Aegis Financial Position in Delta Apparel (DLA) Lowered as Stock Rose; Johnston Asset Management Has Trimmed Automatic Data Processing In (ADP) Position as Market Value Rose

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

Johnston Asset Management Corp decreased its stake in Automatic Data Processing In (ADP) by 1.63% based on its latest 2018Q1 regulatory filing with the SEC. Johnston Asset Management Corp sold 7,390 shares as the company’s stock rose 10.81% while stock markets declined. The institutional investor held 447,130 shares of the technology company at the end of 2018Q1, valued at $50.74M, down from 454,520 at the end of the previous reported quarter. Johnston Asset Management Corp who had been investing in Automatic Data Processing In for a number of months, seems to be less bullish one the $59.46B market cap company. The stock increased 0.54% or $0.72 during the last trading session, reaching $134.97. About 197,198 shares traded. Automatic Data Processing, Inc. (NASDAQ:ADP) has risen 29.15% since June 29, 2017 and is uptrending. It has outperformed by 16.58% the S&P500. Some Historical ADP News: 07/03/2018 – U.S. ADP Feb. National Franchise Report (Table); 09/03/2018 – DSNA, ADP, THALES TESTING SITE DRONE-PROTECTION SYSTEM; 16/05/2018 – ADP ADP.PA – SINCE THE BEGINNING OF THE YEAR, PARIS AÉROPORT PASSENGER TRAFFIC HAS INCREASED BY 2.3%, WITH A TOTAL OF 31.5 MILLION PASSENGERS; 15/03/2018 – FRENCH GOVT SAYS HAS TAKEN NO DECISION ON AN EVENTUAL SALE OF ITS STAKE IN ADP ADP.PA; 02/05/2018 – Automatic Data Now Sees FY18 EPS Up 11%-12%; Had Seen Up 8%-9%; 10/04/2018 – U.S. ADP March National Franchise Report (Table); 07/03/2018 MEDIA-France to go ahead with privatisation of ADP -BFM Business; 02/05/2018 – ADP Report: U.S. Labor Market Maintaining Steady Pace of Strong Job Growth, With Little Sign of Slowdown; 04/04/2018 – ADP Report: Midsized Businesses Had Best Job Growth Since Fall of 2014; 19/03/2018 – Corestream Teams Up with ADP to Deliver Best-in-Class Employee Benefits Platform

Aegis Financial Corp decreased its stake in Delta Apparel Inc. (DLA) by 17.16% based on its latest 2018Q1 regulatory filing with the SEC. Aegis Financial Corp sold 32,733 shares as the company’s stock rose 0.73% while stock markets declined. The institutional investor held 157,984 shares of the consumer non-durables company at the end of 2018Q1, valued at $2.85 million, down from 190,717 at the end of the previous reported quarter. Aegis Financial Corp who had been investing in Delta Apparel Inc. for a number of months, seems to be less bullish one the $135.15M market cap company. The stock decreased 1.46% or $0.28 during the last trading session, reaching $18.95. About 905 shares traded. Delta Apparel, Inc. (NYSEMKT:DLA) has risen 3.47% since June 29, 2017 and is uptrending. It has underperformed by 9.10% the S&P500. Some Historical DLA News: 07/05/2018 – Delta Apparel 2Q Net $3.63M; 07/05/2018 – Delta Apparel 2Q EPS 48c; 13/03/2018 – Salt Life Launches Branded Craft Beer Line; 12/03/2018 – Delta Apparel Says Deal is For $16.35M Cash and Additional Payments Contingent on Certain Performance Targets; 13/03/2018 – DELTA APPAREL SAYS ON MARCH 9, CO, UNITS ENTERED INTO CONSENT AND SECOND AMENDMENT TO FIFTH AMENDED AND RESTATED CREDIT AGREEMENT – SEC FILING; 12/03/2018 – DELTA APPAREL UNIT BUYS DTG2GO FOR $16.35M; 12/03/2018 – DELTA APPAREL SEES ACQUISITION BOOSTING 2009 EPS BY 25C; 13/03/2018 – DELTA APPAREL – CO’S UNIT SALT LIFE LLC ACQUIRED MAJORITY INTEREST IN A NEW JV TO DEVELOP & MARKET A LINE OF SALT LIFE-BRANDED CRAFT BEER; 19/04/2018 – DJ Delta Apparel Inc, Inst Holders, 1Q 2018 (DLA); 12/03/2018 Art Gun Acquires DTG2Go Business

