Dayforce, Inc. $DAY Shares Sold by Strs Ohio

Strs Ohio decreased its holdings in shares of Dayforce, Inc. (NYSE:DAY) by 86.7% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,687 shares of the company’s stock after selling 24,015 shares during the quarter. Strs Ohio’s holdings in Dayforce were worth $254,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. MUFG Securities EMEA plc acquired a new position in Dayforce during the second quarter worth about $26,000. Assetmark Inc. lifted its stake in Dayforce by 701.4% in the 2nd quarter. Assetmark Inc. now owns 561 shares of the company’s stock worth $31,000 after purchasing an additional 491 shares in the last quarter. Quent Capital LLC purchased a new position in Dayforce in the 3rd quarter worth approximately $34,000. EverSource Wealth Advisors LLC boosted its holdings in shares of Dayforce by 50.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 715 shares of the company’s stock worth $40,000 after purchasing an additional 240 shares during the last quarter. Finally, State of Wyoming purchased a new stake in shares of Dayforce in the second quarter valued at approximately $54,000.

Insider Buying and Selling

In related news, insider Jeffrey Scott Jacobs sold 500 shares of Dayforce stock in a transaction that occurred on Monday, January 26th. The shares were sold at an average price of $69.36, for a total value of $34,680.00. Following the completion of the sale, the insider owned 48,901 shares in the company, valued at approximately $3,391,773.36. This trade represents a 1.01% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, COO Stephen H. Holdridge sold 2,000 shares of the business’s stock in a transaction that occurred on Friday, November 14th. The shares were sold at an average price of $68.87, for a total value of $137,740.00. Following the completion of the sale, the chief operating officer directly owned 178,814 shares in the company, valued at approximately $12,314,920.18. The trade was a 1.11% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 4.50% of the company’s stock.

Dayforce Trading Down 0.5%

Shares of DAY stock opened at $68.94 on Tuesday. Dayforce, Inc. has a 1-year low of $48.01 and a 1-year high of $72.28. The firm has a market cap of $11.03 billion, a PE ratio of -73.34, a price-to-earnings-growth ratio of 2.12 and a beta of 1.18. The company has a 50-day moving average of $69.22 and a two-hundred day moving average of $66.99. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.04 and a quick ratio of 1.04.

Wall Street Analysts Forecast Growth

DAY has been the subject of several recent research reports. Needham & Company LLC reaffirmed a “hold” rating on shares of Dayforce in a report on Thursday, October 30th. UBS Group downgraded Dayforce from a “strong-buy” rating to a “hold” rating in a research note on Saturday, November 15th. Zacks Research raised shares of Dayforce from a “strong sell” rating to a “hold” rating in a report on Tuesday, December 30th. Finally, Weiss Ratings restated a “sell (d)” rating on shares of Dayforce in a research report on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $70.36.

Dayforce Company Profile

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. The company also provides payroll and payroll-related services; and implementation and professional services.