Mercadolibre (MELI) Share Price Rose While Capital International Sarl Increased by $4.18 Million Its Position; Paychex (PAYX) Shares Declined While Ims Capital Management Boosted by $378,896 Its Holding

May 23, 2018 - By Nellie Frank

MercadoLibre, Inc. (NASDAQ:MELI) Logo

Capital International Sarl increased its stake in Mercadolibre Inc (MELI) by 10.5% based on its latest 2017Q4 regulatory filing with the SEC. Capital International Sarl bought 13,300 shares as the company’s stock rose 11.87% while stock markets declined. The institutional investor held 139,950 shares of the miscellaneous company at the end of 2017Q4, valued at $44.04M, up from 126,650 at the end of the previous reported quarter. Capital International Sarl who had been investing in Mercadolibre Inc for a number of months, seems to be bullish on the $13.06B market cap company. The stock increased 0.37% or $1.1 during the last trading session, reaching $295.86. About 70,207 shares traded. MercadoLibre, Inc. (NASDAQ:MELI) has risen 66.47% since May 23, 2017 and is uptrending. It has outperformed by 54.92% the S&P500.

Ims Capital Management increased its stake in Paychex Inc (PAYX) by 25.48% based on its latest 2017Q4 regulatory filing with the SEC. Ims Capital Management bought 5,572 shares as the company’s stock declined 12.35% with the market. The institutional investor held 27,436 shares of the consumer services company at the end of 2017Q4, valued at $1.87 million, up from 21,864 at the end of the previous reported quarter. Ims Capital Management who had been investing in Paychex Inc for a number of months, seems to be bullish on the $23.33 billion market cap company. The stock decreased 0.73% or $0.48 during the last trading session, reaching $64.94. About 276,687 shares traded. Paychex, Inc. (NASDAQ:PAYX) has declined 1.72% since May 23, 2017 and is downtrending. It has underperformed by 13.27% the S&P500.

Among 18 analysts covering Paychex (NASDAQ:PAYX), 1 have Buy rating, 1 Sell and 16 Hold. Therefore 6% are positive. Paychex had 54 analyst reports since August 14, 2015 according to SRatingsIntel. The stock of Paychex, Inc. (NASDAQ:PAYX) has “Neutral” rating given on Thursday, December 17 by Sterne Agee CRT. The firm earned “Sell” rating on Monday, November 13 by RBC Capital Markets. As per Friday, September 9, the company rating was initiated by Wedbush. The stock of Paychex, Inc. (NASDAQ:PAYX) has “Hold” rating given on Wednesday, June 28 by Stifel Nicolaus. The firm has “Hold” rating by BMO Capital Markets given on Monday, January 22. The rating was maintained by Citigroup on Thursday, March 31 with “Sell”. The rating was maintained by Argus Research with “Buy” on Thursday, December 24. As per Thursday, December 22, the company rating was maintained by Compass Point. On Monday, March 26 the stock rating was maintained by Stifel Nicolaus with “Hold”. As per Wednesday, March 28, the company rating was maintained by Citigroup.

Since January 4, 2018, it had 0 insider buys, and 4 insider sales for $10.03 million activity. VELLI JOSEPH M sold $200,135 worth of Paychex, Inc. (NASDAQ:PAYX) on Friday, May 18. Gioja Michael E had sold 34,311 shares worth $2.36M.

Ims Capital Management, which manages about $164.74M and $161.50M US Long portfolio, decreased its stake in Qualcomm Inc (NASDAQ:QCOM) by 18,115 shares to 13,654 shares, valued at $874,000 in 2017Q4, according to the filing. It also reduced its holding in Federated Invs Inc Pa (NYSE:FII) by 46,108 shares in the quarter, leaving it with 16,765 shares, and cut its stake in Occidental Pete Corp Del (NYSE:OXY).

