Advisory Services Network LLC increased its holdings in CA, Inc. (NASDAQ:CA) by 235.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,158 shares of the technology company’s stock after acquiring an additional 5,025 shares during the period. Advisory Services Network LLC’s holdings in CA were worth $238,000 at the end of the most recent reporting period.
Other institutional investors have also made changes to their positions in the company. Fieldpoint Private Securities LLC purchased a new stake in CA in the 3rd quarter worth about $101,000. Ffcm LLC increased its position in CA by 1,808.7% in the 4th quarter. Ffcm LLC now owns 3,073 shares of the technology company’s stock worth $103,000 after purchasing an additional 2,912 shares during the last quarter. Ladenburg Thalmann Financial Services Inc. increased its position in CA by 56.3% in the 3rd quarter. Ladenburg Thalmann Financial Services Inc. now owns 6,270 shares of the technology company’s stock worth $210,000 after purchasing an additional 2,259 shares during the last quarter. Capital One National Association acquired a new position in CA in the 4th quarter worth about $219,000. Finally, Magnetar Financial LLC acquired a new position in CA in the 3rd quarter worth about $231,000. 68.89% of the stock is owned by hedge funds and other institutional investors.
CA, Inc. (NASDAQ CA) opened at $35.43 on Friday. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.24 and a current ratio of 1.24. The company has a market capitalization of $14,710.00, a PE ratio of 19.90, a PEG ratio of 4.39 and a beta of 0.70. CA, Inc. has a fifty-two week low of $30.45 and a fifty-two week high of $36.56.
CA (NASDAQ:CA) last issued its quarterly earnings data on Tuesday, January 30th. The technology company reported $0.75 EPS for the quarter, beating the Zacks’ consensus estimate of $0.55 by $0.20. The business had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.07 billion. CA had a return on equity of 16.52% and a net margin of 10.23%. The firm’s revenue for the quarter was up 8.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.63 EPS. analysts expect that CA, Inc. will post 2.37 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 13th. Stockholders of record on Thursday, February 22nd will be issued a dividend of $0.255 per share. This represents a $1.02 dividend on an annualized basis and a dividend yield of 2.88%. The ex-dividend date is Wednesday, February 21st. CA’s dividend payout ratio is 57.30%.
Several brokerages have weighed in on CA. Oppenheimer reaffirmed a “hold” rating on shares of CA in a research report on Wednesday, January 31st. Argus reaffirmed a “buy” rating and issued a $33.70 target price (down from $40.00) on shares of CA in a research report on Wednesday, February 7th. BidaskClub raised CA from a “hold” rating to a “buy” rating in a research report on Wednesday. Barclays upped their target price on CA from $34.00 to $37.00 and gave the stock an “equal weight” rating in a research report on Wednesday, January 31st. Finally, Evercore ISI reaffirmed a “sell” rating and issued a $36.00 target price on shares of CA in a research report on Friday, February 2nd. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating and seven have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $34.23.
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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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