Strs Ohio Acquires 324 Shares of Ceridian HCM Holding Inc. (NYSE:CDAY)

Strs Ohio raised its holdings in shares of Ceridian HCM Holding Inc. (NYSE:CDAY) by 2.5% in the 4th quarter, Holdings Channel reports. The firm owned 13,454 shares of the company’s stock after purchasing an additional 324 shares during the quarter. Strs Ohio’s holdings in Ceridian HCM were worth $903,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Artisan Partners Limited Partnership boosted its holdings in shares of Ceridian HCM by 8.9% in the third quarter. Artisan Partners Limited Partnership now owns 3,924,755 shares of the company’s stock valued at $266,295,000 after purchasing an additional 321,396 shares during the period. Bamco Inc. NY grew its position in shares of Ceridian HCM by 0.7% during the 3rd quarter. Bamco Inc. NY now owns 3,534,834 shares of the company’s stock worth $239,838,000 after buying an additional 23,252 shares in the last quarter. Northern Trust Corp increased its stake in shares of Ceridian HCM by 1.9% during the third quarter. Northern Trust Corp now owns 1,462,775 shares of the company’s stock valued at $99,249,000 after buying an additional 27,642 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in shares of Ceridian HCM by 1.6% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,297,848 shares of the company’s stock valued at $88,059,000 after acquiring an additional 21,060 shares in the last quarter. Finally, Westfield Capital Management Co. LP lifted its stake in Ceridian HCM by 7.4% in the third quarter. Westfield Capital Management Co. LP now owns 1,226,077 shares of the company’s stock worth $83,189,000 after acquiring an additional 84,321 shares during the period.

Ceridian HCM Stock Performance

Shares of NYSE CDAY opened at $59.70 on Thursday. The stock 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 company has a 50 day simple moving average of $66.55 and a two-hundred day simple moving average of $67.46. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.53.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the stock. Stifel Nicolaus assumed 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. Robert W. Baird reissued an “outperform” rating and issued a $86.00 price target on shares of Ceridian HCM in a report on Friday, January 19th. Five research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, Ceridian HCM has an average rating of “Moderate Buy” and an average target price 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.