Paycor HCM, Inc. (NASDAQ:PYCR) Shares Bought by Natixis Advisors LLC

Natixis Advisors LLC grew its position in Paycor HCM, Inc. (NASDAQ:PYCR) by 47.5% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 61,456 shares of the company’s stock after acquiring an additional 19,803 shares during the quarter. Natixis Advisors LLC’s holdings in Paycor HCM were worth $872,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Vanguard Group Inc. lifted its position in Paycor HCM by 11.5% during the first quarter. Vanguard Group Inc. now owns 6,884,980 shares of the company’s stock valued at $133,844,000 after buying an additional 710,370 shares in the last quarter. Advisors Asset Management Inc. boosted its position in Paycor HCM by 52.4% during the 1st quarter. Advisors Asset Management Inc. now owns 3,424 shares of the company’s stock worth $67,000 after purchasing an additional 1,178 shares during the period. California State Teachers Retirement System increased its holdings in Paycor HCM by 6.9% in the 1st quarter. California State Teachers Retirement System now owns 70,413 shares of the company’s stock valued at $1,369,000 after purchasing an additional 4,536 shares in the last quarter. Comerica Bank raised its position in Paycor HCM by 40.8% in the first quarter. Comerica Bank now owns 487,747 shares of the company’s stock valued at $9,482,000 after purchasing an additional 141,391 shares during the period. Finally, CWM LLC lifted its stake in shares of Paycor HCM by 950.7% during the second quarter. CWM LLC now owns 2,385 shares of the company’s stock worth $30,000 after purchasing an additional 2,158 shares in the last quarter. Hedge funds and other institutional investors own 36.76% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on PYCR. Jefferies Financial Group increased their target price on Paycor HCM from $13.00 to $15.00 and gave the company a “hold” rating in a research note on Tuesday, October 22nd. Citigroup lifted their price objective on shares of Paycor HCM from $15.00 to $16.00 and gave the company a “neutral” rating in a research note on Wednesday, September 25th. Truist Financial decreased their target price on shares of Paycor HCM from $33.00 to $20.00 and set a “buy” rating for the company in a research note on Tuesday, August 13th. The Goldman Sachs Group lifted their price target on shares of Paycor HCM from $19.00 to $21.00 and gave the stock a “neutral” rating in a research note on Tuesday. Finally, Needham & Company LLC reissued a “buy” rating and issued a $20.00 price objective on shares of Paycor HCM in a research report on Friday, November 22nd. Nine research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat, Paycor HCM currently has a consensus rating of “Hold” and a consensus price target of $19.31.

Paycor HCM Trading Up 0.7 %

Shares of NASDAQ PYCR opened at $18.13 on Thursday. The company has a market capitalization of $3.26 billion, a price-to-earnings ratio of -69.73, a price-to-earnings-growth ratio of 4.45 and a beta of 0.42. Paycor HCM, Inc. has a twelve month low of $10.92 and a twelve month high of $22.65. The business has a 50 day simple moving average of $15.06 and a 200-day simple moving average of $13.72.

Insiders Place Their Bets

In other news, Director Jeremy Rishel sold 3,723 shares of the stock in a transaction that occurred on Wednesday, October 16th. The stock was sold at an average price of $14.02, for a total transaction of $52,196.46. Following the sale, the director now directly owns 21,218 shares in the company, valued at approximately $297,476.36. This represents a 14.93 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.39% of the stock is currently owned by corporate insiders.

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.