Summary of Automatic Data Processing, Inc. (NASDAQ:ADP) Ratings

May 16, 2018 - By Joseph Taylor

Automatic Data Processing, Inc. (NASDAQ:ADP) Corporate Logo
Big Money Sentiment increased to 0.8 in Q4 2017. It has change of 0.12, from 2017Q3’s 0.68. The ratio increased due to Automatic Data Processing, Inc. positioning: 50 sold and 442 reduced. 113 funds acquired positions and 282 increased positions. Investors holded 342.26 million in 2017Q3 but now own 338.15 million shares or 1.20% less.
M&T Bancorporation Corp, a New York-based fund reported 516,909 shs. Edge Wealth Mngmt Llc owns 350 shs for 0.01% of their capital. Hikari Tsushin Incorporated reported 0.32% stake. Amica Pension Fund Board Of Trustees accumulated 17,342 shs. Bailard has invested 0.04% in Automatic Data Processing, Inc. (NASDAQ:ADP). Mitchell Sinkler And Starr Pa reported 8,722 shs. 26,656 were reported by Tower Bridge Advsrs. Quantbot Technologies Limited Partnership holds 0.1% of its capital in Automatic Data Processing, Inc. (NASDAQ:ADP) for 9,320 shs. Moreover, Intact Invest Mngmt has 0.09% invested in Automatic Data Processing, Inc. (NASDAQ:ADP). Point72 Asset Management Ltd Partnership invested in 0.04% or 86,600 shs. Swiss Bank holds 1.96 million shs. Checchi Capital Advisers Limited Liability Company holds 0.12% of its capital in Automatic Data Processing, Inc. (NASDAQ:ADP) for 7,513 shs. Brighton Jones Ltd Company holds 0.05% or 3,408 shs. Cibc World Markets Inc holds 0% in Automatic Data Processing, Inc. (NASDAQ:ADP) or 7,724 shs. Wealthfront accumulated 12,837 shs or 0.02% of the stock.

Automatic Data Processing, Inc. registered $43.50 million net activity with 0 buys and 27 selling transactions since December 31, 2017. Shares for $263,968 were sold by Weinstein Donald on Tuesday, January 2. $452,517 worth of Automatic Data Processing, Inc. (NASDAQ:ADP) was sold by Bonarti Michael A. $28,953 worth of Automatic Data Processing, Inc. (NASDAQ:ADP) shs were sold by Sackman Stuart. 5,688 shs were sold by JONES JOHN P III, worth $659,979. On Tuesday, January 2 $259,156 worth of stock was sold by Black Maria. Another trade for 1,592 shs valued at $184,720 was made by Dyson Deborah L on Tuesday, January 2.

Automatic Data Processing, Inc. (NASDAQ:ADP) Ratings Coverage

In total 10 analysts cover Automatic Data Processing (NASDAQ:ADP). “Buy” rating has 3, “Sell” are 0, while 7 are “Hold”. (NASDAQ:ADP) has 30% bullish analysts. 18 are the (NASDAQ:ADP)’s ratings reports on May 16, 2018 according to StockzIntelligence Inc. On Wednesday, January 31 the stock has “Hold” rating by Robert W. Baird. On Wednesday, April 4 the firm earned “Hold” rating by Stifel Nicolaus. On Tuesday, December 5 Bank of America upgraded the shares of ADP in report to “Buy” rating. The stock rating was maintained by BMO Capital Markets with “Hold” on Wednesday, April 18. On Thursday, February 1 the stock has “Equal-Weight” rating by Barclays Capital. On Wednesday, January 31 the rating was maintained by BMO Capital Markets with “Hold”. In Monday, January 22 report BMO Capital Markets maintained it with “Hold” rating and $122.0 target. On Friday, January 12 the rating was maintained by Citigroup with “Hold”. On Friday, May 4 the company was maintained by Bank of America. On Thursday, January 18 the stock of Automatic Data Processing, Inc. (NASDAQ:ADP) has “Hold” rating given by RBC Capital Markets. Listed here are Automatic Data Processing, Inc. (NASDAQ:ADP) PTs and latest ratings.

04/05/2018 Broker: Bank of America Old Rating: Buy New Rating: Buy Old Target: $138 New Target: $140 Maintain
03/05/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $114 New Target: $122 Maintain
03/05/2018 Broker: BMO Capital Markets Old Rating: Market Perform New Rating: Market Perform Old Target: $118 New Target: $126 Maintain
18/04/2018 Broker: BMO Capital Markets Rating: Hold New Target: $118.0000 Maintain
17/04/2018 Broker: Bank of America Rating: Buy New Target: $138.0000 Maintain
04/04/2018 Broker: Stifel Nicolaus Old Rating: Hold New Rating: Hold Old Target: $133 New Target: $126 Maintain
02/04/2018 Broker: RBC Capital Markets Rating: Buy New Target: $130.0000 Upgrade
01/02/2018 Broker: RBC Capital Markets Rating: Hold New Target: $119.0 Maintain
31/01/2018 Broker: Robert W. Baird Rating: Hold New Target: $128.0 Maintain
01/02/2018 Broker: Barclays Capital Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $121 New Target: $128 Maintain

The stock increased 0.30% or $0.38 during the last trading session, reaching $127.45.Automatic Data Processing, Inc. has volume of 341,156 shares. Since May 16, 2017 ADP has risen 9.09% and is uptrending. ADP underperformed the S&P 500 by 2.46%.

Automatic Data Processing, Inc., together with its subsidiaries, provides business process outsourcing services worldwide.The firm is valued at $56.15 billion. The firm operates through two divisions, Employer Services and Professional Employer Organization Services.32.93 is the P/E ratio. The Employer Services segment offers various human resources (HR) business process outsourcing and technology-enabled human capital management solutions to clients.

For more Automatic Data Processing, Inc. (NASDAQ:ADP) news posted recently go to: Prnewswire.com, Nasdaq.com, Prnewswire.com, Nasdaq.com or Streetinsider.com. The titles are as follows: “The Future of Pay is Here! New ADP Innovation Helps Employers Tailor Payments to the Preferences of All Employees” posted on May 14, 2018, “ADP Reports Third Quarter Fiscal 2018 Results” on May 02, 2018, “ADP Ranks in Top 10 of Working Mother’s 2018 Best Companies for Multicultural Women” with a publish date: May 08, 2018, “Recent Analysis Shows Shutterfly, Gulfport Energy, Automatic Data Processing, Group 1 Automotive, Red Robin …” and the last “Sachem Head Capital Enters ADP (ADP), PagSeguro Digita (PAGS), WorldPay (WP) (more…) – 13F” with publication date: May 15, 2018.

Automatic Data Processing, Inc. (NASDAQ:ADP) Institutional Investors Chart

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