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Bluemountain Capital Management Decreased Stake in Automatic Data Processing In (ADP) by $2.10 Million as Market Value Declined; Bislett Management Stake in Yum Brands (YUM) Has Cut as Stock Price Rose

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Andrew Feldstein decreased its stake in Automatic Data Processing In (ADP) by 54.17% based on its latest 2017Q4 regulatory filing with the SEC. Bluemountain Capital Management Llc sold 17,911 shares as the company’s stock declined 3.95% with the market. The hedge fund run by Andrew Feldstein held 15,155 shares of the technology company at the end of 2017Q4, valued at $1.78 million, down from 33,066 at the end of the previous reported quarter. Bluemountain Capital Management Llc who had been investing in Automatic Data Processing In for a number of months, seems to be less bullish one the $51.79B market cap company. The stock decreased 0.77% or $0.91 during the last trading session, reaching $116.84. About 1.27 million shares traded. Automatic Data Processing, Inc. (NASDAQ:ADP) has risen 9.09% since April 23, 2017 and is uptrending. It has underperformed by 2.46% the S&P500.

Bislett Management Llc decreased its stake in Yum Brands Inc (YUM) by 5.26% based on its latest 2017Q4 regulatory filing with the SEC. Bislett Management Llc sold 5,000 shares as the company’s stock rose 1.80% while stock markets declined. The institutional investor held 90,000 shares of the consumer services company at the end of 2017Q4, valued at $7.35 million, down from 95,000 at the end of the previous reported quarter. Bislett Management Llc who had been investing in Yum Brands Inc for a number of months, seems to be less bullish one the $28.34B market cap company. The stock decreased 0.17% or $0.15 during the last trading session, reaching $86.29. About 1.73M shares traded. YUM! Brands, Inc. (NYSE:YUM) has risen 32.07% since April 23, 2017 and is uptrending. It has outperformed by 20.52% the S&P500.

Analysts await Automatic Data Processing, Inc. (NASDAQ:ADP) to report earnings on May, 2 before the open. They expect $1.44 EPS, up 9.92% or $0.13 from last year’s $1.31 per share. ADP’s profit will be $638.31 million for 20.28 P/E if the $1.44 EPS becomes a reality. After $0.99 actual EPS reported by Automatic Data Processing, Inc. for the previous quarter, Wall Street now forecasts 45.45% EPS growth.

Since December 31, 2017, it had 0 buys, and 26 sales for $43.49 million activity. Albinson Brock also sold $159,309 worth of Automatic Data Processing, Inc. (NASDAQ:ADP) shares. Shares for $7.85 million were sold by Rodriguez Carlos A on Wednesday, February 14. Shares for $577,837 were sold by Black Maria. Another trade for 238 shares valued at $28,953 was made by Sackman Stuart on Friday, January 19. The insider Perrotti Thomas J sold $7,980. Weinstein Donald sold $263,968 worth of stock or 2,275 shares.

Among 19 analysts covering Automatic Data (NASDAQ:ADP), 5 have Buy rating, 2 Sell and 12 Hold. Therefore 26% are positive. Automatic Data had 61 analyst reports since August 3, 2015 according to SRatingsIntel. The rating was downgraded by William Blair on Friday, July 21 to “Market Perform”. The rating was upgraded by Goldman Sachs on Friday, December 16 to “Buy”. The rating was maintained by RBC Capital Markets on Monday, May 2 with “Sector Perform”. The firm has “Outperform” rating given on Monday, July 11 by Bernstein. The firm has “Hold” rating given on Monday, November 6 by RBC Capital Markets. The rating was maintained by RBC Capital Markets with “Hold” on Thursday, January 18. The stock of Automatic Data Processing, Inc. (NASDAQ:ADP) has “Underperform” rating given on Friday, June 2 by Evercore. Stifel Nicolaus maintained the shares of ADP in report on Thursday, November 2 with “Hold” rating. The rating was maintained by JP Morgan with “Neutral” on Friday, August 14. The rating was maintained by Stifel Nicolaus with “Hold” on Wednesday, January 31.

