6,248 Shares in Ceridian HCM Holding Inc. (NYSE:CDAY) Bought by Semanteon Capital Management LP

Semanteon Capital Management LP acquired a new position in Ceridian HCM Holding Inc. (NYSE:CDAY) during the fourth quarter, according to the company in its most recent filing with the SEC. The fund acquired 6,248 shares of the company’s stock, valued at approximately $419,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Itau Unibanco Holding S.A. acquired a new position in Ceridian HCM in the 3rd quarter worth $36,000. Cary Street Partners Investment Advisory LLC acquired a new position in Ceridian HCM in the 3rd quarter worth $44,000. Desjardins Global Asset Management Inc. lifted its holdings in Ceridian HCM by 68.5% in the 4th quarter. Desjardins Global Asset Management Inc. now owns 723 shares of the company’s stock worth $49,000 after buying an additional 294 shares in the last quarter. Sentry Investment Management LLC lifted its holdings in Ceridian HCM by 40.5% in the 3rd quarter. Sentry Investment Management LLC now owns 892 shares of the company’s stock worth $61,000 after buying an additional 257 shares in the last quarter. Finally, GAMMA Investing LLC acquired a new position in Ceridian HCM in the 4th quarter worth $81,000.

Ceridian HCM Stock Performance

CDAY traded down $0.12 on Friday, hitting $59.58. 1,197,945 shares of the company’s stock were exchanged, compared to its average volume of 1,312,424. The firm has a market cap of $9.30 billion, a PE ratio of 1,986.00, a P/E/G ratio of 2.12 and a beta of 1.38. Ceridian HCM Holding Inc. has a twelve month low of $55.62 and a twelve month high of $79.66. The stock has a fifty day moving average of $66.08 and a two-hundred day moving average of $67.35. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.53.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on CDAY shares. Robert W. Baird restated an “outperform” rating and issued a $86.00 target price on shares of Ceridian HCM in a research note on Friday, January 19th. Stifel Nicolaus started coverage on shares of Ceridian HCM in a research note on Wednesday, January 10th. They issued a “buy” rating and a $75.00 target price on the stock. Five investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat, Ceridian HCM presently has a consensus rating of “Moderate Buy” and an average price target of $76.38.

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.