Security National Bank of Sioux City Iowa IA boosted its position in CA Inc. (NASDAQ:CA) by 2.4% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 26,612 shares of the technology company’s stock after buying an additional 615 shares during the period. Security National Bank of Sioux City Iowa IA’s holdings in CA were worth $844,000 as of its most recent filing with the SEC.
Other institutional investors have also recently bought and sold shares of the company. Macquarie Group Ltd. raised its stake 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 worth $752,570,000 after buying an additional 479,924 shares during the period. HighTower Advisors LLC raised its stake in shares of CA by 31.1% in the first quarter. HighTower Advisors LLC now owns 90,731 shares of the technology company’s stock worth $2,877,000 after buying an additional 21,511 shares during the period. Credit Suisse AG raised its stake in shares of CA by 4.3% in the first quarter. Credit Suisse AG now owns 1,021,423 shares of the technology company’s stock worth $32,399,000 after buying an additional 42,067 shares during the period. Caxton Associates LP bought a new stake in shares of CA during the first quarter worth about $593,000. Finally, PVG Asset Management Corp bought a new stake in shares of CA during the first quarter worth about $476,000. 71.69% of the stock is owned by hedge funds and other institutional investors.
CA Inc. (NASDAQ:CA) traded up 0.14% on Tuesday, hitting $34.86. 650,684 shares of the stock traded hands. The stock has a market cap of $14.56 billion, a price-to-earnings ratio of 18.84 and a beta of 0.92. CA Inc. has a 52 week low of $30.01 and a 52 week high of $34.99. The firm’s 50 day moving average is $31.93 and its 200 day moving average is $32.09.
CA (NASDAQ:CA) last released its quarterly earnings results on Thursday, May 11th. The technology company reported $0.54 EPS for the quarter, topping analysts’ consensus estimates of $0.49 by $0.05. CA had a net margin of 19.20% and a return on equity of 17.15%. The business had revenue of $1.01 billion for the quarter, compared to analyst estimates of $996.59 million. During the same period last year, the firm earned $0.60 earnings per share. CA’s revenue for the quarter was up .3% compared to the same quarter last year. Equities analysts anticipate that CA Inc. will post $2.39 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 13th. Shareholders of record on Thursday, May 25th were paid a dividend of $0.255 per share. The ex-dividend date was Tuesday, May 23rd. This represents a $1.02 dividend on an annualized basis and a yield of 2.93%. CA’s payout ratio is 55.14%.
CA has been the subject of a number of research reports. Jefferies Group LLC reissued a “buy” rating and set a $38.00 target price on shares of CA in a research note on Wednesday, June 21st. Zacks Investment Research raised shares of CA from a “sell” rating to a “hold” rating in a research note on Tuesday, March 28th. Evercore ISI lowered shares of CA from a “hold” rating to an “underperform” rating in a research note on Friday, March 3rd. FIG Partners raised shares of CA to an “outperform” rating and lifted their target price for the company from $40.00 to $42.25 in a research note on Wednesday, May 3rd. Finally, DA Davidson downgraded shares of CA from a “buy” rating to a “neutral” rating in a report on Monday, April 10th. Three analysts have rated the stock with a sell rating, eight have given a hold rating and five have given a buy rating to the company’s stock. CA currently has an average rating of “Hold” and a consensus price target of $35.25.
In other CA news, insider Ayman Sayed sold 30,194 shares of the stock in a transaction dated Wednesday, June 21st. The shares were sold at an average price of $35.62, for a total transaction of $1,075,510.28. Following the sale, the insider now directly owns 168,455 shares in the company, valued at $6,000,367.10. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.90% of the company’s stock.
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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