Trexquant Investment LP trimmed its holdings in Paycor HCM, Inc. (NASDAQ:PYCR - Free Report) by 67.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 141,593 shares of the company's stock after selling 296,226 shares during the quarter. Trexquant Investment LP owned about 0.08% of Paycor HCM worth $2,629,000 at the end of the most recent reporting period.
Other large investors have also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. grew its stake 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 worth $6,936,000 after purchasing an additional 108,602 shares in the last quarter. FMR LLC grew its position 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 increased its stake 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 period. Captrust Financial Advisors raised its stake in shares of Paycor HCM by 23.3% in the 3rd quarter. Captrust Financial Advisors now owns 25,543 shares of the company's stock worth $362,000 after buying an additional 4,829 shares in the last quarter. Finally, Point72 Asset Management L.P. boosted its stake in Paycor HCM by 336.3% during the third quarter. Point72 Asset Management L.P. now owns 192,401 shares of the company's stock valued at $2,730,000 after buying an additional 148,301 shares in the last quarter. 36.76% of the stock is currently owned by institutional investors and hedge funds.
Paycor HCM Stock Up 0.2 %
Shares of NASDAQ:PYCR traded up $0.04 during trading on Friday, reaching $22.49. The stock had a trading volume of 5,166,827 shares, compared to its average volume of 1,629,135. The stock has a fifty day simple moving average of $22.33 and a two-hundred day simple moving average of $19.49. Paycor HCM, Inc. has a 52 week low of $10.92 and a 52 week high of $23.49. The firm has a market capitalization of $4.09 billion, a price-to-earnings ratio of -187.40, a P/E/G ratio of 3.84 and a beta of 0.50.
Paycor HCM (NASDAQ:PYCR - Get Free Report) last posted its earnings results 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 negative net margin of 3.06% and a positive return on equity of 4.28%. On average, analysts forecast that Paycor HCM, Inc. will post 0.3 EPS for the current year.
Analyst Ratings Changes
Several equities analysts have recently weighed in on PYCR shares. Baird R W lowered shares of Paycor HCM from a "strong-buy" rating to a "hold" rating in a research report on Friday, February 7th. Stephens reaffirmed an "equal weight" rating and issued a $22.50 price target (up previously from $20.00) on shares of Paycor HCM in a report on Friday, January 10th. JMP Securities reissued a "market perform" rating on shares of Paycor HCM in a research note on Thursday, February 6th. Citigroup upped their target price on Paycor HCM from $21.00 to $22.50 and gave the company a "neutral" rating in a report on Thursday, January 16th. Finally, Mizuho upped their price target on shares of Paycor HCM from $20.00 to $22.50 and gave the stock a "neutral" rating in a research note on Wednesday, January 8th. One research analyst has rated the stock with a sell rating, sixteen have given a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, Paycor HCM has an average rating of "Hold" and a consensus target price of $21.53.
Check Out Our Latest Stock Report on PYCR
Paycor HCM Profile
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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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