Tukman Grossman Capital Management Cut By $9.55 Million Its Automatic Data Processin (ADP) Position; Shelton Capital Management Has Cut Its Shire Plc (SHPG) Holding

January 16, 2018 - By Adrian Erickson

Tukman Grossman Capital Management Inc decreased Automatic Data Processin (ADP) stake by 69.37% reported in 2017Q3 SEC filing. Tukman Grossman Capital Management Inc sold 87,600 shares as Automatic Data Processin (ADP)’s stock declined 1.06%. The Tukman Grossman Capital Management Inc holds 38,673 shares with $4.23M value, down from 126,273 last quarter. Automatic Data Processin now has $52.54B valuation. The stock increased 1.10% or $1.29 during the last trading session, reaching $118.47. About 1.64 million shares traded. Automatic Data Processing, Inc. (NASDAQ:ADP) has risen 15.83% since January 16, 2017 and is uptrending. It has underperformed by 0.87% the S&P500.

Shelton Capital Management decreased Shire Plc (SHPG) stake by 11.24% reported in 2017Q3 SEC filing. Shelton Capital Management sold 2,429 shares as Shire Plc (SHPG)’s stock rose 4.45%. The Shelton Capital Management holds 19,186 shares with $2.94M value, down from 21,615 last quarter. Shire Plc now has $42.72B valuation. The stock decreased 0.58% or $0.86 during the last trading session, reaching $147.55. About 1.10M shares traded. Shire plc (NASDAQ:SHPG) has risen 4.69% since January 16, 2017 and is uptrending. It has underperformed by 12.01% the S&P500.

Shelton Capital Management increased Alaska Air Group Inc (NYSE:ALK) stake by 14,800 shares to 53,763 valued at $4.10M in 2017Q3. It also upped Viacom Inc New (NASDAQ:VIAB) stake by 15,300 shares and now owns 148,000 shares. Schein Henry Inc (NASDAQ:HSIC) was raised too.

Analysts await Shire plc (NASDAQ:SHPG) to report earnings on February, 15. They expect $3.89 earnings per share, up 15.43% or $0.52 from last year’s $3.37 per share. SHPG’s profit will be $1.13 billion for 9.48 P/E if the $3.89 EPS becomes a reality. After $3.81 actual earnings per share reported by Shire plc for the previous quarter, Wall Street now forecasts 2.10% EPS growth.

Among 25 analysts covering Shire plc (ADR) (NASDAQ:SHPG), 20 have Buy rating, 0 Sell and 5 Hold. Therefore 80% are positive. Shire plc (ADR) has $325 highest and $159.0 lowest target. $220.64’s average target is 49.54% above currents $147.55 stock price. Shire plc (ADR) had 63 analyst reports since July 22, 2015 according to SRatingsIntel. The company was maintained on Friday, October 27 by Cowen & Co. The firm has “Buy” rating given on Friday, September 22 by Cowen & Co. The rating was maintained by Jefferies with “Buy” on Wednesday, December 20. Bank of America upgraded Shire plc (NASDAQ:SHPG) on Monday, January 18 to “Buy” rating. The firm has “Buy” rating by FBR Capital given on Wednesday, October 18. Credit Suisse upgraded the shares of SHPG in report on Tuesday, January 12 to “Outperform” rating. Susquehanna maintained Shire plc (NASDAQ:SHPG) rating on Wednesday, November 15. Susquehanna has “Buy” rating and $225.0 target. As per Tuesday, January 2, the company rating was maintained by Stifel Nicolaus. On Wednesday, June 7 the stock rating was maintained by RBC Capital Markets with “Buy”. Exane downgraded the stock to “Outperform” rating in Thursday, August 6 report.

Investors sentiment decreased to 0.68 in Q3 2017. Its down 0.09, from 0.77 in 2017Q2. It dived, as 60 investors sold ADP shares while 457 reduced holdings. 109 funds opened positions while 241 raised stakes. 342.26 million shares or 3.77% less from 355.68 million shares in 2017Q2 were reported. Atwood Palmer reported 0.19% of its portfolio in Automatic Data Processing, Inc. (NASDAQ:ADP). Endurance Wealth Inc invested in 0.07% or 3,717 shares. Baldwin Brothers Incorporated Ma holds 0.03% of its portfolio in Automatic Data Processing, Inc. (NASDAQ:ADP) for 1,593 shares. Gratry Llc holds 0.3% or 2,210 shares. Cincinnati Indemnity Co holds 20.55% of its portfolio in Automatic Data Processing, Inc. (NASDAQ:ADP) for 48,100 shares. Pictet Asset Mngmt has 278,281 shares. Kemper Master Retirement holds 0.98% of its portfolio in Automatic Data Processing, Inc. (NASDAQ:ADP) for 15,000 shares. Chemical Financial Bank invested 1.1% of its portfolio in Automatic Data Processing, Inc. (NASDAQ:ADP). Colony Gp Ltd Liability Corp reported 3,534 shares. Adell Harriman & Carpenter invested 0.18% of its portfolio in Automatic Data Processing, Inc. (NASDAQ:ADP). Northrock Ptnrs Limited Liability has invested 0.08% of its portfolio in Automatic Data Processing, Inc. (NASDAQ:ADP). Country Trust Financial Bank invested 0% in Automatic Data Processing, Inc. (NASDAQ:ADP). Florida-based Ifc Incorporated Fl has invested 0.06% in Automatic Data Processing, Inc. (NASDAQ:ADP). Murphy Capital holds 4,524 shares. Cleararc Cap has invested 0.19% of its portfolio in Automatic Data Processing, Inc. (NASDAQ:ADP).

Analysts await Automatic Data Processing, Inc. (NASDAQ:ADP) to report earnings on February, 7. They expect $0.89 earnings per share, up 2.30% or $0.02 from last year’s $0.87 per share. ADP’s profit will be $394.70M for 33.28 P/E if the $0.89 EPS becomes a reality. After $0.91 actual earnings per share reported by Automatic Data Processing, Inc. for the previous quarter, Wall Street now forecasts -2.20% negative EPS growth.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.




Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: