BB&T Securities LLC Boosts Stake in Automatic Data Processing (ADP)

BB&T Securities LLC Boosts Stake in Automatic Data Processing (ADP)

The institutional investor held 6.67 million shares of the oil & gas production company at the end of 2017Q2, valued at $144.18 million, up from 5.58 million at the end of the previous reported quarter. Using a broader approach, the stock has been trading 0.90% off of the 200-day moving average. It improved, as 23 investors sold SNPS shares while 144 reduced holdings. The Bradley Foster & Sargent Inc holds 287,360 shares with $914,000 value, up from 169,360 last quarter.

For the most active stocks in the market, it is highly important to check the outstanding shares of the company. (NASDAQ:ADP). The stock saw a move of -0.89% during the latest trading session. About 100,064 shares traded. It has underperformed by 0.87% the S&P500. BidaskClub raised shares of Automatic Data Processing from a "hold" rating to a "buy" rating in a research note on Tuesday, August 1st. Therefore 71% are positive. Analysts expect that Automatic Data Processing will post $3.81 earnings per share for the current fiscal year. The firm has "Market Perform" rating given on Monday, July 31 by BMO Capital Markets.

09/09/2016 - Wedbush began new coverage on Automatic Data Processing, Inc. giving the company a "neutral" rating.

07/11/2016 - Automatic Data Processing, Inc. was upgraded to "outperform" by analysts at Sanford C. Bernstein. Barclays Capital initiated Automatic Data Processing (NASDAQ:ADP) rating on Tuesday, December 20. The firm earned "Neutral" rating on Friday, September 9 by Wedbush. RBC Capital Markets has "Outperform" rating and $64 target. The rating was initiated by Berenberg with "Buy" on Wednesday, July 13. (NYSE:C), 18 have Buy rating, 3 Sell and 15 Hold. The company was downgraded on Friday, July 29 by Robert W. Baird.

Analysts await Automatic Data Processing (NASDAQ:ADP) to report earnings on November, 1. During the same quarter in the prior year, the business earned $0.69 EPS. ADP's profit will be $377.70M for 33.33 P/E if the $0.85 EPS becomes a reality.

Trump Threatens Licenses of 'Disgusting' News Networks
Neither NBC or ABC released a statement following the tweet, but others in government stepped in to comment on the issue. Numerous Democrats criticized Trump and urged Pai to denounce Trump's comments.

Petrol Price in Madhya Pradesh: Chief Minister cuts back 3% Value-Added Tax
Increasing rates of petrol and diesel prices was the reason of consumer inflation in September, with a 5.56 rise in the Index. Madhya Pradesh Shivraj Singh Chouhan said that the state has reduced 3% retail Value-Added Tax on petrol and 5% on diesel.

BJP, Congress face internal strife in Himachal Pradesh
Himachal Chief Minister Virbhadra Singh inaugurates a new block at RKMV College in Shimla , one of several new, recent projects. For Congress, besides the cases against the Chief Minister, the anti-incumbency factor could also create some trouble.

Investors sentiment is 1.1 in 2017 Q2. Its up 0.03, from 1.17 in 2017Q1.

Shares of Automatic Data Processing, Inc. 355.68 million shares or 2.28% more from 347.76 million shares in 2017Q1 were reported. Albert D Mason Inc has invested 2.12% in Automatic Data Processing (NASDAQ:ADP). Prudential Public Ltd Co holds 4.71 million shares or 1.03% of its portfolio. The stock of Automatic Data Processing (NASDAQ:ADP) has "Hold" rating given on Thursday, July 27 by Stifel Nicolaus. Edgemoor Inv Advisors Inc owns 2,918 shares. The legal version of this report can be viewed at Everence holds 8,962 shares. Tyers Asset Management LLC acquired a new position in Automatic Data Processing during the fourth quarter valued at about $1,005,000. Ngam Advsrs Limited Partnership, a Massachusetts-based fund reported 228,145 shares. Beach Investment Management Limited Liability Corporation stated it has 0.23% of its portfolio in Automatic Data Processing (NASDAQ:ADP). Plante Moran Financial Lc accumulated 0.4% or 6,261 shares. Beacon Investment Advisory Services Inc. bought a new stake in shares of Automatic Data Processing during the second quarter worth approximately $427,000.

Since May 24, 2017, it had 0 insider purchases, and 1 insider sale for $4.94 million activity.

