Westfield Capital Management Company LP Has Raised Zendesk (ZEN) Stake; Cadian Capital Management LP Has Lowered Zayo Group Hldgs (ZAYO) Holding

July 17, 2017 - By Marguerite Chambers

Cadian Capital Management Lp decreased Zayo Group Hldgs Inc (ZAYO) stake by 64.58% reported in 2016Q4 SEC filing. Cadian Capital Management Lp sold 3.71M shares as Zayo Group Hldgs Inc (ZAYO)’s stock rose 1.36%. The Cadian Capital Management Lp holds 2.04M shares with $66.91 million value, down from 5.75M last quarter. Zayo Group Hldgs Inc now has $7.68B valuation. The stock rose 1.75% or $0.53 reaching $30.88. About 1.19 million shares traded. Zayo Group Holdings Inc (NYSE:ZAYO) has risen 14.22% since July 17, 2016 and is uptrending. It has underperformed by 2.48% the S&P500.

Westfield Capital Management Company Lp increased Zendesk Inc (ZEN) stake by 17.68% reported in 2016Q4 SEC filing. Westfield Capital Management Company Lp acquired 177,360 shares as Zendesk Inc (ZEN)’s stock declined 10.76%. The Westfield Capital Management Company Lp holds 1.18 million shares with $25.03 million value, up from 1.00M last quarter. Zendesk Inc now has $2.87 billion valuation. The stock declined 0.46% or $0.13 reaching $28.33 on the news. About 257,699 shares traded. Zendesk Inc (NYSE:ZEN) has risen 6.73% since July 17, 2016 and is uptrending. It has underperformed by 9.97% the S&P500.

Among 14 analysts covering Zendesk (NYSE:ZEN), 13 have Buy rating, 0 Sell and 1 Hold. Therefore 93% are positive. Zendesk had 23 analyst reports since August 5, 2015 according to SRatingsIntel. The rating was initiated by Goldman Sachs with “Buy” on Friday, December 11. Summit Research initiated Zendesk Inc (NYSE:ZEN) rating on Monday, March 28. Summit Research has “Buy” rating and $25 target. The stock has “Hold” rating by Stifel Nicolaus on Tuesday, July 19. Morgan Stanley maintained Zendesk Inc (NYSE:ZEN) on Thursday, July 14 with “Overweight” rating. The rating was maintained by Canaccord Genuity on Thursday, August 6 with “Buy”. On Wednesday, January 11 the stock rating was initiated by Wells Fargo with “Outperform”. The stock of Zendesk Inc (NYSE:ZEN) has “Buy” rating given on Wednesday, November 4 by Rosenblatt. Summit Redstone Partners reinitiated it with “Buy” rating and $34 target in Monday, July 18 report. The company was initiated on Thursday, August 27 by Rosenblatt. The stock of Zendesk Inc (NYSE:ZEN) has “Buy” rating given on Tuesday, September 22 by Craig Hallum.

Westfield Capital Management Company Lp decreased Lockheed Martin Corp (NYSE:LMT) stake by 471,337 shares to 26,366 valued at $6.59M in 2016Q4. It also reduced Tjx Cos Inc New (NYSE:TJX) stake by 173,077 shares and now owns 1.26 million shares. Facebook Inc (NASDAQ:FB) was reduced too.

Since January 23, 2017, it had 0 insider purchases, and 24 insider sales for $332.58 million activity. desGarennes Kenneth sold $1.23M worth of Zayo Group Holdings Inc (NYSE:ZAYO) on Monday, January 23. GTCR FUND X/A LP sold $148.34 million worth of stock. 25,000 Zayo Group Holdings Inc (NYSE:ZAYO) shares with value of $792,000 were sold by Morley Christopher. Shares for $18,795 were sold by Rottenberg Linda on Monday, May 1. Another trade for 746 shares valued at $24,521 was made by Richardson Nina on Friday, March 31. Shares for $225,346 were sold by Waters John F Jr. on Tuesday, April 4. Shares for $740,296 were sold by Caruso Daniel.

Investors sentiment decreased to 1.67 in 2016 Q4. Its down 0.16, from 1.83 in 2016Q3. It is negative, as 32 investors sold ZAYO shares while 66 reduced holdings. 97 funds opened positions while 67 raised stakes. 168.00 million shares or 6.55% more from 157.67 million shares in 2016Q3 were reported. Ibm Retirement Fund accumulated 13,056 shares or 0.02% of the stock. Navellier Associate Inc owns 0.07% invested in Zayo Group Holdings Inc (NYSE:ZAYO) for 12,157 shares. Cadian Capital Mngmt Limited Partnership stated it has 3.56% of its portfolio in Zayo Group Holdings Inc (NYSE:ZAYO). Cap has 17.27 million shares for 0.14% of their portfolio. Acadian Asset Mngmt Ltd Llc owns 0% invested in Zayo Group Holdings Inc (NYSE:ZAYO) for 345 shares. Timessquare Capital Ltd Liability Co stated it has 2.03 million shares. Finemark Commercial Bank holds 0% or 46 shares. Fortaleza Asset Incorporated accumulated 0.01% or 110 shares. D E Shaw reported 946,639 shares. Shell Asset Mgmt stated it has 0.02% in Zayo Group Holdings Inc (NYSE:ZAYO). Blackrock Institutional Tru Communications Na has invested 0.02% of its portfolio in Zayo Group Holdings Inc (NYSE:ZAYO). Prelude Mgmt Ltd invested in 1,110 shares or 0% of the stock. Picton Mahoney Asset Mngmt, a Ontario – Canada-based fund reported 35,700 shares. Steadfast LP reported 0.82% stake. Gabelli Funds Ltd Limited Liability Company owns 24,000 shares.

Analysts await Zayo Group Holdings Inc (NYSE:ZAYO) to report earnings on August, 24. They expect $0.13 EPS, up 1,200.00% or $0.12 from last year’s $0.01 per share. ZAYO’s profit will be $32.33M for 59.38 P/E if the $0.13 EPS becomes a reality. After $0.13 actual EPS reported by Zayo Group Holdings Inc for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Cadian Capital Management Lp increased Tableau Software Inc (NYSE:DATA) stake by 2.65 million shares to 3.91M valued at $164.76M in 2016Q4. It also upped Iac Interactivecorp (NASDAQ:IACI) stake by 348,671 shares and now owns 2.03M shares. Alphabet Inc was raised too.

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: