Fiera Capital Corp Has $2.42 Million Stock Holdings in Paycor HCM, Inc. (NASDAQ:PYCR)

Fiera Capital Corp raised its stake in Paycor HCM, Inc. (NASDAQ:PYCR) by 0.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 190,677 shares of the company’s stock after purchasing an additional 1,629 shares during the period. Fiera Capital Corp owned 0.11% of Paycor HCM worth $2,422,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. CWM LLC boosted its holdings in shares of Paycor HCM by 950.7% during the 2nd quarter. CWM LLC now owns 2,385 shares of the company’s stock worth $30,000 after buying an additional 2,158 shares during the period. Advisors Asset Management Inc. grew its position in shares of Paycor HCM by 52.4% in the first quarter. Advisors Asset Management Inc. now owns 3,424 shares of the company’s stock valued at $67,000 after purchasing an additional 1,178 shares during the last quarter. HighMark Wealth Management LLC increased its stake in shares of Paycor HCM by 100.0% during the second quarter. HighMark Wealth Management LLC now owns 7,730 shares of the company’s stock worth $98,000 after purchasing an additional 3,865 shares during the period. nVerses Capital LLC acquired a new stake in Paycor HCM during the 2nd quarter worth approximately $123,000. Finally, Archford Capital Strategies LLC bought a new stake in Paycor HCM in the 1st quarter valued at $206,000. 36.76% of the stock is owned by institutional investors.

Paycor HCM Trading Up 0.2 %

Shares of NASDAQ PYCR opened at $14.07 on Thursday. The stock has a 50-day moving average price of $13.04 and a two-hundred day moving average price of $15.35. Paycor HCM, Inc. has a 12 month low of $10.92 and a 12 month high of $25.48. The company has a market cap of $2.52 billion, a price-to-earnings ratio of -34.32, a PEG ratio of 4.38 and a beta of 0.43.

Paycor HCM (NASDAQ:PYCR) last issued its earnings results on Wednesday, August 14th. The company reported $0.11 earnings per share for the quarter, beating analysts’ consensus estimates of $0.09 by $0.02. The firm had revenue of $164.80 million for the quarter, compared to analyst estimates of $161.14 million. Paycor HCM had a negative net margin of 9.00% and a positive return on equity of 2.98%. The company’s quarterly revenue was up 17.7% on a year-over-year basis. During the same quarter last year, the business posted ($0.01) earnings per share. On average, sell-side analysts predict that Paycor HCM, Inc. will post 0.25 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on PYCR shares. JPMorgan Chase & Co. dropped their target price on Paycor HCM from $19.00 to $17.00 and set a “neutral” rating for the company in a report on Thursday, August 15th. UBS Group cut their price objective on shares of Paycor HCM from $18.00 to $15.00 and set a “neutral” rating for the company in a report on Friday, August 16th. Truist Financial lowered their target price on shares of Paycor HCM from $33.00 to $20.00 and set a “buy” rating on the stock in a report on Tuesday, August 13th. Stifel Nicolaus cut their price target on Paycor HCM from $22.00 to $19.00 and set a “buy” rating for the company in a research note on Thursday, August 15th. Finally, BTIG Research lowered their price objective on Paycor HCM from $26.00 to $20.00 and set a “buy” rating on the stock in a research note on Thursday, August 15th. Eight investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat, Paycor HCM presently has a consensus rating of “Hold” and an average target price of $19.27.

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.