Teacher Retirement System of Texas acquired a new position in shares of Paycor HCM, Inc. (NASDAQ:PYCR - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 42,625 shares of the company's stock, valued at approximately $792,000.
Other institutional investors also recently bought and sold shares of the company. Charles Schwab Investment Management Inc. lifted its holdings in shares of Paycor HCM by 28.6% in the third quarter. Charles Schwab Investment Management Inc. now owns 488,779 shares of the company's stock valued at $6,936,000 after purchasing an additional 108,602 shares in the last quarter. Dynamic Technology Lab Private Ltd acquired a new position in shares of Paycor HCM during the 3rd quarter worth approximately $331,000. FMR LLC lifted its stake in Paycor HCM by 93.9% in the 3rd quarter. FMR LLC now owns 9,918 shares of the company's stock valued at $141,000 after buying an additional 4,804 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in Paycor HCM by 16.4% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 243,115 shares of the company's stock valued at $3,450,000 after buying an additional 34,336 shares during the last quarter. Finally, Rockefeller Capital Management L.P. grew its holdings in Paycor HCM by 8.1% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 1,161,032 shares of the company's stock valued at $16,478,000 after buying an additional 86,745 shares during the last quarter. 36.76% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Several analysts have recently issued reports on the company. Citigroup upped their price objective on Paycor HCM from $21.00 to $22.50 and gave the company a "neutral" rating in a research report on Thursday, January 16th. Raymond James downgraded shares of Paycor HCM from a "moderate buy" rating to a "hold" rating in a report on Monday, January 13th. Stifel Nicolaus upped their price objective on shares of Paycor HCM from $22.00 to $25.00 and gave the company a "buy" rating in a research note on Wednesday, December 18th. TD Cowen lowered shares of Paycor HCM from a "strong-buy" rating to a "hold" rating in a research report on Monday, January 20th. Finally, Robert W. Baird reiterated a "neutral" rating and issued a $22.50 price target (down from $28.00) on shares of Paycor HCM in a report on Friday, February 7th. One investment analyst has rated the stock with a sell rating, sixteen have issued a hold rating and two have given a buy rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $21.53.
View Our Latest Stock Report on Paycor HCM
Paycor HCM Trading Down 0.2 %
PYCR traded down $0.04 during trading on Thursday, hitting $22.46. 12,775,234 shares of the company's stock were exchanged, compared to its average volume of 1,544,939. Paycor HCM, Inc. has a 1 year low of $10.92 and a 1 year high of $23.49. The stock has a 50 day moving average price of $22.28 and a 200 day moving average price of $19.02. The firm has a market cap of $4.08 billion, a P/E ratio of -187.15, a price-to-earnings-growth ratio of 3.84 and a beta of 0.53.
Paycor HCM (NASDAQ:PYCR - Get Free Report) last announced its quarterly earnings results on Wednesday, February 5th. The company reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.11 by ($0.04). Paycor HCM had a negative net margin of 3.06% and a positive return on equity of 4.28%. Analysts forecast that Paycor HCM, Inc. will post 0.3 earnings per share for the current fiscal year.
About Paycor HCM
(
Free Report)
Paycor HCM, Inc, together with its subsidiaries, provides software-as-a-service (SaaS) human capital management (HCM) solutions for small and medium-sized businesses (SMBs) primarily in the United States. It offers cloud-native platform to address the comprehensive people management needs of SMB leaders.
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