UBS Reports CyrusOne – Common Stock (CONE) Downgrade and $62.0000 Target; Idex Has 1.02 Sentiment

CyrusOne Inc. (NASDAQ:CONE) Logo

Idex Corp (IEX) investors sentiment increased to 1.02 in 2019 Q1. It’s up 0.28, from 0.74 in 2018Q4. The ratio increased, as 154 investment professionals opened new or increased equity positions, while 151 decreased and sold their stakes in Idex Corp. The investment professionals in our database now have: 68.79 million shares, down from 73.13 million shares in 2018Q4. Also, the number of investment professionals holding Idex Corp in top ten equity positions was flat from 2 to 2 for the same number . Sold All: 30 Reduced: 121 Increased: 95 New Position: 59.

CyrusOne Inc – Common Stock (NASDAQ:CONE) was cut by UBS from Buy rating to Neutral rating in analysts note revealed to clients and investors on Thursday, 13 June. The firm currently has a $62.0000 target price per share on the stock. UBS’s target price per share gives a potential upside of 3.51% from the stock’s current price.

The stock decreased 1.10% or $1.79 during the last trading session, reaching $160.3. About 326,328 shares traded or 1.23% up from the average. IDEX Corporation (IEX) has risen 11.43% since June 13, 2018 and is uptrending. It has outperformed by 7.00% the S&P500. Some Historical IEX News: 08/05/2018 – REG-IDEX strengthens go to market organisation in preparation for mass commercialisation; 09/05/2018 – REG-Annual general meeting in IDEX held on 9 May 2018; 30/05/2018 – Idex Closes Above 50-Day Moving Average: Technicals; 26/04/2018 – IDEX Fire & Safety Introduces Captium: The First-Ever Connected Vehicle Platform For Fire And EMS; 17/04/2018 – DEEP ECO: Idex May Face Pressure, Machinery Down This Quarter; 12/04/2018 – Idex Presenting at Wells Fargo Industrials Conference May 8; 30/04/2018 – IDEX Corp Sees 2Q, Full-Year Organic Revenue Growth 5%-6%; 25/04/2018 – IDEX BOOSTS QTRLY DIV TO 43C/SHR FROM 37C, EST. 44C; 30/04/2018 – IDEX Corp 1Q Net $99M; 16/05/2018 – REG-IDEX sensors in biometric bank card end user trial in the Middle East

Analysts await IDEX Corporation (NYSE:IEX) to report earnings on July, 23. They expect $1.49 earnings per share, up 6.43% or $0.09 from last year’s $1.4 per share. IEX’s profit will be $112.80M for 26.90 P/E if the $1.49 EPS becomes a reality. After $1.44 actual earnings per share reported by IDEX Corporation for the previous quarter, Wall Street now forecasts 3.47% EPS growth.

More notable recent IDEX Corporation (NYSE:IEX) news were published by: Ft.com which released: “‘Flash Boys’ challenger IEX struggles in quest to transform trading – Financial Times” on June 10, 2019, also Finance.Yahoo.com with their article: “Is Masco Corporation (MAS) A Good Stock To Buy? – Yahoo Finance” published on June 11, 2019, Finance.Yahoo.com published: “Here’s What Hedge Funds Think About Comerica Incorporated (CMA) – Yahoo Finance” on June 10, 2019. More interesting news about IDEX Corporation (NYSE:IEX) were released by: Ft.com and their article: “‘Flash Boys’ exchange IEX backs regulator in data fees fight – Financial Times” published on May 14, 2019 as well as Streetinsider.com‘s news article titled: “Berenberg Starts IDEX Corp (IEX) at Buy – StreetInsider.com” with publication date: May 15, 2019.

Mountain Pacific Investment Advisers Inc Id holds 4.26% of its portfolio in IDEX Corporation for 293,523 shares. Fenimore Asset Management Inc owns 712,749 shares or 3.93% of their US portfolio. Moreover, Snyder Capital Management L P has 3.53% invested in the company for 493,278 shares. The Tennessee-based Southernsun Asset Management Llc has invested 2.61% in the stock. Harvey Investment Co Llc, a Kentucky-based fund reported 93,880 shares.

IDEX Corporation, through its subsidiaries, provides various pumps, flow meters, other fluidics systems and components, and engineered products worldwide. The company has market cap of $12.14 billion. The Company’s Fluid & Metering Technologies segment designs, produces, and distributes positive displacement pumps, flow meters, injectors, other fluid-handling pump modules and systems, and specialty valve products, as well as offers flow monitoring and other services for food, chemical, general industrial, water and wastewater, agricultural, and energy industries. It has a 29.36 P/E ratio. The companyÂ’s Health & Science Technologies segment designs, produces, and distributes precision fluidics, rotary lobe pumps, centrifugal and positive displacement pumps, roll compaction, and drying systems for use in beverage, food processing, pharmaceutical, and cosmetics; pneumatic components and sealing solutions, such as pumping solutions for analytical instrumentation, clinical diagnostics, and drug discovery; biocompatible medical devices and implantables; and air compressors for medical, dental, and industrial applications.

