Hilltop National Bank Sells 478 Shares of Paycor HCM, Inc. (NASDAQ:PYCR)

Hilltop National Bank lessened its holdings in shares of Paycor HCM, Inc. (NASDAQ:PYCR) by 10.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,085 shares of the company’s stock after selling 478 shares during the quarter. Hilltop National Bank’s holdings in Paycor HCM were worth $76,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. International Assets Investment Management LLC raised its holdings in shares of Paycor HCM by 1,923.0% during the 3rd quarter. International Assets Investment Management LLC now owns 2,994 shares of the company’s stock valued at $42,000 after buying an additional 2,846 shares in the last quarter. Quarry LP purchased a new position in shares of Paycor HCM during the 2nd quarter valued at about $69,000. Covestor Ltd raised its holdings in shares of Paycor HCM by 29.4% during the 3rd quarter. Covestor Ltd now owns 5,322 shares of the company’s stock valued at $76,000 after buying an additional 1,210 shares in the last quarter. FMR LLC raised its holdings in shares of Paycor HCM by 93.9% during the 3rd quarter. FMR LLC now owns 9,918 shares of the company’s stock valued at $141,000 after buying an additional 4,804 shares in the last quarter. Finally, Octavia Wealth Advisors LLC purchased a new position in shares of Paycor HCM during the 3rd quarter valued at about $143,000. 36.76% of the stock is owned by hedge funds and other institutional investors.

Paycor HCM Stock Down 0.1 %

NASDAQ PYCR opened at $22.15 on Friday. Paycor HCM, Inc. has a twelve month low of $10.92 and a twelve month high of $23.49. The firm has a market capitalization of $3.98 billion, a PE ratio of -85.19, a P/E/G ratio of 4.79 and a beta of 0.50. The stock’s 50 day moving average is $18.68 and its 200 day moving average is $15.28.

Insider Activity at Paycor HCM

In related news, Director Jeremy Rishel sold 3,723 shares of Paycor HCM stock in a transaction that occurred on Wednesday, October 16th. The stock was sold at an average price of $14.02, for a total transaction of $52,196.46. Following the sale, the director now directly owns 21,218 shares in the company, valued at $297,476.36. The trade was a 14.93 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.39% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on PYCR shares. BMO Capital Markets reissued a “market perform” rating and set a $22.50 price objective (down from $24.00) on shares of Paycor HCM in a report on Wednesday. JMP Securities reaffirmed a “market outperform” rating and issued a $30.00 price target on shares of Paycor HCM in a research note on Monday, January 6th. Citigroup lifted their price target on Paycor HCM from $15.00 to $16.00 and gave the stock a “neutral” rating in a research note on Wednesday, September 25th. Stifel Nicolaus lifted their price target on Paycor HCM from $22.00 to $25.00 and gave the stock a “buy” rating in a research note on Wednesday, December 18th. Finally, The Goldman Sachs Group lifted their price target on Paycor HCM from $19.00 to $21.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 26th. Nine analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $20.91.

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.