Nomura Asset Management Co. Ltd. Has $1.70 Million Holdings in CA, Inc. (CA)

Nomura Asset Management Co. Ltd. raised its stake in CA, Inc. (NASDAQ:CA) by 4.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 50,795 shares of the technology company’s stock after buying an additional 2,376 shares during the period. Nomura Asset Management Co. Ltd.’s holdings in CA were worth $1,695,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. California State Teachers Retirement System lifted its stake in shares of CA by 2.1% in the 2nd quarter. California State Teachers Retirement System now owns 610,877 shares of the technology company’s stock valued at $21,057,000 after purchasing an additional 12,408 shares during the period. Sii Investments Inc. WI lifted its stake in shares of CA by 1.7% in the 2nd quarter. Sii Investments Inc. WI now owns 8,039 shares of the technology company’s stock valued at $278,000 after purchasing an additional 131 shares during the period. Teachers Advisors LLC lifted its stake in shares of CA by 2.4% in the 2nd quarter. Teachers Advisors LLC now owns 1,326,972 shares of the technology company’s stock valued at $45,741,000 after purchasing an additional 31,368 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake in shares of CA by 26.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,148 shares of the technology company’s stock valued at $108,000 after purchasing an additional 654 shares during the period. Finally, The Manufacturers Life Insurance Company lifted its stake in shares of CA by 1.1% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 367,111 shares of the technology company’s stock valued at $12,654,000 after purchasing an additional 4,044 shares during the period. Hedge funds and other institutional investors own 69.11% of the company’s stock.

CA has been the topic of a number of recent analyst reports. Royal Bank of Canada reissued a “hold” rating and issued a $32.00 price objective on shares of CA in a research note on Monday, August 21st. BidaskClub raised CA from a “strong sell” rating to a “sell” rating in a research note on Thursday, September 28th. KeyCorp reissued a “sector weight” rating on shares of CA in a research note on Sunday, September 17th. Credit Suisse Group reissued a “neutral” rating and issued a $34.00 price objective on shares of CA in a research note on Tuesday, September 5th. Finally, Mizuho reissued a “hold” rating and issued a $34.00 price objective on shares of CA in a research note on Wednesday, October 25th. Three analysts have rated the stock with a sell rating, eleven have issued a hold rating and five have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $33.70.

In related news, EVP Lauren Patricia Flaherty sold 24,843 shares of the company’s stock in a transaction that occurred on Wednesday, November 1st. The stock was sold at an average price of $32.59, for a total transaction of $809,633.37. Following the transaction, the executive vice president now directly owns 82,000 shares of the company’s stock, valued at approximately $2,672,380. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 0.90% of the stock is currently owned by corporate insiders.

CA, Inc. (CA) opened at $33.19 on Friday. CA, Inc. has a 52 week low of $30.45 and a 52 week high of $36.54. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.24 and a current ratio of 1.24. The firm has a market capitalization of $13,962.61, a P/E ratio of 15.30, a P/E/G ratio of 4.45 and a beta of 0.74.

CA (NASDAQ:CA) last posted its quarterly earnings results on Wednesday, October 25th. The technology company reported $0.62 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.62. CA had a return on equity of 15.74% and a net margin of 17.83%. The business had revenue of $1.03 billion for the quarter, compared to the consensus estimate of $1.05 billion. During the same period in the prior year, the business earned $0.67 EPS. The firm’s revenue for the quarter was up 1.6% on a year-over-year basis. analysts anticipate that CA, Inc. will post 2.25 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 12th. Investors of record on Thursday, November 30th were paid a dividend of $0.255 per share. This represents a $1.02 dividend on an annualized basis and a yield of 3.07%. The ex-dividend date was Wednesday, November 29th. CA’s dividend payout ratio (DPR) is currently 58.62%.

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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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Institutional Ownership by Quarter for CA (NASDAQ:CA)

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