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Spartan Planning & Wealth Administration acquires 986 shares of Computerized Knowledge Processing, Inc. (NASDAQ:ADP)

Spartan Planning & Wealth Administration boosted its place in Computerized Knowledge Processing, Inc. (NASDAQ: ADP – Get Score ) by 71.0% within the fourth quarter, in line with the corporate in its most up-to-date 13F submitting with the Securities & Alternate Fee. The institutional investor owned 2,375 shares of the enterprise companies supplier’s inventory after buying a further 986 shares through the interval. Automated Knowledge Processing accounts for 0.7% of Spartan Planning & Wealth Administration’s holdings, making the inventory its twenty first largest place. Spartan Planning & Wealth Administration’s holdings in Automated Knowledge Processing had been price $567,000 on the finish of the newest quarter.

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Quite a few different giant buyers have additionally made adjustments to their positions in ADP. Calamos Wealth Administration LLC acquired a brand new stake in Computerized Knowledge Processing within the third quarter price about $270,000. CWA Asset Administration Group LLC raised its stake in Computerized Knowledge Processing by 14.2% within the 4th quarter. CWA Asset Administration Group LLC now owns 2,426 shares of the enterprise companies supplier’s inventory price $579,000 after shopping for a further 302 shares within the final quarter. WealthPlan Funding Administration LLC acquired a brand new stake in Computerized Knowledge Processing within the third quarter price about $1,591,000. First Enterprise Monetary Companies Inc. acquired a brand new stake in Computerized Knowledge Processing within the third quarter price about $211,000. Lastly, Redwood Funding Administration LLC acquired a brand new stake in Computerized Knowledge Processing within the third quarter price about $230,000. Institutional buyers personal 79.24% of the corporate’s shares.

Automated knowledge processing commerce up 0.5%

Shares of NASDAQ:ADP traded up $1.05 throughout mid-day buying and selling on Monday, reaching $215.18. 572,836 shares of the corporate traded arms, in comparison with its common quantity of two,115,967 shares. The corporate has a debt-to-equity ratio of 1.00, a gearing ratio of 0.99, and a present ratio of 0.99. The corporate’s fifty-day transferring common is $224.10, and its 200-day transferring common is $236.25. The agency has a market cap of $89.16 billion, a price-to-earnings ratio of 28.60, a PEG ratio of two.20 and a beta of 0.81. Computerized Knowledge Processing, Inc. has a twelve month low of $196.61 and a twelve month excessive of $274.92.

Computerized Knowledge Processing (NASDAQ:ADP – Get Score ) final posted its quarterly earnings knowledge on Wednesday, January twenty fifth. The enterprise companies supplier reported $1.96 earnings per share (EPS), topping analysts’ consensus estimates of $1.95 by $0.01. Automated Knowledge Processing had a internet return of 18.24% and a return on fairness of 96.94%. The corporate had income of $4.39 billion for the quarter, in comparison with the consensus estimate of $4.39 billion. For a similar interval final yr, earnings per share had been $1.65. The corporate’s quarterly income grew by 9.1% in comparison with the identical quarter final yr. Analysis analysts predict that Computerized Knowledge Processing, Inc. will put up 8.12 EPS for the present fiscal yr.

Automated knowledge processing is paying dividends

The agency additionally lately introduced a quarterly dividend, which will likely be paid on Saturday, April 1st. Buyers of document on Friday, March tenth will likely be paid a dividend of $1.25 per share. That is $5.00 in annualized dividends and a dividend yield of two.32%. The ex-dividend date of this dividend is Thursday, March ninth. Auto Knowledge’s payout ratio is at present 66.40%.

Insider exercise in automated knowledge processing

In different Computerized Knowledge Processing information, insider Carlos A. Rodriguez bought 52,254 shares of the inventory in a transaction that occurred on Thursday, January fifth. The shares had been bought at a median worth of $234.15 for a complete worth of $12,235,274.10. Following the sale, the insider now immediately owns 44,481 shares within the firm, valued at roughly $10,415,226.15. The transaction was disclosed in a submitting with the Securities and Alternate Fee, which is on the market on the SEC’s web site. In different information, insider Carlos A. Rodriguez bought 52,254 shares of the inventory in a transaction on Thursday, January fifth. The shares had been bought at a median worth of $234.15 for a complete worth of $12,235,274.10. Following the transaction, the insider now owns 44,481 shares of the corporate’s inventory, valued at roughly $10,415,226.15. The sale was disclosed in a authorized submitting with the Securities and Alternate Fee, which is on the market at this hyperlink. Additionally, VP Donald Weinstein bought 5,075 shares of the inventory in a transaction on Wednesday, January eleventh. The shares had been bought at a median worth of $245.00, for a complete transaction amounting to $1,243,375.00. Following the completion of the transaction, the vp now immediately owns 32,950 shares within the firm, valued at roughly $8,072,750. Disclosures for this sale could be discovered right here. Insiders bought 106,350 shares of firm inventory valued at $25,301,670 over the past ninety days. 0.33% of shares are owned by company insiders.

Modifications in analysts’ rankings

A number of brokerages have issued experiences on ADP. Wolfe Analysis boosted their worth goal on shares of Computerized Knowledge Processing from $220.00 to $225.00 in a report on Thursday, January fifth. Barclays reduce their worth goal on shares of Computerized Knowledge Processing from $280.00 to $278.00 and set an “obese” score on the inventory in a report on Sunday, January twenty ninth. Mizuho reduce their worth goal on shares of Computerized Knowledge Processing from $285.00 to $275.00 and set a “purchase” score on the inventory in a report on Thursday, January twenty sixth. On Thursday, January twenty sixth, JPMorgan Chase & Co. lowered their worth goal on shares of Computerized Knowledge Processing from $253.00 to $245.00 and set an “underperform” score on the inventory. Lastly, StockNews.com raised shares of Computerized Knowledge Processing from a “maintain” score to a “purchase” score in a report on Friday, March tenth. One funding analyst has rated the inventory with a promote score, one has assigned a maintain score and three have given a purchase score to the inventory. Auto Knowledge at present has a median score of “Maintain” and a consensus worth goal of $246.10, primarily based on knowledge from MarketBeat.com.

About automated knowledge processing

(Get Score)

Computerized Knowledge Processing, Inc is a enterprise outsourcing options supplier specializing in cloud-based human capital administration. It operates by way of the next enterprise segments: Employer Companies, Employer Skilled Group Companies, and Different. The Employer Companies section serves clients from small companies with one worker to giant enterprises with tens of 1000’s of workers worldwide, providing a spread of HR outsourcing and expertise options for human capital administration, together with strategic cloud platforms.

See additionally

Institutional Ownership by Quarter for Automatic Data Processing (NASDAQ:ADP)

This on the spot information alert is powered by MarketBeat’s narrative science expertise and monetary knowledge to supply readers with the quickest and most correct experiences. This story was reviewed by MarketBeat editorial workers previous to publication. Please ship any questions or feedback about this story to contact@marketbeat.com.

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