Zayo Group Holdings Inc

Doris Richards
October 22, 2017

The technology company reported $0.13 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.15 by ($0.02). The stock increased 1.47% or $0.34 on October 20, reaching $23.49. About 181,467 shares traded or 44.68% up from the average. Viacom, Inc. (NASDAQ:VIAB) has declined 8.36% since October 21, 2016 and is downtrending. It has underperformed by 39.93% the S&P500.

Ratings analysis reveals 62% of Zayo Group Holdings's analysts are positive. Deutsche Bank initiated Zayo Group Holdings Inc (NYSE:ZAYO) on Monday, August 28 with "Hold" rating. RBC Capital Markets has "Buy" rating and $3700 target. The rating was maintained by Citigroup on Wednesday, October 21 with "Buy". Stifel Nicolaus reiterated a "buy" rating on shares of Zayo Group Holdings in a research note on Tuesday, August 22nd. The firm earned "Buy" rating on Tuesday, November 24 by Suntrust Robinson. The firm has "Outperform" rating by FBR Capital given on Thursday, November 12. Zayo Group Holdings has an average rating of "Hold" and a consensus target price of $38.50.

The stock increased 1.22% or $0.44 on October 20, reaching $36.52. The company presently has a consensus rating of Hold and an average target price of $38.50. Zayo Group Holdings Inc (NYSE:ZAYO) has risen 14.22% since October 21, 2016 and is uptrending. It has underperformed by 2.48% the S&P500.

Zayo Group Holdings (NYSE:ZAYO) opened at 36.52 on Friday. Its up 0.06, from 1.28 in 2017Q1.

In other Zayo Group Holdings news, CEO Daniel Caruso sold 154,402 shares of Zayo Group Holdings stock in a transaction that occurred on Wednesday, July 26th. 12 funds opened positions while 43 raised stakes. 189.97 million shares or 6.17% more from 178.92 million shares in 2017Q1 were reported. Legal And General Group Inc Plc holds 301,206 shares. Prudential Financial Inc. raised its stake in Zayo Group Holdings by 13.0% during the first quarter. Atlantic Tru Gru Limited Liability Corp reported 10,000 shares or 0% of all its holdings. Price T Rowe Associates Md holds 0% or 15,233 shares in its portfolio. Marlowe Partners Lp sold 421,659 shares as Zayo Group Hldgs Inc (ZAYO)'s stock rose 1.36%. Fifth Third Bancorp invested in 6,000 shares or 0% of the stock. The lowest target is $25 while the high is $4500.

TRADEMARK VIOLATION WARNING: "Zayo Group Holdings, Inc". Neuberger Berman Group LLC bought a new stake in shares of Zayo Group Holdings during the 1st quarter valued at approximately $203,000.

12/01/2016 - Zayo Group Holdings, Inc. had its "outperform" rating reiterated by analysts at RBC Capital. Corvex Mgmt Limited Partnership owns 2.30M shares or 2.31% of their U.S. portfolio. Dodge & Cox stated it has 16.57M shares. Finally, Vanguard Group Inc. grew its position in Zayo Group Holdings by 12.7% during the 1st quarter.


Zayo Group Holdings, Inc. provides communications infrastructure services, including fiber and bandwidth connectivity, colocation and cloud infrastructure to a range of businesses. The company has market cap of $9.00 billion. The Company operates in five segments: Dark Fiber Solutions, Network Connectivity, Colocation and Cloud Infrastructure, Zayo Canada and Other. It has a 105.45 P/E ratio. The Company's products include leased dark fiber, fiber to cellular towers and small cell sites, wavelength connections, Ethernet, Internet Protocol connectivity and cloud services.

Since May 1, 2017, it had 0 insider purchases, and 5 insider sales for $152.06 million activity. Vanguard Group Inc. lifted its holdings in Zayo Group Holdings by 8.9% during the 2nd quarter.

Reaves W H & Company Inc increased Zayo Group Hldgs Inc (ZAYO) stake by 3.71% reported in 2017Q2 SEC filing.

12/14/2016 - Zayo Group Holdings, Inc. was downgraded to "equal-weight" by analysts at Morgan Stanley. On Monday, May 1 the insider Rottenberg Linda sold $18,795. Hartz Joseph L. also sold $774,743 worth of UGI Corp (NYSE:UGI) on Friday, June 2. Morley Christopher had sold 25,000 shares worth $875,000. Shares for $1.29M were sold by VINCENT ROGER B. The shares were sold at an average price of $32.38, for a total transaction of $4,999,536.76.

Investors sentiment increased to 1.33 in Q2 2017. Its down 0.22, from 1.2 in 2017Q1. Cubist Systematic Strategies Limited Com holds 10,193 shares. Mycio Wealth Prns invested in 40,168 shares. (NYSE:HBI). Community Svcs Ltd Liability reported 256,260 shares. Following the sale, the chief executive officer now owns 4,284,854 shares in the company, valued at $145,213,702.06. The shares were sold at an average price of $29.83, for a total value of $1,864,375.00.

Hanesbrands Inc.is a marketer of basic innerwear and activewear apparel in the Americas, Europe, Australia and Asia/Pacific under apparel brands, such as Hanes, Champion, Maidenform, DIM, Bali, Playtex, Bonds, JMS/Just My Size, Nur Die/Nur Der, L'eggs, Lovable, Wonderbra, Flexees, Gear for Sports and Berlei. (NYSE:HBI). Apg Asset Nv has 0.02% invested in Hanesbrands Inc. Dimensional Fund Advsr Lp reported 794,031 shares stake. Soros Fund Mngmt Ltd Llc, a New York-based fund reported 13,200 shares.

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