AQR Capital Management LLC Purchase 1227 Shares of Paylocity Holding Corp (PCTY)

AQR Capital Management LLC raised its position in Paylocity Holding Corp (NASDAQ:PCTY) by 8.3% during the 3rd quarter, HoldingsChannel.com …

AQR Capital Management LLC raised its position in Paylocity Holding Corp (NASDAQ:PCTY) by 8.3% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 16,041 shares of the software maker’s stock after acquiring an additional 1,227 shares during the quarter. AQR Capital Management LLC’s holdings in Paylocity were worth $1,288,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. AMP Capital Investors Ltd acquired a new position in shares of Paylocity during the 2nd quarter worth $288,000. Connor Clark & Lunn Investment Management Ltd. acquired a new position in shares of Paylocity during the 3rd quarter worth $345,000. Janus Henderson Group PLC grew its stake in shares of Paylocity by 2.7% during the 3rd quarter. Janus Henderson Group PLC now owns 564,049 shares of the software maker’s stock worth $45,304,000 after purchasing an additional 14,595 shares during the period. Tower Research Capital LLC TRC acquired a new position in shares of Paylocity during the 2nd quarter worth $102,000. Finally, Deutsche Bank AG grew its stake in shares of Paylocity by 38.2% during the 3rd quarter. Deutsche Bank AG now owns 238,437 shares of the software maker’s stock worth $19,149,000 after purchasing an additional 65,868 shares during the period. 63.79% of the stock is currently owned by institutional investors.

A number of equities analysts have recently weighed in on PCTY shares. Bank of America upped their price target on shares of Paylocity from $73.00 to $91.00 and gave the stock a “buy” rating in a research note on Wednesday, September 26th. Jefferies Financial Group started coverage on shares of Paylocity in a research note on Monday, October 1st. They set a “hold” rating and a $88.00 price target on the stock. BidaskClub cut shares of Paylocity from a “buy” rating to a “hold” rating in a research note on Tuesday, October 9th. Zacks Investment Research cut shares of Paylocity from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 10th. Finally, Robert W. Baird upped their price target on shares of Paylocity from $68.00 to $71.00 and gave the stock an “outperform” rating in a research note on Friday, November 2nd. Six analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $68.36.

Paylocity stock opened at $66.37 on Tuesday. Paylocity Holding Corp has a 52 week low of $41.15 and a 52 week high of $88.47. The stock has a market capitalization of $3.50 billion, a P/E ratio of 214.10, a price-to-earnings-growth ratio of 5.64 and a beta of 2.03.

Paylocity (NASDAQ:PCTY) last released its quarterly earnings data on Thursday, November 1st. The software maker reported $0.06 EPS for the quarter, topping the consensus estimate of $0.04 by $0.02. Paylocity had a net margin of 12.08% and a return on equity of 12.35%. The business had revenue of $100.50 million for the quarter, compared to analyst estimates of $98.37 million. During the same period in the previous year, the firm earned $0.15 EPS. The business’s revenue for the quarter was up 23.3% compared to the same quarter last year. As a group, analysts anticipate that Paylocity Holding Corp will post 0.59 earnings per share for the current fiscal year.

In related news, Director Steven I. Sarowitz sold 80,000 shares of the business’s stock in a transaction dated Tuesday, November 6th. The shares were sold at an average price of $61.65, for a total value of $4,932,000.00. Following the sale, the director now directly owns 14,771,651 shares in the company, valued at approximately $910,672,284.15. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Steven I. Sarowitz sold 72,500 shares of the business’s stock in a transaction dated Friday, November 9th. The stock was sold at an average price of $62.78, for a total transaction of $4,551,550.00. The disclosure for this sale can be found here. Insiders sold a total of 183,109 shares of company stock worth $11,527,499 over the last quarter. Insiders own 41.20% of the company’s stock.

Paylocity Company Profile

Paylocity Holding Corporation provides cloud-based payroll and human capital management software solutions for medium-sized organizations in the United States. The company offers Paylocity Web Pay for enterprise-grade payroll processing and administration; Paylocity Web HR for employee record management, HR compliance and reporting, HR insight and analytics, and self-service portals; 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.

