Sumitomo Mitsui DS Asset Management Company Ltd Has $873,000 Stock Position in Ceridian HCM Holding Inc. (NYSE:CDAY)

Sumitomo Mitsui DS Asset Management Company Ltd grew its stake in shares of Ceridian HCM Holding Inc. (NYSE:CDAY) by 3.7% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 13,010 shares of the company’s stock after purchasing an additional 461 shares during the quarter. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in Ceridian HCM were worth $873,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the stock. CWM LLC increased 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 worth $222,000 after acquiring an additional 167 shares during the last quarter. Czech National Bank increased its holdings in shares of Ceridian HCM by 48.2% during the 3rd quarter. Czech National Bank now owns 27,197 shares of the company’s stock worth $1,845,000 after acquiring an additional 8,845 shares during the last quarter. Asset Management One Co. Ltd. increased its holdings in shares of Ceridian HCM by 4.8% during the 3rd quarter. Asset Management One Co. Ltd. now owns 60,615 shares of the company’s stock worth $4,113,000 after acquiring an additional 2,790 shares during the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund increased its holdings in shares of Ceridian HCM by 17.1% during the 3rd quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 39,131 shares of the company’s stock worth $2,655,000 after acquiring an additional 5,700 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. increased its holdings in shares of Ceridian HCM by 22.1% during the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 54,047 shares of the company’s stock worth $3,667,000 after acquiring an additional 9,766 shares during the last quarter.

Analyst Ratings Changes

CDAY has been the topic of a number of research reports. Stifel Nicolaus initiated coverage on Ceridian HCM in a report on Wednesday, January 10th. They issued a “buy” rating and a $75.00 price objective on the stock. 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 investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $76.38.

Ceridian HCM Stock Up 0.7 %

CDAY stock opened at $59.70 on Friday. Ceridian HCM Holding Inc. has a twelve month low of $55.62 and a twelve month high of $79.66. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.53. The stock’s 50 day moving average is $66.34 and its 200-day moving average is $67.40. The firm has a market capitalization of $9.32 billion, a PE ratio of 1,990.00, a P/E/G ratio of 2.12 and a beta of 1.38.

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.