In today’s session CyrusOne Inc (CONE) registered an unusually high (1,433) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the March, 2017 call, expecting serious CONE increase. With 1,433 contracts traded and 334 open interest for the Mar, 17 contract, it seems this is a quite bullish bet. The option with symbol: CONE170317C00045000 closed last at: $1.3 or 0% . About 414,339 shares traded hands. CyrusOne Inc (NASDAQ:CONE) has declined 7.58% since April 13, 2016 and is downtrending. It has underperformed by 11.51% the S&P500.
CyrusOne Inc (NASDAQ:CONE) Ratings Coverage
Out of 10 analysts covering Cyrusone Inc (NASDAQ:CONE), 9 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 90% are positive. Cyrusone Inc has been the topic of 21 analyst reports since August 6, 2015 according to StockzIntelligence Inc. The firm earned “Outperform” rating on Friday, February 26 by RBC Capital Markets. The rating was initiated by Wells Fargo with “Outperform” on Wednesday, June 1. As per Tuesday, August 11, the company rating was maintained by Deutsche Bank. On Monday, July 18 the stock rating was maintained by Deutsche Bank with “Buy”. As per Tuesday, November 24, the company rating was initiated by SunTrust. JP Morgan maintained the shares of CONE in a report on Thursday, March 24 with “Overweight” rating. RBC Capital Markets maintained CyrusOne Inc (NASDAQ:CONE) on Monday, November 9 with “Outperform” rating. The stock has “Buy” rating given by Suntrust Robinson on Tuesday, November 24. As per Tuesday, December 22, the company rating was initiated by JP Morgan. The rating was maintained by RBC Capital Markets on Wednesday, May 11 with “Outperform”.
According to Zacks Investment Research, “CyrusOne Inc. is a real estate investment trust engaged in providing enterprise data centre colocation, engineering facilities with the highest power redundancy (2N architecture) and power-density infrastructure services in the United States, Europe, and Asia. CyrusOne Inc. is headquartered in Carrollton, United States.”
Insitutional Activity: The institutional sentiment decreased to 1.28 in 2016 Q2. Its down 0.18, from 1.46 in 2016Q1. The ratio turned negative, as 25 funds sold all CyrusOne Inc shares owned while 88 reduced positions. 65 funds bought stakes while 80 increased positions. They now own 72.22 million shares or 2.15% less from 73.81 million shares in 2016Q1.
Nationwide Fund has invested 0.05% of its portfolio in CyrusOne Inc (NASDAQ:CONE). Barclays Public Ltd accumulated 7,561 shares or 0% of the stock. State Board Of Administration Of Florida Retirement Systems last reported 0.01% of its portfolio in the stock. Prudential Finance accumulated 1.08 million shares or 0.1% of the stock. State Bank Of Nova Scotia last reported 0.05% of its portfolio in the stock. Friedberg Investment Mgmt owns 107,750 shares or 2.83% of their US portfolio. Laffer owns 10,506 shares or 0% of their US portfolio. Zevin Asset Llc holds 1.28% of its portfolio in CyrusOne Inc (NASDAQ:CONE) for 82,910 shares. Sei Investments, a Pennsylvania-based fund reported 36,937 shares. State Street accumulated 802,994 shares or 0% of the stock. Teachers & Annuity Association Of America has invested 0.19% of its portfolio in CyrusOne Inc (NASDAQ:CONE). Hall Laurie J Trustee holds 0.01% or 170 shares in its portfolio. Verition Fund Mgmt Limited Liability Company reported 5,213 shares or 0.04% of all its holdings. Thompson Davis & holds 4,250 shares or 0.38% of its portfolio. Denver Lc last reported 0.89% of its portfolio in the stock.
CyrusOne Inc. is a real estate investment trust. The company has a market cap of $3.46 billion. The Firm is an owner, operator and developer of enterprise-class, carrier-neutral, multi-tenant data center properties. It has a 184.09 P/E ratio. The Company’s data centers are generally purpose-built facilities with redundant power and cooling.
CONE Company Profile
CyrusOne Inc., incorporated on July 31, 2012, is a real estate investment trust. The Firm 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 the CyrusOne footprint and beyond. The Firm has data centers in the United States, London and Singapore. The Firm provides mission-critical data center facilities that protect and ensure the continued operation of information technology (IT) infrastructure for approximately 930 clients in over 30 data centers and approximately two recovery centers in over 10 distinct markets, collectively providing approximately 2,954,000 net rentable square feet (NRSF).
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