Pacer Advisors Inc. boosted its position in CA Inc. (NASDAQ:CA) by 30.8% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 14,114 shares of the technology company’s stock after buying an additional 3,324 shares during the period. Pacer Advisors Inc.’s holdings in CA were worth $448,000 as of its most recent filing with the SEC.
A number of other hedge funds also recently made changes to their positions in CA. Norges Bank bought a new stake in shares of CA during the fourth quarter valued at about $105,650,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main acquired a new stake in shares of CA during the fourth quarter valued at $45,335,000. State Street Corp increased 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 valued at $475,079,000 after buying an additional 1,323,670 shares in the last quarter. FIL Ltd increased 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 valued at $234,700,000 after buying an additional 1,060,383 shares in the last quarter. Finally, Macquarie Group Ltd. increased 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 valued at $738,510,000 after buying an additional 1,029,064 shares in the last quarter. Hedge funds and other institutional investors own 71.69% of the company’s stock.
CA Inc. (CA) opened at 31.84 on Friday. CA Inc. has a 1-year low of $30.01 and a 1-year high of $34.99. The company has a 50-day moving average of $32.02 and a 200-day moving average of $32.08. The firm has a market cap of $13.30 billion, a price-to-earnings ratio of 17.21 and a beta of 0.92.
CA (NASDAQ:CA) last posted its earnings results on Thursday, May 11th. The technology company reported $0.54 EPS for the quarter, topping the consensus estimate of $0.49 by $0.05. CA had a net margin of 19.20% and a return on equity of 17.15%. The business had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $996.59 million. During the same period last year, the company earned $0.60 EPS. The firm’s revenue was up .3% compared to the same quarter last year. Analysts predict that CA Inc. will post $2.39 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 13th. Investors of record on Thursday, May 25th were given a dividend of $0.255 per share. The ex-dividend date was Tuesday, May 23rd. This represents a $1.02 annualized dividend and a yield of 3.20%. CA’s dividend payout ratio is presently 55.14%.
Several equities analysts have recently commented on CA shares. Evercore ISI cut shares of CA from a “hold” rating to an “underperform” rating in a research report on Friday, March 3rd. Jefferies Group LLC reaffirmed a “buy” rating and set a $38.00 price target on shares of CA in a research report on Tuesday, March 7th. Zacks Investment Research raised shares of CA from a “sell” rating to a “hold” rating in a research report on Tuesday, March 28th. DA Davidson cut shares of CA from a “buy” rating to a “neutral” rating in a report on Monday, April 10th. Finally, Piper Jaffray Companies raised their target price on shares of CA from $42.00 to $45.00 and gave the stock an “overweight” rating in a report on Monday, April 17th. Three equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and six have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus 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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