Automatic Data Processing Inc (NASDAQ:ADP) Sentiment Falls to 0.72, Despite

June 27, 2018 - By Gregory Tomko

Automatic Data Processing, Inc. (NASDAQ:ADP) Corporate Logo

Automatic Data Processing Inc’s Sentiment

In Q1 2018 Automatic Data Processing Inc (NASDAQ:ADP) big money sentiment decreased to 0.72, revealed SEC filings. That’s down -0.08, from 2017Q4’s 0.8. 373 funds increased and opened new equity positions, while 516 sold and decreased stock positions in Automatic Data Processing Inc so the sentiment has worsened. These funds own 339.11 million shares, that’s up from 338.15 million shares in 2017Q4. Funds holding Automatic Data Processing Inc in top 10 changed to 49 from 50 for a decrease of 1. In total 55 funds closed positions, 461 reduced and 285 increased. Also 88 funds bought new Automatic Data Processing Inc stakes.

Biggest Automatic Data Processing Inc Investors

Cincinnati Indemnity Co owns 48,100 shares in Automatic Data Processing Inc as of Q1 2018. Automatic Data Processing Inc’s shareholder Pershing Square Capital Management L.P. owns 7.94 million shares as of Q1 2018. Cedar Rock Capital Ltd reported 3.80 million shares. Hap Trading Llc revealed 1.80 million shares position in Automatic Data Processing Inc. The New York-based fund Sachem Head Capital Management Lp holds 1.95 million shares or 7.38% of their long stock exposure.

Automatic Data Processing, Inc., together with its subsidiaries, provides business process outsourcing services worldwide.The firm is worth $59.51 billion. The firm operates through two divisions, Employer Services and Professional Employer Organization Services.The P/E ratio is 33.82. The Employer Services segment offers various human resources (HR) business process outsourcing and technology-enabled human capital management solutions to clients.

ADP hit $135.09 during the last trading session after $1.54 change.Currently Automatic Data Processing, Inc. is uptrending after 29.15% change in last June 27, 2017. ADP has also 2.06M shares volume. ADP outperformed by 16.58% the S&P 500.

On July, 26 WallStreet expected Automatic Data Processing, Inc. (NASDAQ:ADP)’s earnings release, according to Faxor. Analysts forecast $0.89 earnings per share. That’s $0.24 up or 36.92 % from 2017’s earnings of $0.65. If reported the P/E will be 37.95 with $392.06 million profit. After $1.52 earnings per share was reported last quarter, analysts now see negative EPS growth of -41.45 % for Automatic Data Processing, Inc..

Guardian Capital L P invested in 22,434 shs. Regent Management Lc holds 6,277 shs. Bryn Mawr Trust reported 0.1% of its capital in Automatic Data Processing, Inc. (NASDAQ:ADP). Btim Corp has invested 1.2% of its capital in Automatic Data Processing, Inc. (NASDAQ:ADP). Interest Inc has 0.08% invested in Automatic Data Processing, Inc. (NASDAQ:ADP). Town Country Commercial Bank Trust Dba First Bankers Trust accumulated 5,946 shs. Hamilton Point Invest Advisors Llc holds 37,307 shs. American Trust Inv Advsrs Limited invested in 0.26% or 2,852 shs. Kemper Master Retirement reported 1.25% in Automatic Data Processing, Inc. (NASDAQ:ADP). Great West Life Assurance Can reported 397,374 shs or 0.11% of all its holdings. Franklin Resources invested in 0.06% or 1.01 million shs. D Scott Neal Inc owns 142 shs. Ballentine Ptnrs Ltd Liability Corp accumulated 8,313 shs. Marshall Wace Limited Liability Partnership holds 0.53% or 111,846 shs. Pekin Singer Strauss Asset Mgmt Il stated it has 4,260 shs or 0.09% of all its holdings.

Automatic Data Processing, Inc. had 30 selling transactions and 0 buys since December 31, 2017. This’s net activity of $46.06 million. Sackman Stuart sold $10,875 worth of stock. 69,899 shs were sold by Rodriguez Carlos A, worth $7.85 million. The insider Albinson Brock sold 1,373 shs worth $159,309. On Wednesday, January 31 Weinstein Donald sold $405,250 worth of Automatic Data Processing, Inc. (NASDAQ:ADP). Shares for $1.08M were sold by Eberhard Michael C on Tuesday, June 5. Shares for $928,498 were sold by Flynn Edward B III on Tuesday, January 9.

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

A total of 10 analysts rate Automatic Data Processing (NASDAQ:ADP) as follows: 2 “Buy”, 8 “Hold” and 0 “Sell”. Тherefore 20% are bullish. The firm has $148 highest and $108.0 lowest target. The avg target $134.70 is -0.29% below the last ($135.09) price. (NASDAQ:ADP) has 20 ratings reports on 27 Jun 2018 according to StockzIntelligence. On Thursday, February 1 the firm has “Equal-Weight” rating by Barclays Capital given. On Thursday, January 18 the stock has “Hold” rating by RBC Capital Markets. On Wednesday, June 13 the stock of Automatic Data Processing, Inc. (NASDAQ:ADP) earned “Neutral” rating by Wedbush. On Monday, April 2 the stock of Automatic Data Processing, Inc. (NASDAQ:ADP) has “Buy” rating given by RBC Capital Markets. The company rating was maintained by BMO Capital Markets on Monday, January 22. On Wednesday, April 18 BMO Capital Markets maintained the shares of ADP in report with “Hold” rating. On Wednesday, April 4 Stifel Nicolaus maintained the shares of ADP in report with “Hold” rating. On Wednesday, June 6 Stifel Nicolaus maintained Automatic Data Processing, Inc. (NASDAQ:ADP) rating. Stifel Nicolaus has “Hold” rating and $148 target. On Thursday, May 3 the rating was maintained by BMO Capital Markets with “Market Perform”. On Wednesday, June 13 the firm has “Hold” rating given by Deutsche Bank.

For more Automatic Data Processing, Inc. (NASDAQ:ADP) news announced recently go to:,,, or The titles are as follows: “ADP to Announce Fourth Quarter Fiscal 2018 Financial Results on August 1, 2018” announced on June 22, 2018, “Buy Automatic Data Processing On Any Weakness” on June 15, 2018, “Automatic Data Processing (ADP) Investor Presentation – Slideshow” with a publish date: June 12, 2018, “Reviewing Bill Ackman’s Q1 Trading Activity: Sells Nike and Howard Hughes” and the last “3 Growth Stocks That Could Put Facebook’s Returns to Shame” with publication date: June 19, 2018.

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

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