Nomura Holdings Inc. Purchases Shares of 23,660 CA Inc. (CA)

Nomura Holdings Inc. bought a new position in CA Inc. (NASDAQ:CA) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 23,660 shares of the technology company’s stock, valued at approximately $815,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Hefty Wealth Partners lifted its position in CA by 0.6% during the second quarter. Hefty Wealth Partners now owns 5,316 shares of the technology company’s stock valued at $183,000 after purchasing an additional 32 shares during the period. Advisor Partners LLC lifted its position in CA by 0.9% during the second quarter. Advisor Partners LLC now owns 7,353 shares of the technology company’s stock valued at $253,000 after purchasing an additional 64 shares during the period. Louisiana State Employees Retirement System lifted its position in CA by 0.5% during the second quarter. Louisiana State Employees Retirement System now owns 19,400 shares of the technology company’s stock valued at $669,000 after purchasing an additional 100 shares during the period. Sii Investments Inc. WI lifted its position in CA by 1.7% during the second quarter. Sii Investments Inc. WI now owns 8,039 shares of the technology company’s stock valued at $278,000 after purchasing an additional 131 shares during the period. Finally, D.A. Davidson & CO. lifted its position in CA by 4.2% during the second quarter. D.A. Davidson & CO. now owns 4,227 shares of the technology company’s stock valued at $145,000 after purchasing an additional 169 shares during the period. Hedge funds and other institutional investors own 67.43% of the company’s stock.

CA Inc. (CA) traded up 0.74% during trading on Friday, reaching $32.87. 4,022,586 shares of the company’s stock traded hands. The company has a 50-day moving average price of $33.46 and a 200 day moving average price of $32.89. CA Inc. has a one year low of $30.01 and a one year high of $36.54. The firm has a market capitalization of $13.85 billion, a PE ratio of 18.26 and a beta of 0.83.

CA (NASDAQ:CA) last released its quarterly earnings data on Wednesday, October 25th. The technology company reported $0.62 earnings per share for the quarter, meeting the consensus estimate of $0.62. The business had revenue of $1.03 billion for the quarter, compared to analyst estimates of $1.05 billion. CA had a return on equity of 15.74% and a net margin of 17.83%. The company’s revenue was up 1.6% compared to the same quarter last year. During the same period in the previous year, the company posted $0.67 EPS. On average, analysts anticipate that CA Inc. will post $2.46 earnings per share for the current fiscal year.

A number of analysts have commented on the stock. Barclays PLC reduced their target price on shares of CA from $36.00 to $34.00 and set an “equal weight” rating for the company in a report on Thursday. BidaskClub raised shares of CA from a “strong sell” rating to a “sell” rating in a report on Wednesday, August 9th. Mizuho reaffirmed a “hold” rating and set a $34.00 target price on shares of CA in a report on Friday, July 28th. ValuEngine raised shares of CA from a “hold” rating to a “buy” rating in a report on Monday, September 11th. Finally, Zacks Investment Research raised shares of CA from a “sell” rating to a “hold” rating and set a $38.00 target price for the company in a report on Tuesday, July 11th. Four research analysts have rated the stock with a sell rating, ten have given a hold rating and six have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $34.75.

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In related news, insider Michael P. Gregoire sold 71,235 shares of the business’s stock in a transaction that occurred on Monday, September 11th. The stock was sold at an average price of $33.38, for a total transaction of $2,377,824.30. Following the transaction, the insider now directly owns 285,652 shares of the company’s stock, valued at approximately $9,535,063.76. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Ayman Sayed sold 12,920 shares of the company’s stock in a transaction that occurred on Friday, August 11th. The shares were sold at an average price of $32.19, for a total value of $415,894.80. Following the completion of the transaction, the insider now directly owns 114,422 shares in the company, valued at $3,683,244.18. The disclosure for this sale can be found here. Insiders have sold a total of 286,056 shares of company stock worth $9,330,507 over the last three months. 0.90% of the stock is currently owned by corporate insiders.

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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