M&T Bank Corp Acquires 64,226 Shares of Paycom Software, Inc. $PAYC

General News

Summary

M&T Bank Corp increased its stake in Paycom Software by 64,226 shares in Q4, raising its total to 67,316 shares (about 0.12% of Paycom) valued at roughly $10.73 million. The filing notes several other institutional investors materially adjusted their positions and that institutional ownership stands near 87.77%. Analysts updated price targets and ratings in February–March, leaving a consensus 'Hold' and an average target near $168.79. Paycom reported $2.45 EPS and $544.3M revenue for the quarter, paid a $0.375 quarterly dividend, and operates as a cloud-based HCM provider for payroll, HR, talent acquisition, time and labor management.

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applications
Accounting and Taxes

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Human Capital Management Software Payroll Software HR Software

Linked Companies

Paycom
$1B+