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Independence Contract Dril I (ICD) Position Lifted by Napier Park Global Capital Us Lp; Paychex (PAYX) Holder Rafferty Asset Management Trimmed Position by $402,492 as Market Valuation Declined

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Rafferty Asset Management Llc decreased its stake in Paychex Inc (PAYX) by 21.9% based on its latest 2017Q4 regulatory filing with the SEC. Rafferty Asset Management Llc sold 5,919 shares as the company’s stock declined 12.35% with the market. The institutional investor held 21,108 shares of the consumer services company at the end of 2017Q4, valued at $1.44 million, down from 27,027 at the end of the previous reported quarter. Rafferty Asset Management Llc who had been investing in Paychex Inc for a number of months, seems to be less bullish one the $23.29 billion market cap company. The stock increased 0.62% or $0.4 during the last trading session, reaching $64.82. About 1.32M shares traded. Paychex, Inc. (NASDAQ:PAYX) has declined 1.72% since May 19, 2017 and is downtrending. It has underperformed by 13.27% the S&P500.

Jim O’brien increased its stake in Independence Contract Dril I (ICD) by 142.31% based on its latest 2017Q4 regulatory filing with the SEC. Napier Park Global Capital Us Lp bought 185,000 shares as the company’s stock declined 2.22% with the market. The hedge fund run by Jim O’brien held 315,000 shares of the energy company at the end of 2017Q4, valued at $1.26 million, up from 130,000 at the end of the previous reported quarter. Napier Park Global Capital Us Lp who had been investing in Independence Contract Dril I for a number of months, seems to be bullish on the $196.62M market cap company. The stock increased 0.78% or $0.04 during the last trading session, reaching $5.14. About 193,683 shares traded or 61.19% up from the average. Independence Contract Drilling, Inc. (NYSE:ICD) has declined 15.53% since May 19, 2017 and is downtrending. It has underperformed by 27.08% the S&P500.

Investors sentiment decreased to 0.92 in 2017 Q4. Its down 0.10, from 1.02 in 2017Q3. It is negative, as 39 investors sold PAYX shares while 306 reduced holdings. 93 funds opened positions while 226 raised stakes. 238.43 million shares or 0.16% less from 238.82 million shares in 2017Q3 were reported. 3.79 million were reported by Ameriprise Fincl. Weatherstone Capital Mgmt holds 4,528 shares or 0.2% of its portfolio. 3,285 were reported by Columbia Asset Management. Gam Holdg Ag invested in 0.03% or 16,610 shares. Ellington Mngmt Group Llc invested 0.3% of its portfolio in Paychex, Inc. (NASDAQ:PAYX). Kanawha Cap Limited Liability Corp reported 3,884 shares or 0.04% of all its holdings. Oarsman Capital Inc invested in 0.16% or 5,520 shares. Moreover, Cornerstone Cap Management Hldgs Ltd Com has 0.03% invested in Paychex, Inc. (NASDAQ:PAYX). Moreover, Ontario Teachers Pension Plan Board has 0.12% invested in Paychex, Inc. (NASDAQ:PAYX) for 142,422 shares. Riverfront Invest Group Incorporated Ltd Liability has invested 0.51% in Paychex, Inc. (NASDAQ:PAYX). Spirit Of America New York has invested 0.07% in Paychex, Inc. (NASDAQ:PAYX). The New York-based Clinton Group Inc Inc has invested 0.05% in Paychex, Inc. (NASDAQ:PAYX). Great Lakes Advsr Ltd has 31,522 shares. Seaward Mngmt Limited Partnership has 12,217 shares for 0.04% of their portfolio. Carroll Assoc owns 3,353 shares or 0.02% of their US portfolio.

Since January 4, 2018, it had 0 buys, and 3 insider sales for $9.83 million activity. $682,900 worth of Paychex, Inc. (NASDAQ:PAYX) shares were sold by Vossler Jennifer R..

Rafferty Asset Management Llc, which manages about $7.35B and $5.79B US Long portfolio, upped its stake in Boston Properties Inc (NYSE:BXP) by 7,912 shares to 33,651 shares, valued at $4.38M in 2017Q4, according to the filing. It also increased its holding in Douglas Emmett Inc (NYSE:DEI) by 10,507 shares in the quarter, for a total of 34,732 shares, and has risen its stake in Enlink Midstream Partners Lp (NYSE:ENLK).

