Paychex Inc (PAYX) CEO & President Martin Mucci Sold $5.2 million of Shares

CEO & President of Paychex Inc (NASDAQ:PAYX) Martin Mucci sold 74,742 shares of PAYX on 07/06/2018 at an average price of $69.66 a share. The total sale was $5.2 million.

Paychex Inc operates in payroll outsourcing industry. The company provides integrated payroll, human resource, insurance, and benefits outsourcing solutions for small and medium-sized businesses in the United States. Paychex Inc has a market cap of $25.02 billion; its shares were traded at around $69.69 with a P/E ratio of 27.00 and P/S ratio of 7.46. The dividend yield of Paychex Inc stocks is 2.94%. Paychex Inc had annual average EBITDA growth of 6.80% over the past ten years. GuruFocus rated Paychex Inc the business predictability rank of 4-star.

CEO Recent Trades:

CEO & President Martin Mucci sold 74,742 shares of PAYX stock on 07/06/2018 at the average price of $69.66. The price of the stock has increased by 0.04% since.

CFO Recent Trades:

Sr. Vice President, CFO Efrain Rivera sold 3,902 shares of PAYX stock on 07/06/2018 at the average price of $69.79. The price of the stock has decreased by 0.14% since.

Directors and Officers Recent Trades:

VP/Controller Jennifer R. Vossler sold 7,683 shares of PAYX stock on 07/10/2018 at the average price of $69.92. The price of the stock has decreased by 0.33% since.Vice President Laurie L. Zaucha sold 32,359 shares of PAYX stock on 07/09/2018 at the average price of $69.93. The price of the stock has decreased by 0.34% since.CLO, Secretary Stephanie L Schaeffer sold 34,251 shares of PAYX stock on 07/09/2018 at the average price of $69.98. The price of the stock has decreased by 0.41% since.Sr. VP, Service John B Gibson sold 52,472 shares of PAYX stock on 07/09/2018 at the average price of $69.98. The price of the stock has decreased by 0.41% since.Sr. Vice President Michael E Gioja sold 5,542 shares of PAYX stock on 07/06/2018 at the average price of $69.79. The price of the stock has decreased by 0.14% since.

For the complete insider trading history of PAYX, click here

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Advanced Disposal Services (ADSW) Earns News Impact Rating of 0.24

Media stories about Advanced Disposal Services (NYSE:ADSW) have trended somewhat positive recently, Accern Sentiment reports. The research firm scores the sentiment of press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Advanced Disposal Services earned a coverage optimism score of 0.24 on Accern’s scale. Accern also gave news stories about the company an impact score of 46.8391102948346 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

These are some of the news stories that may have effected Accern Sentiment’s analysis:

Get Advanced Disposal Services alerts: Moving Average Crossover Alert: Advanced Disposal Services (ADSW) (zacks.com) Head to Head Survey: Advanced Disposal Services (ADSW) vs. Waste Management (WM) (americanbankingnews.com) Advanced Disposal Services Inc (ADSW) Expected to Announce Quarterly Sales of $389.19 Million (americanbankingnews.com) Advanced Disposal Sets Date for Second Quarter 2018 Earnings Call (finance.yahoo.com) Advanced Disposal Services Inc (ADSW) Given Consensus Recommendation of “Hold” by Brokerages (americanbankingnews.com)

Advanced Disposal Services traded down $0.09, hitting $24.91, during trading on Friday, according to MarketBeat.com. 297,339 shares of the company’s stock traded hands, compared to its average volume of 557,318. The company has a market cap of $2.21 billion, a PE ratio of 53.00, a price-to-earnings-growth ratio of 2.55 and a beta of 0.58. Advanced Disposal Services has a 12-month low of $21.50 and a 12-month high of $25.71. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 2.10.

