CyrusOne Inc (CONE) : Cornerstone Real Estate Advisers scooped up 212,250 additional shares in CyrusOne Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 11, 2016. The investment management firm now holds a total of 283,326 shares of CyrusOne Inc which is valued at $14,812,283.CyrusOne Inc makes up approximately 4.86% of Cornerstone Real Estate Advisers’s portfolio.
Other Hedge Funds, Including , Ancora Advisors reduced its stake in CONE by selling 11,481 shares or 32.6% in the most recent quarter. The Hedge Fund company now holds 23,741 shares of CONE which is valued at $1,241,179. CyrusOne Inc makes up approx 0.14% of Ancora Advisors’s portfolio.Tower Research Capital (trc) boosted its stake in CONE in the latest quarter, The investment management firm added 1,334 additional shares and now holds a total of 1,505 shares of CyrusOne Inc which is valued at $78,681. CyrusOne Inc makes up approx 0.01% of Tower Research Capital (trc)’s portfolio.First Trust Advisors Lp boosted its stake in CONE in the latest quarter, The investment management firm added 47,918 additional shares and now holds a total of 72,303 shares of CyrusOne Inc which is valued at $3,708,421. CyrusOne Inc makes up approx 0.01% of First Trust Advisors Lp’s portfolio.Riggs Asset Managment boosted its stake in CONE in the latest quarter, The investment management firm added 1,685 additional shares and now holds a total of 137,928 shares of CyrusOne Inc which is valued at $7,561,213. CyrusOne Inc makes up approx 3.86% of Riggs Asset Managment’s portfolio.Nisa Investment Advisors boosted its stake in CONE in the latest quarter, The investment management firm added 4,400 additional shares and now holds a total of 5,000 shares of CyrusOne Inc which is valued at $268,100.
CyrusOne Inc closed down -0.18 points or -0.35% at $50.8 with 7,93,478 shares getting traded on Tuesday. Post opening the session at $51.29, the shares hit an intraday low of $50.32 and an intraday high of $51.375 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.
On the company’s financial health, CyrusOne Inc reported $0.67 EPS for the quarter, beating the analyst consensus estimate by $ 0.08 according to the earnings call on Aug 1, 2016. Analyst had a consensus of $0.59. The company had revenue of $130.10 million for the quarter, compared to analysts expectations of $125.63 million. The company’s revenue was up 46.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.51 EPS.
Many Wall Street Analysts have commented on CyrusOne Inc. Company shares were Upgraded by Barclays on Aug 18, 2016 to ” Overweight”, Firm has raised the Price Target to $ 57 from a previous price target of $50 .CyrusOne Inc was Initiated by Wells Fargo to “Outperform” on Jun 1, 2016.
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.