Octavia Wealth Advisors LLC Has $260,000 Position in Paycor HCM, Inc. (NASDAQ:PYCR)

Octavia Wealth Advisors LLC grew its stake in Paycor HCM, Inc. (NASDAQ:PYCR) by 38.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 14,002 shares of the company’s stock after purchasing an additional 3,890 shares during the period. Octavia Wealth Advisors LLC’s holdings in Paycor HCM were worth $260,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in PYCR. Marshall Wace LLP boosted its stake in shares of Paycor HCM by 1,234.9% in the 2nd quarter. Marshall Wace LLP now owns 370,985 shares of the company’s stock valued at $4,712,000 after purchasing an additional 343,194 shares in the last quarter. ING Groep NV acquired a new stake in shares of Paycor HCM in the 3rd quarter valued at approximately $4,615,000. Cubist Systematic Strategies LLC boosted its stake in shares of Paycor HCM by 207.5% in the 2nd quarter. Cubist Systematic Strategies LLC now owns 465,097 shares of the company’s stock valued at $5,907,000 after purchasing an additional 313,851 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. boosted its stake in shares of Paycor HCM by 1,047.5% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 321,504 shares of the company’s stock valued at $4,562,000 after purchasing an additional 293,487 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in shares of Paycor HCM by 13.1% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,664,711 shares of the company’s stock valued at $21,140,000 after purchasing an additional 192,633 shares in the last quarter. 36.76% of the stock is currently owned by institutional investors and hedge funds.

Paycor HCM Trading Up 0.1 %

Paycor HCM stock opened at $22.12 on Wednesday. Paycor HCM, Inc. has a 12-month low of $10.92 and a 12-month high of $23.49. The firm’s fifty day moving average is $19.42 and its 200 day moving average is $15.78.

Analyst Ratings Changes

A number of research analysts recently issued reports on PYCR shares. Raymond James lowered shares of Paycor HCM from a “moderate buy” rating to a “hold” rating in a report on Monday, January 13th. Truist Financial reiterated a “hold” rating and issued a $22.50 price objective (up previously from $20.00) on shares of Paycor HCM in a report on Thursday, January 16th. Mizuho raised their price objective on shares of Paycor HCM from $20.00 to $22.50 and gave the company a “neutral” rating in a report on Wednesday, January 8th. TD Cowen lowered shares of Paycor HCM from a “strong-buy” rating to a “hold” rating in a report on Monday. Finally, Stephens reiterated an “equal weight” rating and issued a $22.50 price objective (up previously from $20.00) on shares of Paycor HCM in a report on Friday, January 10th. Fourteen research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $21.47.

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.