Advanced Disposal Services (NYSE:ADSW) last released its quarterly earnings data on Wednesday, May 2nd. The company reported $0.09 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.03 by $0.06. The business had revenue of $364.70 million for the quarter, compared to the consensus estimate of $361.88 million. Advanced Disposal Services had a net margin of 3.11% and a return on equity of 5.40%. The company’s revenue was up 5.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.04 earnings per share. equities research analysts anticipate that Advanced Disposal Services will post 0.63 EPS for the current year.

ADSW has been the topic of several recent research reports. Zacks Investment Research raised shares of Advanced Disposal Services from a “hold” rating to a “buy” rating and set a $28.00 price objective on the stock in a report on Wednesday. ValuEngine raised shares of Advanced Disposal Services from a “sell” rating to a “hold” rating in a report on Thursday, May 3rd. One investment analyst has rated the stock with a sell rating, two have given a hold rating and five have assigned a buy rating to the company. The company has an average rating of “Buy” and an average target price of $26.83.

In other news, major shareholder Highstar Capital Lp sold 21,987,453 shares of the company’s stock in a transaction dated Thursday, May 10th. The stock was sold at an average price of $22.43, for a total transaction of $493,178,570.79. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Steven R. Carn sold 15,427 shares of the company’s stock in a transaction dated Tuesday, May 1st. The shares were sold at an average price of $21.95, for a total value of $338,622.65. Following the sale, the insider now owns 130,482 shares in the company, valued at $2,864,079.90. The disclosure for this sale can be found here. 0.94% of the stock is owned by corporate insiders.

Advanced Disposal Services Company Profile

Advanced Disposal Services, Inc provides non-hazardous solid waste collection, transfer, recycling, and disposal services. It is involved in the curbside collection of residential refuse from small carts or containers into collection vehicles for transport to a disposal/recycling site. The company also supplies commercial and industrial customers with waste containers; rents or sells compactors to large waste generators; and provides roll-off containers, as well as waste collection, transportation, and disposal services to construction and demolition sites.

Ford and Fiat Chrysler Post Solid June Sales

Automakers are bracing for potential tariff-related disruption later this year, but for now they are benefiting from strong demand. The combination of low unemployment and tax cuts that took effect earlier this year has encouraged consumers to step up their purchases of pricey trucks, SUVs, and crossovers.

This healthy demand translated to strong sales in June for Ford Motor (NYSE:F) and Fiat Chrysler (NYSE:FCAU). That's welcome news for investors -- particularly Ford shareholders.

Ford continues its sales turnaround

During the first four months of 2018, Ford's U.S. deliveries fell by 3.3%, primarily because of a double-digit decline in car sales. Strong demand for trucks -- particularly Ford's popular F-Series pickups -- was more or less offset by a modest decline in crossover/SUV sales.

Strong F-Series truck sales have kept Ford's profit afloat. Image source: Ford Motor Company.

However, Ford seems to be turning a corner in its home market. U.S. deliveries rose 0.7% in May, with a 3.5% increase in sales to retail customers more than offsetting a 4.6% decline in fleet sales (a result of order timing). The turnaround continued last month, as Ford's U.S. deliveries rose 1.2%, including a 2.9% increase in retail sales.

Obviously, a 1.2% sales increase by itself isn't much to brag about. However, Ford is seeing strong demand for its most lucrative models. For example, F-Series deliveries inched up 1.7% to 79,204 in June, despite supply constraints. Additionally, retail sales of the Lincoln Navigator luxury SUV more than doubled once again, with customers gravitating toward the most expensive options. As a result, Ford's average transaction prices rose $540 in the first half of the year.

Fiat Chrysler also has a strong June

Fiat Chrysler has been one of the best-performing automakers in the U.S. market year to date. Its domestic deliveries are up 4.5%, including a stellar 8% gain last month.

