TD Asset Management Inc trimmed its holdings in Paycor HCM, Inc. (NASDAQ:PYCR – Get Rating) by 14.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 78,676 shares of the company’s stock after selling 13,216 shares during the quarter. TD Asset Management Inc’s holdings in Paycor HCM were worth $1,925,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Penserra Capital Management LLC acquired a new position in shares of Paycor HCM in the 3rd quarter valued at about $489,000. Neuberger Berman Group LLC raised its stake in Paycor HCM by 6.5% during the 3rd quarter. Neuberger Berman Group LLC now owns 2,908,581 shares of the company’s stock worth $85,977,000 after buying an additional 178,424 shares during the period. Cubist Systematic Strategies LLC raised its stake in Paycor HCM by 325.7% during the 3rd quarter. Cubist Systematic Strategies LLC now owns 91,878 shares of the company’s stock worth $2,716,000 after buying an additional 70,297 shares during the period. Natixis Advisors L.P. raised its stake in Paycor HCM by 31.1% during the 4th quarter. Natixis Advisors L.P. now owns 33,732 shares of the company’s stock worth $825,000 after buying an additional 8,004 shares during the period. Finally, New York State Common Retirement Fund raised its stake in Paycor HCM by 4.1% during the 4th quarter. New York State Common Retirement Fund now owns 344,197 shares of the company’s stock worth $8,423,000 after buying an additional 13,579 shares during the period. 32.26% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling
In related news, insider Alice L. Geene sold 1,267 shares of the stock in a transaction on Tuesday, April 25th. The stock was sold at an average price of $23.92, for a total value of $30,306.64. Following the sale, the insider now owns 55,441 shares in the company, valued at $1,326,148.72. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other Paycor HCM news, Director Jonathan Corr sold 1,509 shares of the firm’s stock in a transaction dated Tuesday, April 4th. The stock was sold at an average price of $24.81, for a total transaction of $37,438.29. Following the sale, the director now owns 22,817 shares in the company, valued at $566,089.77. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Alice L. Geene sold 1,267 shares of the firm’s stock in a transaction dated Tuesday, April 25th. The shares were sold at an average price of $23.92, for a total value of $30,306.64. Following the sale, the insider now owns 55,441 shares in the company, valued at approximately $1,326,148.72. The disclosure for this sale can be found here. 0.39% of the stock is currently owned by company insiders.
Analyst Ratings Changes
Paycor HCM Stock Up 1.7 %
Paycor HCM stock opened at $22.68 on Tuesday. Paycor HCM, Inc. has a one year low of $20.14 and a one year high of $34.95. The business has a fifty day moving average price of $24.24 and a 200-day moving average price of $25.47.
Paycor HCM (NASDAQ:PYCR – Get Rating) last issued its quarterly earnings data on Wednesday, February 8th. The company reported ($0.01) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.01). Paycor HCM had a negative return on equity of 0.52% and a negative net margin of 20.02%. The company had revenue of $132.86 million for the quarter, compared to the consensus estimate of $127.40 million. On average, research analysts predict that Paycor HCM, Inc. will post -0.01 EPS for the current fiscal year.
About Paycor HCM
Paycor HCM, Inc, through 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. The company's SaaS based people management products include Cor HCM, a complete suite of HCM tools spanning HR, onboarding, payroll, compensation management, employee surveys, expenses, and reporting and analytics; Workforce Management, a solution with flexible time entry, overtime calculations, and scheduling capabilities with real-time payroll synchronization; Benefits Administration, a decision support solution to help leaders to streamline and optimize company's benefits administration; and Talent Management, an integrated compensation and performance management solution.
Further Reading
- Get a free copy of the StockNews.com research report on Paycor HCM (PYCR)
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