More notable recent CyrusOne Inc. (NASDAQ:CONE) news were published by: Finance.Yahoo.com which released: “Should CyrusOne Inc. (NASDAQ:CONE) Be Part Of Your Dividend Portfolio? – Yahoo Finance” on May 17, 2019, also Benzinga.com with their article: “30 Stocks Moving In Thursday’s Pre-Market Session – Benzinga” published on June 13, 2019, Nasdaq.com published: “Are You Looking for a Top Momentum Pick? Why CyrusOne (CONE) is a Great Choice – Nasdaq” on May 24, 2019. More interesting news about CyrusOne Inc. (NASDAQ:CONE) were released by: Nasdaq.com and their article: “Interpublic Group Announces CFO Transition – Nasdaq” published on June 11, 2019 as well as Nasdaq.com‘s news article titled: “IPG Named to S&P 500 ESG and S&P Global 1200 ESG – Nasdaq” with publication date: June 10, 2019.

Analysts await CyrusOne Inc. (NASDAQ:CONE) to report earnings on August, 7. They expect $0.81 EPS, 0.00% or $0.00 from last year’s $0.81 per share. CONE’s profit will be $91.64 million for 18.49 P/E if the $0.81 EPS becomes a reality. After $0.82 actual EPS reported by CyrusOne Inc. for the previous quarter, Wall Street now forecasts -1.22% negative EPS growth.

Since February 27, 2019, it had 2 insider purchases, and 0 insider sales for $299,337 activity. On Monday, March 11 KLAYKO MICHAEL bought $99,901 worth of CyrusOne Inc. (NASDAQ:CONE) or 1,955 shares. 4,000 shares were bought by Wojtaszek Gary J, worth $199,436 on Wednesday, February 27.

Investors sentiment decreased to 1.37 in 2019 Q1. Its down 0.06, from 1.43 in 2018Q4. It worsened, as 28 investors sold CyrusOne Inc. shares while 88 reduced holdings. 54 funds opened positions while 105 raised stakes. 108.11 million shares or 1.56% less from 109.82 million shares in 2018Q4 were reported. Commonwealth Of Pennsylvania Public School Empls Retrmt Sys holds 0.02% of its portfolio in CyrusOne Inc. (NASDAQ:CONE) for 19,072 shares. Bb&T Corp invested in 4,432 shares or 0% of the stock. Opus Capital Grp Incorporated Lc owns 17,727 shares. Winfield Assoc reported 31,498 shares. Sageworth Tru Company reported 494 shares stake. Credit Suisse Ag stated it has 222,015 shares or 0.01% of all its holdings. Nordea Mgmt Ab invested in 0.02% or 203,652 shares. Westwood Holdg invested 0.01% of its portfolio in CyrusOne Inc. (NASDAQ:CONE). Investment Counselors Of Maryland Llc reported 2,578 shares. 7,226 are owned by Cipher Capital Limited Partnership. Vaughan Nelson Inv Management L P has invested 0.2% of its portfolio in CyrusOne Inc. (NASDAQ:CONE). Ameritas Invest Ptnrs stated it has 0.1% in CyrusOne Inc. (NASDAQ:CONE). Reaves W H And Com Inc reported 215,825 shares. Aperio Group Limited Com reported 0.01% in CyrusOne Inc. (NASDAQ:CONE). D L Carlson Gp reported 58,569 shares.

Among 8 analysts covering CyrusOne (NASDAQ:CONE), 5 have Buy rating, 0 Sell and 3 Hold. Therefore 63% are positive. CyrusOne has $70 highest and $52 lowest target. $60.63’s average target is 1.22% above currents $59.9 stock price. CyrusOne had 12 analyst reports since January 2, 2019 according to SRatingsIntel. Deutsche Bank initiated CyrusOne Inc. (NASDAQ:CONE) on Friday, March 8 with “Hold” rating. The stock of CyrusOne Inc. (NASDAQ:CONE) has “Buy” rating given on Thursday, February 21 by SunTrust. Credit Suisse downgraded the shares of CONE in report on Monday, February 25 to “Neutral” rating. Jefferies downgraded the shares of CONE in report on Friday, February 22 to “Hold” rating. Bank of America downgraded the shares of CONE in report on Wednesday, January 2 to “Neutral” rating. MUFG Securities Americas Inc maintained CyrusOne Inc. (NASDAQ:CONE) on Thursday, February 21 with “Buy” rating. As per Tuesday, March 19, the company rating was maintained by RBC Capital Markets. Stifel Nicolaus maintained the stock with “Buy” rating in Friday, February 22 report. The rating was maintained by BMO Capital Markets on Wednesday, February 20 with “Buy”.

CyrusOne Inc., a real estate investment trust , owns, operates, and develops enterprise-class, carrier-neutral, and multi-tenant data center properties. The company has market cap of $6.78 billion. The firm provides mission-critical data center facilities that protect and ensure the continued operation of information technology infrastructure. It has a 135.21 P/E ratio. The Company’s clients operate in various industries, including information technology, financial services, energy, gas and oil, mining, medical, and consumer goods and services.

CyrusOne Inc. (NASDAQ:CONE) Institutional Positions Chart

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