The Texas Permanent School Fund reduced its position at Paycom Software Inc (NYSE: PAYC) by 4.7% this quarter, according to the company in its last 13F filing with the Securities and Exchange Commission (SEC). The company held 8,419 shares of the software manufacturer after promoting 417 shares during the period. Texas Permanent School Fund holdings at Paycom Software were $2,608,000 at the end of the last quarter.
Several other institutional investors and hedging budgets have also recently replaced their positions at PAYC. Strs Ohio increased its share of Paycom Software inventories by up to 0.6% this quarter. Strs Ohio now owns 5,707 software manufacturer inventories worth $1,767,000 after buying another 35 inventories in the most recent quarter. AlphaStar Capital Management LLC increased its share of Paycom Software inventories by 1.2% in the first quarter. AlphaStar Capital Management LLC now has 3,823 inventories of software manufacturer inventory valued at $796,000 after purchasing another 46 inventories in the last quarter. Intrust Bank NA increased its share of Paycom Software inventories by up to 1.1% in the first quarter. Intrust Bank NA now has 4,648 software manufacturer inventories worth $939,000 after purchasing 51 additional inventories in the last quarter. Signaturefd LLC increased its stake in Paycom Software’s inventories by up to 6.4% this quarter. Signaturefd LLC now has 865 inventories of software manufacturer inventory valued at $268,000 after purchasing another 52 inventories in the last quarter. Finally, Brinker Capital Inc. increased its share of Paycom Software’s inventories by 0.3% in the first quarter. Brinker Capital Inc. now owns 15,792 inventories from software manufacturer worth $3,190,000 after purchasing 53 additional inventories in the last quarter. 75.20% of inventory is maintained through institutional investors.
Several analysts have recently published inventory reports. Oppenheimer assumed paycom Software’s inventory policy in a study note on Wednesday. They set a “buy” score and a target value of $345.00 for the company. TheStreet reduced Paycom Software’s inventories from a “b” score to a “c” in a study note on Tuesday, August 4. Barclays raised its value target on Paycom Software’s inventories from $195.00 to $285.00 and gave the inventory an “equal weight” rating on a study note on Monday, July 20. JPMorgan Chase and Co. reduced Paycom Software’s inventories from a “neutral” score to an “underpondered” score and set a $200.00 value target for the company. in a study note on Thursday, April 23. Finally, the Royal Bank of Canada reduced its value target for Paycom Software inventories from $240.00 to $225.00 and set a “sector performance” score for the company on a study note on Wednesday, April 29. Three analysts rated the inventory with a sales note, seven gave the company a retention score, and seven gave the company a buy mark. Lately, the company has a consensus score of “Keep” and an average value target of $270.94.
NYSE shares: PAYC opened at $303.07 on Friday. The company has a 50-day moving average of $300.34 and a 200-day moving average of $274.18. The inventory has a market capitalization of $16.99 billion, a PE ratio of 100.35, a PEG ratio of 5.12 and a beta of 1.48. The company has an existing ratio of 1.11, a ratio of 1.11 and a debt ratio of 0.05. Paycom Software Inc has a minimum of 12 months minimum of $163.42 and a maximum of 12 months of $342.00.
Paycom Software (NYSE: PAYC) last released its effects on Tuesday, August 4. The software manufacturer reported EPS of $0.62 for the quarter, assembling the consensus estimate of $0.62. The company reported earnings of $181.59 million in the quarter, for analysts expecting expectations of $183.60 million. Paycom Software had a net margin of 22.23% and a return to equity of 30.80%. Corporate earnings for the quarter rose 7.2% in the same quarter last year. During the same era last year, the Company achieved EPS of $0.75. On average, study analysts expect Paycom Software Inc. to release 2.32 EPS for the existing fiscal year.
Similarly, director Jason D. Clark sold 900 Paycom Software shares in a transaction on Monday, May 18. The shares were sold at an average value of $284.51 for a total transaction of $256,059.00. The sale disclosed in a document filed with the SEC, which can be obtained on the SEC website. In addition, CHIEF executive Chad R. Richison sold 420,865 Paycom Software shares in a transaction on Tuesday, May 19. The shares were sold at an average value of $268.00 for a total transaction of $112,791,820.00. Disclosure of this sale can be found here. Insiders sold a total of 446,542 company shares valued at $120,508,772 over the more than 90 days. Corporate connoisseurs own 16.10% of the company’s shares.
Paycom profile
Paycom Software, Inc. offers a cloud-based human capital control (HCM) software service for small and medium-sized enterprises in the United States. It provides the features and knowledge analysis companies want to manage the employment lifecycle, from hiring to retirement. The company’s HCM solution provides a set of programs in the skills acquisition spaces, adding candidate tracking services, candidate tracking, background check, integration, electronic verification and tax credits; and time and labor control, such as time and attendance, schedule planning/exchange, license requests, assignment, control reports/push reports and geolocation/geolocation.
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