Economy

Paychex Inc (NASDAQ:PAYX) Q2 2017 Sentiment Report

Magnetar Financial Ltd Com reported 0% in Paychex, Inc. Paychex Inc now has $22.83B valuation. About 181,440 shares traded.

Paychex (NASDAQ:PAYX) last released its quarterly earnings results on Tuesday, October 3rd. It has underperformed by 5.48% the S&P500.

Gateway Investment Advisers Llc decreased Autoliv Inc (ALV) stake by 12.09% reported in 2017Q2 SEC filing. During the same quarter in the prior year, the company earned $0.60 earnings per share. FMR LLC boosted its stake in shares of Paychex by 6.2% during the second quarter. (NASDAQ:PAYX) for 1.41 million shares. Hyatt Hotels Corporation (NYSE:H) has risen 27.49% since October 9, 2016 and is uptrending.

Among 8 analysts covering Synchronoss Technologies Inc. They expect $1.34 earnings per share, down 17.79% or $0.29 from last year's $1.63 per share. H's profit would be $20.65 million giving it 90.56 P/E if the $0.17 EPS is correct. The company's quarterly EPS surprised Wall Street by as much as 3% to the upside in its last earnings announcement, so investors should note this tendency when assessing consensus estimates. Paychex, Inc. (NASDAQ:PAYX) has risen 11.22% since October 9, 2016 and is uptrending. Its up 0.33, from 0.93 in 2017Q1. It improved, as 26 investors sold ALV shares while 54 reduced holdings. Vanguard Group Inc Inc owns 1.40 million shares for 0.01% of their portfolio. Clinton Grp Inc stated it has 3,453 shares or 0.04% of all its holdings. Envestnet Asset Management Inc accumulated 11,924 shares. Sun Life Financial INC now owns 2,336 shares of the business services provider's stock worth $133,000 after acquiring an additional 2,326 shares during the period. Brinker Capital, a Pennsylvania-based fund reported 55,166 shares. 170.81 million shares or 3.71% less from 177.38 million shares in 2017Q1 were reported. Jane Street Gp Limited Liability Corporation owns 3,811 shares. Dorsey & Whitney Trust Ltd owns 3,905 shares for 0.04% of their portfolio. Inv Of Virginia Llc holds 0.05% of its portfolio in Paychex, Inc. Paychex, Inc. has 355 million shares outstanding, and in the last trade has seen ATR around 0.84.

Since January 1, 0001, it had 0 buys, and 2 selling transactions for $1.20 million activity. (NYSE:ALV) on Friday, May 26. It also upped Monsanto Co New (NYSE:MON) stake by 34,008 shares and now owns 311,979 shares. Five analysts have rated the stock with a sell rating, twelve have issued a hold rating and two have issued a buy rating to the stock. Therefore 69% are positive. Autoliv Inc had 77 analyst reports since July 22, 2015 according to SRatingsIntel. The company has a consensus rating of "Hold" and a consensus price target of $60.07. The company was maintained on Wednesday, October 4 by Wells Fargo. The stock of Autoliv Inc. Bank of America downgraded Autoliv Inc. (NASDAQ:PAYX). Moreover, Smith Moore & Communications has 0.12% invested in Paychex, Inc. Evercore downgraded Autoliv Inc. (NYSE:ALV) on Monday, March 14 to "Sell" rating. The firm has "Hold" rating by Drexel Hamilton given on Wednesday, June 14. Buckingham Research maintained Autoliv Inc. (NASDAQ:PAYX) has "Sell" rating given on Sunday, September 10 by RBC Capital Markets. Buckingham Research has "Sell" rating and $87.0 target. The company was maintained on Tuesday, September 19 by Stifel Nicolaus.

Ratings analysis reveals 11% of Paychex's analysts are positive. Paychex had 33 analyst reports since August 14, 2015 according to SRatingsIntel. (NASDAQ:PAYX) hit a new 52-week high and has $66.13 target or 4.00% above today's $63.59 share price. The firm earned "Buy" rating on Friday, December 16 by Goldman Sachs. On Friday, May 5 Vossler Jennifer R. sold $587,600 worth of Paychex, Inc.

Paychex Incorporated (NASDAQ:PAYX) had a decrease of 6.35% in short interest. (NASDAQ:PAYX) on Thursday, December 22 with "Underperform" rating. BlackRock Inc. now owns 25,717,903 shares of the business services provider's stock valued at $1,514,786,000 after purchasing an additional 24,825,695 shares during the period. Sterne Agee CRT initiated Paychex, Inc. Its the same as in 2017Q1. The ratio is the same, as only 333 active investment managers started new and increased holdings, while 324 sold and trimmed holdings in Paychex Inc.

Paychex, Inc. has a 50 day moving average of 58.27 and a 200 day moving average of 58.24. (NASDAQ:PAYX) or 691,999 shares. Sun Life holds 2,336 shares. Horizon Kinetics Ltd has invested 0.01% of its portfolio in Paychex, Inc. Ubs Asset Mgmt Americas invested in 0% or 31,200 shares. Estabrook Mgmt invested 0% in Paychex, Inc. (NASDAQ:PAYX) or 10,000 shares. Tudor Et Al invested 0.09% of its portfolio in Hyatt Hotels Corporation (NYSE:H). Following the completion of the transaction, the director now owns 32,514 shares of the company's stock, valued at $1,877,683.50. Prudential Fincl invested in 441,111 shares. Arrowstreet Cap Partnership has 1.36 million shares for 0.23% of their portfolio. Chesley Taft & Associates Ltd Liability Company holds 0.03% of its portfolio in Paychex, Inc. (NASDAQ:PAYX) for 58,412 shares. Cap Invest Limited Liability Com has invested 0.05% in Paychex, Inc.

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