Corient Private Wealth LLC Has $518,000 Stock Holdings in Paycor HCM, Inc. (NASDAQ:PYCR)

Corient Private Wealth LLC lifted its holdings in Paycor HCM, Inc. (NASDAQ:PYCRFree Report) by 13.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 23,975 shares of the company’s stock after buying an additional 2,912 shares during the period. Corient Private Wealth LLC’s holdings in Paycor HCM were worth $518,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of PYCR. International Assets Investment Management LLC boosted its position in shares of Paycor HCM by 1,824.7% in the fourth quarter. International Assets Investment Management LLC now owns 3,195 shares of the company’s stock worth $69,000 after buying an additional 3,029 shares during the period. Covestor Ltd boosted its position in shares of Paycor HCM by 48.6% in the third quarter. Covestor Ltd now owns 3,589 shares of the company’s stock worth $82,000 after buying an additional 1,174 shares during the period. Handelsbanken Fonder AB acquired a new stake in shares of Paycor HCM in the fourth quarter worth $203,000. Jump Financial LLC acquired a new stake in shares of Paycor HCM in the fourth quarter worth $230,000. Finally, Wrapmanager Inc. boosted its position in shares of Paycor HCM by 18.1% in the fourth quarter. Wrapmanager Inc. now owns 11,669 shares of the company’s stock worth $252,000 after buying an additional 1,786 shares during the period. Institutional investors and hedge funds own 36.76% of the company’s stock.

Insider Transactions at Paycor HCM

In other news, insider Alice L. Geene sold 1,577 shares of Paycor HCM stock in a transaction dated Thursday, April 4th. The stock was sold at an average price of $18.39, for a total value of $29,001.03. Following the transaction, the insider now directly owns 107,581 shares in the company, valued at $1,978,414.59. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, Director Jonathan Corr sold 1,508 shares of the business’s stock in a transaction dated Thursday, April 4th. The stock was sold at an average price of $18.30, for a total transaction of $27,596.40. Following the transaction, the director now directly owns 18,480 shares in the company, valued at $338,184. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Alice L. Geene sold 1,577 shares of the business’s stock in a transaction dated Thursday, April 4th. The shares were sold at an average price of $18.39, for a total value of $29,001.03. Following the transaction, the insider now owns 107,581 shares in the company, valued at $1,978,414.59. The disclosure for this sale can be found here. 0.39% of the stock is currently owned by corporate insiders.

Paycor HCM Stock Performance

Paycor HCM stock opened at $12.25 on Friday. The business’s 50-day simple moving average is $15.90 and its 200-day simple moving average is $18.88. The firm has a market capitalization of $2.18 billion, a PE ratio of -29.88, a PEG ratio of 3.21 and a beta of 0.40. Paycor HCM, Inc. has a 52 week low of $11.66 and a 52 week high of $27.50.

Paycor HCM (NASDAQ:PYCRGet Free Report) last posted its quarterly earnings data on Wednesday, May 8th. The company reported $0.14 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.02. The business had revenue of $187.02 million for the quarter, compared to analyst estimates of $186.35 million. Paycor HCM had a positive return on equity of 2.09% and a negative net margin of 11.11%. Research analysts forecast that Paycor HCM, Inc. will post 0.19 earnings per share for the current year.

Analyst Ratings Changes

A number of analysts recently issued reports on PYCR shares. Stifel Nicolaus reduced their price objective on Paycor HCM from $25.00 to $22.00 and set a “buy” rating for the company in a research report on Thursday, May 9th. Mizuho reduced their price objective on Paycor HCM from $22.00 to $19.00 and set a “neutral” rating for the company in a research report on Thursday, May 9th. Robert W. Baird reduced their price objective on Paycor HCM from $36.00 to $27.00 and set an “outperform” rating for the company in a research report on Thursday, May 9th. Needham & Company LLC reissued a “buy” rating and set a $42.00 price objective on shares of Paycor HCM in a research report on Thursday, May 9th. Finally, BMO Capital Markets reduced their price objective on Paycor HCM from $23.00 to $20.00 and set a “market perform” rating for the company in a research report on Thursday, May 9th. Nine analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $24.44.

Check Out Our Latest Stock Report on PYCR

Paycor HCM Company Profile

(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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Institutional Ownership by Quarter for Paycor HCM (NASDAQ:PYCR)

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