Millennium Management LLC Sells 1,354,363 Shares of Paycor HCM, Inc. (NASDAQ:PYCR)

Millennium Management LLC lowered its holdings in shares of Paycor HCM, Inc. (NASDAQ:PYCR) by 97.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 31,092 shares of the company’s stock after selling 1,354,363 shares during the period. Millennium Management LLC’s holdings in Paycor HCM were worth $577,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Vanguard Group Inc. grew its holdings in Paycor HCM by 3.1% in the 4th quarter. Vanguard Group Inc. now owns 7,454,003 shares of the company’s stock worth $138,421,000 after acquiring an additional 226,807 shares during the last quarter. Clearbridge Investments LLC grew its holdings in Paycor HCM by 0.7% in the 4th quarter. Clearbridge Investments LLC now owns 6,386,128 shares of the company’s stock worth $118,590,000 after acquiring an additional 47,007 shares during the last quarter. Invesco Ltd. grew its holdings in Paycor HCM by 4.0% in the 4th quarter. Invesco Ltd. now owns 2,799,281 shares of the company’s stock worth $51,983,000 after acquiring an additional 106,628 shares during the last quarter. Franklin Resources Inc. grew its holdings in Paycor HCM by 15.5% in the 4th quarter. Franklin Resources Inc. now owns 2,003,288 shares of the company’s stock worth $37,201,000 after acquiring an additional 269,179 shares during the last quarter. Finally, Geode Capital Management LLC grew its holdings in Paycor HCM by 4.3% in the 4th quarter. Geode Capital Management LLC now owns 1,413,576 shares of the company’s stock worth $26,258,000 after acquiring an additional 58,730 shares during the last quarter. Institutional investors own 36.76% of the company’s stock.

Paycor HCM Price Performance

Shares of Paycor HCM stock opened at $22.49 on Monday. The firm has a market cap of $4.09 billion, a PE ratio of -187.40, a price-to-earnings-growth ratio of 3.84 and a beta of 0.50. Paycor HCM, Inc. has a 12-month low of $10.92 and a 12-month high of $23.49. The company’s fifty day simple moving average is $22.48 and its two-hundred day simple moving average is $21.62.

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.