Captrust Financial Advisors Acquires 8,388 Shares of Paycor HCM, Inc. (NASDAQ:PYCR)

Captrust Financial Advisors boosted its position in Paycor HCM, Inc. (NASDAQ:PYCR) by 32.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 33,931 shares of the company’s stock after acquiring an additional 8,388 shares during the quarter. Captrust Financial Advisors’ holdings in Paycor HCM were worth $630,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in PYCR. MCF Advisors LLC bought a new position in Paycor HCM in the fourth quarter valued at approximately $27,000. Tower Research Capital LLC TRC increased its stake in Paycor HCM by 273.6% in the fourth quarter. Tower Research Capital LLC TRC now owns 3,164 shares of the company’s stock valued at $59,000 after acquiring an additional 2,317 shares during the last quarter. Blue Trust Inc. increased its stake in Paycor HCM by 869.3% in the fourth quarter. Blue Trust Inc. now owns 3,441 shares of the company’s stock valued at $64,000 after acquiring an additional 3,086 shares during the last quarter. Sterling Capital Management LLC increased its stake in Paycor HCM by 71.4% in the fourth quarter. Sterling Capital Management LLC now owns 4,502 shares of the company’s stock valued at $84,000 after acquiring an additional 1,875 shares during the last quarter. Finally, HighTower Advisors LLC bought a new position in Paycor HCM in the fourth quarter valued at approximately $190,000. 36.76% of the stock is owned by institutional investors.

Paycor HCM Price Performance

Shares of Paycor HCM stock opened at $22.49 on Friday. Paycor HCM, Inc. has a twelve month low of $10.92 and a twelve month high of $23.49. The stock has a market cap of $4.09 billion, a price-to-earnings ratio of -187.40, a P/E/G ratio of 3.84 and a beta of 0.50. The company’s fifty day moving average is $22.46 and its 200 day moving average is $20.97.

Analyst Ratings Changes

PYCR has been the topic of a number of recent analyst reports. Baird R W cut shares of Paycor HCM from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 7th. Robert W. Baird reissued a “neutral” rating and issued a $22.50 price objective (down from $28.00) on shares of Paycor HCM in a research note on Friday, February 7th. JMP Securities reissued a “market perform” rating on shares of Paycor HCM in a research note on Thursday, February 6th. TD Cowen cut shares of Paycor HCM from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 20th. Finally, JPMorgan Chase & Co. reaffirmed an “underweight” rating and set a $22.50 target price (up previously from $21.00) on shares of Paycor HCM in a research note on Wednesday, January 22nd. One research analyst has rated the stock with a sell rating, fifteen have issued a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $21.70.

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.