Quantbot Technologies LP Invests $5.76 Million in Paycom Software, Inc. $PAYC

Quantbot Technologies LP has acquired a new position of 27,650 shares in Paycom Software Inc. (NYSE:PAYC) during the third quarter, valued at approximately $5.76 million. This investment comes as Paycom slightly beat Q3 earnings estimates with $2.45 EPS and $544.3M in revenue. Despite a consensus “Hold” rating from analysts and a recent stock dip, institutional investors collectively own a significant 87.77% of the company’s stock, and Paycom recently declared a quarterly dividend of $0.375 per share.

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