Automatic Data Processing (NASDAQ:ADP) insider Jan Siegmund sold 27,272 shares of the stock in a transaction that occurred on Tuesday, April 23rd. The shares were sold at an average price of $165.00, for a total value of $4,499,880.00. Following the completion of the sale, the insider now directly owns 77,595 shares of the company’s stock, valued at $12,803,175. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Jan Siegmund also recently made the following trade(s):

  • On Tuesday, February 5th, Jan Siegmund sold 36,403 shares of Automatic Data Processing stock. The shares were sold at an average price of $145.02, for a total value of $5,279,163.06.

Shares of NASDAQ ADP opened at $163.50 on Thursday. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.05 and a quick ratio of 1.05. The firm has a market capitalization of $71.90 billion, a P/E ratio of 37.59, a PEG ratio of 2.36 and a beta of 0.96. Automatic Data Processing has a one year low of $112.58 and a one year high of $165.50.

Automatic Data Processing (NASDAQ:ADP) last issued its earnings results on Wednesday, January 30th. The business services provider reported $1.34 EPS for the quarter, beating analysts’ consensus estimates of $1.18 by $0.16. Automatic Data Processing had a return on equity of 51.92% and a net margin of 13.12%. The business had revenue of $3.51 billion during the quarter, compared to analyst estimates of $3.43 billion. During the same period in the prior year, the company posted $1.03 earnings per share. Automatic Data Processing’s revenue was up 8.3% on a year-over-year basis. Equities analysts anticipate that Automatic Data Processing will post 5.37 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, July 1st. Shareholders of record on Friday, June 14th will be paid a dividend of $0.79 per share. The ex-dividend date of this dividend is Thursday, June 13th. This represents a $3.16 annualized dividend and a yield of 1.93%. Automatic Data Processing’s dividend payout ratio is currently 72.64%.

A number of institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc increased its stake in shares of Automatic Data Processing by 1.2% in the third quarter. Vanguard Group Inc now owns 36,946,069 shares of the business services provider’s stock valued at $5,566,295,000 after buying an additional 425,007 shares in the last quarter. BlackRock Inc. increased its stake in shares of Automatic Data Processing by 5.4% in the fourth quarter. BlackRock Inc. now owns 30,996,337 shares of the business services provider’s stock valued at $4,064,239,000 after buying an additional 1,587,214 shares in the last quarter. Oregon Public Employees Retirement Fund increased its stake in shares of Automatic Data Processing by 18,918.6% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 23,462,482 shares of the business services provider’s stock valued at $179,000 after buying an additional 23,339,116 shares in the last quarter. Lunia Capital LP increased its stake in shares of Automatic Data Processing by 14,251.9% in the fourth quarter. Lunia Capital LP now owns 18,367,683 shares of the business services provider’s stock valued at $18,368,000 after buying an additional 18,239,702 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its stake in shares of Automatic Data Processing by 213.1% in the third quarter. JPMorgan Chase & Co. now owns 8,639,847 shares of the business services provider’s stock valued at $1,301,682,000 after buying an additional 5,880,242 shares in the last quarter. Hedge funds and other institutional investors own 80.50% of the company’s stock.

A number of research analysts recently commented on the company. BidaskClub lowered Automatic Data Processing from a “strong-buy” rating to a “buy” rating in a research note on Friday, April 5th. Zacks Investment Research upgraded Automatic Data Processing from a “sell” rating to a “hold” rating in a research note on Thursday, January 24th. Eight research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $153.43.

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About Automatic Data Processing

Automatic Data Processing, Inc provides business process outsourcing services worldwide. It operates through two segments, Employer Services and Professional Employer Organization (PEO) Services. The Employer Services segment offers various human resources (HR) outsourcing and technology-based human capital management solutions.

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Insider Buying and Selling by Quarter for Automatic Data Processing (NASDAQ:ADP)

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