State of Wisconsin Investment Board boosted its holdings in CalAtlantic Group, Inc. (NYSE:CAA) by 17.1% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 16,472 shares of the industrial goods maker’s stock after purchasing an additional 2,411 shares during the quarter. State of Wisconsin Investment Board’s holdings in CalAtlantic Group were worth $603,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of CAA. Teachers Advisors LLC grew its position in CalAtlantic Group by 3.9% in the 1st quarter. Teachers Advisors LLC now owns 95,159 shares of the industrial goods maker’s stock valued at $3,564,000 after purchasing an additional 3,556 shares during the period. Public Employees Retirement System of Ohio grew its position in CalAtlantic Group by 1.5% in the 1st quarter. Public Employees Retirement System of Ohio now owns 33,367 shares of the industrial goods maker’s stock valued at $1,250,000 after purchasing an additional 490 shares during the period. Oregon Public Employees Retirement Fund grew its position in CalAtlantic Group by 4.3% in the 2nd quarter. Oregon Public Employees Retirement Fund now owns 27,702 shares of the industrial goods maker’s stock valued at $979,000 after purchasing an additional 1,132 shares during the period. LS Investment Advisors LLC grew its position in CalAtlantic Group by 16.4% in the 2nd quarter. LS Investment Advisors LLC now owns 6,095 shares of the industrial goods maker’s stock valued at $215,000 after purchasing an additional 859 shares during the period. Finally, Louisiana State Employees Retirement System grew its position in CalAtlantic Group by 11.0% in the 2nd quarter. Louisiana State Employees Retirement System now owns 20,200 shares of the industrial goods maker’s stock valued at $714,000 after purchasing an additional 2,000 shares during the period.

CalAtlantic Group, Inc. (NYSE CAA) opened at $53.93 on Friday. The company has a quick ratio of 0.29, a current ratio of 5.91 and a debt-to-equity ratio of 0.80. The firm has a market cap of $5,950.34, a PE ratio of 15.96, a P/E/G ratio of 1.86 and a beta of 1.54. CalAtlantic Group, Inc. has a fifty-two week low of $31.99 and a fifty-two week high of $54.06.

CalAtlantic Group (NYSE:CAA) last issued its quarterly earnings results on Wednesday, November 8th. The industrial goods maker reported $0.75 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.82 by ($0.07). CalAtlantic Group had a return on equity of 10.35% and a net margin of 6.85%. The company had revenue of $1.52 billion during the quarter, compared to analysts’ expectations of $1.55 billion. During the same period last year, the firm posted $0.97 earnings per share. CalAtlantic Group’s quarterly revenue was down 9.0% compared to the same quarter last year. analysts predict that CalAtlantic Group, Inc. will post 3.42 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Saturday, December 30th. Investors of record on Friday, December 15th will be paid a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a yield of 0.30%. The ex-dividend date is Thursday, December 14th. CalAtlantic Group’s dividend payout ratio is currently 4.75%.

A number of equities analysts have issued reports on CAA shares. Mizuho started coverage on shares of CalAtlantic Group in a report on Thursday, October 26th. They set a “buy” rating and a $45.00 price objective on the stock. ValuEngine raised shares of CalAtlantic Group from a “hold” rating to a “buy” rating in a report on Monday, October 2nd. Barclays PLC lifted their price objective on shares of CalAtlantic Group from $35.00 to $50.00 and gave the stock an “equal weight” rating in a report on Thursday, November 9th. KeyCorp reaffirmed a “hold” rating on shares of CalAtlantic Group in a report on Friday, August 25th. Finally, Deutsche Bank AG downgraded shares of CalAtlantic Group from a “buy” rating to a “hold” rating and set a $52.00 price objective on the stock. in a report on Monday. Fifteen analysts have rated the stock with a hold rating and two have given a buy rating to the company. CalAtlantic Group presently has an average rating of “Hold” and a consensus price target of $46.00.

WARNING: “State of Wisconsin Investment Board Boosts Position in CalAtlantic Group, Inc. (CAA)” was originally published by Watch List News and is the property of of Watch List News. If you are reading this report on another website, it was stolen and republished in violation of U.S. & international trademark & copyright law. The legal version of this report can be accessed at https://www.watchlistnews.com/state-of-wisconsin-investment-board-boosts-position-in-calatlantic-group-inc-caa/1723315.html.

In related news, Director William L. Jews sold 7,482 shares of the business’s stock in a transaction dated Wednesday, November 15th. The stock was sold at an average price of $51.52, for a total value of $385,472.64. Following the sale, the director now directly owns 41,717 shares in the company, valued at approximately $2,149,259.84. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Larry T. Nicholson sold 78,342 shares of the business’s stock in a transaction dated Monday, November 20th. The shares were sold at an average price of $52.55, for a total value of $4,116,872.10. Following the completion of the sale, the chief executive officer now owns 693,033 shares in the company, valued at $36,418,884.15. The disclosure for this sale can be found here. Insiders sold a total of 235,239 shares of company stock worth $11,991,615 over the last 90 days. 39.50% of the stock is currently owned by company insiders.

CalAtlantic Group Profile

Institutional Ownership by Quarter for CalAtlantic Group (NYSE:CAA)

Receive News & Ratings for CalAtlantic Group Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CalAtlantic Group Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.