Ceridian HCM Holding Inc. (NYSE:CDAY) Holdings Boosted by New York Life Investment Management LLC

New York Life Investment Management LLC grew its stake in shares of Ceridian HCM Holding Inc. (NYSE:CDAY) by 2.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 39,035 shares of the company’s stock after purchasing an additional 961 shares during the quarter. New York Life Investment Management LLC’s holdings in Ceridian HCM were worth $2,620,000 as of its most recent SEC filing.

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

Ceridian HCM Trading Up 0.1 %

Shares of Ceridian HCM stock opened at $69.52 on Monday. The business has a fifty day simple moving average of $64.61 and a 200-day simple moving average of $66.68. 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 cap of $10.85 billion, a price-to-earnings ratio of 1,909.67, a price-to-earnings-growth ratio of 2.12 and a beta of 1.38. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.53.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on CDAY. Stifel Nicolaus initiated coverage on Ceridian HCM in a report on Wednesday, January 10th. They set a “buy” rating and a $75.00 price target on the stock. Robert W. Baird reiterated an “outperform” rating and set 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 assigned a buy rating to the stock. According to data from MarketBeat, Ceridian HCM has a consensus rating of “Moderate Buy” and a consensus price target of $76.80.

Ceridian HCM 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.