Analysts await Automatic Data Processing, Inc. (NASDAQ:ADP) to report earnings on July, 26. They expect $0.89 EPS, up 36.92% or $0.24 from last year’s $0.65 per share. ADP’s profit will be $392.06 million for 37.91 P/E if the $0.89 EPS becomes a reality. After $1.52 actual EPS reported by Automatic Data Processing, Inc. for the previous quarter, Wall Street now forecasts -41.45% negative EPS growth.

More notable recent Automatic Data Processing, Inc. (NASDAQ:ADP) news were published by: Nasdaq.com which released: “ADP to Announce Fourth Quarter Fiscal 2018 Financial Results on August 1, 2018” on June 22, 2018, also Benzinga.com with their article: “Reviewing Bill Ackman’s Q1 Trading Activity: Sells Nike and Howard Hughes” published on June 26, 2018, Prnewswire.com published: “ADP Uses Machine Learning and Artificial Intelligence to Drive a Data-Fueled Future of Work” on June 25, 2018. More interesting news about Automatic Data Processing, Inc. (NASDAQ:ADP) were released by: Seekingalpha.com and their article: “Buy Automatic Data Processing On Any Weakness” published on June 15, 2018 as well as Seekingalpha.com‘s news article titled: “Automatic Data Processing (ADP) Investor Presentation – Slideshow” with publication date: June 12, 2018.

Investors sentiment decreased to 0.72 in 2018 Q1. Its down 0.08, from 0.8 in 2017Q4. It fall, as 55 investors sold ADP shares while 461 reduced holdings. 88 funds opened positions while 285 raised stakes. 339.11 million shares or 0.28% more from 338.15 million shares in 2017Q4 were reported. Evanson Asset Management Limited Company reported 0.05% stake. North Star Invest Corp invested in 470 shares or 0.01% of the stock. Whalerock Point Partners Ltd Liability Corp has 0.84% invested in Automatic Data Processing, Inc. (NASDAQ:ADP) for 23,013 shares. Kayne Anderson Rudnick Invest Mgmt Limited Liability Corp reported 0.04% stake. Hartford Finance Management holds 1.51% or 26,358 shares. Hm Payson And Com holds 0.23% or 50,178 shares in its portfolio. Quantitative Systematic Strategies Lc has 0.43% invested in Automatic Data Processing, Inc. (NASDAQ:ADP). Vnbtrust Natl Association reported 1,800 shares. 1,815 are held by Telos Capital Inc. Utd Asset Strategies Inc reported 2,025 shares stake. Boltwood Capital Mgmt holds 0.49% or 6,300 shares. The North Carolina-based Captrust Fincl Advisors has invested 0.01% in Automatic Data Processing, Inc. (NASDAQ:ADP). Fcg Advsr Ltd Liability has invested 0.08% of its portfolio in Automatic Data Processing, Inc. (NASDAQ:ADP). Tiverton Asset has 7,335 shares. Ogorek Anthony Joseph New York Adv has 153 shares.

Since December 31, 2017, it had 0 insider purchases, and 29 insider sales for $43.72 million activity. Shares for $2.34M were sold by Flynn Edward B III. 947 shares valued at $115,319 were sold by Albinson Brock on Monday, January 22. Rodriguez Carlos A had sold 69,899 shares worth $7.85M. $5.68M worth of stock was sold by Siegmund Jan on Monday, January 1. Shares for $72,129 were sold by Black Maria on Tuesday, January 23. Politi Douglas W had sold 20,909 shares worth $2.42 million.

