Bedrijfstakpensioenfonds Voor DE Media PNO Takes Position in CA Inc. (CA)

Bedrijfstakpensioenfonds Voor DE Media PNO bought a new position in CA Inc. (NASDAQ:CA) during the second quarter, according to its most recent disclosure with the SEC. The firm bought 34,105 shares of the technology company’s stock, valued at approximately $1,176,000.

Other large investors have also recently added to or reduced their stakes in the company. Alpha Windward LLC increased its position in shares of CA by 5.2% in the second quarter. Alpha Windward LLC now owns 9,762 shares of the technology company’s stock worth $336,000 after buying an additional 482 shares during the last quarter. Louisiana State Employees Retirement System increased its position in shares of CA by 0.5% in the second quarter. Louisiana State Employees Retirement System now owns 19,400 shares of the technology company’s stock worth $669,000 after buying an additional 100 shares during the last quarter. Jarislowsky Fraser Ltd increased its position in shares of CA by 1.1% in the second quarter. Jarislowsky Fraser Ltd now owns 2,679,339 shares of the technology company’s stock worth $92,356,000 after buying an additional 30,040 shares during the last quarter. LS Investment Advisors LLC increased its position in shares of CA by 4.9% in the second quarter. LS Investment Advisors LLC now owns 19,567 shares of the technology company’s stock worth $674,000 after buying an additional 913 shares during the last quarter. Finally, Exane Derivatives increased its position in shares of CA by 40.1% in the second quarter. Exane Derivatives now owns 10,815 shares of the technology company’s stock worth $373,000 after buying an additional 3,093 shares during the last quarter. 70.62% of the stock is owned by hedge funds and other institutional investors.

CA Inc. (NASDAQ CA) traded down 0.361% during mid-day trading on Friday, hitting $34.515. The stock had a trading volume of 481,321 shares. The stock has a 50-day moving average price of $33.50 and a 200 day moving average price of $32.46. CA Inc. has a 12-month low of $30.01 and a 12-month high of $36.54. The firm has a market cap of $14.42 billion, a P/E ratio of 18.657 and a beta of 0.87.

CA (NASDAQ:CA) last posted its quarterly earnings results on Thursday, May 11th. The technology company reported $0.54 EPS for the quarter, beating the consensus estimate of $0.49 by $0.05. The business had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $996.59 million. CA had a return on equity of 17.15% and a net margin of 19.20%. The company’s quarterly revenue was up .3% compared to the same quarter last year. During the same period last year, the firm earned $0.60 EPS. Equities analysts anticipate that CA Inc. will post $2.38 EPS for the current fiscal year.

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A number of brokerages have issued reports on CA. Zacks Investment Research raised CA from a “sell” rating to a “hold” rating and set a $38.00 price target for the company in a report on Tuesday, July 11th. Citigroup Inc. reissued a “neutral” rating and issued a $34.00 price target (up from $33.00) on shares of CA in a report on Sunday, May 14th. Jefferies Group LLC reissued a “buy” rating and issued a $38.00 price target on shares of CA in a report on Sunday, May 14th. Raymond James Financial, Inc. raised CA from a “market perform” rating to an “outperform” rating and set a $42.00 price target for the company in a report on Monday, May 8th. Finally, Piper Jaffray Companies boosted their price target on CA from $42.00 to $45.00 and gave the company an “overweight” rating in a report on Monday, April 17th. Four investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $35.10.

In related news, insider Ayman Sayed sold 30,194 shares of CA stock in a transaction on Wednesday, June 21st. The stock was sold at an average price of $35.62, for a total transaction of $1,075,510.28. Following the completion of the transaction, the insider now directly owns 168,455 shares of the company’s stock, valued at $6,000,367.10. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 0.90% of the company’s stock.

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.

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Institutional Ownership by Quarter for CA (NASDAQ:CA)

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