Rhumbline Advisers raised its holdings in CyrusOne Inc (NASDAQ:CONE) by 11.7% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 196,595 shares of the real estate investment trust’s stock after purchasing an additional 20,516 shares during the quarter. Rhumbline Advisers owned about 0.22% of CyrusOne worth $11,585,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Perigon Wealth Management LLC increased its stake in CyrusOne by 44.8% in the second quarter. Perigon Wealth Management LLC now owns 4,525 shares of the real estate investment trust’s stock valued at $254,000 after purchasing an additional 1,400 shares during the period. Eagle Asset Management Inc. increased its stake in shares of CyrusOne by 4.3% during the second quarter. Eagle Asset Management Inc. now owns 304,458 shares of the real estate investment trust’s stock worth $16,973,000 after acquiring an additional 12,507 shares during the period. Schwab Charles Investment Management Inc. increased its stake in shares of CyrusOne by 14.0% during the second quarter. Schwab Charles Investment Management Inc. now owns 325,495 shares of the real estate investment trust’s stock worth $18,147,000 after acquiring an additional 40,044 shares during the period. Utah Retirement Systems increased its stake in shares of CyrusOne by 16.9% during the second quarter. Utah Retirement Systems now owns 16,246 shares of the real estate investment trust’s stock worth $905,000 after acquiring an additional 2,346 shares during the period. Finally, Comerica Bank increased its stake in shares of CyrusOne by 6.8% during the second quarter. Comerica Bank now owns 61,986 shares of the real estate investment trust’s stock worth $3,626,000 after acquiring an additional 3,932 shares during the period. Institutional investors own 95.14% of the company’s stock.

In related news, insider Venkatesh S. Durvasula sold 13,500 shares of the company’s stock in a transaction that occurred on Thursday, November 2nd. The shares were sold at an average price of $60.20, for a total transaction of $812,700.00. Following the completion of the transaction, the insider now owns 214,063 shares of the company’s stock, valued at $12,886,592.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 1.64% of the company’s stock.

CyrusOne Inc (NASDAQ CONE) opened at $61.93 on Friday. The company has a debt-to-equity ratio of 1.56, a quick ratio of 0.48 and a current ratio of 0.48. The stock has a market cap of $5,621.90, a P/E ratio of 20.80, a P/E/G ratio of 1.10 and a beta of 0.81. CyrusOne Inc has a one year low of $40.48 and a one year high of $65.73.

CyrusOne (NASDAQ:CONE) last announced its quarterly earnings data on Monday, October 30th. The real estate investment trust reported ($0.61) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.76 by ($1.37). The firm had revenue of $175.30 million for the quarter, compared to analysts’ expectations of $177.62 million. CyrusOne had a negative net margin of 13.60% and a negative return on equity of 3.23%. The business’s quarterly revenue was up 21.9% on a year-over-year basis. During the same period in the previous year, the company posted $0.67 EPS. research analysts forecast that CyrusOne Inc will post 3.09 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 12th. Investors of record on Friday, December 29th will be paid a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a dividend yield of 2.71%. The ex-dividend date is Thursday, December 28th. CyrusOne’s payout ratio is -173.19%.

A number of research firms recently commented on CONE. Morgan Stanley boosted their price objective on shares of CyrusOne from $63.00 to $70.00 and gave the stock an “overweight” rating in a report on Friday, November 17th. Deutsche Bank AG reissued a “buy” rating and set a $71.00 price objective on shares of CyrusOne in a report on Friday, November 10th. Mitsubishi UFJ Financial Group raised shares of CyrusOne from a “neutral” rating to an “overweight” rating in a report on Tuesday, October 31st. UBS AG raised shares of CyrusOne from a “neutral” rating to an “overweight” rating in a report on Thursday, November 2nd. Finally, Cowen Inc reissued a “buy” rating and set a $78.00 price objective on shares of CyrusOne in a report on Wednesday, November 1st. One analyst has rated the stock with a sell rating, two have issued a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the stock. CyrusOne currently has a consensus rating of “Buy” and an average price target of $63.14.

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About CyrusOne

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.

Institutional Ownership by Quarter for CyrusOne (NASDAQ:CONE)

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