KBC Group NV Has $1.60 Million Stake in CyrusOne Inc (CONE)

KBC Group NV trimmed its holdings in shares of CyrusOne Inc (NASDAQ:CONE) by 50.6% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 26,871 shares of the real estate investment trust’s stock after selling 27,574 shares during the period. KBC Group NV’s holdings in CyrusOne were worth $1,600,000 as of its most recent filing with the SEC.

Several other large investors have also added to or reduced their stakes in the company. PNC Financial Services Group Inc. lifted its holdings in shares of CyrusOne by 32.9% during the 2nd quarter. PNC Financial Services Group Inc. now owns 3,031 shares of the real estate investment trust’s stock worth $169,000 after acquiring an additional 751 shares during the period. State Board of Administration of Florida Retirement System increased its position in shares of CyrusOne by 0.7% during the 3rd quarter. State Board of Administration of Florida Retirement System now owns 123,574 shares of the real estate investment trust’s stock worth $7,282,000 after purchasing an additional 880 shares in the last quarter. Comerica Bank increased its position in shares of CyrusOne by 0.9% during the 4th quarter. Comerica Bank now owns 103,495 shares of the real estate investment trust’s stock worth $5,881,000 after purchasing an additional 895 shares in the last quarter. LS Investment Advisors LLC increased its position in shares of CyrusOne by 14.8% during the 3rd quarter. LS Investment Advisors LLC now owns 7,075 shares of the real estate investment trust’s stock worth $417,000 after purchasing an additional 911 shares in the last quarter. Finally, Stephens Inc. AR increased its position in shares of CyrusOne by 8.1% during the 4th quarter. Stephens Inc. AR now owns 12,260 shares of the real estate investment trust’s stock worth $730,000 after purchasing an additional 920 shares in the last quarter. 99.67% of the stock is owned by institutional investors.

Shares of CyrusOne Inc (CONE) opened at $49.07 on Friday. The company has a debt-to-equity ratio of 1.56, a current ratio of 0.48 and a quick ratio of 0.48. The firm has a market cap of $4,456.79, a PE ratio of 15.64, a price-to-earnings-growth ratio of 0.78 and a beta of 0.70. CyrusOne Inc has a 1 year low of $43.49 and a 1 year high of $65.73.

CONE has been the subject of a number of recent analyst reports. BidaskClub cut shares of CyrusOne from a “sell” rating to a “strong sell” rating in a research report on Saturday, January 20th. Zacks Investment Research cut shares of CyrusOne from a “hold” rating to a “sell” rating in a research report on Tuesday, January 9th. Deutsche Bank reiterated a “buy” rating and set a $71.00 target price on shares of CyrusOne in a research report on Friday, November 10th. Credit Suisse Group set a $73.00 target price on shares of CyrusOne and gave the stock a “buy” rating in a research report on Wednesday. Finally, Morgan Stanley increased their target price on shares of CyrusOne from $63.00 to $70.00 and gave the stock an “overweight” rating in a research report on Friday, November 17th. Two research analysts have rated the stock with a sell rating, two have given a hold rating and twelve have assigned a buy rating to the company. CyrusOne presently has an average rating of “Buy” and a consensus price target of $66.92.

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CyrusOne 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.

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Institutional Ownership by Quarter for CyrusOne (NASDAQ:CONE)

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