BidaskClub upgraded shares of CA (NASDAQ:CA) from a strong sell rating to a sell rating in a research note released on Saturday morning.

CA has been the subject of a number of other reports. Zacks Investment Research upgraded shares of CA from a hold rating to a buy rating and set a $37.00 price target for the company in a research report on Monday, October 30th. ValuEngine upgraded shares of CA from a hold rating to a buy rating in a research report on Monday, September 11th. Barclays reiterated an equal weight rating and issued a $36.00 price target (up from $35.00) on shares of CA in a research report on Wednesday, August 9th. Mizuho reiterated a hold rating and issued a $34.00 price target on shares of CA in a research report on Wednesday, October 25th. Finally, Royal Bank Of Canada reiterated a hold rating and issued a $32.00 price target on shares of CA in a research report on Monday, August 21st. Four research analysts have rated the stock with a sell rating, ten have issued a hold rating and five have assigned a buy rating to the company’s stock. CA has an average rating of Hold and an average price target of $33.70.

Shares of CA (NASDAQ CA) opened at $33.22 on Friday. CA has a 12 month low of $30.45 and a 12 month high of $36.54. The company has a market cap of $13,891.46, a P/E ratio of 15.23, a PEG ratio of 4.43 and a beta of 0.74. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 0.42.

CA (NASDAQ:CA) last announced its earnings results on Wednesday, October 25th. The technology company reported $0.62 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.62. The company had revenue of $1.03 billion during the quarter, compared to analyst estimates of $1.05 billion. CA had a net margin of 17.83% and a return on equity of 15.74%. The firm’s quarterly revenue was up 1.6% compared to the same quarter last year. During the same period in the previous year, the business posted $0.67 earnings per share. research analysts anticipate that CA will post 2.25 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 12th. Investors of record on Thursday, November 30th will be paid a dividend of $0.255 per share. This represents a $1.02 dividend on an annualized basis and a yield of 3.07%. The ex-dividend date of this dividend is Wednesday, November 29th. CA’s payout ratio is 58.62%.

In other news, insider Michael P. Gregoire sold 71,235 shares of the company’s stock in a transaction dated Monday, September 11th. The shares were 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 $9,535,063.76. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Lauren Patricia Flaherty sold 24,843 shares of the company’s stock in a transaction dated Wednesday, November 1st. The stock was sold at an average price of $32.59, for a total transaction of $809,633.37. Following the completion of the transaction, the executive vice president now owns 82,000 shares in the company, valued at $2,672,380. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 112,427 shares of company stock worth $3,734,332. 0.90% of the stock is owned by insiders.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Belpointe Asset Management LLC bought a new position in CA during the 3rd quarter worth about $470,000. Fieldpoint Private Securities LLC purchased a new stake in shares of CA during the third quarter valued at about $101,000. Eii Capital Management Inc. purchased a new stake in shares of CA during the third quarter valued at about $1,774,000. Piedmont Investment Advisors LLC lifted its position in shares of CA by 1.9% during the third quarter. Piedmont Investment Advisors LLC now owns 174,224 shares of the technology company’s stock valued at $5,816,000 after buying an additional 3,252 shares during the last quarter. Finally, California Public Employees Retirement System lifted its position in shares of CA by 5.1% during the third quarter. California Public Employees Retirement System now owns 890,473 shares of the technology company’s stock valued at $29,724,000 after buying an additional 43,101 shares during the last quarter. Hedge funds and other institutional investors own 69.11% of the company’s stock.

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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.

Analyst Recommendations for CA (NASDAQ:CA)

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