Commonwealth Bank of Australia increased its position in CA, Inc. (NASDAQ:CA) by 7.1% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 65,818 shares of the technology company’s stock after purchasing an additional 4,391 shares during the period. Commonwealth Bank of Australia’s holdings in CA were worth $2,192,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Louisiana State Employees Retirement System lifted its stake in CA by 0.5% during the 2nd quarter. Louisiana State Employees Retirement System now owns 19,400 shares of the technology company’s stock valued at $669,000 after acquiring an additional 100 shares in the last quarter. Public Employees Retirement Association of Colorado lifted its stake in CA by 1.2% during the 2nd quarter. Public Employees Retirement Association of Colorado now owns 55,384 shares of the technology company’s stock valued at $1,909,000 after acquiring an additional 664 shares in the last quarter. Municipal Employees Retirement System of Michigan lifted its stake in CA by 7.4% during the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 40,190 shares of the technology company’s stock valued at $1,386,000 after acquiring an additional 2,770 shares in the last quarter. CIBC Asset Management Inc lifted its stake in CA by 3.6% during the 2nd quarter. CIBC Asset Management Inc now owns 46,260 shares of the technology company’s stock valued at $1,595,000 after acquiring an additional 1,602 shares in the last quarter. Finally, Bessemer Group Inc. lifted its stake in CA by 419.6% during the 2nd quarter. Bessemer Group Inc. now owns 3,871 shares of the technology company’s stock valued at $134,000 after acquiring an additional 3,126 shares in the last quarter. Institutional investors own 69.11% of the company’s stock.

Shares of CA, Inc. (CA) opened at $33.19 on Monday. CA, Inc. has a twelve month low of $30.01 and a twelve month high of $36.54. The firm has a market capitalization of $13,891.46, a PE ratio of 15.23, a P/E/G ratio of 4.43 and a beta of 0.74. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 0.42.

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

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

Several equities research analysts have recently issued reports on the company. Barclays decreased their target price on CA from $36.00 to $34.00 and set an “equal weight” rating for the company in a research report on Thursday, October 26th. Mizuho reaffirmed a “hold” rating and set a $34.00 target price on shares of CA in a research report on Wednesday, October 25th. ValuEngine raised CA from a “hold” rating to a “buy” rating in a research report on Monday, September 11th. Credit Suisse Group reaffirmed a “neutral” rating and set a $34.00 target price on shares of CA in a research report on Tuesday, September 5th. Finally, BidaskClub raised CA from a “strong sell” rating to a “sell” rating in a research report on Saturday. Four investment analysts have rated the stock with a sell rating, ten have given a hold rating and five have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $33.70.

In other CA news, EVP Lauren Patricia Flaherty sold 24,843 shares of CA stock in a transaction dated Wednesday, November 1st. The stock was sold at an average price of $32.59, for a total transaction of $809,633.37. Following the completion of the transaction, the executive vice president now owns 82,000 shares of the company’s stock, valued at approximately $2,672,380. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Jacob Lamm sold 16,349 shares of CA stock in a transaction dated Monday, September 11th. The shares were sold at an average price of $33.45, for a total value of $546,874.05. Following the transaction, the executive vice president now directly owns 45,483 shares of the company’s stock, valued at approximately $1,521,406.35. The disclosure for this sale can be found here. In the last three months, insiders sold 112,427 shares of company stock valued at $3,734,332. 0.90% of the stock is currently owned by insiders.

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CA 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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