Fcm Investments Has Decreased Stake in Paycom Software (PAYC) by $418,400; As Goodyear Tire & Rubber Co Com (GT) Stock Declined, Shareholder Birmingham Capital Management Co Has Decreased Stake

May 21, 2018 - By Marie Mckinney

Paycom Software, Inc. (NYSE:PAYC) Logo

Fcm Investments decreased its stake in Paycom Software Inc. (PAYC) by 10.24% based on its latest 2017Q4 regulatory filing with the SEC. Fcm Investments sold 5,230 shares as the company’s stock rose 33.33% while stock markets declined. The hedge fund held 45,851 shares of the technology company at the end of 2017Q4, valued at $3.68M, down from 51,081 at the end of the previous reported quarter. Fcm Investments who had been investing in Paycom Software Inc. for a number of months, seems to be less bullish one the $6.05 billion market cap company. The stock decreased 1.07% or $1.1 during the last trading session, reaching $102.42. About 365,680 shares traded. Paycom Software, Inc. (NYSE:PAYC) has risen 92.63% since May 21, 2017 and is uptrending. It has outperformed by 81.08% the S&P500.

Birmingham Capital Management Co Inc decreased its stake in Goodyear Tire & Rubber Co Com (GT) by 9.15% based on its latest 2017Q4 regulatory filing with the SEC. Birmingham Capital Management Co Inc sold 18,020 shares as the company’s stock declined 18.63% with the market. The institutional investor held 178,875 shares of the automotive aftermarket company at the end of 2017Q4, valued at $5.78M, down from 196,895 at the end of the previous reported quarter. Birmingham Capital Management Co Inc who had been investing in Goodyear Tire & Rubber Co Com for a number of months, seems to be less bullish one the $6.25 billion market cap company. The stock decreased 0.40% or $0.1 during the last trading session, reaching $26.05. About 1.90 million shares traded. The Goodyear Tire & Rubber Company (NASDAQ:GT) has declined 25.73% since May 21, 2017 and is downtrending. It has underperformed by 37.28% the S&P500.

Among 13 analysts covering Goodyear Tire (NASDAQ:GT), 7 have Buy rating, 0 Sell and 6 Hold. Therefore 54% are positive. Goodyear Tire had 37 analyst reports since October 28, 2015 according to SRatingsIntel. Goldman Sachs maintained the stock with “Hold” rating in Tuesday, August 1 report. The rating was maintained by Argus Research on Tuesday, November 10 with “Buy”. The firm earned “Overweight” rating on Thursday, June 1 by Morgan Stanley. The firm has “Buy” rating by Berenberg given on Tuesday, November 22. On Tuesday, November 29 the stock rating was initiated by Jefferies with “Buy”. The firm has “Hold” rating by Standpoint Research given on Wednesday, October 28. The firm earned “Buy” rating on Sunday, January 28 by Jefferies. The company was downgraded on Monday, October 30 by Citigroup. As per Wednesday, April 4, the company rating was maintained by Jefferies. The firm earned “Buy” rating on Thursday, January 14 by Standpoint Research.

Another recent and important The Goodyear Tire & Rubber Company (NASDAQ:GT) news was published by Bizjournals.com which published an article titled: “Waste Management names new board chairman” on May 18, 2018.

Investors sentiment decreased to 0.75 in Q4 2017. Its down 0.29, from 1.04 in 2017Q3. It dived, as 41 investors sold GT shares while 163 reduced holdings. 40 funds opened positions while 112 raised stakes. 211.29 million shares or 6.62% less from 226.27 million shares in 2017Q3 were reported. Smith Moore has 0.05% invested in The Goodyear Tire & Rubber Company (NASDAQ:GT). 37,825 are owned by Quadrant Capital Mngmt Ltd Liability Co. Tru Department Mb State Bank N A has 650 shares. Conning holds 0.01% of its portfolio in The Goodyear Tire & Rubber Company (NASDAQ:GT) for 13,044 shares. New York State Teachers Retirement System has invested 0.04% in The Goodyear Tire & Rubber Company (NASDAQ:GT). 35,930 were reported by Mengis Management. Ubs Asset Mngmt Americas invested 0.02% of its portfolio in The Goodyear Tire & Rubber Company (NASDAQ:GT). Amica Retiree Medical has invested 0.03% in The Goodyear Tire & Rubber Company (NASDAQ:GT). Afam reported 228,632 shares. Nuwave Mngmt Limited Com holds 0% or 55 shares in its portfolio. Bowling Port Limited Liability reported 73,566 shares stake. Ironwood Inv Management Ltd Liability Corp stated it has 17,583 shares. Goodman Fincl holds 0.03% or 2,000 shares. Livforsakringsbolaget Skandia Omsesidigt reported 0.01% of its portfolio in The Goodyear Tire & Rubber Company (NASDAQ:GT). Proshare Advsr Limited has invested 0.01% of its portfolio in The Goodyear Tire & Rubber Company (NASDAQ:GT).

Birmingham Capital Management Co Inc, which manages about $295.57M and $261.31M US Long portfolio, upped its stake in General Mills (NYSE:GIS) by 10,400 shares to 17,400 shares, valued at $1.03M in 2017Q4, according to the filing.

Analysts await The Goodyear Tire & Rubber Company (NASDAQ:GT) to report earnings on July, 27. They expect $0.74 EPS, up 5.71% or $0.04 from last year’s $0.7 per share. GT’s profit will be $177.43 million for 8.80 P/E if the $0.74 EPS becomes a reality. After $0.50 actual EPS reported by The Goodyear Tire & Rubber Company for the previous quarter, Wall Street now forecasts 48.00% EPS growth.

Analysts await Paycom Software, Inc. (NYSE:PAYC) to report earnings on August, 7. They expect $0.36 EPS, up 50.00% or $0.12 from last year’s $0.24 per share. PAYC’s profit will be $21.26 million for 71.13 P/E if the $0.36 EPS becomes a reality. After $0.69 actual EPS reported by Paycom Software, Inc. for the previous quarter, Wall Street now forecasts -47.83% negative EPS growth.

More news for Paycom Software, Inc. (NYSE:PAYC) were recently published by: Fool.com, which released: “Paycom Software Starts 2018 Strong, Increases Guidance” on May 02, 2018. Globenewswire.com‘s article titled: “Recent Analysis Shows Paycom Software, American Renal Associates, Knowles, Timken, Nevro, and Unisys Market …” and published on May 15, 2018 is yet another important article.

The Goodyear Tire & Rubber Company (NASDAQ:GT) Institutional Positions Chart

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