Davenport & Company Has Cut Its Payx (PAYX) Position; Last Week AngloGold Ashanti Limited (AU) Analysts

Paychex, Inc. (NASDAQ:PAYX) Logo

Davenport & Company Llc decreased Payx (PAYX) stake by 3.75% reported in 2018Q1 SEC filing. Davenport & Company Llc sold 604 shares as Payx (PAYX)’s stock declined 1.39%. The Davenport & Company Llc holds 15,486 shares with $953.79M value, down from 16,090 last quarter. Payx now has $25.15 billion valuation. The stock increased 0.11% or $0.08 during the last trading session, reaching $70. About 80,159 shares traded. Paychex, Inc. (NASDAQ:PAYX) has risen 11.49% since June 21, 2017 and is uptrending. It has underperformed by 1.08% the S&P500. Some Historical PAYX News: 20/03/2018 – Paychex Wins Stevie® Award for Customer Service; 29/05/2018 – Small businesses should focus on trying to pay more in order to attract hard-to-find workers, according to Paychex CEO Martin Mucci; 26/03/2018 – Paychex Sees FY18 Service Revenue Up About 2%; 27/04/2018 – PAYCHEX BOOSTS QTRLY DIV BY 12%; 06/04/2018 – Paychex Presenting at Conference Apr 6; 30/04/2018 – Paychex Board Votes to Expand to 11 Members, Appointed Pamela A. Joseph to Fill Position; 26/03/2018 – PAYCHEX 3Q REV. $866.5M, EST. $854.1M; 01/05/2018 – Paychex Collaborates with Workplace by Facebook to Bring New Communication Tools to Paychex Flex® Users; 26/03/2018 – PAYCHEX 3Q ADJ EPS 63C, EST. 63C; 27/04/2018 – Paychex Raises Quarterly Dividend to 56c From 50c

Among 5 analysts covering Anglogold Ashanti Limited (NYSE:AU), 4 have Buy rating, 1 Sell and 0 Hold. Therefore 80% are positive. Anglogold Ashanti Limited has $12.50 highest and $8.50 lowest target. $8.50’s average target is 3.79% above currents $8.19 stock price. Anglogold Ashanti Limited had 12 analyst reports since August 18, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Monday, January 18 by Goldman Sachs. Goldman Sachs upgraded AngloGold Ashanti Limited (NYSE:AU) on Friday, January 15 to “Buy” rating. The company was upgraded on Tuesday, February 23 by Citigroup. The firm has “Sector Perform” rating given on Tuesday, March 8 by RBC Capital Markets. The rating was upgraded by HSBC on Tuesday, November 7 to “Buy”. The stock of AngloGold Ashanti Limited (NYSE:AU) has “Outperform” rating given on Monday, April 11 by RBC Capital Markets. The firm has “Outperform” rating given on Monday, November 13 by RBC Capital Markets. RBC Capital Markets downgraded AngloGold Ashanti Limited (NYSE:AU) on Monday, April 24 to “Sector Perform” rating. The stock has “Sell” rating by Citigroup on Tuesday, May 10. See AngloGold Ashanti Limited (NYSE:AU) latest ratings:

More news for AngloGold Ashanti Limited (NYSE:AU) were recently published by: Investingnews.com, which released: “AngloGold Ashanti Continues Collaboration with Matsa Resources” on June 20, 2018. Seekingalpha.com‘s article titled: “Ghana gold miners welcome new government export tests” and published on May 31, 2018 is yet another important article.

AngloGold Ashanti Limited operates as a gold mining and exploration company. The company has market cap of $3.53 billion. The firm also produces silver, uranium oxide, copper, and sulphuric acid. It currently has negative earnings. The Company’s portfolio includes 17 mines in South Africa, Continental Africa, Australasia, and the Americas.

