Lenox Wealth Advisors LLC bought a new stake in shares of Workday Inc (NASDAQ:WDAY) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 460 shares of the software maker’s stock, valued at approximately $73,000.
Other large investors have also bought and sold shares of the company. North Star Investment Management Corp. lifted its holdings in shares of Workday by 100.0% during the 4th quarter. North Star Investment Management Corp. now owns 200 shares of the software maker’s stock valued at $32,000 after acquiring an additional 100 shares in the last quarter. Stratos Wealth Partners LTD. acquired a new position in shares of Workday during the 3rd quarter valued at $185,000. Athena Capital Advisors LLC acquired a new position in shares of Workday during the 3rd quarter valued at $202,000. MML Investors Services LLC acquired a new position in shares of Workday during the 3rd quarter valued at $208,000. Finally, Grassi Investment Management acquired a new position in shares of Workday during the 3rd quarter valued at $215,000. Institutional investors and hedge funds own 67.96% of the company’s stock.
WDAY opened at $166.18 on Thursday. The stock has a market capitalization of $35.94 billion, a PE ratio of -130.85 and a beta of 1.81. Workday Inc has a 1-year low of $107.75 and a 1-year high of $172.67. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 0.52.
Workday (NASDAQ:WDAY) last announced its quarterly earnings data on Thursday, November 29th. The software maker reported $0.31 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.45) by $0.76. Workday had a negative net margin of 15.40% and a negative return on equity of 15.98%. The business had revenue of $743.20 million during the quarter, compared to the consensus estimate of $723.38 million. During the same quarter in the prior year, the firm earned $0.24 EPS. The company’s revenue for the quarter was up 33.8% compared to the same quarter last year. On average, equities analysts expect that Workday Inc will post -1.05 EPS for the current year.
In related news, Director David A. Duffield sold 1,434 shares of the business’s stock in a transaction dated Monday, October 15th. The shares were sold at an average price of $127.25, for a total transaction of $182,476.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director David A. Duffield sold 309,667 shares of the business’s stock in a transaction dated Friday, December 7th. The shares were sold at an average price of $161.50, for a total transaction of $50,011,220.50. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 965,462 shares of company stock valued at $157,157,286. Insiders own 33.59% of the company’s stock.
A number of equities analysts have commented on WDAY shares. Monness Crespi & Hardt reiterated a “buy” rating and issued a $185.00 price objective (up previously from $175.00) on shares of Workday in a report on Friday, November 30th. Stifel Nicolaus boosted their price objective on shares of Workday to $160.00 and gave the stock a “hold” rating in a report on Friday, November 30th. Jefferies Financial Group boosted their price objective on shares of Workday from $141.00 to $152.00 and gave the stock a “hold” rating in a report on Friday, November 30th. BidaskClub lowered shares of Workday from a “buy” rating to a “hold” rating in a report on Thursday, October 11th. Finally, BMO Capital Markets boosted their price objective on shares of Workday from $165.00 to $170.00 and gave the stock a “market perform” rating in a report on Friday, November 30th. Two equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating, seventeen have issued a buy rating and two have given a strong buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $157.37.
Workday Company Profile
Workday, Inc provides enterprise cloud applications for finance and human resources worldwide. It provides applications for customers to manage critical business functions to optimize their financial and human capital resources. The company offers Workday Financial Management application that provides functions of general ledger, accounting, accounts payable and receivable, cash and asset management, employee expense and revenue management, projects, procurement, inventory, and grants management.
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