1,458 Shares in Paycor HCM, Inc. (NASDAQ:PYCR) Bought by MCF Advisors LLC

MCF Advisors LLC acquired a new stake in Paycor HCM, Inc. (NASDAQ:PYCR) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 1,458 shares of the company’s stock, valued at approximately $27,000.

Other institutional investors have also recently bought and sold shares of the company. Octavia Wealth Advisors LLC boosted its holdings in shares of Paycor HCM by 38.5% in the 4th quarter. Octavia Wealth Advisors LLC now owns 14,002 shares of the company’s stock worth $260,000 after buying an additional 3,890 shares during the last quarter. Diversified Trust Co bought a new position in shares of Paycor HCM during the 4th quarter valued at approximately $273,000. Principal Financial Group Inc. purchased a new stake in shares of Paycor HCM during the 3rd quarter worth approximately $962,000. Franklin Resources Inc. lifted its stake in Paycor HCM by 2.7% in the third quarter. Franklin Resources Inc. now owns 1,734,109 shares of the company’s stock valued at $23,220,000 after purchasing an additional 46,127 shares during the last quarter. Finally, Barclays PLC lifted its stake in Paycor HCM by 50.8% in the third quarter. Barclays PLC now owns 23,991 shares of the company’s stock valued at $340,000 after purchasing an additional 8,079 shares during the last quarter. Institutional investors own 36.76% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on PYCR. Truist Financial restated a “hold” rating and issued a $22.50 target price (up from $20.00) on shares of Paycor HCM in a research note on Thursday, January 16th. Jefferies Financial Group boosted their price objective on Paycor HCM from $13.00 to $15.00 and gave the company a “hold” rating in a research note on Tuesday, October 22nd. BMO Capital Markets reaffirmed a “market perform” rating and set a $22.50 price objective (down from $24.00) on shares of Paycor HCM in a report on Wednesday, January 8th. Stephens reissued an “equal weight” rating and issued a $22.50 price target (up previously from $20.00) on shares of Paycor HCM in a research report on Friday, January 10th. Finally, Mizuho raised their price objective on shares of Paycor HCM from $20.00 to $22.50 and gave the stock a “neutral” rating in a report on Wednesday, January 8th. One analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $21.81.

Paycor HCM Trading Down 0.1 %

Shares of Paycor HCM stock opened at $22.10 on Thursday. The business’s 50-day moving average price is $19.51 and its 200-day moving average price is $15.83. The firm has a market capitalization of $3.97 billion, a PE ratio of -85.00, a price-to-earnings-growth ratio of 4.17 and a beta of 0.50. Paycor HCM, Inc. has a 12 month low of $10.92 and a 12 month high of $23.49.

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.