CyrusOne Inc (CONE) : Mesirow Financial Investment Management – Equity Management added new position in CyrusOne Inc during the most recent quarter end. The investment management firm now holds 423,625 shares of CyrusOne Inc which is valued at $21,998,846 , the company said in a statement filed on Aug 8, 2016 with the SEC.CyrusOne Inc makes up approximately 1.25% of Mesirow Financial Investment Management – Equity Management’s portfolio.
Other Hedge Funds, Including , Bailard reduced its stake in CONE by selling 4,267 shares or 39.55% in the most recent quarter. The Hedge Fund company now holds 6,523 shares of CONE which is valued at $338,739. CyrusOne Inc makes up approx 0.04% of Bailard’s portfolio. Lebenthal Lisanti Capital Growth added CONE to its portfolio by purchasing 13,450 company shares during the most recent quarter which is valued at $689,851. CyrusOne Inc makes up approx 0.96% of Lebenthal Lisanti Capital Growth’s portfolio.California Public Employees Retirement System boosted its stake in CONE in the latest quarter, The investment management firm added 49,600 additional shares and now holds a total of 205,700 shares of CyrusOne Inc which is valued at $10,747,825. CyrusOne Inc makes up approx 0.02% of California Public Employees Retirement System’s portfolio.Shinko Asset Management Ltd. boosted its stake in CONE in the latest quarter, The investment management firm added 1,308,661 additional shares and now holds a total of 1,380,904 shares of CyrusOne Inc which is valued at $75,328,313. CyrusOne Inc makes up approx 0.51% of Shinko Asset Management Ltd.’s portfolio. James Investment Research Inc added CONE to its portfolio by purchasing 42 company shares during the most recent quarter which is valued at $2,252.
CyrusOne Inc closed down -0.66 points or -1.26% at $51.62 with 7,60,899 shares getting traded on Monday. Post opening the session at $52.28, the shares hit an intraday low of $50.5 and an intraday high of $52.5325 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 $0.67 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. 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 .
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.