Exxonmobil Investment Management Inc. TX cut its position in CA Inc. (NASDAQ:CA) by 13.6% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 60,165 shares of the technology company’s stock after selling 9,448 shares during the period. Exxonmobil Investment Management Inc. TX’s holdings in CA were worth $2,074,000 as of its most recent filing with the SEC.

Several other large investors have also recently added to or reduced their stakes in CA. Creative Planning raised its stake in CA by 99.6% in the second quarter. Creative Planning now owns 11,953 shares of the technology company’s stock worth $412,000 after buying an additional 5,964 shares during the last quarter. Arvest Bank Trust Division bought a new stake in CA during the second quarter worth about $14,555,000. Capital One National Association raised its stake in CA by 12.5% in the second quarter. Capital One National Association now owns 12,693 shares of the technology company’s stock worth $438,000 after buying an additional 1,413 shares during the last quarter. Guinness Asset Management Ltd raised its stake in CA by 18.6% in the second quarter. Guinness Asset Management Ltd now owns 367,638 shares of the technology company’s stock worth $12,672,000 after buying an additional 57,600 shares during the last quarter. Finally, Xact Kapitalforvaltning AB raised its stake in CA by 3.8% in the second quarter. Xact Kapitalforvaltning AB now owns 64,836 shares of the technology company’s stock worth $2,235,000 after buying an additional 2,361 shares during the last quarter. Institutional investors and hedge funds own 70.62% of the company’s stock.

Shares of CA Inc. (NASDAQ:CA) opened at 34.06 on Wednesday. The company has a 50-day moving average price of $33.34 and a 200 day moving average price of $32.43. The firm has a market capitalization of $14.23 billion, a P/E ratio of 18.41 and a beta of 0.87. CA Inc. has a one year low of $30.01 and a one year high of $36.54.

CA (NASDAQ:CA) last released its quarterly earnings data on Thursday, May 11th. The technology company reported $0.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.49 by $0.05. CA had a net margin of 19.20% and a return on equity of 17.15%. The business had revenue of $1.01 billion during the quarter, compared to analyst estimates of $996.59 million. During the same quarter in the previous year, the business earned $0.60 EPS. CA’s quarterly revenue was up .3% compared to the same quarter last year. Analysts expect that CA Inc. will post $2.38 earnings per share for the current fiscal year.

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CA has been the topic of a number of recent analyst reports. FIG Partners raised CA to an “outperform” rating and increased their price target for the stock from $40.00 to $42.25 in a research note on Wednesday, May 3rd. Jefferies Group LLC reissued a “buy” rating and set a $38.00 price target on shares of CA in a research note on Sunday, May 14th. Zacks Investment Research raised CA from a “sell” rating to a “hold” rating and set a $38.00 price target on the stock in a research note on Tuesday, July 11th. Oppenheimer Holdings, Inc. reissued a “market perform” rating on shares of CA in a research note on Friday, May 12th. Finally, Raymond James Financial, Inc. raised CA from a “market perform” rating to an “outperform” rating and set a $42.00 price target on the stock in a research note on Monday, May 8th. Four analysts have rated the stock with a sell rating, eight have given a hold rating and five have assigned a buy rating to the company. CA has an average rating of “Hold” and an average price target of $35.10.

In related news, insider Ayman Sayed sold 30,194 shares of CA stock in a transaction on Wednesday, June 21st. The shares were sold at an average price of $35.62, for a total value of $1,075,510.28. Following the completion of the sale, the insider now owns 168,455 shares of the company’s stock, valued at approximately $6,000,367.10. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.90% of the stock is currently owned by insiders.

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.

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Institutional Ownership by Quarter for CA (NASDAQ:CA)

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