Economy

Paychex, Inc. (PAYX) Analysts See $0.60 EPS; Xerium Technologies Has 0.81 Sentiment

The SI to Paychex Incorporated's float is 3.44%. Triangle Securities Wealth Management bought 4,330 shares as the company's stock declined 1.76% while stock markets rallied.

Snow Capital Management Lp increased Akorn Inc (AKRX) stake by 152.33% reported in 2016Q4 SEC filing. BlackRock Inc. now owns 25,717,903 shares of the business services provider's stock worth $1,514,786,000 after buying an additional 24,825,695 shares during the last quarter. The hedge fund run by Andy Redleaf held 397,550 shares of the consumer services company at the end of 2016Q4, valued at $7.56M, down from 497,550 at the end of the previous reported quarter. Brookmont Capital Management who had been investing in Paychex Inc for a number of months, seems to be less bullish one the $20.75 billion market cap company. (NASDAQ:PAYX) traded up 0.59% during midday trading on Friday, reaching $57.85. State Street Corp now owns 14,205,592 shares of the business services provider's stock worth $836,708,000 after buying an additional 309,889 shares during the last quarter. (NASDAQ:PAYX) has risen 11.22% since September 18, 2016 and is uptrending. It has underperformed by 4.66% the S&P500.

Since January 1, 0001, it had 0 insider buys, and 2 selling transactions for $34,754 activity.

Shares of Paychex, Inc. The original version of this piece can be accessed at https://www.truebluetribune.com/2017/09/17/westpac-banking-corp-sells-106200-shares-of-paychex-inc-payx.html. BidaskClub upgraded shares of Paychex from a "strong sell" rating to a "sell" rating in a report on Monday, July 31st. Wisdomtree Tr (DLS) was reduced too. Stockholders of record on Tuesday, August 1st were given a dividend of $0.50 per share. Its the same as in 2016Q3. It dropped, as 48 investors sold PAYX shares while 288 reduced holdings. Legal & General Public Ltd Limited Liability Company owns 1.89 million shares. JP Morgan maintained Akorn, Inc. Dearborn Ptnrs Ltd Limited Liability Company reported 0.04% of its portfolio in Paychex, Inc. (NASDAQ:PAYX). Sei Invs invested 0.02% in Paychex, Inc. (NASDAQ:PAYX) for 37,519 shares. Asset Mgmt Grp accumulated 9,205 shares. Highlander Capital Mngmt Ltd Co owns 0.01% invested in Paychex, Inc. Tributary Capital Management Limited Liability Company owns 0.34% invested in Paychex, Inc. (NASDAQ:PAYX) for 4,690 shares. New Mexico Educational Retirement Board reported 0.1% of its portfolio in Paychex, Inc. (NASDAQ:PAYX). First Manhattan Company holds 0% of its portfolio in Paychex, Inc. (NASDAQ:PAYX) for 39,351 shares. Exchange Capital Mgmt invested in 210 shares or 0% of the stock.

Paychex Incorporated (NASDAQ:PAYX) had a decrease of 6.35% in short interest. Therefore 31% are positive. Paychex had 26 analyst reports since August 14, 2015 according to SRatingsIntel. BMO Capital Markets restated a "hold" rating and issued a $60.00 target price on shares of Paychex in a report on Thursday, June 29th.

In related news, VP Laurie L. Zaucha sold 2,884 shares of the business's stock in a transaction on Thursday, July 6th. The company was downgraded on Thursday, January 7 by Bank of America. (NASDAQ:PAYX) has "Neutral" rating given on Tuesday, June 20 by Goldman Sachs.

The stock increased 2.22% or $0.13 on September 15, reaching $5.99.

Neuberger Berman Group LLC lowered its stake in shares of Paychex, Inc. Paychex now has a consensus rating of "Hold" and a consensus target price of $59.28.

Investors sentiment increased to 1.01 in 2016 Q4. Its up 0.09, from 1.43 in 2016Q3. 71 funds opened positions while 258 raised stakes. Janney Cap Management Lc holds 408,776 shares or 1.14% of its portfolio. FMR LLC now owns 9,866,100 shares of the business services provider's stock worth $581,112,000 after acquiring an additional 588,027 shares during the last quarter. Metropolitan Life Insur stated it has 0.01% in Sarepta Therapeutics Inc (NASDAQ:SRPT). Alliancebernstein Ltd Partnership holds 0.44% or 5.07M shares. Thomas Story And Son Limited Liability Corporation reported 16,195 shares. (NASDAQ:PAYX) for 6,452 shares. Synovus Finance owns 8,075 shares for 0.01% of their portfolio. During the same period a year ago, the firm posted $0.49 earnings per share. Axa holds 265,000 shares. Nationwide Fund Advisors stated it has 112,411 shares. Rhumbline Advisers holds 0% or 57,997 shares in its portfolio. Allianz Asset Mngmt Ag accumulated 0% or 61,093 shares. Highstreet Asset Inc has invested 0.24% in Mastercard Inc (NYSE:MA). After $-0.17 actual EPS reported by Sangamo Therapeutics Inc for the previous quarter, Wall Street now forecasts 17.65% negative EPS growth.

Sangamo Therapeutics, Inc., formerly Sangamo BioSciences, Inc., is a clinical-stage biotechnology company. The stock has a market capitalization of $20.79 billion, a PE ratio of 25.71 and a beta of 0.96. The Firm focuses on the discovery and development of ribose nucleic acid -targeted therapeutics for the treatment of rare neuromuscular diseases. It operates through discovering, developing, manufacturing and delivering therapies to patients with Duchenne muscular dystrophy (DMD). Four analysts have rated the stock with a sell recommendation, twelve have issued a hold recommendation and one has given a buy recommendation to the company. Therefore 41% are positive. AXA owned about 0.07% of Paychex worth $14,274,000 at the end of the most recent reporting period. The firm earned "Buy" rating on Friday, September 8 by Needham. SunTrust maintained Sarepta Therapeutics Inc (NASDAQ:SRPT) on Tuesday, September 1 with "Neutral" rating. (NYSE:ABC) were released by: Seekingalpha.com and their article: "AmerisourceBergen's (ABC) CEO Steven Collis Presents at Morgan Stanley Global ..." published on September 12, 2017 as well as Bizjournals.com's news article titled: "Louisville Metro sues drug distributors for role in opioid crisis" with publication date: August 22, 2017. Jefferies initiated Sarepta Therapeutics Inc (NASDAQ:SRPT) rating on Friday, October 23. Paychex presently has an average rating of "Hold" and a consensus price target of $59.28. The stock of eBay Inc (NASDAQ:EBAY) has "Hold" rating given on Thursday, July 21 by Deutsche Bank. On Friday, April 15 the stock rating was initiated by Compass Point with "Sell". Panmure Gordon maintained the stock with "Buy" rating in Thursday, March 9 report. Finally, William Blair downgraded Paychex from an "outperform" rating to a "market perform" rating in a research report on Friday, July 21st.



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