Great West Life Assurance Co. Can decreased its stake in shares of CA Inc. (NASDAQ:CA) by 4.0% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 270,357 shares of the technology company’s stock after selling 11,336 shares during the period. Great West Life Assurance Co. Can’s holdings in CA were worth $9,308,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of CA. Vanguard Group Inc. boosted its position in shares of CA by 27.8% in the first quarter. Vanguard Group Inc. now owns 26,311,643 shares of the technology company’s stock valued at $834,606,000 after buying an additional 5,729,276 shares during the last quarter. Bank of New York Mellon Corp boosted its position in shares of CA by 2.3% in the first quarter. Bank of New York Mellon Corp now owns 24,311,915 shares of the technology company’s stock valued at $771,175,000 after buying an additional 546,030 shares during the last quarter. Macquarie Group Ltd. boosted its position in shares of CA by 2.1% in the first quarter. Macquarie Group Ltd. now owns 23,725,398 shares of the technology company’s stock valued at $752,570,000 after buying an additional 479,924 shares during the last quarter. BlackRock Inc. boosted its position in shares of CA by 2,711.1% in the first quarter. BlackRock Inc. now owns 20,716,899 shares of the technology company’s stock valued at $657,139,000 after buying an additional 19,979,935 shares during the last quarter. Finally, Bank of America Corp DE boosted its position in shares of CA by 1.0% in the first quarter. Bank of America Corp DE now owns 15,719,102 shares of the technology company’s stock valued at $498,611,000 after buying an additional 154,092 shares during the last quarter. Institutional investors own 70.49% of the company’s stock.

Shares of CA Inc. (NASDAQ CA) opened at 32.05 on Friday. The stock has a market capitalization of $13.50 billion, a price-to-earnings ratio of 17.81 and a beta of 0.86. The stock has a 50 day moving average of $33.62 and a 200-day moving average of $32.42. CA Inc. has a 52-week low of $30.01 and a 52-week high of $36.54.

CA (NASDAQ:CA) last issued its quarterly earnings data on Wednesday, August 2nd. The technology company reported $0.61 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.55 by $0.06. CA had a return on equity of 16.54% and a net margin of 18.59%. The business had revenue of $1.03 billion during the quarter, compared to analyst estimates of $1.01 billion. During the same period in the previous year, the firm earned $0.64 EPS. CA’s quarterly revenue was up 2.6% compared to the same quarter last year. On average, equities research analysts predict that CA Inc. will post $2.45 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 12th. Investors of record on Thursday, August 24th will be given a $0.255 dividend. The ex-dividend date of this dividend is Tuesday, August 22nd. This represents a $1.02 annualized dividend and a dividend yield of 3.18%. CA’s dividend payout ratio is presently 56.67%.

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CA has been the subject of several recent analyst reports. BidaskClub cut shares of CA from a “hold” rating to a “sell” rating in a report on Saturday, July 1st. Sanford C. Bernstein reiterated an “underperform” rating and issued a $28.00 target price on shares of CA in a report on Wednesday, June 28th. Zacks Investment Research upgraded shares of CA from a “sell” rating to a “hold” rating and set a $38.00 target price for the company in a report on Tuesday, July 11th. Citigroup Inc. raised their target price on shares of CA from $34.00 to $36.00 and gave the stock a “neutral” rating in a report on Wednesday, June 28th. Finally, Jefferies Group LLC reiterated a “buy” rating and issued a $38.00 target price on shares of CA in a report on Wednesday, June 21st. Four equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and five have issued a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $35.09.

In other CA news, insider Ayman Sayed sold 30,194 shares of the company’s stock in a transaction that occurred on Wednesday, June 21st. The stock was sold at an average price of $35.62, for a total transaction of $1,075,510.28. Following the completion of the transaction, 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 legal filing with the SEC, which is available at this hyperlink. Also, insider Adam Elster sold 166,621 shares of the company’s stock in a transaction that occurred on Monday, August 7th. The stock was sold at an average price of $32.26, for a total value of $5,375,193.46. Following the transaction, the insider now directly owns 251,356 shares of the company’s stock, valued at approximately $8,108,744.56. The disclosure for this sale can be found here. Insiders sold a total of 197,489 shares of company stock valued at $6,472,070 over the last quarter. 0.90% of the stock is 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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