|Bid||106.9100 x 300|
|Ask||106.9600 x 300|
|Day's Range||106.5850 - 107.9200|
|52 Week Range||85.4800 - 121.7700|
|PE Ratio (TTM)||27.76|
|Dividend & Yield||2.28 (2.14%)|
|1y Target Est||N/A|
Bill Ackman is scrutinizing Automatic Data Processing once again and drawing the ire of fellow hedge funders in the process. The CEO and founder of Pershing Square (PSHZF) took a look at the returns ADP is reporting under its current chief executive, Carlos Rodriguez, and believes they are wrong. "Those numbers are not correct, and one of the things we're going to point out in a presentation we're going to release tomorrow is that the company overstates their total shareholder return under the CEO's track record," Ackman said Wednesday .
Bill Ackman, founder of Pershing Square Capital Management, on Wednesday warned that Automatic Data Processing Inc. is at risk of becoming like IBM Corp. and again pressured the payrolls services company ...
Billionaire hedge fund manager William Ackman on Wednesday spoke to Main Street stockholders, asking this less affluent but hugely influential group to help him win a proxy contest at human resources outsourcing company Automatic Data Processing Inc. One of Wall Street's biggest investors, Ackman told ADP's retail owners, who own 28 percent of the company, they hold the key to the company's future. "Your vote will decide this election," Ackman said in the 2-minute, 11-second-long video released on Wednesday.