Analysts See $0.89 EPS for Automatic Data Processing, Inc. (ADP); Chilton Capital Management Has Cut Its Apple (AAPL) Stake

January 14, 2018 - By whatsonthorold

Analysts expect Automatic Data Processing, Inc. (NASDAQ:ADP) to report $0.89 EPS on February, 7.They anticipate $0.02 EPS change or 2.30% from last quarter’s $0.87 EPS. ADP’s profit would be $394.70 million giving it 33.28 P/E if the $0.89 EPS is correct. After having $0.91 EPS previously, Automatic Data Processing, Inc.’s analysts see -2.20% EPS growth. The stock increased 1.10% or $1.29 during the last trading session, reaching $118.47. About 1.64 million shares traded. Automatic Data Processing, Inc. (NASDAQ:ADP) has risen 15.83% since January 14, 2017 and is uptrending. It has underperformed by 0.87% the S&P500.

Chilton Capital Management Llc decreased Apple Inc (AAPL) stake by 2.27% reported in 2017Q3 SEC filing. Chilton Capital Management Llc sold 3,174 shares as Apple Inc (AAPL)’s stock rose 12.78%. The Chilton Capital Management Llc holds 136,654 shares with $21.06M value, down from 139,828 last quarter. Apple Inc now has $900.87B valuation. The stock increased 1.03% or $1.81 during the last trading session, reaching $177.09. About 25.42 million shares traded. Apple Inc. (NASDAQ:AAPL) has risen 62.48% since January 14, 2017 and is uptrending. It has outperformed by 45.78% the S&P500.

Investors sentiment decreased to 0.68 in Q3 2017. Its down 0.09, from 0.77 in 2017Q2. It is negative, as 60 investors sold Automatic Data Processing, Inc. shares while 457 reduced holdings. 109 funds opened positions while 241 raised stakes. 342.26 million shares or 3.77% less from 355.68 million shares in 2017Q2 were reported. Lyons Wealth Management Ltd has 7,284 shares for 1.19% of their portfolio. 38,681 are owned by Blue Chip Partners Inc. Jpmorgan Chase stated it has 0.06% in Automatic Data Processing, Inc. (NASDAQ:ADP). Essex Services Inc stated it has 0.52% of its portfolio in Automatic Data Processing, Inc. (NASDAQ:ADP). Raymond James Associates reported 457,838 shares. Boston Advisors Lc holds 15,168 shares. Jefferies Grp Ltd Llc holds 0.14% or 189,322 shares. Cincinnati invested in 295,300 shares or 0.96% of the stock. Cornerstone Cap Holdg Ltd Liability Corp holds 76,285 shares. Burke Herbert Comml Bank Tru Comm accumulated 4,542 shares or 0.45% of the stock. Cincinnati Specialty Underwriters Insurance invested in 47,000 shares. Connors Investor Svcs Inc invested in 0.54% or 32,681 shares. Athena Capital Advisors Ltd Liability Company, a Massachusetts-based fund reported 2,400 shares. Parsec Management holds 0.2% of its portfolio in Automatic Data Processing, Inc. (NASDAQ:ADP) for 24,691 shares. Laffer Invs accumulated 0.59% or 20,585 shares.

Automatic Data Processing, Inc., together with its subsidiaries, provides business process outsourcing services worldwide. The company has market cap of $52.54 billion. The firm operates through two divisions, Employer Services and Professional Employer Organization Services. It has a 30.05 P/E ratio. The Employer Services segment offers various human resources (HR) business process outsourcing and technology-enabled human capital management solutions to clients.

Among 19 analysts covering Automatic Data (NASDAQ:ADP), 5 have Buy rating, 2 Sell and 12 Hold. Therefore 26% are positive. Automatic Data had 49 analyst reports since August 3, 2015 according to SRatingsIntel. The firm has “Underperform” rating by Evercore given on Friday, June 2. On Tuesday, June 20 the stock rating was downgraded by Goldman Sachs to “Neutral”. On Tuesday, July 18 the stock rating was downgraded by Barclays Capital to “Equal-Weight”. Argus Research maintained the shares of ADP in report on Tuesday, May 3 with “Buy” rating. Topeka Capital Markets maintained the stock with “Sell” rating in Thursday, October 29 report. Robert W. Baird downgraded Automatic Data Processing, Inc. (NASDAQ:ADP) rating on Friday, July 29. Robert W. Baird has “Neutral” rating and $94 target. The stock of Automatic Data Processing, Inc. (NASDAQ:ADP) earned “Buy” rating by Bank of America on Tuesday, December 5. Stifel Nicolaus maintained Automatic Data Processing, Inc. (NASDAQ:ADP) on Monday, January 30 with “Hold” rating. The stock of Automatic Data Processing, Inc. (NASDAQ:ADP) earned “Hold” rating by RBC Capital Markets on Monday, November 6. Stifel Nicolaus maintained Automatic Data Processing, Inc. (NASDAQ:ADP) rating on Thursday, November 2. Stifel Nicolaus has “Hold” rating and $113.0 target.

