Janus Henderson Group PLC boosted its holdings in Workday Inc (NASDAQ:WDAY) by 0.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,042,200 shares of the software maker’s stock after purchasing an additional 4,047 shares during the period. Janus Henderson Group PLC owned about 0.50% of Workday worth $109,838,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors have also added to or reduced their stakes in the stock. Banbury Partners LLC grew its position in shares of Workday by 9.7% in the 3rd quarter. Banbury Partners LLC now owns 306,004 shares of the software maker’s stock valued at $32,250,000 after acquiring an additional 26,969 shares during the period. Asset Management One Co. Ltd. grew its position in shares of Workday by 6.2% in the 3rd quarter. Asset Management One Co. Ltd. now owns 209,105 shares of the software maker’s stock valued at $22,001,000 after acquiring an additional 12,280 shares during the period. AMP Capital Investors Ltd grew its position in shares of Workday by 2.3% in the 3rd quarter. AMP Capital Investors Ltd now owns 35,300 shares of the software maker’s stock valued at $3,721,000 after acquiring an additional 800 shares during the period. Engineers Gate Manager LP grew its position in shares of Workday by 80.7% in the 3rd quarter. Engineers Gate Manager LP now owns 58,911 shares of the software maker’s stock valued at $6,209,000 after acquiring an additional 26,308 shares during the period. Finally, Envestnet Asset Management Inc. grew its position in shares of Workday by 237.1% in the 3rd quarter. Envestnet Asset Management Inc. now owns 16,690 shares of the software maker’s stock valued at $1,759,000 after acquiring an additional 11,739 shares during the period. 67.58% of the stock is owned by institutional investors and hedge funds.
In related news, CEO Aneel Bhusri sold 11,163 shares of Workday stock in a transaction that occurred on Monday, October 16th. The shares were sold at an average price of $107.51, for a total transaction of $1,200,134.13. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director David A. Duffield sold 461,232 shares of Workday stock in a transaction that occurred on Wednesday, October 11th. The shares were sold at an average price of $108.44, for a total transaction of $50,015,998.08. The disclosure for this sale can be found here. Insiders have sold a total of 1,521,555 shares of company stock worth $161,741,409 over the last ninety days. 37.71% of the stock is currently owned by insiders.
Shares of Workday Inc (NASDAQ:WDAY) opened at $101.47 on Thursday. The company has a current ratio of 2.11, a quick ratio of 2.11 and a debt-to-equity ratio of 0.74. Workday Inc has a 1-year low of $65.79 and a 1-year high of $116.89.
Workday (NASDAQ:WDAY) last announced its quarterly earnings results on Wednesday, November 29th. The software maker reported $0.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.10. The company had revenue of $555.40 million for the quarter, compared to analyst estimates of $541.05 million. Workday had a negative net margin of 16.91% and a negative return on equity of 19.73%. The firm’s revenue was up 35.6% on a year-over-year basis. During the same period in the previous year, the firm posted $0.03 EPS. equities analysts forecast that Workday Inc will post -1.1 earnings per share for the current year.
WDAY has been the subject of a number of analyst reports. J P Morgan Chase & Co reissued a “buy” rating and issued a $120.00 price objective on shares of Workday in a research report on Tuesday, November 28th. Canaccord Genuity reissued a “buy” rating and issued a $125.00 price objective on shares of Workday in a research report on Friday, October 6th. FBN Securities raised shares of Workday from a “sector perform” rating to an “outperform” rating and lifted their price objective for the company from $115.00 to $125.00 in a research report on Wednesday, October 11th. BidaskClub raised shares of Workday from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, November 22nd. Finally, Cowen reissued a “market perform” rating and issued a $100.00 price objective on shares of Workday in a research report on Saturday, October 14th. Four analysts have rated the stock with a sell rating, twenty-two have assigned a hold rating and fourteen have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $103.03.
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Workday, Inc is a provider of enterprise cloud applications for finance and human resources. The Company delivers financial management, human capital management and analytics applications designed for various companies, educational institutions and government agencies. As part of its applications, the Company provides embedded analytics that capture the content and context of everyday business events, facilitating informed decision-making from wherever users are working.
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