Reviewing the Insider Trends for Paychex, Inc. (PAYX)

According to Paychex, Inc.'s latest 13F filing with the US Securities and Exchange Commission (SEC), institutional ownership is at 68.80%. Asset Advisors Corp sold 6,100 shares as the company's stock declined 2.74% while stock markets rallied.

A number of hedge funds have recently added to or reduced their stakes in PAYX. It also increased its holding in Nicolet Nat'l Bankshares by 26,789 shares in the quarter, for a total of 36,079 shares, and has risen its stake in Echo Global Logistics (NASDAQ:ECHO). JPMorgan Chase & Co. increased its position in Paychex by 314.1% in the first quarter. Sun Life Financial INC now owns 2,336 shares of the business services provider's stock worth $133,000 after purchasing an additional 2,326 shares during the period. (NASDAQ:PAYX). Schwab Charles Investment Management Inc reported 0.08% in Paychex, Inc. WI now owns 213,833 shares of the business services provider's stock valued at $12,821,000 after acquiring an additional 2,855 shares during the period. Pennsylvania Trust Co increased its stake in shares of Paychex by 21.9% in the 4th quarter. Salem Investment Counselors Inc. now owns 1,796 shares of the business services provider's stock worth $102,000 after purchasing an additional 11 shares during the period. By combining its innovative software-as-a-service technology and mobility platform with dedicated, personal service, Paychex empowers small- and medium-sized business owners to focus on the growth and management of their business. Chardan Capital Markets initiated the shares of WAGE in report on Wednesday, November 30 with "Buy" rating. $67.39 was the targeted price for Paychex, Inc. having a 6,875,482 volume of shares. The firm earned "Market Perform" rating on Wednesday, October 4 by BMO Capital Markets.

Mcdonald Capital Investors Inc Ca holds 10.96% of its portfolio in Paychex, Inc. for 2.14 million shares. Robert W. Baird reissued a "hold" rating and set a $64.00 price objective on shares of Paychex in a report on Wednesday, October 4th. Two investment analysts have rated the stock with a sell rating and twelve have assigned a hold rating to the company. The price earnings ratio (P/E) ratio helps investors analyze how much they should pay for a stock based on its current earnings. Oak Associates Ltd who had been investing in Paychex Inc. for a number of months, seems to be bullish on the $25.14 billion market cap company.

Tracking the stock price in relation to moving averages as well as highs and lows for the year might assist with evaluating future stock performance. Following the sale, the vice president now owns 21,758 shares in the company, valued at approximately $1,385,984.60.

North Star Asset Management Inc decreased its stake in Federated Investors (FII) by 71.72% based on its latest 2017Q3 regulatory filing with the SEC. (NASDAQ:PAYX) was sold by Vossler Jennifer R. on Friday, October 6. The shares were sold at an average price of $68.29, for a total value of $682,900.00. The total dollar value of all 356.00 million outstanding shares is 24.92 billion. The disclosure for this sale can be found here. Another trade for 34,311 shares valued at $2.36M was sold by Gioja Michael E. Insider data is useful because it can reveal what a company's executives and largest shareholders feel about a stock.

With an estimated value of 25.55 for 2017, Paychex, Inc. has a P/E ratio of 30.04.

Flavor Flav Gets Viciously Attacked In Las Vegas Casino
Public Enemy star Flavor Flav is recovering after he became the victim of a beat down in Las Vegas on Tuesday night. Alleged footage displays the suspect, Ugandi Howard as identified by Flavor Flav , throwing the first punch.

Paychex, Inc. PAYX began its day with a share price of $69.99. This works out to a net increase in ownership of 2.48 million shares, and suggests that institutions are feeling bullish about the stock. ATR is an exponential moving average (consist of 14 trading days) of the True Ranges that is explaining range of a day's trading is high-low.

Paychex (NASDAQ:PAYX) last announced its quarterly earnings data on Thursday, December 21st. The business services provider reported $0.54 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.53 by $0.01. Return on equity is a metric of paramount significance. The business had revenue of $826.50 million for the quarter, compared to the consensus estimate of $823.48 million. The business's quarterly revenue was up 7.1% compared to the same quarter a year ago. On average, equities analysts forecast that Paychex, Inc. will post $2.37 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, February 15th. Stockholders of record on Thursday, February 1st will be given a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 2.87%. The ex-dividend date of this dividend is Friday, July 28th. Paychex's dividend payout ratio is now 60.94%.


To find out the technical position of Paychex, Inc. "(PAYX)" was originally reported by Registrar Journal and is the sole property of of Registrar Journal. If you are viewing this story on another site, it was illegally stolen and republished in violation of global copyright & trademark laws.

North Star Asset Management Inc, which manages about $1.15B and $1.01B US Long portfolio, upped its stake in Henry Schein (NASDAQ:HSIC) by 8,735 shares to 18,150 shares, valued at $1.49 million in 2017Q3, according to the filing. Vanguard Group Inc. now owns 23,043,348 shares of the business services provider's stock worth $1,312,089,000 after buying an additional 589,880 shares during the last quarter.

