Fort Washington Investment Advisors Inc. OH decreased its position in shares of CyrusOne Inc (NASDAQ:CONE) by 29.0% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 23,450 shares of the real estate investment trust’s stock after selling 9,600 shares during the period. Fort Washington Investment Advisors Inc. OH’s holdings in CyrusOne were worth $1,307,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently bought and sold shares of CONE. BlackRock Inc. increased its position in CyrusOne by 9,082.1% during the first quarter. BlackRock Inc. now owns 6,929,733 shares of the real estate investment trust’s stock valued at $356,674,000 after acquiring an additional 6,854,263 shares during the last quarter. Vanguard Group Inc. increased its position in CyrusOne by 23.0% during the first quarter. Vanguard Group Inc. now owns 11,861,462 shares of the real estate investment trust’s stock valued at $610,510,000 after acquiring an additional 2,220,488 shares during the last quarter. State Street Corp increased its position in CyrusOne by 107.4% during the first quarter. State Street Corp now owns 1,944,811 shares of the real estate investment trust’s stock valued at $100,098,000 after acquiring an additional 1,007,158 shares during the last quarter. Nomura Asset Management Co. Ltd. increased its position in CyrusOne by 1,668.0% during the first quarter. Nomura Asset Management Co. Ltd. now owns 869,130 shares of the real estate investment trust’s stock valued at $44,734,000 after acquiring an additional 819,970 shares during the last quarter. Finally, Capital Growth Management LP increased its position in CyrusOne by 700.0% during the first quarter. Capital Growth Management LP now owns 880,000 shares of the real estate investment trust’s stock valued at $45,294,000 after acquiring an additional 770,000 shares during the last quarter. Institutional investors and hedge funds own 96.73% of the company’s stock.

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In other CyrusOne news, EVP Robert M. Jackson sold 1,890 shares of CyrusOne stock in a transaction dated Monday, August 14th. The stock was sold at an average price of $59.00, for a total value of $111,510.00. Following the completion of the transaction, the executive vice president now directly owns 24,296 shares of the company’s stock, valued at approximately $1,433,464. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 1.64% of the company’s stock.

Shares of CyrusOne Inc (NASDAQ CONE) opened at 61.79 on Friday. CyrusOne Inc has a 1-year low of $38.80 and a 1-year high of $65.73. The company has a 50-day moving average of $60.96 and a 200-day moving average of $56.05. The stock’s market capitalization is $5.44 billion.

CyrusOne (NASDAQ:CONE) last released its earnings results on Wednesday, August 2nd. The real estate investment trust reported $0.77 earnings per share for the quarter, beating the consensus estimate of $0.74 by $0.03. The company had revenue of $166.90 million during the quarter, compared to the consensus estimate of $165.71 million. CyrusOne had a positive return on equity of 1.30% and a negative net margin of 4.35%. CyrusOne’s revenue was up 28.3% compared to the same quarter last year. During the same period in the previous year, the company posted $0.67 EPS. On average, equities research analysts expect that CyrusOne Inc will post ($0.21) EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, October 13th. Shareholders of record on Friday, September 29th will be given a $0.42 dividend. This represents a $1.68 annualized dividend and a yield of 2.72%. The ex-dividend date is Thursday, September 28th. CyrusOne’s dividend payout ratio is currently -541.92%.

A number of research analysts have weighed in on CONE shares. Morgan Stanley reiterated an “overweight” rating and set a $63.00 price objective (up previously from $58.00) on shares of CyrusOne in a research report on Friday, August 25th. Cowen and Company boosted their price objective on shares of CyrusOne from $65.00 to $72.00 and gave the company an “outperform” rating in a research report on Friday, June 23rd. Zacks Investment Research cut shares of CyrusOne from a “buy” rating to a “hold” rating in a research report on Tuesday, August 8th. BidaskClub cut shares of CyrusOne from a “strong-buy” rating to a “buy” rating in a research report on Thursday, August 10th. Finally, Deutsche Bank AG reiterated a “buy” rating and set a $64.00 price objective (up previously from $62.00) on shares of CyrusOne in a research report on Friday, August 11th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $61.08.

About CyrusOne

CyrusOne Inc is a real estate investment trust. The Company is an owner, operator and developer of enterprise-class, carrier-neutral, multi-tenant data center properties. The Company’s data centers are generally purpose-built facilities with redundant power and cooling. The CyrusOne National IX Platform (the National IX Platform) delivers interconnection across states and between metro-enabled sites within its footprint and beyond.

Institutional Ownership by Quarter for CyrusOne (NASDAQ:CONE)

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