California State Teachers Retirement System Has $14.40 Million Stake in Ceridian HCM Holding Inc. (NYSE:CDAY)

California State Teachers Retirement System cut its holdings in shares of Ceridian HCM Holding Inc. (NYSE:CDAYFree Report) by 6.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 212,201 shares of the company’s stock after selling 15,192 shares during the quarter. California State Teachers Retirement System’s holdings in Ceridian HCM were worth $14,398,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Banco Bilbao Vizcaya Argentaria S.A. raised its position in shares of Ceridian HCM by 3.3% in the second quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 4,368 shares of the company’s stock valued at $293,000 after purchasing an additional 141 shares during the period. CWM LLC boosted its position in shares of Ceridian HCM by 5.2% during the 2nd quarter. CWM LLC now owns 3,101 shares of the company’s stock worth $208,000 after acquiring an additional 153 shares in the last quarter. Blueshift Asset Management LLC lifted its stake in Ceridian HCM by 2.2% during the third quarter. Blueshift Asset Management LLC now owns 7,583 shares of the company’s stock worth $515,000 after purchasing an additional 162 shares during the last quarter. Xponance Inc. boosted its holdings in shares of Ceridian HCM by 0.8% in the 3rd quarter. Xponance Inc. now owns 22,588 shares of the company’s stock valued at $1,533,000 after purchasing an additional 189 shares in the last quarter. Finally, Signaturefd LLC increased its stake in shares of Ceridian HCM by 10.7% in the 3rd quarter. Signaturefd LLC now owns 2,236 shares of the company’s stock valued at $152,000 after purchasing an additional 216 shares during the last quarter.

Ceridian HCM Price Performance

CDAY stock opened at $68.25 on Tuesday. 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 firm has a market cap of $10.66 billion, a price-to-earnings ratio of 2,275.00, a PEG ratio of 2.12 and a beta of 1.38. The company’s fifty day simple moving average is $68.63 and its 200 day simple moving average is $68.96. Ceridian HCM Holding Inc. has a 12-month low of $55.62 and a 12-month high of $79.66.

Wall Street Analysts Forecast Growth

Several research analysts have commented on CDAY shares. UBS Group began coverage on Ceridian HCM in a research note on Tuesday, November 7th. They set a “buy” rating and a $87.00 target price for the company. Stifel Nicolaus assumed coverage on shares of Ceridian HCM in a research note on Wednesday, January 10th. They issued a “buy” rating and a $75.00 price objective for the company. Robert W. Baird restated an “outperform” rating and issued a $86.00 target price on shares of Ceridian HCM in a research report on Friday, January 19th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $82.00 price target on shares of Ceridian HCM in a report on Tuesday, December 5th. Five investment 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 $76.38.

Check Out Our Latest Stock Analysis on Ceridian HCM

Ceridian HCM Profile

(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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Institutional Ownership by Quarter for Ceridian HCM (NYSE:CDAY)

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