127,910 Shares in Paycor HCM, Inc. (NASDAQ:PYCR) Acquired by Hel Ved Capital Management Ltd

Hel Ved Capital Management Ltd acquired a new position in shares of Paycor HCM, Inc. (NASDAQ:PYCR - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 127,910 shares of the company's stock, valued at approximately $2,375,000. Hel Ved Capital Management Ltd owned 0.07% of Paycor HCM at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. MCF Advisors LLC acquired a new position in Paycor HCM in the 4th quarter valued at $27,000. Blue Trust Inc. lifted its position in shares of Paycor HCM by 869.3% during the fourth quarter. Blue Trust Inc. now owns 3,441 shares of the company's stock worth $64,000 after purchasing an additional 3,086 shares in the last quarter. FMR LLC increased its holdings in Paycor HCM by 93.9% during the 3rd quarter. FMR LLC now owns 9,918 shares of the company's stock worth $141,000 after purchasing an additional 4,804 shares during the period. HighTower Advisors LLC purchased a new stake in shares of Paycor HCM in the 4th quarter valued at approximately $190,000. Finally, Stifel Financial Corp boosted its position in shares of Paycor HCM by 7.8% during the 3rd quarter. Stifel Financial Corp now owns 13,498 shares of the company's stock worth $192,000 after acquiring an additional 981 shares in the last quarter. Institutional investors and hedge funds own 36.76% of the company's stock.

Paycor HCM Trading Down 0.2 %

PYCR stock traded down $0.04 during trading on Thursday, reaching $22.46. The stock had a trading volume of 1,430,146 shares, compared to its average volume of 1,602,883. Paycor HCM, Inc. has a 1-year low of $10.92 and a 1-year high of $23.49. The firm has a fifty day moving average price of $22.32 and a 200 day moving average price of $19.38. The company has a market capitalization of $4.08 billion, a P/E ratio of -187.11, a PEG ratio of 3.84 and a beta of 0.50.

Paycor HCM (NASDAQ:PYCR - Get Free Report) last issued its earnings results on Wednesday, February 5th. The company reported $0.07 EPS for the quarter, missing the consensus estimate 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%. Sell-side analysts predict that Paycor HCM, Inc. will post 0.3 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on PYCR. TD Cowen cut Paycor HCM from a "strong-buy" rating to a "hold" rating in a research note on Monday, January 20th. Citizens Jmp cut shares of Paycor HCM from a "strong-buy" rating to a "hold" rating in a research note on Thursday, January 9th. JPMorgan Chase & Co. restated an "underweight" rating and issued a $22.50 target price (up previously from $21.00) on shares of Paycor HCM in a research note on Wednesday, January 22nd. Raymond James downgraded shares of Paycor HCM from a "moderate buy" rating to a "hold" rating in a research report on Monday, January 13th. Finally, Robert W. Baird reiterated a "neutral" rating and set a $22.50 target price (down previously from $28.00) on shares of Paycor HCM in a research report on Friday, February 7th. One equities research 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. Based on data from MarketBeat.com, the stock presently 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.