Glenmede Trust Co. NA held its position in CA Inc. (NASDAQ:CA) during the first quarter, according to its most recent filing with the SEC. The firm owned 159,332 shares of the technology company’s stock at the end of the first quarter. Glenmede Trust Co. NA’s holdings in CA were worth $5,061,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also bought and sold shares of the company. FMR LLC boosted its stake in CA by 0.5% in the fourth quarter. FMR LLC now owns 119,299 shares of the technology company’s stock worth $3,790,000 after buying an additional 621 shares during the period. Keybank National Association OH purchased a new stake in CA during the fourth quarter worth approximately $249,000. Employees Retirement System of Texas boosted its stake in CA by 25.0% in the fourth quarter. Employees Retirement System of Texas now owns 45,000 shares of the technology company’s stock worth $1,430,000 after buying an additional 9,000 shares during the period. Janus Capital Management LLC boosted its stake in CA by 239.3% in the fourth quarter. Janus Capital Management LLC now owns 811,354 shares of the technology company’s stock worth $25,777,000 after buying an additional 572,254 shares during the period. Finally, Two Sigma Investments LP boosted its stake in CA by 32.1% in the fourth quarter. Two Sigma Investments LP now owns 220,467 shares of the technology company’s stock worth $7,004,000 after buying an additional 53,548 shares during the period. Hedge funds and other institutional investors own 71.69% of the company’s stock.
Shares of CA Inc. (CA) traded up 0.26% during trading on Monday, reaching $35.07. The company had a trading volume of 445,197 shares. CA Inc. has a 52 week low of $30.01 and a 52 week high of $35.27. The company has a market capitalization of $14.65 billion, a PE ratio of 18.96 and a beta of 0.92. The stock’s 50-day moving average price is $31.93 and its 200-day moving average price is $32.09.
CA (NASDAQ:CA) last released its quarterly earnings data on Thursday, May 11th. The technology company reported $0.54 EPS for the quarter, beating analysts’ consensus estimates of $0.49 by $0.05. CA had a return on equity of 17.15% and a net margin of 19.20%. The firm had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $996.59 million. During the same period in the prior year, the firm posted $0.60 earnings per share. The firm’s quarterly revenue was up .3% on a year-over-year basis. On average, equities analysts expect that CA Inc. will post $2.39 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Tuesday, June 13th. Shareholders of record on Thursday, May 25th were given a $0.255 dividend. This represents a $1.02 dividend on an annualized basis and a yield of 2.92%. The ex-dividend date was Tuesday, May 23rd. CA’s payout ratio is 55.14%.
CA has been the subject of a number of research reports. Jefferies Group LLC reiterated a “buy” rating and set a $38.00 price objective on shares of CA in a research report on Sunday, May 14th. FIG Partners upgraded CA to an “outperform” rating and upped their price objective for the company from $40.00 to $42.25 in a research report on Wednesday, May 3rd. Oppenheimer Holdings, Inc. reiterated a “market perform” rating on shares of CA in a research report on Friday, May 12th. Raymond James Financial, Inc. upgraded CA from a “market perform” rating to an “outperform” rating and set a $42.00 price objective for the company in a research report on Monday, May 8th. Finally, DA Davidson cut CA from a “buy” rating to a “neutral” rating in a research report on Monday, April 10th. Three research analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have assigned a buy rating to the stock. CA presently has an average rating of “Hold” and an average price target of $35.25.
In other CA news, insider Ayman Sayed sold 30,194 shares of the business’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 $6,000,367.10. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.90% of the stock is owned by insiders.
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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