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AQR Capital Management LLC Reduces Holdings in Zions Bancorp (ZION)

AQR Capital Management LLC cut its stake in shares of Zions Bancorp (NASDAQ:ZION) by 38.9% during the 3rd quarter, according to its most recent …

Zions Bancorp logoAQR Capital Management LLC cut its stake in shares of Zions Bancorp (NASDAQ:ZION) by 38.9% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 54,342 shares of the bank’s stock after selling 34,588 shares during the period. AQR Capital Management LLC’s holdings in Zions Bancorp were worth $2,725,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in ZION. Raymond James & Associates increased its holdings in shares of Zions Bancorp by 56.1% during the second quarter. Raymond James & Associates now owns 125,225 shares of the bank’s stock worth $6,598,000 after buying an additional 45,003 shares in the last quarter. First Republic Investment Management Inc. increased its holdings in Zions Bancorp by 9.7% in the second quarter. First Republic Investment Management Inc. now owns 15,176 shares of the bank’s stock valued at $799,000 after purchasing an additional 1,338 shares during the period. Natixis increased its holdings in Zions Bancorp by 423.8% in the second quarter. Natixis now owns 60,257 shares of the bank’s stock valued at $3,175,000 after purchasing an additional 48,754 shares during the period. Morgan Stanley increased its holdings in Zions Bancorp by 9.9% in the second quarter. Morgan Stanley now owns 931,782 shares of the bank’s stock valued at $49,095,000 after purchasing an additional 83,734 shares during the period. Finally, Cubist Systematic Strategies LLC increased its holdings in Zions Bancorp by 21.1% in the second quarter. Cubist Systematic Strategies LLC now owns 18,277 shares of the bank’s stock valued at $963,000 after purchasing an additional 3,188 shares during the period. 93.78% of the stock is currently owned by hedge funds and other institutional investors.

In other news, insider Leeanne B. Linderman sold 5,878 shares of the company’s stock in a transaction on Friday, November 9th. The stock was sold at an average price of $50.26, for a total value of $295,428.28. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider A Scott Anderson sold 12,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 1st. The stock was sold at an average price of $47.30, for a total value of $567,600.00. The disclosure for this sale can be found here. Insiders have sold a total of 19,259 shares of company stock valued at $929,772 in the last ninety days. Corporate insiders own 1.60% of the company’s stock.

A number of research firms recently weighed in on ZION. Zacks Investment Research upgraded Zions Bancorp from a “hold” rating to a “buy” rating and set a $51.00 price objective for the company in a report on Wednesday, October 24th. BidaskClub upgraded Zions Bancorp from a “strong sell” rating to a “sell” rating in a report on Wednesday, January 16th. ValuEngine downgraded Zions Bancorp from a “hold” rating to a “sell” rating in a report on Tuesday, October 2nd. Piper Jaffray Companies raised shares of Zions Bancorp from a “neutral” rating to an “overweight” rating and raised their price target for the company from $54.00 to $57.00 in a research report on Tuesday, November 6th. Finally, SunTrust Banks boosted their price objective on shares of Zions Bancorp to $52.00 and gave the company a “buy” rating in a research report on Tuesday, October 23rd. They noted that the move was a valuation call. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and thirteen have issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $57.76.

Zions Bancorp stock opened at $47.05 on Tuesday. Zions Bancorp has a one year low of $38.08 and a one year high of $59.19. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.82 and a quick ratio of 0.82. The firm has a market capitalization of $9.04 billion, a price-to-earnings ratio of 12.32, a price-to-earnings-growth ratio of 0.98 and a beta of 1.43.

Zions Bancorp (NASDAQ:ZION) last released its quarterly earnings results on Monday, October 22nd. The bank reported $1.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.96 by $0.08. The business had revenue of $701.00 million during the quarter, compared to the consensus estimate of $699.87 million. Zions Bancorp had a return on equity of 11.84% and a net margin of 26.57%. During the same quarter in the previous year, the company posted $0.72 EPS. On average, analysts predict that Zions Bancorp will post 4.08 earnings per share for the current year.

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Zions Bancorp Profile

Zions Bancorporation, National Association provides various banking and related services primarily in Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. The company offers community banking services, such as small and medium-sized business and corporate banking; commercial and residential development, construction, and term lending; retail banking; treasury cash management and related products and services; residential mortgage servicing and lending services; trust and wealth management services; capital markets services, including municipal finance advisory and underwriting; and investment services.

