Strs Ohio Grows Position in Ceridian HCM Holding Inc. (NYSE:CDAY)

Strs Ohio raised its position in Ceridian HCM Holding Inc. (NYSE:CDAY) by 2.5% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 13,454 shares of the company’s stock after acquiring an additional 324 shares during the period. Strs Ohio’s holdings in Ceridian HCM were worth $903,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of CDAY. Itau Unibanco Holding S.A. acquired a new stake in shares of Ceridian HCM during the third quarter valued at $36,000. Cary Street Partners Investment Advisory LLC bought a new stake in shares of Ceridian HCM in the 3rd quarter worth approximately $44,000. Sentry Investment Management LLC raised its holdings in shares of Ceridian HCM by 40.5% during the third quarter. Sentry Investment Management LLC now owns 892 shares of the company’s stock valued at $61,000 after buying an additional 257 shares during the last quarter. Signaturefd LLC lifted its stake in shares of Ceridian HCM by 10.7% in the 3rd quarter. Signaturefd LLC now owns 2,236 shares of the company’s stock worth $152,000 after acquiring an additional 216 shares during the period. Finally, Wahed Invest LLC boosted its position in shares of Ceridian HCM by 8.3% during the 3rd quarter. Wahed Invest LLC now owns 2,328 shares of the company’s stock valued at $158,000 after purchasing an additional 178 shares in the last quarter.

Ceridian HCM Price Performance

Ceridian HCM stock opened at $59.70 on Thursday. 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 has a market cap of $9.32 billion, a price-to-earnings ratio of 1,990.00, a PEG ratio of 2.12 and a beta of 1.38. Ceridian HCM Holding Inc. has a 12 month low of $55.62 and a 12 month high of $79.66. The business’s 50 day simple moving average is $66.55 and its 200 day simple moving average is $67.46.

Analyst Ratings Changes

CDAY has been the subject of a number of recent analyst reports. Stifel Nicolaus started coverage on Ceridian HCM in a research report on Wednesday, January 10th. They set a “buy” rating and a $75.00 target price for the company. Robert W. Baird reaffirmed an “outperform” rating and issued a $86.00 target price on shares of Ceridian HCM in a research note on Friday, January 19th. 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 MarketBeat, Ceridian HCM has an average rating of “Moderate Buy” and an average target price of $76.38.

Ceridian HCM Profile

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.