114,981 Shares in CA, Inc. (NASDAQ:CA) Purchased by Stoneridge Investment Partners LLC

Stoneridge Investment Partners LLC acquired a new stake in CA, Inc. (NASDAQ:CA) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 114,981 shares of the technology company’s stock, valued at approximately $3,827,000.

Other large investors have also recently modified their holdings of the company. Fieldpoint Private Securities LLC purchased a new position in CA in the third quarter valued at about $101,000. Ladenburg Thalmann Financial Services Inc. boosted its position in shares of CA by 56.3% in the third quarter. Ladenburg Thalmann Financial Services Inc. now owns 6,270 shares of the technology company’s stock worth $210,000 after buying an additional 2,259 shares during the period. Magnetar Financial LLC purchased a new stake in shares of CA in the third quarter worth about $231,000. Atria Investments LLC acquired a new stake in shares of CA in the fourth quarter valued at about $248,000. Finally, SeaCrest Wealth Management LLC acquired a new stake in shares of CA in the fourth quarter valued at about $248,000. Institutional investors and hedge funds own 68.98% of the company’s stock.

Several brokerages have recently weighed in on CA. Barclays decreased their target price on shares of CA from $36.00 to $34.00 and set an “equal weight” rating for the company in a research note on Thursday, October 26th. Evercore ISI reiterated a “sell” rating and issued a $36.00 price objective on shares of CA in a report on Friday, February 2nd. Zacks Investment Research raised shares of CA from a “hold” rating to a “buy” rating and set a $37.00 price objective for the company in a research report on Monday, October 30th. Mizuho reaffirmed a “hold” rating and set a $34.00 target price on shares of CA in a research report on Wednesday, October 25th. Finally, Credit Suisse Group boosted their price target on CA from $34.00 to $36.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 31st. Two analysts have rated the stock with a sell rating, ten have issued a hold rating and six have given a buy rating to the company. The company has an average rating of “Hold” and an average target price of $34.23.

Shares of CA, Inc. (NASDAQ:CA) traded up $0.16 during mid-day trading on Wednesday, hitting $34.18. 2,343,500 shares of the stock traded hands, compared to its average volume of 2,708,857. The company has a market capitalization of $14,183.76, a PE ratio of 34.13, a price-to-earnings-growth ratio of 4.31 and a beta of 0.70. CA, Inc. has a twelve month low of $30.45 and a twelve month high of $36.56. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 0.44.

CA (NASDAQ:CA) last announced its quarterly earnings data on Tuesday, January 30th. The technology company reported $0.75 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.55 by $0.20. The firm had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.07 billion. CA had a return on equity of 16.52% and a net margin of 10.23%. CA’s revenue for the quarter was up 8.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.63 earnings per share. equities research analysts expect that CA, Inc. will post 2.37 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 13th. Investors of record on Thursday, February 22nd will be given a dividend of $0.255 per share. This represents a $1.02 annualized dividend and a dividend yield of 2.98%. The ex-dividend date is Wednesday, February 21st. CA’s dividend payout ratio is currently 100.99%.

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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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