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Rathbones Group PLC Has $22.71 Million Stock Holdings in Paychex, Inc. $PAYX
Rathbones Group PLC increased its stake in Paychex, Inc. by 11.1% in the fourth quarter, bringing its total holdings to 202,457 shares valued at $22.71 million. Other institutional investors also adjusted their positions in Paychex, which recently reported earnings exceeding analyst expectations and approved a $1 billion stock repurchase program. The company also declared a quarterly dividend of $1.08 per share.