Capstone Investment Advisors Netherlands B.V. decreased its position in CA Inc. (NASDAQ:CA) by 26.4% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,503 shares of the technology company’s stock after selling 2,332 shares during the period. Capstone Investment Advisors Netherlands B.V.’s holdings in CA were worth $224,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of CA. BlackRock Inc. raised its stake in shares of CA by 2,711.1% during the 1st quarter. BlackRock Inc. now owns 20,716,899 shares of the technology company’s stock valued at $657,139,000 after buying an additional 19,979,935 shares during the last quarter. Vanguard Group Inc. raised its stake in shares of CA by 22.3% during the 2nd quarter. Vanguard Group Inc. now owns 32,166,860 shares of the technology company’s stock valued at $1,108,792,000 after buying an additional 5,855,217 shares during the last quarter. Bank of New York Mellon Corp raised its stake in shares of CA by 11.1% during the 2nd quarter. Bank of New York Mellon Corp now owns 27,003,706 shares of the technology company’s stock valued at $930,816,000 after buying an additional 2,691,791 shares during the last quarter. FIL Ltd raised its stake in shares of CA by 13.1% during the 1st quarter. FIL Ltd now owns 8,352,008 shares of the technology company’s stock valued at $264,926,000 after buying an additional 964,522 shares during the last quarter. Finally, First Trust Advisors LP raised its stake in shares of CA by 15.7% during the 2nd quarter. First Trust Advisors LP now owns 4,441,835 shares of the technology company’s stock valued at $153,110,000 after buying an additional 604,026 shares during the last quarter. Institutional investors own 67.51% of the company’s stock.

A number of equities analysts have weighed in on the company. Raymond James Financial, Inc. reiterated a “market perform” rating on shares of CA in a research note on Thursday, June 22nd. Sanford C. Bernstein restated an “underperform” rating and set a $28.00 target price on shares of CA in a research report on Wednesday, June 28th. Citigroup Inc. raised their target price on CA from $34.00 to $36.00 and gave the company a “neutral” rating in a research report on Wednesday, June 28th. Zacks Investment Research cut CA from a “buy” rating to a “hold” rating in a research report on Monday, July 17th. Finally, BidaskClub cut CA from a “hold” rating to a “sell” rating in a research report on Saturday, July 1st. Four analysts have rated the stock with a sell rating, ten have issued a hold rating and six have given a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $34.88.

CA Inc. (NASDAQ CA) traded up 1.12% during midday trading on Friday, reaching $33.38. The company had a trading volume of 1,322,320 shares. CA Inc. has a 1-year low of $30.01 and a 1-year high of $36.54. The stock has a market capitalization of $14.06 billion, a PE ratio of 18.54 and a beta of 0.82. The firm’s 50 day moving average is $32.62 and its 200 day moving average is $32.62.

CA (NASDAQ:CA) last released its quarterly earnings results on Wednesday, August 2nd. The technology company reported $0.61 EPS 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 net margin of 18.59% and a return on equity of 16.54%. The company’s quarterly revenue was up 2.6% on a year-over-year basis. During the same period in the prior year, the business earned $0.64 earnings per share. On average, equities analysts anticipate that CA Inc. will post $2.46 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 12th. Stockholders of record on Thursday, August 24th were given a $0.255 dividend. The ex-dividend date of this dividend was Tuesday, August 22nd. This represents a $1.02 annualized dividend and a dividend yield of 3.06%. CA’s dividend payout ratio is presently 56.67%.

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In related news, insider Michael P. Gregoire sold 71,235 shares of the firm’s stock in a transaction that occurred on Monday, September 11th. The shares were sold at an average price of $33.38, for a total transaction of $2,377,824.30. Following the sale, the insider now owns 285,652 shares in the company, valued at $9,535,063.76. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Adam Elster sold 166,621 shares of the firm’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 sale, the insider now owns 251,356 shares in the company, valued at approximately $8,108,744.56. The disclosure for this sale can be found here. Insiders sold 286,056 shares of company stock worth $9,330,507 over the last quarter. Company insiders own 0.90% of the company’s stock.

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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