OLD Mission Capital LLC acquired a new position in CA, Inc. (NASDAQ:CA) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 21,368 shares of the technology company’s stock, valued at approximately $711,000.
A number of other institutional investors and hedge funds have also recently made changes to their positions in CA. Amundi Pioneer Asset Management Inc. purchased a new stake in CA in the 4th quarter worth about $97,375,000. Skandinaviska Enskilda Banken AB publ boosted its stake in CA by 541.5% in the 3rd quarter. Skandinaviska Enskilda Banken AB publ now owns 3,150,132 shares of the technology company’s stock worth $105,151,000 after purchasing an additional 2,659,100 shares during the period. Cornerstone Capital Management Holdings LLC. boosted its stake in CA by 1,758.9% in the 3rd quarter. Cornerstone Capital Management Holdings LLC. now owns 1,219,309 shares of the technology company’s stock worth $40,699,000 after purchasing an additional 1,153,717 shares during the period. Mackenzie Financial Corp bought a new position in CA in the 4th quarter worth about $16,391,000. Finally, First Trust Advisors LP boosted its stake in CA by 12.0% in the 4th quarter. First Trust Advisors LP now owns 4,554,082 shares of the technology company’s stock worth $151,560,000 after purchasing an additional 487,482 shares during the period. 68.01% of the stock is owned by institutional investors.
Several brokerages have commented on CA. BidaskClub downgraded CA from a “buy” rating to a “hold” rating in a research note on Thursday. Oppenheimer restated a “hold” rating on shares of CA in a research note on Wednesday, January 31st. Argus restated a “buy” rating and issued a $33.70 target price (down previously from $40.00) on shares of CA in a research note on Wednesday, February 7th. Barclays raised their target price on CA from $34.00 to $37.00 and gave the stock an “equal weight” rating in a research note on Wednesday, January 31st. Finally, Jefferies Group restated a “buy” rating and issued a $41.00 target price on shares of CA in a research note on Wednesday, January 31st. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and six have assigned a buy rating to the stock. CA has an average rating of “Hold” and an average target price of $34.23.
Shares of CA, Inc. (NASDAQ CA) opened at $35.69 on Friday. The stock has a market capitalization of $14,942.56, a PE ratio of 35.34, a PEG ratio of 4.54 and a beta of 0.69. 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 12-month low of $30.45 and a 12-month high of $37.25.
CA (NASDAQ:CA) last issued its quarterly earnings results on Tuesday, January 30th. The technology company reported $0.75 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.55 by $0.20. The firm had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.07 billion. CA had a return on equity of 16.52% and a net margin of 10.23%. The company’s revenue for the quarter was up 8.5% on a year-over-year basis. During the same quarter last year, the company posted $0.63 EPS. sell-side analysts forecast that CA, Inc. will post 2.37 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 13th. Stockholders of record on Thursday, February 22nd were given a dividend of $0.255 per share. The ex-dividend date was Wednesday, February 21st. This represents a $1.02 dividend on an annualized basis and a dividend yield of 2.86%. CA’s dividend payout ratio (DPR) is presently 100.99%.
In related news, EVP Jacob Lamm sold 77,610 shares of the firm’s stock in a transaction dated Friday, March 9th. The stock was sold at an average price of $36.77, for a total transaction of $2,853,719.70. Following the transaction, the executive vice president now directly owns 71,223 shares of the company’s stock, valued at approximately $2,618,869.71. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Lauren Patricia Flaherty sold 10,793 shares of the firm’s stock in a transaction dated Monday, March 12th. The shares were sold at an average price of $36.75, for a total value of $396,642.75. Following the transaction, the executive vice president now directly owns 71,123 shares in the company, valued at $2,613,770.25. The disclosure for this sale can be found here. Company insiders own 0.90% of the company’s stock.
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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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