AT Bancorp purchased a new stake in shares of CA Inc. (NASDAQ:CA) during the second quarter, according to its most recent filing with the SEC. The firm purchased 4,787 shares of the technology company’s stock, valued at approximately $165,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. 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 last quarter. Acrospire Investment Management LLC boosted its position in 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. Bessemer Group Inc. boosted its position in CA by 419.6% in the second quarter. Bessemer Group Inc. now owns 3,871 shares of the technology company’s stock worth $134,000 after buying an additional 3,126 shares during the last quarter. CENTRAL TRUST Co boosted its position in 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. Finally, Hefty Wealth Partners boosted its position in CA by 0.6% in the second quarter. Hefty Wealth Partners now owns 5,316 shares of the technology company’s stock worth $183,000 after buying an additional 32 shares during the last quarter. 70.49% of the stock is currently owned by hedge funds and other institutional investors.

Shares of CA Inc. (CA) opened at 32.55 on Thursday. The firm’s 50-day moving average is $33.73 and its 200-day moving average is $32.43. CA Inc. has a 52 week low of $30.01 and a 52 week high of $36.54. The stock has a market capitalization of $13.51 billion, a price-to-earnings ratio of 18.08 and a beta of 0.86.

CA (NASDAQ:CA) last released its quarterly earnings data on Wednesday, August 2nd. The technology company reported $0.61 earnings per share for the quarter, beating the consensus estimate of $0.55 by $0.06. The business had revenue of $1.03 billion for the quarter, compared to analyst estimates of $1.01 billion. CA had a return on equity of 16.54% and a net margin of 18.59%. The company’s revenue was up 2.6% compared to the same quarter last year. During the same period in the previous year, the company posted $0.64 EPS. On average, equities research analysts anticipate that CA Inc. will post $2.45 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 12th. Investors of record on Thursday, August 24th will be given a dividend of $0.255 per share. This represents a $1.02 annualized dividend and a yield of 3.13%. CA’s dividend payout ratio (DPR) is presently 56.67%.

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A number of research analysts have commented on CA shares. Jefferies Group LLC reaffirmed a “buy” rating and issued a $38.00 target price on shares of CA in a research report on Friday, April 28th. Barclays PLC reaffirmed an “equal weight” rating and issued a $36.00 target price (up previously from $35.00) on shares of CA in a research report on Thursday, August 3rd. Zacks Investment Research raised shares of CA from a “sell” rating to a “hold” rating and set a $38.00 target price on the stock in a research report on Tuesday, July 11th. Mizuho reaffirmed a “hold” rating and issued a $34.00 target price on shares of CA in a research report on Friday, July 28th. Finally, Oppenheimer Holdings, Inc. reaffirmed a “market perform” rating on shares of CA in a research report on Friday, May 12th. Four research analysts have rated the stock with a sell rating, nine have given a hold rating and five have issued a buy rating to the company’s stock. CA presently has an average rating of “Hold” and an average target price of $35.09.

In related news, insider Adam Elster sold 166,621 shares of the business’s stock in a transaction that occurred on Monday, August 7th. The stock was sold at an average price of $32.26, for a total transaction of $5,375,193.46. Following the transaction, the insider now directly owns 251,356 shares of the company’s stock, valued at approximately $8,108,744.56. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Ayman Sayed sold 30,194 shares of the business’s stock in a transaction that occurred on 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 directly owns 168,455 shares in the company, valued at $6,000,367.10. The disclosure for this sale can be found here. Insiders have sold a total of 197,489 shares of company stock worth $6,472,070 over the last three months. 0.90% of the stock is currently owned by corporate insiders.

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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