Shareholder F&V Capital Management Has Upped Ebay (EBAY) Stake; Roffman Miller Associates Has Trimmed Its Position in Automatic Data Processing (ADP) as Share Price Declined

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

Roffman Miller Associates Inc decreased its stake in Automatic Data Processing (ADP) by 1.34% based on its latest 2018Q3 regulatory filing with the SEC. Roffman Miller Associates Inc sold 2,823 shares as the company’s stock declined 4.96% with the market. The institutional investor held 207,385 shares of the technology company at the end of 2018Q3, valued at $31.25M, down from 210,208 at the end of the previous reported quarter. Roffman Miller Associates Inc who had been investing in Automatic Data Processing for a number of months, seems to be less bullish one the $57.56 billion market cap company. The stock increased 0.05% or $0.07 during the last trading session, reaching $131.49. About 157,609 shares traded. Automatic Data Processing, Inc. (NASDAQ:ADP) has risen 20.58% since January 10, 2018 and is uptrending. It has outperformed by 20.58% the S&P500. Some Historical ADP News: 02/05/2018 – Automatic Data 3Q Net $643.1M; 02/05/2018 – Automatic Data Raises FY18 New Business Bookings View to 6%-7%; 16/05/2018 – ADP ADP.PA – PASSENGER TRAFFIC AT SANTIAGO DE CHILE AIRPORT, 45%-OWNED BY GROUPE ADP, HAS INCREASED BY 2.8% IN APRIL 2018 AND BY 11.9% SINCE BEGINNING OF YR; 07/03/2018 MEDIA-France to go ahead with privatisation of ADP -BFM Business; 13/03/2018 – Ackman’s Pershing Square trims ADP stake as bet grew in value -filing; 11/04/2018 – ADP BOOSTS CASH DIV; 16/05/2018 – ADP ADP.PA – IN APRIL TRAFFIC WITHIN FRANCE WAS DOWN BY 5.7%; 16/05/2018 – ADP SAYS PARIS AIRPORTS APRIL TRAFFIC WAS IMPACTED BY STRIKES; 04/04/2018 – ADP Report: Midsized Businesses Had Best Job Growth Since Fall of 2014; 07/03/2018 – ADP Report: At This Pace of Job Growth, Employers Will Soon Become Hard-Pressed to Find Qualified Workers

F&V Capital Management Llc increased its stake in Ebay Inc (EBAY) by 69.52% based on its latest 2018Q3 regulatory filing with the SEC. F&V Capital Management Llc bought 62,855 shares as the company’s stock declined 14.03% with the market. The institutional investor held 153,270 shares of the business services company at the end of 2018Q3, valued at $5.06M, up from 90,415 at the end of the previous reported quarter. F&V Capital Management Llc who had been investing in Ebay Inc for a number of months, seems to be bullish on the $29.23 billion market cap company. The stock increased 0.21% or $0.06 during the last trading session, reaching $30.35. About 1.58 million shares traded. eBay Inc. (NASDAQ:EBAY) has declined 21.36% since January 10, 2018 and is downtrending. It has underperformed by 21.36% the S&P500. Some Historical EBAY News: 15/05/2018 – MILLENNIUM BOOSTED BSX, EBAY, PXD, AEE, KSS IN 1Q: 13F; 25/04/2018 – EBAY INC – MARKETPLACE PLATFORMS DELIVERED $2.1 BLN OF REVENUE AND $22.5 BLN OF GMV IN QTR; 25/04/2018 – EBAY SEES 2Q ADJ EPS CONT OPS 50C TO 52C, EST. 52C; 02/04/2018 – EBAY: WOMEN 40% OF GLOBAL WORK FORCE IN 2017 VS. 38% IN 2016; 13/03/2018 – PAYPAL CFO: EBAY IS A GOOD PARTNER; THIS ISN’T AN UGLY DIVORCE; 18/04/2018 – eBay Inc. vs Global Equity Management (SA) Pty. Ltd. | FWD Entered | 04/18/2018; 25/04/2018 – EBay: Grew Active Buyers by 4% Across Platforms; 03/05/2018 – Zurcher Kantonalbank Adds Aptiv, Cuts UBS, Buys More eBay: 13F; 09/05/2018 – EBay will relaunch its India business after selling its Flipkart stake to Walmart The company will gross more than $1 billion from exiting the relationship; 14/05/2018 – Old Mutual Adds eBay, Exits CVS, Cuts Nvidia: 13F