The main source of Fiat Chrysler's 2018 growth has been its Jeep brand. Last year, Fiat Chrysler decided to follow many of its peers by sharply reducing its sales to rental car companies. (These sales tend to be less profitable and can pull down used car values.) As a result, Jeep sales plunged 10.6% in 2017. Having gotten that pain out of the way, the Jeep brand has returned to its previous trend of breakneck growth.

Last month, Jeep deliveries rose 18.9% in the U.S., hitting a record for June. Year to date, Jeep deliveries have surged 21.8%. Domestic sales for Fiat Chrysler's other brands -- Alfa Romeo, Chrysler, Dodge, Fiat, and Ram -- declined 6.1% in the first six months of 2018. Given that Jeep deliveries carry high margins, this is a good trade-off for the company.

Why Ford stock looks like a buy

Fiat Chrysler stock has nearly doubled over the past year, due to the strength of the Jeep brand and profitability improvements related to its improving sales mix. By contrast, Ford stock has gone nowhere over the past year and remains near a multiyear low.

Ford vs. Fiat Chrysler stock performance, data by YCharts.

While Ford stock is out of favor right now, it could be primed for a comeback over the next two to three years. Ford is in the early stages of a multiyear new-product offensive that will give it the freshest vehicle portfolio in the industry by 2020 while shifting its vehicle mix even further toward trucks, SUVs, and crossovers.

The first new product for the domestic market -- the Ford EcoSport subcompact crossover -- is gaining momentum. In June, it achieved a monthly record with 6,756 deliveries. All-new versions of the Ford Expedition and Lincoln Navigator full-size SUVs are also selling well.

By the end of 2019, Ford will have released new versions of most of its crossover, SUV, and truck models. It will also start selling the Ranger midsize pickup, the Focus Active crossover, and the Lincoln Aviator SUV next year. Other new and redesigned models will arrive in 2020. Meanwhile, Ford is steadily phasing out most of its traditional car models in the U.S. market.

The biggest reason for Ford's recent underperformance is its aging product portfolio. Once that problem is fixed, Ford's domestic market share and profitability should improve dramatically. Furthermore, Ford has a large domestic manufacturing footprint, which will protect it from the worst impact of any potential trade war. As a result, Ford stock looks appealing for investors willing to stomach some short-term volatility.

5 Ways You Can Get More Money in Retirement

Running out of money in retirement is pretty much a nightmare scenario. But given that 42% of Americans have less than $10,000 in long-term savings at present, it's a very real risk. If you're less than confident about your nest egg's lasting power, then it pays to take steps to boost your retirement income in other ways. Here are a few options to consider.

1. File for Social Security at age 70

Your Social Security benefits are calculated based on the amount you earn during your top 35 working years. If you file for benefits at your full retirement age, which, based on your year of birth, is either 66, 67, or 66 and a number of months, you'll collect the full monthly benefit your earnings record entitles you to. But if you hold off on taking benefits past full retirement age, you'll boost them by 8% a year up until age 70. This means that if you're looking at a full monthly benefit of $1,500 at 67, waiting until 70 will increase that payment to $1,860 -- for life.

IMAGE SOURCE: GETTY IMAGES.

2. Invest in dividend stocks

Tempting as it may be to dump your stocks when you're older in favor of safer investments, like bonds, it pays to hold on to some dividend stocks in retirement. If you invest in solid companies with a long history of paying dividends, you'll be in a good position to collect those quarterly payments throughout retirement, which you'll then be free to use as you please or reinvest for additional growth. Best of all, dividend stocks can serve as a hedge against market volatility. Even if the stock market on a whole has a bad year, your portfolio might still do well if it has strong enough dividend payers.

3. Buy an annuity

An annuity is a contract between you and an insurance company. In exchange for a certain amount of money, the company issuing your annuity agrees to provide you with a guaranteed income stream for life. Annuities aren't for everyone because they're fairly complex and can come with some rather expensive fees, but if you have a string of years in which you've maxed out your 401(k) or IRA contributions and still wish to save for retirement, you might consider putting that excess cash into an annuity so you can enjoy the payout later on.

