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

May 16, 2018 - By Darrel Chase

Paychex, Inc. (NASDAQ:PAYX) Corporate Logo
During Q4 2017 the big money sentiment decreased to 0.92. That’s change of 0.10, from 2017Q3’s 1.02. 39 investors sold all, 306 reduced holdings as Paychex, Inc. ratio dropped. 226 increased stakes while 93 funds amassed stakes. Funds hold 238.43 million shares thus 0.16% less from 2017Q3’s 238.82 million shares.
Public Employees Retirement System Of Ohio holds 0.07% of its capital in Paychex, Inc. (NASDAQ:PAYX) for 204,803 shs. Lvw Advsr Llc invested 0.47% in Paychex, Inc. (NASDAQ:PAYX). Atwood & Palmer stated it has 12,887 shs or 0.12% of all its holdings. Denver Advsr Limited Liability Corp, Colorado-based fund reported 3,725 shs. The New York-based Fny Managed Accounts Lc has invested 0% in Paychex, Inc. (NASDAQ:PAYX). Boulegeris Invs invested 0.27% of its capital in Paychex, Inc. (NASDAQ:PAYX). Kbc Group Nv owns 0.01% invested in Paychex, Inc. (NASDAQ:PAYX) for 25,219 shs. Aviva Public Ltd Co has 178,970 shs. Chesley Taft & Assoc Lc has invested 0.03% of its capital in Paychex, Inc. (NASDAQ:PAYX). National Asset Mngmt owns 4,892 shs. Columbia Asset Mgmt reported 0.06% stake. John G Ullman Associates Incorporated holds 0.05% in Paychex, Inc. (NASDAQ:PAYX) or 3,825 shs. Fort Washington Investment Advsr Oh holds 0.03% of its capital in Paychex, Inc. (NASDAQ:PAYX) for 47,717 shs. Tributary Capital Mngmt Ltd Liability Corp holds 0.14% of its capital in Paychex, Inc. (NASDAQ:PAYX) for 23,200 shs. Hartford accumulated 18,113 shs or 0.61% of the stock.

Paychex, Inc. registered $9.83 million net activity with 0 buys and 3 sales since January 4, 2018. Vossler Jennifer R. also sold $682,900 worth of Paychex, Inc. (NASDAQ:PAYX) shs.

Paychex, Inc. (NASDAQ:PAYX) Ratings Coverage

A total of 9 analysts rate Paychex (NASDAQ:PAYX) as follows: 1 “Buy”, 8 “Hold” and 0 “Sell”. Тherefore 11% are bullish. (NASDAQ:PAYX) has 20 ratings reports on May 16, 2018 according to StockzIntelligence. The company rating was maintained by Stifel Nicolaus on Monday, March 26. In Tuesday, March 27 report Barclays Capital maintained it with “Equal-Weight” rating and $70 target. On Monday, March 26 RBC Capital Markets maintained Paychex, Inc. (NASDAQ:PAYX) rating. RBC Capital Markets has “Sell” rating and $6300 target. On Monday, March 26 the rating was maintained by BMO Capital Markets with “Hold”. On Thursday, December 21 the firm has “Hold” rating given by BMO Capital Markets. On Wednesday, March 28 Citigroup maintained the shares of PAYX in report with “Neutral” rating. On Tuesday, January 9 the stock of Paychex, Inc. (NASDAQ:PAYX) has “Hold” rating given by Bank of America. On Monday, March 26 the firm has “Hold” rating by Robert W. Baird given. On Monday, January 22 the stock of Paychex, Inc. (NASDAQ:PAYX) has “Hold” rating given by BMO Capital Markets. On Tuesday, March 27 JP Morgan maintained Paychex, Inc. (NASDAQ:PAYX) rating. JP Morgan has “Neutral” rating and $65 target. 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. The stock underperformed the S&P 500 by 13.27%.

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 valued at $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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