CA, Inc. (CA) Shares Bought by Tower Research Capital LLC TRC
Tower Research Capital LLC TRC grew its stake in CA, Inc. (NASDAQ:CA) by 1,534,100.0% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 15,342 shares of the technology company’s stock after purchasing an additional 15,341 shares during the period. Tower Research Capital LLC TRC’s holdings in CA were worth $547,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds also recently bought and sold shares of the company. First Mercantile Trust Co. acquired a new stake in shares of CA in the 2nd quarter valued at approximately $113,000. Captrust Financial Advisors boosted its position in CA by 53.5% during the 2nd quarter. Captrust Financial Advisors now owns 4,458 shares of the technology company’s stock worth $159,000 after buying an additional 1,553 shares during the period. Intact Investment Management Inc. acquired a new stake in CA during the 2nd quarter worth approximately $214,000. Hikari Power Ltd boosted its position in CA by 22.2% during the 2nd quarter. Hikari Power Ltd now owns 7,490 shares of the technology company’s stock worth $267,000 after buying an additional 1,360 shares during the period. Finally, BB&T Securities LLC boosted its position in CA by 13.8% during the 2nd quarter. BB&T Securities LLC now owns 9,977 shares of the technology company’s stock worth $355,000 after buying an additional 1,210 shares during the period. Institutional investors own 69.84% of the company’s stock.
NASDAQ:CA opened at $44.09 on Monday. The firm has a market capitalization of $18.44 billion, a PE ratio of 19.00, a P/E/G ratio of 3.81 and a beta of 0.84. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.21 and a quick ratio of 2.21. CA, Inc. has a twelve month low of $31.45 and a twelve month high of $44.25.
The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 11th. Shareholders of record on Thursday, August 23rd were paid a dividend of $0.255 per share. The ex-dividend date was Wednesday, August 22nd. This represents a $1.02 dividend on an annualized basis and a yield of 2.31%. CA’s dividend payout ratio (DPR) is presently 43.97%.
CA has been the topic of several recent research reports. Zacks Investment Research upgraded shares of CA from a “hold” rating to a “buy” rating and set a $49.00 target price on the stock in a research report on Thursday, August 9th. ValuEngine upgraded shares of CA from a “hold” rating to a “buy” rating in a research report on Friday, June 1st. BidaskClub upgraded shares of CA from a “hold” rating to a “buy” rating in a research report on Wednesday, May 30th. TheStreet downgraded shares of CA from an “a-” rating to a “c” rating in a research report on Wednesday, July 11th. Finally, Argus downgraded shares of CA from a “buy” rating to a “hold” rating in a research report on Tuesday, July 24th. Eleven equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $38.07.
In other CA news, insider Ayman Sayed sold 34,562 shares of CA stock in a transaction on Monday, August 13th. The shares were sold at an average price of $43.34, for a total transaction of $1,497,917.08. Following the transaction, the insider now directly owns 89,514 shares of the company’s stock, valued at approximately $3,879,536.76. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders have sold a total of 81,531 shares of company stock valued at $3,543,039 in the last 90 days. 0.87% of the stock is currently owned by company insiders.
CA, Inc, together with its subsidiaries, 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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