Zayo Group Holdings, Inc. (ZAYO)’s Insider Daniel Caruso Unloaded 26,332 Shares of the Company; Blackrock New Jersey Municipal Income Trust (BNJ)’s Sentiment Is 2.67

March 14, 2018 - By Marguerite Chambers

Daniel Caruso who holds the position of a CEO of Zayo Group Holdings Inc recently sold 26,332 shares of the public firm. The substantial insider transaction has $992,716 U.S. Dollars total value, at an average stock price per share of $37.7. This is not his first insider trade, in the last 30 days, he unloaded another 253,240 shares worth $9,319,800 USD. This big sale occurred on 13-03-2018 and was that was filed with the Security and Exchange Commission. The legal document is available here. This big sell is sure to get speculators talking about the company. Daniel Caruso now has rights to 9.66 million shares of Zayo Group Holdings Inc.

It closed at $14.23 lastly. It is down 5.00% since March 14, 2017 and is downtrending. It has underperformed by 21.70% the S&P500.

The stock decreased 2.58% or $0.97 during the last trading session, reaching $36.65. About 3.28M shares traded or 79.85% up from the average. Zayo Group Holdings, Inc. (NYSE:ZAYO) has risen 14.22% since March 14, 2017 and is uptrending. It has underperformed by 2.48% the S&P500.

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 $9.09 billion. The firm operates in six divisions: Fiber Solutions, Transport, Enterprise Networks, Zayo Colocation , Allstream, and Other. It has a 106.23 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.

Investors sentiment increased to 1.32 in Q3 2017. Its up 0.12, from 1.2 in 2017Q2. It increased, as 39 investors sold Zayo Group Holdings, Inc. shares while 77 reduced holdings. 41 funds opened positions while 98 raised stakes. 202.87 million shares or 6.79% more from 189.97 million shares in 2017Q2 were reported. Stifel Financial Corporation reported 101,973 shares. Manning And Napier Advsrs Ltd reported 4.58M shares stake. Cibc Asset Inc reported 10,255 shares. Mutual Of America Capital Ltd Liability Company invested in 7,720 shares or 0% of the stock. Chicago Equity Partners Ltd Liability Company reported 21,250 shares or 0.02% of all its holdings. Jhl Ltd Llc reported 17.96% stake. Old Mutual Customised Solutions (Proprietary) Limited owns 3,600 shares or 0.02% of their US portfolio. Mackenzie reported 16,929 shares. Cibc Ww Corp stated it has 200,000 shares or 0.07% of all its holdings. Ngam Advsr Lp accumulated 0.02% or 55,112 shares. Pacific Alternative Asset Company Ltd Liability Company stated it has 52,515 shares or 0.2% of all its holdings. State Common Retirement Fund owns 415,383 shares for 0.02% of their portfolio. Aperio Grp Inc Ltd Liability Co invested 0.01% of its portfolio in Zayo Group Holdings, Inc. (NYSE:ZAYO). State Of Wisconsin Investment Board owns 209,124 shares for 0.02% of their portfolio. Dodge Cox invested in 23.77M shares.

Among 21 analysts covering Zayo Group Holdings (NYSE:ZAYO), 14 have Buy rating, 1 Sell and 6 Hold. Therefore 67% are positive. Zayo Group Holdings has $4500 highest and $25 lowest target. $37.71’s average target is 2.89% above currents $36.65 stock price. Zayo Group Holdings had 43 analyst reports since August 5, 2015 according to SRatingsIntel. The stock of Zayo Group Holdings, Inc. (NYSE:ZAYO) has “Hold” rating given on Wednesday, October 11 by KeyBanc Capital Markets. The firm earned “Buy” rating on Tuesday, December 13 by SunTrust. The rating was maintained by Cowen & Co on Friday, August 11 with “Buy”. The stock of Zayo Group Holdings, Inc. (NYSE:ZAYO) has “Equal-Weight” rating given on Friday, August 26 by Stephens. As per Thursday, November 9, the company rating was maintained by RBC Capital Markets. The stock of Zayo Group Holdings, Inc. (NYSE:ZAYO) has “Neutral” rating given on Wednesday, May 10 by JP Morgan. Macquarie Research upgraded the stock to “Outperform” rating in Monday, November 30 report. BTIG Research upgraded Zayo Group Holdings, Inc. (NYSE:ZAYO) rating on Wednesday, April 20. BTIG Research has “Buy” rating and $31 target. The firm has “Overweight” rating by Morgan Stanley given on Thursday, February 8. Raymond James downgraded Zayo Group Holdings, Inc. (NYSE:ZAYO) on Wednesday, May 10 to “Mkt Perform” rating.

Analysts await Zayo Group Holdings, Inc. (NYSE:ZAYO) to report earnings on May, 8. They expect $0.12 earnings per share, down 7.69% or $0.01 from last year’s $0.13 per share. ZAYO’s profit will be $29.77 million for 76.35 P/E if the $0.12 EPS becomes a reality. After $0.23 actual earnings per share reported by Zayo Group Holdings, Inc. for the previous quarter, Wall Street now forecasts -47.83% negative EPS growth.

Since September 22, 2017, it had 0 buys, and 19 sales for $35.43 million activity. Caruso Daniel sold $4.55 million worth of stock or 123,738 shares. $24,853 worth of Zayo Group Holdings, Inc. (NYSE:ZAYO) was sold by Richardson Nina on Saturday, September 30. 812 Zayo Group Holdings, Inc. (NYSE:ZAYO) shares with value of $28,379 were sold by Steinfort Matt. On Wednesday, January 3 the insider Crouch Andrew sold $706,067. Connor Richard W. also sold $40,105 worth of Zayo Group Holdings, Inc. (NYSE:ZAYO) shares. Waters John F Jr. also sold $324,359 worth of Zayo Group Holdings, Inc. (NYSE:ZAYO) on Tuesday, October 3.

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