More notable recent Automatic Data Processing (NASDAQ:ADP) news were published by: which released: "Pershing Square Letter - Nominees For ADP's Transformation" on September 29, 2017, also with their article: "Automatic Data Processing: Consistent Earner" published on September 25, 2017, published: "Why Automatic Data Processing, Inc. Shares Lost 10.5% in August" with publication date: September 17, 2017. Of all stocks tracked, Automatic Data Processing had the 0th highest net out-flow for the day. 41 funds opened positions while 113 raised stakes. Earnings per share acts as an indicator of a company's profitability and is considered the single most essential variable in determining the share price of a company. Legg Mason, Inc. has 94.33 million shares outstanding, and in the last trade has seen ATR around 0.72. Moreover, Dupont Capital Management has 0.01% invested in Antero Resources Corp (NYSE:AR). In that case, its shares would mark a 1.57% decline from the most recent price. Parkside Fin Bancorporation Tru accumulated 45 shares or 0% of the stock. Its up 9.19% from 136,000 shares previously. Following the sale, the chief executive officer now directly owns 146,494 shares of the company's stock, valued at $16,114,340. First Limited Partnership reported 660,441 shares stake. Fincl Architects Inc holds 0.01% of its portfolio in Synopsys, Inc. Alphamark Advsrs Ltd Company reported 47 shares or 0% of all its holdings. Moreover, Raymond James & Assocs has 0% invested in Antero Resources Corp (NYSE:AR) for 54,443 shares. Synopsys Inc now has $12.73 billion valuation. The stock was sold at an average price of $106.64, for a total transaction of $67,289.84.


  • Tamil Nadu Cabinet Approved 7th Pay Commission, Know Your New Salaries

    Tamil Nadu Cabinet Approved 7th Pay Commission, Know Your New Salaries

    However, the news is not so good for tipplers, as the Tamil Nadu government has chose to increase the price of liquor. With this the long pending local body entertainment tax and GST issue has been solved.
    BASF India up 3.5% after BASF SE signs agreement with Bayer

    BASF India up 3.5% after BASF SE signs agreement with Bayer

    BASF said the businesses to be purchased from Bayer generated sales of €1.3bn in 2016, with earnings before interest, tax, depreciation and amortisation (EBITDA) of around €385m.

    Wall Street Stock Recommendations: ICICI Bank Limited (IBN), ON Semiconductor Corporation (ON)

    The high and low revenue estimates for the current quarter are $11.1 Billion and $11.1 Billion, respectively. Volatility is a statistical measure of the dispersion of returns for a given security or market index.
  • Looking for a place to grieve after Las Vegas mass shooting

    Looking for a place to grieve after Las Vegas mass shooting

    This editorial expresses the majority opinion of The Rider News and was written by the opinion editor, Hayley Fahey . Guns account for more suicide means than all other methods combined and about 85 percent more likely to end in death.
    Ex-Everton star Donovan provides message to USMNT following failure

    Ex-Everton star Donovan provides message to USMNT following failure

    If the US misses out at that point, it might as well give up. "It's not about that". That's from a nation in which soccer is far from the most popular sport.
    New Orleans police officer dies in shootout

    New Orleans police officer dies in shootout

    He is in a local hospital, and will be charged once he is released. "Our worst nightmares have come to be", Landrieu said. A gunman killed a New Orleans police office overnight on Friday morning in eastern New Orleans.
  • Penguin disaster as just two chicks live

    Penguin disaster as just two chicks live

    The mass deaths of the Adélie penguins have forced environmentalists to call for the urgent protection of the Antarctic ecosystem. The proposal originally comprised seven large marine areas off the coast of East Antarctica but was later cut to four.
    Why Masahiro Tanaka is the most important Yankee in the ALCS

    Why Masahiro Tanaka is the most important Yankee in the ALCS

    So, this season marks the first trip to the ALCS for the Astros, and it is also the first trip for two local guys on the roster. But Judge has had a tough time, going just 1 for 20 with 16 strikeouts in the five-game win over Cleveland.
    Bruno Mars leads American Music Awards nominations

    Bruno Mars leads American Music Awards nominations

    Rihanna , Drake , The Weeknd , Kendrick Lamar and Bruno Mars are among this year's nominees for the American Music Awards. Drake, Sheeran and Mars will be competing with The Chainsmokers and Kendrick Lamar in Artist of the Year category.
  • David Boreanaz Series 'SEAL Team' Set for Full Season on CBS

    The series stars David Boreanaz , Max Thieriot , Neil Brown Jr., AJ Buckley, Toni Trucks and Jessica Paré. CBS has given the order to increase the number of " SEAL Team " missions this season.
    Kurds put forces on alert for Iraq attack near Kirkuk

    Kurds put forces on alert for Iraq attack near Kirkuk

    But Baghdad is bitterly opposed to Kurdish ambitions to incorporate the oil-rich province in its autonomous region in the north and has voiced determination to take it back.

