Paycor HCM (NASDAQ:PYCR – Free Report) had its price target reduced by Truist Financial from $33.00 to $20.00 in a research report released on Tuesday, Benzinga reports. They currently have a buy rating on the stock.
Several other analysts have also weighed in on the stock. Jefferies Financial Group lowered their price objective on shares of Paycor HCM from $14.00 to $11.00 and set a hold rating for the company in a research note on Monday, June 24th. Stifel Nicolaus lowered their price objective on shares of Paycor HCM from $25.00 to $22.00 and set a buy rating for the company in a research note on Thursday, May 9th. JMP Securities decreased their price target on shares of Paycor HCM from $32.00 to $30.00 and set a market outperform rating for the company in a research note on Thursday, May 9th. The Goldman Sachs Group decreased their price target on shares of Paycor HCM from $22.00 to $19.00 and set a neutral rating for the company in a research note on Monday, May 13th. Finally, Robert W. Baird decreased their price target on shares of Paycor HCM from $36.00 to $27.00 and set an outperform rating for the company in a research note on Thursday, May 9th. Nine research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat.com, Paycor HCM has an average rating of Hold and an average target price of $19.44.
Read Our Latest Stock Report on PYCR
Paycor HCM Stock Up 0.7 %
Institutional Trading of Paycor HCM
Institutional investors have recently made changes to their positions in the company. CWM LLC grew its stake in shares of Paycor HCM by 950.7% in the 2nd quarter. CWM LLC now owns 2,385 shares of the company’s stock worth $30,000 after acquiring an additional 2,158 shares in the last quarter. International Assets Investment Management LLC boosted its holdings in shares of Paycor HCM by 1,824.7% in the 4th quarter. International Assets Investment Management LLC now owns 3,195 shares of the company’s stock worth $69,000 after buying an additional 3,029 shares during the last quarter. Advisors Asset Management Inc. boosted its holdings in shares of Paycor HCM by 52.4% in the 1st quarter. Advisors Asset Management Inc. now owns 3,424 shares of the company’s stock worth $67,000 after buying an additional 1,178 shares during the last quarter. Quarry LP purchased a new position in shares of Paycor HCM in the 2nd quarter worth about $69,000. Finally, HighMark Wealth Management LLC boosted its holdings in shares of Paycor HCM by 100.0% in the 2nd quarter. HighMark Wealth Management LLC now owns 7,730 shares of the company’s stock worth $98,000 after buying an additional 3,865 shares during the last quarter. Institutional investors own 36.76% of the company’s stock.
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.
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