OLD Mission Capital LLC purchased a new position in shares of CA, Inc. (NASDAQ:CA) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 21,368 shares of the technology company’s stock, valued at approximately $711,000.
A number of other hedge funds have also recently modified their holdings of the business. Norinchukin Bank The lifted its position in CA by 6.4% in the 4th quarter. Norinchukin Bank The now owns 26,457 shares of the technology company’s stock valued at $880,000 after acquiring an additional 1,582 shares in the last quarter. Vident Investment Advisory LLC lifted its position in CA by 2.7% in the 3rd quarter. Vident Investment Advisory LLC now owns 70,853 shares of the technology company’s stock valued at $2,365,000 after acquiring an additional 1,837 shares in the last quarter. Palo Capital Inc. lifted 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 valued at $892,000 after buying an additional 1,860 shares during the period. Public Employees Retirement Association of Colorado lifted its holdings in shares of CA by 3.6% during the 4th quarter. Public Employees Retirement Association of Colorado now owns 57,393 shares of the technology company’s stock valued at $1,910,000 after buying an additional 2,008 shares during the period. Finally, Pacer Advisors Inc. lifted its holdings in shares of CA by 13.3% during the 3rd quarter. Pacer Advisors Inc. now owns 17,571 shares of the technology company’s stock valued at $587,000 after buying an additional 2,060 shares during the period. 67.89% of the stock is owned by hedge funds and other institutional investors.
NASDAQ CA traded down $0.73 on Friday, reaching $33.18. 2,151,029 shares of the company’s stock traded hands, compared to its average volume of 2,598,072. The company has a market capitalization of $14,137.90, a PE ratio of 14.49, a P/E/G ratio of 3.99 and a beta of 0.70. CA, Inc. has a fifty-two week low of $30.45 and a fifty-two week high of $37.25. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.24 and a quick ratio of 1.24.
CA (NASDAQ:CA) last issued its quarterly earnings data on Tuesday, January 30th. The technology company reported $0.75 earnings per share for the quarter, topping analysts’ consensus estimates of $0.55 by $0.20. The business had revenue of $1.09 billion during the quarter, compared to the consensus estimate 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 prior year, the firm posted $0.63 earnings per share. research analysts expect that CA, Inc. will post 2.37 earnings per share for the current year.
The business also recently declared a quarterly dividend, which was paid on Tuesday, March 13th. Investors of record on Thursday, February 22nd were given a dividend of $0.255 per share. 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 (DPR) is presently 44.54%.
In other news, EVP Jacob Lamm sold 77,610 shares of the 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 completion of the sale, the executive vice president now owns 71,223 shares of the company’s stock, valued at approximately $2,618,869.71. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Lauren Patricia Flaherty sold 10,793 shares of the stock in a transaction that occurred on Monday, March 12th. The shares were sold at an average price of $36.75, for a total transaction of $396,642.75. Following the completion of the sale, the executive vice president now directly owns 71,123 shares of the company’s stock, valued at approximately $2,613,770.25. The disclosure for this sale can be found here. 0.90% of the stock is owned by corporate insiders.
A number of equities research analysts have issued reports on the company. Credit Suisse Group increased 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. Oppenheimer restated a “hold” rating on shares of CA in a research report on Wednesday, January 31st. BidaskClub upgraded CA from a “sell” rating to a “hold” rating in a research report on Friday, January 26th. Jefferies Group reiterated a “buy” rating and issued a $41.00 price target on shares of CA in a research report on Wednesday, January 31st. Finally, Barclays raised their price objective on shares of CA from $34.00 to $37.00 and gave the stock an “equal weight” rating in a research note on Wednesday, January 31st. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating and five have assigned a buy rating to the company’s stock. The company presently 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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