BNP Paribas Asset Management Holding S.A. Adds $74M in Automatic Data Processing, Inc. ($ADP)
Key Points
- BNP Paribas Asset Management Holding S.A. changed its Automatic Data Processing, Inc. ($ADP) stake by 29.4% last quarter, boosting to 1,456,250 shares worth $326.35 million.
- Wall Street's consensus rating on $ADP is Hold and an average price target of $246.80.
- $ADP last traded around $224.10.
BNP Paribas Asset Management Holding S.A. increased its position in Automatic Data Processing, Inc. ($ADP) by 29.4% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,456,250 shares of Automatic Data Processing, Inc. after buying 330,530 shares during the quarter. BNP Paribas Asset Management Holding S.A.'s holdings in Automatic Data Processing, Inc. were worth $326.35 million as of its most recent filing.
Automatic Data Processing, Inc. ($ADP) Stock
Automatic Data Processing, Inc. Earnings
Automatic Data Processing, Inc. Dividend
Analysts Set New Price Targets
About Automatic Data Processing, Inc.
Automatic Data Processing, Inc. provides cloud-based human capital management (HCM) solutions worldwide. It operates in two segments, Employer Services and Professional Employer Organization (PEO). The Employer Services segment offers strategic, cloud-based platforms, and human resources (HR) outsourcing solutions. This segment's offerings include RUN Powered by ADP, a software platform for small business payroll, HR, and compliance; ADP Workforce Now, a HCM solution used across mid-sized and large businesses to manage employees; and ADP Lyric HCM, a solution for HR management, payroll, workforce management, talent, and data analytics. The PEO Services segment provides HR and employment administration outsourcing solutions under ADP TotalSource name to businesses through a co-employment model. The segment also provides guidance, user-friendly technology, comprehensive employee benefits, and a risk management, safety, and workers' compensation program. The company was founded in 1949 and is headquartered in Roseland, New Jersey.
See Also
This instant news alert was generated by automated narrative technology and financial data from Opentrades and public regulatory filings. It is for informational purposes only and is not financial advice.