Amundi Sells 752 Shares of Paycor HCM, Inc. (NASDAQ:PYCR)

Amundi reduced its position in Paycor HCM, Inc. (NASDAQ:PYCR) by 13.9% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 4,644 shares of the company’s stock after selling 752 shares during the period. Amundi’s holdings in Paycor HCM were worth $86,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Raymond James Financial Inc. purchased a new position in Paycor HCM during the 4th quarter valued at about $8,216,000. Charles Schwab Investment Management Inc. grew its holdings in Paycor HCM by 1.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 495,259 shares of the company’s stock valued at $9,197,000 after buying an additional 6,480 shares in the last quarter. Hardy Reed LLC purchased a new position in Paycor HCM during the 4th quarter valued at about $259,000. Handelsbanken Fonder AB grew its holdings in Paycor HCM by 25.0% during the 4th quarter. Handelsbanken Fonder AB now owns 19,000 shares of the company’s stock valued at $353,000 after buying an additional 3,800 shares in the last quarter. Finally, Ieq Capital LLC grew its holdings in Paycor HCM by 507.2% during the 4th quarter. Ieq Capital LLC now owns 102,220 shares of the company’s stock valued at $1,898,000 after buying an additional 85,385 shares in the last quarter. 36.76% of the stock is currently owned by institutional investors.

Paycor HCM Trading Up 0.0 %

PYCR opened at $22.39 on Friday. The stock has a fifty day simple moving average of $22.22 and a two-hundred day simple moving average of $18.52. The company has a market cap of $4.07 billion, a price-to-earnings ratio of -186.57, a price-to-earnings-growth ratio of 3.84 and a beta of 0.53. Paycor HCM, Inc. has a 12-month low of $10.92 and a 12-month high of $23.49.

Paycor HCM (NASDAQ:PYCR) last posted its quarterly earnings data on Wednesday, February 5th. The company reported $0.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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%. On average, analysts predict that Paycor HCM, Inc. will post 0.3 EPS for the current year.

Analysts Set New Price Targets

Several brokerages have recently commented on PYCR. Citizens Jmp lowered Paycor HCM from a “strong-buy” rating to a “hold” rating in a report on Thursday, January 9th. Needham & Company LLC lowered Paycor HCM from a “moderate buy” rating to a “hold” rating in a report on Wednesday, January 8th. Citigroup boosted their price objective on Paycor HCM from $21.00 to $22.50 and gave the stock a “neutral” rating in a report on Thursday, January 16th. TD Cowen lowered Paycor HCM from a “strong-buy” rating to a “hold” rating in a report on Monday, January 20th. Finally, JPMorgan Chase & Co. reissued an “underweight” rating and set a $22.50 price objective (up previously from $21.00) on shares of Paycor HCM in a report on Wednesday, January 22nd. One research analyst has rated the stock with a sell rating, sixteen have assigned a hold rating and two have issued a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $21.53.

About Paycor HCM

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.