CA Inc. (CA) Holdings Maintained by Teachers Insurance & Annuity Association of America
Teachers Insurance & Annuity Association of America maintained its stake in shares of CA Inc. (NASDAQ:CA) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 259,400 shares of the technology company’s stock at the end of the second quarter. Teachers Insurance & Annuity Association of America owned 0.06% of CA worth $8,942,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. grew its stake in shares of CA by 26.2% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,148 shares of the technology company’s stock valued at $108,000 after acquiring an additional 654 shares in the last quarter. Parallel Advisors LLC grew its stake in CA by 3.4% during 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 in the last quarter. Bessemer Group Inc. grew its stake in CA by 419.6% during 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 in the last quarter. CENTRAL TRUST Co grew its stake in CA by 7.4% during 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 in the last quarter. Finally, AT Bancorp acquired a new stake in CA during the second quarter worth about $165,000. 67.51% of the stock is currently owned by institutional investors.
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Shares of CA Inc. (NASDAQ:CA) traded up 0.076% on Monday, reaching $33.125. 226,602 shares of the company were exchanged. The stock’s 50-day moving average is $32.51 and its 200 day moving average is $32.61. The firm has a market capitalization of $13.95 billion, a PE ratio of 18.403 and a beta of 0.82. CA Inc. has a 12-month low of $30.01 and a 12-month high of $36.54.
CA (NASDAQ:CA) last issued its quarterly earnings data on Wednesday, August 2nd. The technology company reported $0.61 EPS for the quarter, topping the Thomson Reuters’ 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 analyst estimates of $1.01 billion. During the same quarter in the previous year, the firm earned $0.64 earnings per share. CA’s revenue was up 2.6% on a year-over-year basis. On average, analysts forecast that CA Inc. will post $2.46 EPS for the current year.
The company also recently announced a quarterly dividend, which was paid on Tuesday, September 12th. Shareholders of record on Thursday, August 24th were paid a $0.255 dividend. This represents a $1.02 annualized dividend and a yield of 3.08%. The ex-dividend date of this dividend was Tuesday, August 22nd. CA’s dividend payout ratio is currently 56.67%.
In other CA news, insider Adam Elster sold 166,621 shares of the company’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 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 sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Ayman Sayed sold 30,194 shares of the company’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 completion of the sale, the insider now directly owns 168,455 shares of the company’s stock, valued at approximately $6,000,367.10. The disclosure for this sale can be found here. In the last ninety days, insiders sold 316,250 shares of company stock valued at $10,406,017. 0.90% of the stock is owned by insiders.
CA has been the topic of a number of analyst reports. Citigroup Inc. increased their price objective on shares of CA from $34.00 to $36.00 and gave the stock a “neutral” rating in a research note on Wednesday, June 28th. BidaskClub downgraded shares of CA from a “hold” rating to a “sell” rating in a research note on Saturday, July 1st. Jefferies Group LLC reiterated a “buy” rating and set a $38.00 price objective on shares of CA in a research note on Wednesday, June 21st. Royal Bank Of Canada reiterated a “hold” rating and set a $32.00 price objective on shares of CA in a research note on Monday, August 21st. Finally, Zacks Investment Research downgraded shares of CA from a “buy” rating to a “hold” rating in a research note on Monday, July 17th. Four investment analysts have rated the stock with a sell rating, ten have issued a hold rating and six have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $34.88.
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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