CA Inc. (CA) Shares Bought by Toronto Dominion Bank

Toronto Dominion Bank boosted its position in shares of CA Inc. (NASDAQ:CA) by 25.3% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 106,726 shares of the technology company’s stock after acquiring an additional 21,532 shares during the quarter. Toronto Dominion Bank’s holdings in CA were worth $3,678,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in CA. Vanguard Group Inc. boosted its stake in shares of CA by 22.3% in the 2nd quarter. Vanguard Group Inc. now owns 32,166,860 shares of the technology company’s stock valued at $1,108,792,000 after buying an additional 5,855,217 shares during the period. Bank of New York Mellon Corp boosted its stake in shares of CA by 11.1% in the 2nd quarter. Bank of New York Mellon Corp now owns 27,003,706 shares of the technology company’s stock valued at $930,816,000 after buying an additional 2,691,791 shares during the period. Macquarie Group Ltd. boosted its stake in shares of CA by 2.1% in the 1st quarter. Macquarie Group Ltd. now owns 23,725,398 shares of the technology company’s stock valued at $752,570,000 after buying an additional 479,924 shares during the period. BlackRock Inc. boosted its stake in shares of CA by 1.5% in the 2nd quarter. BlackRock Inc. now owns 21,017,338 shares of the technology company’s stock valued at $724,466,000 after buying an additional 300,439 shares during the period. Finally, Dimensional Fund Advisors LP boosted its stake in shares of CA by 3.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 5,800,913 shares of the technology company’s stock valued at $199,953,000 after buying an additional 170,063 shares during the period. Institutional investors own 67.49% of the company’s stock.

In other news, EVP Jacob Lamm sold 16,349 shares of the stock in a transaction that occurred on Monday, September 11th. The stock was sold at an average price of $33.45, for a total transaction of $546,874.05. Following the sale, the executive vice president now directly owns 45,483 shares in the company, valued at approximately $1,521,406.35. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Michael P. Gregoire sold 71,235 shares of the stock in a transaction that occurred on Monday, September 11th. The stock was sold at an average price of $33.38, for a total value of $2,377,824.30. Following the sale, the insider now owns 285,652 shares in the company, valued at $9,535,063.76. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 286,056 shares of company stock worth $9,330,507. 0.90% of the stock is currently owned by company insiders.

CA Inc. (CA) opened at 34.10 on Friday. The firm has a market cap of $14.37 billion, a price-to-earnings ratio of 18.94 and a beta of 0.83. The firm’s 50-day moving average price is $33.38 and its 200 day moving average price is $32.83. CA Inc. has a 52-week low of $30.01 and a 52-week high of $36.54.

CA (NASDAQ:CA) last released its earnings results on Wednesday, August 2nd. The technology company reported $0.61 EPS for the quarter, topping analysts’ consensus estimates of $0.55 by $0.06. CA had a return on equity of 16.54% and a net margin of 18.59%. The company had revenue of $1.03 billion for the quarter, compared to the consensus estimate of $1.01 billion. During the same quarter last year, the business posted $0.64 EPS. CA’s quarterly revenue was up 2.6% compared to the same quarter last year. On average, equities research analysts forecast that CA Inc. will post $2.46 EPS for the current year.

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Several brokerages have recently issued reports on CA. Sanford C. Bernstein reiterated an “underperform” rating and issued a $28.00 price objective on shares of CA in a research note on Wednesday, June 28th. Citigroup Inc. lifted their price objective on CA from $34.00 to $36.00 and gave the company a “neutral” rating in a research note on Wednesday, June 28th. Zacks Investment Research cut CA from a “buy” rating to a “hold” rating in a research note on Monday, July 17th. BidaskClub cut CA from a “hold” rating to a “sell” rating in a research note on Saturday, July 1st. Finally, ValuEngine upgraded CA from a “hold” rating to a “buy” rating in a research note on Monday, September 11th. Four research analysts have rated the stock with a sell rating, ten have given a hold rating and six have given a buy rating to the stock. CA presently has a consensus rating of “Hold” and an average target price of $34.88.

About CA

CA, Inc (CA) is engaged in providing software solutions enabling customers to plan, develop, manage and secure applications and enterprise environments across distributed, cloud, mobile and mainframe platforms. The Company operates through three business segments: Mainframe Solutions, Enterprise Solutions and Services.

Institutional Ownership by Quarter for CA (NASDAQ:CA)

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