CyrusOne (CONE) Investors: Jefferies Reiterates “Buy” Rating, Sees $62.0000/Share; Verastem (VSTM) Shorts Up By 15.08%

June 9, 2017 - By Vivian Park

Verastem Incorporated (NASDAQ:VSTM) had an increase of 15.08% in short interest. VSTM’s SI was 276,200 shares in June as released by FINRA. Its up 15.08% from 240,000 shares previously. With 638,200 avg volume, 0 days are for Verastem Incorporated (NASDAQ:VSTM)’s short sellers to cover VSTM’s short positions. The SI to Verastem Incorporated’s float is 0.85%. The stock decreased 3.18% or $0.07 on June 9, reaching $2.13. About 425,772 shares traded. Verastem Inc (NASDAQ:VSTM) has risen 71.53% since June 9, 2016 and is uptrending. It has outperformed by 54.83% the S&P500.

Among 13 analysts covering Cyrusone Inc (NASDAQ:CONE), 11 have Buy rating, 1 Sell and 1 Hold. Therefore 85% are positive. Cyrusone Inc has $63 highest and $37 lowest target. $54’s average target is -6.04% below currents $57.47 stock price. Cyrusone Inc had 24 analyst reports since August 6, 2015 according to SRatingsIntel. As per Wednesday, June 1, the company rating was initiated by Wells Fargo. The stock of CyrusOne Inc (NASDAQ:CONE) earned “Overweight” rating by JP Morgan on Thursday, March 24. The firm earned “Buy” rating on Tuesday, November 24 by SunTrust. The company was initiated on Tuesday, December 22 by JP Morgan. The stock has “Buy” rating by Stifel Nicolaus on Thursday, February 25. On Friday, May 6 the stock rating was maintained by Stifel Nicolaus with “Buy”. Jefferies maintained CyrusOne Inc (NASDAQ:CONE) on Thursday, August 11 with “Buy” rating. The stock of CyrusOne Inc (NASDAQ:CONE) has “Buy” rating given on Monday, July 18 by Deutsche Bank. The rating was downgraded by Citigroup on Wednesday, January 25 to “Sell”. The rating was initiated by Suntrust Robinson with “Buy” on Tuesday, November 24.

Investors sentiment increased to 1 in Q4 2016. Its up 0.45, from 0.55 in 2016Q3. It improved, as 6 investors sold Verastem Inc shares while 15 reduced holdings. 9 funds opened positions while 12 raised stakes. 8.87 million shares or 8.13% less from 9.65 million shares in 2016Q3 were reported. Dimensional Fund Advisors Ltd Partnership has 33,748 shares. Morgan Stanley owns 37,333 shares for 0% of their portfolio. State Common Retirement Fund has invested 0% in Verastem Inc (NASDAQ:VSTM). 62,413 were accumulated by Goldman Sachs Grp Inc. The New York-based Renaissance Technology has invested 0% in Verastem Inc (NASDAQ:VSTM). Anson Funds Mgmt Lp, a Texas-based fund reported 344,443 shares. Stifel Financial holds 0% of its portfolio in Verastem Inc (NASDAQ:VSTM) for 374,120 shares. Nationwide Fund Advsrs accumulated 39,890 shares. 19,898 were reported by Deutsche National Bank & Trust Ag. 1,293 were reported by Federated Invsts Pa. Prelude Mgmt Limited Liability Corp owns 19,600 shares or 0% of their US portfolio. Regal Investment Ltd Llc accumulated 0.01% or 29,329 shares. California Employees Retirement Sys reported 91,300 shares. Fmr Ltd, Massachusetts-based fund reported 901,200 shares. Millennium Management Lc has invested 0% in Verastem Inc (NASDAQ:VSTM).

Verastem, Inc. is a biopharmaceutical company. The company has market cap of $81.77 million. The Firm is focused on discovering and developing drugs to improve outcomes for patients with cancer. It currently has negative earnings. The Firm operates in the segment of developing drugs for the treatment of cancer.

