Zayo Group Holdings (NYSE:ZAYO) Q4 2018 Sentiment Report

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

Sentiment for Zayo Group Holdings (NYSE:ZAYO)

Zayo Group Holdings (NYSE:ZAYO) institutional sentiment decreased to 0.99 in 2018 Q4. Its down -0.98, from 1.97 in 2018Q3. The ratio worsened, as 149 investment managers started new or increased positions, while 150 sold and decreased their equity positions in Zayo Group Holdings. The investment managers in our partner’s database now possess: 208.56 million shares, down from 216.91 million shares in 2018Q3. Also, the number of investment managers holding Zayo Group Holdings in their top 10 positions increased from 10 to 12 for an increase of 2. Sold All: 65 Reduced: 85 Increased: 89 New Position: 60.

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 $6.55 billion. The firm operates in six divisions: Fiber Solutions, Transport, Enterprise Networks, Zayo Colocation , Allstream, and Other. It has a 59.21 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.

The stock decreased 1.27% or $0.36 during the last trading session, reaching $27.89. About 4.84M shares traded. Zayo Group Holdings, Inc. (NYSE:ZAYO) has declined 30.33% since March 17, 2018 and is downtrending. It has underperformed by 34.70% the S&P500.

Analysts await Zayo Group Holdings, Inc. (NYSE:ZAYO) to report earnings on May, 2. They expect $0.18 EPS, up 100.00 % or $0.09 from last year’s $0.09 per share. ZAYO’s profit will be $42.28M for 38.74 P/E if the $0.18 EPS becomes a reality. After $0.13 actual EPS reported by Zayo Group Holdings, Inc. for the previous quarter, Wall Street now forecasts 38.46 % EPS growth.

Marlowe Partners Lp holds 26.18% of its portfolio in Zayo Group Holdings, Inc. for 1.27 million shares. Archer Capital Management L.P. owns 154,100 shares or 21.77% of their US portfolio. Moreover, Seatown Holdings Pte. Ltd. has 5.91% invested in the company for 595,658 shares. The New York-based Senator Investment Group Lp has invested 5.73% in the stock. Beach Point Capital Management Lp, a California-based fund reported 861,461 shares.

Since January 1, 0001, it had 0 insider purchases, and 9 insider sales for $10.71 million activity.

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

Ratings analysis reveals 71% of Zayo Group Holdings’s analysts are positive. Out of 7 Wall Street analysts rating Zayo Group Holdings, 5 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $30 while the high is $75. The stock’s average target of $42.17 is 51.20% above today’s ($27.89) share price. ZAYO was included in 8 notes of analysts from November 8, 2018. JP Morgan upgraded Zayo Group Holdings, Inc. (NYSE:ZAYO) on Wednesday, November 28 to “Overweight” rating. The stock has “Buy” rating by Deutsche Bank on Monday, February 11. BTIG Research downgraded Zayo Group Holdings, Inc. (NYSE:ZAYO) on Thursday, November 8 to “Neutral” rating. The stock of Zayo Group Holdings, Inc. (NYSE:ZAYO) has “Outperform” rating given on Thursday, November 8 by Raymond James. The stock of Zayo Group Holdings, Inc. (NYSE:ZAYO) earned “Buy” rating by J.P. Morgan on Wednesday, November 28. The stock of Zayo Group Holdings, Inc. (NYSE:ZAYO) has “Neutral” rating given on Thursday, November 8 by UBS. Deutsche Bank maintained Zayo Group Holdings, Inc. (NYSE:ZAYO) on Wednesday, November 14 with “Buy” rating.

More notable recent Zayo Group Holdings, Inc. (NYSE:ZAYO) news were published by: Seekingalpha.com which released: “Wells Fargo sees $35/share Zayo base case (update) – Seeking Alpha” on March 11, 2019, also Businesswire.com with their article: “Webscale Company Selects Zayo for Wavelengths – Business Wire” published on February 22, 2019, Businesswire.com published: “Zayo Executives to Present at February Investor Conferences – Business Wire” on February 22, 2019. More interesting news about Zayo Group Holdings, Inc. (NYSE:ZAYO) were released by: Streetinsider.com and their article: “Zayo Group (ZAYO) says Board evaluating strategic alternatives that may enhance shareholder value – StreetInsider.com” published on March 06, 2019 as well as Seekingalpha.com‘s news article titled: “Zayo +2.4% on Starboard request for sale – Seeking Alpha” with publication date: March 07, 2019.

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

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