Nichols & Pratt Advisers Llp Lowered Automatic Data Processing (ADP) Position By $991,107; 36 Bullish Analysts Covering Intel (INTC)

April 26, 2018 - By Winifred Garcia

Automatic Data Processing, Inc. (NASDAQ:ADP) Logo

Among 55 analysts covering Intel Corporation (NASDAQ:INTC), 36 have Buy rating, 4 Sell and 15 Hold. Therefore 65% are positive. Intel Corporation had 249 analyst reports since August 7, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Thursday, June 1 by Jefferies. Canaccord Genuity maintained Intel Corporation (NASDAQ:INTC) rating on Friday, November 17. Canaccord Genuity has “Hold” rating and $45 target. The stock of Intel Corporation (NASDAQ:INTC) earned “Equal-Weight” rating by Barclays Capital on Thursday, July 21. Northland Capital upgraded the shares of INTC in report on Monday, August 31 to “Outperform” rating. Macquarie Research maintained the stock with “Neutral” rating in Wednesday, October 14 report. Loop Capital Markets maintained it with “Buy” rating and $49.0 target in Friday, October 27 report. As per Thursday, January 25, the company rating was maintained by Stifel Nicolaus. As per Thursday, January 25, the company rating was maintained by KeyBanc Capital Markets. On Thursday, July 27 the stock rating was maintained by Canaccord Genuity with “Hold”. The stock of Intel Corporation (NASDAQ:INTC) earned “Buy” rating by Needham on Friday, July 28. See Intel Corporation (NASDAQ:INTC) latest ratings:

25/04/2018 Broker: Credit Suisse Old Rating: Outperform New Rating: Outperform Old Target: $55 New Target: $60 Maintain
25/04/2018 Broker: UBS Rating: Buy New Target: $70.0000 Maintain
24/04/2018 Broker: Nomura Rating: Buy New Target: $60.0000 Maintain
24/04/2018 Broker: Citigroup Old Rating: Buy New Rating: Buy Old Target: $58 New Target: $60 Maintain
20/04/2018 Broker: FBR Capital Rating: Buy New Target: $55.0000 Maintain
19/04/2018 Broker: Barclays Capital Old Rating: Overweight New Rating: Overweight Old Target: $55 New Target: $60 Maintain
18/04/2018 Broker: Bank of America Old Rating: Buy New Rating: Buy Old Target: $61 New Target: $65 Maintain
17/04/2018 Broker: Susquehanna Rating: Buy New Target: $62.0000 Maintain
11/04/2018 Broker: M Partners Rating: Buy New Target: $58.0000 Maintain
03/04/2018 Broker: Bernstein Rating: Sell Maintain

Nichols & Pratt Advisers Llp decreased Automatic Data Processing Inc (ADP) stake by 1.8% reported in 2017Q4 SEC filing. Nichols & Pratt Advisers Llp sold 8,471 shares as Automatic Data Processing Inc (ADP)’s stock declined 3.95%. The Nichols & Pratt Advisers Llp holds 461,809 shares with $54.09M value, down from 470,280 last quarter. Automatic Data Processing Inc now has $52.26 billion valuation. The stock increased 1.03% or $1.205 during the last trading session, reaching $117.905. About 461,726 shares traded. Automatic Data Processing, Inc. (NASDAQ:ADP) has risen 9.09% since April 26, 2017 and is uptrending. It has underperformed by 2.46% the S&P500.

Intel Corporation designs, manufactures, and sells computer, networking, and communications platforms worldwide. The company has market cap of $245.02 billion. The firm operates through Client Computing Group, Data Center Group, Internet of Things Group, Non-Volatile Memory Solutions Group, Intel Security Group, Programmable Solutions Group, and All Other divisions. It has a 26.32 P/E ratio. The Company’s platforms are used in notebooks, 2 in 1 systems, desktops, servers, tablets, smartphones, wireless and wired connectivity products, and mobile communication components; enterprise, cloud, and communication infrastructure; and retail, transportation, industrial, video, buildings, and other market divisions.

Since October 27, 2017, it had 0 insider buys, and 15 insider sales for $32.38 million activity. $427,757 worth of Intel Corporation (NASDAQ:INTC) shares were sold by Krzanich Brian M. The insider Bryant Diane M sold $25,360. RENDUCHINTALA VENKATA S M sold 1,502 shares worth $66,959. The insider YOFFIE DAVID B sold 30,000 shares worth $1.35M. BRYANT ANDY D sold $3.99 million worth of stock or 89,087 shares. 2,155 shares were sold by Shenoy Navin, worth $98,336 on Monday, January 22. The insider McBride Kevin Thomas sold $31,943.

