Thrivent Financial For Lutherans boosted its holdings in shares of CyrusOne Inc (NASDAQ:CONE) by 1.2% in the fourth quarter, Holdings Channel reports. The institutional investor owned 310,363 shares of the real estate investment trust’s stock after purchasing an additional 3,577 shares during the quarter. Thrivent Financial For Lutherans’ holdings in CyrusOne were worth $18,476,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds have also bought and sold shares of the business. Ranger Global Real Estate Advisors LLC purchased a new position in CyrusOne during the 4th quarter worth approximately $13,986,000. Nippon Life Global Investors Americas Inc. raised its position in CyrusOne by 28.2% during the 4th quarter. Nippon Life Global Investors Americas Inc. now owns 254,490 shares of the real estate investment trust’s stock worth $15,150,000 after buying an additional 55,930 shares during the last quarter. Chilton Capital Management LLC raised its position in CyrusOne by 8.2% during the 4th quarter. Chilton Capital Management LLC now owns 361,791 shares of the real estate investment trust’s stock worth $21,537,000 after buying an additional 27,267 shares during the last quarter. Pitcairn Co. purchased a new position in CyrusOne during the 4th quarter worth approximately $203,000. Finally, Invictus RG raised its position in CyrusOne by 34.5% during the 4th quarter. Invictus RG now owns 6,326 shares of the real estate investment trust’s stock worth $377,000 after buying an additional 1,624 shares during the last quarter. 95.44% of the stock is owned by institutional investors.
In other news, insider Kevin L. Timmons sold 11,465 shares of the firm’s stock in a transaction that occurred on Tuesday, March 6th. The shares were sold at an average price of $49.39, for a total transaction of $566,256.35. Following the sale, the insider now owns 177,843 shares of the company’s stock, valued at approximately $8,783,665.77. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 1.64% of the stock is owned by company insiders.
Shares of CyrusOne Inc (CONE) opened at $49.66 on Friday. The company has a market cap of $4,773.62, a P/E ratio of 15.92, a PEG ratio of 0.89 and a beta of 0.83. CyrusOne Inc has a one year low of $43.49 and a one year high of $65.73. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.95 and a current ratio of 0.95.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 13th. Stockholders of record on Thursday, March 29th will be paid a dividend of $0.46 per share. This is a boost from CyrusOne’s previous quarterly dividend of $0.42. The ex-dividend date is Wednesday, March 28th. This represents a $1.84 dividend on an annualized basis and a dividend yield of 3.71%. CyrusOne’s dividend payout ratio (DPR) is presently -176.84%.
ILLEGAL ACTIVITY NOTICE: This piece was first published by Markets Daily and is the property of of Markets Daily. If you are accessing this piece on another publication, it was copied illegally and reposted in violation of United States & international copyright law. The correct version of this piece can be read at https://www.themarketsdaily.com/2018/03/11/thrivent-financial-for-lutherans-acquires-3577-shares-of-cyrusone-inc-cone.html.
CyrusOne Company Profile
CyrusOne Inc is a real estate investment trust. The Company is an owner, operator and developer of enterprise-class, carrier-neutral, multi-tenant data center properties. The Company’s data centers are generally purpose-built facilities with redundant power and cooling. The CyrusOne National IX Platform (the National IX Platform) delivers interconnection across states and between metro-enabled sites within its footprint and beyond.
Want to see what other hedge funds are holding CONE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CyrusOne Inc (NASDAQ:CONE).
Receive News & Ratings for CyrusOne Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CyrusOne and related companies with MarketBeat.com's FREE daily email newsletter.