West Oak Capital Cut By $1.57 Million Its Paychex (PAYX) Stake; Tortoise Energy Independence Fund Has 0.91 Sentiment

Paychex, Inc. (NASDAQ:PAYX) Logo

Tortoise Energy Independence Fund Inc (NDP) investors sentiment increased to 0.91 in Q2 2019. It’s up 0.29, from 0.62 in 2019Q1. The ratio is more positive, as 8 funds increased or opened new equity positions, while 13 sold and reduced stakes in Tortoise Energy Independence Fund Inc. The funds in our database now hold: 1.69 million shares, up from 1.66 million shares in 2019Q1. Also, the number of funds holding Tortoise Energy Independence Fund Inc in top ten equity positions was flat from 0 to 0 for the same number . Sold All: 4 Reduced: 9 Increased: 5 New Position: 3.

West Oak Capital Llc decreased Paychex Inc (PAYX) stake by 94.36% reported in 2019Q2 SEC filing. West Oak Capital Llc sold 19,160 shares as Paychex Inc (PAYX)’s stock rose 1.32%. The West Oak Capital Llc holds 1,145 shares with $94,000 value, down from 20,305 last quarter. Paychex Inc now has $30.26 billion valuation. The stock increased 0.08% or $0.07 during the last trading session, reaching $84.55. About 437,333 shares traded. Paychex, Inc. (NASDAQ:PAYX) has risen 20.05% since December 4, 2018 and is uptrending. It has outperformed by 20.05% the S&P500. Some Historical PAYX News: 03/04/2018 – Paychex l IHS Markit Small Business Employment Watch: Job Growth Tightens Among Small Businesses in March; Wage Growth Holds Steady; 01/05/2018 – Paychex Collaborates with Workplace by Facebook to Bring New Communication Tools to Paychex Flex® Users; 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; 26/03/2018 – Cramer also sits down with the CEOs of Wendy’s and Paychex; 29/05/2018 – The Paychex-IHS Markit small business jobs survey shows a small increase in the rate of hiring for May; 15/05/2018 – Paychex Presenting at JPMorgan Conference Tomorrow; 30/04/2018 – Paychex Board Votes to Expand to 11 Members, Appointed Pamela A. Joseph to Fill Position; 26/03/2018 – Paychex 3Q Rev $866.5M; 16/04/2018 – Paychex Adds New Features to Financial Advisor Console to Enhance User Experience; 29/05/2018 – Paychex | IHS Markit Small Business Employment Watch: Job Growth Shows Slight Increase in May, Annual Wage Growth Dips to 2.59

Since January 1, 0001, it had 5 insider purchases, and 0 insider sales for $40,208 activity.

More notable recent Tortoise Energy Independence Fund, Inc. (NYSE:NDP) news were published by: Benzinga.com which released: “Stocks That Hit 52-Week Lows On Tuesday – Benzinga” on December 03, 2019, also Seekingalpha.com with their article: “Why You Should Sell NDP Immediately – Seeking Alpha” published on August 07, 2019, Seekingalpha.com published: “NDP: Sell The Tortoise – Seeking Alpha” on June 13, 2019. More interesting news about Tortoise Energy Independence Fund, Inc. (NYSE:NDP) were released by: Seekingalpha.com and their article: “Faulty drilling indicator belies oil market that’s tighter than assumed – WSJ – Seeking Alpha” published on November 21, 2019 as well as Seekingalpha.com‘s news article titled: “EDF Is The Worst Emerging Market CEF To Buy Now – Seeking Alpha” with publication date: August 02, 2019.

Arete Wealth Advisors Llc holds 0.5% of its portfolio in Tortoise Energy Independence Fund, Inc. for 362,247 shares. Advisors Asset Management Inc. owns 153,256 shares or 0.02% of their US portfolio. Moreover, Cambridge Investment Research Advisors Inc. has 0.01% invested in the company for 159,266 shares. The Illinois-based Guggenheim Capital Llc has invested 0.01% in the stock. Advisory Services Network Llc, a Georgia-based fund reported 7,291 shares.

