TLP Group LLC acquired a new stake in shares of CA Inc. (NASDAQ:CA) during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 11,997 shares of the technology company’s stock, valued at approximately $381,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Pacer Advisors Inc. increased its stake in CA by 30.8% in the first quarter. Pacer Advisors Inc. now owns 14,114 shares of the technology company’s stock valued at $448,000 after buying an additional 3,324 shares during the last quarter. Boston Private Wealth LLC increased its position in shares of CA by 4.4% in the first quarter. Boston Private Wealth LLC now owns 54,889 shares of the technology company’s stock worth $1,741,000 after buying an additional 2,292 shares in the last quarter. Victory Capital Management Inc. increased its position in shares of CA by 36.4% in the first quarter. Victory Capital Management Inc. now owns 222,795 shares of the technology company’s stock worth $7,067,000 after buying an additional 59,398 shares in the last quarter. Boston Partners purchased a new position in shares of CA during the first quarter worth approximately $588,000. Finally, State of Wisconsin Investment Board increased its position in shares of CA by 28.4% in the first quarter. State of Wisconsin Investment Board now owns 204,842 shares of the technology company’s stock worth $6,498,000 after buying an additional 45,265 shares in the last quarter. 71.69% of the stock is owned by hedge funds and other institutional investors.

Institutional Ownership by Quarter for CA (NASDAQ:CA)

Shares of CA Inc. (CA) traded down 0.79% during midday trading on Friday, hitting $31.59. The stock had a trading volume of 1,835,195 shares. The company has a market cap of $13.20 billion, a P/E ratio of 17.08 and a beta of 0.92. CA Inc. has a one year low of $30.01 and a one year high of $34.99. The stock has a 50 day moving average of $32.02 and a 200-day moving average of $32.08.

CA (NASDAQ:CA) last issued its quarterly earnings results on Thursday, May 11th. The technology company reported $0.54 EPS for the quarter, beating analysts’ consensus estimates of $0.49 by $0.05. The firm had revenue of $1.01 billion during 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%. CA’s revenue for the quarter was up .3% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.60 earnings per share. Analysts forecast that CA Inc. will post $2.39 EPS for the current fiscal 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. This represents a $1.02 annualized dividend and a yield of 3.20%. The ex-dividend date of this dividend was Tuesday, May 23rd. CA’s payout ratio is currently 55.14%.

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A number of equities research analysts recently commented on the company. Jefferies Group LLC reiterated a “buy” rating and issued a $38.00 target price on shares of CA in a research report on Thursday, June 1st. DA Davidson restated a “neutral” rating and issued a $12.00 price objective on shares of CA in a research report on Friday, May 19th. FIG Partners upgraded CA to an “outperform” rating and upped their price objective for the stock from $40.00 to $42.25 in a research report on Wednesday, May 3rd. Oppenheimer Holdings, Inc. reaffirmed a “market perform” rating on shares of CA in a research note on Friday, May 12th. Finally, Piper Jaffray Companies upped their target price on CA from $42.00 to $45.00 and gave the stock an “overweight” rating in a research note on Monday, April 17th. Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and six have given a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $35.25.

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.

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