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Malibu Boats, Inc. (MBUU) Reaches $34.86 52-Week High; 12 Analysts Covering Paylocity Holding (PCTY)

The stock of Malibu Boats, Inc. (NASDAQ:MBUU) hit a new 52-week high and has $36.60 target or 5.00% above today’s $34.86 share price. The 8 months bullish chart indicates low risk for the $752.66 million company. The 1-year high was reported on Feb, 14 by Barchart.com. If the $36.60 price target is reached, the company will be worth $37.63 million more. The stock increased 1.66% or $0.57 during the last trading session, reaching $34.86. About 60,683 shares traded. Malibu Boats, Inc. (NASDAQ:MBUU) has risen 77.33% since February 14, 2017 and is uptrending. It has outperformed by 60.63% the S&P500.

Among 19 analysts covering Paylocity (NASDAQ:PCTY), 12 have Buy rating, 0 Sell and 7 Hold. Therefore 63% are positive. Paylocity had 43 analyst reports since August 14, 2015 according to SRatingsIntel. The stock of Paylocity Holding Corporation (NASDAQ:PCTY) has “Buy” rating given on Friday, August 14 by Needham. The rating was initiated by Craig Hallum on Tuesday, March 8 with “Buy”. On Friday, November 3 the stock rating was maintained by Needham with “Buy”. On Friday, December 2 the stock rating was initiated by Oppenheimer with “Perform”. The firm has “Buy” rating by Stifel Nicolaus given on Monday, August 7. Bank of America maintained the stock with “Buy” rating in Tuesday, October 24 report. The stock of Paylocity Holding Corporation (NASDAQ:PCTY) has “Buy” rating given on Sunday, September 3 by RBC Capital Markets. Robert W. Baird initiated the shares of PCTY in report on Thursday, January 7 with “Outperform” rating. Deutsche Bank maintained it with “Buy” rating and $55 target in Wednesday, August 10 report. Mizuho maintained Paylocity Holding Corporation (NASDAQ:PCTY) on Thursday, October 12 with “Hold” rating. See Paylocity Holding Corporation (NASDAQ:PCTY) latest ratings:

08/02/2018 Broker: Stifel Nicolaus Rating: Buy New Target: $50.0 Maintain
08/02/2018 Broker: RBC Capital Markets Rating: Buy New Target: $51.0 Maintain
08/02/2018 Broker: SunTrust Rating: Hold New Target: $48.0 Maintain
19/12/2017 Broker: Dougherty Rating: Neutral Initiates Coverage On
03/11/2017 Broker: Needham Rating: Buy New Target: $60.0 Maintain
03/11/2017 Broker: Robert W. Baird Rating: Outperform Old Target: $52 New Target: $56 Maintain
27/10/2017 Broker: Northland Capital Rating: Buy New Target: $55.0 Maintain
24/10/2017 Broker: Bank of America Rating: Buy Old Target: $50 New Target: $56 Maintain
18/10/2017 Broker: Needham Rating: Buy New Target: $52.0 Maintain
12/10/2017 Broker: Mizuho Rating: Hold New Target: $45.0 Maintain

The stock increased 2.99% or $1.28 during the last trading session, reaching $44.19. About 37,946 shares traded. Paylocity Holding Corporation (NASDAQ:PCTY) has risen 26.16% since February 14, 2017 and is uptrending. It has outperformed by 9.46% the S&P500.

Paylocity Holding Corporation provides cloud payroll and human capital management software solutions for medium-sized organizations in the United States. The company has market cap of $2.33 billion. It offers Paylocity Web Pay for enterprise-grade payroll processing and administration; Paylocity Web HR for employee record management and HR compliance and reporting; Talent Management for employee performance appraisal process and performance review; Paylocity Web Time, a time and attendance solution; and Paylocity Web Expense, an expense management tool designed to streamline and automate the expense management process. It has a 210.45 P/E ratio. The firm also provides Paylocity Web Benefits and Paylocity Enterprise Benefits, which are benefit management solutions that integrate with insurance carrier systems to provide automated administrative processes and allow users to choose benefit elections and make life event changes online, summarize benefit elections, and perform other benefit-related tasks, as well as enable premium reconciliation, management of voluntary benefits, and reporting.

