Prevail Innovative Wealth Advisors LLC Has $1.92 Million Stock Position in Paycor HCM, Inc. (NASDAQ:PYCR)

Prevail Innovative Wealth Advisors LLC reduced its stake in shares of Paycor HCM, Inc. (NASDAQ:PYCR - Free Report) by 12.9% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 103,613 shares of the company's stock after selling 15,385 shares during the period. Prevail Innovative Wealth Advisors LLC owned 0.06% of Paycor HCM worth $1,924,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of PYCR. Charles Schwab Investment Management Inc. increased its stake in shares of Paycor HCM by 28.6% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 488,779 shares of the company's stock worth $6,936,000 after purchasing an additional 108,602 shares during the last quarter. Dynamic Technology Lab Private Ltd acquired a new position in Paycor HCM during the third quarter worth $331,000. FMR LLC raised its holdings in Paycor HCM by 93.9% during the third 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 lifted its position in shares of Paycor HCM by 16.4% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 243,115 shares of the company's stock worth $3,450,000 after buying an additional 34,336 shares during the last quarter. Finally, Rockefeller Capital Management L.P. boosted its stake in shares of 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 worth $16,478,000 after acquiring an additional 86,745 shares in the last quarter. 36.76% of the stock is owned by institutional investors and hedge funds.

Paycor HCM Trading Down 0.0 %

Shares of NASDAQ:PYCR traded down $0.01 during trading on Thursday, hitting $22.49. 880,023 shares of the company were exchanged, compared to its average volume of 1,496,613. Paycor HCM, Inc. has a fifty-two week low of $10.92 and a fifty-two week high of $23.85. The stock has a market cap of $4.09 billion, a price-to-earnings ratio of -187.40, a P/E/G ratio of 3.84 and a beta of 0.53. The firm has a fifty day moving average price of $22.28 and a two-hundred day moving average price of $19.00.

Paycor HCM (NASDAQ:PYCR - Get Free Report) last announced its quarterly earnings data on Wednesday, February 5th. The company reported $0.07 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.11 by ($0.04). Paycor HCM had a positive return on equity of 4.28% and a negative net margin of 3.06%. As a group, research analysts predict that Paycor HCM, Inc. will post 0.3 EPS for the current year.

Wall Street Analyst Weigh In

PYCR has been the subject of several analyst reports. Raymond James lowered Paycor HCM from a "moderate buy" rating to a "hold" rating in a report on Monday, January 13th. Citizens Jmp downgraded shares of Paycor HCM from a "strong-buy" rating to a "hold" rating in a report on Thursday, January 9th. Citigroup lifted their target price on shares of Paycor HCM from $21.00 to $22.50 and gave the stock a "neutral" rating in a report on Thursday, January 16th. BMO Capital Markets reissued a "market perform" rating and set a $22.50 target price (down previously from $24.00) on shares of Paycor HCM in a research report on Wednesday, January 8th. Finally, Truist Financial reissued a "hold" rating and set a $22.50 price objective (up previously from $20.00) on shares of Paycor HCM in a research report on Thursday, January 16th. One analyst has rated the stock with a sell rating, sixteen have assigned a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $21.53.

Paycor HCM Profile

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.