Paylocity Holding Corporation (PCTY) Given Hold Rating at Mizuho

PCTY has been the topic of several analyst reports. Out of 6 Wall Street analysts rating Paylocity, 3 give it "Buy", 0 "Sell" rating, while 3 recommend "Hold". Royal Bank of Canada's target price indicates a potential upside of 18.67% from the company's previous close.

PCTY has been the subject of several research analyst reports. Stifel Nicolaus reaffirmed a "buy" rating and issued a $55.00 target price (up previously from $50.00) on shares of Paylocity Holding Corporation in a report on Friday, August 11th. Zacks Investment Research raised Paylocity Holding Corp from a "hold" rating to a "strong-buy" rating and set a $50.00 target price for the company in a report on Wednesday, May 10th. They set a "hold" rating and a $45.00 target price for the company. ValuEngine raised Paylocity Holding Corporation from a "sell" rating to a "hold" rating in a research report on Friday, September 1st. Swiss National Bank increased its position in shares of Paylocity Holding Corporation by 3.0% during the 1st quarter.

Receive Paylocity Holding Corporation News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Paylocity Holding Corporation with MarketBeat.com's FREE daily email newsletter. If you are viewing this news story on another publication, it was illegally copied and reposted in violation of United States and worldwide copyright and trademark law. The legal version of this news story can be viewed at https://www.truebluetribune.com/2017/10/12/paylocity-holding-corporation-pcty-given-hold-rating-at-mizuho.html.

Gotham Asset Management LLC Purchases 60531 Shares of Adobe Systems Incorporated (ADBE)
The stock of Adobe Systems Incorporated (NASDAQ:ADBE) has "Outperform" rating given on Friday, October 2 by RBC Capital Markets. Connors Investor Services Inc increased Starbucks (NASDAQ:SBUX) stake by 5,590 shares to 180,078 valued at $10.50M in 2017Q2.

In related news, insider Steven R. Beauchamp sold 50,000 shares of the business's stock in a transaction that occurred on Wednesday, August 16th. The stock was sold at an average price of $45.21, for a total transaction of $4,005,606.00. Following the completion of the sale, the chief executive officer now directly owns 2,253,978 shares of the company's stock, valued at $113,262,394.50.

In other news, VP Michael R. Haske sold 88,600 shares of Paylocity Holding Corporation stock in a transaction dated Monday, August 14th. Over the 52-week time span, the stock notched a high price of $50.72 and its minimum price was $29.69. The disclosure for this sale can be found here.

COPYRIGHT VIOLATION NOTICE: "Somewhat Favorable News Coverage Somewhat Unlikely to Impact Paylocity Holding Corporation (PCTY) Share Price" was first posted by StockNewsTimes and is owned by of StockNewsTimes. Finally, JMP Securities reissued an "outperform" rating and set a $54.00 target price on shares of Paylocity Holding Corporation in a research note on Tuesday, July 18th. Fenimore Asset Management Inc holds 107,189 shares or 0.36% of its portfolio. The fund owned 156,411 shares of the software maker's stock after purchasing an additional 5,399 shares during the quarter.

EXACT Sciences Corporation (EXAS) Valuation According To Analysts
Spark Investment Management Llc decreased Unisys Corp (NYSE:UIS) stake by 112,847 shares to 39,500 valued at $505,000 in 2017Q2. That's a potential -3.23 decrease relative to where Exact Sciences Corporation (NASDAQ:EXAS) has been trading recently.

New York State Common Retirement Fund increased its stake in shares of Paylocity Holding Corporation (NASDAQ:PCTY) by 3.6% during the 2nd quarter, according to the company in its most recent filing with the SEC. Independent Portfolio Consultants Inc. now owns 6,005 shares of the software maker's stock valued at $232,000 after buying an additional 1,655 shares during the period. American International Group Inc. increased its position in shares of Paylocity Holding Corporation by 7.1% during the 1st quarter. Ameritas Investment Partners Inc. now owns 2,282 shares of the software maker's stock valued at $103,000 after acquiring an additional 421 shares during the period. Institutional investors own 60.87% of the company's stock. Moreover, Fred Alger Mngmt has 0.17% invested in Paylocity Holding Corp (NASDAQ:PCTY) for 794,217 shares. The firm's 50 day moving average price is $47.91 and its 200-day moving average price is $45.06. Paylocity Holding Corporation has a 52-week low of $29.69 and a 52-week high of $50.72. The company has a market cap of $2.59 billion, a P/E ratio of 416.50 and a beta of 2.23.

Paylocity Holding Corp (NASDAQ:PCTY) opened at 47.19 on Thursday. The software maker reported ($0.06) EPS for the quarter, beating the Zacks' consensus estimate of ($0.10) by $0.04.

Paylocity Holding Corporation is a cloud-based provider of payroll and human capital management (HCM), software solutions for medium-sized organizations. The company had revenue of $76.10 million for the quarter, compared to the consensus estimate of $73.79 million. During the same period past year, the company earned ($0.01) EPS. Invictus RG purchased a new position in Paylocity Holding Corp during the first quarter valued at about $198,000. Equities analysts expect that Paylocity Holding Corporation will post $0.79 EPS for the current year. The Company's services are provided in a software-as-a-service delivery model utilizing its cloud-based platform. The cloud-based platform provides a suite of applications using a multi-tenant architecture.

Search for croc which took elderly woman
A major search has been underway since yesterday with the clothing items located at the isolated creek today. EARLIER: Fears are held that an elderly woman missing near Port Douglas may have been taken by a crocodile.

Últimas notícias