Shell Asset Management Co. decreased its holdings in shares of CA, Inc. (NASDAQ:CA) by 12.7% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 96,140 shares of the technology company’s stock after selling 14,036 shares during the period. Shell Asset Management Co.’s holdings in CA were worth $3,200,000 as of its most recent SEC filing.
Other large investors have also bought and sold shares of the company. State Board of Administration of Florida Retirement System lifted its stake in CA by 0.4% during the third 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 purchasing an additional 1,750 shares during the last quarter. Vident Investment Advisory LLC lifted its stake in CA by 2.7% during the third quarter. Vident Investment Advisory LLC now owns 70,853 shares of the technology company’s stock worth $2,365,000 after purchasing an additional 1,837 shares during the last quarter. Palo Capital Inc. lifted its stake in CA by 7.5% during the fourth quarter. Palo Capital Inc. now owns 26,788 shares of the technology company’s stock worth $892,000 after purchasing an additional 1,860 shares during the last quarter. Public Employees Retirement Association of Colorado lifted its stake in CA by 3.6% during the fourth quarter. Public Employees Retirement Association of Colorado now owns 57,393 shares of the technology company’s stock worth $1,910,000 after purchasing an additional 2,008 shares during the last quarter. Finally, Pacer Advisors Inc. lifted its stake in CA by 13.3% during the third quarter. Pacer Advisors Inc. now owns 17,571 shares of the technology company’s stock worth $587,000 after purchasing an additional 2,060 shares during the last quarter. 68.89% of the stock is owned by institutional investors.
Several brokerages have issued reports on CA. Credit Suisse Group lifted 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 reaffirmed a “hold” rating on shares of CA in a research note on Wednesday, January 31st. BidaskClub raised CA from a “sell” rating to a “hold” rating in a research note on Friday, January 26th. Jefferies Group reaffirmed a “buy” rating and set a $41.00 price target on shares of CA in a research note on Wednesday, January 31st. Finally, Barclays lifted their price target on CA from $34.00 to $37.00 and gave the stock an “equal weight” rating in a research note on Wednesday, January 31st. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating and six have given a buy rating to the company’s stock. CA currently has an average rating of “Hold” and a consensus target price of $34.23.
Shares of CA, Inc. (NASDAQ CA) opened at $35.06 on Wednesday. CA, Inc. has a 52 week low of $30.45 and a 52 week high of $36.56. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 0.44. The firm has a market capitalization of $14,734.10, a PE ratio of 34.71, a PEG ratio of 4.47 and a beta of 0.70.
CA (NASDAQ:CA) last released its earnings results on Tuesday, January 30th. The technology company reported $0.75 earnings per share for the quarter, beating analysts’ consensus estimates of $0.55 by $0.20. CA had a return on equity of 16.52% and a net margin of 10.23%. The company had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.07 billion. During the same quarter in the previous year, the company posted $0.63 EPS. CA’s revenue for the quarter was up 8.5% on a year-over-year basis. analysts expect that CA, Inc. will post 2.37 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 13th. Investors of record on Thursday, February 22nd will be issued a dividend of $0.255 per share. The ex-dividend date of this dividend is Wednesday, February 21st. This represents a $1.02 dividend on an annualized basis and a yield of 2.91%. CA’s dividend payout ratio is presently 100.99%.
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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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