Since September 1, 2017, it had 0 insider purchases, and 19 insider sales for $30.33 million activity. Dyson Deborah L also sold $184,720 worth of Automatic Data Processing, Inc. (NASDAQ:ADP) shares. $755,123 worth of stock was sold by Ayala John on Tuesday, January 2. On Tuesday, January 2 the insider Albinson Brock sold $159,309. JONES JOHN P III had sold 5,688 shares worth $659,979 on Tuesday, January 2. The insider Politi Douglas W sold $2.42 million. Flynn Edward B III also sold $2.34 million worth of Automatic Data Processing, Inc. (NASDAQ:ADP) on Sunday, December 31. The insider Perrotti Thomas J sold $318,688.

Since August 7, 2017, it had 0 insider purchases, and 12 sales for $93.68 million activity. Srouji Johny also sold $948,612 worth of Apple Inc. (NASDAQ:AAPL) on Monday, August 28. Riccio Daniel J. also sold $2.42M worth of Apple Inc. (NASDAQ:AAPL) shares. The insider SCHILLER PHILIP W sold $8.79 million. Shares for $43.15M were sold by COOK TIMOTHY D on Thursday, August 24. Shares for $5.00 million were sold by SEWELL D BRUCE on Monday, August 7. The insider AHRENDTS ANGELA J sold 63,388 shares worth $9.78 million. $9.98M worth of stock was sold by FEDERIGHI CRAIG on Monday, August 7.

Among 52 analysts covering Apple Inc. (NASDAQ:AAPL), 40 have Buy rating, 1 Sell and 11 Hold. Therefore 77% are positive. Apple Inc. had 344 analyst reports since July 21, 2015 according to SRatingsIntel. BMO Capital Markets maintained the stock with “Outperform” rating in Wednesday, July 27 report. The stock has “Buy” rating by Susquehanna on Thursday, October 22. The firm has “Overweight” rating given on Wednesday, October 28 by Pacific Crest. The firm has “Long-Term Buy” rating by Hilliard Lyons given on Thursday, October 27. Nomura maintained the shares of AAPL in report on Friday, March 24 with “Buy” rating. On Friday, February 12 the stock rating was maintained by FBR Capital with “Outperform”. The firm has “Outperform” rating by RBC Capital Markets given on Thursday, September 22. Macquarie Research maintained Apple Inc. (NASDAQ:AAPL) rating on Monday, June 12. Macquarie Research has “Buy” rating and $17000 target. BMO Capital Markets maintained it with “Buy” rating and $17000 target in Monday, July 24 report. As per Monday, October 23, the company rating was maintained by UBS.

Analysts await Apple Inc. (NASDAQ:AAPL) to report earnings on January, 30. They expect $3.75 EPS, up 11.61% or $0.39 from last year’s $3.36 per share. AAPL’s profit will be $19.08B for 11.81 P/E if the $3.75 EPS becomes a reality. After $2.07 actual EPS reported by Apple Inc. for the previous quarter, Wall Street now forecasts 81.16% EPS growth.

Investors sentiment increased to 0.7 in Q3 2017. Its up 0.02, from 0.68 in 2017Q2. It increased, as 52 investors sold AAPL shares while 1034 reduced holdings. 116 funds opened positions while 640 raised stakes. 2.97 billion shares or 2.78% less from 3.06 billion shares in 2017Q2 were reported. 139,965 are owned by Janney Capital Mgmt Llc. Roosevelt Investment Grp Inc has invested 3.39% in Apple Inc. (NASDAQ:AAPL). Banque Pictet And Cie Sa owns 3.08% invested in Apple Inc. (NASDAQ:AAPL) for 883,505 shares. Saratoga Rech Inv owns 1,072 shares for 0.1% of their portfolio. Carderock Cap Management Inc stated it has 3.51% in Apple Inc. (NASDAQ:AAPL). New York-based Cannell Peter B Inc has invested 2.36% in Apple Inc. (NASDAQ:AAPL). Fragasso Group Inc accumulated 16,738 shares or 0.72% of the stock. 2,148 were accumulated by Wallace Cap Management Inc. Beck Mack And Oliver has invested 0.35% of its portfolio in Apple Inc. (NASDAQ:AAPL). Ls Advsrs Ltd Com holds 2.53% or 275,212 shares. Moreover, Rockshelter Cap Mngmt Lc has 3.08% invested in Apple Inc. (NASDAQ:AAPL). Moreover, Wagner Bowman Management has 0.89% invested in Apple Inc. (NASDAQ:AAPL) for 20,689 shares. First Eagle Limited Company invested in 9,506 shares. Zurcher Kantonalbank (Zurich Cantonalbank) holds 2.67% or 1.86M shares in its portfolio. Sii Investments Wi holds 0.85% of its portfolio in Apple Inc. (NASDAQ:AAPL) for 97,173 shares.

Chilton Capital Management Llc increased Macerich Co (NYSE:MAC) stake by 52,768 shares to 182,608 valued at $10.04 million in 2017Q3. It also upped Extra Space Storage Inc (NYSE:EXR) stake by 25,715 shares and now owns 126,478 shares. Citigroup Inc (NYSE:C) was raised too.

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