Caxton Associates LP Buys New Holdings in CyrusOne Inc (CONE)

Caxton Associates LP bought a new position in CyrusOne Inc (NASDAQ:CONE) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 12,958 shares of the real estate investment trust’s stock, valued at approximately $771,000.

Other institutional investors also recently added to or reduced their stakes in the company. SeaCrest Wealth Management LLC bought a new stake in CyrusOne in the fourth quarter worth $127,000. Pitcairn Co. bought a new stake in CyrusOne in the fourth quarter worth $203,000. Buckley Wealth Management LLC bought a new stake in CyrusOne in the fourth quarter worth $207,000. Cipher Capital LP bought a new stake in CyrusOne in the third quarter worth $221,000. Finally, Timber Hill LLC bought a new stake in CyrusOne in the third quarter worth $224,000. 99.54% of the stock is currently owned by institutional investors and hedge funds.

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CONE has been the topic of several analyst reports. BidaskClub raised CyrusOne from a “sell” rating to a “hold” rating in a report on Friday, December 29th. Barclays restated a “buy” rating and issued a $69.00 price target on shares of CyrusOne in a research note on Friday, January 19th. Zacks Investment Research cut CyrusOne from a “hold” rating to a “sell” rating in a research note on Tuesday, January 9th. ValuEngine cut CyrusOne from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. Finally, Credit Suisse Group restated a “buy” rating and issued a $73.00 price target on shares of CyrusOne in a research note on Wednesday, February 28th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and thirteen have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $66.62.

Shares of CyrusOne Inc (CONE) opened at $49.66 on Monday. The company has a market capitalization of $4,773.60, a price-to-earnings ratio of 15.92, a P/E/G ratio of 0.89 and a beta of 0.83. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 1.30. CyrusOne Inc has a 1 year low of $43.49 and a 1 year high of $65.73.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 13th. Investors of record on Thursday, March 29th will be given a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a yield of 3.71%. The ex-dividend date is Wednesday, March 28th. This is a boost from CyrusOne’s previous quarterly dividend of $0.42. CyrusOne’s dividend payout ratio is -176.84%.

In related news, insider Kevin L. Timmons sold 11,465 shares of the company’s stock in a transaction on Tuesday, March 6th. The stock was sold at an average price of $49.39, for a total transaction of $566,256.35. Following the completion of the sale, the insider now owns 177,843 shares in the company, valued at $8,783,665.77. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.64% of the stock is currently owned by corporate insiders.

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CyrusOne 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.

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Institutional Ownership by Quarter for CyrusOne (NASDAQ:CONE)

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