Public Employees Retirement Association of Colorado raised its position in shares of Workday Inc (NASDAQ:WDAY) by 3.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,746 shares of the software maker’s stock after purchasing an additional 940 shares during the period. Public Employees Retirement Association of Colorado’s holdings in Workday were worth $2,619,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of WDAY. Janus Henderson Group PLC raised its stake in shares of Workday by 0.4% in the 3rd quarter. Janus Henderson Group PLC now owns 1,042,200 shares of the software maker’s stock valued at $109,838,000 after acquiring an additional 4,047 shares in the last quarter. Sumitomo Mitsui Asset Management Company LTD raised its stake in shares of Workday by 3.2% in the 4th quarter. Sumitomo Mitsui Asset Management Company LTD now owns 610,443 shares of the software maker’s stock valued at $62,106,000 after acquiring an additional 19,122 shares in the last quarter. Legal & General Group Plc raised its stake in shares of Workday by 1.8% in the 3rd quarter. Legal & General Group Plc now owns 549,008 shares of the software maker’s stock valued at $57,860,000 after acquiring an additional 9,631 shares in the last quarter. Mitsubishi UFJ Trust & Banking Corp raised its stake in shares of Workday by 2.9% in the 3rd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 513,828 shares of the software maker’s stock valued at $54,152,000 after acquiring an additional 14,265 shares in the last quarter. Finally, Sumitomo Mitsui Trust Holdings Inc. raised its stake in shares of Workday by 18.2% in the 3rd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 488,406 shares of the software maker’s stock valued at $51,473,000 after acquiring an additional 75,058 shares in the last quarter. 66.89% of the stock is owned by institutional investors.

Shares of Workday Inc (WDAY) opened at $116.63 on Wednesday. Workday Inc has a fifty-two week low of $80.61 and a fifty-two week high of $121.98. The firm has a market capitalization of $24,490.00, a P/E ratio of -80.99 and a beta of 2.01. 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 (NASDAQ:WDAY) last announced its quarterly earnings data on Wednesday, November 29th. The software maker reported $0.24 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.14 by $0.10. Workday had a negative return on equity of 19.73% and a negative net margin of 16.91%. The company had revenue of $555.40 million for the quarter, compared to analyst estimates of $541.05 million. During the same quarter last year, the firm earned $0.03 EPS. Workday’s revenue for the quarter was up 35.6% compared to the same quarter last year. research analysts expect that Workday Inc will post -1.1 earnings per share for the current fiscal year.

A number of brokerages recently weighed in on WDAY. Cleveland Research started coverage on Workday in a research note on Wednesday, January 31st. They issued a “buy” rating on the stock. Bank of America lifted their price target on Workday from $123.00 to $134.00 and gave the stock a “buy” rating in a research report on Monday, November 27th. BidaskClub raised Workday from a “hold” rating to a “buy” rating in a research report on Wednesday, February 7th. JPMorgan Chase & Co. reaffirmed a “buy” rating and issued a $120.00 price target on shares of Workday in a research report on Tuesday, November 28th. Finally, Guggenheim reaffirmed a “hold” rating and issued a $106.00 price target on shares of Workday in a research report on Thursday, January 11th. Two research analysts have rated the stock with a sell rating, nineteen have issued a hold rating and eighteen have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $107.52.

In related news, insider Mark S. Peek sold 15,000 shares of the business’s stock in a transaction on Tuesday, January 2nd. The stock was sold at an average price of $100.92, for a total value of $1,513,800.00. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Aneel Bhusri sold 75,000 shares of the business’s stock in a transaction on Friday, December 1st. The shares were sold at an average price of $100.34, for a total value of $7,525,500.00. The disclosure for this sale can be found here. In the last ninety days, insiders sold 1,197,306 shares of company stock worth $126,753,397. 37.71% of the stock is owned by insiders.

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Workday 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.

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Institutional Ownership by Quarter for Workday (NASDAQ:WDAY)

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