WINTON GROUP Ltd Makes New $512,000 Investment in CyrusOne Inc. (NASDAQ:CONE)

WINTON GROUP Ltd bought a new stake in CyrusOne Inc. (NASDAQ:CONE) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 7,152 shares of the real estate investment trust’s stock, valued at approximately $512,000.

Several other hedge funds also recently modified their holdings of the company. FDx Advisors Inc. lifted its holdings in shares of CyrusOne by 3.7% in the second quarter. FDx Advisors Inc. now owns 3,835 shares of the real estate investment trust’s stock valued at $274,000 after buying an additional 136 shares during the period. O Shaughnessy Asset Management LLC lifted its position in shares of CyrusOne by 94.0% in the 2nd quarter. O Shaughnessy Asset Management LLC now owns 386 shares of the real estate investment trust’s stock valued at $28,000 after acquiring an additional 187 shares in the last quarter. Capital Square LLC lifted its holdings in shares of CyrusOne by 2.9% in the first quarter. Capital Square LLC now owns 7,101 shares of the real estate investment trust’s stock valued at $493,000 after purchasing an additional 197 shares in the last quarter. Edge Capital Group LLC grew its holdings in shares of CyrusOne by 2.1% during the second quarter. Edge Capital Group LLC now owns 16,740 shares of the real estate investment trust’s stock valued at $1,197,000 after buying an additional 340 shares in the last quarter. Finally, Bbva USA acquired a new position in CyrusOne during the second quarter valued at $27,000.

CONE has been the topic of a number of research analyst reports. Barclays boosted their price objective on shares of CyrusOne from $77.00 to $78.00 and gave the company an “equal weight” rating in a research report on Wednesday, August 25th. Truist lowered CyrusOne from a “buy” rating to a “hold” rating and cut their price objective for the stock from $92.00 to $75.00 in a report on Thursday, July 29th. Deutsche Bank Aktiengesellschaft boosted their target price on CyrusOne from $77.00 to $85.00 and gave the company a “buy” rating in a research note on Friday, June 11th. Cowen lowered CyrusOne from an “outperform” rating to a “market perform” rating and set a $80.00 price target for the company. in a report on Wednesday, June 16th. Finally, Zacks Investment Research raised shares of CyrusOne from a “sell” rating to a “hold” rating in a research report on Monday, August 2nd. Nine investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat, CyrusOne currently has an average rating of “Hold” and a consensus price target of $78.92.

Shares of CyrusOne stock opened at $77.55 on Tuesday. CyrusOne Inc. has a 1 year low of $61.64 and a 1 year high of $82.69. The company’s fifty day simple moving average is $75.40 and its 200-day simple moving average is $72.92. The company has a market cap of $9.62 billion, a price-to-earnings ratio of 1,938.75, a PEG ratio of 0.88 and a beta of 0.42. The company has a current ratio of 2.63, a quick ratio of 2.63 and a debt-to-equity ratio of 1.39.

CyrusOne (NASDAQ:CONE) last posted its quarterly earnings results on Tuesday, July 27th. The real estate investment trust reported $0.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.98 by ($0.92). CyrusOne had a return on equity of 0.05% and a net margin of 0.66%. As a group, research analysts forecast that CyrusOne Inc. will post 4 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 8th. Shareholders of record on Friday, September 24th will be given a $0.52 dividend. The ex-dividend date is Thursday, September 23rd. This represents a $2.08 dividend on an annualized basis and a dividend yield of 2.68%. This is an increase from CyrusOne’s previous quarterly dividend of $0.51. CyrusOne’s dividend payout ratio (DPR) is currently 52.31%.

CyrusOne Profile

CyrusOne, Inc is a real estate investment trust, which specializes in the enterprise-class, carrier-neutral data center properties. The firm provides data center facilities that protect and ensure the continued operation of IT infrastructure. Its data center properties are purpose-built facilities with redundant power, cooling and telecommunications systems and that are not network-specific, enabling customer interconnectivity to a range of telecommunications carriers.

See Also: Outperform Rating

Institutional Ownership by Quarter for CyrusOne (NASDAQ:CONE)

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