BidaskClub cut shares of CA (NASDAQ:CA) from a hold rating to a sell rating in a report released on Saturday morning.

A number of other analysts have also weighed in on the company. KeyCorp reissued a sector weight rating on shares of CA in a research note on Sunday, September 17th. Mizuho restated a hold rating and set a $34.00 target price on shares of CA in a report on Wednesday, October 25th. Zacks Investment Research upgraded CA from a hold rating to a buy rating and set a $37.00 target price for the company in a report on Monday, October 30th. ValuEngine upgraded CA from a hold rating to a buy rating in a report on Monday, September 11th. Finally, Barclays decreased their target price on CA from $36.00 to $34.00 and set an equal weight rating for the company in a report on Thursday, October 26th. Four investment analysts have rated the stock with a sell rating, ten have issued a hold rating and five have given a buy rating to the company. The stock has a consensus rating of Hold and an average target price of $33.70.

Shares of CA (CA) opened at $33.76 on Friday. The firm has a market capitalization of $14,130.00, a P/E ratio of 19.51, a PEG ratio of 4.54 and a beta of 0.74. CA 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.

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

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 12th. Investors of record on Thursday, November 30th were issued a dividend of $0.255 per share. The ex-dividend date of this dividend was Wednesday, November 29th. This represents a $1.02 dividend on an annualized basis and a dividend yield of 3.02%. CA’s dividend payout ratio is presently 58.96%.

In other CA news, EVP Lauren Patricia Flaherty sold 24,843 shares of the stock in a transaction on Wednesday, November 1st. The stock was sold at an average price of $32.59, for a total value of $809,633.37. Following the completion of the transaction, the executive vice president now owns 82,000 shares in the company, valued at $2,672,380. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 0.90% of the stock is owned by corporate insiders.

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Fieldpoint Private Securities LLC bought a new position in shares of CA during the third quarter valued at $101,000. Northwestern Mutual Wealth Management Co. increased its holdings in shares of CA by 26.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,148 shares of the technology company’s stock valued at $108,000 after acquiring an additional 654 shares in the last quarter. D.A. Davidson & CO. increased its holdings in shares of CA by 4.2% during the second quarter. D.A. Davidson & CO. now owns 4,227 shares of the technology company’s stock valued at $145,000 after acquiring an additional 169 shares in the last quarter. Ladenburg Thalmann Financial Services Inc. increased its holdings in shares of CA by 56.3% during the third quarter. Ladenburg Thalmann Financial Services Inc. now owns 6,270 shares of the technology company’s stock valued at $210,000 after acquiring an additional 2,259 shares in the last quarter. Finally, Sun Life Financial INC increased its holdings in shares of CA by 3,772.8% during the second quarter. Sun Life Financial INC now owns 6,700 shares of the technology company’s stock valued at $231,000 after acquiring an additional 6,527 shares in the last quarter. Institutional investors and hedge funds own 68.84% of the company’s stock.

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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.

Analyst Recommendations for CA (NASDAQ:CA)

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