Paychex (PAYX) Shareholder Avalon Advisors Decreased Its Holding as Stock Rose; Gabalex Capital Management Lowered Disney Walt Co (DIS) Position as Valuation Declined

Paychex, Inc. (NASDAQ:PAYX) Logo

Gabalex Capital Management Llc decreased its stake in Disney Walt Co (DIS) by 12.5% based on its latest 2018Q4 regulatory filing with the SEC. Gabalex Capital Management Llc sold 25,000 shares as the company’s stock declined 1.52% while stock markets rallied. The hedge fund held 175,000 shares of the television services company at the end of 2018Q4, valued at $19.19M, down from 200,000 at the end of the previous reported quarter. Gabalex Capital Management Llc who had been investing in Disney Walt Co for a number of months, seems to be less bullish one the $170.23B market cap company. The stock increased 0.09% or $0.1 during the last trading session, reaching $114.19. About 740,952 shares traded. The Walt Disney Company (NYSE:DIS) has risen 11.47% since March 14, 2018 and is uptrending. It has outperformed by 7.10% the S&P500. Some Historical DIS News: 17/04/2018 – T Rowe Price Growth Adds Disney, Exits Biogen, Cuts Apple; 08/05/2018 – DISNEY’S IGER SAYS FULLY INTEND TO HOLD ON TO ATLEAST 39% OF SKY IT WILL GET EVEN IF FOX DOES NOT GET APPROVAL TO BUY 61% THEY DON’T CURRENTLY OWN – CNBC; 10/04/2018 – Earth Friendly Products® Launches Disney ECOS™ For Pets!; 23/05/2018 – Comcast gears up to gatecrash Disney’s $66bn deal to buy Fox; 23/05/2018 – MEDIA-Activist Hohn urges Fox to engage on Comcast offer – FT; 13/03/2018 – For Disney, the answer appears to be over the top content (OTT), an option it announced as it pulled its movies and shows from Netflix last year; 14/03/2018 – WALT DISNEY CO – STUDIO ENTERTAINMENT BUSINESS SEGMENT LED BY ALAN HORN, CHAIRMAN, WALT DISNEY STUDIOS, REMAINS VIRTUALLY SAME; 08/05/2018 – WALT DISNEY CO – RESULTS AT FREEFORM WERE PRIMARILY DUE TO LOWER ADVERTISING REVENUE REFLECTING A DECREASE IN AVERAGE VIEWERSHIP IN QTR; 08/05/2018 – Disney 2Q Media Networks Rev $6.14B; 30/05/2018 – Trump Knocks Disney’s Iger for `Horrible Statements’ About Him

Avalon Advisors Llc decreased its stake in Paychex Inc (PAYX) by 3.89% based on its latest 2018Q4 regulatory filing with the SEC. Avalon Advisors Llc sold 9,970 shares as the company’s stock rose 7.97% with the market. The hedge fund held 246,533 shares of the consumer services company at the end of 2018Q4, valued at $16.06 million, down from 256,503 at the end of the previous reported quarter. Avalon Advisors Llc who had been investing in Paychex Inc for a number of months, seems to be less bullish one the $28.09B market cap company. The stock decreased 0.05% or $0.04 during the last trading session, reaching $78.23. About 65,819 shares traded. Paychex, Inc. (NASDAQ:PAYX) has risen 20.38% since March 14, 2018 and is uptrending. It has outperformed by 16.01% the S&P500. Some Historical PAYX News: 26/03/2018 – Paychex Sees FY18 Total Revenue Up About 7%; 02/05/2018 – Paychex Introduces Paychex Promise, an Innovative Solution to Help Growing Businesses; 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 INC SEES 2018 TOTAL REVENUE IS EXPECTED TO GROW APPROXIMATELY 7%; 27/04/2018 – PAYCHEX BOOSTS QTRLY DIV BY 12%; 26/03/2018 – Paychex 3Q Payroll Service Revenue $455M, Up 2%; 05/04/2018 – Paychex Access Event Set By Northcoast Research for Apr. 12; 27/04/2018 – Paychex Raises Quarterly Dividend to 56c From 50c; 03/04/2018 – Paychex l IHS Markit Small Business Employment Watch: Job Growth Tightens Among Small Businesses in March; Wage Growth Holds Steady; 29/05/2018 – Paychex l IHS Markit Small Business Employment Watch: Job Growth Shows Slight Increase in May, Annual Wage Growth Dips to 2.59 Percent

Since October 23, 2018, it had 2 buys, and 5 sales for $6.23 million activity. DOODY JOSEPH sold 11,489 shares worth $860,986. Vossler Jennifer R. sold $416,220 worth of stock.

Analysts await Paychex, Inc. (NASDAQ:PAYX) to report earnings on March, 25. They expect $0.89 EPS, up 41.27% or $0.26 from last year’s $0.63 per share. PAYX’s profit will be $319.59 million for 21.97 P/E if the $0.89 EPS becomes a reality. After $0.65 actual EPS reported by Paychex, Inc. for the previous quarter, Wall Street now forecasts 36.92% EPS growth.

