Automatic Data Processing, Inc. (ADP) Trades at $119.39 After Triangle; Horizon Technology Finance (HRZN) Sentiment Is 1

Automatic Data Processing, Inc. (ADP) formed triangle with $111.03 target or 7.00% below today’s $119.39 share price. Automatic Data Processing, Inc. (ADP) has $52.95B valuation. The stock increased 0.78% or $0.92 during the last trading session, reaching $119.39. About 2.10M shares traded or 4.02% up from the average. Automatic Data Processing, Inc. (NASDAQ:ADP) has risen 15.83% since January 17, 2017 and is uptrending. It has underperformed by 0.87% the S&P500.

Horizon Technology Finance Corporation is a business development firm specializing in lending and and investing in development-stage investments. The company has market cap of $131.42 million. It focuses on making secured debt and venture lending investments to venture capital backed companies in the technology, life science, healthcare information and services, and cleantech industries. It has a 20.19 P/E ratio.

The stock decreased 0.95% or $0.11 during the last trading session, reaching $11.41. About 126,000 shares traded or 109.74% up from the average. Horizon Technology Finance Corporation (HRZN) has declined 4.01% since January 17, 2017 and is downtrending. It has underperformed by 20.71% the S&P500.

West Family Investments Inc. holds 0.1% of its portfolio in Horizon Technology Finance Corporation for 74,470 shares. Advisors Asset Management Inc. owns 349,600 shares or 0.07% of their US portfolio. Moreover, Brown Advisory Securities Llc has 0.05% invested in the company for 22,050 shares. The Maryland-based Founders Financial Securities Llc has invested 0.04% in the stock. Bridgeway Capital Management Inc, a Texas-based fund reported 204,900 shares.

Analysts await Horizon Technology Finance Corporation (NASDAQ:HRZN) to report earnings on March, 6. They expect $0.26 earnings per share, down 21.21% or $0.07 from last year’s $0.33 per share. HRZN’s profit will be $2.99M for 10.97 P/E if the $0.26 EPS becomes a reality. After $0.33 actual earnings per share reported by Horizon Technology Finance Corporation for the previous quarter, Wall Street now forecasts -21.21% negative EPS growth.

Investors sentiment decreased to 0.68 in 2017 Q3. Its down 0.09, from 0.77 in 2017Q2. It dived, as 60 investors sold Automatic Data Processing, Inc. shares while 457 reduced holdings. 109 funds opened positions while 241 raised stakes. 342.26 million shares or 3.77% less from 355.68 million shares in 2017Q2 were reported. Swiss Bancshares stated it has 2.27 million shares or 0.28% of all its holdings. Crestwood Grp Limited holds 4,321 shares or 0.04% of its portfolio. Mitsubishi Ufj Tru And invested in 0.2% or 1.01M shares. Ameriprise Fincl reported 0.11% stake. Pacad Inv Ltd reported 6,000 shares. Allen Mgmt Lc owns 3,280 shares. Lowe Brockenbrough & Co holds 0.42% or 24,829 shares. Bancorporation accumulated 2,739 shares. Fjarde Ap stated it has 0.23% of its portfolio in Automatic Data Processing, Inc. (NASDAQ:ADP). Cleararc Inc has invested 0.19% in Automatic Data Processing, Inc. (NASDAQ:ADP). Johnson Grp Inc Inc holds 0% of its portfolio in Automatic Data Processing, Inc. (NASDAQ:ADP) for 317 shares. Voya Management Limited Liability Corporation reported 196,455 shares. Moreover, Carderock Cap Mngmt has 2.35% invested in Automatic Data Processing, Inc. (NASDAQ:ADP) for 47,686 shares. Hightower Advsr Lc invested in 0.13% or 143,934 shares. Markston International Ltd Limited Liability Company accumulated 0.93% or 82,900 shares.

Analysts await Automatic Data Processing, Inc. (NASDAQ:ADP) to report earnings on February, 7. They expect $0.89 EPS, up 2.30% or $0.02 from last year’s $0.87 per share. ADP’s profit will be $394.70M for 33.54 P/E if the $0.89 EPS becomes a reality. After $0.91 actual EPS reported by Automatic Data Processing, Inc. for the previous quarter, Wall Street now forecasts -2.20% negative EPS growth.