Mirae Asset Global Investments Co. Ltd. Purchases 43,028 Shares of CA, Inc. (CA)

Share on StockTwits

Mirae Asset Global Investments Co. Ltd. lifted its position in CA, Inc. (NASDAQ:CA) by 86.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 92,815 shares of the technology company’s stock after acquiring an additional 43,028 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in CA were worth $4,095,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in CA. Bank of New York Mellon Corp raised its holdings in shares of CA by 36,466.0% in the third quarter. Bank of New York Mellon Corp now owns 16,875,553 shares of the technology company’s stock valued at $745,055,000 after acquiring an additional 16,829,402 shares in the last quarter. Alpine Associates Management Inc. bought a new stake in shares of CA in the third quarter valued at about $185,262,000. Hexavest Inc. raised its holdings in shares of CA by 219.4% in the third quarter. Hexavest Inc. now owns 2,989,999 shares of the technology company’s stock valued at $132,008,000 after acquiring an additional 2,053,910 shares in the last quarter. Gabelli Funds LLC bought a new stake in shares of CA in the third quarter valued at about $73,725,000. Finally, FIL Ltd raised its holdings in shares of CA by 46.4% in the third quarter. FIL Ltd now owns 3,838,119 shares of the technology company’s stock valued at $169,453,000 after acquiring an additional 1,215,980 shares in the last quarter. Hedge funds and other institutional investors own 69.66% of the company’s stock.

Several equities analysts have issued reports on CA shares. BidaskClub lowered CA from a “strong-buy” rating to a “buy” rating in a research note on Friday, November 2nd. Zacks Investment Research lowered CA from a “buy” rating to a “hold” rating in a research note on Monday, October 8th. Ten investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $38.52.

CA opened at $44.44 on Friday. CA, Inc. has a 1 year low of $31.97 and a 1 year high of $44.47. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.21 and a current ratio of 2.21. The stock has a market capitalization of $18.58 billion, a price-to-earnings ratio of 19.16, a P/E/G ratio of 3.84 and a beta of 0.73.

TRADEMARK VIOLATION NOTICE: This news story was originally reported by BBNS and is owned by of BBNS. If you are viewing this news story on another domain, it was copied illegally and republished in violation of US and international trademark & copyright laws. The legal version of this news story can be viewed at https://baseballnewssource.com/2018/12/08/mirae-asset-global-investments-co-ltd-purchases-43028-shares-of-ca-inc-ca/3064765.html.

About CA

CA, Inc, doing business as CA technologies, develops, markets, delivers, and licenses software products and services in the United States and internationally. It operates through three segments: Mainframe Solutions, Enterprise Solutions, and Services. The Mainframe Solutions segment offers solutions for the IBM z Systems platform, which runs various mission critical business applications.

Featured Story: What is Cost of Capital?

Want to see what other hedge funds are holding CA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CA, Inc. (NASDAQ:CA).

Institutional Ownership by Quarter for CA (NASDAQ:CA)

Receive News & Ratings for CA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CA and related companies with MarketBeat.com's FREE daily email newsletter.

 


Latest News

Yu Darvish Receives Cortisone Shot for Elbow Impingement
Yu Darvish Receives Cortisone Shot for Elbow Impingement
Red Sox and Brandon Phillips Agree to Minor League Deal
Red Sox and Brandon Phillips Agree to Minor League Deal
Chris Sale Proves He is 2018 AL Cy Young Candidate
Chris Sale Proves He is 2018 AL Cy Young Candidate
Strong Results by Clint Frazier Could Keep Him with Yankees
Strong Results by Clint Frazier Could Keep Him with Yankees
Giants Closer Breaks Hand Punching Door Following Poor Outing
Giants Closer Breaks Hand Punching Door Following Poor Outing
Evan Longoria Out Six to Eight Weeks With Broken Hand
Evan Longoria Out Six to Eight Weeks With Broken Hand


Leave a Reply

 
© 2006-2018 BBNS.