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Institutional Ownership by Quarter for Zions Bancorp (NASDAQ:ZION)

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AQR Capital Management LLC Acquires 11179 Shares of Guess?, Inc. (GES)

AQR Capital Management LLC boosted its holdings in Guess?, Inc. (NYSE:GES) by 22.0% in the 3rd quarter, according to its most recent Form 13F …

Guess? logoAQR Capital Management LLC boosted its holdings in Guess?, Inc. (NYSE:GES) by 22.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 62,097 shares of the company’s stock after purchasing an additional 11,179 shares during the period. AQR Capital Management LLC owned approximately 0.08% of Guess? worth $1,404,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of the business. BlackRock Inc. lifted its stake in Guess? by 2.9% in the 2nd quarter. BlackRock Inc. now owns 7,976,445 shares of the company’s stock worth $170,696,000 after acquiring an additional 228,269 shares in the last quarter. Federated Investors Inc. PA increased its position in Guess? by 99.8% in the 2nd quarter. Federated Investors Inc. PA now owns 7,725 shares of the company’s stock worth $165,000 after purchasing an additional 3,859 shares during the last quarter. Renaissance Technologies LLC increased its position in Guess? by 2.7% in the 2nd quarter. Renaissance Technologies LLC now owns 217,954 shares of the company’s stock worth $4,664,000 after purchasing an additional 5,754 shares during the last quarter. Raymond James & Associates increased its position in Guess? by 114.6% in the 2nd quarter. Raymond James & Associates now owns 41,590 shares of the company’s stock worth $890,000 after purchasing an additional 22,210 shares during the last quarter. Finally, Macquarie Group Ltd. increased its position in Guess? by 19.5% in the 2nd quarter. Macquarie Group Ltd. now owns 14,700 shares of the company’s stock worth $315,000 after purchasing an additional 2,400 shares during the last quarter. 70.49% of the stock is owned by institutional investors and hedge funds.

Shares of GES stock opened at $22.13 on Tuesday. The company has a current ratio of 1.93, a quick ratio of 0.95 and a debt-to-equity ratio of 0.04. Guess?, Inc. has a fifty-two week low of $14.17 and a fifty-two week high of $26.95. The stock has a market capitalization of $1.79 billion, a price-to-earnings ratio of 31.61, a PEG ratio of 1.24 and a beta of 0.39.

Guess? (NYSE:GES) last issued its earnings results on Wednesday, November 28th. The company reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.16 by ($0.03). Guess? had a positive return on equity of 8.39% and a negative net margin of 0.32%. The firm had revenue of $605.00 million during the quarter, compared to analyst estimates of $603.08 million. During the same period in the previous year, the company earned $0.12 earnings per share. The business’s revenue for the quarter was up 10.2% on a year-over-year basis. Equities research analysts expect that Guess?, Inc. will post 1.02 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 2nd. Shareholders of record on Wednesday, December 12th were given a $0.225 dividend. This represents a $0.90 annualized dividend and a yield of 4.07%. The ex-dividend date was Tuesday, December 11th. Guess?’s payout ratio is currently 128.57%.

Several research analysts have weighed in on GES shares. ValuEngine raised Guess? from a “hold” rating to a “buy” rating in a research report on Wednesday, December 26th. Zacks Investment Research raised Guess? from a “hold” rating to a “buy” rating and set a $25.00 target price on the stock in a research report on Friday, November 30th. Finally, TheStreet lowered Guess? from a “b” rating to a “c+” rating in a research report on Thursday, November 29th. Four investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $22.60.

In other news, Director Anthony Chidoni sold 12,000 shares of the stock in a transaction dated Friday, December 21st. The stock was sold at an average price of $18.87, for a total transaction of $226,440.00. Following the transaction, the director now owns 172,290 shares of the company’s stock, valued at approximately $3,251,112.30. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 31.30% of the company’s stock.

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Guess? Profile

Guess?, Inc designs, markets, distributes, and licenses lifestyle collections of apparel and accessories for men, women, and children. It operates through five segments: Americas Retail, Americas Wholesale, Europe, Asia, and Licensing. The company’s clothing collection includes jeans, pants, skirts, dresses, shorts, blouses, shirts, jackets, knitwear, and intimate apparel.

