Captrust Financial Advisors Purchases 4,829 Shares of Paycor HCM, Inc. (NASDAQ:PYCR)

Captrust Financial Advisors raised its position in Paycor HCM, Inc. (NASDAQ:PYCR) by 23.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 25,543 shares of the company’s stock after purchasing an additional 4,829 shares during the period. Captrust Financial Advisors’ holdings in Paycor HCM were worth $362,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. CWM LLC boosted its stake in Paycor HCM by 950.7% in the second quarter. CWM LLC now owns 2,385 shares of the company’s stock worth $30,000 after buying an additional 2,158 shares in the last quarter. International Assets Investment Management LLC boosted its position in Paycor HCM by 1,923.0% during the third quarter. International Assets Investment Management LLC now owns 2,994 shares of the company’s stock valued at $42,000 after buying an additional 2,846 shares during the period. Quarry LP bought a new position in shares of Paycor HCM during the second quarter valued at about $69,000. Covestor Ltd increased its holdings in shares of Paycor HCM by 29.4% in the third quarter. Covestor Ltd now owns 5,322 shares of the company’s stock worth $76,000 after buying an additional 1,210 shares during the period. Finally, HighMark Wealth Management LLC lifted its stake in shares of Paycor HCM by 100.0% in the 2nd quarter. HighMark Wealth Management LLC now owns 7,730 shares of the company’s stock valued at $98,000 after acquiring an additional 3,865 shares during the last quarter. Institutional investors own 36.76% of the company’s stock.

Paycor HCM Stock Down 1.3 %

Shares of PYCR stock opened at $19.98 on Friday. The business’s fifty day moving average is $16.35 and its 200 day moving average is $14.18. The stock has a market cap of $3.59 billion, a price-to-earnings ratio of -76.85, a PEG ratio of 4.70 and a beta of 0.51. Paycor HCM, Inc. has a twelve month low of $10.92 and a twelve month high of $22.65.

Insider Transactions at Paycor HCM

In related news, Director Jeremy Rishel sold 3,723 shares of the business’s stock in a transaction dated Wednesday, October 16th. The shares were sold at an average price of $14.02, for a total transaction of $52,196.46. Following the sale, the director now owns 21,218 shares of the company’s stock, valued at $297,476.36. The trade was a 14.93 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 1.39% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. TD Cowen upgraded Paycor HCM from a “hold” rating to a “buy” rating and raised their price target for the stock from $18.00 to $22.00 in a research report on Monday, December 2nd. Mizuho upped their price target on shares of Paycor HCM from $18.00 to $20.00 and gave the company a “neutral” rating in a report on Friday. Stephens started coverage on shares of Paycor HCM in a research report on Wednesday, October 16th. They set an “overweight” rating and a $18.00 price target for the company. Jefferies Financial Group boosted their price objective on shares of Paycor HCM from $13.00 to $15.00 and gave the company a “hold” rating in a research report on Tuesday, October 22nd. Finally, UBS Group dropped their target price on shares of Paycor HCM from $18.00 to $15.00 and set a “neutral” rating for the company in a report on Friday, August 16th. Seven research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $20.19.

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.