New York State Common Retirement Fund lifted its holdings in CA, Inc. (NASDAQ:CA) by 19.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,221,800 shares of the technology company’s stock after buying an additional 197,700 shares during the period. New York State Common Retirement Fund owned approximately 0.29% of CA worth $40,784,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors have also bought and sold shares of the company. Vanguard Group Inc. lifted its stake in shares of CA by 22.3% in the second quarter. Vanguard Group Inc. now owns 32,166,860 shares of the technology company’s stock worth $1,108,792,000 after buying an additional 5,855,217 shares in the last quarter. Bank of New York Mellon Corp raised its stake in CA by 11.1% during the second quarter. Bank of New York Mellon Corp now owns 27,003,706 shares of the technology company’s stock worth $930,816,000 after purchasing an additional 2,691,791 shares during the period. BlackRock Inc. raised its stake in CA by 1.5% during the second quarter. BlackRock Inc. now owns 21,017,338 shares of the technology company’s stock worth $724,466,000 after purchasing an additional 300,439 shares during the period. Dimensional Fund Advisors LP raised its stake in CA by 3.0% during the second quarter. Dimensional Fund Advisors LP now owns 5,800,913 shares of the technology company’s stock worth $199,953,000 after purchasing an additional 170,063 shares during the period. Finally, First Trust Advisors LP raised its stake in CA by 15.7% during the second quarter. First Trust Advisors LP now owns 4,441,835 shares of the technology company’s stock worth $153,110,000 after purchasing an additional 604,026 shares during the period. 69.11% of the stock is currently owned by hedge funds and other institutional investors.
In other news, EVP Jacob Lamm sold 16,349 shares of the business’s stock in a transaction that occurred on Monday, September 11th. The shares were sold at an average price of $33.45, for a total transaction of $546,874.05. Following the completion of the sale, the executive vice president now owns 45,483 shares in the company, valued at approximately $1,521,406.35. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Lauren Patricia Flaherty sold 24,843 shares of the business’s stock in a transaction that occurred on Wednesday, November 1st. The stock was sold at an average price of $32.59, for a total transaction of $809,633.37. Following the sale, the executive vice president now owns 82,000 shares of the company’s stock, valued at approximately $2,672,380. The disclosure for this sale can be found here. Insiders have sold a total of 112,427 shares of company stock valued at $3,734,332 in the last 90 days. Insiders own 0.90% of the company’s stock.
A number of equities analysts have commented on the stock. Credit Suisse Group reaffirmed a “neutral” rating and set a $34.00 target price on shares of CA in a research note on Tuesday, September 5th. Mizuho reaffirmed a “hold” rating and set a $34.00 target price on shares of CA in a research note on Wednesday, October 25th. Zacks Investment Research downgraded shares of CA from a “buy” rating to a “hold” rating in a research note on Tuesday, October 31st. Royal Bank Of Canada reaffirmed a “hold” rating and set a $32.00 target price on shares of CA in a research note on Monday, August 21st. Finally, KeyCorp reiterated a “sector weight” rating on shares of CA in a research report on Sunday, September 17th. Four research analysts have rated the stock with a sell rating, ten have issued a hold rating and five have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $33.70.
CA, Inc. (NASDAQ CA) opened at $33.17 on Friday. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 0.42. CA, Inc. has a twelve month low of $30.45 and a twelve month high of $36.54. The company has a market cap of $13,904.01, a P/E ratio of 15.24, a price-to-earnings-growth ratio of 4.43 and a beta of 0.74.
CA (NASDAQ:CA) last posted its quarterly earnings results on Wednesday, October 25th. The technology company reported $0.62 EPS for the quarter, hitting the consensus estimate of $0.62. CA had a net margin of 17.83% and a return on equity of 15.74%. The company had revenue of $1.03 billion during the quarter, compared to analysts’ expectations of $1.05 billion. During the same quarter in the previous year, the business posted $0.67 EPS. The firm’s revenue was up 1.6% on a year-over-year basis. equities analysts forecast that CA, Inc. will post 2.25 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 12th. Stockholders of record on Thursday, November 30th will be given a dividend of $0.255 per share. The ex-dividend date is Wednesday, November 29th. This represents a $1.02 annualized dividend and a dividend yield of 3.08%. CA’s dividend payout ratio is presently 58.62%.
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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