Investors sentiment increased to 0.8 in Q4 2017. Its up 0.12, from 0.68 in 2017Q3. It increased, as 50 investors sold ADP shares while 442 reduced holdings. 113 funds opened positions while 282 raised stakes. 338.15 million shares or 1.20% less from 342.26 million shares in 2017Q3 were reported. Burney Com invested 0.18% of its portfolio in Automatic Data Processing, Inc. (NASDAQ:ADP). Moreover, Hl Fincl Ltd has 0.23% invested in Automatic Data Processing, Inc. (NASDAQ:ADP). Commonwealth Bank Of Australia invested in 0.03% or 28,692 shares. Boston Private Wealth Lc has 0.93% invested in Automatic Data Processing, Inc. (NASDAQ:ADP). Capital Planning Advisors reported 25,538 shares. Citigroup reported 0.38% in Automatic Data Processing, Inc. (NASDAQ:ADP). First Interstate Bancshares stated it has 2,899 shares or 0.07% of all its holdings. Moreover, Putnam Fl Inv Communications has 0.2% invested in Automatic Data Processing, Inc. (NASDAQ:ADP) for 19,059 shares. Rmsincerbeaux Capital Mngmt Ltd Liability Corp invested 5.52% of its portfolio in Automatic Data Processing, Inc. (NASDAQ:ADP). Jackson Wealth Ltd Liability Corp owns 15,865 shares for 0.48% of their portfolio. Boston Family Office Ltd Company has invested 1.05% in Automatic Data Processing, Inc. (NASDAQ:ADP). Community Bancorp Na invested 0.31% in Automatic Data Processing, Inc. (NASDAQ:ADP). Petrus Tru Company Lta holds 50,401 shares. Proshare Advsr Limited Com invested in 825,001 shares or 0.67% of the stock. Ubs Asset Management Americas invested 0.18% of its portfolio in Automatic Data Processing, Inc. (NASDAQ:ADP).

Bluemountain Capital Management Llc, which manages about $27.77 billion and $4.96B US Long portfolio, upped its stake in Steel Dynamics Inc (NASDAQ:STLD) by 34,870 shares to 95,951 shares, valued at $4.14 million in 2017Q4, according to the filing. It also increased its holding in Target Corp (NYSE:TGT) by 25,700 shares in the quarter, for a total of 133,085 shares, and has risen its stake in Amazon Com Inc (NASDAQ:AMZN).

Among 29 analysts covering YUM! Brands (NYSE:YUM), 11 have Buy rating, 1 Sell and 17 Hold. Therefore 38% are positive. YUM! Brands had 103 analyst reports since July 1, 2015 according to SRatingsIntel. On Friday, November 3 the stock rating was maintained by BMO Capital Markets with “Market Perform”. On Friday, February 2 the stock rating was maintained by RBC Capital Markets with “Buy”. Oppenheimer maintained the shares of YUM in report on Thursday, September 14 with “Buy” rating. RBC Capital Markets maintained YUM! Brands, Inc. (NYSE:YUM) rating on Monday, September 11. RBC Capital Markets has “Buy” rating and $83.0 target. As per Friday, February 10, the company rating was maintained by Stifel Nicolaus. Wells Fargo maintained the stock with “Market Perform” rating in Friday, February 9 report. The rating was maintained by Robert W. Baird on Friday, November 3 with “Neutral”. The stock of YUM! Brands, Inc. (NYSE:YUM) earned “Equal-Weight” rating by Barclays Capital on Friday, August 4. The firm earned “Equal Weight” rating on Wednesday, October 12 by Barclays Capital. The rating was maintained by Robert W. Baird on Tuesday, January 2 with “Hold”.

Analysts await YUM! Brands, Inc. (NYSE:YUM) to report earnings on May, 2. They expect $0.68 EPS, up 4.62% or $0.03 from last year’s $0.65 per share. YUM’s profit will be $223.31 million for 31.72 P/E if the $0.68 EPS becomes a reality. After $0.96 actual EPS reported by YUM! Brands, Inc. for the previous quarter, Wall Street now forecasts -29.17% negative EPS growth.

Since January 22, 2018, it had 0 insider buys, and 1 insider sale for $194,761 activity.

Automatic Data Processing, Inc. (NASDAQ:ADP) Institutional Positions Chart

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