CWA Asset Management Group LLC Takes Position in Automatic Data Processing (ADP)

Lloyd Doyle
March 14, 2018

Swift Run Capital Management LLC now owns 5,036 shares of the business services provider's stock worth $590,000 after acquiring an additional 1,052 shares during the last quarter. The Pershing Square Capital Management Lp holds 8.80M shares with $961.85M value, up from 1.75 million last quarter. Loring Wolcott & Coolidge Fiduciary Advisors Llp who had been investing in Automatic Data Processing for a number of months, seems to be less bullish one the $52.64B market cap company. The stock increased 6.08% or $2.05 during the last trading session, reaching $35.75. About 1.82M shares traded or 0.86% up from the average. Automatic Data Processing, Inc. (NASDAQ:ADP) has risen 15.83% since March 13, 2017 and is uptrending. It has underperformed by 0.87% the S&P500.

Hendershot Investments Inc increased Gentex Corp (NASDAQ:GNTX) stake by 22,290 shares to 150,560 valued at $2.98 million in 2017Q3. Kynikos Associates Lp sold 20,427 shares as the company's stock rose 6.12% with the market. The institutional investor held 391,048 shares of the prepackaged software company at the end of 2017Q3, valued at $29.13M, down from 395,541 at the end of the previous reported quarter. Dupont Capital Management Corp who had been investing in Calpine Corp for a number of months, seems to be bullish on the $5.50B market cap company. About 36.94 million shares traded or 25.00% up from the average. (NASDAQ:ADP) has risen 15.83% since March 13, 2017 and is uptrending. It has underperformed by 17.33% the S&P500.

Since January 31, 2018, it had 1 insider purchase, and 2 sales for $2.69 million activity. Chapman Neil A had sold 12,000 shares worth $996,628. First Hawaiian National Bank owns 2,297 shares. (NASDAQ:ADP) on Tuesday, January 2. 2,412 shares were sold by Wascom Dennis G, worth $200,293 on Friday, December 15.

Investors sentiment increased to 0.83 in Q3 2017. Its the same as in 2017Q2. It improved, as 40 investors sold MSFT shares while 952 reduced holdings. Caisse De Depot Et Placement Du Quebec accumulated 0.38% or 2.02 million shares. Pacad Investment Limited holds 6,000 shares or 0.15% of its portfolio. Bnp Paribas Arbitrage accumulated 313,413 shares. The business services provider reported $0.99 earnings per share for the quarter, beating the consensus estimate of $0.89 by $0.10. Riggs Asset Managment owns 200 shares or 0.01% of their U.S. portfolio. Jpmorgan Chase & invested in 123,445 shares. (NYSE:CF) to report earnings on May, 2. Following the transaction, the chief executive officer now directly owns 124,722 shares of the company's stock, valued at $14,728,420.98. (NASDAQ:ADP). Old Mutual Customised Solutions (Proprietary) Ltd stated it has 16,100 shares or 0.24% of all its holdings. The company was maintained on Tuesday, July 19 by Credit Suisse. Guyasuta Invest has invested 3.28% in Exxon Mobil Corporation (NYSE:XOM). Farmers & Merchants Inc, a Nebraska-based fund reported 333,965 shares. The firm earned "Outperform" rating on Friday, October 30 by Oppenheimer. The rating was downgraded by Robert W. Baird to "Neutral" on Friday, July 29.

Several equities research analysts have recently issued reports on the company. The company was maintained on Tuesday, November 3 by Argus Research. BMO Capital Markets has "Hold" rating and $122.0 target.

Among 5 analysts covering Tower International Inc (NYSE:TOWR), 2 have Buy rating, 0 Sell and 3 Hold. The rating was maintained by SunTrust on Wednesday, August 24 with "Neutral". Zacks Investment Research upgraded Automatic Data Processing from a "hold" rating to a "buy" rating and set a $136.00 target price for the company in a research note on Tuesday, January 23rd. Therefore 21% are positive. Barclays upped their target price on shares of Automatic Data Processing from $121.00 to $128.00 and gave the stock an "equal weight" rating in a report on Thursday, February 1st. The firm has "Buy" rating by Goldman Sachs given on Monday, December 11. The firm earned "Hold" rating on Monday, January 22 by BMO Capital Markets. Acrospire Investment Management LLC bought a new position in Automatic Data Processing during the 2nd quarter worth approximately $102,000. The rating was maintained by JP Morgan with "Neutral" on Tuesday, April 19. The firm earned "Outperform" rating on Monday, August 31 by William Blair. Stifel Nicolaus boosted their target price on shares of Automatic Data Processing from $113.00 to $133.00 and gave the company a "hold" rating in a research report on Thursday, February 1st. (NASDAQ:ADP) on Tuesday, October 31 with "Outperform" rating. Eleven analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The rating was initiated by Wedbush on Friday, September 9 with "Neutral". The rating was maintained by Barclays Capital with "Equal-Weight" on Thursday, October 26.


Haverford Trust Company, which manages about $4.79B US Long portfolio, decreased its stake in Procter & Gamble (NYSE:PG) by 310,223 shares to 929,663 shares, valued at $84.58M in 2017Q3, according to the filing.

Investors sentiment decreased to 0.68 in 2017 Q3. Its down 0.09, from 0.77 in 2017Q2. It turned negative, as 60 investors sold ADP shares while 457 reduced holdings. 70 funds opened positions while 51 raised stakes. BidaskClub upgraded shares of Automatic Data Processing from a "sell" rating to a "hold" rating in a report on Wednesday, January 24th. Donaldson Llc has invested 0.95% of its portfolio in Automatic Data Processing, Inc. (NASDAQ:ADP) shares with value of $405,250 were sold by Weinstein Donald. (NASDAQ:ADP) popped in on a low volume red day. Dodge & Cox stated it has 0% in Automatic Data Processing, Inc. After $0.99 actual earnings per share reported by Automatic Data Processing, Inc. for the previous quarter, Wall Street now forecasts 45.45% EPS growth. Automatic Data Processing has a 52 week low of $95.50 and a 52 week high of $125.24. $659,979 worth of Automatic Data Processing, Inc. Compass Capital Management Incorporated reported 366,034 shares stake. Hall Laurie J Trustee reported 19,876 shares. Gulf International Bancshares (Uk) Ltd reported 0.21% in Automatic Data Processing, Inc. Murphy Capital Management Incorporated reported 4,524 shares. (NASDAQ:ADP). Tudor Inv Corp Et Al invested 0.03% in Automatic Data Processing, Inc. Capital Of America reported 0.25% in Automatic Data Processing, Inc. (NASDAQ:ADP) for 10,693 shares. Commonwealth Equity Svcs reported 0.09% stake.

Analysts await Automatic Data Processing, Inc. They expect $1.44 earnings per share, up 9.92% or $0.13 from last year's $1.31 per share. MSFT's profit will be $6.54 billion for 28.39 P/E if the $0.85 EPS becomes a reality. After $-0.02 actual EPS reported by CF Industries Holdings, Inc. for the previous quarter, Wall Street now forecasts -500.00% EPS growth.

Since December 31, 2017, it had 0 buys, and 26 sales for $43.49 million activity.

More important recent Automatic Data Processing, Inc. Clementi Erich sold 13,000 shares worth $2.01 million. 750 shares valued at $90,285 were sold by Bierbusse John on Friday, February 23. The insider O'Brien Dermot J sold $1.19M. Another trade for 95,756 shares valued at $11.31M was made by Rodriguez Carlos A on Wednesday, January 3.

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