Cbre Clarion Securities LLC cut its stake in shares of CyrusOne Inc (NASDAQ:CONE) by 26.2% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,364,018 shares of the real estate investment trust’s stock after selling 483,881 shares during the period. CyrusOne comprises approximately 2.3% of Cbre Clarion Securities LLC’s investment portfolio, making the stock its 17th biggest position. Cbre Clarion Securities LLC owned approximately 1.18% of CyrusOne worth $84,228,000 as of its most recent filing with the SEC.

Other large investors also recently made changes to their positions in the company. Gideon Capital Advisors Inc. increased its holdings in shares of CyrusOne by 442.6% during the fourth quarter. Gideon Capital Advisors Inc. now owns 29,004 shares of the real estate investment trust’s stock worth $1,898,000 after buying an additional 23,659 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in CyrusOne by 94.1% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,109 shares of the real estate investment trust’s stock valued at $203,000 after purchasing an additional 1,507 shares during the period. EJF Capital LLC acquired a new stake in CyrusOne in the fourth quarter valued at $327,000. Aigen Investment Management LP acquired a new stake in CyrusOne in the fourth quarter valued at $1,013,000. Finally, Cullen Frost Bankers Inc. increased its holdings in CyrusOne by 76.5% in the fourth quarter. Cullen Frost Bankers Inc. now owns 1,114 shares of the real estate investment trust’s stock valued at $73,000 after purchasing an additional 483 shares during the period. Institutional investors own 95.36% of the company’s stock.

In related news, Director Michael Klayko sold 5,515 shares of the firm’s stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $73.60, for a total value of $405,904.00. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Robert M. Jackson sold 12,598 shares of the firm’s stock in a transaction dated Monday, April 6th. The shares were sold at an average price of $65.00, for a total transaction of $818,870.00. Following the completion of the transaction, the executive vice president now directly owns 24,478 shares in the company, valued at approximately $1,591,070. The disclosure for this sale can be found here. Insiders have sold a total of 42,029 shares of company stock worth $2,890,642 in the last three months. Insiders own 0.55% of the company’s stock.

A number of analysts recently weighed in on the company. Wells Fargo & Co increased their price objective on CyrusOne from $75.00 to $76.00 and gave the company an “overweight” rating in a report on Friday, May 1st. Jefferies Financial Group upgraded CyrusOne from a “hold” rating to a “buy” rating and increased their price objective for the company from $58.00 to $81.00 in a report on Monday, May 4th. Zacks Investment Research upgraded CyrusOne from a “sell” rating to a “hold” rating in a report on Wednesday, April 29th. Citigroup increased their price target on CyrusOne from $52.00 to $74.00 and gave the stock a “neutral” rating in a report on Thursday, April 30th. Finally, ValuEngine upgraded CyrusOne from a “sell” rating to a “hold” rating in a report on Tuesday, March 17th. Eight investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The stock has an average rating of “Buy” and an average target price of $76.69.

Shares of CONE stock traded down $0.55 on Wednesday, reaching $74.87. 47,181 shares of the company were exchanged, compared to its average volume of 1,270,178. The company has a market cap of $8.55 billion, a price-to-earnings ratio of -251.39, a PEG ratio of 0.88 and a beta of 0.44. The company has a 50-day moving average of $70.95 and a 200-day moving average of $64.46. The company has a debt-to-equity ratio of 1.40, a current ratio of 1.20 and a quick ratio of 1.20. CyrusOne Inc has a one year low of $43.72 and a one year high of $79.73.

CyrusOne (NASDAQ:CONE) last released its quarterly earnings data on Wednesday, April 29th. The real estate investment trust reported $0.13 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.95 by ($0.82). The company had revenue of $245.10 million for the quarter, compared to the consensus estimate of $249.49 million. CyrusOne had a positive return on equity of 1.54% and a negative net margin of 3.32%. CyrusOne’s revenue for the quarter was up 8.9% compared to the same quarter last year. During the same period last year, the company earned $0.82 EPS. As a group, sell-side analysts predict that CyrusOne Inc will post 3.83 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 10th. Stockholders of record on Friday, June 26th will be given a dividend of $0.50 per share. The ex-dividend date of this dividend is Thursday, June 25th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.67%. CyrusOne’s dividend payout ratio (DPR) is presently 55.10%.

CyrusOne Profile

CyrusOne (NASDAQ: CONE) is a high-growth real estate investment trust (REIT) specializing in highly reliable enterprise-class, carrier-neutral data center properties. The Company provides mission-critical data center facilities that protect and ensure the continued operation of IT infrastructure for approximately 1,000 customers, including 212 Fortune 1000 companies.

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Institutional Ownership by Quarter for CyrusOne (NASDAQ:CONE)

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