Edmond DE Rothschild Holding S.A. Has $491,000 Stake in CA Inc. (CA)

Edmond DE Rothschild Holding S.A. held its stake in CA Inc. (NASDAQ:CA) during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 14,250 shares of the technology company’s stock at the close of the 2nd quarter. Edmond DE Rothschild Holding S.A.’s holdings in CA were worth $491,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. BlackRock Inc. boosted its holdings in CA by 1.5% during the 2nd quarter. BlackRock Inc. now owns 21,017,338 shares of the technology company’s stock worth $724,466,000 after acquiring an additional 300,439 shares during the last quarter. Chemical Bank boosted its holdings in CA by 8.0% during the 2nd quarter. Chemical Bank now owns 7,725 shares of the technology company’s stock worth $266,000 after acquiring an additional 575 shares during the last quarter. Buckingham Capital Management Inc. boosted its holdings in CA by 3.8% during the 2nd quarter. Buckingham Capital Management Inc. now owns 26,721 shares of the technology company’s stock worth $921,000 after acquiring an additional 990 shares during the last quarter. TIAA CREF Investment Management LLC boosted its holdings in CA by 4.8% during the 2nd quarter. TIAA CREF Investment Management LLC now owns 1,877,992 shares of the technology company’s stock worth $64,734,000 after acquiring an additional 85,709 shares during the last quarter. Finally, Teachers Advisors LLC boosted its holdings in CA by 2.4% during the 2nd quarter. Teachers Advisors LLC now owns 1,326,972 shares of the technology company’s stock worth $45,741,000 after acquiring an additional 31,368 shares during the last quarter. Institutional investors and hedge funds own 67.51% of the company’s stock.

ILLEGAL ACTIVITY WARNING: “Edmond DE Rothschild Holding S.A. Has $491,000 Stake in CA Inc. (CA)” was posted by Transcript Daily and is owned by of Transcript Daily. If you are viewing this report on another publication, it was stolen and republished in violation of United States & international copyright and trademark laws. The correct version of this report can be viewed at https://transcriptdaily.com/2017/09/19/edmond-de-rothschild-holding-s-a-has-491000-stake-in-ca-inc-ca.html.

In related news, insider Ayman Sayed sold 12,920 shares of CA stock in a transaction dated Friday, August 11th. The stock was sold at an average price of $32.19, for a total value of $415,894.80. Following the completion of the sale, the insider now directly owns 114,422 shares in the company, valued at approximately $3,683,244.18. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Adam Elster sold 166,621 shares of CA stock in a transaction dated Monday, August 7th. The stock was sold at an average price of $32.26, for a total value of $5,375,193.46. Following the completion of the sale, the insider now owns 251,356 shares of the company’s stock, valued at $8,108,744.56. The disclosure for this sale can be found here. Insiders sold a total of 316,250 shares of company stock valued at $10,406,017 over the last quarter. 0.90% of the stock is owned by corporate insiders.

CA Inc. (CA) opened at 32.99 on Tuesday. The stock has a market capitalization of $13.90 billion, a P/E ratio of 18.33 and a beta of 0.82. The company has a 50 day moving average of $32.57 and a 200-day moving average of $32.61. CA Inc. has a one year low of $30.01 and a one year high of $36.54.

CA (NASDAQ:CA) last released its quarterly earnings data on Wednesday, August 2nd. The technology company reported $0.61 EPS for the quarter, topping the consensus estimate of $0.55 by $0.06. CA had a return on equity of 16.54% and a net margin of 18.59%. The company had revenue of $1.03 billion during the quarter, compared to the consensus estimate of $1.01 billion. During the same period last year, the company earned $0.64 EPS. CA’s revenue for the quarter was up 2.6% on a year-over-year basis. Equities research analysts predict that CA Inc. will post $2.46 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 12th. Investors of record on Thursday, August 24th were issued a $0.255 dividend. The ex-dividend date of this dividend was Tuesday, August 22nd. This represents a $1.02 annualized dividend and a yield of 3.09%. CA’s payout ratio is 56.67%.

A number of research firms have issued reports on CA. Jefferies Group LLC reaffirmed a “buy” rating and set a $38.00 price objective on shares of CA in a report on Thursday, June 1st. Mizuho reaffirmed a “hold” rating and set a $34.00 price objective on shares of CA in a report on Friday, July 28th. Zacks Investment Research downgraded shares of CA from a “buy” rating to a “hold” rating in a report on Monday, July 17th. Raymond James Financial, Inc. reaffirmed a “market perform” rating on shares of CA in a report on Thursday, June 22nd. Finally, KeyCorp reaffirmed a “sector weight” rating on shares of CA in a report on Sunday. Four equities research analysts have rated the stock with a sell rating, ten have given a hold rating and six have given a buy rating to the company. CA currently has a consensus rating of “Hold” and a consensus price target of $34.88.

CA Company Profile

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.

Want to see what other hedge funds are holding CA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CA Inc. (NASDAQ:CA).

Institutional Ownership by Quarter for CA (NASDAQ:CA)

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

Leave a Reply