Paycom Software, Inc. (PAYC) EPS Estimated At $0.78; Metropolitan Life Insurance Company Cut By $7.73 Million Its Kroger (KR) Holding

April 22, 2018 - By William Brooks

Paycom Software, Inc. (NYSE:PAYC) Logo

Metropolitan Life Insurance Company decreased Kroger (KR) stake by 63.88% reported in 2017Q4 SEC filing. Metropolitan Life Insurance Company sold 286,225 shares as Kroger (KR)’s stock declined 16.92%. The Metropolitan Life Insurance Company holds 161,835 shares with $4.44M value, down from 448,060 last quarter. Kroger now has $20.89 billion valuation. The stock decreased 0.25% or $0.06 during the last trading session, reaching $24.12. About 16.22M shares traded or 50.21% up from the average. The Kroger Co. (NYSE:KR) has declined 18.87% since April 22, 2017 and is downtrending. It has underperformed by 30.42% the S&P500.

Analysts expect Paycom Software, Inc. (NYSE:PAYC) to report $0.78 EPS on May, 1 after the close.They anticipate $0.34 EPS change or 77.27% from last quarter’s $0.44 EPS. PAYC’s profit would be $46.07 million giving it 37.10 P/E if the $0.78 EPS is correct. After having $0.24 EPS previously, Paycom Software, Inc.’s analysts see 225.00% EPS growth. The stock decreased 0.86% or $1 during the last trading session, reaching $115.76. About 683,442 shares traded. Paycom Software, Inc. (NYSE:PAYC) has risen 92.63% since April 22, 2017 and is uptrending. It has outperformed by 81.08% the S&P500.

Paycom Software, Inc. provides cloud human capital management software solution that is delivered as software-as-a-service for small to mid-sized companies in the United States. The company has market cap of $6.84 billion. It provides functionality and data analytics that businesses need to manage the employment life cycle from recruitment to retirement. It has a 102.08 P/E ratio. The company??s HCM solution offers a suite of applications in the areas of talent acquisition, including applicant tracking, candidate tracker, background checks, on-boarding, E-Verify, and tax credit service applications; and time and labor management, such as time and attendance, scheduling/schedule exchange, time-off requests, labor allocation, labor management reports/push reporting, and geofencing/geotracking applications.

Among 18 analysts covering Paycom Software (NYSE:PAYC), 11 have Buy rating, 0 Sell and 7 Hold. Therefore 61% are positive. Paycom Software had 68 analyst reports since August 5, 2015 according to SRatingsIntel. The rating was maintained by KeyBanc Capital Markets on Tuesday, March 13 with “Overweight”. The stock of Paycom Software, Inc. (NYSE:PAYC) has “Equal Weight” rating given on Wednesday, August 5 by Barclays Capital. The stock of Paycom Software, Inc. (NYSE:PAYC) has “Overweight” rating given on Tuesday, September 13 by Barclays Capital. Robert W. Baird maintained Paycom Software, Inc. (NYSE:PAYC) rating on Tuesday, February 6. Robert W. Baird has “Buy” rating and $92.0 target. The company was maintained on Monday, September 11 by Robert W. Baird. The stock of Paycom Software, Inc. (NYSE:PAYC) has “Buy” rating given on Tuesday, September 5 by Jefferies. Oppenheimer initiated the stock with “Outperform” rating in Friday, December 2 report. Bank of America maintained Paycom Software, Inc. (NYSE:PAYC) on Wednesday, February 7 with “Buy” rating. The firm has “Hold” rating by Mizuho given on Tuesday, August 1. RBC Capital Markets maintained it with “Hold” rating and $6700 target in Wednesday, July 19 report.

