Cutter & Company Brokerage Boosted Paychex (PAYX) Stake By $311,126; Blackrock Credit Allocation Income Trust (BTZ) Sentiment Is 2.19

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Blackrock Credit Allocation Income Trust (BTZ) investors sentiment increased to 2.19 in 2018 Q3. It’s up 0.15, from 2.04 in 2018Q2. The ratio is positive, as 57 funds started new or increased equity positions, while 26 reduced and sold stakes in Blackrock Credit Allocation Income Trust. The funds in our database now own: 43.89 million shares, up from 43.59 million shares in 2018Q2. Also, the number of funds holding Blackrock Credit Allocation Income Trust in top ten equity positions was flat from 3 to 3 for the same number . Sold All: 8 Reduced: 18 Increased: 41 New Position: 16.

Cutter & Company Brokerage Inc increased Paychex Inc (PAYX) stake by 104.9% reported in 2018Q3 SEC filing. Cutter & Company Brokerage Inc acquired 4,262 shares as Paychex Inc (PAYX)’s stock declined 8.21%. The Cutter & Company Brokerage Inc holds 8,325 shares with $613,000 value, up from 4,063 last quarter. Paychex Inc now has $27.21B valuation. The stock increased 0.81% or $0.61 during the last trading session, reaching $75.78. About 2.84 million shares traded or 30.41% up from the average. Paychex, Inc. (NASDAQ:PAYX) has declined 0.60% since February 18, 2018 and is downtrending. It has underperformed by 0.60% the S&P500. Some Historical PAYX News: 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 3Q Payroll Service Revenue $455M, Up 2%; 26/03/2018 – Paychex 3Q Adj EPS 63c; 30/04/2018 – Paychex Expands Board, Elects New Member; 01/05/2018 – Paychex Collaborates with Workplace by Facebook to Bring New Communication Tools to Paychex Flex┬« Users; 21/04/2018 – DJ Paychex Inc, Inst Holders, 1Q 2018 (PAYX); 03/04/2018 – Paychex | IHS Markit Small Business Employment Watch: Job Growth Tightens Among Small Businesses in March; Wage Growth Holds St; 29/05/2018 – Paychex | IHS Markit Small Business Employment Watch: Job Growth Shows Slight Increase in May, Annual Wage Growth Dips to 2.59; 30/04/2018 – Paychex Inc: Paychex Expands Board, Elects New Member Mon, 30 Apr 2018 15:50:13 +0000; 26/03/2018 – Paychex 3Q EPS 72c

BlackRock Credit Allocation Income Trust is a closed ended balanced mutual fund launched by BlackRock, Inc. The company has market cap of $1.26 billion. The fund is co-managed by BlackRock Advisors, LLC and BlackRock Limited. It currently has negative earnings. It invests in the fixed income markets across the globe.

Spectrum Asset Management Inc. holds 7.96% of its portfolio in BlackRock Credit Allocation Income Trust for 966,571 shares. Financial & Investment Management Group Ltd owns 842,734 shares or 3.4% of their US portfolio. Moreover, Rivernorth Capital Management Llc has 3.02% invested in the company for 2.95 million shares. The Illinois-based New Vernon Investment Management Llc has invested 2.03% in the stock. Lehman Financial Resources Inc., a Pennsylvania-based fund reported 308,756 shares.

Since January 1, 0001, it had 2 insider buys, and 0 selling transactions for $1,170 activity.

The stock increased 0.33% or $0.04 during the last trading session, reaching $12.04. About 230,499 shares traded. BlackRock Credit Allocation Income Trust (BTZ) has declined 12.57% since February 18, 2018 and is downtrending. It has underperformed by 12.57% the S&P500.

More notable recent BlackRock Credit Allocation Income Trust (NYSE:BTZ) news were published by: Businesswire.com which released: “BlackRock Announces Information Relating to Certain Investment Policies for BlackRock Credit Allocation Income Trust – Business Wire” on February 07, 2019, also Marketwatch.com with their article: “BTZ Stock Price – BlackRock Credit Allocation Income Trust Stock Quote (US: NYSE) – MarketWatch” published on September 22, 2017, Investorplace.com published: “7 Stocks Paying Monthly Dividends That You Should Consider Buying – Investorplace.com” on May 11, 2018. More interesting news about BlackRock Credit Allocation Income Trust (NYSE:BTZ) were released by: Seekingalpha.com and their article: “Forget FAANG: Top 10 Big-Yields, Lower Risk – Seeking Alpha” published on April 21, 2018 as well as Seekingalpha.com‘s news article titled: “Closed-End Funds: 5 Bond Funds Trading At A Wide Discount – Seeking Alpha” with publication date: August 16, 2018.

More notable recent Paychex, Inc. (NASDAQ:PAYX) news were published by: Nasdaq.com which released: “Paychex, Inc. (PAYX) Ex-Dividend Date Scheduled for January 31, 2019 – Nasdaq” on January 30, 2019, also Nasdaq.com with their article: “PAYX Crosses Above Average Analyst Target – Nasdaq” published on February 05, 2019, Nasdaq.com published: “Ex-Dividend Reminder: Franklin Electric, Paychex and Goodyear Tire & Rubber – Nasdaq” on January 29, 2019. More interesting news about Paychex, Inc. (NASDAQ:PAYX) were released by: Nasdaq.com and their article: “ADP Rides on Strategic Acquisitions & Solid Balance Sheet – Nasdaq” published on February 15, 2019 as well as Prnewswire.com‘s news article titled: “Paychex AccountantHQ Wins 2019 BIG Innovation Award – PRNewswire” with publication date: February 05, 2019.

Since September 5, 2018, it had 2 buys, and 6 sales for $9.70 million activity. $860,986 worth of stock was sold by DOODY JOSEPH on Tuesday, February 12. $749,800 worth of stock was sold by Vossler Jennifer R. on Wednesday, February 13. Gibson John B had sold 47,250 shares worth $3.47 million on Wednesday, September 5. Another trade for 50,000 shares valued at $3.62M was made by MUCCI MARTIN on Monday, February 4.

Among 9 analysts covering Paychex (NASDAQ:PAYX), 0 have Buy rating, 0 Sell and 9 Hold. Therefore 0 are positive. Paychex had 10 analyst reports since August 21, 2018 according to SRatingsIntel. As per Wednesday, October 3, the company rating was maintained by Morgan Stanley. The company was maintained on Wednesday, October 3 by BMO Capital Markets. The firm has “Neutral” rating given on Tuesday, January 8 by Bank of America. The stock has “Neutral” rating by Citigroup on Wednesday, October 3. The stock has “Hold” rating by Deutsche Bank on Wednesday, October 3. The firm earned “Hold” rating on Wednesday, October 3 by Stifel Nicolaus.

Paychex, Inc. (NASDAQ:PAYX) Institutional Positions Chart

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