Virtu Financial LLC Invests $270,000 in Paycor HCM, Inc. (NASDAQ:PYCR)

Virtu Financial LLC bought a new position in Paycor HCM, Inc. (NASDAQ:PYCR) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 12,490 shares of the company’s stock, valued at approximately $270,000.

Several other large investors have also recently modified their holdings of the business. Mariner LLC grew its stake in Paycor HCM by 1.8% during the third quarter. Mariner LLC now owns 40,794 shares of the company’s stock valued at $931,000 after acquiring an additional 730 shares in the last quarter. Covestor Ltd grew its stake in Paycor HCM by 48.6% during the third quarter. Covestor Ltd now owns 3,589 shares of the company’s stock valued at $82,000 after acquiring an additional 1,174 shares in the last quarter. PNC Financial Services Group Inc. grew its stake in Paycor HCM by 12.6% during the fourth quarter. PNC Financial Services Group Inc. now owns 13,695 shares of the company’s stock valued at $296,000 after acquiring an additional 1,536 shares in the last quarter. Natixis Advisors L.P. grew its stake in Paycor HCM by 4.1% during the third quarter. Natixis Advisors L.P. now owns 38,875 shares of the company’s stock valued at $888,000 after acquiring an additional 1,537 shares in the last quarter. Finally, Wrapmanager Inc. grew its stake in Paycor HCM by 18.1% during the fourth quarter. Wrapmanager Inc. now owns 11,669 shares of the company’s stock valued at $252,000 after acquiring an additional 1,786 shares in the last quarter. Hedge funds and other institutional investors own 36.76% of the company’s stock.

Paycor HCM Price Performance

NASDAQ:PYCR opened at $11.99 on Friday. Paycor HCM, Inc. has a 1-year low of $10.92 and a 1-year high of $27.50. The firm’s 50-day moving average price is $14.56 and its 200-day moving average price is $18.25. The company has a market capitalization of $2.14 billion, a PE ratio of -28.61, a P/E/G ratio of 3.00 and a beta of 0.40.

Paycor HCM (NASDAQ:PYCR) last announced its quarterly earnings data on Wednesday, May 8th. The company reported $0.14 EPS for the quarter, beating the consensus estimate of $0.12 by $0.02. Paycor HCM had a negative net margin of 11.11% and a positive return on equity of 2.09%. The company had revenue of $187.02 million for the quarter, compared to the consensus estimate of $186.35 million. Equities analysts anticipate that Paycor HCM, Inc. will post 0.19 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on PYCR shares. Deutsche Bank Aktiengesellschaft cut their price target on shares of Paycor HCM from $21.00 to $19.00 and set a “hold” rating for the company in a research note on Thursday, May 9th. Stifel Nicolaus cut their price target on shares of Paycor HCM from $25.00 to $22.00 and set a “buy” rating for the company in a research note on Thursday, May 9th. BMO Capital Markets reissued a “market perform” rating and issued a $20.00 price target on shares of Paycor HCM in a research note on Tuesday, June 11th. Robert W. Baird cut their price target on shares of Paycor HCM from $36.00 to $27.00 and set an “outperform” rating for the company in a research note on Thursday, May 9th. Finally, Mizuho cut their price target on shares of Paycor HCM from $22.00 to $19.00 and set a “neutral” rating for the company in a research note on Thursday, May 9th. Nine equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $24.25.

Insider Buying and Selling at Paycor HCM

In other Paycor HCM news, insider Alice L. Geene sold 1,577 shares of the company’s stock in a transaction dated Thursday, April 4th. The shares were sold at an average price of $18.39, for a total transaction of $29,001.03. Following the transaction, the insider now owns 107,581 shares in the company, valued at approximately $1,978,414.59. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In other Paycor HCM news, Director Jonathan Corr sold 1,508 shares of the company’s stock in a transaction dated Thursday, April 4th. The shares were sold at an average price of $18.30, for a total transaction of $27,596.40. Following the transaction, the director now owns 18,480 shares in the company, valued at approximately $338,184. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Alice L. Geene sold 1,577 shares of the company’s stock in a transaction dated Thursday, April 4th. The shares were sold at an average price of $18.39, for a total transaction of $29,001.03. Following the transaction, the insider now owns 107,581 shares in the company, valued at approximately $1,978,414.59. The disclosure for this sale can be found here. Company insiders own 0.39% of the company’s stock.

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.