1 week Ago By Defense World Staff
Norges Bank acquired a new position in shares of Dayforce Inc ( NYSE:DAY – Free Report ) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 141,493 shares of the company’s stock, valued at approximately $10,278,000. Norges Bank owned approximately 0.
09% of Dayforce as of its most recent filing with the Securities and Exchange Commission. Several other institutional investors and hedge funds have also recently modified their holdings of DAY. HighTower Advisors LLC grew its position in Dayforce by 11.
0% in the 3rd quarter. HighTower Advisors LLC now owns 6,083 shares of the company’s stock worth $368,000 after purchasing an additional 602 shares in the last quarter. Quarry LP purchased a new position in shares of Dayforce in the 3rd quarter worth approximately $51,000.
Quantinno Capital Management LP grew its holdings in shares of Dayforce by 4.5% in 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 in the last quarter.
Stifel Financial Corp increased its position in shares of Dayforce by 16.0% during the third quarter. Stifel Financial Corp now owns 5,001 shares of the company’s stock valued at $306,000 after acquiring an additional 691 shares during the last quarter.
Finally, National Bank of Canada FI bought a new stake in Dayforce during the third quarter worth $179,000. Wall Street Analysts Forecast Growth DAY has been the subject of several research analyst reports. Citigroup decreased their target price on Dayforce from $90.
00 to $83.00 and set a “buy” rating for the company in a research report on Thursday, January 16th. TD Cowen raised shares of 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 research report on Friday, March 7th. Stifel Nicolaus dropped their target price on shares of Dayforce from $90.
00 to $85.00 and set a “buy” rating on the stock in a research note on Thursday, February 6th. Barclays lowered their price target on shares of Dayforce from $80.
00 to $69.00 and set an “equal weight” rating on the stock in a report on Thursday, February 6th. Finally, Piper Sandler reissued an “overweight” rating and set a $83.
00 price objective (down from $94.00) on shares of Dayforce in a report on Wednesday, February 5th. Six equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company.
According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $77.86. Dayforce Stock Down 3.
9 % Shares of NYSE DAY opened at $49.26 on Wednesday. The company has a quick ratio of 1.
15, a current ratio of 1.13 and a debt-to-equity ratio of 0.47.
The company has a market cap of $7.80 billion, a P/E ratio of 447.81, a P/E/G ratio of 2.
49 and a beta of 1.20. Dayforce Inc has a 52 week low of $47.
08 and a 52 week high of $82.69. The business has a 50-day simple moving average of $60.
60 and a two-hundred day simple moving average of $67.64. Dayforce ( NYSE:DAY – Get Free Report ) last issued its quarterly earnings data 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 net margin of 1.03% and a return on equity of 6.
49%. Research analysts anticipate that Dayforce Inc will post 1.48 earnings per share for the current fiscal year.
Insider Transactions at Dayforce In other news, COO Stephen H. Holdridge sold 1,000 shares of Dayforce stock in a transaction dated Wednesday, January 15th. The stock was sold at an average price of $71.
33, for a total transaction of $71,330.00. Following the completion of the sale, the chief operating officer now owns 119,022 shares in the company, valued at approximately $8,489,839.
26. This trade represents a 0.83 % decrease in their position.
The sale was disclosed in a legal filing with the SEC, which can be accessed through this link . 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 Five stocks we like better than Dayforce Dividend King Proctor & Gamble Is A Buy On Post-Earnings Weakness Tariff-Proof Stocks: 3 Big Bargains With Huge Upside Potential How to Invest in Blue Chip Stocks Qualcomm Breaks Down But RSI Signals It’s Severely Oversold How to Know if a Stock Pays Dividends and When They Are Paid Out Tesla’s #1 Bull Cuts Target But Says It’s Still a Buy 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.
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