Investors sentiment increased to 0.9 in 2017 Q4. Its up 0.02, from 0.88 in 2017Q3. It improved, as 78 investors sold KR shares while 251 reduced holdings. 121 funds opened positions while 176 raised stakes. 636.15 million shares or 7.55% less from 688.12 million shares in 2017Q3 were reported. Rothschild Invest Corp Il owns 0.15% invested in The Kroger Co. (NYSE:KR) for 50,855 shares. Coho Ltd holds 3.7% or 5.45M shares. State Street Corp holds 0.09% or 38.64M shares. Ls Investment Advsr Ltd Limited Liability Company, a Michigan-based fund reported 37,192 shares. Dupont Capital Management Corporation invested in 0% or 4,516 shares. Arizona State Retirement accumulated 317,141 shares or 0.08% of the stock. Fund Evaluation Gru Llc invested in 0.13% or 45,000 shares. Cornerstone accumulated 491 shares or 0.01% of the stock. Bank & Trust Of Ny Mellon holds 6.59 million shares or 0.05% of its portfolio. Savant Cap Ltd Company stated it has 7,451 shares. Verition Fund Mngmt Limited Company has 0.06% invested in The Kroger Co. (NYSE:KR) for 21,996 shares. Kentucky Retirement Fund owns 0.11% invested in The Kroger Co. (NYSE:KR) for 23,623 shares. Loring Wolcott & Coolidge Fiduciary Advsr Ltd Liability Partnership Ma accumulated 5,306 shares. Amer Insur Tx invested 0.29% of its portfolio in The Kroger Co. (NYSE:KR). Fisher Asset Mgmt invested in 193,164 shares or 0.01% of the stock.

Metropolitan Life Insurance Company increased Mplx Common Units (NYSE:MPLX) stake by 26,810 shares to 461,187 valued at $16.36M in 2017Q4. It also upped Intuitive Surgical Inc (NASDAQ:ISRG) stake by 2,882 shares and now owns 22,112 shares. Williams Partners Units (ACMP) was raised too.

Among 37 analysts covering Kroger (NYSE:KR), 17 have Buy rating, 0 Sell and 20 Hold. Therefore 46% are positive. Kroger had 111 analyst reports since August 25, 2015 according to SRatingsIntel. The rating was maintained by Barclays Capital with “Equal-Weight” on Thursday, September 3. Scotia Capital maintained the stock with “Buy” rating in Monday, February 5 report. Citigroup maintained The Kroger Co. (NYSE:KR) rating on Thursday, September 17. Citigroup has “Buy” rating and $45 target. The stock of The Kroger Co. (NYSE:KR) earned “Hold” rating by BMO Capital Markets on Tuesday, June 27. The rating was maintained by RBC Capital Markets on Wednesday, September 7 with “Sector Perform”. The stock has “Buy” rating by Citigroup on Monday, August 29. As per Friday, March 2, the company rating was maintained by BMO Capital Markets. The firm has “Buy” rating given on Tuesday, July 18 by RBC Capital Markets. Barclays Capital maintained the shares of KR in report on Friday, December 4 with “Equal-Weight” rating. Pivotal Research maintained the stock with “Buy” rating in Friday, September 11 report.

Since December 19, 2017, it had 0 insider purchases, and 6 insider sales for $2.81 million activity. 3,800 shares were sold by Foley Todd A, worth $92,844. 40,000 The Kroger Co. (NYSE:KR) shares with value of $1.23M were sold by DONNELLY MICHAEL JOSEPH. Clark Robert W sold $325,292 worth of stock or 11,000 shares. HJELM CHRISTOPHER T had sold 16,530 shares worth $446,327 on Tuesday, December 19.

Analysts await The Kroger Co. (NYSE:KR) to report earnings on June, 21. They expect $0.63 EPS, up 8.62% or $0.05 from last year’s $0.58 per share. KR’s profit will be $545.56M for 9.57 P/E if the $0.63 EPS becomes a reality. After $0.63 actual EPS reported by The Kroger Co. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

The Kroger Co. (NYSE:KR) Institutional Positions Chart

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