Among 18 analysts covering Paychex (NASDAQ:PAYX), 1 have Buy rating, 1 Sell and 16 Hold. Therefore 6% are positive. Paychex had 54 analyst reports since August 14, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Thursday, August 17 by Stifel Nicolaus. Wells Fargo maintained the stock with “Market Perform” rating in Wednesday, October 4 report. Citigroup upgraded it to “Hold” rating and $67.0 target in Monday, December 4 report. The company was maintained on Thursday, December 21 by RBC Capital Markets. On Thursday, December 22 the stock rating was maintained by RBC Capital Markets with “Underperform”. The stock of Paychex, Inc. (NASDAQ:PAYX) earned “Hold” rating by Robert W. Baird on Monday, March 26. Barclays Capital initiated Paychex, Inc. (NASDAQ:PAYX) on Tuesday, December 20 with “Equal Weight” rating. The rating was maintained by RBC Capital Markets with “Sell” on Monday, November 20. The stock has “Hold” rating by RBC Capital Markets on Monday, April 2. The company was maintained on Wednesday, October 4 by Citigroup.

Analysts await Paychex, Inc. (NASDAQ:PAYX) to report earnings on June, 27. They expect $0.61 earnings per share, up 12.96% or $0.07 from last year’s $0.54 per share. PAYX’s profit will be $219.16 million for 26.57 P/E if the $0.61 EPS becomes a reality. After $0.63 actual earnings per share reported by Paychex, Inc. for the previous quarter, Wall Street now forecasts -3.17% negative EPS growth.

Another recent and important Paychex, Inc. (NASDAQ:PAYX) news was published by Investorplace.com which published an article titled: “20 High-Dividend Stocks With Too Much Cash to Count” on May 18, 2018.

Investors sentiment decreased to 1.26 in 2017 Q4. Its down 0.03, from 1.29 in 2017Q3. It dropped, as 6 investors sold ICD shares while 21 reduced holdings. 10 funds opened positions while 24 raised stakes. 26.88 million shares or 4.57% less from 28.16 million shares in 2017Q3 were reported. Van Eck Associate stated it has 206,200 shares or 0% of all its holdings. Ny State Common Retirement Fund reported 0% of its portfolio in Independence Contract Drilling, Inc. (NYSE:ICD). Bb&T Securities Ltd Liability Co holds 35,000 shares or 0% of its portfolio. Legal And General Gru Plc holds 0% or 7,099 shares. Brandywine Mngmt Lc holds 0% of its portfolio in Independence Contract Drilling, Inc. (NYSE:ICD) for 1 shares. Financial Bank Of America Corporation De holds 0% of its portfolio in Independence Contract Drilling, Inc. (NYSE:ICD) for 16,708 shares. Oceanic Investment holds 171,664 shares or 0.64% of its portfolio. Rhumbline Advisers reported 32,141 shares. State Board Of Administration Of Florida Retirement System stated it has 0% of its portfolio in Independence Contract Drilling, Inc. (NYSE:ICD). Adage Cap Prns Group Incorporated Ltd Liability Corporation owns 2.69M shares. Credit Suisse Ag owns 11,314 shares or 0% of their US portfolio. Wells Fargo Mn holds 0% or 51,032 shares. Boothbay Fund Mngmt Lc reported 0.01% in Independence Contract Drilling, Inc. (NYSE:ICD). The Missouri-based Kennedy Cap has invested 0.04% in Independence Contract Drilling, Inc. (NYSE:ICD). Manufacturers Life Insurance Communication The owns 18,545 shares.

More news for Independence Contract Drilling, Inc. (NYSE:ICD) were recently published by: Seekingalpha.com, which released: “Independence Contract Drilling’s (ICD) CEO Byron Dunn on Q1 2018 Results – Earnings Call Transcript” on April 26, 2018. Streetinsider.com‘s article titled: “Independence Contract Drilling (ICD) Tops Q1 EPS by 1c, Beats on Revenues” and published on April 26, 2018 is yet another important article.

Among 8 analysts covering Independence Contract Drilling (NYSE:ICD), 7 have Buy rating, 1 Sell and 0 Hold. Therefore 88% are positive. Independence Contract Drilling had 28 analyst reports since August 10, 2015 according to SRatingsIntel. The firm has “Outperform” rating given on Friday, September 29 by RBC Capital Markets. The firm has “Buy” rating given on Monday, August 10 by Zacks. The stock of Independence Contract Drilling, Inc. (NYSE:ICD) has “Buy” rating given on Thursday, July 20 by RBC Capital Markets. Tudor Pickering upgraded Independence Contract Drilling, Inc. (NYSE:ICD) on Tuesday, November 29 to “Buy” rating. On Monday, May 29 the stock rating was downgraded by ValuEngine to “Sell”. The stock of Independence Contract Drilling, Inc. (NYSE:ICD) earned “Buy” rating by Cowen & Co on Thursday, September 14. The rating was maintained by RBC Capital Markets on Thursday, December 21 with “Buy”. The company was initiated on Thursday, September 15 by DA Davidson. The rating was maintained by Cowen & Co on Thursday, August 10 with “Buy”. The stock of Independence Contract Drilling, Inc. (NYSE:ICD) has “Buy” rating given on Wednesday, October 18 by Cowen & Co.

Independence Contract Drilling, Inc. (NYSE:ICD) Institutional Positions Chart

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