Benjamin F. Edwards & Company Inc. lessened its position in shares of Ceridian HCM Holding Inc. (NYSE:CDAY – Get Rating) by 22.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,003 shares of the company’s stock after selling 289 shares during the quarter. Benjamin F. Edwards & Company Inc.’s holdings in Ceridian HCM were worth $64,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Lazard Asset Management LLC acquired a new stake in shares of Ceridian HCM in the third quarter valued at about $25,000. Advisors Asset Management Inc. acquired a new stake in shares of Ceridian HCM in the first quarter valued at about $41,000. Parallel Advisors LLC grew its position in shares of Ceridian HCM by 55.6% in the fourth quarter. Parallel Advisors LLC now owns 896 shares of the company’s stock valued at $57,000 after purchasing an additional 320 shares during the period. Wipfli Financial Advisors LLC acquired a new stake in shares of Ceridian HCM in the third quarter valued at about $81,000. Finally, Signaturefd LLC lifted its stake in shares of Ceridian HCM by 51.3% in the third quarter. Signaturefd LLC now owns 1,657 shares of the company’s stock worth $93,000 after buying an additional 562 shares in the last quarter.
Insiders Place Their Bets
In other Ceridian HCM news, CEO Leagh Erin Turner sold 6,000 shares of the business’s stock in a transaction that occurred on Thursday, April 6th. The shares were sold at an average price of $68.11, for a total transaction of $408,660.00. Following the completion of the transaction, the chief executive officer now owns 245,201 shares in the company, valued at approximately $16,700,640.11. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In other news, EVP William Everett Mcdonald sold 1,159 shares of the business’s stock in a transaction that occurred on Thursday, March 9th. The shares were sold at an average price of $71.69, for a total transaction of $83,088.71. Following the completion of the sale, the executive vice president now owns 53,241 shares in the company, valued at approximately $3,816,847.29. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Leagh Erin Turner sold 6,000 shares of the business’s stock in a transaction that occurred on Thursday, April 6th. The stock was sold at an average price of $68.11, for a total transaction of $408,660.00. Following the sale, the chief executive officer now owns 245,201 shares of the company’s stock, valued at approximately $16,700,640.11. The disclosure for this sale can be found here. Insiders sold 38,158 shares of company stock worth $2,766,719 in the last 90 days. Corporate insiders own 4.50% of the company’s stock.
Wall Street Analyst Weigh In
Ceridian HCM Trading Up 3.4 %
Shares of CDAY stock opened at $58.63 on Tuesday. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.08 and a current ratio of 1.07. The stock has a market capitalization of $9.09 billion, a P/E ratio of -244.29 and a beta of 1.44. The company has a 50 day moving average price of $68.13 and a 200 day moving average price of $67.64. Ceridian HCM Holding Inc. has a fifty-two week low of $43.23 and a fifty-two week high of $79.66.
Ceridian HCM (NYSE:CDAY – Get Rating) last posted its quarterly earnings results on Wednesday, February 8th. The company reported $0.03 EPS for the quarter, topping the consensus estimate of ($0.09) by $0.12. Ceridian HCM had a negative net margin of 2.73% and a negative return on equity of 0.02%. The company had revenue of $336.10 million during the quarter, compared to analysts’ expectations of $325.12 million. Equities research analysts predict that Ceridian HCM Holding Inc. will post 0.31 EPS for the current fiscal year.
About Ceridian HCM
Ceridian HCM Holding, Inc engages in the development of human capital management software. It offers Dayforce, Powerpay, and Bureau products and services. The Dayforce provides human resources (HR), payroll, benefits, workforce management, and talent management functionality. Powerpay is a cloud HR and payroll solution for the Canadian small business market, through both direct sales and established partner channels.
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