Weekly Automatic Data Processing, Inc. (NASDAQ:ADP) Ratings as of May 16, 2018

May 16, 2018 - By Joseph Norton

Automatic Data Processing, Inc. (NASDAQ:ADP) Corporate Logo
During Q4 2017 the big money sentiment increased to 0.8. That’s change of 0.12, from 2017Q3’s 0.68. 50 investors sold all, 442 reduced holdings as Automatic Data Processing, Inc. ratio increased. 282 rose positions while 113 funds amassed positions. Funds hold 338.15 million shares thus 1.20% less from 2017Q3’s 342.26 million shares.
Mitchell Mcleod Pugh & Williams stated it has 9,534 shs. The Texas-based Dimensional Fund Advsr Limited Partnership has invested 0.05% in Automatic Data Processing, Inc. (NASDAQ:ADP). Zeke Capital Limited Liability Corp accumulated 6,078 shs or 0.07% of the stock. Swift Run Cap Mgmt Limited Company holds 0.36% in Automatic Data Processing, Inc. (NASDAQ:ADP) or 5,036 shs. Choate Inv Advisors owns 0.24% invested in Automatic Data Processing, Inc. (NASDAQ:ADP) for 39,399 shs. Oppenheimer Asset Mngmt Inc accumulated 10,057 shs or 0.03% of the stock. Harvey Ltd Liability stated it has 6,613 shs. First Allied Advisory Services Inc accumulated 0.18% or 39,195 shs. Kelly Lawrence W & Associate Incorporated Ca owns 2,710 shs. Chickasaw Mgmt Ltd Company accumulated 4,200 shs. Cincinnati Specialty Underwriters Insur stated it has 47,000 shs or 4.61% of all its holdings. Fiera Cap Corporation invested in 0% or 2,887 shs. Ally Financial holds 15,000 shs. Fort Washington Advsr Oh, Ohio-based fund reported 51,359 shs. Woodley Farra Manion Management holds 274,316 shs.

Automatic Data Processing, Inc. registered $43.50 million net activity with 0 insider purchases and 27 selling transactions since December 31, 2017. 3,242 shs were sold by Weinstein Donald, worth $405,250 on Wednesday, January 31. On Monday, January 22 Shares for $864,837 were sold by Ayala John. On Tuesday, January 9 $928,498 worth of stock was sold by Flynn Edward B III. On Tuesday, January 2 the insider Bonarti Michael A sold $452,517. The insider Dyson Deborah L sold 1,592 shs worth $184,720. On Monday, January 1 O’Brien Dermot J sold $2.91M worth of Automatic Data Processing, Inc. (NASDAQ:ADP).

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

Total analysts of 10 have positions in Automatic Data Processing (NASDAQ:ADP) as follows: 3 rated it a “Buy”, 0 with “Sell” and 7 with “Hold”. The positive are 30%. Since December 5, 2017 according to StockzIntelligence Inc Automatic Data Processing has 18 analyst reports. On Tuesday, April 17 Bank of America maintained the shares of ADP in report with “Buy” rating. On Wednesday, January 31 the firm has “Hold” rating given by BMO Capital Markets. In Thursday, May 3 report BMO Capital Markets maintained it with “Market Perform” rating and $126 target. On Monday, April 2 the stock has “Buy” rating by RBC Capital Markets. On Friday, May 4 the stock of Automatic Data Processing, Inc. (NASDAQ:ADP) earned “Buy” rating by Bank of America. On Friday, January 12 the company was maintained by Citigroup. On Thursday, February 1 the stock of Automatic Data Processing, Inc. (NASDAQ:ADP) has “Equal-Weight” rating given by Barclays Capital. On Wednesday, April 4 Stifel Nicolaus maintained the shares of ADP in report with “Hold” rating. On Wednesday, April 18 the firm has “Hold” rating by BMO Capital Markets given. The company rating was maintained by Stifel Nicolaus on Wednesday, January 31. 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, touching $127.45.Currently Automatic Data Processing, Inc. is uptrending after 9.09% change in last May 16, 2017. ADP has 341,156 shares volume. ADP underperformed the S&P500 by 2.46%.

Automatic Data Processing, Inc., together with its subsidiaries, provides business process outsourcing services worldwide.The firm is worth $56.15 billion. The firm operates through two divisions, Employer Services and Professional Employer Organization Services.The P/E ratio is 32.93. 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 published briefly go to: Prnewswire.com, Streetinsider.com, Benzinga.com, Nasdaq.com or Nasdaq.com. The titles are as follows: “ADP Ranks in Top 10 of Working Mother’s 2018 Best Companies for Multicultural Women” published on May 08, 2018, “Sachem Head, DE Shaw bought ADP stock in first quarter” on May 15, 2018, “ADP Vs. Paychex: Bank Of America Picks A Winner” with a publish date: April 17, 2018, “ADP Reports Third Quarter Fiscal 2018 Results” and the last “Recent Analysis Shows Shutterfly, Gulfport Energy, Automatic Data Processing, Group 1 Automotive, Red Robin …” with publication date: May 16, 2018.

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

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