Paychex Com (PAYX) Holder Churchill Management Lowered Its Position; Mason Street Advisors Has Lowered Stake in General Mtrs Co (GM) by $341,320 as Share Price Declined

February 15, 2018 - By Linda Rogers

Mason Street Advisors Llc decreased its stake in General Mtrs Co (GM) by 4.48% based on its latest 2017Q3 regulatory filing with the SEC. Mason Street Advisors Llc sold 8,533 shares as the company’s stock declined 12.09% while stock markets rallied. The institutional investor held 182,059 shares of the auto manufacturing company at the end of 2017Q3, valued at $7.35M, down from 190,592 at the end of the previous reported quarter. Mason Street Advisors Llc who had been investing in General Mtrs Co for a number of months, seems to be less bullish one the $58.24B market cap company. The stock decreased 0.68% or $0.28 during the last trading session, reaching $41.53. About 5.59 million shares traded. General Motors Company (NYSE:GM) has risen 7.92% since February 15, 2017 and is uptrending. It has underperformed by 8.78% the S&P500.

Churchill Management Corp decreased its stake in Paychex Inc Com (PAYX) by 5.01% based on its latest 2017Q3 regulatory filing with the SEC. Churchill Management Corp sold 15,551 shares as the company’s stock declined 2.74% while stock markets rallied. The institutional investor held 294,808 shares of the consumer services company at the end of 2017Q3, valued at $17.68 million, down from 310,359 at the end of the previous reported quarter. Churchill Management Corp who had been investing in Paychex Inc Com for a number of months, seems to be less bullish one the $23.72 billion market cap company. The stock increased 1.01% or $0.66 during the last trading session, reaching $66.03. About 738,496 shares traded. Paychex, Inc. (NASDAQ:PAYX) has risen 11.22% since February 15, 2017 and is uptrending. It has underperformed by 5.48% the S&P500.

Churchill Management Corp, which manages about $3.45B and $4.07B US Long portfolio, upped its stake in Qorvo Inc by 5,240 shares to 42,660 shares, valued at $3.02M in 2017Q3, according to the filing. It also increased its holding in Powershares Qqq Trust Unit Ser (QQQ) by 150,394 shares in the quarter, for a total of 3.67M shares, and has risen its stake in Cigna Corp (NYSE:CI).

Investors sentiment decreased to 1.02 in 2017 Q3. Its down 0.01, from 1.03 in 2017Q2. It is negative, as 57 investors sold PAYX shares while 263 reduced holdings. 65 funds opened positions while 260 raised stakes. 238.82 million shares or 0.48% more from 237.67 million shares in 2017Q2 were reported. West Oak Capital Ltd invested in 20,660 shares. Blackrock stated it has 0.08% in Paychex, Inc. (NASDAQ:PAYX). Webster Bancorporation N A holds 0.02% or 2,708 shares. Bb&T Securities Limited Company holds 0.25% of its portfolio in Paychex, Inc. (NASDAQ:PAYX) for 309,969 shares. Nomura Asset Mgmt holds 240,765 shares. Albert D Mason invested in 1.36% or 28,177 shares. Castleark Management Limited Com invested in 14,740 shares. Sabal accumulated 2.56% or 427,468 shares. Advisors Asset Management holds 298,590 shares or 0.3% of its portfolio. 37,802 were accumulated by Nordea Invest Mgmt Ab. Chesley Taft Assocs Ltd Liability Corp owns 4,735 shares. Neuberger Berman Grp Inc Ltd Liability reported 808,242 shares. Godshalk Welsh Capital holds 27,720 shares. Prudential Public Limited holds 0.01% or 32,400 shares. Pennsylvania-based Guyasuta Invest Advsrs has invested 0.05% in Paychex, Inc. (NASDAQ:PAYX).

Since September 25, 2017, it had 0 insider purchases, and 7 sales for $8.57 million activity. Gioja Michael E also sold $2.36 million worth of Paychex, Inc. (NASDAQ:PAYX) shares. Vossler Jennifer R. sold 10,000 shares worth $682,900. Shares for $1.88 million were sold by MUCCI MARTIN on Thursday, October 5.

Among 18 analysts covering Paychex (NASDAQ:PAYX), 1 have Buy rating, 2 Sell and 15 Hold. Therefore 6% are positive. Paychex had 44 analyst reports since August 14, 2015 according to SRatingsIntel. The stock of Paychex, Inc. (NASDAQ:PAYX) has “Hold” rating given on Thursday, December 21 by Stifel Nicolaus. BMO Capital Markets maintained the stock with “Hold” rating in Wednesday, June 28 report. The firm earned “Buy” rating on Friday, December 16 by Goldman Sachs. As per Tuesday, December 20, the company rating was initiated by Barclays Capital. The firm has “Neutral” rating given on Tuesday, June 20 by Goldman Sachs. The stock of Paychex, Inc. (NASDAQ:PAYX) earned “Neutral” rating by JP Morgan on Friday, August 14. The firm earned “Sell” rating on Sunday, September 10 by RBC Capital Markets. On Thursday, August 17 the stock rating was maintained by Stifel Nicolaus with “Hold”. The rating was maintained by RBC Capital Markets on Wednesday, June 28 with “Sell”. The stock of Paychex, Inc. (NASDAQ:PAYX) earned “Buy” rating by Bank of America on Wednesday, October 4.

Among 29 analysts covering General Motors Company (NYSE:GM), 16 have Buy rating, 3 Sell and 10 Hold. Therefore 55% are positive. General Motors Company had 90 analyst reports since July 24, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Wednesday, October 11 by UBS. The rating was initiated by Piper Jaffray on Friday, June 10 with “Overweight”. As per Wednesday, February 14, the company rating was maintained by Morgan Stanley. The rating was maintained by Morgan Stanley with “Overweight” on Wednesday, June 28. The firm earned “Equal-Weight” rating on Wednesday, October 25 by Morgan Stanley. Morgan Stanley upgraded the shares of GM in report on Friday, May 6 to “Equal-Weight” rating. The rating was upgraded by Barclays Capital to “Overweight” on Friday, October 13. RBC Capital Markets maintained it with “Hold” rating and $3700 target in Friday, July 14 report. The company was downgraded on Thursday, September 14 by Standpoint Research. The firm has “Outperform” rating given on Tuesday, December 19 by RBC Capital Markets.

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