Among 19 analysts covering Automatic Data (NASDAQ:ADP), 5 have Buy rating, 2 Sell and 12 Hold. Therefore 26% are positive. Automatic Data had 69 analyst reports since August 3, 2015 according to SRatingsIntel. The firm has “Neutral” rating by Wedbush given on Friday, September 9. The stock of Automatic Data Processing, Inc. (NASDAQ:ADP) has “Neutral” rating given on Friday, July 29 by Robert W. Baird. RBC Capital Markets upgraded it to “Buy” rating and $13000 target in Monday, April 2 report. The stock has “Buy” rating by Argus Research on Tuesday, November 3. The stock has “Buy” rating by Goldman Sachs on Monday, December 11. Stifel Nicolaus maintained Automatic Data Processing, Inc. (NASDAQ:ADP) on Wednesday, January 31 with “Hold” rating. The stock has “Hold” rating by Robert W. Baird on Tuesday, October 3. The firm has “Hold” rating by Stifel Nicolaus given on Thursday, July 27. The company was maintained on Monday, November 6 by RBC Capital Markets. The stock of Automatic Data Processing, Inc. (NASDAQ:ADP) has “Equal-Weight” rating given on Thursday, February 1 by Barclays Capital.

Johnston Asset Management Corp, which manages about $4.21B and $2.35 billion US Long portfolio, upped its stake in Cognizant Technology Solutio (NASDAQ:CTSH) by 27,540 shares to 639,947 shares, valued at $51.52M in 2018Q1, according to the filing. It also increased its holding in Melco Resort Entertainment L (NASDAQ:MPEL) by 3.13 million shares in the quarter, for a total of 8.57M shares, and has risen its stake in Qiagen Nv.

Analysts await Delta Apparel, Inc. (NYSEAMERICAN:DLA) to report earnings on August, 7. They expect $0.59 EPS, up 3.51% or $0.02 from last year’s $0.57 per share. DLA’s profit will be $4.21M for 8.03 P/E if the $0.59 EPS becomes a reality. After $0.48 actual EPS reported by Delta Apparel, Inc. for the previous quarter, Wall Street now forecasts 22.92% EPS growth.

Investors sentiment decreased to 0.56 in Q1 2018. Its down 1.52, from 2.08 in 2017Q4. It dived, as 2 investors sold DLA shares while 25 reduced holdings. 7 funds opened positions while 8 raised stakes. 4.58 million shares or 0.81% more from 4.55 million shares in 2017Q4 were reported. Bragg Financial Advsrs Inc stated it has 68,444 shares. Tiaa Cref Inv Mngmt Ltd Liability holds 0% of its portfolio in Delta Apparel, Inc. (NYSEAMERICAN:DLA) for 17,264 shares. Advisory Ser Network Ltd Liability Corporation owns 68 shares. Bancshares Of Mellon invested in 32,943 shares or 0% of the stock. Bessemer has 0% invested in Delta Apparel, Inc. (NYSEAMERICAN:DLA). Laurion Cap Mngmt Limited Partnership stated it has 10,272 shares or 0% of all its holdings. Earnest Prtn Limited Liability Corp holds 0% or 1,300 shares. 493,879 were accumulated by Blackrock. 624,756 were reported by Dimensional Fund Advsr L P. Wilen Mngmt Corporation reported 662,475 shares stake. Strs Ohio owns 27,200 shares. National Bank & Trust Of America Corp De reported 0% in Delta Apparel, Inc. (NYSEAMERICAN:DLA). Macquarie Grp Limited holds 0% or 1,196 shares. Bridgeway Cap Management, a Texas-based fund reported 89,188 shares. Weber Alan W owns 0.34% invested in Delta Apparel, Inc. (NYSEAMERICAN:DLA) for 41,030 shares.

Automatic Data Processing, Inc. (NASDAQ:ADP) Institutional Positions Chart