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Automatic Data Processing, Inc. (ADP) Trades at $121.44 After Triangle; First Merchants (FRME) Has 1.35 Sentiment

First Merchants Corporation operates as the financial holding firm for First Merchants Bank that provides community banking services. The company has market cap of $2.17 billion. It accepts time, savings, and demand deposits; and provides consumer, commercial, agri-business, and real estate mortgage loans, as well as rents safe deposit facilities. It has a 20.3 P/E ratio. The firm also provides personal and corporate trust, full-service brokerage, corporate, letters of credit, and repurchase agreements services.

Automatic Data Processing, Inc. (ADP) formed triangle with $112.94 target or 7.00% below today’s $121.44 share price. Automatic Data Processing, Inc. (ADP) has $53.86B valuation. The stock increased 0.45% or $0.54 during the last trading session, reaching $121.44. About 1.96 million shares traded. Automatic Data Processing, Inc. (NASDAQ:ADP) has risen 15.83% since January 21, 2017 and is uptrending. It has underperformed by 0.87% the S&P500.

Among 19 analysts covering Automatic Data (NASDAQ:ADP), 5 have Buy rating, 2 Sell and 12 Hold. Therefore 26% are positive. Automatic Data had 51 analyst reports since August 3, 2015 according to SRatingsIntel. The firm has “Neutral” rating by Goldman Sachs given on Tuesday, June 20. The stock of Automatic Data Processing, Inc. (NASDAQ:ADP) has “Buy” rating given on Tuesday, November 3 by Argus Research. Barclays Capital downgraded Automatic Data Processing, Inc. (NASDAQ:ADP) on Tuesday, July 18 to “Equal-Weight” rating. As per Monday, August 3, the company rating was maintained by RBC Capital Markets. The rating was maintained by BMO Capital Markets on Friday, October 13 with “Hold”. As per Friday, April 15, the company rating was initiated by Compass Point. JP Morgan maintained Automatic Data Processing, Inc. (NASDAQ:ADP) rating on Friday, August 14. JP Morgan has “Neutral” rating and $89 target. The firm earned “Equal-Weight” rating on Tuesday, November 14 by Morgan Stanley. The firm earned “Neutral” rating on Friday, October 13 by Bank of America. RBC Capital Markets maintained Automatic Data Processing, Inc. (NASDAQ:ADP) on Thursday, January 18 with “Hold” rating.

Analysts await Automatic Data Processing, Inc. (NASDAQ:ADP) to report earnings on February, 7. They expect $0.89 EPS, up 2.30% or $0.02 from last year’s $0.87 per share. ADP’s profit will be $394.70 million for 34.11 P/E if the $0.89 EPS becomes a reality. After $0.91 actual EPS reported by Automatic Data Processing, Inc. for the previous quarter, Wall Street now forecasts -2.20% negative EPS growth.

Since September 1, 2017, it had 0 insider buys, and 19 insider sales for $30.33 million activity. 519 shares were sold by Sackman Stuart, worth $55,346. $11.31M worth of stock was sold by Rodriguez Carlos A on Wednesday, January 3. Ayala John had sold 6,508 shares worth $755,123 on Tuesday, January 2. Flynn Edward B III also sold $2.34 million worth of Automatic Data Processing, Inc. (NASDAQ:ADP) on Sunday, December 31. 631 shares were sold by Black Maria, worth $67,290. O’Brien Dermot J sold 4,098 shares worth $437,011. On Friday, September 1 Perrotti Thomas J sold $318,688 worth of Automatic Data Processing, Inc. (NASDAQ:ADP) or 2,991 shares.

Investors sentiment decreased to 0.68 in Q3 2017. Its down 0.09, from 0.77 in 2017Q2. It dropped, as 60 investors sold Automatic Data Processing, Inc. shares while 457 reduced holdings. 109 funds opened positions while 241 raised stakes. 342.26 million shares or 3.77% less from 355.68 million shares in 2017Q2 were reported. Heritage Investors Mgmt holds 0.84% or 118,986 shares in its portfolio. Bingham Osborn & Scarborough Limited Com stated it has 0.05% in Automatic Data Processing, Inc. (NASDAQ:ADP). Oakworth Cap holds 3,402 shares or 0.09% of its portfolio. Dodge Cox owns 1,950 shares. British Columbia Mngmt Corporation has 238,020 shares. Buckhead Management Lc invested 0.81% in Automatic Data Processing, Inc. (NASDAQ:ADP). Reilly Herbert Faulkner Iii, New York-based fund reported 48,740 shares. Ally Fin Inc has invested 0.31% in Automatic Data Processing, Inc. (NASDAQ:ADP). Riggs Asset Managment Co holds 200 shares. Reik And Limited Liability Corp reported 5,230 shares or 0.19% of all its holdings. Dearborn Prtnrs Limited holds 2.31% or 287,705 shares. Fulton Comml Bank Na has invested 0.04% in Automatic Data Processing, Inc. (NASDAQ:ADP). Mutual Of Omaha Savings Bank Wealth Mgmt accumulated 0.11% or 2,875 shares. Adirondack Trust holds 7,638 shares or 0.66% of its portfolio. Martin Currie Limited holds 1.01% in Automatic Data Processing, Inc. (NASDAQ:ADP) or 120,435 shares.

The stock increased 1.31% or $0.57 during the last trading session, reaching $44.23. About 138,140 shares traded. First Merchants Corporation (FRME) has risen 59.72% since January 21, 2017 and is uptrending. It has outperformed by 43.02% the S&P500.

Pl Capital Advisors Llc holds 8.94% of its portfolio in First Merchants Corporation for 811,333 shares. Castine Capital Management Llc owns 233,321 shares or 3.7% of their US portfolio. Moreover, Dean Capital Management has 2.09% invested in the company for 104,154 shares. The Indiana-based First Merchants Corp has invested 1.48% in the stock. Fcg Advisors Llc, a New Jersey-based fund reported 84,328 shares.

Since January 1, 0001, it had 1 buying transaction, and 1 sale for $62,103 activity.

Analysts await First Merchants Corporation (NASDAQ:FRME) to report earnings on January, 25. They expect $0.61 EPS, up 10.91% or $0.06 from last year’s $0.55 per share. FRME’s profit will be $29.98M for 18.13 P/E if the $0.61 EPS becomes a reality. After $0.61 actual EPS reported by First Merchants Corporation for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

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