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

May 16, 2018 - By Pearl Odom

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 fall due to Paychex, Inc. positioning: 39 sold and 306 reduced. 93 funds took holdings and 226 increased holdings. Investors holded 238.82 million in 2017Q3 but now own 238.43 million shares or 0.16% less.
Hl Services Limited Liability Co stated it has 0.13% in Paychex, Inc. (NASDAQ:PAYX). Bontempo Ohly Mgmt Limited Co holds 1.83% or 36,368 shs. 1,010 are held by Thompson Siegel Walmsley Limited Liability Corp. Norinchukin Savings Bank The holds 0.03% or 26,319 shs. Aperio Group Ltd reported 0.07% stake. Essex Inv Mngmt Commerce Lc, Massachusetts-based fund reported 65,512 shs. National Asset Mgmt Inc accumulated 4,892 shs. Moreover, Victory Capital Management has 0.03% invested in Paychex, Inc. (NASDAQ:PAYX). Raymond James Na accumulated 0.36% or 78,177 shs. D E Shaw And Incorporated holds 0% or 7,359 shs in its capital. New York-based Richard Bernstein Advsrs Ltd Company has invested 0.37% in Paychex, Inc. (NASDAQ:PAYX). Tortoise Inv Management Limited Co holds 0% of its capital in Paychex, Inc. (NASDAQ:PAYX) for 34 shs. Harvey Ltd Liability Com holds 2.9% in Paychex, Inc. (NASDAQ:PAYX) or 234,178 shs. First Bancorporation Of Omaha stated it has 50,760 shs or 0.2% of all its holdings. Spirit Of America Mgmt Corporation reported 0.07% stake.

Paychex, Inc. had 3 insider sales and 0 insider buys since January 4, 2018. This’s net activity of $9.83 million. On Tuesday, January 16 Vossler Jennifer R. also sold $682,900 worth of Paychex, Inc. (NASDAQ:PAYX).

Paychex, Inc. (NASDAQ:PAYX) Ratings Coverage

In total 9 analysts cover Paychex (NASDAQ:PAYX). “Buy” rating has 1, “Sell” are 0, while 8 are “Hold”. (NASDAQ:PAYX) has 11% bullish analysts. 20 are the (NASDAQ:PAYX)’s ratings reports on May 16, 2018 according to StockzIntelligence Inc. In Tuesday, March 27 report JP Morgan maintained it with “Neutral” rating and $65 target. The stock rating was maintained by RBC Capital Markets with “Sell” on Monday, November 20. On Monday, December 4 the rating was upgraded by Citigroup to “Hold”. On Monday, March 26 the stock of Paychex, Inc. (NASDAQ:PAYX) earned “Hold” rating by BMO Capital Markets. The stock rating was maintained by RBC Capital Markets with “Sell” on Monday, March 26. On Monday, March 26 Stifel Nicolaus maintained Paychex, Inc. (NASDAQ:PAYX) with “Hold” rating. On Monday, March 26 the stock has “Hold” rating by Robert W. Baird. On Tuesday, April 17 Bank of America downgraded the shares of PAYX in report to “Hold” rating. On Tuesday, March 27 the stock of Paychex, Inc. (NASDAQ:PAYX) earned “Equal-Weight” rating by Barclays Capital. On Thursday, December 21 RBC Capital Markets maintained Paychex, Inc. (NASDAQ:PAYX) with “Sell” rating. 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 hitting $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 firm is worth $23.41 billion. 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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