Macquarie Group Ltd. decreased its position in CA, Inc. (NASDAQ:CA) by 3.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 20,599,343 shares of the technology company’s stock after selling 705,651 shares during the quarter. CA makes up 1.2% of Macquarie Group Ltd.’s investment portfolio, making the stock its 26th largest position. Macquarie Group Ltd. owned 4.94% of CA worth $685,566,000 at the end of the most recent quarter.
Other hedge funds have also recently added to or reduced their stakes in the company. Fieldpoint Private Securities LLC purchased a new position in shares of CA during the third quarter valued at about $101,000. Ffcm LLC increased its position in shares of CA by 1,808.7% during the fourth quarter. Ffcm LLC now owns 3,073 shares of the technology company’s stock valued at $103,000 after buying an additional 2,912 shares during the period. Avestar Capital LLC purchased a new position in shares of CA during the fourth quarter valued at about $103,000. Captrust Financial Advisors purchased a new position in shares of CA during the fourth quarter valued at about $148,000. Finally, Ladenburg Thalmann Financial Services Inc. increased its position in shares of CA by 56.3% during the third quarter. Ladenburg Thalmann Financial Services Inc. now owns 6,270 shares of the technology company’s stock valued at $210,000 after buying an additional 2,259 shares during the period. Hedge funds and other institutional investors own 67.89% of the company’s stock.
Several equities analysts recently issued reports on CA shares. BidaskClub upgraded shares of CA from a “sell” rating to a “hold” rating in a research report on Saturday, December 9th. Credit Suisse Group boosted their price target on shares of CA from $34.00 to $36.00 and gave the company a “neutral” rating in a research report on Wednesday, January 31st. Oppenheimer reiterated a “hold” rating on shares of CA in a research report on Wednesday, January 31st. Barclays boosted their price target on shares of CA from $34.00 to $37.00 and gave the company an “equal weight” rating in a research report on Wednesday, January 31st. Finally, Jefferies Group reiterated a “buy” rating and set a $41.00 price target on shares of CA in a research report on Wednesday, January 31st. Two analysts have rated the stock with a sell rating, eleven have given a hold rating and five have given a buy rating to the stock. CA has a consensus rating of “Hold” and a consensus target price of $34.23.
In other news, EVP Jacob Lamm sold 77,610 shares of the company’s stock in a transaction that occurred on Friday, March 9th. The shares were sold at an average price of $36.77, for a total value of $2,853,719.70. Following the transaction, the executive vice president now owns 71,223 shares in the company, valued at $2,618,869.71. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Lauren Patricia Flaherty sold 10,793 shares of the company’s stock in a transaction that occurred on Monday, March 12th. The stock was sold at an average price of $36.75, for a total transaction of $396,642.75. Following the completion of the transaction, the executive vice president now owns 71,123 shares in the company, valued at approximately $2,613,770.25. The disclosure for this sale can be found here. Corporate insiders own 0.90% of the company’s stock.
NASDAQ:CA opened at $33.18 on Friday. CA, Inc. has a one year low of $30.45 and a one year high of $37.25. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.24 and a current ratio of 1.24. The stock has a market cap of $14,108.71, a P/E ratio of 14.49, a price-to-earnings-growth ratio of 3.98 and a beta of 0.70.
CA (NASDAQ:CA) last posted its quarterly earnings data on Tuesday, January 30th. The technology company reported $0.75 EPS for the quarter, topping the consensus estimate of $0.55 by $0.20. CA had a net margin of 10.23% and a return on equity of 16.52%. The business had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.07 billion. CA’s quarterly revenue was up 8.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.63 earnings per share. research analysts anticipate that CA, Inc. will post 2.37 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Tuesday, March 13th. Stockholders of record on Thursday, February 22nd were paid a $0.255 dividend. The ex-dividend date of this dividend was Wednesday, February 21st. This represents a $1.02 annualized dividend and a dividend yield of 3.07%. CA’s dividend payout ratio is presently 44.54%.
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CA Company Profile
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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