Nationwide Fund Advisors reduced its position in CA, Inc. (NASDAQ:CA) by 3.1% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 217,534 shares of the technology company’s stock after selling 6,890 shares during the period. Nationwide Fund Advisors owned 0.05% of CA worth $7,261,000 at the end of the most recent quarter.
Several other large investors have also recently added to or reduced their stakes in CA. Bessemer Group Inc. raised its position in CA by 419.6% during the 2nd quarter. Bessemer Group Inc. now owns 3,871 shares of the technology company’s stock worth $134,000 after buying an additional 3,126 shares during the last quarter. Retirement Systems of Alabama grew its stake in shares of CA by 0.3% during the 2nd quarter. Retirement Systems of Alabama now owns 151,935 shares of the technology company’s stock worth $5,237,000 after purchasing an additional 406 shares during the period. Canada Pension Plan Investment Board grew its stake in shares of CA by 45.1% during the 2nd quarter. Canada Pension Plan Investment Board now owns 213,781 shares of the technology company’s stock worth $7,369,000 after purchasing an additional 66,400 shares during the period. Wetherby Asset Management Inc. acquired a new stake in shares of CA during the 2nd quarter worth approximately $217,000. Finally, Schwab Charles Investment Management Inc. grew its stake in shares of CA by 4.4% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 1,712,830 shares of the technology company’s stock worth $59,042,000 after purchasing an additional 72,509 shares during the period. Institutional investors and hedge funds own 68.87% of the company’s stock.
Shares of CA, Inc. (CA) traded up $0.29 during midday trading on Tuesday, reaching $33.57. The company’s stock had a trading volume of 2,112,230 shares, compared to its average volume of 1,823,900. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.24 and a current ratio of 1.24. CA, Inc. has a one year low of $30.45 and a one year high of $36.54. The stock has a market capitalization of $14,050.00, a PE ratio of 19.40, a P/E/G ratio of 4.44 and a beta of 0.74.
CA (NASDAQ:CA) last issued its quarterly earnings data on Wednesday, October 25th. The technology company reported $0.62 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.62. CA had a return on equity of 15.74% and a net margin of 17.83%. 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 earned $0.67 earnings per share. The firm’s revenue for the quarter was up 1.6% on a year-over-year basis. equities analysts predict that CA, Inc. will post 2.25 EPS for the current year.
The business also recently declared a quarterly dividend, which was paid on Tuesday, December 12th. Stockholders of record on Thursday, November 30th were paid a dividend of $0.255 per share. This represents a $1.02 annualized dividend and a dividend yield of 3.04%. The ex-dividend date of this dividend was Wednesday, November 29th. CA’s dividend payout ratio (DPR) is presently 58.96%.
Several equities research analysts have issued reports on the stock. BidaskClub cut shares of CA from a “sell” rating to a “strong sell” rating in a research note on Thursday, November 9th. ValuEngine raised shares of CA from a “hold” rating to a “buy” rating in a research note on Monday, September 11th. Zacks Investment Research upgraded CA from a “hold” rating to a “buy” rating and set a $37.00 price target on the stock in a report on Monday, October 30th. Barclays reduced their price target on CA from $36.00 to $34.00 and set an “equal weight” rating on the stock in a report on Thursday, October 26th. Finally, KeyCorp restated a “sector weight” rating on shares of CA in a report on Sunday, September 17th. Three equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and five have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $33.70.
In other news, EVP Lauren Patricia Flaherty sold 24,843 shares of the company’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 completion of the sale, the executive vice president now owns 82,000 shares in the company, valued at $2,672,380. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.90% of the stock is owned by corporate insiders.
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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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