Quest Partners LLC Has $58,000 Stock Holdings in Paycor HCM, Inc. (NASDAQ:PYCR)

Quest Partners LLC reduced its stake in shares of Paycor HCM, Inc. (NASDAQ:PYCR) by 88.6% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 4,104 shares of the company’s stock after selling 31,788 shares during the period. Quest Partners LLC’s holdings in Paycor HCM were worth $58,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of PYCR. Advisors Asset Management Inc. raised its holdings in shares of Paycor HCM by 52.4% during the first quarter. Advisors Asset Management Inc. now owns 3,424 shares of the company’s stock worth $67,000 after acquiring an additional 1,178 shares during the period. Covestor Ltd raised its stake in shares of Paycor HCM by 29.4% in the 3rd quarter. Covestor Ltd now owns 5,322 shares of the company’s stock valued at $76,000 after purchasing an additional 1,210 shares during the period. Rhumbline Advisers raised its stake in shares of Paycor HCM by 2.3% in the 2nd quarter. Rhumbline Advisers now owns 67,959 shares of the company’s stock valued at $863,000 after purchasing an additional 1,560 shares during the period. Fiera Capital Corp lifted its holdings in shares of Paycor HCM by 0.9% in the second quarter. Fiera Capital Corp now owns 190,677 shares of the company’s stock valued at $2,422,000 after purchasing an additional 1,629 shares in the last quarter. Finally, Raymond James & Associates boosted its position in shares of Paycor HCM by 0.6% during the third quarter. Raymond James & Associates now owns 328,827 shares of the company’s stock worth $4,666,000 after buying an additional 1,834 shares during the period. Institutional investors own 36.76% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the company. Citigroup boosted their target price on Paycor HCM from $15.00 to $16.00 and gave the company a “neutral” rating in a research note on Wednesday, September 25th. BMO Capital Markets boosted their price objective on shares of Paycor HCM from $15.00 to $19.00 and gave the stock a “market perform” rating in a research report on Thursday, November 7th. Stifel Nicolaus decreased their target price on shares of Paycor HCM from $22.00 to $19.00 and set a “buy” rating for the company in a research report on Thursday, August 15th. BTIG Research cut their price target on shares of Paycor HCM from $26.00 to $20.00 and set a “buy” rating on the stock in a research report on Thursday, August 15th. Finally, Stephens assumed coverage on Paycor HCM in a report on Wednesday, October 16th. They issued an “overweight” rating and a $18.00 price objective for the company. Nine equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat.com, Paycor HCM has an average rating of “Hold” and a consensus price target of $19.31.

Paycor HCM Price Performance

PYCR stock opened at $18.06 on Friday. Paycor HCM, Inc. has a one year low of $10.92 and a one year high of $22.65. The stock has a market cap of $3.24 billion, a price-to-earnings ratio of -69.46, a price-to-earnings-growth ratio of 4.44 and a beta of 0.42. The company has a fifty day moving average price of $15.30 and a two-hundred day moving average price of $13.80.

Insider Transactions at Paycor HCM

In other Paycor HCM news, Director Jeremy Rishel sold 3,723 shares of the stock in a transaction dated Wednesday, October 16th. The shares were sold at an average price of $14.02, for a total value of $52,196.46. Following the transaction, the director now directly owns 21,218 shares of the company’s stock, valued at $297,476.36. This represents a 14.93 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 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.