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$0.61 EPS Expected for Paychex, Inc. (PAYX); Park West Asset Management Cut Shutterfly (Call) (SFLY) Holding By $67.10 Million

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Analysts expect Paychex, Inc. (NASDAQ:PAYX) to report $0.61 EPS on June, 27.They anticipate $0.07 EPS change or 12.96% from last quarter’s $0.54 EPS. PAYX’s profit would be $219.16M giving it 26.81 P/E if the $0.61 EPS is correct. After having $0.63 EPS previously, Paychex, Inc.’s analysts see -3.17% EPS growth. The stock increased 0.46% or $0.3 during the last trading session, reaching $65.42. About 2.02 million shares traded. Paychex, Inc. (NASDAQ:PAYX) has declined 1.72% since May 23, 2017 and is downtrending. It has underperformed by 13.27% the S&P500.

Park West Asset Management Llc decreased Shutterfly Inc (Call) (SFLY) stake by 93.47% reported in 2017Q4 SEC filing. Park West Asset Management Llc sold 1.37 million shares as Shutterfly Inc (Call) (SFLY)’s stock rose 74.27%. The Park West Asset Management Llc holds 95,646 shares with $4.76 million value, down from 1.47 million last quarter. Shutterfly Inc (Call) now has $3.10B valuation. The stock decreased 1.78% or $1.69 during the last trading session, reaching $93.39. About 410,161 shares traded. Shutterfly, Inc. (NASDAQ:SFLY) has risen 76.18% since May 23, 2017 and is uptrending. It has outperformed by 64.63% the S&P500.

Investors sentiment decreased to 0.92 in 2017 Q4. Its down 0.10, from 1.02 in 2017Q3. It turned negative, as 39 investors sold Paychex, Inc. 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. Tocqueville Asset Mngmt Limited Partnership invested in 8,090 shares or 0.01% of the stock. Citigroup Inc owns 0.03% invested in Paychex, Inc. (NASDAQ:PAYX) for 586,271 shares. Envestnet Asset has 131,792 shares. Gateway Advisory reported 3,144 shares or 0.06% of all its holdings. Fiera stated it has 13,118 shares or 0% of all its holdings. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Inv Management Corporation reported 0.14% in Paychex, Inc. (NASDAQ:PAYX). Nomura Asset Mgmt Limited has invested 0.15% in Paychex, Inc. (NASDAQ:PAYX). Woodmont Inv Counsel Ltd holds 1.06% of its portfolio in Paychex, Inc. (NASDAQ:PAYX) for 60,451 shares. Ameritas Investment Prns invested in 13,597 shares or 0.04% of the stock. Azimuth Mgmt Llc stated it has 0.34% of its portfolio in Paychex, Inc. (NASDAQ:PAYX). Moreover, Bb&T has 0.02% invested in Paychex, Inc. (NASDAQ:PAYX). Advantus Cap owns 32,595 shares. Leavell Inv Mgmt accumulated 4,170 shares or 0.03% of the stock. First Retail Bank Of Omaha invested in 50,760 shares. Green Square Cap Ltd Liability Corp holds 0.13% of its portfolio in Paychex, Inc. (NASDAQ:PAYX) for 13,024 shares.

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. Goldman Sachs upgraded the stock to “Buy” rating in Friday, December 16 report. The company was maintained on Wednesday, June 28 by Stifel Nicolaus. The rating was maintained by Robert W. Baird with “Hold” on Monday, March 26. The company was maintained on Thursday, December 24 by Argus Research. The firm earned “Hold” rating on Tuesday, April 17 by Bank of America. RBC Capital Markets maintained Paychex, Inc. (NASDAQ:PAYX) on Wednesday, June 28 with “Sell” rating. On Tuesday, October 3 the stock rating was maintained by Robert W. Baird with “Hold”. Citigroup maintained the shares of PAYX in report on Wednesday, March 28 with “Neutral” rating. Bernstein upgraded the shares of PAYX in report on Wednesday, January 11 to “Mkt Perform” rating. The firm has “Equal Weight” rating by Barclays Capital given on Tuesday, December 20.

