Skandinaviska Enskilda Banken AB publ Has $2.42 Million Holdings in Dayforce, Inc. $DAY

Skandinaviska Enskilda Banken AB publ increased its position in Dayforce, Inc. (NYSE:DAY) by 5,830.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 35,107 shares of the company’s stock after acquiring an additional 34,515 shares during the quarter. Skandinaviska Enskilda Banken AB publ’s holdings in Dayforce were worth $2,419,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the company. EdgePoint Investment Group Inc. increased its stake in shares of Dayforce by 17.2% in the second quarter. EdgePoint Investment Group Inc. now owns 16,244,490 shares of the company’s stock worth $899,782,000 after purchasing an additional 2,383,969 shares during the period. Assenagon Asset Management S.A. grew its holdings in Dayforce by 1,055.0% in the 3rd quarter. Assenagon Asset Management S.A. now owns 567,796 shares of the company’s stock valued at $39,115,000 after buying an additional 518,636 shares during the last quarter. Vanguard Group Inc. grew its holdings in Dayforce by 1.7% in the 2nd quarter. Vanguard Group Inc. now owns 17,648,163 shares of the company’s stock valued at $977,532,000 after buying an additional 296,198 shares during the last quarter. Holocene Advisors LP increased its position in Dayforce by 289.8% in the 2nd quarter. Holocene Advisors LP now owns 308,274 shares of the company’s stock worth $17,075,000 after buying an additional 229,185 shares during the period. Finally, Sone Capital Management LLC lifted its holdings in shares of Dayforce by 152.6% during the second quarter. Sone Capital Management LLC now owns 360,189 shares of the company’s stock worth $19,951,000 after buying an additional 217,576 shares during the last quarter.

Dayforce Trading Up 1.5%

Shares of Dayforce stock opened at $69.97 on Friday. Dayforce, Inc. has a 12-month low of $48.01 and a 12-month high of $72.28. The stock has a market capitalization of $11.20 billion, a P/E ratio of -74.44, a price-to-earnings-growth ratio of 2.13 and a beta of 1.16. The company has a 50-day simple moving average of $69.46 and a 200 day simple moving average of $68.01. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.23.

Insider Activity

In other news, insider Jeffrey Scott Jacobs sold 500 shares of the business’s stock in a transaction that occurred on Monday, January 26th. The stock was sold at an average price of $69.36, for a total value of $34,680.00. Following the transaction, the insider directly owned 48,901 shares of the company’s stock, valued at $3,391,773.36. The trade was a 1.01% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 4.50% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently issued reports on DAY. Weiss Ratings restated a “sell (d)” rating on shares of Dayforce in a research note on Monday, December 29th. Needham & Company LLC reissued a “hold” rating on shares of Dayforce in a report on Thursday, October 30th. Zacks Research upgraded shares of Dayforce from a “strong sell” rating to a “hold” rating in a research report on Tuesday, December 30th. Finally, UBS Group lowered shares of Dayforce from a “strong-buy” rating to a “hold” rating in a research report on Saturday, November 15th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Dayforce has a consensus rating of “Hold” and an average price target 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.