Meadow Creek Investment Management LLC grew its holdings in shares of CA, Inc. (NASDAQ:CA) by 7.7% during the fourth quarter, HoldingsChannel reports. The firm owned 276,454 shares of the technology company’s stock after acquiring an additional 19,720 shares during the quarter. Meadow Creek Investment Management LLC’s holdings in CA were worth $9,200,000 as of its most recent filing with the Securities & Exchange Commission.
Other large investors have also made changes to their positions in the company. Fieldpoint Private Securities LLC acquired a new stake in shares of CA during the 3rd quarter worth approximately $101,000. Ffcm LLC boosted its position in shares of CA by 1,808.7% during the 4th quarter. Ffcm LLC now owns 3,073 shares of the technology company’s stock worth $103,000 after acquiring an additional 2,912 shares in the last quarter. Avestar Capital LLC acquired a new stake in shares of CA during the 4th quarter worth approximately $103,000. Captrust Financial Advisors acquired a new stake in shares of CA during the 4th quarter worth approximately $148,000. Finally, Ladenburg Thalmann Financial Services Inc. boosted its position in shares of CA by 56.3% during the 3rd quarter. Ladenburg Thalmann Financial Services Inc. now owns 6,270 shares of the technology company’s stock worth $210,000 after acquiring an additional 2,259 shares in the last quarter. Hedge funds and other institutional investors own 68.01% of the company’s stock.
CA has been the topic of several analyst reports. BidaskClub upgraded shares of CA from a “strong sell” rating to a “sell” rating in a research report on Saturday, December 2nd. Credit Suisse Group increased their price target on shares of CA from $34.00 to $36.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 31st. Oppenheimer reiterated a “hold” rating on shares of CA in a research report on Wednesday, January 31st. Barclays increased their price target on shares of CA from $34.00 to $37.00 and gave the stock an “equal weight” rating in a research report on Wednesday, January 31st. Finally, Jefferies Group reiterated a “buy” rating and set a $41.00 price target on shares of CA in a research report on Wednesday, January 31st. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating and seven have given a buy rating to the stock. CA has an average rating of “Hold” and an average price target of $34.23.
Shares of CA, Inc. (CA) opened at $36.27 on Wednesday. CA, Inc. has a 52-week low of $30.45 and a 52-week high of $37.25. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.24 and a quick ratio of 1.24. The firm has a market cap of $15,346.98, a P/E ratio of 35.91, a price-to-earnings-growth ratio of 4.66 and a beta of 0.69.
CA (NASDAQ:CA) last issued its earnings results on Tuesday, January 30th. The technology company reported $0.75 earnings per share for the quarter, beating analysts’ consensus estimates of $0.55 by $0.20. CA had a net margin of 10.23% and a return on equity of 16.52%. The firm had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.07 billion. During the same quarter last year, the business posted $0.63 earnings per share. The company’s quarterly revenue was up 8.5% on a year-over-year basis. equities research analysts expect that CA, Inc. will post 2.37 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Tuesday, March 13th. Shareholders of record on Thursday, February 22nd were given a $0.255 dividend. The ex-dividend date of this dividend was Wednesday, February 21st. This represents a $1.02 dividend on an annualized basis and a yield of 2.81%. CA’s dividend payout ratio is currently 100.99%.
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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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