TalkTalk Telecom Group PLC (LON:TALK) Upgraded By Numis; Zayo Group Holdings (ZAYO)’s Sentiment Is 1.32

May 22, 2018 - By Peter Erickson

Zayo Group Holdings, Inc. (NYSE:ZAYO) Logo

In a an analyst report revealed to investors on Tuesday morning, Numis has upgraded TalkTalk Telecom Group PLC (LON:TALK) stock to a Sell.

Zayo Group Holdings (ZAYO) investors sentiment increased to 1.32 in Q4 2017. It’s up 0.12, from 1.2 in 2017Q3. The ratio is more positive, as 141 hedge funds increased or started new stock positions, while 107 trimmed and sold holdings in Zayo Group Holdings. The hedge funds in our database now hold: 207.53 million shares, up from 202.87 million shares in 2017Q3. Also, the number of hedge funds holding Zayo Group Holdings in top ten stock positions was flat from 15 to 15 for the same number . Sold All: 29 Reduced: 78 Increased: 90 New Position: 51.

Ratings analysis reveals 50% of Zayo Group Holdings’s analysts are positive. Out of 6 Wall Street analysts rating Zayo Group Holdings, 3 give it “Buy”, 1 “Sell” rating, while 2 recommend “Hold”. The lowest target is $25.0 while the high is $40.0. The stock’s average target of $34.33 is 1.00% above today’s ($33.99) share price. ZAYO was included in 6 notes of analysts from December 1, 2016. The firm earned “Underperform” rating on Friday, February 10 by FBR Capital. The firm has “Buy” rating given on Tuesday, December 13 by SunTrust. RBC Capital Markets maintained it with “Outperform” rating and $38.0 target in Thursday, December 1 report. The rating was initiated by Stifel Nicolaus on Friday, January 13 with “Buy”. As per Friday, December 2, the company rating was downgraded by Moffett Nathanson. On Wednesday, December 14 the stock rating was downgraded by Morgan Stanley to “Equal-Weight”.

Since January 1, 0001, it had 0 buys, and 23 sales for $221.35 million activity.

The stock decreased 0.44% or $0.15 during the last trading session, reaching $33.99. About 1.72M shares traded. Zayo Group Holdings, Inc. (ZAYO) has risen 0.96% since May 22, 2017 and is uptrending. It has underperformed by 10.59% the S&P500.

More notable recent Zayo Group Holdings, Inc. (NYSE:ZAYO) news were published by: Benzinga.com which released: “4 Reasons Why BofA Is Bullish On Zayo Group” on May 18, 2018, also Seekingalpha.com with their article: “Zayo Group COO resigns; REIT conversion idea advances” published on May 03, 2018, Benzinga.com published: “Earnings Preview For Zayo Group Holdings” on May 03, 2018. More interesting news about Zayo Group Holdings, Inc. (NYSE:ZAYO) were released by: Seekingalpha.com and their article: “Zayo Group 2018 Q3 – Results – Earnings Call Slides” published on May 03, 2018 as well as Businesswire.com‘s news article titled: “Global Business Process Outsourcing Company Selects Zayo” with publication date: May 17, 2018.

Zayo Group Holdings, Inc., through its subsidiaries, provides bandwidth infrastructure solutions for the communications industry in the United States, Canada, and Europe. The company has market cap of $8.45 billion. The firm operates in six divisions: Fiber Solutions, Transport, Enterprise Networks, Zayo Colocation , Allstream, and Other. It has a 98.52 P/E ratio. The Fiber Solutions segment provides dark fiber, and fiber-to-the-tower and small cell mobile infrastructure services for carriers and other communication service providers, Internet service providers, wireless service providers, media and content companies, large enterprises, and other companies.

Marlowe Partners Lp holds 22.23% of its portfolio in Zayo Group Holdings, Inc. for 647,147 shares. 40 North Management Llc owns 1.67 million shares or 17.01% of their US portfolio. Moreover, Jhl Capital Group Llc has 14.48% invested in the company for 900,000 shares. The New York-based Sachem Head Capital Management Lp has invested 9.72% in the stock. Spo Advisory Corp, a California-based fund reported 12.53 million shares.

Analysts await Zayo Group Holdings, Inc. (NYSE:ZAYO) to report earnings on August, 20. They expect $0.09 EPS, down 30.77% or $0.04 from last year’s $0.13 per share. ZAYO’s profit will be $22.37M for 94.42 P/E if the $0.09 EPS becomes a reality. After $0.09 actual EPS reported by Zayo Group Holdings, Inc. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

The stock increased 0.77% or GBX 0.9337 during the last trading session, reaching GBX 121.4337. About 755,382 shares traded. TalkTalk Telecom Group PLC (LON:TALK) has 0.00% since May 22, 2017 and is . It has underperformed by 11.55% the S&P500.

Among 21 analysts covering TalkTalk Telecom Group PLC (LON:TALK), 5 have Buy rating, 10 Sell and 6 Hold. Therefore 24% are positive. TalkTalk Telecom Group PLC has GBX 500 highest and GBX 21 lowest target. GBX 162.50’s average target is 33.82% above currents GBX 121.4337 stock price. TalkTalk Telecom Group PLC had 169 analyst reports since July 23, 2015 according to SRatingsIntel. Credit Suisse maintained it with “Outperform” rating and GBX 280 target in Thursday, December 17 report. The stock of TalkTalk Telecom Group PLC (LON:TALK) earned “Sell” rating by Goldman Sachs on Wednesday, May 24. The firm earned “Underweight” rating on Thursday, May 11 by JP Morgan. The stock of TalkTalk Telecom Group PLC (LON:TALK) has “Sell” rating given on Thursday, September 15 by Haitong Securities. Citigroup maintained the shares of TALK in report on Thursday, October 8 with “Buy” rating. The company was maintained on Thursday, November 12 by Citigroup. The firm has “Sell” rating given on Monday, January 18 by Haitong Securities. Credit Suisse maintained TalkTalk Telecom Group PLC (LON:TALK) rating on Friday, April 21. Credit Suisse has “Outperform” rating and GBX 260 target. On Monday, November 30 the stock rating was maintained by Barclays Capital with “Overweight”. The stock has “Hold” rating by HSBC on Wednesday, June 15.

TalkTalk Telecom Group PLC provides fixed line, TV, and mobile telecommunications services. The company has market cap of 1.39 billion GBP. It offers landline, broadband, fiber, TV, and mobile services, including fixed price plans and unlimited broadband usage, as well as HomeSafe, a network security and filtering system. It currently has negative earnings. The firm also provides various business-grade communications services and products, including Internet access, data, voice, and mobile.

Zayo Group Holdings, Inc. (NYSE:ZAYO) Institutional Positions Chart

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