Abner Herrman & Brock Lowered Automatic Data Processing (ADP) Position; Cohen & Steers REIT & Preferred Income Fund (RNP)’s Sentiment Is 1.47

Cohen & Steers REIT and Preferred Income Fund, Inc. is a closed-ended balanced mutual fund launched by Cohen & Steers Inc. The company has market cap of $904.24 million. It is managed by Cohen & Steers Capital Management, Inc. It has a 16.23 P/E ratio. The fund invests in the public equity and fixed income markets of the United States.

Abner Herrman & Brock Llc decreased Automatic Data Processing (ADP) stake by 2.93% reported in 2017Q3 SEC filing. Abner Herrman & Brock Llc sold 3,199 shares as Automatic Data Processing (ADP)’s stock declined 1.06%. The Abner Herrman & Brock Llc holds 105,841 shares with $11.57 million value, down from 109,040 last quarter. Automatic Data Processing now has $53.42B valuation. The stock decreased 2.56% or $3.17 during the last trading session, reaching $120.46. About 2.56 million shares traded or 24.71% up from the average. Automatic Data Processing, Inc. (NASDAQ:ADP) has risen 15.83% since February 2, 2017 and is uptrending. It has underperformed by 0.87% the S&P500.

The stock decreased 1.76% or $0.34 during the last trading session, reaching $19.01. About 239,433 shares traded or 78.72% up from the average. Cohen & Steers REIT and Preferred Income Fund, Inc. (RNP) has risen 6.26% since February 2, 2017 and is uptrending. It has underperformed by 10.44% the S&P500.

Mcgowan Group Asset Management Inc. holds 6.88% of its portfolio in Cohen & Steers REIT and Preferred Income Fund, Inc. for 1.67 million shares. Camelot Portfolios Llc owns 467,440 shares or 4.79% of their US portfolio. Moreover, Wespac Advisors Llc has 0.82% invested in the company for 58,297 shares. The Iowa-based Dubuque Bank & Trust Co has invested 0.69% in the stock. Stellar Capital Management Llc, a Arizona-based fund reported 25,695 shares.

Since September 1, 2017, it had 0 insider purchases, and 29 sales for $36.85 million activity. Dyson Deborah L also sold $184,720 worth of Automatic Data Processing, Inc. (NASDAQ:ADP) on Tuesday, January 2. Ayala John also sold $755,123 worth of Automatic Data Processing, Inc. (NASDAQ:ADP) on Tuesday, January 2. Black Maria had sold 2,239 shares worth $259,156 on Tuesday, January 2. Another trade for 3,663 shares valued at $390,267 was made by Albinson Brock on Friday, September 1. Sackman Stuart had sold 519 shares worth $55,346 on Friday, September 1. $11.31 million worth of stock was sold by Rodriguez Carlos A on Wednesday, January 3. 48,989 shares were sold by Siegmund Jan, worth $5.68M on Monday, January 1.

Analysts await Automatic Data Processing, Inc. (NASDAQ:ADP) to report earnings on February, 7. They expect $0.89 earnings per share, up 2.30% or $0.02 from last year’s $0.87 per share. ADP’s profit will be $394.71M for 33.84 P/E if the $0.89 EPS becomes a reality. After $0.91 actual earnings per share reported by Automatic Data Processing, Inc. for the previous quarter, Wall Street now forecasts -2.20% negative EPS growth.

Investors sentiment decreased to 0.68 in 2017 Q3. Its down 0.09, from 0.77 in 2017Q2. It worsened, as 60 investors sold ADP 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. Argyle Mngmt owns 3,760 shares. Heritage Wealth holds 0.15% of its portfolio in Automatic Data Processing, Inc. (NASDAQ:ADP) for 2,696 shares. Huntington Bancorporation owns 420,186 shares. Parthenon Limited Com invested in 0.12% or 4,700 shares. American Group has 0.09% invested in Automatic Data Processing, Inc. (NASDAQ:ADP) for 223,664 shares. 45 are owned by Trust Department Mb Financial Bank N A. Riverpoint Capital Mngmt Ltd Liability has invested 0.19% of its portfolio in Automatic Data Processing, Inc. (NASDAQ:ADP). Brighton Jones Lc holds 0.05% of its portfolio in Automatic Data Processing, Inc. (NASDAQ:ADP) for 3,442 shares. Centurylink Mngmt Comm stated it has 0.25% of its portfolio in Automatic Data Processing, Inc. (NASDAQ:ADP). Eaton Vance Mgmt owns 270,621 shares. Raymond James Fincl Serv holds 142,558 shares or 0.1% of its portfolio. Legal & General Grp Public Ltd Llc holds 0.21% of its portfolio in Automatic Data Processing, Inc. (NASDAQ:ADP) for 2.56 million shares. Moreover, Taurus Asset Management has 0.05% invested in Automatic Data Processing, Inc. (NASDAQ:ADP). Cls Investments Ltd Co accumulated 100 shares. Zurcher Kantonalbank (Zurich Cantonalbank) accumulated 103,833 shares.

Abner Herrman & Brock Llc increased American International Group (NYSE:AIG) stake by 11,896 shares to 71,156 valued at $4.37 million in 2017Q3. It also upped Bank Of New York Mellon Corp (NYSE:BK) stake by 8,767 shares and now owns 190,159 shares. Nucor Corp (NYSE:NUE) was raised too.