4. Start a business

If you ever dreamed of starting a business during your working years but were afraid to take the leap, doing so in retirement is a good way to not only generate extra income but fulfill a lifelong goal. Interestingly enough, seniors 65 and older are more likely to be self-employed than any other age group, according to the U.S. Bureau of Labor Statistics, so if you do decide to embark on a new venture after closing out your full-time career, you'll be in good company.

5. Monetize a hobby

The beauty of being retired is getting to spend your days the way you want to, and for many seniors, that means diving into hobbies that may have previously fallen by the wayside. But aside from serving as a meaningful way to fill your time, exploring hobbies is also a great way to boost your income when you're older. These days, you can turn just about any hobby into a business venture, whether it's baking, crafting, or gardening. And while your hobby may not end up being the biggest moneymaker out there, it could serve as a good source of leisure cash, which is nothing to scoff at.

The more money you have available to you in retirement, the less stress you're apt to encounter. Even if you're approaching your golden years with a healthy level of savings, it never hurts to explore a wider variety of income streams. This way, you'll get to enjoy retirement to the fullest without having to worry as much about paying the bills.

Here's What the Average Side Hustle Pays -- and Why You Should Get One

No longer just a fun buzz word to throw around, the side hustle is rapidly gaining traction as a growing number of Americans recognize the benefits of getting one. It's estimated that 37% of U.S. adults have a side hustle, according to a new Bankrate study, but what's even more impressive is what those secondary gigs are paying. The average side hustler earns $686 per month, which is clearly not a small amount of money. Given that 23% of Americans have no emergency savings, taking in that much extra cash could spell the difference between buying yourself a degree of financial stability and walking around perpetually vulnerable.

But the means to build an emergency fund isn't the only reason to consider getting a side hustle. Here are a few more benefits you might reap.

IMAGE SOURCE: GETTY IMAGES.

1. Income security

It's an unfortunate fact that none of us are immune to layoffs. You never know when your company might choose to downsize, or when a new boss might come in and decide that your skills are no longer relevant. Having a side hustle is a great way to avoid losing sleep when things start to go south at your place of business, as it means having a backup income stream in the event your first one goes away.

Many people who lose their jobs find themselves financially stressed during that period between getting laid off and finding new work, and rightfully so. But having that additional source of income might allow you to relax a little and take the time to find the right replacement role, as opposed to accepting the first offer that comes your way because you're desperate for cash.

2. Personal and professional growth

Balancing a full-time role and a side gig takes work, but that effort might translate into more than just additional money. In a separate survey from Simple, 44% of younger workers with side hustles claimed that those second jobs made them more valuable employees at their primary jobs. Meanwhile, 45% said that their side hustles helped them become more organized. Not only might working a side hustle give you a chance to develop key skills, but it might help you evolve professionally and personally. And that's something that could have a lifelong impact, even if you only end up working that side gig temporarily.

3. The ability to enjoy your life to the fullest

We're all supposed to save money, whether it's for emergencies, retirement, or other milestones. But saving money generally means making some sort of sacrifice, whether it's driving a beat-up car instead of a comfortable new vehicle or living in a cramped one-bedroom apartment that's cheaper than the spacious two-bedroom next door.

The beauty of working a side hustle is that the money you earn often isn't cash you're depending upon to pay your basic bills. Rather, it's bonus cash that comes from that extra effort. Therefore, as long as you're saving a portion of your primary income, you can, and should, feel free to use your side hustle earnings to enjoy the luxuries you may have previously forgone, whether it's frequent meals at your favorite dining spots or the exotic vacations that are highest on your bucket list.

There are plenty of good reasons to work a side hustle, and clearly, the payout can be quite substantial. Remember, that $686 per month is just an average, and if you manage to score a well-paying gig and are willing to put in the time, your personal earnings might well exceed that figure.