Automatic Data Processing (ADP) Forms $112.75 Double Top; Jones Financial Companies Lllp Lowered Its Time Warner (TWX) Holding

November 3, 2017 - By Adrian Mccoy

Jones Financial Companies Lllp decreased Time Warner Inc (TWX) stake by 23% reported in 2017Q2 SEC filing. Jones Financial Companies Lllp sold 7,169 shares as Time Warner Inc (TWX)’s stock rose 1.19%. The Jones Financial Companies Lllp holds 23,994 shares with $2.41M value, down from 31,163 last quarter. Time Warner Inc now has $73.00 billion valuation. The stock declined 1.00% or $0.95 reaching $93.76 per share. About 3.20M shares traded. Time Warner Inc (NYSE:TWX) has risen 36.37% since November 3, 2016 and is uptrending. It has outperformed by 19.67% the S&P500.

Automatic Data Processing (ADP) formed double top with $121.77 target or 8.00% above today’s $112.75 share price. Automatic Data Processing (ADP) has $50.10B valuation. About 453,602 shares traded. Automatic Data Processing (NASDAQ:ADP) has risen 15.83% since November 3, 2016 and is uptrending. It has underperformed by 0.87% the S&P500.

Among 19 analysts covering Automatic Data (NASDAQ:ADP), 2 have Buy rating, 3 Sell and 14 Hold. Therefore 11% are positive. Automatic Data has $130 highest and $76 lowest target. $104.73’s average target is -7.11% below currents $112.75 stock price. Automatic Data had 42 analyst reports since August 3, 2015 according to SRatingsIntel. RBC Capital Markets maintained Automatic Data Processing (NASDAQ:ADP) on Wednesday, September 13 with “Hold” rating. The stock of Automatic Data Processing (NASDAQ:ADP) earned “Underperform” rating by Evercore on Friday, June 2. The firm has “Underweight” rating by Morgan Stanley given on Thursday, August 3. Topeka Capital Markets maintained the stock with “Sell” rating in Thursday, October 29 report. The firm earned “Sector Perform” rating on Monday, May 2 by RBC Capital Markets. William Blair upgraded the stock to “Outperform” rating in Monday, August 31 report. The rating was maintained by RBC Capital Markets on Thursday, February 4 with “Sector Perform”. The stock has “Outperform” rating by Bernstein on Tuesday, October 31. The stock has “Neutral” rating by JP Morgan on Friday, August 14. Citigroup maintained Automatic Data Processing (NASDAQ:ADP) on Friday, July 29 with “Neutral” rating.

Investors sentiment decreased to 0.77 in 2017 Q2. Its down 0.06, from 0.83 in 2017Q1. It dived, as 62 investors sold Automatic Data Processing shares while 426 reduced holdings. 74 funds opened positions while 304 raised stakes. 355.68 million shares or 2.28% more from 347.76 million shares in 2017Q1 were reported. Rand Wealth Limited Liability Corp reported 73,444 shares. Gyroscope Mngmt Group Lc owns 0.18% invested in Automatic Data Processing (NASDAQ:ADP) for 3,472 shares. Echo Street Capital Mgmt Limited Liability Corp accumulated 0.15% or 38,970 shares. The Ohio-based Fifth Third Bancorporation has invested 0.44% in Automatic Data Processing (NASDAQ:ADP). Metropolitan Life Ins Ny holds 234,389 shares or 0.17% of its portfolio. Fruth Invest Management holds 1.63% or 33,749 shares in its portfolio. Beck Mack & Oliver owns 4,401 shares for 0.02% of their portfolio. Moreover, Savings Bank Of Montreal Can has 0.07% invested in Automatic Data Processing (NASDAQ:ADP) for 693,244 shares. Thompson Siegel And Walmsley Limited Company reported 3,125 shares stake. 3,500 were accumulated by Capital Advsrs Ok. Nikko Asset Management Americas holds 0.02% in Automatic Data Processing (NASDAQ:ADP) or 3,800 shares. Roundview Cap Ltd Liability Corporation holds 7,975 shares or 0.24% of its portfolio. 105,203 were accumulated by Avalon Limited Liability Corporation. Colony Gp Ltd Liability holds 0.03% or 3,633 shares in its portfolio. Tarbox Family Office Incorporated, California-based fund reported 145 shares.

Since May 24, 2017, it had 0 buys, and 1 sale for $4.94 million activity. Rodriguez Carlos A also sold $4.94M worth of Automatic Data Processing (NASDAQ:ADP) shares.

Among 38 analysts covering Time Warner Inc. (NYSE:TWX), 12 have Buy rating, 0 Sell and 26 Hold. Therefore 32% are positive. Time Warner Inc. had 104 analyst reports since August 6, 2015 according to SRatingsIntel. Wedbush maintained the shares of TWX in report on Friday, July 29 with “Outperform” rating. Telsey Advisory Group initiated the stock with “Outperform” rating in Friday, February 5 report. The company was downgraded on Wednesday, February 1 by Moffett Nathanson. The firm has “Hold” rating by RBC Capital Markets given on Monday, October 16. The firm earned “Neutral” rating on Monday, October 24 by Credit Suisse. The stock of Time Warner Inc (NYSE:TWX) earned “Buy” rating by M Partners on Friday, November 27. The rating was maintained by BMO Capital Markets on Thursday, July 13 with “Hold”. The rating was maintained by Deutsche Bank on Thursday, August 4 with “Buy”. The rating was maintained by S&P Research with “Buy” on Thursday, August 6. The firm has “Neutral” rating by Wedbush given on Monday, October 17.

Since June 15, 2017, it had 1 insider purchase, and 0 selling transactions for $25,416 activity. The insider Averill Howard M bought $25,416.

Investors sentiment increased to 0.85 in Q2 2017. Its up 0.10, from 0.75 in 2017Q1. It increased, as 41 investors sold TWX shares while 376 reduced holdings. 73 funds opened positions while 283 raised stakes. 600.08 million shares or 1.15% less from 607.09 million shares in 2017Q1 were reported. Hap Trading has invested 0.07% in Time Warner Inc (NYSE:TWX). State Street reported 31.80M shares or 0.28% of all its holdings. Beach Mngmt Ltd Limited Liability Company stated it has 0.4% of its portfolio in Time Warner Inc (NYSE:TWX). 1.58M are held by Principal Financial Inc. Nj State Employees Deferred Compensation Plan accumulated 36,666 shares. Amf Pensionsforsakring has 716,527 shares for 0.8% of their portfolio. Rmsincerbeaux Mngmt Ltd Co holds 3,000 shares. Highfields LP accumulated 5.55M shares. Angelo Gordon & LP stated it has 550,000 shares. Savant Cap Ltd accumulated 0.09% or 3,668 shares. Ifc Holding Fl reported 24,175 shares or 0.19% of all its holdings. Franklin Resources, a California-based fund reported 12.34 million shares. Edgemoor Investment Advsr Inc accumulated 113,836 shares. Breton Hill Cap invested in 9,875 shares or 0.19% of the stock. Springowl Associates Ltd Liability Corp stated it has 8,000 shares or 0.7% of all its holdings.