As Automatic Data Processing In (ADP) Stock Price Declined, Heathbridge Capital Management LTD Has Lowered Holding by $1.37 Million; Wynn Resorts LTD (WYNN) Position Has Raised by Nwi Management Lp

May 24, 2018 - By Kurt Siggers

Wynn Resorts, Limited (NASDAQ:WYNN) Logo

Heathbridge Capital Management Ltd decreased its stake in Automatic Data Processing In (ADP) by 4.34% based on its latest 2017Q4 regulatory filing with the SEC. Heathbridge Capital Management Ltd sold 11,700 shares as the company’s stock declined 3.95% with the market. The institutional investor held 258,150 shares of the technology company at the end of 2017Q4, valued at $30.25M, down from 269,850 at the end of the previous reported quarter. Heathbridge Capital Management Ltd who had been investing in Automatic Data Processing In for a number of months, seems to be less bullish one the $57.08 billion market cap company. The stock increased 0.17% or $0.215 during the last trading session, reaching $129.575. About 404,195 shares traded. Automatic Data Processing, Inc. (NASDAQ:ADP) has risen 9.09% since May 24, 2017 and is uptrending. It has underperformed by 2.46% the S&P500.

Nwi Management Lp increased its stake in Wynn Resorts Ltd (WYNN) by 33.33% based on its latest 2017Q4 regulatory filing with the SEC. Nwi Management Lp bought 30,000 shares as the company’s stock rose 5.95% while stock markets declined. The hedge fund held 120,000 shares of the consumer services company at the end of 2017Q4, valued at $20.23M, up from 90,000 at the end of the previous reported quarter. Nwi Management Lp who had been investing in Wynn Resorts Ltd for a number of months, seems to be bullish on the $21.13 billion market cap company. The stock decreased 0.02% or $0.04 during the last trading session, reaching $194.57. About 347,001 shares traded. Wynn Resorts, Limited (NASDAQ:WYNN) has risen 55.02% since May 24, 2017 and is uptrending. It has outperformed by 43.47% the S&P500.

Heathbridge Capital Management Ltd, which manages about $513.95 million US Long portfolio, upped its stake in Thomson Reuters Corp (NYSE:TRI) by 12,200 shares to 618,050 shares, valued at $26.94M in 2017Q4, according to the filing. It also increased its holding in Transcanada Corp (NYSE:TRP) by 32,200 shares in the quarter, for a total of 595,450 shares, and has risen its stake in Hudbay Minerals Inc (NYSE:HBM).

Since December 31, 2017, it had 0 insider buys, and 27 sales for $43.50 million activity. 66 Automatic Data Processing, Inc. (NASDAQ:ADP) shares with value of $7,980 were sold by Perrotti Thomas J. Shares for $3.53M were sold by Bonarti Michael A. 3,242 shares were sold by Weinstein Donald, worth $405,250 on Wednesday, January 31. $755,123 worth of Automatic Data Processing, Inc. (NASDAQ:ADP) was sold by Ayala John on Tuesday, January 2. Another trade for 592 shares valued at $72,129 was made by Black Maria on Tuesday, January 23. JONES JOHN P III sold 5,688 shares worth $659,979.

Analysts await Automatic Data Processing, Inc. (NASDAQ:ADP) to report earnings on July, 26. They expect $0.89 EPS, up 36.92% or $0.24 from last year’s $0.65 per share. ADP’s profit will be $392.07 million for 36.40 P/E if the $0.89 EPS becomes a reality. After $1.52 actual EPS reported by Automatic Data Processing, Inc. for the previous quarter, Wall Street now forecasts -41.45% negative EPS growth.

