1 week Ago By ABMN Staff
Norges Bank bought a new stake in Dayforce Inc ( NYSE:DAY – Free Report ) during the fourth quarter, HoldingsChannel reports. The fund bought 141,493 shares of the company’s stock, valued at approximately $10,278,000. Other large investors have also added to or reduced their stakes in the company.
HighTower Advisors LLC increased its position in shares of Dayforce by 11.0% during the 3rd quarter. HighTower Advisors LLC now owns 6,083 shares of the company’s stock valued at $368,000 after purchasing an additional 602 shares during the last quarter.
Quarry LP purchased a new stake in Dayforce in the third quarter worth approximately $51,000. Quantinno Capital Management LP grew its position in Dayforce by 4.5% during the third quarter.
Quantinno Capital Management LP now owns 24,975 shares of the company’s stock valued at $1,530,000 after acquiring an additional 1,077 shares during the last quarter. Stifel Financial Corp raised its stake in shares of Dayforce by 16.0% during the third quarter.
Stifel Financial Corp now owns 5,001 shares of the company’s stock worth $306,000 after acquiring an additional 691 shares in the last quarter. Finally, National Bank of Canada FI bought a new stake in shares of Dayforce in the 3rd quarter worth approximately $179,000. Wall Street Analyst Weigh In Several equities analysts recently commented on the stock.
Needham & Company LLC reaffirmed a “buy” rating and set a $95.00 target price on shares of Dayforce in a report on Thursday, February 6th. Piper Sandler reaffirmed an “overweight” rating and set a $83.
00 price objective (down from $94.00) on shares of Dayforce in a research note on Wednesday, February 5th. TD Cowen upgraded Dayforce from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $67.
00 to $68.00 in a report on Friday, March 7th. Citigroup dropped their target price on Dayforce from $90.
00 to $83.00 and set a “buy” rating for the company in a report on Thursday, January 16th. Finally, Barclays decreased their price target on Dayforce from $80.
00 to $69.00 and set an “equal weight” rating on the stock in a research note on Thursday, February 6th. Six investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock.
According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $77.86.
Dayforce Stock Performance Shares of DAY stock opened at $49.26 on Wednesday. The firm has a market capitalization of $7.
80 billion, a price-to-earnings ratio of 447.81, a PEG ratio of 2.49 and a beta of 1.
20. The stock has a fifty day moving average of $60.60 and a 200 day moving average of $67.
64. Dayforce Inc has a 52 week low of $47.08 and a 52 week high of $82.
69. The company has a quick ratio of 1.15, a current ratio of 1.
13 and a debt-to-equity ratio of 0.47. Dayforce ( NYSE:DAY – Get Free Report ) last posted its earnings results on Wednesday, February 5th.
The company reported $0.37 EPS for the quarter, missing the consensus estimate of $0.46 by ($0.
09). Dayforce had a return on equity of 6.49% and a net margin of 1.
03%. As a group, research analysts expect that Dayforce Inc will post 1.48 earnings per share for the current year.
Insider Buying and Selling at Dayforce In related news, COO Stephen H. Holdridge sold 1,000 shares of the stock in a transaction dated Wednesday, January 15th. The shares were sold at an average price of $71.
33, for a total value of $71,330.00. Following the completion of the transaction, the chief operating officer now directly owns 119,022 shares in the company, valued at $8,489,839.
26. This trade represents a 0.83 % decrease in their position.
The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink . Insiders own 4.50% of the company’s stock.
Dayforce Profile ( Free Report ) Dayforce 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 and tax, workforce management, wallet, benefits, and talent intelligence functionalities; and Powerpay, a cloud HR and payroll solution for the small business market. Recommended Stories Want to see what other hedge funds are holding DAY? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Dayforce Inc ( NYSE:DAY – Free Report ). Receive News & Ratings for Dayforce Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dayforce and related companies with MarketBeat.com's FREE daily email newsletter .
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