Paychex, Inc. (NASDAQ:PAYX) Shares Bought by Schroder Investment Management Group

Author

17 September, 2017

On average, analysts anticipate that Paychex, Inc. will post $2.37 earnings per share for the current fiscal year. The institutional investor held 86,464 shares of the consumer services company at the end of 2016Q4, valued at $5.26M, up from 80,443 at the end of the previous reported quarter.

Amid the topmost stocks in today's market is Paychex, Inc. The stock was sold at an average price of $57.82, for a total value of $346,920.00. RI now owns 38,398 shares of the business services provider's stock worth $2,262,000 after purchasing an additional 232 shares during the period. After a recent check, it is observed that the insiders for the firm now own 10.70% shares. It has underperformed by 5.48% the S&P500. Roth Capital upgraded Glu Mobile Inc. During the same period in the prior year, the company earned $0.49 EPS. (NASDAQ:CYNO). Perceptive Advisors Ltd Liability Corporation, a New York-based fund reported 1,800 shares. The company has a market cap of $20.79 billion, a P/E ratio of 25.71 and a beta of 0.96. It closed at $8.58 lastly. The legal version of this article can be viewed at https://stocknewstimes.com/2017/09/16/schroder-investment-management-group-has-56-93-million-position-in-paychex-inc-payx.html. They expect $1.04 earnings per share, up 14.29% or $0.13 from last year's $0.91 per share. The stock increased 1.45% or $0.83 during the last trading session, reaching $58.16. Jefferies Group Llc acquired 5,290 shares as Paychex Inc (PAYX)'s stock declined 2.74%. The firm owned 1,004,219 shares of the business services provider's stock after buying an additional 11,462 shares during the quarter. (NASDAQ:PAYX) by 228.5% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. (NASDAQ:PAYX) for 10,674 shares. Sei Invs Company stated it has 0.02% of its portfolio in Cynosure, Inc. Of those transactions, there were 132,250 shares of PAYX bought and 246,877 shares sold. Paychex, Inc.'s ROA is rolling at 12.60%, following the ROI of 41.50%. (NASDAQ:PAYX) news were published by: Seekingalpha.com which released: "Why We Made Paychex Our Latest Dividend Portfolio Holding" on August 18, 2017, also Democratandchronicle.com published article titled: "Paychex plans 625 new jobs as part of Henrietta expansion", Seekingalpha.com published: "Paychex Acquires HR Outsourcing Holdings" on August 22, 2017. Park National Corp Oh holds 0.03% or 8,440 shares in its portfolio. (NASDAQ:PAYX). Neuberger Berman Group Lc owns 631,368 shares for 0.05% of their portfolio. Marble Harbor Invest Counsel Ltd Liability owns 4,862 shares. Alley Co Ltd Liability has invested 2.85% in Paychex, Inc. Thompson Davis & reported 384 shares. M&R Cap Mngmt Inc holds 0.02% of its portfolio in Paychex, Inc. 1,785 were reported by Salem Counselors Inc. Loring Wolcott & Coolidge Fiduciary Advisors Llp Ma invested in 0.12% or 90,142 shares. Alliancebernstein LP reported 0% in Cynosure, Inc. RBC Capital Markets maintained Paychex, Inc. More interesting news about Paychex, Inc. Four equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and one has given a buy rating to the company. Therefore 6% are positive. Morgan Stanley upgraded Paychex from an "underweight" rating to an "equal weight" rating and set a $55.00 price objective for the company in a research report on Wednesday, August 16th. The firm has "Neutral" rating by Goldman Sachs given on Tuesday, June 20. The rating was downgraded by Bank of America to "Underperform" on Thursday, January 7. Paychex Inc now has $20.86B valuation. 105,324 are held by Stifel. William Blair lowered Paychex from an "outperform" rating to a "market perform" rating in a research report on Friday, July 21st. The rating was downgraded by Zacks to "Hold" on Friday, September 4. Volume is the basic fuel of the market since stocks move up or down in price only when shares are trading hands. The firm has "Sell" rating given on Friday, April 15 by Compass Point. The rating was maintained by Citigroup on Thursday, March 31 with "Sell".

Analysts have given a mean recommendation of 3.20 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). Also, CEO Martin Mucci sold 30,000 shares of the company's stock in a transaction dated Thursday, July 13th. (NASDAQ:PAYX) on Friday, May 5. Tyers Asset Management LLC now owns 28,640 shares of the business services provider's stock valued at $1,687,000 after purchasing an additional 1,040 shares during the period. It also upped Murphy Usa Inc (NYSE:MUSA) stake by 15,244 shares and now owns 165,244 shares.

