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Menard Financial and Virtue Capital invest significantly in ADP, boosting its stock up 8.2% in a quarter.
Menard Financial Group LLC recently bought 543 shares of Automatic Data Processing (ADP) worth about $159,000, while Virtue Capital Management LLC invested $264,000 in ADP's stock.
ADP's stock rose 8.2% in the last quarter, and institutional investors now own 80.03% of the stock.
ADP reported a stronger-than-expected $3.06 EPS and has a market cap of $130.34 billion.
The company offers cloud-based human capital management solutions.
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Menard Financial y Virtue Capital invierten significativamente en ADP, impulsando sus acciones un 8,2% en un trimestre.