Workday Inc (WDAY) Shares Bought by Mn Services Vermogensbeheer B.V.

Mn Services Vermogensbeheer B.V. lifted its position in shares of Workday Inc (NYSE:WDAY) by 6.4% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 21,594 shares of the software maker’s stock after buying an additional 1,300 shares during the period. Mn Services Vermogensbeheer B.V.’s holdings in Workday were worth $2,276,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Winfield Associates Inc. increased its holdings in shares of Workday by 136.4% during the 2nd 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. First Personal Financial Services increased its holdings in shares of Workday by 21.2% during the 2nd quarter. First Personal Financial Services now owns 1,057 shares of the software maker’s stock worth $103,000 after buying an additional 185 shares during the last quarter. Global X Management Co. LLC increased its holdings in shares of Workday by 9.3% during the 2nd quarter. Global X Management Co. LLC now owns 1,136 shares of the software maker’s stock worth $110,000 after buying an additional 97 shares during the last quarter. IFP Advisors Inc increased its holdings in Workday by 17.6% in the 2nd quarter. IFP Advisors Inc now owns 1,176 shares of the software maker’s stock valued at $114,000 after purchasing an additional 176 shares in the last quarter. Finally, Advisor Group Inc. increased its holdings in Workday by 22.5% in the 2nd quarter. Advisor Group Inc. now owns 1,283 shares of the software maker’s stock valued at $123,000 after purchasing an additional 236 shares in the last quarter. Institutional investors and hedge funds own 67.08% of the company’s stock.

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A number of equities analysts have weighed in on WDAY shares. Mitsubishi UFJ Financial Group reissued a “buy” rating and issued a $116.00 price objective (up from $106.00) on shares of Workday in a research report on Thursday, August 31st. Cowen and Company reissued a “market perform” rating and issued a $100.00 price objective (up from $93.00) on shares of Workday in a research report on Thursday, August 31st. Wedbush reissued a “neutral” rating and issued a $104.00 price objective on shares of Workday in a research report on Thursday, August 31st. Jefferies Group LLC reissued a “hold” rating and issued a $92.00 price objective on shares of Workday in a research report on Tuesday, August 29th. Finally, KeyCorp reissued a “hold” rating on shares of Workday in a research report on Thursday, August 31st. Four investment analysts have rated the stock with a sell rating, twenty-two have issued a hold rating and sixteen have given a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $100.15.

In other news, insider Mark S. Peek sold 10,249 shares of Workday stock in a transaction dated Tuesday, August 15th. The shares were sold at an average price of $102.00, for a total transaction of $1,045,398.00. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Robynne Sisco sold 1,470 shares of Workday stock in a transaction dated Tuesday, August 15th. The shares were sold at an average price of $101.70, for a total transaction of $149,499.00. The disclosure for this sale can be found here. Insiders sold a total of 1,575,678 shares of company stock worth $170,655,114 over the last 90 days. Company insiders own 37.71% of the company’s stock.

Shares of Workday Inc (WDAY) opened at $110.88 on Thursday. The company has a quick ratio of 1.54, a current ratio of 1.54 and a debt-to-equity ratio of 0.16. Workday Inc has a 12-month low of $65.79 and a 12-month high of $111.94.

Workday (NYSE:WDAY) last posted its quarterly earnings results on Wednesday, August 30th. The software maker reported $0.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.15 by $0.09. The company had revenue of $525.30 million for the quarter, compared to analyst estimates of $507.44 million. Workday had a negative net margin of 15.71% and a negative return on equity of 24.60%. The business’s quarterly revenue was up 40.6% on a year-over-year basis. During the same period last year, the business posted ($0.04) EPS.

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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Institutional Ownership by Quarter for Workday (NYSE:WDAY)

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