Investors sentiment is 1.03 in Q4 2016. Its down 0.30, from 1.35 in 2016Q3. It is negative, as 37 investors sold CYNO shares while 53 reduced holdings. 4 funds opened positions while 16 raised stakes. State Common Retirement Fund reported 25,600 shares stake. The other 1 are split, though not evenly, between analysts who think you should buy its stock versus those who think you should sell it. 1,655 are held by Victory Capital Management. 283,454 were reported by Citadel Advsr Llc. Outstanding shares refer to a company's stock presently held by all its shareholders, counting share blocks held by institutional shareholders and restricted shares owned by the company's officers and insiders. Russell Investments Group Ltd. raised its holdings in shares of Paychex by 44.9% in the 1st quarter. Ifc Holdings Fl accumulated 5,220 shares or 0.03% of the stock. Schneider Capital Management Corp, a Pennsylvania-based fund reported 341,917 shares.


More news


  • Chelsea boss Antonio Conte believes Arsenal are real title rivals

    Chelsea boss Antonio Conte believes Arsenal are real title rivals

    Arsenal fans are fuming with the decision, claiming it is madness to leave the best player in the Premier League on the bench. Eden Hazard looks set to start his first league game of the season.

    Potash Corporation of Saskatchewan Inc. (POT) Rating Reiterated by Stifel Nicolaus

    The fertilizer maker reported $0.16 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.17 by ($0.01). It improved, as 67 investors sold MMM shares while 592 reduced holdings. 115 funds opened positions while 711 raised stakes.
    Peter Handscomb Flies in for Aaron Finch's Cover

    Peter Handscomb Flies in for Aaron Finch's Cover

    Smith is expecting large totals during the five-match series and has put the onus on his top order to produce a sizeable innings. However, Smith didn't slip another word off his lips that could reveal the playing XI for the first match.
  • 8 dead in Florida nursing home Irma left without air conditioning

    8 dead in Florida nursing home Irma left without air conditioning

    Authorities launched a criminal investigation to figure out what went wrong and who, if anyone, was to blame. White House officials say Trump also plans to visit the devastated US Virgin Islands and Puerto Rico soon.

    Boenning Scattergood Reiterates "Outperform" Rating for Tetra Tech, Inc. (TTEK)

    Analysts await Tetra Tech, Inc. (NASDAQ:TTEK) earned "Sector Weight" rating by KeyBanc Capital Markets on Friday, November 11. The company has a market capitalization of $2.46 billion, a price-to-earnings ratio of 22.02 and a beta of 1.05.
    Mourinho sends scouts to watch Roma, Atletico Madrid stars

    Mourinho sends scouts to watch Roma, Atletico Madrid stars

    The midfielder joined the Red Devils in 2006 from Tottenham and has so far made a total of 459 appearances for United. Meanwhule, Niguez will be even harder for United to sign after he penned a nine-year deal with Atletico in July.
  • Assured Guaranty Ltd. (AGO) Shares Sold by Kennedy Capital Management Inc

    Ejf Capital Llc decreased First Conn Bancorp Inc Md (NASDAQ:FBNK) stake by 44,089 shares to 500,000 valued at $11.33M in 2016Q4. Lombard Odier Asset Management Usa Corp sold 193,251 shares as the company's stock declined 5.68% while stock markets rallied.

    CIBC Reiterates "Outperform" Rating for Turquoise Hill Resources Ltd (TRQ)

    BidaskClub upgraded Turquoise Hill Resources from a "sell" rating to a "hold" rating in a research note on Saturday, June 24th. ValuEngine downgraded Turquoise Hill Resources from a "buy" rating to a "hold" rating in a research note on Friday, June 2nd.

    Super Micro Computer, Inc. (NASDAQ:SMCI) Sees Price Decrease - Down $1.85

    Alyeska Investment Group, L.p. bolstered its stake by buying 36,577 shares an increase of 4.2% from 03/31/2017 to 06/30/2017. The 52-week low of the stock stands at $21.36 while the current level stands at 50.92% of the 52-week High-Low range.
  • ValuEngine Downgrades Express Scripts Holding Company (NASDAQ:ESRX) to Hold

    BidaskClub lowered shares of Express Scripts Holding from a "hold" rating to a "sell" rating in a report on Wednesday, July 12th. The expected ESRX's profit could reach $1.10B giving the stock 8.24 P/E in the case that $1.90 earnings per share is reported.

    Enbridge (USA) (ENB) Touches $41.14 Formed H&S; Scana (SCG) Has 0.86 Sentiment

    The Pacific Alternative Asset Management Company Llc holds 636,462 shares with $62.38 million value, up from 36,927 last quarter. The utilities provider reported $0.85 EPS for the quarter, topping analysts' consensus estimates of $0.74 by $0.11.

    Needham May Have Gained Confidence in Livanova Plc (NDAQ:LIVN), Upgrades Stock

    They now have a $83.00 target on shares. and their target would suggest a possible upside of 21.93 % over the current stock price. The company reported $1.01 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.82 by $0.19.