CDK Global Inc
Highlights of CalPERS holdings in 4Q14
CalPERS noted that it has recovered approximately $900 million to date from settlements related to investment losses sustained during the financial crisis.
How Has CDK Global Performed in a Competitive Market?
The price-to-sales ratios of CDK Global, Autodesk, Nuance, DST Systems, and Solera are 3.9x, 5.2x, 2.8x, 1.6x, and 3.2x, respectively.
CDK’s Revenue and Income Rise in 1Q16
After releasing its 1Q16 earnings report, CDK Global rose by 0.53% to close at $50.82 per share as of November 3, 2015.
OZ Management Opens New Position in CDK Global
OZ Management commenced a stake in CDK Global Inc. (CDK) by purchasing 4,521,952 shares of the company, representing 0.5% of the fund’s 4Q14 portfolio.
Ascend Capital’s Increased Position in CDK Global
Ascend Capital increased its position in CDK Global Inc. (CDK). It represented 1.85% of the total portfolio in 4Q14—up from 0.15% in the third quarter.
CalPERS adds new position in CDK Global
CDK Global has an increasing focus on utilizing big data analytics and predictive intelligence.