Related news:

Hot News

isis-killer-beheading-video-story-top 'Stone Cold' Steve Austin Cut An Awesome Backstage Promo After Raw 25
Jan 25, 2018 - 07:01
In particular, those at the Manhattan Center felt like their portion of the party was a waste of time and money. The first segment that they got was The Undertaker making his first appearance since Wrestlemania last April.

isis-killer-beheading-video-story-top 2017 home sales were the best since the boom
Jan 25, 2018 - 06:52
The median price for an existing single-family home was $248,100, while the median price for an existing condo was $236,500. Of the homes that did sell in December, 32 percent went to first-time buyers, up from 29 percent in November.

isis-killer-beheading-video-story-top Sixers' Ben Simmons gets triple-double in 115-101 win against Bulls
Jan 25, 2018 - 06:51
Simmons already had double-double in the early minutes of the second quarter, and clearly had no intentions of letting up. Zach Lavine scored 21 with seven rebounds and three assists as he continues to stay red-hot after returning from injury.

isis-killer-beheading-video-story-top Joe Percoco's defense rips star witness in opening arguments
Jan 25, 2018 - 06:47
Bohrer didn't deny Lisa Percoco got the money, but he said it was a legitimate job and Kelly did it out of friendship. The trial resumes on Wednesday, with testimony expected from Linda Lacewell, Cuomo's chief of staff.

isis-killer-beheading-video-story-top Drilling Down Into United Technologies Corporation (UTX)
Jan 25, 2018 - 06:44
In recent trading day United Technologies Corporation ( UTX ) stock showed the move of 0.61% with the closing price of $136.03. Ulysses Management Llc increased Charles Schwab Corp (NYSE:SCHW) stake by 7,500 shares to 22,500 valued at $985,000 in 2017Q3.

isis-killer-beheading-video-story-top Just the Facts on Anadarko Petroleum Corporation (APC)
Jan 25, 2018 - 06:39
Japan-based Mitsubishi Ufj Tru has invested 0.1% in Anadarko Petroleum Corporation (NYSE:APC). (NASDAQ:TREE) for 2,685 shares. A certain stock may be considered to be on an uptrend if trading above a moving average and the average is sloping upward.

isis-killer-beheading-video-story-top Ex-USA Gymnastics Doctor Sentenced for Sexually Abusing Young Athletes
Jan 25, 2018 - 06:34
In a brief statement before sentencing, Nassar said that he would "carry the words" of his victims for the rest of his life. Disgraced child molester and former US gymnastics teams doctor Larry Nassar has just been sentenced to 175 years in prison.

isis-killer-beheading-video-story-top Maryland Named 3rd Worst State To Drive In
Jan 25, 2018 - 06:32
The survey found that among the best driving states were Kansas, Nebraska, and Iowa, with Texas being the best state to drive in. Maryland did, however, rank ninth-best in parking lots and garages per capita.

Caution abounds on Procter & Gamble
Jan 25, 2018 - 06:11
Boston Family Office Limited Liability Company has invested 0.04% in Tesla, Inc. (NYSE:HUBS) to report earnings on February, 13. The insider Majoras Deborah P sold $231,206. $265,554 worth of stock was sold by FergusonMchugh MaryLynn on Tuesday, August 15.

isis-killer-beheading-video-story-top Democrats Pushing for DACA Deal as Deadline for Dreamers Nears
Jan 25, 2018 - 06:10
The president's comments seem to lock the White House in on the generosity of the legalization he envisions for Dreamers. Addressing the status of the Dreamers' parents, who brought them into America illegally, would be "tricky", Trump said.

isis-killer-beheading-video-story-top Boston Celtics Need to Make Things Easier On Themselves
Jan 25, 2018 - 06:04
In the final seconds of Tuesday night's Celtics-Lakers game , Marcus Smart missed a potentially game-winning shot at the buzzer. Ball leads in rebounds with 7.1 and in assists with 7.1. "It was a great game for us to learn from", Irving said.

isis-killer-beheading-video-story-top Oddsmakers like Patriots despite Brady, Gronkowski injuries
Jan 25, 2018 - 06:03
They can keep him for another year as an extended test run, sign him to a long-term deal or cut ties altogether. Trout grew up and still lives about an hour from Philadelphia , in southern New Jersey.

Analyzing the Insider Data for First Data Corporation (FDC)
Jan 25, 2018 - 05:58
Insiders contain to comply with strict disclosure requirements with regard to the sale or purchase of the shares of their company. The business services provider reported $0.40 earnings per share for the quarter, meeting analysts' consensus estimates of $0.40.

isis-killer-beheading-video-story-top Hawkeyes Take Care of Rival Wisconsin
Jan 25, 2018 - 05:52
Freshman Luka Garza had 17 points and a career-high 17 rebounds for the Hawkeyes , who snapped a two-game losing streak. The Badgers had been undefeated in conference play this season with Iverson scoring in double figures.

isis-killer-beheading-video-story-top IShares MSCI Emerging Markets Small-Cap (EEMS) Rises 1.2577% for Jan 24
Jan 25, 2018 - 05:48
USD Emrg Mkts Bond Ishares (EMB) now has a 50-day moving average of 115.72, the 200-day is at 114.23, and the 7-day is 115.81. At the time of writing, Ultrashort MSCI Emrg Mkts Proshares (EEV) has a 14-day Commodity Channel Index (CCI) of -143.77.