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Institutional Ownership by Quarter for Guess? (NYSE:GES)

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AQR Capital Management LLC Sells 19511 Shares of Thomson Reuters Corp (NYSE:TRI)

Bridgewater Associates LP raised its stake in shares of Thomson Reuters by 16.6% during the 3rd quarter. Bridgewater Associates LP now owns …

Thomson Reuters logoAQR Capital Management LLC trimmed its stake in shares of Thomson Reuters Corp (NYSE:TRI) (TSE:TRI) by 4.1% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 460,285 shares of the business services provider’s stock after selling 19,511 shares during the quarter. AQR Capital Management LLC owned 0.08% of Thomson Reuters worth $20,988,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in TRI. Deutsche Bank AG raised its stake in Thomson Reuters by 13.8% during the 3rd quarter. Deutsche Bank AG now owns 683,260 shares of the business services provider’s stock valued at $31,207,000 after acquiring an additional 82,605 shares during the last quarter. Cerebellum GP LLC purchased a new position in shares of Thomson Reuters during the 3rd quarter worth approximately $190,000. Bridgewater Associates LP raised its stake in shares of Thomson Reuters by 16.6% during the 3rd quarter. Bridgewater Associates LP now owns 124,094 shares of the business services provider’s stock worth $5,658,000 after buying an additional 17,693 shares in the last quarter. Northern Trust Corp raised its stake in shares of Thomson Reuters by 4.8% during the 2nd quarter. Northern Trust Corp now owns 516,102 shares of the business services provider’s stock worth $20,809,000 after buying an additional 23,457 shares in the last quarter. Finally, Stevens Capital Management LP raised its stake in shares of Thomson Reuters by 209.3% during the 3rd quarter. Stevens Capital Management LP now owns 75,764 shares of the business services provider’s stock worth $3,461,000 after buying an additional 51,267 shares in the last quarter. 33.41% of the stock is owned by hedge funds and other institutional investors.

NYSE:TRI traded up $0.42 during mid-day trading on Monday, hitting $50.89. The company had a trading volume of 536,765 shares, compared to its average volume of 603,041. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.45 and a quick ratio of 2.45. Thomson Reuters Corp has a 1 year low of $40.25 and a 1 year high of $54.15. The firm has a market capitalization of $25.70 billion, a PE ratio of 18.44, a price-to-earnings-growth ratio of 4.47 and a beta of 0.54.

Thomson Reuters (NYSE:TRI) (TSE:TRI) last released its quarterly earnings data on Tuesday, November 6th. The business services provider reported $0.11 EPS for the quarter, beating the consensus estimate of $0.04 by $0.07. Thomson Reuters had a return on equity of 6.10% and a net margin of 16.21%. The company had revenue of $1.29 billion for the quarter, compared to analyst estimates of $1.31 billion. During the same period last year, the company posted $0.27 earnings per share. The firm’s revenue was up 1.6% compared to the same quarter last year. Equities analysts anticipate that Thomson Reuters Corp will post 0.64 EPS for the current year.

A number of equities research analysts recently weighed in on the company. Bank of America restated a “neutral” rating and issued a $48.00 price target on shares of Thomson Reuters in a report on Wednesday, October 10th. Morgan Stanley set a $51.00 price target on Thomson Reuters and gave the stock a “buy” rating in a report on Monday, October 15th. Zacks Investment Research upgraded Thomson Reuters from a “hold” rating to a “buy” rating and set a $51.00 price target on the stock in a report on Wednesday, October 17th. Goldman Sachs Group assumed coverage on Thomson Reuters in a report on Thursday, October 18th. They issued a “neutral” rating on the stock. Finally, TD Securities restated a “buy” rating and issued a $69.00 price target on shares of Thomson Reuters in a report on Wednesday, November 7th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and six have assigned a buy rating to the company’s stock. Thomson Reuters has an average rating of “Hold” and an average target price of $52.91.

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About Thomson Reuters

Thomson Reuters Corporation provides news and information for professional markets worldwide. The company operates through three segments: Financial & Risk, Legal, and Tax & Accounting. It sells electronic content and services to professionals primarily on a subscription basis. The Financial & Risk segment offers critical news, information, and analytics enabling transactions and connecting communities of trading, investment, financial, and corporate professionals.

