9,643 Shares in Ceridian HCM Holding Inc. (NYSE:CDAY) Purchased by Cerity Partners LLC

Cerity Partners LLC acquired a new stake in shares of Ceridian HCM Holding Inc. (NYSE:CDAY) during the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 9,643 shares of the company’s stock, valued at approximately $648,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in CDAY. Blueshift Asset Management LLC boosted its position in shares of Ceridian HCM by 2.2% during the third quarter. Blueshift Asset Management LLC now owns 7,583 shares of the company’s stock valued at $515,000 after purchasing an additional 162 shares in the last quarter. CWM LLC boosted its holdings in shares of Ceridian HCM by 5.4% during the 3rd quarter. CWM LLC now owns 3,268 shares of the company’s stock valued at $222,000 after buying an additional 167 shares in the last quarter. Wahed Invest LLC grew its position in shares of Ceridian HCM by 8.3% in the 3rd quarter. Wahed Invest LLC now owns 2,328 shares of the company’s stock worth $158,000 after buying an additional 178 shares during the period. Xponance Inc. increased its stake in shares of Ceridian HCM by 0.8% in the 3rd quarter. Xponance Inc. now owns 22,588 shares of the company’s stock worth $1,533,000 after acquiring an additional 189 shares in the last quarter. Finally, Signaturefd LLC lifted its position in Ceridian HCM by 10.7% during the 3rd quarter. Signaturefd LLC now owns 2,236 shares of the company’s stock valued at $152,000 after acquiring an additional 216 shares during the period.

Ceridian HCM Stock Performance

Shares of CDAY opened at $59.28 on Wednesday. The company has a market cap of $9.26 billion, a price-to-earnings ratio of 1,976.00, a P/E/G ratio of 2.12 and a beta of 1.38. The business’s fifty day simple moving average is $66.55 and its two-hundred day simple moving average is $67.46. Ceridian HCM Holding Inc. has a 12 month low of $55.62 and a 12 month high of $79.66. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.53.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on CDAY. Stifel Nicolaus began coverage on shares of Ceridian HCM in a research note 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 set a $86.00 price objective 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 company’s stock. According to MarketBeat.com, Ceridian HCM has an average rating of “Moderate Buy” and an average price target of $76.38.

Ceridian HCM Company 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.