Aperio Group LLC lowered its position in CA Inc. (NASDAQ:CA) by 0.9% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 329,574 shares of the technology company’s stock after selling 3,079 shares during the period. Aperio Group LLC owned about 0.08% of CA worth $11,360,000 as of its most recent SEC filing.
Several other large investors have also recently modified their holdings of CA. BlackRock Inc. increased its stake in CA by 2,711.1% in the first quarter. BlackRock Inc. now owns 20,716,899 shares of the technology company’s stock worth $657,139,000 after buying an additional 19,979,935 shares during the last quarter. Vanguard Group Inc. increased its stake in CA by 27.8% in the first quarter. Vanguard Group Inc. now owns 26,311,643 shares of the technology company’s stock worth $834,606,000 after buying an additional 5,729,276 shares during the last quarter. Macquarie Group Ltd. increased its stake in CA by 4.6% in the fourth quarter. Macquarie Group Ltd. now owns 23,245,474 shares of the technology company’s stock worth $738,510,000 after buying an additional 1,029,064 shares during the last quarter. FIL Ltd increased its stake in CA by 13.1% in the first quarter. FIL Ltd now owns 8,352,008 shares of the technology company’s stock worth $264,926,000 after buying an additional 964,522 shares during the last quarter. Finally, First Trust Advisors LP increased its stake in CA by 22.6% in the first quarter. First Trust Advisors LP now owns 3,837,809 shares of the technology company’s stock worth $121,735,000 after buying an additional 706,514 shares during the last quarter. Institutional investors own 70.74% of the company’s stock.
CA Inc. (NASDAQ:CA) opened at 34.42 on Monday. CA Inc. has a one year low of $30.01 and a one year high of $36.54. The stock’s 50 day moving average is $33.50 and its 200 day moving average is $32.46. The firm has a market capitalization of $14.38 billion, a P/E ratio of 18.61 and a beta of 0.87.
CA (NASDAQ:CA) last posted its quarterly earnings data on Thursday, May 11th. The technology company reported $0.54 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.49 by $0.05. The firm had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $996.59 million. CA had a net margin of 19.20% and a return on equity of 17.15%. The business’s quarterly revenue was up .3% on a year-over-year basis. During the same quarter last year, the company posted $0.60 EPS. On average, equities research analysts predict that CA Inc. will post $2.38 earnings per share for the current fiscal year.
A number of equities research analysts have recently weighed in on the stock. Piper Jaffray Companies lifted their price target on shares of CA from $42.00 to $45.00 and gave the company an “overweight” rating in a research report on Monday, April 17th. Raymond James Financial, Inc. upgraded shares of CA from a “market perform” rating to an “outperform” rating and set a $42.00 price target for the company in a research report on Monday, May 8th. Jefferies Group LLC reiterated a “buy” rating and issued a $38.00 price target on shares of CA in a research report on Thursday, June 1st. Zacks Investment Research downgraded shares of CA from a “buy” rating to a “hold” rating in a research report on Monday, July 17th. Finally, Citigroup Inc. restated a “neutral” rating and set a $34.00 price objective (up from $33.00) on shares of CA in a research report on Sunday, May 14th. Four 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. CA presently has an average rating of “Hold” and a consensus target price of $35.10.
In other news, insider Ayman Sayed sold 30,194 shares of the firm’s stock in a transaction on Wednesday, June 21st. The shares were sold at an average price of $35.62, for a total transaction of $1,075,510.28. Following the sale, the insider now owns 168,455 shares in the company, valued at approximately $6,000,367.10. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 0.90% of the company’s stock.
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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