CA Inc. (NASDAQ:CA)‘s stock had its “sector weight” rating reiterated by stock analysts at KeyCorp in a research report issued to clients and investors on Sunday.

A number of other brokerages have also weighed in on CA. Barclays PLC restated an “equal weight” rating and set a $36.00 price objective (up previously from $35.00) on shares of CA in a research note on Thursday, August 3rd. Zacks Investment Research upgraded CA from a “sell” rating to a “hold” rating and set a $38.00 price objective for the company in a research note on Tuesday, July 11th. ValuEngine upgraded CA from a “hold” rating to a “buy” rating in a research note on Monday, September 11th. BidaskClub upgraded CA from a “strong sell” rating to a “sell” rating in a research note on Wednesday, August 9th. Finally, Jefferies Group LLC restated a “buy” rating and set a $38.00 price objective on shares of CA in a research note on Wednesday, June 21st. Four equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and six have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $34.88.

Shares of CA (CA) opened at 32.99 on Friday. The company’s 50-day moving average price is $32.57 and its 200 day moving average price is $32.61. The stock has a market cap of $13.90 billion, a PE ratio of 18.33 and a beta of 0.82. CA has a 1-year low of $30.01 and a 1-year high of $36.54.

CA (NASDAQ:CA) last posted its earnings results on Wednesday, August 2nd. The technology company reported $0.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 quarter last year, the firm earned $0.64 earnings per share. The company’s revenue for the quarter was up 2.6% compared to the same quarter last year. Equities analysts forecast that CA will post $2.46 EPS for the current fiscal year.

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In related news, insider Ayman Sayed sold 30,194 shares of the firm’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 value of $1,075,510.28. Following the sale, the insider now owns 168,455 shares of the company’s stock, valued at approximately $6,000,367.10. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Jacob Lamm sold 16,349 shares of the firm’s stock in a transaction that occurred on Monday, September 11th. The stock was sold at an average price of $33.45, for a total value of $546,874.05. Following the completion of the sale, the executive vice president now directly owns 45,483 shares in the company, valued at approximately $1,521,406.35. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 316,250 shares of company stock worth $10,406,017. 0.90% of the stock is currently owned by company insiders.

Several hedge funds and other institutional investors have recently made changes to their positions in CA. Parallel Advisors LLC lifted its holdings in shares of CA by 3.4% in the 1st quarter. Parallel Advisors LLC now owns 3,245 shares of the technology company’s stock worth $106,000 after purchasing an additional 107 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of CA by 26.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,148 shares of the technology company’s stock worth $108,000 after purchasing an additional 654 shares during the last quarter. Bessemer Group Inc. lifted its holdings in shares of CA by 419.6% in the 2nd quarter. Bessemer Group Inc. now owns 3,871 shares of the technology company’s stock worth $134,000 after purchasing an additional 3,126 shares during the last quarter. D.A. Davidson & CO. lifted its holdings in shares of CA by 4.2% in the 2nd quarter. D.A. Davidson & CO. now owns 4,227 shares of the technology company’s stock worth $145,000 after purchasing an additional 169 shares during the last quarter. Finally, CENTRAL TRUST Co lifted its holdings in shares of CA by 7.4% in the 2nd quarter. CENTRAL TRUST Co now owns 4,609 shares of the technology company’s stock worth $159,000 after purchasing an additional 319 shares during the last quarter. 67.51% of the stock is currently owned by institutional investors and hedge funds.

About CA

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.

Analyst Recommendations for CA (NASDAQ:CA)

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