Among 10 analysts covering Verastem (NASDAQ:VSTM), 3 have Buy rating, 0 Sell and 7 Hold. Therefore 30% are positive. Verastem had 15 analyst reports since September 9, 2015 according to SRatingsIntel. The company was downgraded on Monday, September 28 by Roth Capital. Raymond James downgraded Verastem Inc (NASDAQ:VSTM) on Tuesday, September 29 to “Outperform” rating. The rating was initiated by Raymond James with “Strong Buy” on Wednesday, September 9. The firm earned “Buy” rating on Thursday, September 17 by H.C. Wainwright. The firm has “Neutral” rating given on Monday, September 28 by TH Capital. The stock of Verastem Inc (NASDAQ:VSTM) earned “Neutral” rating by Mizuho on Monday, September 28. H.C. Wainwright maintained Verastem Inc (NASDAQ:VSTM) rating on Friday, March 24. H.C. Wainwright has “Buy” rating and $6.50 target. UBS downgraded it to “Neutral” rating and $16 target in Tuesday, September 29 report. The rating was downgraded by Cantor Fitzgerald on Tuesday, September 29 to “Hold”. The company was downgraded on Tuesday, September 29 by JMP Securities.

Since May 15, 2017, it had 1 insider purchase, and 0 insider sales for $73,500 activity. $73,500 worth of Verastem Inc (NASDAQ:VSTM) was bought by BARBERICH TIMOTHY J on Monday, May 15.

The stock increased 0.79% or $0.45 during the last trading session, reaching $57.47. About 1.70 million shares traded or 101.94% up from the average. CyrusOne Inc (NASDAQ:CONE) has risen 13.66% since June 9, 2016 and is uptrending. It has underperformed by 3.04% the S&P500.

Investors sentiment decreased to 1.1 in Q4 2016. Its down 0.23, from 1.33 in 2016Q3. It dropped, as 46 investors sold CyrusOne Inc shares while 77 reduced holdings. 46 funds opened positions while 89 raised stakes. 77.46 million shares or 1.87% less from 78.94 million shares in 2016Q3 were reported. Denver Inv Advisors Llc owns 817,724 shares or 1.54% of their US portfolio. Ubs Asset Mgmt Americas Inc holds 0% of its portfolio in CyrusOne Inc (NASDAQ:CONE) for 46,494 shares. Ftb holds 275 shares or 0% of its portfolio. 91,498 were reported by Fred Alger Mngmt. The Washington-based Parametric Assoc Limited Liability Com has invested 0% in CyrusOne Inc (NASDAQ:CONE). Investec Asset Management Limited invested in 0.01% or 24,639 shares. Duff Phelps Mngmt reported 361,527 shares stake. 1St Global has 6,853 shares for 0.04% of their portfolio. Friedberg Management accumulated 2.02% or 98,640 shares. Seabridge Investment Advsr Lc, a New Jersey-based fund reported 51,445 shares. Clearbridge Investments Limited Liability Corp has 500 shares for 0% of their portfolio. Alliancebernstein L P holds 64,825 shares. 46,411 were accumulated by Stifel Finance Corporation. Ascend Lc reported 0.67% stake. 32,458 were accumulated by Susquehanna Group Ltd Liability Partnership.

Since February 1, 2017, it had 0 buys, and 5 insider sales for $7.19 million activity. Shares for $506,904 were sold by Durvasula Venkatesh S. on Thursday, March 16. Timmons Kevin L had sold 8,600 shares worth $497,860 on Monday, June 5. Wojtaszek Gary J had sold 80,000 shares worth $4.62 million on Monday, June 5.

CyrusOne Inc. is a real estate investment trust. The company has market cap of $4.99 billion. The Firm is an owner, operator and developer of enterprise-class, carrier-neutral, multi-tenant data center properties. It currently has negative earnings. The Company’s data centers are generally purpose-built facilities with redundant power and cooling.

Analysts await CyrusOne Inc (NASDAQ:CONE) to report earnings on August, 7. They expect $0.72 EPS, up 7.46% or $0.05 from last year’s $0.67 per share. CONE’s profit will be $62.52 million for 19.95 P/E if the $0.72 EPS becomes a reality. After $0.72 actual EPS reported by CyrusOne Inc for the previous quarter, Wall Street now forecasts 0.00% EPS growth.