Nomura Holdings Inc. bought a new stake in shares of CA Inc. (NASDAQ:CA) in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 23,660 shares of the technology company’s stock, valued at approximately $815,000.

Other hedge funds have also added to or reduced their stakes in the company. California State Teachers Retirement System boosted its holdings in shares of CA by 2.1% during the second quarter. California State Teachers Retirement System now owns 610,877 shares of the technology company’s stock valued at $21,057,000 after acquiring an additional 12,408 shares during the period. Raymond James Financial Services Advisors Inc. boosted its holdings in shares of CA by 15.9% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 45,072 shares of the technology company’s stock valued at $1,554,000 after acquiring an additional 6,200 shares during the period. The Manufacturers Life Insurance Company boosted its holdings in shares of CA by 1.1% during the second quarter. The Manufacturers Life Insurance Company now owns 367,111 shares of the technology company’s stock valued at $12,654,000 after acquiring an additional 4,044 shares during the period. Cubist Systematic Strategies LLC boosted its holdings in shares of CA by 57.0% during the second quarter. Cubist Systematic Strategies LLC now owns 14,328 shares of the technology company’s stock valued at $494,000 after acquiring an additional 5,202 shares during the period. Finally, Cornerstone Capital Management Holdings LLC. boosted its holdings in shares of CA by 21.3% during the second quarter. Cornerstone Capital Management Holdings LLC. now owns 65,592 shares of the technology company’s stock valued at $2,260,000 after acquiring an additional 11,505 shares during the period. Hedge funds and other institutional investors own 67.49% of the company’s stock.

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Several equities analysts have recently issued reports on the stock. BidaskClub raised shares of CA from a “strong sell” rating to a “sell” rating in a report on Wednesday, August 9th. Barclays PLC reaffirmed an “equal weight” rating and issued a $36.00 price objective (up previously from $35.00) on shares of CA in a report on Wednesday, August 9th. Mizuho reaffirmed a “hold” rating and issued a $34.00 price objective on shares of CA in a report on Friday, July 28th. ValuEngine raised shares of CA from a “hold” rating to a “buy” rating in a report on Monday, September 11th. Finally, Zacks Investment Research raised shares of CA from a “sell” rating to a “hold” rating and set a $38.00 price objective for the company in a report on Tuesday, July 11th. Four analysts have rated the stock with a sell rating, ten have assigned a hold rating and six have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $34.88.

CA Inc. (NASDAQ CA) opened at 33.73 on Thursday. The firm has a market cap of $14.21 billion, a P/E ratio of 18.74 and a beta of 0.83. CA Inc. has a one year low of $30.01 and a one year high of $36.54. The stock has a 50 day moving average price of $33.32 and a 200-day moving average price of $32.81.

CA (NASDAQ:CA) last released its quarterly earnings results on Wednesday, August 2nd. The technology company reported $0.61 EPS for the quarter, topping the Zacks’ consensus estimate of $0.55 by $0.06. The company 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%. CA’s revenue was up 2.6% compared to the same quarter last year. During the same quarter last year, the firm posted $0.64 earnings per share. Analysts predict that CA Inc. will post $2.46 EPS for the current fiscal year.

In other CA 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 owns 251,356 shares of the company’s stock, valued at approximately $8,108,744.56. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Michael P. Gregoire sold 71,235 shares of the business’s stock in a transaction that occurred on Monday, September 11th. The stock was sold at an average price of $33.38, for a total value of $2,377,824.30. Following the transaction, the insider now directly owns 285,652 shares in the company, valued at approximately $9,535,063.76. The disclosure for this sale can be found here. In the last three months, insiders sold 286,056 shares of company stock worth $9,330,507. 0.90% of the stock is owned by insiders.

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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Institutional Ownership by Quarter for CA (NASDAQ:CA)

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