The stock decreased 0.36% or $0.03 during the last trading session, reaching $8.19. About 217,888 shares traded. AngloGold Ashanti Limited (NYSE:AU) has declined 25.75% since June 21, 2017 and is downtrending. It has underperformed by 38.32% the S&P500. Some Historical AU News: 08/03/2018 – ANGLOGOLD MINING OPERATORS AGREED TO CONTINUE TALKS WITH GOVT; 16/04/2018 – ANGLOGOLD ASHANTI – SRINIVASAN VENKATAKRISHNAN HAS ACCEPTED AN OFFER TO BECOME CEO OF VEDANTA RESOURCES PLC; 23/05/2018 – ANGLOGOLD ASHANTI LTD – CO’S REMAINING SOUTH AFRICAN ASSETS NOW INCLUDE MPONENG UNDERGROUND GOLD MINE, AND A SURFACE OPERATION; 08/03/2018 – ANGLOGOLD ASHANTI LTD – ANGLOGOLD ASHANTI PROVIDES UPDATES ON DRC MINING CODE DISCUSSIONS; 08/05/2018 – AngloGold Ashanti 1Q Gold Production Falls Slightly; Backs Guidance; 08/05/2018 – EXCLUSIVE-SOUTH AFRICA’S NUM UNION SEEKS UP TO 37 PCT PAY HIKE FROM GOLD PRODUCERS OVER TWO YEARS – DOCUMENT; 08/03/2018 – ANGLOGOLD MET PRESIDENT KABANGE ON DRC MINING CODE; 07/03/2018 Anglogold Ashanti Limited Dealing In Securities By An Executive Director Of Anglogold Ashanti Limited; 16/04/2018 – AngloGold Ashanti’s CEO quits to take top job at Vedanta Re; 13/04/2018 – Anglogold Ashanti Limited Notice Of Annual General Meeting

Investors sentiment decreased to 0.84 in Q1 2018. Its down 0.08, from 0.92 in 2017Q4. It is negative, as 56 investors sold PAYX shares while 306 reduced holdings. 76 funds opened positions while 228 raised stakes. 238.99 million shares or 0.23% more from 238.43 million shares in 2017Q4 were reported. Spectrum Management Gp has invested 0.67% in Paychex, Inc. (NASDAQ:PAYX). Highbridge Capital Mgmt Limited Liability Company holds 0.01% or 9,064 shares in its portfolio. Select Equity Group Incorporated Ltd Partnership has 8.69M shares. Caisse De Depot Et Placement Du Quebec holds 52,099 shares. Ameriprise has 3.73M shares for 0.1% of their portfolio. Verition Fund Management Limited Liability Company holds 0.11% or 23,863 shares. Clinton Gp, a New York-based fund reported 44,091 shares. Smithbridge Asset Management Inc De has invested 0.15% of its portfolio in Paychex, Inc. (NASDAQ:PAYX). Asset invested in 21,863 shares or 0.06% of the stock. Alexandria Capital Ltd reported 0.12% stake. Prospector Partners Limited Liability Corporation owns 92,500 shares for 0.83% of their portfolio. Dupont Cap Mngmt Corp stated it has 2,187 shares. First City Cap Management invested 1.32% in Paychex, Inc. (NASDAQ:PAYX). Laffer Investments, a Tennessee-based fund reported 47,733 shares. Meiji Yasuda Life accumulated 0.08% or 8,440 shares.

Davenport & Company Llc increased Mlm (NYSE:MLM) stake by 2,854 shares to 510,301 valued at $105.79 billion in 2018Q1. It also upped Tsla (NASDAQ:TSLA) stake by 75 shares and now owns 981 shares. Vti (VTI) was raised too.

Since January 4, 2018, it had 0 buys, and 4 insider sales for $10.03 million activity. Shares for $2.36 million were sold by Gioja Michael E. Another trade for 10,000 shares valued at $682,900 was sold by Vossler Jennifer R.. On Friday, May 18 VELLI JOSEPH M sold $200,135 worth of Paychex, Inc. (NASDAQ:PAYX) or 3,079 shares.

More news for Paychex, Inc. (NASDAQ:PAYX) were recently published by: Seekingalpha.com, which released: “Paychex Bolstered By Strong Labor Market” on June 18, 2018. Investorplace.com‘s article titled: “20 Nasdaq-100 Stocks That Will Heat Up 2H18” and published on June 15, 2018 is yet another important article.

Analysts await Paychex, Inc. (NASDAQ:PAYX) to report earnings on June, 27 before the open. They expect $0.61 EPS, up 12.96% or $0.07 from last year’s $0.54 per share. PAYX’s profit will be $219.16M for 28.69 P/E if the $0.61 EPS becomes a reality. After $0.63 actual EPS reported by Paychex, Inc. for the previous quarter, Wall Street now forecasts -3.17% negative EPS growth.

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