Nuveen California Quality Municipal Income Fund (NAC) Forms $13.36 Double Bottom; 5 Analysts Covering Automatic Data Processing, Inc. (ADP)

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Nuveen California Quality Municipal Income Fund (NAC) formed double bottom with $12.96 target or 3.00% below today’s $13.36 share price. Nuveen California Quality Municipal Income Fund (NAC) has $1.94 billion valuation. The stock increased 0.07% or $0.01 during the last trading session, reaching $13.36. About 34,375 shares traded. Nuveen California Quality Municipal Income Fund (NYSE:NAC) has declined 7.04% since May 4, 2017 and is downtrending. It has underperformed by 18.59% the S&P500.

Among 19 analysts covering Automatic Data (NASDAQ:ADP), 5 have Buy rating, 2 Sell and 12 Hold. Therefore 26% are positive. Automatic Data had 63 analyst reports since August 3, 2015 according to SRatingsIntel. Citigroup maintained Automatic Data Processing, Inc. (NASDAQ:ADP) on Friday, January 12 with “Hold” rating. The rating was maintained by Argus Research with “Buy” on Tuesday, November 3. The firm earned “Neutral” rating on Friday, July 29 by Citigroup. The rating was maintained by Morgan Stanley with “Equal-Weight” on Tuesday, November 14. The firm has “Hold” rating given on Wednesday, January 31 by Stifel Nicolaus. As per Thursday, February 1, the company rating was maintained by Barclays Capital. BMO Capital Markets maintained Automatic Data Processing, Inc. (NASDAQ:ADP) on Tuesday, September 12 with “Hold” rating. The stock of Automatic Data Processing, Inc. (NASDAQ:ADP) earned “Hold” rating by Robert W. Baird on Wednesday, January 31. Stifel Nicolaus maintained the stock with “Hold” rating in Monday, August 28 report. William Blair upgraded Automatic Data Processing, Inc. (NASDAQ:ADP) on Monday, August 31 to “Outperform” rating. See Automatic Data Processing, Inc. (NASDAQ:ADP) latest ratings:

03/05/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $114 New Target: $122 Maintain
03/05/2018 Broker: BMO Capital Markets Old Rating: Market Perform New Rating: Market Perform Old Target: $118 New Target: $126 Maintain
18/04/2018 Broker: BMO Capital Markets Rating: Hold New Target: $118.0000 Maintain
17/04/2018 Broker: Bank of America Rating: Buy New Target: $138.0000 Maintain
04/04/2018 Broker: Stifel Nicolaus Old Rating: Hold New Rating: Hold Old Target: $133 New Target: $126 Maintain
02/04/2018 Broker: RBC Capital Markets Rating: Buy New Target: $130.0000 Upgrade
01/02/2018 Broker: RBC Capital Markets Rating: Hold New Target: $119.0 Maintain
31/01/2018 Broker: Robert W. Baird Rating: Hold New Target: $128.0 Maintain
01/02/2018 Broker: Barclays Capital Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $121 New Target: $128 Maintain
31/01/2018 Broker: Stifel Nicolaus Rating: Hold New Target: $133.0 Maintain

The stock increased 0.89% or $1.101 during the last trading session, reaching $124.201. About 439,506 shares traded. Automatic Data Processing, Inc. (NASDAQ:ADP) has risen 9.09% since May 4, 2017 and is uptrending. It has underperformed by 2.46% the S&P500.

Automatic Data Processing, Inc., together with its subsidiaries, provides business process outsourcing services worldwide. The company has market cap of $55.06 billion. The firm operates through two divisions, Employer Services and Professional Employer Organization Services. It has a 32.09 P/E ratio. The Employer Services segment offers various human resources (HR) business process outsourcing and technology-enabled human capital management solutions to clients.

More notable recent Automatic Data Processing, Inc. (NASDAQ:ADP) news were published by: Nasdaq.com which released: “ADP Reports Third Quarter Fiscal 2018 Results” on May 02, 2018, also Globenewswire.com with their article: “ADP Increases Cash Dividend” published on April 11, 2018, Benzinga.com published: “Chaikin: Don’t Worry, We’re In A Normal Market” on May 01, 2018. More interesting news about Automatic Data Processing, Inc. (NASDAQ:ADP) were released by: Streetinsider.com and their article: “ADP (ADP) Tops Q3 EPS by 8c” published on May 02, 2018 as well as Prnewswire.com‘s news article titled: “ADP Earns Top 10 Spot on 2018 Top 50 Companies List from DiversityInc” with publication date: May 02, 2018.

Investors sentiment increased to 0.8 in Q4 2017. Its up 0.12, from 0.68 in 2017Q3. It is positive, as 50 investors sold Automatic Data Processing, Inc. shares while 442 reduced holdings. 113 funds opened positions while 282 raised stakes. 338.15 million shares or 1.20% less from 342.26 million shares in 2017Q3 were reported. Burns J W And Co Incorporated New York has 3,655 shares. 24,500 are held by Old Mutual Customised Solutions (Proprietary) Ltd. Birch Hill Inv Advsrs Limited Co reported 37,516 shares or 0.36% of all its holdings. Papp L Roy Associate reported 11,900 shares. Schroder Invest Gp has invested 0.08% in Automatic Data Processing, Inc. (NASDAQ:ADP). Mufg Americas holds 0.41% of its portfolio in Automatic Data Processing, Inc. (NASDAQ:ADP) for 117,426 shares. Spears Abacus Advsrs Ltd Llc has invested 0.16% in Automatic Data Processing, Inc. (NASDAQ:ADP). Df Dent & has 0.04% invested in Automatic Data Processing, Inc. (NASDAQ:ADP) for 13,793 shares. Bragg Fin Advsrs Inc holds 0.17% in Automatic Data Processing, Inc. (NASDAQ:ADP) or 9,973 shares. Mountain Pacific Investment Advisers Id accumulated 9,650 shares. Opus Cap Group Ltd Liability Corporation has invested 0.05% in Automatic Data Processing, Inc. (NASDAQ:ADP). Field Main Bank accumulated 3,425 shares. Cambridge Advisors, a Nebraska-based fund reported 9,550 shares. Perigon Wealth Management Llc has invested 0.56% of its portfolio in Automatic Data Processing, Inc. (NASDAQ:ADP). Middleton & Ma invested in 5,216 shares or 0.1% of the stock.

Automatic Data Processing, Inc. (NASDAQ:ADP) Institutional Positions Chart