Dillon & Associates Inc. decreased its stake in shares of Automatic Data Processing, Inc. ( NASDAQ:ADP – Free Report ) by 2.6% during the 1st quarter, HoldingsChannel.com reports. The firm owned 72,331 shares of the business services provider's stock after selling 1,921 shares during the quarter. Automatic Data Processing accounts for 3.2% of Dillon & Associates Inc.'s holdings, making the stock its 9th largest position. Dillon & Associates Inc.'s holdings in Automatic Data Processing were worth $16,130,000 at the end of the most recent quarter.

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