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Ontario Teachers Pension Plan Board Maintains Position in Automatic Data Processing In (ADP); As Bhp Billiton Plc (BBL) Market Value Declined, Causeway Capital Management Has Trimmed Stake

Causeway Capital Management Llc decreased its stake in Bhp Billiton Plc (BBL) by 34.57% based on its latest 2017Q3 regulatory filing with the SEC. Causeway Capital Management Llc sold 105,366 shares as the company’s stock declined 8.96% while stock markets rallied. The institutional investor held 199,392 shares of the coal mining company at the end of 2017Q3, valued at $7.07 million, down from 304,758 at the end of the previous reported quarter. Causeway Capital Management Llc who had been investing in Bhp Billiton Plc for a number of months, seems to be less bullish one the $102.61B market cap company. The stock decreased 5.25% or $2.31 during the last trading session, reaching $41.73. About 766,292 shares traded. BHP Billiton plc (NYSE:BBL) has risen 31.15% since February 20, 2017 and is uptrending. It has outperformed by 14.45% the S&P500.

Ontario Teachers Pension Plan Board increased its stake in Automatic Data Processing In (ADP) by 938.9% based on its latest 2017Q3 regulatory filing with the SEC. Ontario Teachers Pension Plan Board bought 686,074 shares as the company’s stock declined 1.06% while stock markets rallied. The institutional investor held 759,146 shares of the technology company at the end of 2017Q3, valued at $82.99 million, up from 73,072 at the end of the previous reported quarter. Ontario Teachers Pension Plan Board who had been investing in Automatic Data Processing In for a number of months, seems to be bullish on the $51.21B market cap company. The stock decreased 0.56% or $0.65 during the last trading session, reaching $115.53. About 85,262 shares traded. Automatic Data Processing, Inc. (NASDAQ:ADP) has risen 15.83% since February 20, 2017 and is uptrending. It has underperformed by 0.87% the S&P500.

Causeway Capital Management Llc, which manages about $27.14B and $8.90B US Long portfolio, upped its stake in Cnooc Ltd (NYSE:CEO) by 14,843 shares to 156,798 shares, valued at $20.34 million in 2017Q3, according to the filing. It also increased its holding in Bank Amer Corp (NYSE:BAC) by 925,258 shares in the quarter, for a total of 5.73 million shares, and has risen its stake in Alibaba Group Hldg Ltd (NYSE:BABA).

Among 2 analysts covering BHP Billiton (NYSE:BBL), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. BHP Billiton had 8 analyst reports since August 23, 2016 according to SRatingsIntel. Jefferies maintained BHP Billiton plc (NYSE:BBL) on Monday, July 10 with “Hold” rating. The firm has “Buy” rating by Jefferies given on Tuesday, August 23. The firm earned “Hold” rating on Wednesday, October 4 by Jefferies. The firm has “Hold” rating given on Thursday, August 31 by Jefferies. Citigroup maintained the shares of BBL in report on Wednesday, April 12 with “Buy” rating. Jefferies maintained BHP Billiton plc (NYSE:BBL) on Thursday, August 17 with “Hold” rating. Jefferies maintained BHP Billiton plc (NYSE:BBL) rating on Wednesday, August 23. Jefferies has “Buy” rating and $37 target. The company was downgraded on Thursday, June 8 by Jefferies.

Investors sentiment decreased to 0.68 in 2017 Q3. Its down 0.09, from 0.77 in 2017Q2. It turned negative, as 60 investors sold ADP 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. The North Carolina-based Saybrook Cap Nc has invested 3.59% in Automatic Data Processing, Inc. (NASDAQ:ADP). 55,946 are held by Dekabank Deutsche Girozentrale. Palladium Ptnrs Limited Liability Co reported 0.38% of its portfolio in Automatic Data Processing, Inc. (NASDAQ:ADP). East Coast Asset Mgmt Ltd Liability Com reported 0.65% of its portfolio in Automatic Data Processing, Inc. (NASDAQ:ADP). First Republic Mgmt owns 116,608 shares. The New York-based Meyer Handelman Company has invested 0.51% in Automatic Data Processing, Inc. (NASDAQ:ADP). Barbara Oil Communications stated it has 0.38% of its portfolio in Automatic Data Processing, Inc. (NASDAQ:ADP). Court Place Advsrs Ltd Company reported 3.66% in Automatic Data Processing, Inc. (NASDAQ:ADP). Eads Heald Investment Counsel reported 16,843 shares or 1.14% of all its holdings. Wheatland Advsrs Incorporated owns 12,200 shares or 1.14% of their US portfolio. Washington Bank reported 4,230 shares. Aspen Investment Management Incorporated has 6,638 shares for 0.54% of their portfolio. Central National Bank & Trust And Tru holds 0.01% in Automatic Data Processing, Inc. (NASDAQ:ADP) or 200 shares. Public Sector Pension Inv Board holds 0.02% or 49,573 shares. Appleton Prtnrs Inc Ma has 0.16% invested in Automatic Data Processing, Inc. (NASDAQ:ADP).

Since September 1, 2017, it had 0 insider buys, and 32 insider sales for $45.48 million activity. Bonarti Michael A sold $3.53 million worth of stock. The insider Rodriguez Carlos A sold $11.31 million. O’Brien Dermot J had sold 9,775 shares worth $1.19M. Sackman Stuart also sold $206,500 worth of Automatic Data Processing, Inc. (NASDAQ:ADP) on Wednesday, January 31. 2,239 shares were sold by Black Maria, worth $259,156 on Tuesday, January 2. $659,979 worth of Automatic Data Processing, Inc. (NASDAQ:ADP) was sold by JONES JOHN P III.

Among 19 analysts covering Automatic Data (NASDAQ:ADP), 4 have Buy rating, 2 Sell and 13 Hold. Therefore 21% are positive. Automatic Data had 57 analyst reports since August 3, 2015 according to SRatingsIntel. The stock of Automatic Data Processing, Inc. (NASDAQ:ADP) has “Neutral” rating given on Friday, August 14 by JP Morgan. Evercore downgraded Automatic Data Processing, Inc. (NASDAQ:ADP) on Friday, June 2 to “Underperform” rating. As per Monday, July 11, the company rating was upgraded by Bernstein. The firm has “Hold” rating given on Monday, January 30 by Stifel Nicolaus. Wedbush initiated the stock with “Neutral” rating in Friday, September 9 report. The rating was maintained by Stifel Nicolaus on Thursday, July 27 with “Hold”. As per Friday, January 12, the company rating was maintained by Citigroup. The company was maintained on Friday, October 13 by Bank of America. As per Wednesday, August 30, the company rating was maintained by Robert W. Baird. Argus Research maintained the stock with “Buy” rating in Thursday, August 3 report.

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