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Paychex beat Q4 earnings estimates and declared a $0.98 dividend amid mixed investor activity.
Paychex Inc., a provider of payroll and HR services, saw mixed institutional investor activity in Q4, with some reducing stakes while others increased holdings.
The company beat earnings estimates, reporting $1.14 EPS and declaring a $0.98 quarterly dividend.
Paychex has a market cap of $53.02 billion, a P/E ratio of 31.00, and an 82.53% dividend payout ratio.
Analysts have a consensus "Hold" rating with a target price of $132.23.
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Paychex superó las estimaciones de ganancias Q4 y declaró un dividendo de $0.98 en medio de la actividad mixta de los inversores.