Zayo Group Holdings Inc (ZAYO) : Geduld E E added new position in Zayo Group Holdings Inc during the most recent quarter end. The investment management firm now holds 10,000 shares of Zayo Group Holdings Inc which is valued at $285,200 , the company said in a statement filed on Aug 8, 2016 with the SEC.Zayo Group Holdings Inc makes up approximately 0.39% of Geduld E E’s portfolio.
Other Hedge Funds, Including , Finemark National Bank Trust added ZAYO to its portfolio by purchasing 46 company shares during the most recent quarter which is valued at $1,312.Pbwm Holdings reduced its stake in ZAYO by selling 9,053 shares or 33.61% in the most recent quarter. The Hedge Fund company now holds 17,885 shares of ZAYO which is valued at $506,682. Zayo Group Holdings Inc makes up approx 0.19% of Pbwm Holdings’s portfolio. Cibc Asset Management Inc added ZAYO to its portfolio by purchasing 7,893 company shares during the most recent quarter which is valued at $222,898. Donald L. Hagan sold out all of its stake in ZAYO during the most recent quarter. The investment firm sold 709 shares of ZAYO which is valued $21,071. Trellus Management Company added ZAYO to its portfolio by purchasing 10,000 company shares during the most recent quarter which is valued at $291,600. Zayo Group Holdings Inc makes up approx 0.66% of Trellus Management Company’s portfolio.
Zayo Group Holdings Inc opened for trading at $28.47 and hit $28.94 on the upside on Monday, eventually ending the session at $28.74, with a gain of 0.88% or 0.25 points. The heightened volatility saw the trading volume jump to 7,47,161 shares. Company has a market cap of $6,962 M.
On the company’s financial health, Zayo Group Holdings Inc reported $-0.08 EPS for the quarter, missing the analyst consensus estimate by $ -0.09 based on the information available during the earnings call on May 5, 2016. Analyst had a consensus of $0.01. The company had revenue of $478.00 million for the quarter, compared to analysts expectations of $465.40 million. The company’s revenue was up 20.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.22 EPS.
Many Wall Street Analysts have commented on Zayo Group Holdings Inc. Zayo Group Holdings Inc was Initiated by Pacific Crest to “Sector Weight” on Jul 25, 2016.
Zayo Group Holdings Inc. is a provider of bandwidth infrastructure in the United States and Europe. The Company’s products include leased dark fiber fiber to cellular towers and small cell sites dedicated wavelength connections Ethernet and Internet protocol (IP) connectivity and other high-bandwidth offerings. Its products and services include physical infrastructure and cloud and connectivity. It operates through three segments: Physical Infrastructure Cloud and Connectivity and Other. Its bandwidth infrastructure assets consist of fiber networks the optronic equipment used to provide its lit services over its fiber networks and its datacenters where it provides colocation and interconnection services. The Company through metro fiber networks provides bandwidth infrastructure services within the metro markets that it serves. The Company through regional fiber networks provides bandwidth infrastructure services between the metro markets that it serves.