Fox Run Management L.L.C. Makes New Investment in Paycor HCM, Inc. (NASDAQ:PYCR)

Fox Run Management L.L.C. acquired a new stake in shares of Paycor HCM, Inc. (NASDAQ:PYCR) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 16,261 shares of the company’s stock, valued at approximately $302,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. MCF Advisors LLC acquired a new position in Paycor HCM during the 4th quarter valued at about $27,000. Blue Trust Inc. boosted its position in shares of Paycor HCM by 869.3% during the fourth quarter. Blue Trust Inc. now owns 3,441 shares of the company’s stock valued at $64,000 after buying an additional 3,086 shares during the last quarter. FMR LLC grew its holdings in Paycor HCM by 93.9% during the third quarter. FMR LLC now owns 9,918 shares of the company’s stock worth $141,000 after buying an additional 4,804 shares in the last quarter. HighTower Advisors LLC purchased a new stake in Paycor HCM in the 4th quarter valued at $190,000. Finally, Stifel Financial Corp raised its position in Paycor HCM by 7.8% in the 3rd quarter. Stifel Financial Corp now owns 13,498 shares of the company’s stock valued at $192,000 after buying an additional 981 shares during the last quarter. 36.76% of the stock is owned by institutional investors.

Paycor HCM Stock Up 0.0 %

NASDAQ PYCR opened at $22.45 on Friday. The firm has a market cap of $4.08 billion, a P/E ratio of -187.07, a price-to-earnings-growth ratio of 3.84 and a beta of 0.53. The company’s 50 day moving average is $22.25 and its 200-day moving average is $18.73. Paycor HCM, Inc. has a 12-month low of $10.92 and a 12-month high of $23.49.

Paycor HCM (NASDAQ:PYCR) last issued its earnings results 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 negative net margin of 3.06% and a positive return on equity of 4.28%. Equities analysts expect that Paycor HCM, Inc. will post 0.3 EPS for the current year.

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. Stifel Nicolaus upped their target price on shares of Paycor HCM from $22.00 to $25.00 and gave the stock a “buy” rating in a research note on Wednesday, December 18th. BMO Capital Markets reaffirmed a “market perform” rating and issued a $22.50 price objective (down from $24.00) on shares of Paycor HCM in a research report on Wednesday, January 8th. Truist Financial reiterated a “hold” rating and issued a $22.50 price objective (up previously from $20.00) on shares of Paycor HCM in a research note on Thursday, January 16th. JMP Securities restated a “market perform” rating on shares of Paycor HCM in a research note on Thursday, February 6th. Finally, JPMorgan Chase & Co. reaffirmed an “underweight” rating and set a $22.50 price target (up from $21.00) on shares of Paycor HCM in a research report on Wednesday, January 22nd. One analyst has rated the stock with a sell rating, sixteen have given a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, Paycor HCM currently has a consensus rating of “Hold” and an average price target of $21.53.

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.