CA Inc. (CA) Stake Boosted by Shelton Capital Management

Shelton Capital Management boosted its position in CA Inc. (NASDAQ:CA) by 63.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 159,754 shares of the technology company’s stock after buying an additional 62,031 shares during the period. Shelton Capital Management’s holdings in CA were worth $5,067,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Parallel Advisors LLC boosted its position in CA by 3.4% in the first quarter. Parallel Advisors LLC now owns 3,245 shares of the technology company’s stock worth $106,000 after buying an additional 107 shares in the last quarter. Acrospire Investment Management LLC boosted its position in CA by 280.0% in the first quarter. Acrospire Investment Management LLC now owns 3,800 shares of the technology company’s stock worth $121,000 after buying an additional 2,800 shares in the last quarter. Tompkins Financial Corp boosted its position in CA by 294.7% in the first quarter. Tompkins Financial Corp now owns 5,387 shares of the technology company’s stock worth $165,000 after buying an additional 4,022 shares in the last quarter. Hefty Wealth Partners boosted its position in CA by 5,080.4% in the first quarter. Hefty Wealth Partners now owns 5,284 shares of the technology company’s stock worth $167,000 after buying an additional 5,182 shares in the last quarter. Finally, Penserra Capital Management LLC boosted its position in CA by 9.5% in the first quarter. Penserra Capital Management LLC now owns 5,658 shares of the technology company’s stock worth $179,000 after buying an additional 492 shares in the last quarter. 71.69% of the stock is currently owned by hedge funds and other institutional investors.

Institutional Ownership by Quarter for CA (NASDAQ:CA)

Shares of CA Inc. (CA) traded down 0.54% during midday trading on Friday, hitting $34.92. 2,486,675 shares of the stock were exchanged. The firm has a 50-day moving average price of $31.93 and a 200 day moving average price of $32.09. The firm has a market cap of $14.59 billion, a PE ratio of 18.88 and a beta of 0.92. CA Inc. has a 12-month low of $30.01 and a 12-month high of $35.11.

CA (NASDAQ:CA) last released its quarterly earnings results on Thursday, May 11th. The technology company reported $0.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.49 by $0.05. The business had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $996.59 million. CA had a return on equity of 17.15% and a net margin of 19.20%. The business’s revenue was up .3% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.60 EPS. Analysts predict that CA Inc. will post $2.39 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 13th. Stockholders of record on Thursday, May 25th were paid a dividend of $0.255 per share. This represents a $1.02 annualized dividend and a dividend yield of 2.91%. The ex-dividend date of this dividend was Tuesday, May 23rd. CA’s dividend payout ratio (DPR) is presently 55.14%.

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A number of research firms have weighed in on CA. Raymond James Financial, Inc. restated a “market perform” rating on shares of CA in a research report on Thursday. Jefferies Group LLC restated a “buy” rating and set a $38.00 price objective on shares of CA in a research report on Friday, April 28th. Evercore ISI cut shares of CA from a “hold” rating to an “underperform” rating in a research report on Friday, March 3rd. FIG Partners upgraded shares of CA to an “outperform” rating and upped their price objective for the stock from $40.00 to $42.25 in a research report on Wednesday, May 3rd. Finally, DA Davidson cut shares of CA from a “buy” rating to a “neutral” rating in a research report on Monday, April 10th. Three investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $35.25.

In other news, insider Ayman Sayed sold 30,194 shares of CA stock in a transaction on 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 completion of the transaction, the insider now owns 168,455 shares of the company’s stock, valued at approximately $6,000,367.10. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders own 0.79% of the company’s stock.

About CA

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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