Investors sentiment decreased to 0.92 in Q4 2017. Its down 0.10, from 1.02 in 2017Q3. It turned negative, as 39 investors sold PAYX shares while 306 reduced holdings. 93 funds opened positions while 226 raised stakes. 238.43 million shares or 0.16% less from 238.82 million shares in 2017Q3 were reported. Da Davidson And invested 0.04% of its portfolio in Paychex, Inc. (NASDAQ:PAYX). Asset Mgmt One Limited reported 534,385 shares. Stephens Ar holds 0.14% or 53,429 shares in its portfolio. Vantage Advsrs Lc stated it has 0.01% of its portfolio in Paychex, Inc. (NASDAQ:PAYX). Chemung Canal accumulated 22,432 shares. Bradley Foster & Sargent Ct reported 0.03% of its portfolio in Paychex, Inc. (NASDAQ:PAYX). Comerica Bancorporation has 0.05% invested in Paychex, Inc. (NASDAQ:PAYX) for 119,240 shares. Glenmede Trust Co Na owns 323,652 shares. Fiera Cap Corp holds 13,118 shares or 0% of its portfolio. 80,258 were accumulated by Country Club Com Na. Clinton Grp holds 0.05% of its portfolio in Paychex, Inc. (NASDAQ:PAYX) for 9,025 shares. Two Sigma Secs Ltd Liability Corp accumulated 0.01% or 6,581 shares. Private Tru Na accumulated 0.11% or 7,415 shares. Univest Of Pennsylvania has invested 0.17% of its portfolio in Paychex, Inc. (NASDAQ:PAYX). Central National Bank & Trust And Trust Company has 3,526 shares for 0.06% of their portfolio.

Another recent and important Paychex, Inc. (NASDAQ:PAYX) news was published by Investorplace.com which published an article titled: “20 High-Dividend Stocks With Too Much Cash to Count” on May 18, 2018.

Among 15 analysts covering MercadoLibre (NASDAQ:MELI), 6 have Buy rating, 2 Sell and 7 Hold. Therefore 40% are positive. MercadoLibre had 47 analyst reports since August 6, 2015 according to SRatingsIntel. As per Friday, August 4, the company rating was maintained by Barclays Capital. The rating was maintained by Barclays Capital on Wednesday, July 19 with “Overweight”. Piper Jaffray maintained the stock with “Overweight” rating in Friday, August 5 report. The rating was downgraded by JP Morgan on Tuesday, May 16 to “Neutral”. The stock has “Buy” rating by KeyBanc Capital Markets on Tuesday, September 5. The stock of MercadoLibre, Inc. (NASDAQ:MELI) earned “Neutral” rating by JP Morgan on Monday, March 14. The stock of MercadoLibre, Inc. (NASDAQ:MELI) earned “Neutral” rating by Susquehanna on Monday, December 5. The rating was downgraded by Citigroup on Monday, September 28 to “Sell”. Stifel Nicolaus maintained it with “Buy” rating and $425 target in Friday, February 23 report. The stock has “Hold” rating by HSBC on Wednesday, March 2.

More notable recent MercadoLibre, Inc. (NASDAQ:MELI) news were published by: Fool.com which released: “3 Growth Stocks That Could Put Facebook’s Returns to Shame” on May 23, 2018, also Globenewswire.com with their article: “MercadoLibre, Inc. to Report First Quarter 2018 Financial Results” published on April 30, 2018, Nasdaq.com published: “MercadoLibre Executives Talk Accounting Regs, Merchant Loans, and Profits” on May 16, 2018. More interesting news about MercadoLibre, Inc. (NASDAQ:MELI) were released by: Seekingalpha.com and their article: “MercadoLibre, Inc. 2018 Q1 – Results – Earnings Call Slides” published on May 10, 2018 as well as Streetinsider.com‘s news article titled: “Tiger Global’s 13F Shows New Stake in Twitter (TWTR), Mercado (MELI), Increases Stake in Amazon (AMZN) (more…)” with publication date: May 15, 2018.

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

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:


Recent Posts