Investors sentiment increased to 1.05 in 2018 Q3. Its up 0.12, from 0.93 in 2018Q2. It is positive, as 51 investors sold EBAY shares while 255 reduced holdings. 92 funds opened positions while 230 raised stakes. 772.11 million shares or 4.76% less from 810.72 million shares in 2018Q2 were reported. Burney holds 0.05% of its portfolio in eBay Inc. (NASDAQ:EBAY) for 27,512 shares. Schroder Inv Management Gru, a Maine-based fund reported 4.06 million shares. Price T Rowe Md holds 0.01% or 1.59 million shares. Burt Wealth Advsrs holds 0% of its portfolio in eBay Inc. (NASDAQ:EBAY) for 50 shares. Markston International Limited Liability Com stated it has 136,651 shares. Canandaigua Comml Bank & Comm invested in 0.04% or 6,815 shares. Asset Mgmt One has 1.75 million shares for 0.12% of their portfolio. Waverton Mgmt owns 18,400 shares for 0.03% of their portfolio. Td Asset Mgmt Inc stated it has 293,316 shares or 0.01% of all its holdings. Advisory Network Limited Co owns 0.01% invested in eBay Inc. (NASDAQ:EBAY) for 5,200 shares. Kentucky-based Cullinan Incorporated has invested 0.37% in eBay Inc. (NASDAQ:EBAY). Boothbay Fund Management Limited Com has 0.02% invested in eBay Inc. (NASDAQ:EBAY) for 6,931 shares. Raymond James Advisors reported 95,359 shares. Gideon Advisors holds 0.17% or 10,784 shares. 11.48 million are held by Northern Tru.

F&V Capital Management Llc, which manages about $158.07M and $185.95 million US Long portfolio, decreased its stake in Corning Inc (NYSE:GLW) by 121,870 shares to 172,105 shares, valued at $6.08M in 2018Q3, according to the filing.

Since July 23, 2018, it had 1 insider purchase, and 6 insider sales for $3.41 million activity. 36,000 shares valued at $1.04 million were sold by OMIDYAR PIERRE M on Tuesday, November 20. On Wednesday, November 28 Lee Jae Hyun sold $983,558 worth of eBay Inc. (NASDAQ:EBAY) or 33,652 shares. SWAN ROBERT HOLMES bought $501,766 worth of stock. 18,283 eBay Inc. (NASDAQ:EBAY) shares with value of $522,528 were sold by Park Joo Man. On Monday, July 23 Jones Wendy Elizabeth sold $354,179 worth of eBay Inc. (NASDAQ:EBAY) or 10,516 shares.

Among 46 analysts covering eBay Inc (NASDAQ:EBAY), 24 have Buy rating, 2 Sell and 20 Hold. Therefore 52% are positive. eBay Inc had 199 analyst reports since July 21, 2015 according to SRatingsIntel. BMO Capital Markets maintained it with “Buy” rating and $55.0 target in Thursday, February 1 report. The company was initiated on Wednesday, January 13 by Jyske Bank. RBC Capital Markets maintained eBay Inc. (NASDAQ:EBAY) rating on Thursday, October 22. RBC Capital Markets has “Sector Perform” rating and $30.0 target. The stock of eBay Inc. (NASDAQ:EBAY) earned “Buy” rating by Benchmark on Wednesday, July 19. Credit Suisse maintained eBay Inc. (NASDAQ:EBAY) rating on Monday, April 18. Credit Suisse has “Neutral” rating and $28 target. On Thursday, July 23 the stock rating was maintained by UBS with “Buy”. The rating was maintained by UBS with “Buy” on Thursday, July 19. The stock of eBay Inc. (NASDAQ:EBAY) earned “Hold” rating by Stifel Nicolaus on Sunday, April 22. The stock of eBay Inc. (NASDAQ:EBAY) has “Hold” rating given on Thursday, September 28 by Jefferies. The stock of eBay Inc. (NASDAQ:EBAY) earned “Buy” rating by Citigroup on Friday, July 21.

More notable recent eBay Inc. (NASDAQ:EBAY) news were published by: Nasdaq.com which released: “The Zacks Analyst Blog Highlights: PayPal and eBay – Nasdaq” on December 24, 2018, also Investorplace.com with their article: “15 Winning Stocks to Buy in 2019 (That Were Losers in 2018) – Investorplace.com” published on December 14, 2018, Nasdaq.com published: “Morgan Stanley Says Bullish Call on eBay Stock Was ‘Wrong’ – Nasdaq” on December 12, 2018. More interesting news about eBay Inc. (NASDAQ:EBAY) were released by: Investorplace.com and their article: “eBay Stock Is Poised to Rebound – Investorplace.com” published on December 27, 2018 as well as Nasdaq.com‘s news article titled: “After Hours Most Active for Jan 2, 2019 : IMGN, MSFT, FOLD, QQQ, EBAY, XOG – Nasdaq” with publication date: January 02, 2019.

