Bronfman E.L. Rothschild L.P. increased its position in shares of CA, Inc. (NASDAQ:CA) by 122.2% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 14,240 shares of the technology company’s stock after buying an additional 7,832 shares during the period. Bronfman E.L. Rothschild L.P.’s holdings in CA were worth $452,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently made changes to their positions in CA. Two Sigma Advisers LP increased its position in shares of CA by 210.1% in the third quarter. Two Sigma Advisers LP now owns 142,587 shares of the technology company’s stock valued at $4,717,000 after buying an additional 96,600 shares during the last quarter. United Services Automobile Association increased its position in shares of CA by 9.5% in the third quarter. United Services Automobile Association now owns 182,168 shares of the technology company’s stock valued at $6,026,000 after buying an additional 15,871 shares during the last quarter. KCG Holdings Inc. increased its position in shares of CA by 14.8% in the third quarter. KCG Holdings Inc. now owns 29,141 shares of the technology company’s stock valued at $964,000 after buying an additional 3,755 shares during the last quarter. Oak Associates Ltd. OH increased its position in shares of CA by 10.7% in the third quarter. Oak Associates Ltd. OH now owns 206,130 shares of the technology company’s stock valued at $6,336,000 after buying an additional 19,901 shares during the last quarter. Finally, Evanston Investments Inc. dba Evanston Advisors acquired a new position in shares of CA during the third quarter valued at $5,701,000. 68.63% of the stock is owned by institutional investors.
Shares of CA, Inc. (NASDAQ:CA) traded up 0.35% during mid-day trading on Wednesday, hitting $31.61. The company had a trading volume of 2,038,631 shares. The firm has a 50-day moving average price of $32.05 and a 200 day moving average price of $32.04. The firm has a market capitalization of $13.21 billion, a P/E ratio of 17.09 and a beta of 0.92. CA, Inc. has a 12 month low of $30.01 and a 12 month high of $34.99.
CA (NASDAQ:CA) last issued its quarterly earnings data 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 firm had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $996.59 million. CA had a return on equity of 17.98% and a net margin of 19.64%. CA’s revenue was up .3% on a year-over-year basis. During the same period in the previous year, the firm posted $0.60 earnings per share. On average, equities research analysts forecast that CA, Inc. will post $2.39 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 13th. Investors of record on Thursday, May 25th will be issued a dividend of $0.255 per share. The ex-dividend date of this dividend is Tuesday, May 23rd. This represents a $1.02 annualized dividend and a yield of 3.23%. CA’s dividend payout ratio is presently 53.97%.
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Several research analysts have recently weighed in on the company. Jefferies Group LLC reaffirmed a “buy” rating and set a $38.00 target price on shares of CA in a research note on Wednesday, January 25th. Barclays PLC reduced their target price on CA from $36.00 to $35.00 and set an “equal weight” rating for the company in a research note on Wednesday, January 25th. Evercore ISI downgraded CA from a “hold” rating to an “underperform” rating in a research note on Friday, March 3rd. FIG Partners raised CA to an “outperform” rating and upped their target price for the stock from $40.00 to $42.25 in a research note on Wednesday, May 3rd. Finally, Raymond James Financial, Inc. raised CA from a “market perform” rating to an “outperform” rating and set a $42.00 target price for the company in a research note on Monday, May 8th. Three equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and six have assigned a buy rating to the company’s stock. CA currently has an average rating of “Hold” and an average target price of $35.25.
CA Company Profile
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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