Nisa Investment Advisors LLC lowered its position in CA Inc. (NASDAQ:CA) by 5.6% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 176,590 shares of the technology company’s stock after selling 10,500 shares during the period. Nisa Investment Advisors LLC’s holdings in CA were worth $6,034,000 as of its most recent filing with the SEC.
Several other institutional investors have also bought and sold shares of the company. Parallel Advisors LLC boosted its position in CA by 3.4% in the first quarter. Parallel Advisors LLC now owns 3,245 shares of the technology company’s stock worth $106,000 after buying an additional 107 shares during the period. Acrospire Investment Management LLC boosted its position in shares of CA by 280.0% in the first quarter. Acrospire Investment Management LLC now owns 3,800 shares of the technology company’s stock worth $121,000 after buying an additional 2,800 shares during the last quarter. CENTRAL TRUST Co boosted its position in shares of CA by 7.4% in the second quarter. CENTRAL TRUST Co now owns 4,609 shares of the technology company’s stock worth $159,000 after buying an additional 319 shares during the last quarter. Tompkins Financial Corp boosted its position in shares of CA by 294.7% in the first quarter. Tompkins Financial Corp now owns 5,387 shares of the technology company’s stock worth $165,000 after buying an additional 4,022 shares during the last quarter. Finally, Hefty Wealth Partners boosted its position in shares of CA by 5,080.4% in the first quarter. Hefty Wealth Partners now owns 5,284 shares of the technology company’s stock worth $167,000 after buying an additional 5,182 shares during the last quarter. 70.62% of the stock is owned by institutional investors.
CA Inc. (CA) traded down 0.64% during midday trading on Friday, hitting $34.42. The company’s stock had a trading volume of 4,153,589 shares. The company has a market cap of $14.38 billion, a PE ratio of 18.61 and a beta of 0.87. CA Inc. has a 52-week low of $30.01 and a 52-week high of $36.54. The stock has a 50 day moving average of $33.50 and a 200 day moving average of $32.46.
CA (NASDAQ:CA) last released its quarterly earnings data on Thursday, May 11th. The technology company reported $0.54 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.49 by $0.05. The firm had revenue of $1.01 billion for the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.60 earnings per share. On average, equities analysts expect that CA Inc. will post $2.38 EPS for the current year.
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A number of brokerages have issued reports on CA. Piper Jaffray Companies upped their target price on CA from $42.00 to $45.00 and gave the stock an “overweight” rating in a report on Monday, April 17th. Raymond James Financial, Inc. raised CA from a “market perform” rating to an “outperform” rating and set a $42.00 target price for the company in a report on Monday, May 8th. Jefferies Group LLC reaffirmed a “buy” rating and issued a $38.00 target price on shares of CA in a report on Thursday, June 1st. Zacks Investment Research cut CA from a “buy” rating to a “hold” rating in a report on Monday, July 17th. Finally, Citigroup Inc. reaffirmed a “neutral” rating and issued a $34.00 target price (up previously from $33.00) on shares of CA in a report on Sunday, May 14th. Four equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have given a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $35.10.
In other news, insider Ayman Sayed sold 30,194 shares of CA stock in a transaction dated 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 transaction, the insider now owns 168,455 shares in the company, valued at $6,000,367.10. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 0.90% of the stock is currently 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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