Bleakley Financial Group LLC Purchases 391 Shares of Ceridian HCM Holding Inc. (NYSE:CDAY)

Bleakley Financial Group LLC increased its position in shares of Ceridian HCM Holding Inc. (NYSE:CDAY) by 10.0% during the fourth quarter, HoldingsChannel.com reports. The firm owned 4,283 shares of the company’s stock after buying an additional 391 shares during the period. Bleakley Financial Group LLC’s holdings in Ceridian HCM were worth $287,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of CDAY. Advisor Group Holdings Inc. increased its position in shares of Ceridian HCM by 137.2% during the first quarter. Advisor Group Holdings Inc. now owns 5,962 shares of the company’s stock valued at $406,000 after purchasing an additional 3,448 shares during the period. Raymond James & Associates increased its position in shares of Ceridian HCM by 149.1% during the first quarter. Raymond James & Associates now owns 4,933 shares of the company’s stock valued at $337,000 after purchasing an additional 2,953 shares during the period. US Bancorp DE increased its position in shares of Ceridian HCM by 133.5% during the first quarter. US Bancorp DE now owns 1,880 shares of the company’s stock valued at $128,000 after purchasing an additional 1,075 shares during the period. Private Advisor Group LLC increased its position in shares of Ceridian HCM by 38.8% during the first quarter. Private Advisor Group LLC now owns 3,155 shares of the company’s stock valued at $216,000 after purchasing an additional 882 shares during the period. Finally, PNC Financial Services Group Inc. grew its position in Ceridian HCM by 416.2% in the first quarter. PNC Financial Services Group Inc. now owns 5,152 shares of the company’s stock valued at $353,000 after acquiring an additional 4,154 shares during the period.

Ceridian HCM Price Performance

Ceridian HCM stock opened at $60.64 on Tuesday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.09 and a current ratio of 1.09. The firm has a market cap of $9.47 billion, a P/E ratio of 2,021.33, a P/E/G ratio of 2.12 and a beta of 1.38. The business’s fifty day moving average is $67.86 and its two-hundred day moving average is $67.85. Ceridian HCM Holding Inc. has a 52 week low of $55.62 and a 52 week high of $79.66.

Analyst Ratings Changes

A number of analysts have weighed in on CDAY shares. Stifel Nicolaus started coverage on Ceridian HCM in a research report on Wednesday, January 10th. They issued a “buy” rating and a $75.00 price target on the stock. Robert W. Baird reiterated an “outperform” rating and issued a $86.00 price target on shares of Ceridian HCM in a research report on Friday, January 19th. Five equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, Ceridian HCM presently has a consensus rating of “Moderate Buy” and an average price target of $76.38.

About Ceridian HCM

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.