Why John H. Scully’s Spo Advisory Corp Reported Zayo Group Holdings, Inc Position?

February 15, 2018 - By Vivian Currie

 Why John H. Scully's Spo Advisory Corp Reported Zayo Group Holdings, Inc Position?

Investors sentiment decreased to 1.2 in Q3 2017. Its down 0.14, from 1.34 in 2017Q2. It fall, 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.

Lpl Fin Ltd Com, a California-based fund reported 18,670 shares. 8,500 were reported by Ww Asset Management. Dekabank Deutsche Girozentrale reported 0% stake. Asset Mngmt One Limited, a Japan-based fund reported 312,368 shares. Paloma Prtn Com has 40,147 shares. 19,444 were accumulated by Pub Employees Retirement Association Of Colorado. Atlantic Tru Limited Liability Company stated it has 0% of its portfolio in Zayo Group Holdings, Inc. (NYSE:ZAYO). Ngam Advsrs L P holds 0.02% of its portfolio in Zayo Group Holdings, Inc. (NYSE:ZAYO) for 55,112 shares. Tower Rech Capital (Trc) reported 1,100 shares. Metropolitan Life New York holds 0% or 14,021 shares. First Republic Mgmt stated it has 0.01% in Zayo Group Holdings, Inc. (NYSE:ZAYO). Toronto Dominion State Bank has invested 0% of its portfolio in Zayo Group Holdings, Inc. (NYSE:ZAYO). Stifel Fincl Corp has 0.01% invested in Zayo Group Holdings, Inc. (NYSE:ZAYO). Rudman Errol M reported 108,000 shares. Wellington Management Ltd Liability Partnership holds 12,987 shares or 0% of its portfolio.

Since August 23, 2017, it had 0 buys, and 20 selling transactions for $198.88 million activity. Another trade for 812 shares valued at $28,379 was sold by Steinfort Matt. Shares for $10.98 million were sold by Caruso Daniel. Richardson Nina sold $24,853 worth of stock or 721 shares. 4.70M shares valued at $161.45 million were sold by GTCR FUND X/A LP on Tuesday, September 12. $40,105 worth of Zayo Group Holdings, Inc. (NYSE:ZAYO) was sold by Connor Richard W. on Friday, December 29. Crouch Andrew also sold $706,067 worth of Zayo Group Holdings, Inc. (NYSE:ZAYO) shares.

The New John H. Scully’s Spo Advisory Corp Holding in Zayo Group Holdings, Inc

Spo Advisory Corp reported SC 13G/A form with the SEC for Zayo Group Holdings, Inc. Access it here: 000089183618000024. As reported by John H. Scully’s Spo Advisory Corp, the filler owns 5.1% or 12,643,041 shares of the -company.

Zayo Group Holdings, Inc stake is new for [reportingPerson]. Date of activity: December 31, 2017. This shows John H. Scully’s Spo Advisory Corp’s positive view for Zayo Group Holdings, Inc.

The hedge fund is investor in the Finance sector. In the manager’s last 13-F, we saw 25% of John H. Scully’s Spo Advisory Corp’s portfolio is in the sector.

Zayo Group Holdings, Inc Institutional Sentiment

Filings show 130 investors own Zayo Group Holdings, Inc. The ownership in Q3 2015 is high, at Infinity of the outstanding shares. This is increased by 23893057. 94965921 were owned by these investors. 37 funds opened new Zayo Group Holdings, Inc stakes, 51 increased positions. There were 26 that closed positions and 30 reduced them.

13 investors had the stock in their top 10. Some are: Jhl Capital Group Llc, Marlowe Partners Lp, 40 North Management Llc, Cadian Capital Management Lp, Spo Advisory Corp, Archer Capital Management L.P., Hg Vora Capital Management Llc, Sachem Head Capital Management Lp, Beach Point Capital Management Lp, Oberndorf William E..

Marlowe Partners Lp is an investor bullish on Zayo Group Holdings, Inc, owning 795059 shares as of Q3 2015 for 13.24% of its portfolio. Permian Investment Partners Lp owns 2081412 shares or 12.54% of its portfolio. MA Battery Partners Viii Llc have 100.00% of its portfolio for 2586529 shares. Further, Fleming James B Jr reported stake worth 95.99% of its portfolio. The MA Battery Partners Vii Llc owns 8254086 shares. Zayo Group Holdings, Inc is 100.00% of its portfolio.

Business Profile

Zayo Group Holdings, Inc. provides communications infrastructure services, including fiber and bandwidth connectivity, colocation and cloud infrastructure to a range of businesses. The Company operates in five segments: Dark Fiber Solutions, Network Connectivity, Colocation and Cloud Infrastructure, Zayo Canada and Other. Its products include leased dark fiber, fiber to cellular towers and small cell sites, wavelength connections, Ethernet, Internet Protocol (IP) connectivity and cloud services. Its products and services enable high-bandwidth applications, such as cloud-based computing, video, mobile, social media and machine-to-machine connectivity. As of March 1, 2017, the Company operated 8,100 route miles of long haul fiber and 4,000 miles of dense metro fiber across Denver, Minneapolis, Phoenix, Portland, Seattle, Sacramento, San Francisco, San Jose, Salt Lake City, Spokane and Boise, with on-net connectivity to over 3,100 enterprise buildings and 100 data centers.

SEC Form 13G.

The stock increased 3.04% or $1.1 during the last trading session, reaching $37.28. About 1.41 million shares traded. Zayo Group Holdings, Inc. (NYSE:ZAYO) has risen 14.22% since February 15, 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 $9.25 billion. The firm operates in six divisions: Fiber Solutions, Transport, Enterprise Networks, Zayo Colocation , Allstream, and Other. It has a 108.06 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.

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

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 1.15% above currents $37.28 stock price. Zayo Group Holdings had 43 analyst reports since August 5, 2015 according to SRatingsIntel. Goldman Sachs maintained the shares of ZAYO in report on Monday, October 31 with “Buy” rating. JP Morgan downgraded the shares of ZAYO in report on Wednesday, May 10 to “Neutral” rating. The firm earned “Buy” rating on Tuesday, August 22 by Stifel Nicolaus. RBC Capital Markets maintained the stock with “Buy” rating in Thursday, February 8 report. The firm has “Mkt Perform” rating given on Wednesday, May 10 by Raymond James. RBC Capital Markets maintained Zayo Group Holdings, Inc. (NYSE:ZAYO) rating on Thursday, December 1. RBC Capital Markets has “Outperform” rating and $38 target. The stock has “Buy” rating by BTIG Research on Wednesday, April 20. The firm earned “Buy” rating on Monday, October 2 by RBC Capital Markets. The rating was upgraded by Macquarie Research on Monday, November 30 to “Outperform”. KeyBanc Capital Markets maintained Zayo Group Holdings, Inc. (NYSE:ZAYO) on Wednesday, October 11 with “Hold” rating.

More recent Zayo Group Holdings, Inc. (NYSE:ZAYO) news were published by: Businesswire.com which released: “Large Cloud Provider Selects Zayo for Wavelength Connectivity” on February 14, 2018. Also Businesswire.com published the news titled: “Zayo Group Holdings, Inc. Reports Financial Results for the Second Fiscal …” on February 07, 2018. Streetinsider.com‘s news article titled: “Zayo Group (ZAYO) to Acquire Neutral Path for $31.5M” with publication date: January 29, 2018 was also an interesting one.

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