The stock increased 1.93% or $0.9939 during the last trading session, reaching $52.3739. About 13.36M shares traded. Intel Corporation (NASDAQ:INTC) has risen 44.65% since April 26, 2017 and is uptrending. It has outperformed by 33.10% the S&P500.

Investors sentiment decreased to 1.02 in Q4 2017. Its down 0.01, from 1.03 in 2017Q3. It dived, as 60 investors sold Intel Corporation shares while 703 reduced holdings. 177 funds opened positions while 601 raised stakes. 3.06 billion shares or 0.43% more from 3.05 billion shares in 2017Q3 were reported. Caisse De Depot Et Placement Du Quebec holds 0.21% of its portfolio in Intel Corporation (NASDAQ:INTC) for 1.97 million shares. Guardian Investment holds 5.34% in Intel Corporation (NASDAQ:INTC) or 109,576 shares. Deroy Devereaux Private Investment Counsel accumulated 0.11% or 23,327 shares. Tower Ltd Liability Co (Trc) holds 0.34% in Intel Corporation (NASDAQ:INTC) or 56,743 shares. Marathon Cap Mngmt invested 0.26% of its portfolio in Intel Corporation (NASDAQ:INTC). Nicholas Investment Partners Limited Partnership stated it has 87,182 shares. Adirondack Com holds 54,235 shares. Tower Bridge Advsrs owns 101,204 shares. Pring Turner Group Incorporated Inc holds 3.37% or 67,729 shares. Arvest Bancorporation Trust Division, Oklahoma-based fund reported 420,551 shares. Umb Natl Bank N A Mo stated it has 0.43% of its portfolio in Intel Corporation (NASDAQ:INTC). Cohen Klingenstein Lc accumulated 56,400 shares or 0.37% of the stock. Old National Bancshares In invested in 0.36% or 150,196 shares. Joel Isaacson & Lc has 0.17% invested in Intel Corporation (NASDAQ:INTC) for 21,492 shares. Chesley Taft & Ltd Limited Liability Company holds 1.15% or 294,868 shares in its portfolio.

Analysts await Automatic Data Processing, Inc. (NASDAQ:ADP) to report earnings on May, 2 before the open. They expect $1.44 earnings per share, up 9.92% or $0.13 from last year’s $1.31 per share. ADP’s profit will be $638.31M for 20.47 P/E if the $1.44 EPS becomes a reality. After $0.99 actual earnings per share reported by Automatic Data Processing, Inc. for the previous quarter, Wall Street now forecasts 45.45% EPS growth.

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. The Massachusetts-based Boston Private Wealth Limited Liability has invested 0.93% in Automatic Data Processing, Inc. (NASDAQ:ADP). State Of Tennessee Treasury Department holds 0.12% or 236,259 shares in its portfolio. Lenox Wealth Mgmt has 0.02% invested in Automatic Data Processing, Inc. (NASDAQ:ADP). Northeast Mgmt, Massachusetts-based fund reported 12,304 shares. Mitsubishi Ufj Tru And Banking Corporation accumulated 971,555 shares. Price T Rowe Assocs Inc Md stated it has 0.03% of its portfolio in Automatic Data Processing, Inc. (NASDAQ:ADP). Shell Asset Management Co stated it has 0.48% in Automatic Data Processing, Inc. (NASDAQ:ADP). Bridges Incorporated holds 0.04% in Automatic Data Processing, Inc. (NASDAQ:ADP) or 3,947 shares. Private Tru Co Na invested 0.2% in Automatic Data Processing, Inc. (NASDAQ:ADP). Montag A And Associate Incorporated reported 5,250 shares stake. Alphaone Inv Service Ltd Company has 989 shares. Citigroup has invested 0.38% in Automatic Data Processing, Inc. (NASDAQ:ADP). Goelzer Inv reported 0.04% in Automatic Data Processing, Inc. (NASDAQ:ADP). Keybank Association Oh holds 257,175 shares. Bluemountain Cap Ltd Liability Com has 0.04% invested in Automatic Data Processing, Inc. (NASDAQ:ADP) for 15,155 shares.

Since December 31, 2017, it had 0 insider purchases, and 26 insider sales for $43.49 million activity. The insider Perrotti Thomas J sold 761 shares worth $92,720. Another trade for 9,775 shares valued at $1.19 million was sold by O’Brien Dermot J. $159,309 worth of Automatic Data Processing, Inc. (NASDAQ:ADP) shares were sold by Albinson Brock. The insider Black Maria sold $577,837. Shares for $206,500 were sold by Sackman Stuart on Wednesday, January 31. Ayala John had sold 6,508 shares worth $755,123 on Tuesday, January 2. Bonarti Michael A sold $452,517 worth of stock or 3,900 shares.

Intel Corporation (NASDAQ:INTC) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By1 Winifred Garcia

Automatic Stock Updates

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:








Recent Posts