Robeco Institutional Asset Management B.V Increases Stake in Ceridian HCM Holding on August 4, 2023
August 10, 2023
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On August 4, 2023, Robeco Institutional Asset Management B.V increased their stake in Ceridian ($NYSE:CDAY) HCM Holding Inc. Ceridian HCM Holding Inc. is a leading global provider of human capital management (HCM) software and services. The company’s solutions help employers manage the entire employee lifecycle from recruitment and onboarding to payroll, benefits, performance management, and workforce analytics. Ceridian’s products are designed to help employers reduce costs and improve the productivity of their workforce. The firm manages a diverse range of asset classes including private equity, real estate, fixed income, and equity investments.
They are also involved in venture capital and hedge fund investments. The firm is dedicated to helping its clients meet their long-term financial goals by providing a wide variety of investment solutions.
Market Price
The stock opened at $71.4 and closed at $73.3, which was an increase of 2.4% from its previous closing price of $71.5. This move by Robeco further solidified their commitment to the company and showed how the investors have faith in its future prospects. With the increased stake, CERIDIAN HCM HOLDING Inc. now has the opportunity to further expand and strengthen its presence in the market. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for CDAY. More…
| Total Revenues | Net Income | Net Margin |
| 1.39k | -13.2 | -1.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for CDAY. More…
| Operations | Investing | Financing |
| 186.9 | -75.3 | -1.06k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for CDAY. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 8.12k | 5.88k | 14.4 |
Key Ratios Snapshot
Some of the financial key ratios for CDAY are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 18.3% | 6.1% | 4.5% |
| FCF Margin | ROE | ROA |
| 5.6% | 1.8% | 0.5% |
Analysis
At GoodWhale, we recently conducted an analysis of CERIDIAN HCM HOLDING’s wellbeing. Our Risk Rating for the company indicated a medium risk investment in terms of both financial and business aspects. In relation to the cashflow statement, we identified two specific risk warnings that investors should be aware of. These include both financial and non-financial risks that could affect the company’s future performance. We encourage investors to access our platform on goodwhale.com for further insights regarding the risk warnings and our overall assessment of the company. Our comprehensive analysis can help to determine if CERIDIAN HCM HOLDING is a suitable investment for you. More…
Peers
Workiva Inc, Weave Communications Inc, My Rewards International Ltd are all competitors in the same industry.
– Workiva Inc ($NYSE:WK)
Workiva Inc is a provider of cloud-based solutions for enterprise productivity. The company has a market cap of 3.82B as of 2022 and a Return on Equity of -224.13%. Workiva’s solutions are used by organizations to manage their financial reporting, compliance, and data management processes. The company’s products are used by over 3,000 customers in more than 100 countries. Workiva was founded in 2008 and is headquartered in Ames, Iowa.
– Weave Communications Inc ($NYSE:WEAV)
Weave Communications Inc is a US-based company that provides cloud-based communication solutions for small businesses. The company has a market capitalization of 395.09M as of 2022 and a return on equity of -35.73%. Weave Communications Inc’s products and services include VoIP phone systems, business texting, and CRM integration. The company serves customers in the United States, Canada, and Australia.
Summary
Robeco Institutional Asset Management B.V. recently showed their confidence in Ceridian HCM Holding Inc. by increasing their stake in the company. This surge marks a major shift in the market, as investors will now be more likely to consider Ceridian HCM as a viable investment option. Analysts have noted that Ceridian HCM’s strong financial performance and diverse product portfolio have made it an attractive option for those looking for a safe and reliable return on investment.
Ceridian HCM also boasts an impressive track record of exceeding its competitors’ performance in terms of customer satisfaction, efficiency, and innovation. With this recent surge in interest, the future looks bright for investors looking to Ceridian HCM as a potential source of returns.
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