Livforsakringsbolaget Skandia Omsesidigt Increases Stake in CA, Inc. (CA)

Livforsakringsbolaget Skandia Omsesidigt increased its position in CA, Inc. (NASDAQ:CA) by 221.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 126,838 shares of the technology company’s stock after purchasing an additional 87,400 shares during the period. Livforsakringsbolaget Skandia Omsesidigt’s holdings in CA were worth $4,221,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. California State Teachers Retirement System boosted its stake in CA by 2.1% in the 2nd quarter. California State Teachers Retirement System now owns 610,877 shares of the technology company’s stock worth $21,057,000 after purchasing an additional 12,408 shares in the last quarter. Sii Investments Inc. WI boosted its stake in CA by 1.7% in the 2nd quarter. Sii Investments Inc. WI now owns 8,039 shares of the technology company’s stock worth $278,000 after purchasing an additional 131 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in CA by 26.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,148 shares of the technology company’s stock worth $108,000 after purchasing an additional 654 shares in the last quarter. The Manufacturers Life Insurance Company boosted its stake in CA by 1.1% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 367,111 shares of the technology company’s stock worth $12,654,000 after purchasing an additional 4,044 shares in the last quarter. Finally, Sun Life Financial INC boosted its stake in CA by 3,772.8% in the 2nd quarter. Sun Life Financial INC now owns 6,700 shares of the technology company’s stock worth $231,000 after purchasing an additional 6,527 shares in the last quarter. Institutional investors own 68.77% of the company’s stock.

A number of equities analysts have weighed in on the company. BidaskClub lowered CA from a “sell” rating to a “strong sell” rating in a research report on Thursday, November 9th. Zacks Investment Research raised CA from a “hold” rating to a “buy” rating and set a $37.00 target price for the company in a research report on Monday, October 30th. Barclays decreased their target price on CA from $36.00 to $34.00 and set an “equal weight” rating for the company in a research report on Thursday, October 26th. Finally, Mizuho reissued a “hold” rating and issued a $34.00 target price on shares of CA in a research report on Wednesday, October 25th. Three research analysts have rated the stock with a sell rating, ten have given a hold rating and five have given a buy rating to the company. CA presently has an average rating of “Hold” and an average price target of $33.70.

In other news, EVP Lauren Patricia Flaherty sold 24,843 shares of the company’s stock in a transaction dated Wednesday, November 1st. The shares were sold at an average price of $32.59, for a total transaction of $809,633.37. Following the completion of the sale, the executive vice president now owns 82,000 shares of the company’s stock, valued at approximately $2,672,380. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.90% of the stock is owned by corporate insiders.

Shares of CA, Inc. (NASDAQ CA) opened at $34.47 on Thursday. CA, Inc. has a 52-week low of $30.45 and a 52-week high of $36.54. The company has a market cap of $14,238.85, a PE ratio of 19.81, a PEG ratio of 4.54 and a beta of 0.74. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.24 and a current ratio of 1.24.

CA (NASDAQ:CA) last released its quarterly earnings results on Wednesday, October 25th. The technology company reported $0.62 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.62. CA had a net margin of 17.83% and a return on equity of 15.74%. The firm had revenue of $1.03 billion during the quarter, compared to analyst estimates of $1.05 billion. During the same quarter in the prior year, the firm earned $0.67 EPS. The business’s revenue for the quarter was up 1.6% compared to the same quarter last year. sell-side analysts expect that CA, Inc. will post 2.25 earnings per share for the current fiscal year.

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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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