Automatic Data Processing (NASDAQ:ADP) Holdings Cut by Cullinan Associates Inc

Insiders have sold 149,767 shares of company stock worth $17,801,722 over the last 90 days. (ADP) has had a 20-day average volume of 2,115,215 shares, with an average of 60% of short term indicators pointed at Sell. The stock decreased 0.92% or $1.3 during the last trading session, reaching $140.35. The target implies a 14.71% spike from where the shares are now trading. The Children's Place, Inc. (NYSE:AXL) has risen 4.39% since February 9, 2017 and is uptrending. It has outperformed by 1.89% the S&P500.

Tt International decreased its stake in Ternium Sa (TX) by 20.78% based on its latest 2017Q3 regulatory filing with the SEC. Renaissance Investment Group Llc sold 19,557 shares as the company's stock declined 1.06% while stock markets rallied. The institutional investor held 688,762 shares of the steel and iron ore company at the end of 2017Q3, valued at $21.30 million, down from 869,423 at the end of the previous reported quarter. Renaissance Investment Group Llc who had been investing in Automatic Data Proc for a number of months, seems to be less bullish one the $47.98B market cap company. First National Trust Co now owns 48,637 shares of the business services provider's stock valued at $5,699,000 after acquiring an additional 2,109 shares during the last quarter.

The counter witnessed a trading volume of 3 million shares versus an average volume of 2.2 million shares during last trading session.

Media coverage about Automatic Data Processing (NASDAQ:ADP) has been trending somewhat positive this week, according to Accern. It has underperformed by 0.87% the S&P500.

Investors sentiment decreased to 0.77 in Q3 2017. Its down 0.11, from 1.06 in 2017Q2.


A number of other hedge funds also recently made changes to their positions in the business. Sumitomo Life Insurance Co. now owns 31,285 shares of the business services provider's stock valued at $3,205,000 after purchasing an additional 11,721 shares during the last quarter. 32,681 were reported by Connors Investor Ser. 257 are held by Kings Point Mngmt. Grantham Mayo Van Otterloo And Lc holds 343,322 shares. Dimensional Fund Advisors Lp has 1.11 million shares. Royal Bancorporation Of Canada reported 5.82M shares stake. In the most recent quarterly financial report, for the quarter ending December 2017, Automatic Data Processing, Inc. (NASDAQ:ADP) on Wednesday, January 31 with "Hold" rating. Somerset Trust Co now owns 16,072 shares of the business services provider's stock valued at $1,647,000 after acquiring an additional 441 shares in the last quarter. (NASDAQ:HOLX) has "Hold" rating given on Thursday, April 28 by Needham. (NASDAQ:ADP). Bkd Wealth Advsr Ltd Liability reported 0.03% stake. Eleven investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Therefore 44% are positive. Medtronic had 79 analyst reports since August 10, 2015 according to SRatingsIntel. The rating was maintained by Stifel Nicolaus with "Buy" on Tuesday, October 18. Morgan Stanley initiated The Boeing Company (NYSE:BA) on Thursday, June 23 with "Overweight" rating. The firm has "Sector Perform" rating by RBC Capital Markets given on Thursday, February 4. The stock has "Buy" rating by UBS on Tuesday, September 22. (NASDAQ:ADP) has "In-Line" rating given on Monday, July 31 by Evercore. RBC Capital Markets maintained it with "Sell" rating and $14600 target in Friday, June 2 report. As per Friday, December 1, the company rating was maintained by Cowen & Co. The stock of 3M Company (NYSE:MMM) has "Hold" rating given on Monday, July 10 by RBC Capital Markets. (NYSE:AXL) has "Sector Perform" rating given on Monday, August 1 by RBC Capital Markets.

Meanwhile, during the same quarter Automatic Data Processing, Inc. RBC Capital Markets maintained the shares of ADP in report on Thursday, January 18 with "Hold" rating. (NASDAQ:ADP) earned "Outperform" rating by Bernstein on Monday, July 11. The institutional investor held 39,948 shares of the technology company at the end of 2017Q3, valued at $4.37M, down from 59,505 at the end of the previous reported quarter. It also reduced its holding in United Parcel Service Inc (NYSE:UPS) by 50,000 shares in the quarter, leaving it with 10,000 shares, and cut its stake in Vanguard Ftse Developed Markets Etf (VEA).

Since September 1, 2017, it had 0 insider buys, and 31 insider sales for $37.63 million activity. Bank & Trust reported 0.2% of its portfolio in Automatic Data Processing, Inc. Shares for $2.42 million were sold by Politi Douglas W. (NASDAQ:DLTR), its shares were trading at $101.58 a retreat of $-4.5, on the trading floor. Another trade for 3,900 shares valued at $452,517 was sold by Bonarti Michael A. Of the 17 analysts surveyed by Reuters that track ADP 14 of them rate its stock a hold. Stifel Nicolaus restated a "hold" rating and set a $108.00 target price (up previously from $103.00) on shares of Automatic Data Processing in a report on Sunday, July 30th. The firm has "Equal-Weight" rating by Barclays Capital given on Thursday, October 26. The stock of The Children's Place, Inc. The stock has "Buy" rating by Needham on Tuesday, January 9. The rating was downgraded by Bank of America to "Neutral" on Tuesday, January 3. Buckingham Research maintained The Children's Place, Inc. (NASDAQ:AAPL) on Wednesday, October 12 with "Buy" rating. Drexel Hamilton has "Buy" rating and $20800 target. The stock has "Buy" rating by Bank of America on Monday, November 14. The firm has "Hold" rating given on Wednesday, August 30 by Robert W. Baird. American Axle & Manufacturing Holdings, Inc. As per Tuesday, July 28, the company rating was upgraded by Numis Securities. The rating was maintained by FBR Capital on Wednesday, January 4 with "Outperform".

Investors sentiment decreased to 0.68 in Q3 2017. Its down 0.09, from 0.77 in 2017Q2. It worsened, as 30 investors sold PLCE shares while 93 reduced holdings. 62 funds opened positions while 153 raised stakes. Insiders own 0.25% of the company's stock. (NASDAQ:AAPL) for 40,869 shares. Piedmont Investment Advisors Limited Liability has 5,233 shares for 0.01% of their portfolio. Tributary Cap Mgmt Limited holds 0% or 200 shares in its portfolio. Reliance Trust Of Delaware invested in 0.19% or 16,025 shares. 66,742 were reported by Saybrook Cap Nc. (NYSE:LAD). 2.91 million are held by Blackrock. Gam Ag reported 12,203 shares or 0.09% of all its holdings. The Ohio-based Keybank National Association Oh has invested 0.01% in Lithia Motors, Inc. Shelter Ins Retirement Plan invested in 2.97% or 82,022 shares. The Missouri-based Confluence Invest Ltd Liability has invested 0.29% in Medtronic plc (NYSE:MDT). Hardman Johnston Advsrs Ltd Limited Liability Company invested in 455,625 shares. Palisade Asset Ltd Liability holds 0.55% of its portfolio in Automatic Data Processing, Inc.

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