Tortoise Energy Independence Fund, Inc. is a close ended equity mutual fund launched and managed by Tortoise Capital Advisors L.L.C. The company has market cap of $54.56 million. The fund invests in the public equity markets of the North American. It currently has negative earnings. It seeks to invest primarily in the energy sector.

The stock increased 2.63% or $0.093 during the last trading session, reaching $3.633. About 110,328 shares traded. Tortoise Energy Independence Fund, Inc. (NDP) has declined 51.49% since December 4, 2018 and is downtrending. It has underperformed by 51.49% the S&P500.

Investors sentiment increased to 1.15 in 2019 Q2. Its up 0.24, from 0.91 in 2019Q1. It improved, as 33 investors sold PAYX shares while 326 reduced holdings. 89 funds opened positions while 237 raised stakes. 240.32 million shares or 2.63% less from 246.81 million shares in 2019Q1 were reported. State Street Corp holds 0.09% of its portfolio in Paychex, Inc. (NASDAQ:PAYX) for 14.11 million shares. Albion Gp Ut has 0.5% invested in Paychex, Inc. (NASDAQ:PAYX). Greatmark Inv has invested 0.1% in Paychex, Inc. (NASDAQ:PAYX). New York-based Forte Ltd Co Adv has invested 0.75% in Paychex, Inc. (NASDAQ:PAYX). Td Asset Mngmt Inc owns 881,118 shares or 0.11% of their US portfolio. Farmers & Merchants Invests owns 8,575 shares for 0.05% of their portfolio. Checchi Cap Advisers Ltd Llc accumulated 4,762 shares. California-based Intersect Ltd Com has invested 0.08% in Paychex, Inc. (NASDAQ:PAYX). Creative Planning holds 0.03% in Paychex, Inc. (NASDAQ:PAYX) or 92,567 shares. Tcw Grp Inc Incorporated stated it has 0.01% of its portfolio in Paychex, Inc. (NASDAQ:PAYX). Boston Rech Mgmt holds 7,755 shares. First Bancorp Of Omaha stated it has 0.29% in Paychex, Inc. (NASDAQ:PAYX). Douglass Winthrop Ltd Llc reported 22,892 shares. Mckinley Carter Wealth Svcs holds 0.08% or 3,536 shares. Toronto Dominion Retail Bank owns 240,725 shares.

Among 2 analysts covering Paychex (NASDAQ:PAYX), 0 have Buy rating, 1 Sell and 1 Hold. Therefore 0 are positive. Paychex has $8400 highest and $7400 lowest target. $79’s average target is -6.56% below currents $84.55 stock price. Paychex had 5 analyst reports since August 15, 2019 according to SRatingsIntel. The firm has “Underweight” rating given on Thursday, August 15 by Morgan Stanley. The stock of Paychex, Inc. (NASDAQ:PAYX) earned “Equal-Weight” rating by Barclays Capital on Monday, October 7.

More notable recent Paychex, Inc. (NASDAQ:PAYX) news were published by: Seekingalpha.com which released: “Paychex: Expect More Tailwinds From Oasis – Seeking Alpha” on November 26, 2019, also Nasdaq.com with their article: “Wynn Resorts (WYNN) Shares Cross Above 200 DMA – Nasdaq” published on November 25, 2019, Nasdaq.com published: “FSV Crosses Above Key Moving Average Level – Nasdaq” on November 25, 2019. More interesting news about Paychex, Inc. (NASDAQ:PAYX) were released by: Nasdaq.com and their article: “The 8 Best Cash Cow Stocks to Buy for Stable Returns – Nasdaq” published on November 14, 2019 as well as Nasdaq.com‘s news article titled: “Is Liberty SiriusXM Group Stock a Buy? – Nasdaq” with publication date: November 25, 2019.

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

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