Zayo Group Holdings, Inc: John H. Scully’s Spo Advisory Corp Bought Stake

February 15, 2018 - By Ivan Hodges

 Zayo Group Holdings, Inc: John H. Scully's Spo Advisory Corp Bought Stake

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

Peak6 Invs L P owns 0.01% invested in Zayo Group Holdings, Inc. (NYSE:ZAYO) for 66,604 shares. Tower Capital Limited Liability Company (Trc) accumulated 0% or 1,100 shares. Comerica Retail Bank, Michigan-based fund reported 8,487 shares. Price T Rowe Assoc Inc Md holds 0% in Zayo Group Holdings, Inc. (NYSE:ZAYO) or 45,753 shares. Alkeon Lc stated it has 0.27% in Zayo Group Holdings, Inc. (NYSE:ZAYO). State Board Of Administration Of Florida Retirement System invested in 222,909 shares. Daiwa Secs Grp Incorporated invested in 5,100 shares. Partner Mngmt Limited Partnership accumulated 1.55% or 47,545 shares. Mitsubishi Ufj Trust And Bk stated it has 0.02% in Zayo Group Holdings, Inc. (NYSE:ZAYO). Princeton Port Strategies Gru Ltd Liability Corp invested in 0.19% or 20,600 shares. 7,720 were reported by Mutual Of America Limited Liability Corporation. Voya Mgmt Ltd Liability invested in 0.01% or 87,164 shares. The New York-based Marble Arch Invs L P has invested 2.81% in Zayo Group Holdings, Inc. (NYSE:ZAYO). Asset Mgmt Inc stated it has 0.01% in Zayo Group Holdings, Inc. (NYSE:ZAYO). Millennium Mgmt Ltd Liability Corp reported 0.11% stake.

Since August 23, 2017, it had 0 insider purchases, and 20 selling transactions for $198.88 million activity. The insider Richardson Nina sold 721 shares worth $24,853. Waters John F Jr. sold $324,359 worth of stock. Steinfort Matt sold $68,749 worth of stock or 1,891 shares. Connor Richard W. sold $40,105 worth of Zayo Group Holdings, Inc. (NYSE:ZAYO) on Friday, December 29. Another trade for 38,885 shares valued at $1.33 million was made by desGarennes Kenneth on Wednesday, August 23. The insider Crouch Andrew sold 22,803 shares worth $777,582.

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 1.41M 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. As per Monday, October 2, the company rating was maintained by RBC Capital Markets. The stock of Zayo Group Holdings, Inc. (NYSE:ZAYO) earned “Buy” rating by BTIG Research on Wednesday, April 20. Suntrust Robinson initiated Zayo Group Holdings, Inc. (NYSE:ZAYO) on Tuesday, December 13 with “Buy” rating. The stock of Zayo Group Holdings, Inc. (NYSE:ZAYO) has “Overweight” rating given on Monday, September 21 by JP Morgan. SunTrust initiated the stock with “Buy” rating in Tuesday, December 13 report. The firm earned “Outperform” rating on Thursday, December 1 by RBC Capital Markets. The firm earned “Buy” rating on Thursday, July 27 by RBC Capital Markets. The stock of Zayo Group Holdings, Inc. (NYSE:ZAYO) earned “Neutral” rating by Moffett Nathanson on Wednesday, August 5. The stock of Zayo Group Holdings, Inc. (NYSE:ZAYO) earned “Equal-Weight” rating by Morgan Stanley on Wednesday, December 14. The firm has “Buy” rating by RBC Capital Markets given on Monday, August 28.

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

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