Ceridian HCM Holding Inc. (NYSE:CDAY) Shares Purchased by Vanguard Personalized Indexing Management LLC

Vanguard Personalized Indexing Management LLC grew its holdings in Ceridian HCM Holding Inc. (NYSE:CDAYFree Report) by 12.5% in the third quarter, Holdings Channel.com reports. The institutional investor owned 14,172 shares of the company’s stock after acquiring an additional 1,577 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Ceridian HCM were worth $962,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Van ECK Associates Corp increased its stake in shares of Ceridian HCM by 117.1% during the third quarter. Van ECK Associates Corp now owns 19,070 shares of the company’s stock worth $1,294,000 after acquiring an additional 10,286 shares during the period. Charles Schwab Investment Management Inc. increased its stake in shares of Ceridian HCM by 1.6% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,297,848 shares of the company’s stock worth $88,059,000 after acquiring an additional 21,060 shares during the period. Blueshift Asset Management LLC increased its stake in shares of Ceridian HCM by 2.2% during the third quarter. Blueshift Asset Management LLC now owns 7,583 shares of the company’s stock worth $515,000 after acquiring an additional 162 shares during the period. Janney Montgomery Scott LLC grew its position in Ceridian HCM by 0.6% during the third quarter. Janney Montgomery Scott LLC now owns 53,613 shares of the company’s stock worth $3,638,000 after buying an additional 305 shares during the period. Finally, Atria Wealth Solutions Inc. acquired a new position in Ceridian HCM during the third quarter worth about $217,000.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the stock. JPMorgan Chase & Co. lowered their target price on shares of Ceridian HCM from $65.00 to $62.00 and set a “neutral” rating on the stock in a research report on Thursday, November 2nd. Stifel Nicolaus assumed coverage on shares of Ceridian HCM in a research note on Wednesday, January 10th. They set a “buy” rating and a $75.00 price objective on the stock. UBS Group assumed coverage on shares of Ceridian HCM in a research note on Tuesday, November 7th. They set a “buy” rating and a $87.00 price objective on the stock. The Goldman Sachs Group assumed coverage on shares of Ceridian HCM in a research note on Monday, October 23rd. They set a “neutral” rating and a $74.00 price target on the stock. Finally, Robert W. Baird reaffirmed an “outperform” rating and set a $86.00 price target on shares of Ceridian HCM in a research note on Friday, January 19th. Five investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $76.38.

View Our Latest Analysis on Ceridian HCM

Ceridian HCM Price Performance

CDAY opened at $70.69 on Tuesday. The company has a fifty day simple moving average of $67.47 and a 200 day simple moving average of $69.01. The firm has a market cap of $11.04 billion, a price-to-earnings ratio of 2,356.33, a PEG ratio of 2.12 and a beta of 1.38. Ceridian HCM Holding Inc. has a twelve month low of $55.62 and a twelve month 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.

Ceridian HCM 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.

See Also

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Institutional Ownership by Quarter for Ceridian HCM (NYSE:CDAY)

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