NYSE:CDAY - Free Report ) by 72.5% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 61,985 shares of the company's stock after purchasing an additional 26,047 shares during the quarter. abrdn plc's holdings in Ceridian HCM were worth $4,160,000 as of its most recent SEC filing.
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Other large investors have also made changes to their positions in the company. Royal Bank of Canada lifted its holdings in Ceridian HCM by 4,203.7% in the 3rd quarter. Royal Bank of Canada now owns 759,138 shares of the company's stock worth $51,508,000 after purchasing an additional 741,499 shares in the last quarter. Artisan Partners Limited Partnership lifted its holdings in Ceridian HCM by 8.9% in the 3rd quarter. Artisan Partners Limited Partnership now owns 3,924,755 shares of the company's stock worth $266,295,000 after purchasing an additional 321,396 shares in the last quarter. Great Lakes Advisors LLC purchased a new position in Ceridian HCM in the 3rd quarter worth approximately $11,677,000. Schonfeld Strategic Advisors LLC purchased a new position in Ceridian HCM in the 3rd quarter worth approximately $9,539,000. Finally, Westfield Capital Management Co. LP lifted its holdings in Ceridian HCM by 7.4% in the 3rd quarter. Westfield Capital Management Co. LP now owns 1,226,077 shares of the company's stock worth $83,189,000 after purchasing an additional 84,321 shares in the last quarter.
Ceridian HCM Stock Up 2.3 % Shares of CDAY traded up $1.40 during midday trading on Friday, reaching $60.98. 984,130 shares of the stock were exchanged, compared to its average volume of 1,312,424. Ceridian HCM Holding Inc. has a 52 week low of $55.62 and a 52 week high of $79.66. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.53. The company's 50 day moving average is $65.80 and its two-hundred day moving average is $67.15. The company has a market capitalization of $9.52 billion, a P/E ratio of 2,032.67, a PEG ratio of 2.12 and a beta of 1.38.
Analyst Ratings Changes Several analysts have recently issued reports on CDAY shares. Robert W. Baird reaffirmed an "outperform" rating and set a $86.00 price objective on shares of Ceridian HCM in a report on Friday, January 19th. Stifel Nicolaus started coverage on Ceridian HCM in a report on Wednesday, January 10th. They set a "buy" rating and a $75.00 price target on the stock. Five research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $76.38.
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Ceridian HCM Company Profile (
Free Report )
Ceridian HCM Holding 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, benefits, workforce management, and talent management functionality; and Powerpay, a cloud HR and payroll solution for the small business market.
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