Regentatlantic Capital LLC raised its position in CA, Inc. (NASDAQ:CA) by 4.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 346,512 shares of the technology company’s stock after buying an additional 15,376 shares during the period. CA comprises about 0.9% of Regentatlantic Capital LLC’s portfolio, making the stock its 27th largest holding. Regentatlantic Capital LLC owned approximately 0.08% of CA worth $11,532,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently bought and sold shares of the stock. Palo Capital Inc. boosted its holdings in shares of CA by 7.5% during the 4th quarter. Palo Capital Inc. now owns 26,788 shares of the technology company’s stock worth $892,000 after purchasing an additional 1,860 shares during the last quarter. Livforsakringsbolaget Skandia Omsesidigt lifted its holdings in CA by 221.6% in the fourth quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 126,838 shares of the technology company’s stock valued at $4,221,000 after acquiring an additional 87,400 shares during the last quarter. Schwab Charles Investment Management Inc. lifted its holdings in CA by 8.3% in the fourth quarter. Schwab Charles Investment Management Inc. now owns 1,748,688 shares of the technology company’s stock valued at $58,197,000 after acquiring an additional 133,741 shares during the last quarter. CrestPoint Capital Management LLC acquired a new position in CA in the fourth quarter valued at approximately $463,000. Finally, Bank of Montreal Can lifted its holdings in CA by 0.8% in the fourth quarter. Bank of Montreal Can now owns 429,714 shares of the technology company’s stock valued at $14,302,000 after acquiring an additional 3,370 shares during the last quarter. Institutional investors own 68.98% of the company’s stock.
Shares of CA, Inc. (CA) traded up $0.57 during midday trading on Wednesday, reaching $34.75. The company’s stock had a trading volume of 2,996,781 shares, compared to its average volume of 2,765,319. The stock has a market capitalization of $14,183.76, a price-to-earnings ratio of 34.41, a price-to-earnings-growth ratio of 4.31 and a beta of 0.70. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 0.44. CA, Inc. has a 52 week low of $30.45 and a 52 week high of $36.56.
CA (NASDAQ:CA) last announced its earnings results on Tuesday, January 30th. The technology company reported $0.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.55 by $0.20. CA had a return on equity of 16.52% and a net margin of 10.23%. The company had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.07 billion. During the same quarter in the previous year, the company earned $0.63 earnings per share. The firm’s quarterly revenue was up 8.5% compared to the same quarter last year. analysts predict that CA, Inc. will post 2.37 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 13th. Stockholders of record on Thursday, February 22nd will be given a dividend of $0.255 per share. This represents a $1.02 dividend on an annualized basis and a dividend yield of 2.94%. The ex-dividend date is Wednesday, February 21st. CA’s dividend payout ratio is currently 100.99%.
A number of research firms recently commented on CA. Argus reiterated a “buy” rating and issued a $33.70 price objective (down from $40.00) on shares of CA in a report on Wednesday, February 7th. 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 upgraded CA from a “hold” rating to a “buy” rating and set a $40.00 price objective on the stock in a report on Friday, February 2nd. Jefferies Group reiterated a “buy” rating and issued a $41.00 price objective on shares of CA in a report on Wednesday, January 31st. Finally, Barclays upped their price objective on CA from $34.00 to $37.00 and gave the company an “equal weight” rating in a report on Wednesday, January 31st. Two 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 company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $34.23.
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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.
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