CyrusOne Inc (CONE) : Curian Capital reduced its stake in CyrusOne Inc by 66.34% during the most recent quarter end. The investment management company now holds a total of 99,611 shares of CyrusOne Inc which is valued at $5,514,465 after selling 196,349 shares in CyrusOne Inc , the firm said in a disclosure report filed with the SEC on Jul 6, 2016.CyrusOne Inc makes up approximately 0.39% of Curian Capital’s portfolio.
Other Hedge Funds, Including , Bnp Paribas Arbitrage Sa boosted its stake in CONE in the latest quarter, The investment management firm added 4,340 additional shares and now holds a total of 17,480 shares of CyrusOne Inc which is valued at $967,693.Pensionfund Sabic reduced its stake in CONE by selling 4,000 shares or 43.48% in the most recent quarter. The Hedge Fund company now holds 5,200 shares of CONE which is valued at $288,808. CyrusOne Inc makes up approx 0.09% of Pensionfund Sabic’s portfolio.Pensionfund Dsm Netherlands reduced its stake in CONE by selling 12,000 shares or 60.61% in the most recent quarter. The Hedge Fund company now holds 7,800 shares of CONE which is valued at $433,212. CyrusOne Inc makes up approx 0.06% of Pensionfund Dsm Netherlands’s portfolio.
CyrusOne Inc closed down -0.4 points or -0.72% at $54.96 with 6,44,417 shares getting traded on Monday. Post opening the session at $55.54, the shares hit an intraday low of $54.75 and an intraday high of $55.645 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
On the company’s financial health, CyrusOne Inc reported $0.61 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on Feb 23, 2016. Analyst had a consensus of $0.57. The company had revenue of $113.30 million for the quarter, compared to analysts expectations of $115.34 million. The company’s revenue was up 30.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.48 EPS.
Many Wall Street Analysts have commented on CyrusOne Inc. CyrusOne Inc was Initiated by Wells Fargo to “Outperform” on Jun 1, 2016. Company shares were Reiterated by RBC Capital Mkts on May 11, 2016 to “Outperform”, Firm has raised the Price Target to $ 56 from a previous price target of $50 .Company shares were Reiterated by Deutsche Bank on May 9, 2016 to “Buy”, Firm has raised the Price Target to $ 55 from a previous price target of $53 .
CyrusOne Inc. (CyrusOne) is an owner operator and developer of enterprise-class carrier-neutral multi-tenant data center properties. The Company’s data centers are purpose-built facilities which have access to a range of telecommunications carriers. It provides mission-critical data center facilities that protect the information technology (IT) infrastructure for its clients. The CyrusOne National IX Platform (the National IX Platform) delivers interconnection across states and between metro-enabled sites within the CyrusOne footprint and beyond. As of July 1 2015 the Company had approximately 900 customers. As of July 1 2015 the Companys property portfolio included 31 data centers across 12 markets in 10 cities in the United States London and Singapore. The Company’s facilities cover approximately 500000 gross square feet of space including over 130000 colocation square feet and around 100000 square feet of work area recovery space.