    Growth Analysis of Incyte Corporation (INCY)

    BidaskClub upgraded Incyte Corporation from a "hold" rating to a "buy" rating in a research report on Tuesday, June 27th. Gs Investments Inc. purchased a new position in shares of Incyte Corporation in the 2nd quarter worth about $3,777,000.


Latest news

Floods and landslides kill 37, leave 40 missing in Vietnam
The storm could bring more rain and misery to the central and northern regions already soaked by rain and floodwater. Central and northern Vietnam experience several typhoons and tropical storms every year.

Jefferies Group LLC Reiterates "Buy" Rating for Paypoint plc (PAY)
After $0.53 actual earnings per share reported by Hays plc for the previous quarter, Wall Street now forecasts 298.11% EPS growth. It has outperformed by 9.17% the S&P500. $85,014 worth of Qualys Inc (NASDAQ:QLYS) shares were sold by Deeba Amer.

Adrien Silva training with Leicester City ahead of £22 million move
Leicester new boy Adrien Silva has joined in training with the squad for the first time after his summer transfer missed the deadline by 14 seconds.

Cannot Deport Rohingya Refugees Till Next Hearing, Supreme Court Tells Government
The court said the government should not deport the refugees, but did not pass a formal order putting any restrictions. The court also observed that no Rohingya refugees should be deported until the next date of hearing in the case.

Record rise in Carbon dioxide level caused by 2015-16 El Nino
In Africa, hotter-than-normal temperatures led to faster decomposition of dead trees and plants, releasing more carbon into the atmosphere.

President Trump lauds Pakistan's efforts in rescuing US-Canadian family
It was a risky venture for any couple traveling without escort, especially since Coleman was pregnant with their first child. Embassy in Pakistan on Thursday. "We are prepared to bring them back home", the official said.

Honor 6C Pro Smartphone Announced with 3GB RAM & Fingerprint Sensor
The onboard storage is limited to 32GB which can be extended further up to a maximum of 128GB via microSD card slot. Well, guess what, the specs of the device are nearly identical to that of the Honor V9 Play .

Millions die suffering amid global opioid gap, report says
Some 2.5 million children are among the annual count of almost 26 million who die without adequate relief, the team calculated. The study, commissioned by The Lancet , was conducted by the Commission on Global Access to Palliative Care and Pain Relief.

S. Korea, US to hold joint Navy drills
The drill is slated for October 16 and will include the USS Ronald Reagan aircraft carrier as well as South Korean vessels. Other battleships and submarines would be mobilized.

Merino makes Newcastle United move permanent
Merino arrived at St James' Park on loan in July with a view to a full-time switch to England if he made a big impact. Newcastle have completed the signing of midfielder Mikel Merino on a permanent basis for an undisclosed fee.

Arsenal were closer to signing Lemar than Liverpool - Monaco
Vasilyev also revealed that Lemar was keen to make the move to the Premier League. But we realise at a certain moment it's right to let players go.

Kante could miss six games through injury
The Italian's team has slipped to six points behind joint leaders Manchester City and Manchester United, both on 19 points after seven games.

Tottenham's Harry Kane named Premier League Player of the Month for September
But it is expected to pass the high mark of this campaign, in which 73,587 watched the 2-1 league defeat by Chelsea in August. The FC crew discuss Spurs' persisting struggles at Wembley and the differences playing there instead of White Hart Lane.

Oppo F3 Lite Launched Sporting 16 MP Selfie Shooter
The Oppo F3 Lite is a new name for the company's earlier launched A57 that was launched in India, back in January at Rs 14,990. Well, Oppo has started sending media invites for the launch event of a new smartphone in Mumbai on November 2 at 12:00 PM.

SS Rajamouli confirms directing Mahesh Babu!
Five months after the release of Baahubali 2, SS Rajamouli has finally opened up on his forthcoming movies. The director has also confirmed that his next movie will be a social drama, but not a mythological movie.

Other news