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Lyrical Asset Management LP Has Lifted Its Suncor Energy (SU) Stake; Capital Counsel Has Cut Stake in Automatic Data Processing (ADP) by $335,088

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Capital Counsel Llc decreased its stake in Automatic Data Processing Inc (ADP) by 0.37% based on its latest 2017Q4 regulatory filing with the SEC. Capital Counsel Llc sold 2,864 shares as the company’s stock declined 3.95% with the market. The institutional investor held 766,338 shares of the technology company at the end of 2017Q4, valued at $89.81 million, down from 769,202 at the end of the previous reported quarter. Capital Counsel Llc who had been investing in Automatic Data Processing Inc for a number of months, seems to be less bullish one the $52.10B market cap company. The stock increased 0.59% or $0.69 during the last trading session, reaching $117.53. About 372,787 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.

Lyrical Asset Management Lp increased its stake in Suncor Energy Inc. (SU) by 3.58% based on its latest 2017Q4 regulatory filing with the SEC. Lyrical Asset Management Lp bought 270,000 shares as the company’s stock declined 2.02% with the market. The institutional investor held 7.80M shares of the integrated oil company at the end of 2017Q4, valued at $286.58 million, up from 7.53M at the end of the previous reported quarter. Lyrical Asset Management Lp who had been investing in Suncor Energy Inc. for a number of months, seems to be bullish on the $60.05B market cap company. The stock decreased 0.39% or $0.15 during the last trading session, reaching $38.1. About 1.36M shares traded. Suncor Energy Inc. (NYSE:SU) has risen 13.82% since April 23, 2017 and is uptrending. It has outperformed by 2.27% the S&P500.

Among 16 analysts covering Suncor Energy Inc. (NYSE:SU), 15 have Buy rating, 0 Sell and 1 Hold. Therefore 94% are positive. Suncor Energy Inc. had 33 analyst reports since July 21, 2015 according to SRatingsIntel. National Bank Canada upgraded Suncor Energy Inc. (NYSE:SU) on Friday, October 30 to “Outperform” rating. The stock has “Buy” rating by Desjardins Securities on Thursday, December 1. The rating was maintained by Morgan Stanley on Friday, October 13 with “Overweight”. As per Tuesday, January 24, the company rating was downgraded by Macquarie Research. The stock of Suncor Energy Inc. (NYSE:SU) earned “Overweight” rating by Morgan Stanley on Monday, April 16. The rating was downgraded by TD Securities to “Hold” on Thursday, November 16. The rating was maintained by Piper Jaffray on Tuesday, January 23 with “Buy”. The firm has “Buy” rating by Piper Jaffray given on Thursday, January 11. The stock of Suncor Energy Inc. (NYSE:SU) earned “Buy” rating by Piper Jaffray on Friday, February 9. The firm has “Neutral” rating by JP Morgan given on Tuesday, March 22.

Capital Counsel Llc, which manages about $2.48 billion and $1.22 billion US Long portfolio, upped its stake in Johnson & Johnson Com (NYSE:JNJ) by 2,365 shares to 442,043 shares, valued at $61.76M in 2017Q4, according to the filing.

Since December 31, 2017, it had 0 buys, and 26 selling transactions for $43.49 million activity. Black Maria also sold $259,156 worth of Automatic Data Processing, Inc. (NASDAQ:ADP) shares. The insider Perrotti Thomas J sold $7,980. 28,930 shares were sold by Bonarti Michael A, worth $3.53 million. $659,979 worth of stock was sold by JONES JOHN P III on Tuesday, January 2. Weinstein Donald sold 2,275 shares worth $263,968. Rodriguez Carlos A had sold 69,899 shares worth $7.85M.

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 $638.31M for 20.40 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.

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

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