Paycor HCM, Inc. (NASDAQ:PYCR) Shares Acquired by Vanguard Group Inc.

Vanguard Group Inc. grew its stake in shares of Paycor HCM, Inc. (NASDAQ:PYCR - Free Report) by 4.5% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,474,111 shares of the company's stock after purchasing an additional 237,398 shares during the quarter. Vanguard Group Inc. owned about 3.09% of Paycor HCM worth $124,974,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the stock. Deutsche Bank AG acquired a new position in shares of Paycor HCM in the first quarter valued at $36,000. Advisors Asset Management Inc. grew its stake in shares of Paycor HCM by 109.5% in the third quarter. Advisors Asset Management Inc. now owns 1,808 shares of the company's stock valued at $41,000 after acquiring an additional 945 shares in the last quarter. State of Wyoming grew its stake in shares of Paycor HCM by 67.3% in the second quarter. State of Wyoming now owns 2,046 shares of the company's stock valued at $48,000 after acquiring an additional 823 shares in the last quarter. Tower Research Capital LLC TRC grew its stake in shares of Paycor HCM by 210.4% in the second quarter. Tower Research Capital LLC TRC now owns 2,083 shares of the company's stock valued at $49,000 after acquiring an additional 1,412 shares in the last quarter. Finally, MetLife Investment Management LLC grew its stake in shares of Paycor HCM by 70.7% in the second quarter. MetLife Investment Management LLC now owns 2,147 shares of the company's stock valued at $51,000 after acquiring an additional 889 shares in the last quarter. Institutional investors and hedge funds own 36.76% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on PYCR shares. BTIG Research started coverage on shares of Paycor HCM in a research note on Tuesday, February 6th. They issued a "buy" rating and a $26.00 price target on the stock. Jefferies Financial Group restated a "hold" rating and issued a $22.00 price target (down from $27.00) on shares of Paycor HCM in a research note on Friday, January 5th. Finally, Needham & Company LLC restated a "buy" rating and issued a $42.00 price target on shares of Paycor HCM in a research note on Monday, March 18th. Nine equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $27.35.

Insider Buying and Selling at Paycor HCM

In other Paycor HCM news, insider Alice L. Geene sold 1,428 shares of the stock in a transaction that occurred on Friday, January 19th. The shares were sold at an average price of $20.15, for a total transaction of $28,774.20. Following the completion of the sale, the insider now owns 111,543 shares of the company's stock, valued at approximately $2,247,591.45. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, Director Jonathan Corr sold 1,508 shares of the firm's stock in a transaction that occurred on Tuesday, January 16th. The shares were sold at an average price of $19.66, for a total transaction of $29,647.28. Following the completion of the sale, the director now owns 19,988 shares of the company's stock, valued at approximately $392,964.08. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Alice L. Geene sold 1,428 shares of the firm's stock in a transaction that occurred on Friday, January 19th. The stock was sold at an average price of $20.15, for a total transaction of $28,774.20. Following the sale, the insider now directly owns 111,543 shares of the company's stock, valued at approximately $2,247,591.45. The disclosure for this sale can be found here. Insiders own 0.90% of the company's stock.

Paycor HCM Stock Performance

Shares of Paycor HCM stock traded down $0.25 on Wednesday, hitting $18.00. The stock had a trading volume of 1,251,456 shares, compared to its average volume of 710,488. The stock has a 50 day moving average of $19.94 and a 200 day moving average of $20.93. Paycor HCM, Inc. has a twelve month low of $17.13 and a twelve month high of $27.50. The firm has a market capitalization of $3.20 billion, a P/E ratio of -37.50, a PEG ratio of 6.30 and a beta of 0.50.

Paycor HCM (NASDAQ:PYCR - Get Free Report) last released its quarterly earnings data on Wednesday, February 7th. The company reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by ($0.01). Paycor HCM had a negative net margin of 13.82% and a positive return on equity of 1.28%. The firm had revenue of $159.54 million during the quarter, compared to analyst estimates of $155.49 million. Equities analysts expect that Paycor HCM, Inc. will post 0.15 earnings per share for the current year.

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.