Investors sentiment increased to 1.76 in 2017 Q3. Its up 0.27, from 1.49 in 2017Q2. It increased, as 17 investors sold Paylocity Holding Corporation shares while 29 reduced holdings. 29 funds opened positions while 52 raised stakes. 26.93 million shares or 3.01% more from 26.14 million shares in 2017Q2 were reported. New York-based Millennium Mgmt Ltd Co has invested 0.03% in Paylocity Holding Corporation (NASDAQ:PCTY). The Ohio-based Huntington Bancorp has invested 0% in Paylocity Holding Corporation (NASDAQ:PCTY). The Australia-based Macquarie Gp Limited has invested 0% in Paylocity Holding Corporation (NASDAQ:PCTY). Walleye Trading Llc holds 0% or 10,399 shares. Morgan Stanley stated it has 0% in Paylocity Holding Corporation (NASDAQ:PCTY). The Texas-based Hbk Invests Limited Partnership has invested 0% in Paylocity Holding Corporation (NASDAQ:PCTY). Zacks owns 24,727 shares. Laurion Mngmt Lp has invested 0% in Paylocity Holding Corporation (NASDAQ:PCTY). Granahan Inv Management Ma holds 159,286 shares. Ftb has invested 0% in Paylocity Holding Corporation (NASDAQ:PCTY). Citadel Advsrs Ltd Liability Corp has 241,276 shares. Zurcher Kantonalbank (Zurich Cantonalbank) owns 1,057 shares. California Employees Retirement has invested 0% in Paylocity Holding Corporation (NASDAQ:PCTY). D E Shaw And invested in 0.01% or 93,828 shares. Alyeska L P stated it has 0.25% in Paylocity Holding Corporation (NASDAQ:PCTY).

Malibu Boats, Inc. designs, manufactures, distributes, markets, and sells recreational powerboats. The company has market cap of $752.66 million. The firm offers performance sport boats under the Malibu and Axis brand names; and sterndrives and outboard boats under the Cobalt brand name. It has a 38.69 P/E ratio. The Company’s boats are used for water sports, including water skiing, wakeboarding, and wake surfing, as well as general recreational boating.

Investors sentiment increased to 1.51 in 2017 Q3. Its up 0.18, from 1.33 in 2017Q2. It improved, as 10 investors sold Malibu Boats, Inc. shares while 39 reduced holdings. 27 funds opened positions while 47 raised stakes. 20.25 million shares or 11.45% more from 18.17 million shares in 2017Q2 were reported. Neuberger Berman Group Limited Liability Corp owns 37,000 shares for 0% of their portfolio. Wells Fargo & Mn reported 0% of its portfolio in Malibu Boats, Inc. (NASDAQ:MBUU). Ajo Limited Partnership holds 0.04% or 301,432 shares. Bowling Portfolio Limited Liability holds 0.22% in Malibu Boats, Inc. (NASDAQ:MBUU) or 46,968 shares. Grandeur Peak Advsrs Lc has invested 0.02% of its portfolio in Malibu Boats, Inc. (NASDAQ:MBUU). Renaissance Ltd Co invested in 0.02% or 621,800 shares. Art Advsr Limited Liability holds 19,591 shares. First Mercantile Communication owns 0.02% invested in Malibu Boats, Inc. (NASDAQ:MBUU) for 3,340 shares. Prudential Finance Incorporated holds 0% of its portfolio in Malibu Boats, Inc. (NASDAQ:MBUU) for 95,140 shares. Hightower Ltd Company has 0% invested in Malibu Boats, Inc. (NASDAQ:MBUU) for 6,980 shares. Macquarie Group Incorporated invested in 0.06% or 1.13M shares. Lord Abbett & Ltd Llc accumulated 0.04% or 439,765 shares. Cooke And Bieler Limited Partnership owns 365,820 shares. Wellington Mgmt Grp Limited Liability Partnership holds 0.01% in Malibu Boats, Inc. (NASDAQ:MBUU) or 1.02 million shares. California Employees Retirement reported 84,317 shares.

Among 8 analysts covering Malibu Boats (NASDAQ:MBUU), 5 have Buy rating, 0 Sell and 3 Hold. Therefore 63% are positive. Malibu Boats has $40.0 highest and $24 lowest target. $35.68’s average target is 2.35% above currents $34.86 stock price. Malibu Boats had 19 analyst reports since August 11, 2015 according to SRatingsIntel. The stock of Malibu Boats, Inc. (NASDAQ:MBUU) earned “Buy” rating by Aegis Capital on Monday, October 2. The stock has “Outperform” rating by BMO Capital Markets on Monday, November 13. As per Friday, February 9, the company rating was maintained by KeyBanc Capital Markets. The stock of Malibu Boats, Inc. (NASDAQ:MBUU) has “Overweight” rating given on Monday, February 12 by KeyBanc Capital Markets. KeyBanc Capital Markets maintained Malibu Boats, Inc. (NASDAQ:MBUU) on Thursday, August 31 with “Overweight” rating. The firm has “Neutral” rating by B. Riley & Co given on Monday, February 12. The rating was maintained by BMO Capital Markets with “Buy” on Friday, October 13. The stock has “Buy” rating by SunTrust on Friday, February 9. BMO Capital Markets maintained Malibu Boats, Inc. (NASDAQ:MBUU) on Tuesday, July 4 with “Hold” rating. The stock of Malibu Boats, Inc. (NASDAQ:MBUU) earned “Buy” rating by BMO Capital Markets on Monday, September 11.

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