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Institutional Ownership by Quarter for Thomson Reuters (NYSE:TRI)

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Hexcel Co. (HXL) Holdings Trimmed by AQR Capital Management LLC

AQR Capital Management LLC lowered its holdings in shares of Hexcel Co. (NYSE:HXL) by 48.2% during the 3rd quarter, according to its most recent …

Hexcel logoAQR Capital Management LLC lowered its holdings in shares of Hexcel Co. (NYSE:HXL) by 48.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,158 shares of the aerospace company’s stock after selling 19,652 shares during the period. AQR Capital Management LLC’s holdings in Hexcel were worth $1,419,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. Bank of New York Mellon Corp raised its stake in shares of Hexcel by 6.2% in the 2nd quarter. Bank of New York Mellon Corp now owns 739,407 shares of the aerospace company’s stock worth $49,082,000 after buying an additional 43,029 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of Hexcel by 2.0% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 44,565 shares of the aerospace company’s stock worth $2,988,000 after buying an additional 883 shares in the last quarter. Blair William & Co. IL raised its stake in shares of Hexcel by 14.4% in the 3rd quarter. Blair William & Co. IL now owns 16,492 shares of the aerospace company’s stock worth $1,106,000 after buying an additional 2,075 shares in the last quarter. FDx Advisors Inc. raised its stake in shares of Hexcel by 72.0% in the 3rd quarter. FDx Advisors Inc. now owns 6,656 shares of the aerospace company’s stock worth $446,000 after buying an additional 2,786 shares in the last quarter. Finally, Synovus Financial Corp raised its stake in shares of Hexcel by 5.5% in the 3rd quarter. Synovus Financial Corp now owns 17,152 shares of the aerospace company’s stock worth $1,151,000 after buying an additional 899 shares in the last quarter. 97.14% of the stock is currently owned by hedge funds and other institutional investors.

Shares of NYSE HXL opened at $62.22 on Monday. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.44 and a current ratio of 2.58. The firm has a market capitalization of $5.36 billion, a P/E ratio of 23.22, a P/E/G ratio of 1.76 and a beta of 1.13. Hexcel Co. has a 52-week low of $53.50 and a 52-week high of $73.42.

Hexcel (NYSE:HXL) last issued its earnings results on Monday, October 22nd. The aerospace company reported $0.80 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.78 by $0.02. The business had revenue of $540.50 million for the quarter, compared to analysts’ expectations of $545.88 million. Hexcel had a return on equity of 18.08% and a net margin of 13.95%. The company’s quarterly revenue was up 10.0% on a year-over-year basis. During the same period in the previous year, the firm posted $0.71 EPS. As a group, research analysts expect that Hexcel Co. will post 3.03 EPS for the current fiscal year.

A number of analysts have recently commented on the company. Zacks Investment Research downgraded Hexcel from a “hold” rating to a “sell” rating in a research note on Wednesday, October 24th. BMO Capital Markets raised Hexcel from a “market perform” rating to an “outperform” rating in a research note on Tuesday, January 8th. Longbow Research assumed coverage on Hexcel in a research note on Tuesday, November 20th. They issued a “neutral” rating on the stock. ValuEngine downgraded Hexcel from a “buy” rating to a “hold” rating in a research note on Thursday, October 11th. Finally, Vertical Research raised Hexcel from a “hold” rating to a “buy” rating and set a $72.00 price objective on the stock in a research note on Tuesday, October 23rd. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and seven have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $72.75.

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Hexcel Company Profile

Hexcel Corporation, together with its subsidiaries, develops, manufactures, and markets structural materials for use in commercial aerospace, space and defense, and industrial markets. The company operates in two segments, Composite Materials and Engineered Products. The Composite Materials segment manufactures and markets carbon fibers, fabrics and specialty reinforcements, prepregs and other fiber-reinforced matrix materials, structural adhesives, honeycombs, molding compounds, tooling materials, polyurethane systems, and laminates that are used in military and commercial aircraft, wind turbine blade, recreational product, and other industrial applications, as well as in cars, boats, and trains.

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Institutional Ownership by Quarter for Hexcel (NYSE:HXL)

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