Barings LLC held its stake in shares of CA Inc. (NASDAQ:CA) during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 76,848 shares of the technology company’s stock at the end of the first quarter. Barings LLC’s holdings in CA were worth $2,438,000 as of its most recent SEC filing.
Other large investors also recently modified their holdings of the company. FMR LLC increased its stake in shares of CA by 0.5% in the fourth quarter. FMR LLC now owns 119,299 shares of the technology company’s stock valued at $3,790,000 after buying an additional 621 shares during the last quarter. Keybank National Association OH bought a new stake in shares of CA during the fourth quarter valued at $249,000. Employees Retirement System of Texas increased its stake in shares of CA by 25.0% in the fourth quarter. Employees Retirement System of Texas now owns 45,000 shares of the technology company’s stock valued at $1,430,000 after buying an additional 9,000 shares during the last quarter. Janus Capital Management LLC increased its stake in shares of CA by 239.3% in the fourth quarter. Janus Capital Management LLC now owns 811,354 shares of the technology company’s stock valued at $25,777,000 after buying an additional 572,254 shares during the last quarter. Finally, Two Sigma Investments LP increased its stake in shares of CA by 32.1% in the fourth quarter. Two Sigma Investments LP now owns 220,467 shares of the technology company’s stock valued at $7,004,000 after buying an additional 53,548 shares during the last quarter. 71.69% of the stock is owned by institutional investors.
Shares of CA Inc. (NASDAQ CA) traded up 0.23% on Monday, reaching $35.06. The company had a trading volume of 464,393 shares. The firm has a market capitalization of $14.65 billion, a PE ratio of 18.95 and a beta of 0.92. The company has a 50-day moving average price of $31.93 and a 200-day moving average price of $32.09. CA Inc. has a 52-week low of $30.01 and a 52-week high of $35.27.
CA (NASDAQ:CA) last issued its quarterly earnings results on Thursday, May 11th. The technology company reported $0.54 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.49 by $0.05. CA had a return on equity of 17.15% and a net margin of 19.20%. The company had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $996.59 million. During the same period last year, the business posted $0.60 earnings per share. The firm’s revenue was up .3% compared to the same quarter last year. Equities research analysts forecast that CA Inc. will post $2.39 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Tuesday, June 13th. Investors of record on Thursday, May 25th were given a dividend of $0.255 per share. This represents a $1.02 dividend on an annualized basis and a yield of 2.92%. The ex-dividend date was Tuesday, May 23rd. CA’s dividend payout ratio (DPR) is presently 55.14%.
Several equities research analysts have recently weighed in on CA shares. Evercore ISI downgraded CA from a “hold” rating to an “underperform” rating in a research report on Friday, March 3rd. Jefferies Group LLC reaffirmed a “buy” rating and issued a $38.00 target price on shares of CA in a research report on Tuesday, March 7th. Zacks Investment Research raised CA from a “sell” rating to a “hold” rating in a research report on Tuesday, March 28th. DA Davidson downgraded CA from a “buy” rating to a “neutral” rating in a research report on Monday, April 10th. Finally, Piper Jaffray Companies upped their target price on CA from $42.00 to $45.00 and gave the stock an “overweight” rating in a research report on Monday, April 17th. Three analysts have rated the stock with a sell rating, eight have issued a hold rating and five have given a buy rating to the company’s stock. CA currently has a consensus rating of “Hold” and a consensus target price of $35.25.
In related news, insider Ayman Sayed sold 30,194 shares of CA stock in a transaction dated Wednesday, June 21st. The stock was sold at an average price of $35.62, for a total transaction of $1,075,510.28. Following the sale, the insider now directly owns 168,455 shares of the company’s stock, valued at $6,000,367.10. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 0.90% of the stock is owned by company insiders.
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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