1st Global Advisors Inc. reduced its position in shares of CyrusOne Inc (NASDAQ:CONE) by 30.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 9,145 shares of the company’s stock after selling 4,057 shares during the period. 1st Global Advisors Inc.’s holdings in CyrusOne were worth $342,000 as of its most recent filing with the SEC.

Separately, Fisher Asset Management increased its stake in shares of CyrusOne by 34.7% in the fourth quarter. Fisher Asset Management now owns 69,343 shares of the company’s stock valued at $2,597,000 after buying an additional 17,867 shares during the last quarter.

CyrusOne Inc (NASDAQ:CONE) opened at 35.85 on Friday. The company’s 50-day moving average is $36.36 and its 200 day moving average is $34.07. The stock’s market capitalization is $2.31 billion. CyrusOne Inc has a one year low of $27.03 and a one year high of $38.18.

CyrusOne (NASDAQ:CONE) last announced its quarterly earnings data on Thursday, November 5th. The company reported $0.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.54 by $0.03. The business had revenue of $111.20 million for the quarter, compared to analysts’ expectations of $108.58 million. During the same period in the prior year, the company posted $0.44 EPS. The firm’s revenue was up 31.1% on a year-over-year basis. Equities analysts expect that CyrusOne Inc will post $2.12 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Friday, January 8th. Shareholders of record on Thursday, December 24th were issued a $0.315 dividend. The ex-dividend date was Tuesday, December 22nd. This represents a $1.26 annualized dividend and a yield of 3.51%.

Several analysts have issued reports on CONE shares. Zacks Investment Research downgraded shares of CyrusOne from a “buy” rating to a “hold” rating in a research note on Friday, October 9th. JPMorgan Chase & Co. started coverage on shares of CyrusOne in a research note on Monday, December 28th. They issued a “buy” rating for the company. Jefferies Group reissued a “buy” rating on shares of CyrusOne in a research note on Monday, November 16th. SunTrust started coverage on shares of CyrusOne in a research note on Tuesday, November 24th. They issued a “buy” rating and a $43.00 price objective for the company. Finally, RBC Capital raised their price objective on shares of CyrusOne from $38.00 to $40.00 and gave the stock an “outperform” rating in a research note on Monday, November 9th. Four investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. CyrusOne currently has an average rating of “Buy” and an average price target of $40.58.

In other CyrusOne news, major shareholder Cincinnati Bell Inc sold 1,350,000 shares of the business’s stock in a transaction dated Monday, December 14th. The shares were sold at an average price of $35.30, for a total value of $47,655,000.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

CyrusOne Inc. (NASDAQ:CONE) is an owner, operator and developer of enterprise-class, carrier-neutral, multi-tenant data center properties. The Company’s data centers are purpose-built facilities, which have access to a range of telecommunications carriers. It provides mission-critical data center facilities that protect the information technology (IT) infrastructure for its clients. The CyrusOne National IX Platform (the National IX Platform) delivers interconnection across states and between metro-enabled sites within the CyrusOne footprint and beyond. As of July 1, 2015, the Company had approximately 900 customers. As of July 1, 2015, the Company’s property portfolio included 31 data centers across 12 markets in 10 cities in the United States, London and Singapore. The Company’s facilities cover approximately 500,000 gross square feet of space, including over 130,000 colocation square feet and around 100,000 square feet of work area recovery space.

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