Avalon Advisors Llc, which manages about $4.06B and $3.87B US Long portfolio, upped its stake in Jpmorgan Chase & Co (NYSE:JPM) by 112,453 shares to 577,750 shares, valued at $56.40 million in 2018Q4, according to the filing. It also increased its holding in Intel Corp (NASDAQ:INTC) by 577,657 shares in the quarter, for a total of 880,020 shares, and has risen its stake in Verizon Communications Inc (NYSE:VZ).

Investors sentiment decreased to 0.94 in Q4 2018. Its down 0.14, from 1.08 in 2018Q3. It is negative, as 46 investors sold PAYX shares while 295 reduced holdings. 71 funds opened positions while 249 raised stakes. 239.62 million shares or 0.09% less from 239.85 million shares in 2018Q3 were reported. Ironwood Invest Counsel Lc owns 21,064 shares or 0.6% of their US portfolio. Moody Bancorp Trust Division holds 0% in Paychex, Inc. (NASDAQ:PAYX) or 245 shares. Kings Point Mgmt accumulated 16,637 shares. Toronto Dominion Comml Bank, Ontario – Canada-based fund reported 183,046 shares. Aqr Cap Management Limited Liability Company owns 538,191 shares or 0.04% of their US portfolio. Old National Natl Bank In accumulated 0.07% or 20,519 shares. Rafferty Asset Mngmt Ltd Liability invested in 0.05% or 31,796 shares. Virginia-based Virginia Retirement Et Al has invested 0.11% in Paychex, Inc. (NASDAQ:PAYX). Ing Groep Nv invested in 42,475 shares. Stephens Inc Ar invested in 0.16% or 85,732 shares. Zurcher Kantonalbank (Zurich Cantonalbank) holds 0.04% in Paychex, Inc. (NASDAQ:PAYX) or 60,663 shares. 10,770 were accumulated by Dearborn Prtn Lc. Mawer Inv Mgmt invested in 815,831 shares or 0.44% of the stock. Earnest Ltd holds 0% of its portfolio in Paychex, Inc. (NASDAQ:PAYX) for 168 shares. Ameritas Invest Partners has invested 0.04% in Paychex, Inc. (NASDAQ:PAYX).

More notable recent Paychex, Inc. (NASDAQ:PAYX) news were published by: Nasdaq.com which released: “Heidrick & Struggles International, Inc. (HSII) Ex-Dividend Date Scheduled for March 07, 2019 – Nasdaq” on March 06, 2019, also Prnewswire.com with their article: “Paychex Named One of the World’s Most Ethical Companies® by Ethisphere for the 11th Time – PRNewswire” published on February 26, 2019, Nasdaq.com published: “Why You Should Retain Verisk Analytics (VRSK) Stock for Now – Nasdaq” on March 12, 2019. More interesting news about Paychex, Inc. (NASDAQ:PAYX) were released by: Nasdaq.com and their article: “ABM Rides on Vision 2020 and GCA Buyout, Suffers Debt Woes – Nasdaq” published on March 13, 2019 as well as Seekingalpha.com‘s news article titled: “Paychex: A Company That Prints Money – Seeking Alpha” with publication date: March 04, 2019.

Gabalex Capital Management Llc, which manages about $399.75M and $319.59 million US Long portfolio, upped its stake in Royal Dutch Shell Plc by 50,000 shares to 525,000 shares, valued at $31.47M in 2018Q4, according to the filing. It also increased its holding in Apple Inc (NASDAQ:AAPL) by 60,000 shares in the quarter, for a total of 170,000 shares, and has risen its stake in Bank Amer Corp (NYSE:BAC).

More notable recent The Walt Disney Company (NYSE:DIS) news were published by: Seekingalpha.com which released: “Disney: Forced To Transform Its Business – Seeking Alpha” on February 19, 2019, also Seekingalpha.com with their article: “Disney Earnings Preview: Bullish Into Low Expectations – Seeking Alpha” published on February 02, 2019, Investorplace.com published: “5 of the Best Stocks to Buy Under $10 – Investorplace.com” on March 13, 2019. More interesting news about The Walt Disney Company (NYSE:DIS) were released by: Bizjournals.com and their article: “Hot destination: Florida welcomes record number of visitors in 2018 – Orlando Business Journal” published on February 21, 2019 as well as Seekingalpha.com‘s news article titled: “YouTube ads pulled over exploitation fears – Seeking Alpha” with publication date: February 21, 2019.

Since October 1, 2018, it had 0 buys, and 15 sales for $11.36 million activity. On Tuesday, January 15 the insider WOODFORD BRENT sold $451. Parker Mary Jayne had sold 29,192 shares worth $3.44 million on Wednesday, October 3. IGER ROBERT A also sold $5.73 million worth of The Walt Disney Company (NYSE:DIS) shares.

The Walt Disney Company (NYSE:DIS) Institutional Positions Chart