BidaskClub cut shares of CA (NASDAQ:CA) from a sell rating to a strong sell rating in a research report released on Thursday, November 9th.
CA has been the topic of several other research reports. ValuEngine raised CA from a hold rating to a buy rating in a report on Monday, September 11th. KeyCorp reissued a sector weight rating on shares of CA in a report on Sunday, September 17th. Barclays lowered their target price on CA from $36.00 to $34.00 and set an equal weight rating on the stock in a report on Thursday, October 26th. Royal Bank Of Canada reaffirmed a hold rating and set a $32.00 price objective on shares of CA in a research note on Monday, August 21st. Finally, Zacks Investment Research raised CA from a hold rating to a buy rating and set a $37.00 price objective on the stock in a research note on Monday, October 30th. Four investment analysts have rated the stock with a sell rating, ten have given a hold rating and six have given a buy rating to the company. The company presently has an average rating of Hold and a consensus target price of $33.58.
CA (NASDAQ CA) opened at $32.69 on Thursday. CA has a twelve month low of $30.01 and a twelve month high of $36.54. The firm has a market capitalization of $13,657.07, a price-to-earnings ratio of 14.97, a P/E/G ratio of 4.35 and a beta of 0.74. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 0.42.
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 12th. Investors 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 yield of 3.12%. CA’s dividend payout ratio (DPR) is presently 58.62%.
In other news, EVP Lauren Patricia Flaherty sold 24,843 shares of the stock in a transaction dated Wednesday, November 1st. The stock was sold at an average price of $32.59, for a total value 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 legal filing with the SEC, which is available through this link. Also, insider Michael P. Gregoire sold 71,235 shares of the stock in a transaction dated Monday, September 11th. The shares were sold at an average price of $33.38, for a total value of $2,377,824.30. Following the completion of the sale, the insider now owns 285,652 shares of the company’s stock, valued at approximately $9,535,063.76. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 112,427 shares of company stock worth $3,734,332. Company insiders own 0.90% of the company’s stock.
Several hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. grew its stake in CA by 22.3% during the 2nd quarter. Vanguard Group Inc. now owns 32,166,860 shares of the technology company’s stock valued at $1,108,792,000 after purchasing an additional 5,855,217 shares in the last quarter. Bank of New York Mellon Corp grew its stake in CA by 12.0% during the 3rd quarter. Bank of New York Mellon Corp now owns 30,244,351 shares of the technology company’s stock valued at $1,009,556,000 after purchasing an additional 3,240,645 shares in the last quarter. BlackRock Inc. grew its stake in CA by 1.5% during the 2nd quarter. BlackRock Inc. now owns 21,017,338 shares of the technology company’s stock valued at $724,466,000 after purchasing an additional 300,439 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in CA by 3.0% during the 2nd quarter. Dimensional Fund Advisors LP now owns 5,800,913 shares of the technology company’s stock valued at $199,953,000 after purchasing an additional 170,063 shares in the last quarter. Finally, First Trust Advisors LP grew its stake in CA by 15.7% during the 2nd quarter. First Trust Advisors LP now owns 4,441,835 shares of the technology company’s stock valued at $153,110,000 after purchasing an additional 604,026 shares in the last quarter. Institutional investors and hedge funds own 69.11% of the company’s stock.
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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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