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Sienna Gestion Makes New $4.52 Million Investment in Paycom Software, Inc. $PAYC
Sienna Gestion has made a new $4.52 million investment in Paycom Software, Inc. (NYSE:PAYC), acquiring 23,792 shares during the third quarter. This comes as Paycom slightly surpassed quarterly EPS expectations and reported a 10.2% year-over-year revenue increase, leading to an average “Hold” rating from analysts. The company also announced a quarterly dividend, while institutional investors now own 87.77% of the stock.