Deutsche Bank AG Has $17.29 Million Stake in CyrusOne Inc (CONE)

Deutsche Bank AG trimmed its holdings in CyrusOne Inc (NASDAQ:CONE) by 13.1% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 290,479 shares of the real estate investment trust’s stock after selling 43,966 shares during the period. Deutsche Bank AG’s holdings in CyrusOne were worth $17,288,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in CONE. SeaCrest Wealth Management LLC acquired a new stake in shares of CyrusOne in the fourth quarter valued at approximately $127,000. Pitcairn Co. acquired a new stake in shares of CyrusOne in the fourth quarter valued at approximately $203,000. Buckley Wealth Management LLC acquired a new stake in shares of CyrusOne in the fourth quarter valued at approximately $207,000. Cipher Capital LP acquired a new stake in shares of CyrusOne in the third quarter valued at approximately $221,000. Finally, CIBC World Markets Inc. acquired a new stake in shares of CyrusOne in the fourth quarter valued at approximately $248,000. Institutional investors own 99.50% of the company’s stock.

How to Become a New Pot Stock Millionaire

A number of research firms have recently weighed in on CONE. ValuEngine downgraded shares of CyrusOne from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. BidaskClub upgraded shares of CyrusOne from a “sell” rating to a “hold” rating in a research report on Friday, December 29th. Zacks Investment Research downgraded shares of CyrusOne from a “hold” rating to a “sell” rating in a research report on Tuesday, January 9th. Credit Suisse Group set a $73.00 price target on shares of CyrusOne and gave the company a “buy” rating in a research report on Wednesday, January 17th. Finally, Barclays restated a “buy” rating and set a $69.00 price objective on shares of CyrusOne in a research report on Friday, January 19th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and thirteen have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of $66.62.

In other CyrusOne news, insider Kevin L. Timmons sold 11,465 shares of the business’s stock in a transaction on Tuesday, March 6th. The shares were sold at an average price of $49.39, for a total transaction of $566,256.35. Following the sale, the insider now owns 177,843 shares of the company’s stock, valued at $8,783,665.77. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 1.64% of the company’s stock.

CyrusOne Inc (NASDAQ CONE) opened at $49.98 on Monday. CyrusOne Inc has a 1 year low of $43.49 and a 1 year high of $65.73. The company has a market cap of $4,804.38, a P/E ratio of -52.61, a price-to-earnings-growth ratio of 0.90 and a beta of 0.83. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.95 and a current ratio of 0.95.

CyrusOne (NASDAQ:CONE) last announced its quarterly earnings data on Wednesday, February 21st. The real estate investment trust reported $0.03 EPS for the quarter, missing the consensus estimate of $0.81 by ($0.78). CyrusOne had a negative net margin of 12.43% and a negative return on equity of 2.79%. The firm had revenue of $180.50 million for the quarter, compared to analyst estimates of $182.48 million. equities research analysts anticipate that CyrusOne Inc will post 3.24 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, April 13th. Shareholders of record on Thursday, March 29th will be paid a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a dividend yield of 3.68%. The ex-dividend date is Wednesday, March 28th. This is a boost from CyrusOne’s previous quarterly dividend of $0.42. CyrusOne’s payout ratio is presently -176.84%.

COPYRIGHT VIOLATION WARNING: “Deutsche Bank AG Has $17.29 Million Stake in CyrusOne Inc (CONE)” was published by Ticker Report and is the property of of Ticker Report. If you are reading this piece on another site, it was illegally stolen and republished in violation of U.S. and international trademark & copyright laws. The legal version of this piece can be viewed at https://www.tickerreport.com/banking-finance/3301298/deutsche-bank-ag-has-17-29-million-stake-in-cyrusone-inc-cone.html.

About CyrusOne

CyrusOne Inc is a real estate investment trust. The Company is an owner, operator and developer of enterprise-class, carrier-neutral, multi-tenant data center properties. The Company’s data centers are generally purpose-built facilities with redundant power and cooling. The CyrusOne National IX Platform (the National IX Platform) delivers interconnection across states and between metro-enabled sites within its footprint and beyond.

Want to see what other hedge funds are holding CONE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CyrusOne Inc (NASDAQ:CONE).

Institutional Ownership by Quarter for CyrusOne (NASDAQ:CONE)

Receive News & Ratings for CyrusOne Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CyrusOne and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Edgeless  Price Reaches $0.66 on Top Exchanges
Edgeless Price Reaches $0.66 on Top Exchanges
Oyster Pearl  Market Cap Hits $145.74 Million
Oyster Pearl Market Cap Hits $145.74 Million
$0.22 EPS Expected for Career Education Co.  This Quarter
$0.22 EPS Expected for Career Education Co. This Quarter
Taseko Mines  Earning Somewhat Favorable Media Coverage, Study Finds
Taseko Mines Earning Somewhat Favorable Media Coverage, Study Finds
Brokerages Expect TherapeuticsMD Inc  to Post -$0.10 EPS
Brokerages Expect TherapeuticsMD Inc to Post -$0.10 EPS
Target Co.  Expected to Announce Earnings of $1.38 Per Share
Target Co. Expected to Announce Earnings of $1.38 Per Share


© 2006-2018 Ticker Report. Google+.