SG Americas Securities LLC Acquires 5,284 Shares of Ceridian HCM Holding Inc. (NYSE:CDAY)

SG Americas Securities LLC boosted its holdings in Ceridian HCM Holding Inc. (NYSE:CDAYFree Report) by 41.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 18,130 shares of the company’s stock after acquiring an additional 5,284 shares during the quarter. SG Americas Securities LLC’s holdings in Ceridian HCM were worth $1,217,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Advisor Group Holdings Inc. grew its stake in Ceridian HCM by 137.2% during the first quarter. Advisor Group Holdings Inc. now owns 5,962 shares of the company’s stock worth $406,000 after buying an additional 3,448 shares during the last quarter. Raymond James & Associates grew its stake in Ceridian HCM by 149.1% during the first quarter. Raymond James & Associates now owns 4,933 shares of the company’s stock worth $337,000 after buying an additional 2,953 shares during the last quarter. US Bancorp DE grew its stake in Ceridian HCM by 133.5% during the first quarter. US Bancorp DE now owns 1,880 shares of the company’s stock worth $128,000 after buying an additional 1,075 shares during the last quarter. Private Advisor Group LLC grew its stake in Ceridian HCM by 38.8% during the first quarter. Private Advisor Group LLC now owns 3,155 shares of the company’s stock worth $216,000 after buying an additional 882 shares during the last quarter. Finally, PNC Financial Services Group Inc. lifted its position in shares of Ceridian HCM by 416.2% during the first quarter. PNC Financial Services Group Inc. now owns 5,152 shares of the company’s stock worth $353,000 after purchasing an additional 4,154 shares in the last quarter.

Ceridian HCM Trading Up 0.2 %

Shares of NYSE CDAY opened at $66.21 on Friday. The company’s 50 day simple moving average is $69.14 and its 200 day simple moving average is $68.35. Ceridian HCM Holding Inc. has a fifty-two week low of $55.62 and a fifty-two week high of $79.66. The firm has a market capitalization of $10.34 billion, a P/E ratio of 2,207.00, a P/E/G ratio of 2.12 and a beta of 1.38. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.09 and a quick ratio of 1.09.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on CDAY. Robert W. Baird reiterated an “outperform” rating and set a $86.00 target price on shares of Ceridian HCM in a research report on Friday, January 19th. Needham & Company LLC reiterated a “buy” rating and set a $82.00 target price on shares of Ceridian HCM in a research report on Tuesday, December 5th. Finally, Stifel Nicolaus began coverage on shares of Ceridian HCM in a research report on Wednesday, January 10th. They set a “buy” rating and a $75.00 target price on the stock. Five equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $76.38.

Check Out Our Latest Analysis on Ceridian HCM

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.

Further Reading

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

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