Summary of Paychex, Inc. (NASDAQ:PAYX) Ratings as of May 16, 2018

May 16, 2018 - By Damon Whitfield

Paychex, Inc. (NASDAQ:PAYX) Corporate Logo
Big Money Sentiment decreased to 0.92 in 2017 Q4. It has change of 0.10, from 2017Q3’s 1.02. The ratio turned negative due to Paychex, Inc. positioning: 39 sold and 306 reduced. 93 funds bought positions and 226 increased positions. Investors holded 238.82 million in 2017Q3 but now own 238.43 million shares or 0.16% less.
Canada Pension Plan Investment Board accumulated 0.01% or 99,110 shs. Bessemer Group has invested 0.01% of its capital in Paychex, Inc. (NASDAQ:PAYX). Rhumbline Advisers reported 731,591 shs. Moreover, Provise Group Ltd Llc has 0.04% invested in Paychex, Inc. (NASDAQ:PAYX). Lenox Wealth Advsr accumulated 1,189 shs or 0.02% of the stock. Payden And Rygel stated it has 2.01% in Paychex, Inc. (NASDAQ:PAYX). Bp Public Ltd Com holds 0.09% of its capital in Paychex, Inc. (NASDAQ:PAYX) for 37,000 shs. Utd Capital Fin Advisers Limited Liability Com owns 0.03% invested in Paychex, Inc. (NASDAQ:PAYX) for 62,823 shs. Pnc Fincl Group Inc Inc reported 0.04% of its capital in Paychex, Inc. (NASDAQ:PAYX). Commonwealth Of Pennsylvania Pub School Empls Retrmt reported 0.03% stake. Peoples Financial Service Corporation accumulated 180 shs. Kbc Gru Nv invested in 0.01% or 25,219 shs. 23,108 are owned by Train Babcock Advsr Lc. Boston Llc holds 12,160 shs. Mastrapasqua Asset Management Incorporated owns 89,509 shs or 1.23% of their US capital.

Paychex, Inc. had 3 selling transactions and 0 insider purchases since January 4, 2018. This’s net activity of $9.83 million. The insider Gioja Michael E sold 34,311 shs worth $2.36 million.

Paychex, Inc. (NASDAQ:PAYX) Ratings Coverage

Total analysts of 9 have positions in Paychex (NASDAQ:PAYX) as follows: 1 rated it a “Buy”, 0 with “Sell” and 8 with “Hold”. The positive are 11%. Since November 20, 2017 according to StockzIntelligence Inc Paychex has 20 analyst reports. On Monday, April 2 the firm has “Hold” rating given by RBC Capital Markets. On Thursday, December 21 the firm earned “Hold” rating by BMO Capital Markets. On Tuesday, April 17 the stock has “Hold” rating by Bank of America. On Monday, March 26 the firm has “Sell” rating by RBC Capital Markets given. On Monday, January 22 the firm earned “Hold” rating by BMO Capital Markets. On Monday, March 26 the stock has “Hold” rating by Stifel Nicolaus. On Tuesday, March 27 the rating was maintained by Barclays Capital with “Equal-Weight”. On Monday, November 20 the firm has “Sell” rating by RBC Capital Markets given. On Wednesday, March 28 Citigroup maintained Paychex, Inc. (NASDAQ:PAYX) rating. Citigroup has “Neutral” rating and $64 target. On Thursday, December 21 the firm earned “Sell” rating by RBC Capital Markets. Listed here are Paychex, Inc. (NASDAQ:PAYX) PTs and latest ratings.

17/04/2018 Broker: Bank of America Rating: Hold Downgrade
02/04/2018 Broker: Argus Research Rating: Buy
02/04/2018 Broker: RBC Capital Markets Rating: Hold New Target: $63.0000 Upgrade
28/03/2018 Broker: Citigroup Old Rating: Neutral New Rating: Neutral Old Target: $67 New Target: $64 Maintain
27/03/2018 Broker: Barclays Capital Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $75 New Target: $70 Maintain
26/03/2018 Broker: BMO Capital Markets Rating: Hold New Target: $63.0000 Maintain
27/03/2018 Broker: JP Morgan Old Rating: Neutral New Rating: Neutral Old Target: $69 New Target: $65 Maintain
26/03/2018 Broker: Robert W. Baird Rating: Hold New Target: $67.0000 Maintain
26/03/2018 Broker: Stifel Nicolaus Rating: Hold New Target: $66.0000 Maintain
26/03/2018 Broker: RBC Capital Markets Rating: Sell New Target: $63.0000 Maintain

PAYX is reaching $65.145 during the last trading session, after increased 1.36%.Currently Paychex, Inc. is downtrending after 1.72% change in last May 16, 2017. PAYX has 897,611 shares volume. PAYX underperformed by 13.27% the S&P500.

Paychex, Inc. provides payroll, human resource , retirement, and insurance services for small to medium-sized businesses in the United States and Germany.The company has $23.41 billion market cap. The firm offers payroll processing services that include payroll tax administration services; employee payment services; and regulatory compliance services, such as new-hire reporting and garnishment processing.28.08 is the P/E ratio. It also provides HR outsourcing services, such as Paychex HR solutions comprising payroll, employer compliance, HR and employee benefits administration, risk management outsourcing, and the on-site availability of a professionally trained HR representative; and retirement services administration, including plan implementation, ongoing compliance with government regulations, employee and employer reporting, participant and employer online access, electronic funds transfer, and other administrative services.

Paychex, Inc. (NASDAQ:PAYX) Institutional Investors Chart

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