Vident Investment Advisory LLC increased its position in CA, Inc. (NASDAQ:CA) by 1.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 72,039 shares of the technology company’s stock after buying an additional 1,211 shares during the period. Vident Investment Advisory LLC’s holdings in CA were worth $2,285,000 as of its most recent filing with the SEC.
Several other hedge funds also recently modified their holdings of CA. Bank of New York Mellon Corp raised its stake in shares of CA by 2.3% in the first quarter. Bank of New York Mellon Corp now owns 24,311,915 shares of the technology company’s stock worth $771,175,000 after buying an additional 546,030 shares in the last quarter. Macquarie Group Ltd. raised its stake in shares of 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 in the last quarter. State Street Corp raised its stake in shares of CA by 9.7% in the fourth quarter. State Street Corp now owns 14,953,694 shares of the technology company’s stock worth $475,079,000 after buying an additional 1,323,670 shares in the last quarter. FIL Ltd raised its stake in shares of CA by 16.8% in the fourth quarter. FIL Ltd now owns 7,387,486 shares of the technology company’s stock worth $234,700,000 after buying an additional 1,060,383 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in shares of CA by 0.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 5,350,520 shares of the technology company’s stock worth $170,004,000 after buying an additional 22,777 shares in the last quarter. 68.63% of the stock is owned by institutional investors.
CA, Inc. (NASDAQ CA) traded down 0.233% during mid-day trading on Monday, reaching $32.115. 1,436,989 shares of the company traded hands. The firm has a market cap of $13.42 billion, a PE ratio of 17.359 and a beta of 0.92. CA, Inc. has a one year low of $30.01 and a one year high of $34.99. The stock’s 50-day moving average price is $32.08 and its 200-day moving average price is $32.05.
CA (NASDAQ:CA) last issued its earnings results on Thursday, May 11th. The technology company reported $0.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.49 by $0.05. The company had revenue of $1.01 billion for the quarter, compared to analyst estimates of $996.59 million. CA had a net margin of 19.64% and a return on equity of 17.98%. The company’s revenue for the quarter was up .3% on a year-over-year basis. During the same quarter last year, the firm earned $0.60 EPS. Analysts forecast that CA, Inc. will post $2.39 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 13th. Stockholders of record on Thursday, May 25th will be paid a $0.255 dividend. This represents a $1.02 annualized dividend and a dividend yield of 3.17%. The ex-dividend date is Tuesday, May 23rd. CA’s dividend payout ratio (DPR) is presently 53.97%.
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CA has been the subject of a number of research analyst reports. Jefferies Group LLC reaffirmed a “buy” rating and issued a $38.00 price target on shares of CA in a research note on Sunday, May 14th. FIG Partners raised shares of CA to an “outperform” rating and increased their target price for the company from $40.00 to $42.25 in a research note on Wednesday, May 3rd. Oppenheimer Holdings Inc. reissued a “market perform” rating on shares of CA in a research note on Friday, May 12th. Raymond James Financial, Inc. raised shares of 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. Finally, DA Davidson lowered shares of CA from a “buy” rating to a “neutral” rating in a research note on Monday, April 10th. Three equities research analysts have rated the stock with a sell rating, seven have given a hold rating and six have assigned a buy rating to the stock. CA currently has a consensus rating of “Hold” and an average target price of $35.25.
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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