CA Inc. (CA) Shares Sold by Sii Investments Inc. WI

Sii Investments Inc. WI reduced its stake in shares of CA Inc. (NASDAQ:CA) by 16.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,908 shares of the technology company’s stock after selling 1,565 shares during the period. Sii Investments Inc. WI’s holdings in CA were worth $251,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the stock. Fort Pitt Capital Group LLC increased its stake in CA by 0.6% in the first quarter. Fort Pitt Capital Group LLC now owns 982,181 shares of the technology company’s stock worth $31,155,000 after buying an additional 6,328 shares during the period. TLP Group LLC purchased a new stake in CA during the first quarter worth $381,000. Cambridge Investment Research Advisors Inc. increased its stake in CA by 24.3% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 78,590 shares of the technology company’s stock worth $2,493,000 after buying an additional 15,365 shares during the period. Victory Capital Management Inc. increased its stake in CA by 36.4% in the first quarter. Victory Capital Management Inc. now owns 222,795 shares of the technology company’s stock worth $7,067,000 after buying an additional 59,398 shares during the period. Finally, Pacer Advisors Inc. increased its stake in CA by 30.8% in the first quarter. Pacer Advisors Inc. now owns 14,114 shares of the technology company’s stock worth $448,000 after buying an additional 3,324 shares during the period. 70.62% of the stock is currently owned by institutional investors.

CA Inc. (NASDAQ CA) opened at 34.06 on Wednesday. CA Inc. has a 52-week low of $30.01 and a 52-week high of $36.54. The company has a market cap of $14.23 billion, a PE ratio of 18.41 and a beta of 0.87. The company has a 50-day moving average of $33.34 and a 200 day moving average of $32.43.

CA (NASDAQ:CA) last issued its earnings results on Thursday, May 11th. The technology company reported $0.54 earnings per share for the quarter, beating analysts’ consensus estimates of $0.49 by $0.05. CA had a net margin of 19.20% and a return on equity of 17.15%. The firm had revenue of $1.01 billion for the quarter, compared to analyst estimates of $996.59 million. During the same quarter last year, the business posted $0.60 earnings per share. The company’s quarterly revenue was up .3% on a year-over-year basis. Equities research analysts predict that CA Inc. will post $2.38 EPS for the current year.

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CA has been the topic of a number of recent research reports. 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. Piper Jaffray Companies lifted their price objective on CA from $42.00 to $45.00 and gave the company an “overweight” rating in a report on Monday, April 17th. Jefferies Group LLC reaffirmed a “buy” rating and set a $38.00 price objective on shares of CA in a report on Friday, April 28th. Finally, FIG Partners raised CA to an “outperform” rating and lifted their price objective for the company from $40.00 to $42.25 in a report on Wednesday, May 3rd. Four investment analysts have rated the stock with a sell rating, eight have given a hold rating and five have issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $35.10.

In other CA news, insider Ayman Sayed sold 30,194 shares of the firm’s stock in a transaction that occurred on Wednesday, June 21st. The shares were sold at an average price of $35.62, for a total value of $1,075,510.28. Following the sale, the insider now owns 168,455 shares in the company, valued at $6,000,367.10. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.90% 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.

Institutional Ownership by Quarter for CA (NASDAQ:CA)

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