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.

Since January 4, 2018, it had 0 insider purchases, and 4 selling transactions for $10.03 million activity. 10,000 shares were sold by Vossler Jennifer R., worth $682,900 on Tuesday, January 16. $200,135 worth of stock was sold by VELLI JOSEPH M on Friday, May 18. Shares for $6.78M were sold by Gioja Michael E.

Paychex, Inc. provides payroll, human resource , retirement, and insurance services for small to medium-sized businesses in the United States and Germany. The company has market cap of $23.50 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. It has a 28.2 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.

Investors sentiment increased to 1.09 in 2017 Q4. Its up 0.08, from 1.01 in 2017Q3. It improved, as 23 investors sold SFLY shares while 54 reduced holdings. 30 funds opened positions while 54 raised stakes. 33.16 million shares or 0.61% less from 33.36 million shares in 2017Q3 were reported. Aperio Gp Llc, a California-based fund reported 15,865 shares. American holds 0% of its portfolio in Shutterfly, Inc. (NASDAQ:SFLY) for 26,293 shares. Landscape Capital Ltd Liability Corp holds 0.87% or 196,739 shares. Rafferty Asset Mgmt Limited holds 0.01% of its portfolio in Shutterfly, Inc. (NASDAQ:SFLY) for 6,851 shares. California State Teachers Retirement Sys invested in 0.01% or 52,798 shares. Moreover, Matarin Capital Mgmt Limited Liability Company has 0.46% invested in Shutterfly, Inc. (NASDAQ:SFLY). Morgan Stanley holds 422,638 shares. Canada Pension Plan Investment Board holds 57,540 shares or 0.01% of its portfolio. Geode Capital Limited Liability accumulated 394,539 shares. Credit Suisse Ag stated it has 0.01% in Shutterfly, Inc. (NASDAQ:SFLY). Zurcher Kantonalbank (Zurich Cantonalbank) reported 0% of its portfolio in Shutterfly, Inc. (NASDAQ:SFLY). Ancora Ltd Liability holds 220,360 shares or 0.58% of its portfolio. Glenmede Trust Na invested in 294 shares or 0% of the stock. Engineers Gate Manager Ltd Partnership has invested 0.22% of its portfolio in Shutterfly, Inc. (NASDAQ:SFLY). Invesco Ltd owns 0% invested in Shutterfly, Inc. (NASDAQ:SFLY) for 85,939 shares.

Analysts await Shutterfly, Inc. (NASDAQ:SFLY) to report earnings on July, 24. They expect $-0.83 EPS, down 88.64% or $0.39 from last year’s $-0.44 per share. After $-0.73 actual EPS reported by Shutterfly, Inc. for the previous quarter, Wall Street now forecasts 13.70% negative EPS growth.

Since December 30, 2017, it had 0 insider purchases, and 25 insider sales for $32.33 million activity. 11,958 shares were sold by Lokuge Ishantha, worth $963,863. The insider POPE MICHAEL W sold 22,975 shares worth $2.13M. Sebring Jason also sold $123,532 worth of Shutterfly, Inc. (NASDAQ:SFLY) on Wednesday, February 21. Shares for $377,135 were sold by MENON SATISH. North Christopher sold $11.52 million worth of Shutterfly, Inc. (NASDAQ:SFLY) on Wednesday, January 31. BLACKWOOD-KAPRAL LISA also sold $47,057 worth of Shutterfly, Inc. (NASDAQ:SFLY) shares. $529,942 worth of Shutterfly, Inc. (NASDAQ:SFLY) shares were sold by BORIS JOHN.

Park West Asset Management Llc increased Silicon Motion Technology Co (NASDAQ:SIMO) stake by 465,338 shares to 1.15 million valued at $60.66M in 2017Q4. It also upped Federal Str Acquisition Corp stake by 33,997 shares and now owns 849,397 shares. Heska Corp (NASDAQ:HSKA) was raised too.

Paychex, Inc. (NASDAQ:PAYX) Institutional Positions Chart

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