Sumitomo Life Insurance Company Cut Microsoft Com (MSFT) Position; Dean Investment Associates Has Boosted By $814,967 Its Paychex (PAYX) Holding

January 14, 2018 - By Michael Collier

Dean Investment Associates Llc increased Paychex Inc (PAYX) stake by 62.08% reported in 2017Q3 SEC filing. Dean Investment Associates Llc acquired 13,813 shares as Paychex Inc (PAYX)’s stock declined 2.74%. The Dean Investment Associates Llc holds 36,065 shares with $2.16 million value, up from 22,252 last quarter. Paychex Inc now has $24.30B valuation. The stock increased 1.20% or $0.8 during the last trading session, reaching $67.66. About 2.02 million shares traded or 7.51% up from the average. Paychex, Inc. (NASDAQ:PAYX) has risen 11.22% since January 14, 2017 and is uptrending. It has underperformed by 5.48% the S&P500.

Sumitomo Life Insurance Company decreased Microsoft Corp Com (MSFT) stake by 1.75% reported in 2017Q3 SEC filing. Sumitomo Life Insurance Company sold 4,348 shares as Microsoft Corp Com (MSFT)’s stock rose 4.75%. The Sumitomo Life Insurance Company holds 243,568 shares with $18.14M value, down from 247,916 last quarter. Microsoft Corp Com now has $691.23B valuation. The stock increased 1.73% or $1.52 during the last trading session, reaching $89.6. About 24.27 million shares traded or 8.63% up from the average. Microsoft Corporation (NASDAQ:MSFT) has risen 34.52% since January 14, 2017 and is uptrending. It has outperformed by 17.82% the S&P500.

Dean Investment Associates Llc decreased Blackstone Mortgage Trust (NYSE:BXMT) stake by 79,980 shares to 166,245 valued at $5.16M in 2017Q3. It also reduced Emerson Electric Co (NYSE:EMR) stake by 10,158 shares and now owns 82,233 shares. Convergys Corp (NYSE:CVG) was reduced too.

Among 18 analysts covering Paychex (NASDAQ:PAYX), 1 have Buy rating, 2 Sell and 15 Hold. Therefore 6% are positive. Paychex had 43 analyst reports since August 14, 2015 according to SRatingsIntel. As per Wednesday, October 4, the company rating was maintained by BMO Capital Markets. The firm earned “Hold” rating on Friday, August 18 by BMO Capital Markets. Bank of America downgraded the shares of PAYX in report on Tuesday, January 9 to “Hold” rating. The rating was maintained by Robert W. Baird with “Hold” on Tuesday, October 3. Bank of America maintained Paychex, Inc. (NASDAQ:PAYX) on Wednesday, October 4 with “Buy” rating. The stock has “Sell” rating by Citigroup on Wednesday, October 4. The firm has “Neutral” rating given on Friday, September 9 by Wedbush. The stock of Paychex, Inc. (NASDAQ:PAYX) earned “Sell” rating by RBC Capital Markets on Wednesday, June 28. On Wednesday, January 11 the stock rating was upgraded by Bernstein to “Mkt Perform”. Goldman Sachs downgraded the shares of PAYX in report on Tuesday, June 20 to “Neutral” rating.

Since September 25, 2017, it had 0 buys, and 6 sales for $7.89 million activity. Gioja Michael E sold $2.36M worth of stock. MUCCI MARTIN also sold $1.88 million worth of Paychex, Inc. (NASDAQ:PAYX) on Thursday, October 5. $930,000 worth of Paychex, Inc. (NASDAQ:PAYX) was sold by Zaucha Laurie L. on Tuesday, October 3. $703,546 worth of Paychex, Inc. (NASDAQ:PAYX) was sold by Vossler Jennifer R. on Friday, October 6.

Investors sentiment decreased to 1.02 in Q3 2017. Its down 0.01, from 1.03 in 2017Q2. It turned 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. Private Advisor Group Limited Liability Corp holds 0.06% of its portfolio in Paychex, Inc. (NASDAQ:PAYX) for 35,124 shares. Redmond Asset Ltd Limited Liability Company accumulated 0.26% or 9,487 shares. Virtus Advisers reported 8,634 shares. Brookmont Mgmt holds 2.07% in Paychex, Inc. (NASDAQ:PAYX) or 63,196 shares. Tirschwell & Loewy Inc stated it has 0.27% of its portfolio in Paychex, Inc. (NASDAQ:PAYX). Tiaa Cref Mgmt Ltd holds 0.04% or 955,246 shares in its portfolio. Bancorporation Of Nova Scotia Trust holds 3,126 shares or 0.02% of its portfolio. Badgley Phelps & Bell reported 3,755 shares. Ingalls And Snyder Ltd Liability stated it has 4,025 shares or 0.01% of all its holdings. Services Automobile Association accumulated 398,487 shares or 0.07% of the stock. Tompkins reported 325 shares. Tnb Finance has invested 0.06% in Paychex, Inc. (NASDAQ:PAYX). Community Bancorporation Na holds 0% or 549 shares in its portfolio. Pennsylvania Trust, a Pennsylvania-based fund reported 16,106 shares. Toronto Dominion Bancshares holds 0.03% or 131,063 shares.

