Ceridian HCM Holding Inc. (NYSE:CDAY) Shares Bought by New York State Common Retirement Fund (2024)

New York State Common Retirement Fund boosted its holdings in shares of Ceridian HCM Holding Inc. (NYSE:CDAY - Free Report) by 5.5% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 349,858 shares of the company's stock after purchasing an additional 18,256 shares during the period. New York State Common Retirement Fund owned about 0.22% of Ceridian HCM worth $23,482,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

• Ceridian Forms Constructive Base; Stock Up 13.68% In Past Month

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in CDAY. Royal Bank of Canada lifted its position in Ceridian HCM by 4,203.7% during the third quarter. Royal Bank of Canada now owns 759,138 shares of the company's stock valued at $51,508,000 after purchasing an additional 741,499 shares during the period. Artisan Partners Limited Partnership increased its holdings in 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 buying an additional 321,396 shares in the last quarter. Great Lakes Advisors LLC purchased a new position in Ceridian HCM in the third quarter valued at $11,677,000. Schonfeld Strategic Advisors LLC purchased a new position in Ceridian HCM in the third quarter valued at $9,539,000. Finally, Westfield Capital Management Co. LP increased its holdings 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 valued at $83,189,000 after buying an additional 84,321 shares in the last quarter.

Analysts Set New Price Targets

CDAY has been the subject of a number of recent analyst reports. Stifel Nicolaus initiated coverage on shares of Ceridian HCM in a report on Wednesday, January 10th. They issued a "buy" rating and a $75.00 price objective for the company. Robert W. Baird reaffirmed an "outperform" rating and issued a $86.00 price objective on shares of Ceridian HCM in a report on Friday, January 19th. Five analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $76.38.

• Analysts Expect Big Earnings Growth From These 3 Stocks

Read Our Latest Report on CDAY

Ceridian HCM Stock Down 0.2 %

CDAY stock opened at $59.58 on Friday. The stock has a market capitalization of $9.30 billion, a P/E ratio of 1,986.00, a P/E/G ratio of 2.12 and a beta of 1.38. The firm has a 50-day simple moving average of $66.08 and a 200-day simple moving average of $67.35. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.53. Ceridian HCM Holding Inc. has a 52 week low of $55.62 and a 52 week high of $79.66.

About Ceridian HCM

(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.

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