State of Tennessee Treasury Department increased its holdings in shares of CA Inc. (NASDAQ:CA) by 146.9% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 211,593 shares of the technology company’s stock after buying an additional 125,886 shares during the period. State of Tennessee Treasury Department owned about 0.05% of CA worth $7,063,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. lifted its position 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 period. Bessemer Group Inc. lifted its position 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 period. D.A. Davidson & CO. lifted its position 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 period. CENTRAL TRUST Co lifted its position 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 period. Finally, AT Bancorp acquired a new position in shares of CA in the 2nd quarter worth approximately $165,000. Institutional investors and hedge funds own 68.53% of the company’s stock.

A number of equities analysts recently weighed in on CA shares. Credit Suisse Group reissued a “neutral” rating and issued a $34.00 price target on shares of CA in a report on Tuesday, September 5th. Mizuho reaffirmed a “hold” rating and set a $34.00 price objective on shares of CA in a report on Wednesday, October 25th. Zacks Investment Research downgraded shares of CA from a “buy” rating to a “hold” rating in a report on Tuesday, October 31st. Royal Bank Of Canada reaffirmed a “hold” rating and set a $32.00 price objective on shares of CA in a report on Monday, August 21st. Finally, Barclays PLC reaffirmed an “equal weight” rating and set a $36.00 price objective (up from $35.00) on shares of CA in a report on Wednesday, August 9th. 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 currently has a consensus rating of “Hold” and a consensus price target of $34.68.

In other CA news, insider Michael P. Gregoire sold 71,235 shares of the stock in a transaction that occurred on Monday, September 11th. The shares were sold at an average price of $33.38, for a total transaction of $2,377,824.30. Following the transaction, the insider now directly owns 285,652 shares in the company, valued at $9,535,063.76. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Jacob Lamm sold 16,349 shares of the stock in a transaction that occurred on Monday, September 11th. The shares were 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 in the company, valued at $1,521,406.35. The disclosure for this sale can be found here. Insiders have sold 112,664 shares of company stock worth $3,742,058 over the last quarter. Company insiders own 0.90% of the company’s stock.

CA Inc. (CA) opened at $32.45 on Monday. CA Inc. has a 52-week low of $30.01 and a 52-week high of $36.54. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.24 and a quick ratio of 1.24. The firm has a market cap of $13,580.00, a P/E ratio of 14.89, a P/E/G ratio of 4.33 and a beta of 0.74.

CA (NASDAQ:CA) last issued its quarterly earnings results on Wednesday, October 25th. The technology company reported $0.62 EPS for the quarter, meeting analysts’ consensus estimates of $0.62. CA had a net margin of 17.83% and a return on equity of 15.74%. The business had revenue of $1.03 billion for the quarter, compared to analysts’ expectations of $1.05 billion. During the same period last year, the business earned $0.67 earnings per share. The business’s quarterly revenue was up 1.6% on a year-over-year basis. analysts anticipate that CA Inc. will post 2.25 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 12th. Shareholders of record on Thursday, November 30th will be given a dividend of $0.255 per share. This represents a $1.02 dividend on an annualized basis and a yield of 3.14%. The ex-dividend date of this dividend is Wednesday, November 29th. CA’s payout ratio is currently 58.96%.

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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.

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Institutional Ownership by Quarter for CA (NASDAQ:CA)

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