Analysts await Microsoft Corporation (NASDAQ:MSFT) to report earnings on January, 25. They expect $0.86 earnings per share, up 3.61% or $0.03 from last year’s $0.83 per share. MSFT’s profit will be $6.63B for 26.05 P/E if the $0.86 EPS becomes a reality. After $0.84 actual earnings per share reported by Microsoft Corporation for the previous quarter, Wall Street now forecasts 2.38% EPS growth.

Investors sentiment increased to 0.83 in Q3 2017. Its up 0.01, from 0.82 in 2017Q2. It is positive, as 40 investors sold MSFT shares while 952 reduced holdings. 114 funds opened positions while 708 raised stakes. 5.51 billion shares or 0.32% less from 5.53 billion shares in 2017Q2 were reported. Amer Asset Management Inc invested in 21,037 shares. Ashmore Wealth Ltd Limited Liability Company has 3.69M shares for 14.87% of their portfolio. Moreover, Cidel Asset Mngmt has 1.07% invested in Microsoft Corporation (NASDAQ:MSFT) for 319,073 shares. Cibc World Mkts Inc reported 0.5% of its portfolio in Microsoft Corporation (NASDAQ:MSFT). Saturna Corporation has invested 1.79% in Microsoft Corporation (NASDAQ:MSFT). Winslow Capital Mgmt Limited Company invested in 3.58% or 8.92M shares. Connecticut-based Bradley Foster Sargent Ct has invested 3.43% in Microsoft Corporation (NASDAQ:MSFT). 878,355 are owned by Scotia. Peapack Gladstone Corp holds 298,742 shares or 1.28% of its portfolio. Suntrust Banks reported 1.1% in Microsoft Corporation (NASDAQ:MSFT). Tower Rech Capital Ltd Com (Trc) reported 68,351 shares. Apg Asset Mgmt Nv owns 10.39M shares. Fincl Mngmt Professionals reported 833 shares or 0.03% of all its holdings. Mcmillion Cap Mgmt reported 101,179 shares. Northstar Gp owns 0.24% invested in Microsoft Corporation (NASDAQ:MSFT) for 5,697 shares.

Sumitomo Life Insurance Company increased Mckesson Corp (NYSE:MCK) stake by 2,901 shares to 6,180 valued at $949,000 in 2017Q3. It also upped Coca Cola Co Com (NYSE:KO) stake by 51,480 shares and now owns 161,943 shares. Costco Whsl Corp New Com (NASDAQ:COST) was raised too.

Among 35 analysts covering Microsoft Corporation (NASDAQ:MSFT), 29 have Buy rating, 2 Sell and 4 Hold. Therefore 83% are positive. Microsoft Corporation had 142 analyst reports since July 22, 2015 according to SRatingsIntel. The stock of Microsoft Corporation (NASDAQ:MSFT) has “Buy” rating given on Wednesday, November 15 by Bernstein. Deutsche Bank maintained Microsoft Corporation (NASDAQ:MSFT) on Friday, July 21 with “Buy” rating. On Friday, October 21 the stock rating was upgraded by William Blair to “Outperform”. The stock of Microsoft Corporation (NASDAQ:MSFT) has “Sell” rating given on Friday, July 21 by Citigroup. The firm has “Buy” rating by BMO Capital Markets given on Wednesday, August 23. Stifel Nicolaus maintained it with “Buy” rating and $60 target in Wednesday, July 20 report. Argus Research upgraded the stock to “Buy” rating in Tuesday, October 31 report. The stock of Microsoft Corporation (NASDAQ:MSFT) earned “Buy” rating by Stifel Nicolaus on Friday, July 21. UBS maintained it with “Buy” rating and $105.0 target in Friday, December 8 report. RBC Capital Markets maintained the shares of MSFT in report on Friday, January 27 with “Outperform” rating.

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