Is there a Bearish outlook for Paylocity Holding Corporation (NASDAQ:PCTY) this week?

Paylocity Holding Corporation (NASDAQ:PCTY) Logo
Investors sentiment decreased to 1.35 in 2018 Q4. Its down 0.25, from 1.6 in 2018Q3. It turned negative, as 32 investors sold Paylocity Holding Corporation shares while 40 reduced holdings. 29 funds opened positions while 68 raised stakes. 29.59 million shares or 2.40% more from 28.90 million shares in 2018Q3 were reported.
Products Prtnrs Limited Liability Corp owns 60,601 shares for 0.2% of their portfolio. Oppenheimer Asset accumulated 19,112 shares. Blair William & Il stated it has 0.24% of its portfolio in Paylocity Holding Corporation (NASDAQ:PCTY). Eam Lc holds 0.42% of its portfolio in Paylocity Holding Corporation (NASDAQ:PCTY) for 25,436 shares. 7,284 are owned by Pnc Finance Incorporated. Granite Investment Partners Ltd Company stated it has 34,191 shares or 0.15% of all its holdings. Massachusetts Financial Svcs Communication Ma reported 0.01% of its portfolio in Paylocity Holding Corporation (NASDAQ:PCTY). Vanguard Grp Inc Inc invested in 2.90 million shares or 0.01% of the stock. Morgan Stanley reported 264,502 shares. Legal And General Grp Public Ltd Llc invested in 0% or 11,867 shares. Cubist Systematic Strategies Lc stated it has 3,476 shares or 0.01% of all its holdings. Pub Employees Retirement Sys Of Ohio reported 53,743 shares. Nordea Investment Mgmt Ab has 0.01% invested in Paylocity Holding Corporation (NASDAQ:PCTY) for 60,588 shares. Raymond James & Associate invested 0% in Paylocity Holding Corporation (NASDAQ:PCTY). Moreover, Bancshares Of America Corporation De has 0% invested in Paylocity Holding Corporation (NASDAQ:PCTY) for 266,675 shares.

Paylocity Holding Corporation (NASDAQ:PCTY) Ratings Coverage

Among 3 analysts covering Paylocity Holding (NASDAQ:PCTY), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Paylocity Holding had 3 analyst reports since February 7, 2019 according to SRatingsIntel. The rating was maintained by Bank of America with “Buy” on Thursday, February 7. The stock of Paylocity Holding Corporation (NASDAQ:PCTY) has “Outperform” rating given on Thursday, February 7 by Raymond James. Below is a list of Paylocity Holding Corporation (NASDAQ:PCTY) latest ratings and price target changes.

17/04/2019 Broker: KeyBanc Capital Markets Rating: Overweight New Target: $104 Initiates Coverage On
07/02/2019 Broker: Bank of America Old Rating: Buy New Rating: Buy Old Target: $80 New Target: $89 Maintain
07/02/2019 Broker: Raymond James Old Rating: Outperform New Rating: Outperform Old Target: $75 New Target: $88 Maintain

The stock decreased 2.22% or $2.3 during the last trading session, reaching $101.1. About 275,680 shares traded. Paylocity Holding Corporation (NASDAQ:PCTY) has risen 78.50% since May 17, 2018 and is uptrending. It has outperformed by 74.13% the S&P500.

Paylocity Holding Corporation provides cloud payroll and human capital management software solutions for medium-sized organizations in the United States. The company has market cap of $5.36 billion. It offers Paylocity Web Pay for enterprise-grade payroll processing and administration; Paylocity Web HR for employee record management and HR compliance and reporting; Talent Management for employee performance appraisal process and performance review; Paylocity Web Time, a time and attendance solution; and Paylocity Web Expense, an expense management tool designed to streamline and automate the expense management process. It has a 132.68 P/E ratio. The firm also provides Paylocity Web Benefits and Paylocity Enterprise Benefits, which are benefit management solutions that integrate with insurance carrier systems to provide automated administrative processes and allow users to choose benefit elections and make life event changes online, summarize benefit elections, and perform other benefit-related tasks, as well as enable premium reconciliation, management of voluntary benefits, and reporting.

More notable recent Paylocity Holding Corporation (NASDAQ:PCTY) news were published by: which released: “Paylocity Announces First Quarter Fiscal Year 2019 Financial Results – GlobeNewswire” on November 01, 2018, also with their article: “Paylocity Launches Integration Marketplace Nasdaq:PCTY – GlobeNewswire” published on July 02, 2018, published: “Paylocity Recognized as One of G2 Crowd’s Best Software Companies in 2019 – GlobeNewswire” on January 15, 2019. More interesting news about Paylocity Holding Corporation (NASDAQ:PCTY) were released by: and their article: “Paylocity adds Virginia Breen to Board of Directors – GlobeNewswire” published on September 17, 2018 as well as‘s news article titled: “Here’s What Hedge Funds Think About Two Harbors Investment Corp (TWO) – Yahoo Finance” with publication date: April 26, 2019.

Paylocity Holding Corporation (NASDAQ:PCTY) Institutional Positions Chart

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