Shares of CA, Inc. (NASDAQ:CA) have been given an average rating of “Hold” by the thirteen research firms that are covering the company, MarketBeat reports. Ten investment analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $37.71.

A number of research firms recently issued reports on CA. BidaskClub upgraded shares of CA from a “hold” rating to a “buy” rating in a research report on Friday, October 12th. Jefferies Financial Group cut shares of CA from a “buy” rating to a “hold” rating and set a $38.00 price target for the company. in a research report on Tuesday, July 17th. Zacks Investment Research cut shares of CA from a “buy” rating to a “hold” rating in a research report on Monday, October 8th. Finally, Argus cut shares of CA from a “buy” rating to a “hold” rating in a research report on Tuesday, July 24th.

CA stock opened at $44.44 on Friday. The company has a market cap of $18.58 billion, a P/E ratio of 19.16, a P/E/G ratio of 3.84 and a beta of 0.73. CA has a 1 year low of $31.97 and a 1 year high of $44.47. The company has a quick ratio of 2.21, a current ratio of 2.21 and a debt-to-equity ratio of 0.32.

In other CA news, insider Ayman Sayed sold 34,562 shares of the company’s stock in a transaction that occurred on Monday, August 13th. The shares were sold at an average price of $43.34, for a total value of $1,497,917.08. Following the completion of the transaction, the insider now directly owns 89,514 shares in the company, valued at approximately $3,879,536.76. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Corporate insiders own 0.87% of the company’s stock.

Several large investors have recently bought and sold shares of the company. Johnson Financial Group Inc. boosted its stake in shares of CA by 6.4% in the 2nd quarter. Johnson Financial Group Inc. now owns 19,283 shares of the technology company’s stock valued at $687,000 after purchasing an additional 1,155 shares during the last quarter. CIBC Asset Management Inc boosted its stake in CA by 2.4% during the third quarter. CIBC Asset Management Inc now owns 50,715 shares of the technology company’s stock worth $2,239,000 after acquiring an additional 1,199 shares in the last quarter. First Midwest Bank Trust Division boosted its stake in CA by 8.2% during the third quarter. First Midwest Bank Trust Division now owns 15,762 shares of the technology company’s stock worth $696,000 after acquiring an additional 1,200 shares in the last quarter. BB&T Securities LLC boosted its stake in CA by 13.8% during the second quarter. BB&T Securities LLC now owns 9,977 shares of the technology company’s stock worth $355,000 after acquiring an additional 1,210 shares in the last quarter. Finally, Amalgamated Bank boosted its stake in CA by 3.2% during the second quarter. Amalgamated Bank now owns 40,372 shares of the technology company’s stock worth $1,439,000 after acquiring an additional 1,238 shares in the last quarter. 69.66% of the stock is currently owned by institutional investors.

About CA

CA, Inc, doing business as CA technologies, develops, markets, delivers, and licenses software products and services in the United States and internationally. It operates through three segments: Mainframe Solutions, Enterprise Solutions, and Services. The Mainframe Solutions segment offers solutions for the IBM z Systems platform, which runs various mission critical business applications.

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Analyst Recommendations for CA (NASDAQ:CA)

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