Investors sentiment increased to 0.8 in Q4 2017. Its up 0.12, from 0.68 in 2017Q3. It is positive, as 50 investors sold ADP shares while 442 reduced holdings. 113 funds opened positions while 282 raised stakes. 338.15 million shares or 1.20% less from 342.26 million shares in 2017Q3 were reported. Teacher Retirement Systems Of Texas accumulated 175,429 shares. Jefferies Ltd invested in 0.48% or 866,844 shares. Planning Alternatives Limited Adv holds 1,883 shares or 0.04% of its portfolio. Chevy Chase Trust Holding holds 0.22% or 440,903 shares. 29,297 are owned by Sumitomo Life Company. Fayerweather Charles owns 23,532 shares. Bath Savings Tru Co stated it has 2.2% in Automatic Data Processing, Inc. (NASDAQ:ADP). Guardian Capital Advisors Ltd Partnership owns 2,500 shares. East Coast Asset Mgmt Limited Liability Corp accumulated 18,270 shares. Shell Asset Mgmt stated it has 207,124 shares or 0.48% of all its holdings. Chemung Canal has 0.28% invested in Automatic Data Processing, Inc. (NASDAQ:ADP). Advantus Capital Mgmt stated it has 45,528 shares. Cullinan Assoc Inc, Kentucky-based fund reported 4,200 shares. 47,367 were reported by Cadence Mngmt Limited Liability. Markston Ltd Liability Corporation holds 0.94% or 77,675 shares.

Among 19 analysts covering Automatic Data (NASDAQ:ADP), 5 have Buy rating, 2 Sell and 12 Hold. Therefore 26% are positive. Automatic Data had 64 analyst reports since August 3, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Tuesday, October 3 by Robert W. Baird. Stifel Nicolaus maintained Automatic Data Processing, Inc. (NASDAQ:ADP) on Thursday, July 27 with “Hold” rating. The stock of Automatic Data Processing, Inc. (NASDAQ:ADP) earned “Hold” rating by Stifel Nicolaus on Monday, January 30. The stock of Automatic Data Processing, Inc. (NASDAQ:ADP) earned “Neutral” rating by JP Morgan on Friday, August 14. Goldman Sachs downgraded the shares of ADP in report on Tuesday, June 20 to “Neutral” rating. The firm has “Neutral” rating given on Friday, July 29 by Robert W. Baird. The stock has “Hold” rating by RBC Capital Markets on Monday, November 6. The stock of Automatic Data Processing, Inc. (NASDAQ:ADP) earned “Outperform” rating by Bernstein on Monday, July 11. BMO Capital Markets maintained Automatic Data Processing, Inc. (NASDAQ:ADP) on Tuesday, September 12 with “Hold” rating. The rating was upgraded by Goldman Sachs to “Buy” on Monday, December 11.

More notable recent Automatic Data Processing, Inc. (NASDAQ:ADP) news were published by: Prnewswire.com which released: “The Future of Pay is Here! New ADP Innovation Helps Employers Tailor Payments to the Preferences of All Employees” on May 14, 2018, also Nasdaq.com with their article: “Recent Analysis Shows Shutterfly, Gulfport Energy, Automatic Data Processing, Group 1 Automotive, Red Robin …” published on May 16, 2018, Seekingalpha.com published: “ADP +3.2% on Q3 beat, raised full-year profit expectations” on May 02, 2018. More interesting news about Automatic Data Processing, Inc. (NASDAQ:ADP) were released by: Streetinsider.com and their article: “Sachem Head Capital Enters ADP (ADP), PagSeguro Digita (PAGS), WorldPay (WP) (more…) – 13F” published on May 15, 2018 as well as Benzinga.com‘s news article titled: “Chaikin: Don’t Worry, We’re In A Normal Market” with publication date: May 01, 2018.

Since March 21, 2018, it had 0 insider buys, and 5 selling transactions for $2.15 billion activity. The insider MILLER ROBERT JOS sold 10,000 shares worth $1.92M. $738.90 million worth of Wynn Resorts, Limited (NASDAQ:WYNN) was sold by WYNN STEPHEN A.

