CyrusOne Inc (CONE) Shares Sold by Oppenheimer Asset Management Inc.

Oppenheimer Asset Management Inc. lowered its position in shares of CyrusOne Inc (NASDAQ:CONE) by 0.8% in the 4th quarter, Holdings Channel reports. The firm owned 22,758 shares of the real estate investment trust’s stock after selling 192 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in CyrusOne were worth $1,204,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Pensionfund DSM Netherlands increased its holdings in shares of CyrusOne by 94.3% in the fourth quarter. Pensionfund DSM Netherlands now owns 44,300 shares of the real estate investment trust’s stock worth $2,343,000 after buying an additional 21,500 shares during the period. Strs Ohio increased its holdings in shares of CyrusOne by 2.2% in the third quarter. Strs Ohio now owns 142,632 shares of the real estate investment trust’s stock worth $9,042,000 after buying an additional 3,012 shares during the period. Chevy Chase Trust Holdings Inc. increased its holdings in shares of CyrusOne by 19.2% in the third quarter. Chevy Chase Trust Holdings Inc. now owns 381,041 shares of the real estate investment trust’s stock worth $24,158,000 after buying an additional 61,314 shares during the period. Thrivent Financial for Lutherans increased its holdings in shares of CyrusOne by 11.6% in the third quarter. Thrivent Financial for Lutherans now owns 374,157 shares of the real estate investment trust’s stock worth $23,722,000 after buying an additional 38,835 shares during the period. Finally, The Manufacturers Life Insurance Company increased its holdings in shares of CyrusOne by 3.7% in the third quarter. The Manufacturers Life Insurance Company now owns 167,341 shares of the real estate investment trust’s stock worth $10,609,000 after buying an additional 6,005 shares during the period. 98.04% of the stock is owned by hedge funds and other institutional investors.

Several research analysts have recently commented on CONE shares. BidaskClub upgraded CyrusOne from a “hold” rating to a “buy” rating in a report on Monday. BMO Capital Markets restated a “buy” rating and set a $74.00 price target on shares of CyrusOne in a report on Tuesday, October 30th. Morgan Stanley upgraded CyrusOne to an “in-line” rating in a report on Monday, December 17th. Stifel Nicolaus set a $70.00 price target on CyrusOne and gave the company a “buy” rating in a report on Thursday, November 1st. Finally, Wells Fargo & Co set a $66.00 price target on CyrusOne and gave the company a “buy” rating in a report on Thursday, October 18th. Seven research analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of $66.38.

Shares of NASDAQ:CONE opened at $54.56 on Friday. CyrusOne Inc has a 1 year low of $43.49 and a 1 year high of $69.01. The stock has a market cap of $5.76 billion, a P/E ratio of 16.55, a price-to-earnings-growth ratio of 0.84 and a beta of 0.89. The company has a current ratio of 0.64, a quick ratio of 0.64 and a debt-to-equity ratio of 1.22.

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CyrusOne Profile

CyrusOne (NASDAQ: CONE) is a high-growth real estate investment trust (REIT) specializing in highly reliable enterprise-class, carrier-neutral data center properties. The Company provides mission-critical data center facilities that protect and ensure the continued operation of IT infrastructure for approximately 1,000 customers, including 208 Fortune 1000 companies.

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Institutional Ownership by Quarter for CyrusOne (NASDAQ:CONE)

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