Zayo Group Holdings, Inc. (ZAYO) Analysts See $0.12 EPS

October 13, 2018 - By Hazel Jackson

Zayo Group Holdings, Inc. (NYSE:ZAYO) LogoInvestors sentiment increased to 1.72 in Q2 2018. Its up 0.51, from 1.21 in 2018Q1. It is positive, as 35 investors sold Zayo Group Holdings, Inc. shares while 62 reduced holdings. 47 funds opened positions while 120 raised stakes. 220.58 million shares or 5.13% more from 209.81 million shares in 2018Q1 were reported.
American Group Inc stated it has 0% of its portfolio in Zayo Group Holdings, Inc. (NYSE:ZAYO). Commonwealth Bankshares Of Aus has invested 0% in Zayo Group Holdings, Inc. (NYSE:ZAYO). Verition Fund Mngmt Ltd Llc reported 9,746 shares stake. Morgan Stanley holds 0.02% in Zayo Group Holdings, Inc. (NYSE:ZAYO) or 1.84 million shares. Point72 Asset L P stated it has 3.74 million shares. California State Teachers Retirement reported 325,996 shares. Picton Mahoney Asset stated it has 0.39% in Zayo Group Holdings, Inc. (NYSE:ZAYO). Mutual Of America Cap Management Limited Co reported 0% of its portfolio in Zayo Group Holdings, Inc. (NYSE:ZAYO). Uss Inv Mgmt Limited owns 1.32% invested in Zayo Group Holdings, Inc. (NYSE:ZAYO) for 3.31M shares. 63 are held by Earnest Prtn Ltd Com. Highland Cap Mgmt Limited Partnership reported 0.02% in Zayo Group Holdings, Inc. (NYSE:ZAYO). Catalyst Advsrs Llc owns 274 shares. First Quadrant Lp Ca holds 0.04% or 61,128 shares in its portfolio. Schwab Charles Invest Management Inc holds 799,352 shares. Northwestern Mutual Wealth Management Company owns 0.01% invested in Zayo Group Holdings, Inc. (NYSE:ZAYO) for 41,196 shares.

Since April 18, 2018, it had 0 insider purchases, and 11 selling transactions for $21.44 million activity. Steinfort Matt had sold 1,730 shares worth $64,546. Shares for $10.00 million were sold by Caruso Daniel. 2,500 shares valued at $93,750 were sold by Connor Richard W. on Wednesday, April 18. Waters John F Jr. sold $144,667 worth of stock or 3,869 shares.

Analysts expect Zayo Group Holdings, Inc. (NYSE:ZAYO) to report $0.12 EPS on November, 5.They anticipate $0.01 EPS change or 9.09 % from last quarter’s $0.11 EPS. ZAYO’s profit would be $29.58 million giving it 64.48 P/E if the $0.12 EPS is correct. After having $0.18 EPS previously, Zayo Group Holdings, Inc.’s analysts see -33.33 % EPS growth. The stock increased 0.06% or $0.02 during the last trading session, reaching $30.95. About 6.03M shares traded or 134.70% up from the average. Zayo Group Holdings, Inc. (NYSE:ZAYO) has declined 0.14% since October 13, 2017 and is downtrending. It has underperformed by 15.76% the S&P500.

Zayo Group Holdings, Inc. (NYSE:ZAYO) Ratings Coverage

Among 4 analysts covering Zayo Group Holdings (NYSE:ZAYO), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Zayo Group Holdings had 4 analyst reports since April 18, 2018 according to SRatingsIntel. The company was upgraded on Wednesday, April 18 by Deutsche Bank. Cowen & Co maintained it with “Buy” rating and $4400 target in Friday, May 4 report.

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 $7.63 billion. The firm operates in six divisions: Fiber Solutions, Transport, Enterprise Networks, Zayo Colocation , Allstream, and Other. It has a 75.49 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.

More recent Zayo Group Holdings, Inc. (NYSE:ZAYO) news were published by: Businesswire.com which released: “Zayo to Host First Quarter Fiscal Year 2019 Conference Call November 7, 2018” on October 08, 2018. Also Seekingalpha.com published the news titled: “Zayo expanding fiber nets in four European markets” on October 12, 2018. Seekingalpha.com‘s news article titled: “Leading Mexican carrier selects Zayo for IP solution” with publication date: September 28, 2018 was also an interesting one.

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

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