Siemens Fonds Invest GmbH bought a new stake in shares of Dayforce Inc (NYSE:DAY - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 45,577 shares of the company's stock, valued at approximately $3,669,000.
Other large investors have also recently made changes to their positions in the company. Smartleaf Asset Management LLC boosted its stake in shares of Dayforce by 69.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,227 shares of the company's stock worth $89,000 after purchasing an additional 501 shares during the period. SG Americas Securities LLC boosted its stake in shares of Dayforce by 167.7% during the 4th quarter. SG Americas Securities LLC now owns 19,322 shares of the company's stock worth $1,404,000 after purchasing an additional 12,103 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its stake in shares of Dayforce by 31.8% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 19,028 shares of the company's stock worth $1,398,000 after purchasing an additional 4,596 shares during the period. Proficio Capital Partners LLC purchased a new position in shares of Dayforce during the 4th quarter worth about $1,314,000. Finally, Raymond James Financial Inc. purchased a new position in shares of Dayforce during the 4th quarter worth about $1,764,000.
Dayforce Stock Up 2.4%
Shares of NYSE DAY traded up $1.37 during trading hours on Friday, hitting $59.07. 11,998,451 shares of the stock were exchanged, compared to its average volume of 1,789,362. The company has a quick ratio of 1.15, a current ratio of 1.13 and a debt-to-equity ratio of 0.47. The company has a market cap of $9.44 billion, a PE ratio of 537.05, a PEG ratio of 2.49 and a beta of 1.17. The firm has a fifty day moving average price of $56.79 and a 200-day moving average price of $65.13. Dayforce Inc has a 12 month low of $47.08 and a 12 month high of $82.69.
Insider Buying and Selling
In related news, EVP William Everett Mcdonald sold 2,000 shares of the business's stock in a transaction that occurred on Tuesday, April 15th. The shares were sold at an average price of $56.16, for a total transaction of $112,320.00. Following the completion of the transaction, the executive vice president now owns 105,691 shares in the company, valued at $5,935,606.56. The trade was a 1.86% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Samer Alkharrat sold 1,916 shares of the company's stock in a transaction that occurred on Friday, April 25th. The shares were sold at an average price of $56.64, for a total transaction of $108,522.24. Following the transaction, the executive vice president now owns 150,237 shares in the company, valued at $8,509,423.68. The trade was a 1.26% decrease in their position. The disclosure for this sale can be found here. 4.50% of the stock is currently owned by company insiders.
Analyst Upgrades and Downgrades
A number of equities analysts recently commented on the stock. Cowen raised shares of Dayforce from a "hold" rating to a "buy" rating in a research note on Friday, March 7th. Needham & Company LLC reaffirmed a "buy" rating and set a $95.00 price target on shares of Dayforce in a research note on Thursday, May 8th. Barclays lowered their price objective on shares of Dayforce from $61.00 to $60.00 and set an "equal weight" rating for the company in a research report on Thursday, May 8th. Wells Fargo & Company dropped their target price on shares of Dayforce from $70.00 to $60.00 and set an "equal weight" rating on the stock in a research note on Tuesday, April 22nd. Finally, Scotiabank reduced their target price on shares of Dayforce from $72.00 to $55.00 and set a "sector perform" rating on the stock in a research report on Monday, March 17th. Five investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat, Dayforce has an average rating of "Moderate Buy" and an average price target of $71.54.
Get Our Latest Analysis on DAY
About Dayforce
(
Free Report)
Dayforce Inc, together with its subsidiaries, operates as a human capital management (HCM) software company in the United States, Canada, and internationally. It offers Dayforce, a cloud HCM platform that provides human resources, payroll and tax, workforce management, wallet, benefits, and talent intelligence functionalities; and Powerpay, a cloud HR and payroll solution for the small business market.
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