Paycor HCM (NASDAQ:PYCR – Free Report) had its price target cut by JPMorgan Chase & Co. from $19.00 to $17.00 in a report issued on Thursday, Benzinga reports. They currently have a neutral rating on the stock.
A number of other research analysts have also recently weighed in on the stock. Jefferies Financial Group cut their price objective on shares of Paycor HCM from $14.00 to $11.00 and set a hold rating for the company in a report on Monday, June 24th. Deutsche Bank Aktiengesellschaft reduced their price target on Paycor HCM from $21.00 to $19.00 and set a hold rating for the company in a report on Thursday, May 9th. BMO Capital Markets reissued a market perform rating and issued a $20.00 price objective on shares of Paycor HCM in a report on Tuesday, June 11th. BTIG Research cut their price objective on Paycor HCM from $26.00 to $20.00 and set a buy rating for the company in a research report on Thursday. Finally, Needham & Company LLC decreased their target price on Paycor HCM from $42.00 to $20.00 and set a buy rating on the stock in a research report on Thursday. Eight analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of Hold and a consensus target price of $19.27.
Check Out Our Latest Research Report on PYCR
Paycor HCM Price Performance
Institutional Trading of Paycor HCM
Several large investors have recently bought and sold shares of PYCR. CWM LLC lifted its position in Paycor HCM by 950.7% during the second quarter. CWM LLC now owns 2,385 shares of the company’s stock worth $30,000 after buying an additional 2,158 shares in the last quarter. Advisors Asset Management Inc. grew its holdings 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 period. International Assets Investment Management LLC grew its holdings in shares of Paycor HCM by 1,824.7% in the fourth quarter. International Assets Investment Management LLC now owns 3,195 shares of the company’s stock valued at $69,000 after purchasing an additional 3,029 shares during the period. Quarry LP acquired a new stake in Paycor HCM during the second quarter worth about $69,000. Finally, HighMark Wealth Management LLC raised its stake in 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. Hedge funds and other 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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