Rk Asset Management Trimmed National Presto Industries (NPK) Stake By $520,990; Paychex, Inc. (PAYX) Had 1 Bullish Analysts

January 23, 2018 - By Martha Paddon

Rk Asset Management Llc decreased National Presto Industries (NPK) stake by 5.64% reported in 2017Q3 SEC filing. Rk Asset Management Llc sold 4,915 shares as National Presto Industries (NPK)’s stock declined 2.53%. The Rk Asset Management Llc holds 82,164 shares with $8.75M value, down from 87,079 last quarter. National Presto Industries now has $731.13M valuation. The stock increased 0.53% or $0.55 during the last trading session, reaching $104.95. About 67,476 shares traded or 90.97% up from the average. National Presto Industries, Inc. (NYSE:NPK) has risen 25.76% since January 23, 2017 and is uptrending. It has outperformed by 9.06% the S&P500.

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. The rating was maintained by Robert W. Baird on Tuesday, October 3 with “Hold”. The rating was maintained by Citigroup with “Sell” on Wednesday, October 4. Robert W. Baird maintained Paychex, Inc. (NASDAQ:PAYX) on Monday, September 11 with “Hold” rating. The rating was maintained by RBC Capital Markets with “Sell” on Monday, November 20. The firm has “Neutral” rating given on Friday, September 9 by Wedbush. The stock of Paychex, Inc. (NASDAQ:PAYX) has “Sell” rating given on Monday, November 13 by RBC Capital Markets. BMO Capital Markets maintained it with “Market Perform” rating and $62 target in Wednesday, October 4 report. The stock has “Mkt Perform” rating by Bernstein on Wednesday, January 11. The stock has “Sell” rating by RBC Capital Markets on Wednesday, June 28. BMO Capital Markets maintained Paychex, Inc. (NASDAQ:PAYX) on Friday, August 18 with “Hold” rating. See Paychex, Inc. (NASDAQ:PAYX) latest ratings:

09/01/2018 Broker: Bank of America Rating: Hold Downgrade
21/12/2017 Broker: Robert W. Baird Rating: Hold New Target: $71.0 Maintain
21/12/2017 Broker: Stifel Nicolaus Rating: Hold New Target: $68.0 Maintain
21/12/2017 Broker: RBC Capital Markets Rating: Sell New Target: $65.0 Maintain
21/12/2017 Broker: BMO Capital Markets Rating: Hold New Target: $68.0 Maintain
15/12/2017 Broker: Barclays Capital Rating: Hold New Target: $68.0
05/12/2017 Broker: Bank of America Rating: Buy New Target: $73.0
04/12/2017 Broker: Citigroup Rating: Hold New Target: $67.0 Upgrade
20/11/2017 Broker: RBC Capital Markets Rating: Sell New Target: $59.0 Maintain
13/11/2017 Broker: RBC Capital Markets Rating: Sell New Target: $57.0 Maintain

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 Paychex, Inc. 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 Tru Na reported 6,716 shares. Kornitzer Ks invested in 0.14% or 133,283 shares. Mairs Power holds 0% of its portfolio in Paychex, Inc. (NASDAQ:PAYX) for 4,391 shares. Private Advisor Grp Lc holds 0.06% or 35,124 shares in its portfolio. Georgia-based Voya Inv Management Ltd Llc has invested 0.23% in Paychex, Inc. (NASDAQ:PAYX). Prudential Financial stated it has 441,941 shares or 0.04% of all its holdings. Parsec Mngmt holds 0.03% of its portfolio in Paychex, Inc. (NASDAQ:PAYX) for 7,171 shares. Advisor Prtn Ltd Liability Com, a California-based fund reported 5,803 shares. Of Vermont invested 0.35% of its portfolio in Paychex, Inc. (NASDAQ:PAYX). Spectrum Mngmt reported 28,812 shares stake. Asset Advisors reported 229,365 shares. 7,462 were accumulated by Guyasuta Advsrs. Monetary Mngmt Inc owns 200 shares. Dimensional Fund L P stated it has 988,623 shares or 0.03% of all its holdings. Mutual Of America Cap Mgmt Lc reported 0.04% in Paychex, Inc. (NASDAQ:PAYX).

The stock increased 0.30% or $0.21 during the last trading session, reaching $69.7. About 1.68M shares traded. Paychex, Inc. (NASDAQ:PAYX) has risen 11.22% since January 23, 2017 and is uptrending. It has underperformed by 5.48% the S&P500.

Since September 25, 2017, it had 0 insider buys, and 7 selling transactions for $8.57 million activity. Zaucha Laurie L. also sold $930,000 worth of Paychex, Inc. (NASDAQ:PAYX) on Tuesday, October 3. Shares for $1.88 million were sold by MUCCI MARTIN on Thursday, October 5. Gioja Michael E sold $2.36 million worth of stock or 34,311 shares. Another trade for 10,000 shares valued at $682,900 was made by Vossler Jennifer R. on Tuesday, January 16.

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 $25.04 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 30.04 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 1.53 in 2017 Q3. Its up 0.17, from 1.36 in 2017Q2. It improved, as 12 investors sold NPK shares while 28 reduced holdings. 20 funds opened positions while 41 raised stakes. 3.69 million shares or 0.58% more from 3.67 million shares in 2017Q2 were reported. Vanguard Grp Inc Incorporated, Pennsylvania-based fund reported 472,611 shares. Ny State Common Retirement Fund owns 0% invested in National Presto Industries, Inc. (NYSE:NPK) for 5,800 shares. Moreover, Bancorp Of America De has 0% invested in National Presto Industries, Inc. (NYSE:NPK) for 8,289 shares. Citigroup Inc has invested 0% in National Presto Industries, Inc. (NYSE:NPK). Deroy & Devereaux Private Investment Counsel Incorporated holds 0.02% or 1,975 shares. Sit Investment holds 0.01% or 4,500 shares. The Minnesota-based Us Bancorporation De has invested 0% in National Presto Industries, Inc. (NYSE:NPK). State Of Alaska Department Of Revenue holds 0.01% or 975 shares in its portfolio. Ahl Prtn Limited Liability Partnership invested in 0.01% or 6,184 shares. 76 are held by Loomis Sayles Co L P. Ifc Incorporated Fl invested 0.02% of its portfolio in National Presto Industries, Inc. (NYSE:NPK). Advisory Network Lc reported 1,141 shares. Parametric Assoc Ltd Limited Liability Company holds 0% in National Presto Industries, Inc. (NYSE:NPK) or 19,445 shares. Stifel Financial Corp holds 2,552 shares. California Pub Employees Retirement Sys reported 6,100 shares stake.