Winfield Associates Inc. boosted its stake in shares of CyrusOne Inc (NASDAQ:CONE) by 43,500.0% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 13,080 shares of the real estate investment trust’s stock after buying an additional 13,050 shares during the quarter. Winfield Associates Inc.’s holdings in CyrusOne were worth $771,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. New York State Common Retirement Fund grew its position in CyrusOne by 2.7% during the third quarter. New York State Common Retirement Fund now owns 192,300 shares of the real estate investment trust’s stock valued at $11,332,000 after buying an additional 5,100 shares during the period. Retirement Systems of Alabama grew its position in CyrusOne by 8.0% during the third quarter. Retirement Systems of Alabama now owns 231,492 shares of the real estate investment trust’s stock valued at $13,642,000 after buying an additional 17,138 shares during the period. FDx Advisors Inc. grew its position in CyrusOne by 21.1% during the third quarter. FDx Advisors Inc. now owns 11,353 shares of the real estate investment trust’s stock valued at $669,000 after buying an additional 1,981 shares during the period. Swiss National Bank grew its position in CyrusOne by 5.6% during the third quarter. Swiss National Bank now owns 139,399 shares of the real estate investment trust’s stock valued at $8,215,000 after buying an additional 7,400 shares during the period. Finally, Principal Financial Group Inc. grew its position in CyrusOne by 19.4% during the third quarter. Principal Financial Group Inc. now owns 388,341 shares of the real estate investment trust’s stock valued at $22,885,000 after buying an additional 63,062 shares during the period. Institutional investors own 96.36% of the company’s stock.
Several equities analysts recently weighed in on CONE shares. Stifel Nicolaus restated a “buy” rating on shares of CyrusOne in a research report on Wednesday, July 19th. Jefferies Group LLC restated a “buy” rating and set a $63.00 price target on shares of CyrusOne in a research report on Tuesday, July 25th. Cowen and Company restated a “buy” rating and set a $72.00 price target on shares of CyrusOne in a research report on Friday, July 28th. Royal Bank Of Canada restated a “buy” rating on shares of CyrusOne in a research report on Friday, July 28th. Finally, Zacks Investment Research downgraded shares of CyrusOne from a “buy” rating to a “hold” rating in a report on Tuesday, August 8th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $62.64.
In related news, insider Venkatesh S. Durvasula sold 13,500 shares of the firm’s stock in a transaction that occurred on Thursday, November 2nd. The shares were sold at an average price of $60.20, for a total value of $812,700.00. Following the sale, the insider now directly owns 214,063 shares of the company’s stock, valued at $12,886,592.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 1.64% of the company’s stock.
Shares of CyrusOne Inc (NASDAQ:CONE) traded up $2.32 during trading on Monday, hitting $64.12. 929,379 shares of the stock were exchanged, compared to its average volume of 776,114. CyrusOne Inc has a 52-week low of $38.80 and a 52-week high of $65.73. The stock has a market capitalization of $5,642.90, a P/E ratio of 20.88, a price-to-earnings-growth ratio of 1.02 and a beta of 0.81. The company has a debt-to-equity ratio of 1.56, a quick ratio of 0.48 and a current ratio of 0.48.
CyrusOne (NASDAQ:CONE) last announced its quarterly earnings results on Monday, October 30th. The real estate investment trust reported ($0.61) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.76 by ($1.37). CyrusOne had a negative return on equity of 3.23% and a negative net margin of 13.60%. The firm had revenue of $175.30 million during the quarter, compared to analysts’ expectations of $177.62 million. During the same period in the previous year, the company posted $0.67 earnings per share. The company’s quarterly revenue was up 21.9% compared to the same quarter last year. equities research analysts expect that CyrusOne Inc will post 3.09 EPS for the current year.
The business also recently announced a quarterly dividend, which will be paid on Friday, January 12th. Investors of record on Friday, December 29th will be paid a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a yield of 2.62%. The ex-dividend date is Thursday, December 28th. CyrusOne’s dividend payout ratio is currently -173.19%.
CyrusOne Inc is a real estate investment trust. The Company is an owner, operator and developer of enterprise-class, carrier-neutral, multi-tenant data center properties. The Company’s data centers are generally purpose-built facilities with redundant power and cooling. The CyrusOne National IX Platform (the National IX Platform) delivers interconnection across states and between metro-enabled sites within its footprint and beyond.
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