Dana Investment Advisors Inc. lifted its stake in shares of CyrusOne Inc (NASDAQ:CONE) by 7.0% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 204,427 shares of the real estate investment trust’s stock after buying an additional 13,354 shares during the quarter. Dana Investment Advisors Inc. owned 0.22% of CyrusOne worth $12,047,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in the stock. Bellwether Investment Group LLC increased its holdings in CyrusOne by 1.7% during the 2nd quarter. Bellwether Investment Group LLC now owns 5,710 shares of the real estate investment trust’s stock worth $318,000 after purchasing an additional 97 shares during the last quarter. Zevenbergen Capital Investments LLC increased its holdings in CyrusOne by 1.6% during the 2nd quarter. Zevenbergen Capital Investments LLC now owns 11,405 shares of the real estate investment trust’s stock worth $636,000 after purchasing an additional 175 shares during the last quarter. Campbell Newman Asset Management Inc. increased its holdings in CyrusOne by 4.8% during the 2nd quarter. Campbell Newman Asset Management Inc. now owns 4,404 shares of the real estate investment trust’s stock worth $246,000 after purchasing an additional 201 shares during the last quarter. Teacher Retirement System of Texas increased its holdings in CyrusOne by 6.3% during the 2nd quarter. Teacher Retirement System of Texas now owns 6,297 shares of the real estate investment trust’s stock worth $351,000 after purchasing an additional 372 shares during the last quarter. Finally, Investec Asset Management LTD increased its holdings in CyrusOne by 1.9% during the 2nd quarter. Investec Asset Management LTD now owns 22,717 shares of the real estate investment trust’s stock worth $1,266,000 after purchasing an additional 414 shares during the last quarter. Institutional investors and hedge funds own 98.49% of the company’s stock.

In other news, insider Venkatesh S. Durvasula sold 13,500 shares of CyrusOne stock in a transaction that occurred on Thursday, November 2nd. The stock was sold at an average price of $60.20, for a total value of $812,700.00. Following the completion of the transaction, the insider now owns 214,063 shares in the company, valued at approximately $12,886,592.60. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 1.64% of the stock is currently owned by company insiders.

Several equities research analysts have issued reports on CONE shares. Deutsche Bank restated a “buy” rating and set a $71.00 price objective on shares of CyrusOne in a report on Friday, November 10th. Morgan Stanley lifted their price objective on CyrusOne from $63.00 to $70.00 and gave the stock an “overweight” rating in a report on Friday, November 17th. KeyCorp restated a “hold” rating on shares of CyrusOne in a report on Tuesday, September 12th. Stifel Nicolaus restated a “buy” rating and set a $66.00 price objective on shares of CyrusOne in a report on Thursday, September 14th. Finally, Cowen restated a “buy” rating and set a $78.00 price objective on shares of CyrusOne in a report on Wednesday, November 1st. One analyst has rated the stock with a sell rating, three have issued a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company. CyrusOne currently has an average rating of “Buy” and an average price target of $64.15.

CyrusOne Inc (CONE) opened at $58.93 on Wednesday. The company has a market capitalization of $5,380.00, a P/E ratio of 20.42, a PEG ratio of 1.08 and a beta of 0.79. The company has a debt-to-equity ratio of 1.56, a current ratio of 0.48 and a quick ratio of 0.48. CyrusOne Inc has a 12-month low of $43.90 and a 12-month high of $65.73.

CyrusOne (NASDAQ:CONE) last issued its earnings results on Monday, October 30th. The real estate investment trust reported ($0.61) EPS for the quarter, missing the consensus estimate of $0.76 by ($1.37). The firm had revenue of $175.30 million during the quarter, compared to analyst estimates of $177.62 million. CyrusOne had a negative return on equity of 3.23% and a negative net margin of 13.60%. CyrusOne’s revenue was up 21.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.67 EPS. research analysts expect that CyrusOne Inc will post 3.09 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, January 12th. Stockholders of record on Friday, December 29th will be given a $0.42 dividend. The ex-dividend date is Thursday, December 28th. This represents a $1.68 annualized dividend and a dividend yield of 2.85%. CyrusOne’s payout ratio is -171.43%.

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CyrusOne Company Profile

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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