Arizona State Retirement System increased its stake in CA, Inc. (NASDAQ:CA) by 5.5% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 173,783 shares of the technology company’s stock after acquiring an additional 9,107 shares during the quarter. Arizona State Retirement System’s holdings in CA were worth $5,783,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. State Board of Administration of Florida Retirement System increased its holdings in CA by 0.4% in the 3rd quarter. State Board of Administration of Florida Retirement System now owns 453,196 shares of the technology company’s stock worth $15,128,000 after acquiring an additional 1,750 shares in the last quarter. Vident Investment Advisory LLC increased its holdings in CA by 2.7% in the 3rd quarter. Vident Investment Advisory LLC now owns 70,853 shares of the technology company’s stock worth $2,365,000 after acquiring an additional 1,837 shares in the last quarter. Palo Capital Inc. increased its holdings in CA by 7.5% in the 4th quarter. Palo Capital Inc. now owns 26,788 shares of the technology company’s stock worth $892,000 after acquiring an additional 1,860 shares in the last quarter. Public Employees Retirement Association of Colorado increased its holdings in CA by 3.6% in the 4th quarter. Public Employees Retirement Association of Colorado now owns 57,393 shares of the technology company’s stock worth $1,910,000 after acquiring an additional 2,008 shares in the last quarter. Finally, Pacer Advisors Inc. increased its holdings in CA by 13.3% in the 3rd quarter. Pacer Advisors Inc. now owns 17,571 shares of the technology company’s stock worth $587,000 after acquiring an additional 2,060 shares in the last quarter. 68.89% of the stock is owned by institutional investors.
CA, Inc. (NASDAQ:CA) opened at $35.43 on Friday. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 0.44. The firm has a market cap of $14,529.81, a PE ratio of 15.22, a PEG ratio of 4.41 and a beta of 0.70. CA, Inc. has a 1 year low of $30.45 and a 1 year high of $36.56.
CA (NASDAQ:CA) last announced its quarterly earnings results on Tuesday, January 30th. The technology company reported $0.75 earnings per share for the quarter, beating the 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 net margin of 10.23% and a return on equity of 16.52%. The company’s revenue was up 8.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.63 EPS. analysts expect that CA, Inc. will post 2.37 earnings per share for the current year.
The company also recently declared 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. The ex-dividend date is Wednesday, February 21st. This represents a $1.02 annualized dividend and a dividend yield of 2.88%. CA’s payout ratio is 100.99%.
A number of equities research analysts have recently issued reports on CA shares. Zacks Investment Research raised shares of CA from a “hold” rating to a “buy” rating and set a $40.00 target price for the company in a report on Friday, February 2nd. Jefferies Group reaffirmed a “buy” rating and set a $41.00 target price on shares of CA in a report on Wednesday, January 31st. Argus reaffirmed a “buy” rating and set a $33.70 target price (down previously from $40.00) on shares of CA in a report on Wednesday, February 7th. BidaskClub raised shares of CA from a “hold” rating to a “buy” rating in a report on Wednesday. Finally, Barclays upped their target price on shares of CA from $34.00 to $37.00 and gave the stock an “equal weight” rating in a report on Wednesday, January 31st. Two analysts have rated the stock with a sell rating, nine have given a hold rating and seven have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target 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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