Workday Inc (WDAY) Holdings Boosted by Great West Life Assurance Co. Can

Great West Life Assurance Co. Can grew its holdings in shares of Workday Inc (NASDAQ:WDAY) by 2.5% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 69,208 shares of the software maker’s stock after purchasing an additional 1,690 shares during the period. Great West Life Assurance Co. Can owned approximately 0.05% of Workday worth $7,035,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Renaissance Technologies LLC acquired a new stake in shares of Workday in the 2nd quarter worth approximately $117,209,000. Janus Henderson Group PLC grew its holdings in shares of Workday by 6,210.6% in the 2nd quarter. Janus Henderson Group PLC now owns 1,038,153 shares of the software maker’s stock worth $100,701,000 after acquiring an additional 1,021,702 shares during the period. Vanguard Group Inc. grew its holdings in shares of Workday by 8.5% in the 2nd quarter. Vanguard Group Inc. now owns 10,782,861 shares of the software maker’s stock worth $1,045,937,000 after acquiring an additional 846,809 shares during the period. Balyasny Asset Management LLC grew its holdings in shares of Workday by 492.8% in the 2nd quarter. Balyasny Asset Management LLC now owns 383,164 shares of the software maker’s stock worth $37,167,000 after acquiring an additional 318,523 shares during the period. Finally, AO Asset Management LLC acquired a new stake in shares of Workday in the 2nd quarter worth approximately $26,306,000. Institutional investors own 67.58% of the company’s stock.

In related news, COO James Bozzini sold 13,700 shares of the stock in a transaction on Wednesday, September 27th. The stock was sold at an average price of $99.99, for a total value of $1,369,863.00. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director David A. Duffield sold 600 shares of the stock in a transaction on Monday, October 16th. The stock was sold at an average price of $108.17, for a total value of $64,902.00. The disclosure for this sale can be found here. Insiders sold a total of 1,531,940 shares of company stock worth $165,477,624 over the last ninety days. Corporate insiders own 37.71% of the company’s stock.

A number of research firms recently weighed in on WDAY. Cowen restated a “market perform” rating and issued a $100.00 price target (up previously from $93.00) on shares of Workday in a report on Thursday, August 31st. Wedbush restated a “neutral” rating and issued a $104.00 price target on shares of Workday in a report on Thursday, August 31st. Mitsubishi UFJ Financial Group restated a “buy” rating and issued a $116.00 price target (up previously from $106.00) on shares of Workday in a report on Thursday, August 31st. Jefferies Group restated a “hold” rating and issued a $92.00 price target on shares of Workday in a report on Tuesday, August 29th. Finally, KeyCorp restated a “hold” rating on shares of Workday in a report on Thursday, August 31st. Four equities research analysts have rated the stock with a sell rating, twenty-two have issued a hold rating and fourteen have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $103.03.

Workday Inc (WDAY) opened at $102.35 on Thursday. The company has a current ratio of 2.11, a quick ratio of 2.11 and a debt-to-equity ratio of 0.74. Workday Inc has a 52-week low of $65.79 and a 52-week high of $116.89.

Workday (NASDAQ:WDAY) last issued its earnings results on Wednesday, November 29th. The software maker reported $0.24 earnings per share for the quarter, topping the consensus estimate of $0.14 by $0.10. The business had revenue of $555.40 million for the quarter, compared to analyst estimates of $541.05 million. Workday had a negative return on equity of 19.73% and a negative net margin of 16.91%. The business’s quarterly revenue was up 35.6% on a year-over-year basis. During the same period last year, the company posted $0.03 EPS. equities research analysts predict that Workday Inc will post -1.12 EPS for the current year.

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Workday Company Profile

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.

Institutional Ownership by Quarter for Workday (NASDAQ:WDAY)

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