Paycor HCM, Inc. (NASDAQ:PYCR) Shares Acquired by TimesSquare Capital Management LLC

TimesSquare Capital Management LLC boosted its stake in Paycor HCM, Inc. (NASDAQ:PYCR - Free Report) by 24.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 793,261 shares of the company's stock after buying an additional 156,410 shares during the period. TimesSquare Capital Management LLC owned approximately 0.44% of Paycor HCM worth $14,731,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Stifel Financial Corp raised its holdings in Paycor HCM by 7.8% in the 3rd quarter. Stifel Financial Corp now owns 13,498 shares of the company's stock valued at $192,000 after buying an additional 981 shares during the period. Covestor Ltd grew its position in Paycor HCM by 29.4% in the 3rd quarter. Covestor Ltd now owns 5,322 shares of the company's stock valued at $76,000 after acquiring an additional 1,210 shares in the last quarter. MCF Advisors LLC acquired a new position in Paycor HCM in the 4th quarter valued at about $27,000. Raymond James & Associates grew its position in shares of Paycor HCM by 0.6% during the third quarter. Raymond James & Associates now owns 328,827 shares of the company's stock worth $4,666,000 after buying an additional 1,834 shares in the last quarter. Finally, Rhumbline Advisers grew its position in shares of Paycor HCM by 3.3% during the fourth quarter. Rhumbline Advisers now owns 79,936 shares of the company's stock worth $1,484,000 after buying an additional 2,527 shares in the last quarter. 36.76% of the stock is currently owned by hedge funds and other institutional investors.

Paycor HCM Stock Down 0.0 %

PYCR stock traded down $0.01 on Friday, reaching $22.21. 1,133,142 shares of the company's stock were exchanged, compared to its average volume of 2,063,299. The stock has a fifty day moving average of $21.27 and a 200-day moving average of $17.26. Paycor HCM, Inc. has a twelve month low of $10.92 and a twelve month high of $23.49. The firm has a market cap of $4.04 billion, a PE ratio of -185.07, a P/E/G ratio of 3.84 and a beta of 0.53.

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 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%. On average, equities research analysts predict that Paycor HCM, Inc. will post 0.3 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. Stifel Nicolaus boosted their target price on Paycor HCM from $22.00 to $25.00 and gave the stock a "buy" rating in a research note on Wednesday, December 18th. JMP Securities restated a "market perform" rating on shares of Paycor HCM in a research note on Thursday, February 6th. Stephens restated an "equal weight" rating and set a $22.50 target price (up previously from $20.00) on shares of Paycor HCM in a research note on Friday, January 10th. Baird R W cut Paycor HCM from a "strong-buy" rating to a "hold" rating in a research note on Friday, February 7th. Finally, Robert W. Baird restated a "neutral" rating and set a $22.50 target price (down previously from $28.00) on shares of Paycor HCM in a research note on Friday, February 7th. One analyst has rated the stock with a sell rating, sixteen have given a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $21.53.

Paycor HCM Company 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.