First National Bank of Mount Dora Trust Investment Services reduced its stake in CA Inc. (NASDAQ:CA) by 6.9% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 31,883 shares of the technology company’s stock after selling 2,380 shares during the quarter. First National Bank of Mount Dora Trust Investment Services’ holdings in CA were worth $1,065,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of CA. BlackRock Inc. lifted its holdings in CA by 2,711.1% during the 1st quarter. BlackRock Inc. now owns 20,716,899 shares of the technology company’s stock worth $657,139,000 after buying an additional 19,979,935 shares in the last quarter. Vanguard Group Inc. lifted its holdings in CA by 22.3% during the 2nd quarter. Vanguard Group Inc. now owns 32,166,860 shares of the technology company’s stock worth $1,108,792,000 after buying an additional 5,855,217 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in CA by 11.1% during the 2nd quarter. Bank of New York Mellon Corp now owns 27,003,706 shares of the technology company’s stock worth $930,816,000 after buying an additional 2,691,791 shares in the last quarter. First Trust Advisors LP lifted its holdings in CA by 15.7% during the 2nd quarter. First Trust Advisors LP now owns 4,441,835 shares of the technology company’s stock worth $153,110,000 after buying an additional 604,026 shares in the last quarter. Finally, Marshall Wace North America L.P. lifted its holdings in CA by 1,219.9% during the 2nd quarter. Marshall Wace North America L.P. now owns 615,964 shares of the technology company’s stock worth $20,943,000 after buying an additional 569,296 shares in the last quarter. Hedge funds and other institutional investors own 67.49% of the company’s stock.

Shares of CA Inc. (CA) traded up 0.0670% on Wednesday, reaching $33.6125. 655,008 shares of the company’s stock traded hands. CA Inc. has a 52 week low of $30.01 and a 52 week high of $36.54. The company has a 50 day moving average of $33.25 and a 200-day moving average of $32.77. The stock has a market capitalization of $14.16 billion, a PE ratio of 18.6736 and a beta of 0.83.

CA (NASDAQ:CA) last released its earnings results on Wednesday, August 2nd. The technology company reported $0.61 earnings per share for the quarter, beating the consensus estimate of $0.55 by $0.06. CA had a net margin of 18.59% and a return on equity of 16.54%. The firm had revenue of $1.03 billion during the quarter, compared to analyst estimates of $1.01 billion. During the same quarter in the previous year, the firm earned $0.64 earnings per share. The firm’s revenue for the quarter was up 2.6% compared to the same quarter last year. Equities research analysts forecast that CA Inc. will post $2.46 earnings per share for the current year.

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In other news, insider Ayman Sayed sold 12,920 shares of the company’s stock in a transaction dated Friday, August 11th. The shares were sold at an average price of $32.19, for a total transaction of $415,894.80. Following the completion of the transaction, the insider now owns 114,422 shares in the company, valued at $3,683,244.18. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Jacob Lamm sold 16,349 shares of the company’s stock in a transaction dated Monday, September 11th. The stock was sold at an average price of $33.45, for a total transaction of $546,874.05. Following the transaction, the executive vice president now 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 quarter, insiders have sold 286,056 shares of company stock valued at $9,330,507. 0.90% of the stock is owned by insiders.

A number of research firms have issued reports on CA. BidaskClub upgraded shares of CA from a “strong sell” rating to a “sell” rating in a report on Wednesday, August 9th. Barclays PLC reiterated an “equal weight” rating and set a $36.00 target price (up from $35.00) on shares of CA in a report on Wednesday, August 9th. Mizuho reiterated a “hold” rating and set a $34.00 target price on shares of CA in a report on Friday, July 28th. ValuEngine upgraded shares of CA from a “hold” rating to a “buy” rating in a report on Monday, September 11th. Finally, Zacks Investment Research upgraded shares of CA from a “sell” rating to a “hold” rating and set a $38.00 target price on the stock in a report on Tuesday, July 11th. Four equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and six have assigned a buy rating to the company. CA presently has a consensus rating of “Hold” and an average price target of $34.88.

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.

Institutional Ownership by Quarter for CA (NASDAQ:CA)

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