Candriam Luxembourg S.C.A. maintained its stake in shares of Workday, Inc. (NYSE:WDAY) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 7,689 shares of the software maker’s stock at the end of the second quarter. Candriam Luxembourg S.C.A.’s holdings in Workday were worth $746,000 as of its most recent SEC filing.
Other hedge funds have also made changes to their positions in the company. World Asset Management Inc raised its stake in shares of Workday by 10.7% in the second quarter. World Asset Management Inc now owns 5,943 shares of the software maker’s stock worth $576,000 after buying an additional 575 shares during the last quarter. Bessemer Group Inc. raised its stake in shares of Workday by 1.2% in the second quarter. Bessemer Group Inc. now owns 21,687 shares of the software maker’s stock worth $2,104,000 after buying an additional 247 shares during the last quarter. Winfield Associates Inc. raised its stake in shares of Workday by 136.4% in the second quarter. Winfield Associates Inc. now owns 1,040 shares of the software maker’s stock worth $101,000 after buying an additional 600 shares during the last quarter. Great West Life Assurance Co. Can raised its stake in shares of Workday by 6.4% in the second quarter. Great West Life Assurance Co. Can now owns 67,518 shares of the software maker’s stock worth $6,540,000 after buying an additional 4,081 shares during the last quarter. Finally, Public Employees Retirement Association of Colorado raised its stake in shares of Workday by 1.7% in the second quarter. Public Employees Retirement Association of Colorado now owns 24,984 shares of the software maker’s stock worth $2,423,000 after buying an additional 407 shares during the last quarter.
Shares of Workday, Inc. (WDAY) opened at 102.37 on Tuesday. The stock’s market capitalization is $21.19 billion. The stock’s 50 day moving average price is $100.81 and its 200 day moving average price is $92.22. Workday, Inc. has a one year low of $65.79 and a one year high of $106.75.
Workday (NYSE:WDAY) last released its earnings results on Thursday, June 1st. The software maker reported $0.29 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.13. The business had revenue of $479.90 million for the quarter, compared to the consensus estimate of $468.07 million. Workday had a negative return on equity of 27.75% and a negative net margin of 22.99%. The business’s quarterly revenue was up 38.0% compared to the same quarter last year. During the same quarter last year, the business posted $0.05 earnings per share. Equities research analysts predict that Workday, Inc. will post $0.65 EPS for the current fiscal year.
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A number of analysts recently commented on the company. BidaskClub raised Workday from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, August 8th. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $106.00 price target on shares of Workday in a research note on Sunday, August 6th. Northland Securities reaffirmed a “hold” rating and issued a $90.00 price target on shares of Workday in a research note on Friday, July 28th. J P Morgan Chase & Co raised their price target on Workday to $115.00 and gave the stock an “overweight” rating in a research note on Thursday, July 13th. Finally, Canaccord Genuity reaffirmed a “buy” rating and issued a $115.00 price target on shares of Workday in a research note on Friday, July 7th. Four analysts have rated the stock with a sell rating, twenty-two have assigned a hold rating, fifteen have assigned a buy rating and one has given a strong buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $92.37.
In related news, CFO Robynne Sisco sold 1,043 shares of Workday stock in a transaction that occurred on Monday, June 5th. The stock was sold at an average price of $102.91, for a total transaction of $107,335.13. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, SVP James P. Shaughnessy sold 8,760 shares of Workday stock in a transaction that occurred on Monday, July 17th. The stock was sold at an average price of $103.62, for a total value of $907,711.20. The disclosure for this sale can be found here. In the last 90 days, insiders sold 1,252,638 shares of company stock worth $124,884,087. Company insiders own 37.71% of the company’s stock.
About Workday
Workday, Inc is a provider of enterprise cloud applications for finance and human resources. The Company delivers financial management, human capital management and analytics applications designed for various companies, educational institutions and government agencies. As part of its applications, the Company provides embedded analytics that capture the content and context of everyday business events, facilitating informed decision-making from wherever users are working.
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