Among 29 analysts covering Wynn Resorts (NASDAQ:WYNN), 17 have Buy rating, 1 Sell and 11 Hold. Therefore 59% are positive. Wynn Resorts had 99 analyst reports since July 31, 2015 according to SRatingsIntel. The firm has “Outperform” rating by Credit Agricole given on Friday, April 29. On Friday, April 29 the stock rating was downgraded by CLSA to “Outperform”. The stock of Wynn Resorts, Limited (NASDAQ:WYNN) earned “Neutral” rating by UBS on Wednesday, July 20. The rating was upgraded by Union Gaming to “Buy” on Friday, March 23. The stock of Wynn Resorts, Limited (NASDAQ:WYNN) earned “Hold” rating by Vetr on Thursday, September 17. Jefferies maintained the stock with “Buy” rating in Wednesday, April 25 report. The company was upgraded on Tuesday, August 15 by Deutsche Bank. As per Thursday, October 8, the company rating was maintained by JP Morgan. The stock of Wynn Resorts, Limited (NASDAQ:WYNN) earned “Hold” rating by Deutsche Bank on Wednesday, October 12. The stock of Wynn Resorts, Limited (NASDAQ:WYNN) earned “Buy” rating by Brean Capital on Friday, July 31.

Nwi Management Lp, which manages about $5.79B and $953.42 million US Long portfolio, decreased its stake in Spirit Airlines Inc (NASDAQ:SAVE) by 240,000 shares to 210,000 shares, valued at $9.42 million in 2017Q4, according to the filing. It also reduced its holding in Comcast Corp (NASDAQ:CMCSA) by 840,000 shares in the quarter, leaving it with 1.04M shares, and cut its stake in Twitter Inc (NYSE:TWTR).

Investors sentiment increased to 1.23 in 2017 Q4. Its up 0.11, from 1.12 in 2017Q3. It increased, as 37 investors sold WYNN shares while 149 reduced holdings. 75 funds opened positions while 153 raised stakes. 71.04 million shares or 2.78% less from 73.07 million shares in 2017Q3 were reported. 346,241 are owned by Royal National Bank Of Canada. Wolverine Asset Mngmt Ltd Limited Liability Company holds 342 shares. Hwg L P, a Texas-based fund reported 6,456 shares. Maverick Capital Limited has 1.85% invested in Wynn Resorts, Limited (NASDAQ:WYNN). Ls Invest Limited Liability holds 0.02% in Wynn Resorts, Limited (NASDAQ:WYNN) or 2,244 shares. 13 are owned by Point72 Asia (Hong Kong) Ltd. Nordea Investment Mgmt Ab owns 4,211 shares. Stifel Fincl invested in 64,708 shares or 0.03% of the stock. Institute For Wealth Ltd Liability has 2,827 shares. Aqr Capital Ltd Liability Corporation owns 13,714 shares. Ing Groep Nv has invested 0% in Wynn Resorts, Limited (NASDAQ:WYNN). Moreover, Criterion Capital Mgmt Limited Company has 4.01% invested in Wynn Resorts, Limited (NASDAQ:WYNN). Vermont-based Tru Of Vermont has invested 0.01% in Wynn Resorts, Limited (NASDAQ:WYNN). Franklin Resource owns 56,500 shares. Parkside Savings Bank And Trust has invested 0.01% in Wynn Resorts, Limited (NASDAQ:WYNN).

More notable recent Wynn Resorts, Limited (NASDAQ:WYNN) news were published by: Seekingalpha.com which released: “Drama At Wynn Could Delay Shareholder Meeting” on May 05, 2018, also Seekingalpha.com with their article: “Two more Wynn directors leave board” published on May 15, 2018, Nasdaq.com published: “My Desert Island Indicator Flagged This Quick And Easy Trade” on May 18, 2018. More interesting news about Wynn Resorts, Limited (NASDAQ:WYNN) were released by: Schaeffersresearch.com and their article: “Stock Futures Drop as Trump Reignites China Trade Concerns” published on May 23, 2018 as well as Seekingalpha.com‘s news article titled: “Massachusetts expected to approve Wynn license” with publication date: April 30, 2018.

Automatic Data Processing, Inc. (NASDAQ:ADP) Institutional Positions Chart

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