Mycio Wealth Partners LLC continued to hold its position in Zayo Group Holdings, Inc. (NYSE:ZAYO) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 40,168 shares of the technology company’s stock at the end of the second quarter. Mycio Wealth Partners LLC’s holdings in Zayo Group Holdings were worth $1,322,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of ZAYO. Shell Asset Management Co. boosted its position in Zayo Group Holdings by 0.7% in the second quarter. Shell Asset Management Co. now owns 15,459 shares of the technology company’s stock valued at $478,000 after buying an additional 111 shares in the last quarter. Gilder Gagnon Howe & Co. LLC boosted its position in Zayo Group Holdings by 1.7% in the second quarter. Gilder Gagnon Howe & Co. LLC now owns 7,434 shares of the technology company’s stock valued at $230,000 after buying an additional 122 shares in the last quarter. Comerica Bank boosted its position in Zayo Group Holdings by 3.7% in the first quarter. Comerica Bank now owns 6,702 shares of the technology company’s stock valued at $233,000 after buying an additional 238 shares in the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. boosted its position in Zayo Group Holdings by 1.2% in the second quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 23,957 shares of the technology company’s stock valued at $740,000 after buying an additional 291 shares in the last quarter. Finally, Meiji Yasuda Asset Management Co Ltd. boosted its position in Zayo Group Holdings by 1.7% in the first quarter. Meiji Yasuda Asset Management Co Ltd. now owns 18,130 shares of the technology company’s stock valued at $596,000 after buying an additional 300 shares in the last quarter. 75.89% of the stock is owned by hedge funds and other institutional investors.

Shares of Zayo Group Holdings, Inc. (NYSE ZAYO) traded up 0.06% on Friday, reaching $34.31. The company had a trading volume of 1,176,825 shares. The stock has a market cap of $8.46 billion, a PE ratio of 98.03 and a beta of 0.56. Zayo Group Holdings, Inc. has a 12 month low of $28.15 and a 12 month high of $35.65. The stock has a 50-day moving average price of $32.49 and a 200-day moving average price of $32.42.

Zayo Group Holdings (NYSE:ZAYO) last issued its earnings results on Monday, August 21st. The technology company reported $0.13 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.15 by $0.02. Zayo Group Holdings had a return on equity of 7.48% and a net margin of 3.90%. The company had revenue of $638 million during the quarter, compared to analysts’ expectations of $642.67 million. During the same quarter in the prior year, the business posted ($0.13) EPS. The company’s revenue for the quarter was up 25.8% compared to the same quarter last year. Analysts predict that Zayo Group Holdings, Inc. will post $0.60 earnings per share for the current fiscal year.

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ZAYO has been the subject of several recent research reports. J P Morgan Chase & Co cut Zayo Group Holdings from an “overweight” rating to a “neutral” rating and upped their price objective for the stock from $35.00 to $36.00 in a research report on Wednesday, May 10th. Pacific Crest reaffirmed an “equal weight” rating on shares of Zayo Group Holdings in a research report on Friday, June 23rd. BidaskClub raised Zayo Group Holdings from a “sell” rating to a “hold” rating in a research report on Friday, August 11th. Goldman Sachs Group, Inc. (The) cut Zayo Group Holdings from a “conviction-buy” rating to a “buy” rating in a research report on Friday, May 19th. Finally, Zacks Investment Research raised Zayo Group Holdings from a “hold” rating to a “buy” rating and set a $39.00 price objective for the company in a research report on Wednesday, May 3rd. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and ten have issued a buy rating to the stock. Zayo Group Holdings has a consensus rating of “Hold” and a consensus target price of $38.36.

In other news, CFO Kenneth Desgarennes sold 1,796 shares of Zayo Group Holdings stock in a transaction on Wednesday, July 5th. The shares were sold at an average price of $30.58, for a total transaction of $54,921.68. Following the transaction, the chief financial officer now owns 1,095,852 shares in the company, valued at approximately $33,511,154.16. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Daniel Caruso sold 49,868 shares of Zayo Group Holdings stock in a transaction on Monday, June 12th. The stock was sold at an average price of $32.03, for a total transaction of $1,597,272.04. Following the transaction, the chief executive officer now owns 4,581,329 shares in the company, valued at approximately $146,739,967.87. The disclosure for this sale can be found here. Insiders have sold a total of 637,306 shares of company stock worth $20,358,826 in the last quarter. Corporate insiders own 5.80% of the company’s stock.

Zayo Group Holdings Company Profile

Zayo Group Holdings, Inc provides communications infrastructure services, including fiber and bandwidth connectivity, colocation and cloud infrastructure to a range of businesses. The Company operates in five segments: Dark Fiber Solutions, Network Connectivity, Colocation and Cloud Infrastructure, Zayo Canada and Other.

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Institutional Ownership by Quarter for Zayo Group Holdings (NYSE:ZAYO)

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