CA, Inc. (CA) Position Lowered by Sii Investments Inc. WI
Sii Investments Inc. WI cut its stake in shares of CA, Inc. (NYSE:CA) by 22.2% during the second quarter, according to its most recent disclosure with the SEC. The firm owned 7,933 shares of the company’s stock after selling 2,261 shares during the period. Sii Investments Inc. WI’s holdings in CA were worth $259,000 at the end of the most recent reporting period.
Other hedge funds also recently made changes to their positions in the company. Principal Financial Group Inc. boosted its position in shares of CA by 133.7% in the second quarter. Principal Financial Group Inc. now owns 1,066,177 shares of the company’s stock worth $35,002,000 after buying an additional 609,931 shares during the last quarter. AJO LP boosted its position in shares of CA by 396.5% in the second quarter. AJO LP now owns 4,336,302 shares of the company’s stock worth $142,361,000 after buying an additional 3,462,924 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in shares of CA by 1.0% in the second quarter. Dimensional Fund Advisors LP now owns 5,159,484 shares of the company’s stock worth $169,364,000 after buying an additional 50,546 shares during the last quarter. Denver Investment Advisors LLC boosted its position in shares of CA by 9.3% in the second quarter. Denver Investment Advisors LLC now owns 31,196 shares of the company’s stock worth $1,024,000 after buying an additional 2,660 shares during the last quarter. Finally, Eaton Vance Management boosted its position in shares of CA by 3.0% in the second quarter. Eaton Vance Management now owns 7,766 shares of the company’s stock worth $255,000 after buying an additional 228 shares during the last quarter.
CA, Inc. (NYSE:CA) traded up 0.736% during trading on Monday, hitting $32.185. 444,909 shares of the stock were exchanged. The stock’s 50-day moving average price is $34.04 and its 200-day moving average price is $32.13. The firm has a market cap of $13.48 billion and a PE ratio of 17.881. CA, Inc. has a 12-month low of $25.18 and a 12-month high of $34.99.
CA (NYSE:CA) last posted its quarterly earnings data on Wednesday, July 27th. The company reported $0.64 EPS for the quarter, beating analysts’ consensus estimates of $0.61 by $0.03. The firm had revenue of $999 million for the quarter, compared to analysts’ expectations of $982.21 million. During the same period in the prior year, the company posted $0.64 earnings per share. CA’s quarterly revenue was up 2.3% compared to the same quarter last year. On average, equities analysts expect that CA, Inc. will post $2.52 EPS for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 13th. Shareholders of record on Thursday, August 25th were paid a dividend of $0.255 per share. The ex-dividend date of this dividend was Tuesday, August 23rd. This is a positive change from CA’s previous quarterly dividend of $0.25. This represents a $1.02 dividend on an annualized basis and a yield of 3.19%.
CA has been the subject of a number of research reports. Zacks Investment Research upgraded shares of CA from a “hold” rating to a “buy” rating and set a $39.00 target price for the company in a research report on Monday, August 1st. Jefferies Group restated a “buy” rating on shares of CA in a research report on Thursday, June 2nd. Barclays PLC cut shares of CA from an “overweight” rating to an “equal weight” rating and lifted their target price for the stock from $33.00 to $35.00 in a research report on Friday, July 15th. Credit Suisse Group AG restated a “hold” rating and set a $34.00 target price on shares of CA in a research report on Monday, August 29th. Finally, Mizuho lowered shares of CA from a “buy” rating to a “neutral” rating and set a $34.00 price objective for the company. in a research report on Thursday, July 14th. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $35.50.
CA Company Profile
CA, Inc (CA Technologies) is engaged in providing information technology (IT) management software and solutions. The Company operates through three business segments: Mainframe Solutions, Enterprise Solutions and Services. The Mainframe Solutions segment products allow customers and partners transform mainframe management.
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