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Paycom Software, Inc. $PAYC Holdings Cut by Mitsubishi UFJ Trust & Banking Corp
Mitsubishi UFJ Trust & Banking Corp significantly reduced its stake in Paycom Software, Inc. by 12.3% in the fourth quarter, selling 18,123 shares. Despite this, other institutional investors increased their holdings, and 87.77% of the stock is owned by institutions. Paycom Software also recently announced a quarterly dividend and analysts have issued various price targets and ratings, with a consensus “Hold” rating.