Moody Aldrich Partners buys $1,559,389 stake in CyrusOne Inc (CONE)

CyrusOne Inc (CONE) : Moody Aldrich Partners scooped up 8,210 additional shares in CyrusOne Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 26, 2016. The investment management firm now holds a total of 28,555 shares of CyrusOne Inc which is valued at $1,559,389.CyrusOne Inc makes up approximately 1.24% of Moody Aldrich Partners’s portfolio.

Other Hedge Funds, Including , Strs Ohio reduced its stake in CONE by selling 8,307 shares or 7.07% in the most recent quarter. The Hedge Fund company now holds 109,210 shares of CONE which is valued at $5,963,958. CyrusOne Inc makes up approx 0.03% of Strs Ohio’s portfolio.Msi Financial Services Inc boosted its stake in CONE in the latest quarter, The investment management firm added 496 additional shares and now holds a total of 640 shares of CyrusOne Inc which is valued at $34,950.Sanders Morris Harris reduced its stake in CONE by selling 676 shares or 2.19% in the most recent quarter. The Hedge Fund company now holds 30,244 shares of CONE which is valued at $1,651,625. CyrusOne Inc makes up approx 0.42% of Sanders Morris Harris’s portfolio.Shinko Asset Management Ltd. boosted its stake in CONE in the latest quarter, The investment management firm added 1,308,661 additional shares and now holds a total of 1,380,904 shares of CyrusOne Inc which is valued at $75,328,313. CyrusOne Inc makes up approx 0.51% of Shinko Asset Management Ltd.’s portfolio. Verde Servicos Internacionais S.a. added CONE to its portfolio by purchasing 129,220 company shares during the most recent quarter which is valued at $6,995,971. CyrusOne Inc makes up approx 0.58% of Verde Servicos Internacionais S.a.’s portfolio.

CyrusOne Inc closed down -0.3 points or -0.54% at $54.82 with 14,92,503 shares getting traded on Friday. Post opening the session at $54.81, the shares hit an intraday low of $54.275 and an intraday high of $55.38 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

On the company’s financial health, CyrusOne Inc reported $0.67 EPS for the quarter, beating the analyst consensus estimate by $ 0.08 according to the earnings call on Aug 1, 2016. Analyst had a consensus of $0.59. The company had revenue of $130.10 million for the quarter, compared to analysts expectations of $125.63 million. The company’s revenue was up 46.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.51 EPS.

Many Wall Street Analysts have commented on CyrusOne Inc. CyrusOne Inc was Initiated by Wells Fargo to “Outperform” on Jun 1, 2016. Company shares were Reiterated by RBC Capital Mkts on May 11, 2016 to “Outperform”, Firm has raised the Price Target to $ 56 from a previous price target of $50 .Company shares were Reiterated by Deutsche Bank on May 9, 2016 to “Buy”, Firm has raised the Price Target to $ 55 from a previous price target of $53 .

CyrusOne Inc. (CyrusOne) is an owner operator and developer of enterprise-class carrier-neutral multi-tenant data center properties. The Company’s data centers are purpose-built facilities which have access to a range of telecommunications carriers. It provides mission-critical data center facilities that protect the information technology (IT) infrastructure for its clients. The CyrusOne National IX Platform (the National IX Platform) delivers interconnection across states and between metro-enabled sites within the CyrusOne footprint and beyond. As of July 1 2015 the Company had approximately 900 customers. As of July 1 2015 the Company’s property portfolio included 31 data centers across 12 markets in 10 cities in the United States London and Singapore. The Company’s facilities cover approximately 500000 gross square feet of space including over 130000 colocation square feet and around 100000 square feet of work area recovery space.

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