Roffman Miller Associates Inc, which manages about $833.24M and $900.50M US Long portfolio, upped its stake in Johnson & Johnson (NYSE:JNJ) by 2,487 shares to 212,713 shares, valued at $29.39M in 2018Q3, according to the filing. It also increased its holding in At&T Inc New (NYSE:T) by 33,110 shares in the quarter, for a total of 253,373 shares, and has risen its stake in Schlumberger Ltd F.

Analysts await Automatic Data Processing, Inc. (NASDAQ:ADP) to report earnings on January, 30 before the open. They expect $1.18 EPS, up 19.19% or $0.19 from last year’s $0.99 per share. ADP’s profit will be $516.53M for 27.86 P/E if the $1.18 EPS becomes a reality. After $1.20 actual EPS reported by Automatic Data Processing, Inc. for the previous quarter, Wall Street now forecasts -1.67% negative EPS growth.

More notable recent Automatic Data Processing, Inc. (NASDAQ:ADP) news were published by: Seekingalpha.com which released: “Automatic Data Processing declares $0.79 dividend – Seeking Alpha” on November 06, 2018, also Seekingalpha.com with their article: “Buy Automatic Data Processing On Any Weakness – Seeking Alpha” published on June 15, 2018, Nasdaq.com published: “Aéroports de Paris SA: Calendar of financial publications and events for 2019 – Nasdaq” on December 14, 2018. More interesting news about Automatic Data Processing, Inc. (NASDAQ:ADP) were released by: Nasdaq.com and their article: “CSP Inc. (CSPI) Ex-Dividend Date Scheduled for January 04, 2019 – Nasdaq” published on January 03, 2019 as well as Nasdaq.com‘s news article titled: “Why Automatic Data Processing (ADP) is a Great Dividend Stock Right Now – Nasdaq” with publication date: December 14, 2018.

Investors sentiment decreased to 0.75 in Q3 2018. Its down 0.12, from 0.87 in 2018Q2. It dived, as 50 investors sold ADP shares while 461 reduced holdings. 120 funds opened positions while 263 raised stakes. 332.04 million shares or 0.51% less from 333.72 million shares in 2018Q2 were reported. Adage Capital Prtn Gru Ltd holds 0.26% or 768,024 shares in its portfolio. Jane Street Group Limited Liability Corp invested in 0% or 6,750 shares. Papp L Roy & Assocs reported 12,678 shares stake. Connecticut-based Northeast Consultants has invested 0.41% in Automatic Data Processing, Inc. (NASDAQ:ADP). Kings Point Cap Management has invested 0.29% in Automatic Data Processing, Inc. (NASDAQ:ADP). Saybrook Cap Nc has 4.48% invested in Automatic Data Processing, Inc. (NASDAQ:ADP). Sigma Planning Corporation invested in 9,345 shares or 0.08% of the stock. Virginia Retirement Systems Et Al has 0.11% invested in Automatic Data Processing, Inc. (NASDAQ:ADP). Colony Gp Ltd Liability Corporation holds 0.04% or 5,831 shares. Bailard has invested 0.05% in Automatic Data Processing, Inc. (NASDAQ:ADP). Aqr Mngmt Ltd Liability Com holds 0.06% or 429,522 shares in its portfolio. Rockland Tru Company invested in 6,678 shares or 0.12% of the stock. Philadelphia holds 2,000 shares. Penobscot Management Com, Massachusetts-based fund reported 54,307 shares. Optimum Inv Advsr owns 500 shares or 0.02% of their US portfolio.

Since August 31, 2018, it had 0 insider purchases, and 18 sales for $38.15 million activity. Black Maria had sold 6,216 shares worth $901,811 on Friday, August 31. The insider Politi Douglas W sold $295,841. Rodriguez Carlos A sold $9.06M worth of Automatic Data Processing, Inc. (NASDAQ:ADP) on Thursday, November 15. On Friday, August 31 the insider Perrotti Thomas J sold $137,507. 4,389 Automatic Data Processing, Inc. (NASDAQ:ADP) shares with value of $566,161 were sold by Albinson Brock. 8,323 shares were sold by Siegmund Jan, worth $1.20M on Friday, August 31.

eBay Inc. (NASDAQ:EBAY) Institutional Positions Chart