Other equities analysts have also issued research reports about the stock. Citigroup began coverage on shares of CyrusOne in a research report on Tuesday, March 22nd. They set a “neutral” rating and a $90.50 price objective on the stock. Zacks Investment Research lowered shares of CyrusOne from a “buy” rating to a “hold” rating in a research report on Monday, March 14th. Finally, TD Securities lowered shares of CyrusOne from a “hold” rating to a “tender” rating and set a $90.50 price target on the stock. in a research report on Wednesday, February 2nd. One investment analyst has rated the stock with a sell rating, fifteen have issued a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $88.97.
Shares of CONE opened at $90.36 on Friday. The firm has a market cap of $11.71 billion, a PE ratio of 430.29, a PEG ratio of 0.96 and a beta of 0.37. The firm’s 50 day moving average price is $90.25 and its 200 day moving average price is $88.04. The company has a debt-to-equity ratio of 1.25, a quick ratio of 2.38 and a current ratio of 2.38. CyrusOne has a twelve month low of $66.17 and a twelve month high of $90.49.
A number of institutional investors and hedge funds have recently bought and sold shares of CONE. Pentwater Capital Management LP boosted its stake in CyrusOne by 1,500.0% during the fourth quarter. Pentwater Capital Management LP now owns 3,520,000 shares of the real estate investment trust’s stock worth $315,814,000 after buying an additional 3,300,000 shares in the last quarter. BlackRock Inc. boosted its stake in CyrusOne by 13.1% during the third quarter. BlackRock Inc. now owns 16,255,632 shares of the real estate investment trust’s stock worth $1,258,350,000 after buying an additional 1,877,882 shares in the last quarter. Barclays PLC boosted its stake in CyrusOne by 1,847.2% during the fourth quarter. Barclays PLC now owns 1,583,291 shares of the real estate investment trust’s stock worth $142,053,000 after buying an additional 1,501,978 shares in the last quarter. Millennium Management LLC boosted its stake in CyrusOne by 247.4% during the fourth quarter. Millennium Management LLC now owns 1,993,606 shares of the real estate investment trust’s stock worth $178,866,000 after buying an additional 1,419,771 shares in the last quarter. Finally, Norges Bank acquired a new stake in CyrusOne during the fourth quarter worth $94,976,000. Hedge funds and other institutional investors own 87.89% of the company’s stock.
About CyrusOne (Get Rating)
CyrusOne, Inc is a real estate investment trust, which operates and develops enterprise-class, carrier-neutral, multi-tenant, and single-tenant data center properties. The firm provides data center facilities that protect and ensure the continued operation of IT infrastructure. Its data center properties are purpose-built facilities with redundant power, cooling and telecommunications systems that are not network-specific, enabling customer interconnectivity to a range of telecommunications carriers.
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