BlueCrest Capital Management Ltd Buys Shares of 29,168 CA, Inc. (CA)
BlueCrest Capital Management Ltd bought a new stake in shares of CA, Inc. (NASDAQ:CA) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 29,168 shares of the technology company’s stock, valued at approximately $971,000.
Several other hedge funds and other institutional investors have also made changes to their positions in the company. Fieldpoint Private Securities LLC purchased a new stake in CA in the 3rd quarter worth about $101,000. Ffcm LLC raised its position in CA by 1,808.7% in the 4th quarter. Ffcm LLC now owns 3,073 shares of the technology company’s stock worth $103,000 after purchasing an additional 2,912 shares during the period. Ladenburg Thalmann Financial Services Inc. raised its position in CA by 56.3% in the 3rd quarter. Ladenburg Thalmann Financial Services Inc. now owns 6,270 shares of the technology company’s stock worth $210,000 after purchasing an additional 2,259 shares during the period. Capital One National Association purchased a new stake in CA in the 4th quarter worth about $219,000. Finally, Magnetar Financial LLC bought a new position in CA in the 3rd quarter worth about $231,000. Hedge funds and other institutional investors own 68.01% of the company’s stock.
A number of brokerages have commented on CA. BidaskClub upgraded shares of CA from a “hold” rating to a “buy” rating in a research note on Wednesday, February 21st. Argus restated a “buy” rating and issued a $33.70 target price (down from $40.00) on shares of CA in a research note on Wednesday, February 7th. Evercore ISI restated a “sell” rating and issued a $36.00 target price on shares of CA in a research note on Friday, February 2nd. Zacks Investment Research upgraded shares of CA from a “hold” rating to a “buy” rating and set a $40.00 target price on the stock in a research note on Friday, February 2nd. Finally, Jefferies Group reiterated a “buy” rating and set a $41.00 price objective on shares of CA in a research note on Wednesday, January 31st. Two analysts have rated the stock with a sell rating, nine have issued a hold rating and seven have given a buy rating to the stock. CA currently has a consensus rating of “Hold” and an average price target of $34.23.
Shares of CA, Inc. (NASDAQ:CA) opened at $36.27 on Wednesday. The firm has a market cap of $15,476.23, a P/E ratio of 35.91, a price-to-earnings-growth ratio of 4.70 and a beta of 0.69. CA, Inc. has a one year low of $30.45 and a one year high of $37.25. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 0.44.
CA (NASDAQ:CA) last announced its earnings results on Tuesday, January 30th. The technology company reported $0.75 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.55 by $0.20. The company had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.07 billion. CA had a net margin of 10.23% and a return on equity of 16.52%. CA’s revenue was up 8.5% compared to the same quarter last year. During the same period last year, the firm earned $0.63 earnings per share. equities research analysts anticipate that CA, Inc. will post 2.37 EPS for the current year.
The business also recently declared a quarterly dividend, which was paid on Tuesday, March 13th. Shareholders of record on Thursday, February 22nd were issued a $0.255 dividend. The ex-dividend date of this dividend was Wednesday, February 21st. This represents a $1.02 dividend on an annualized basis and a dividend yield of 2.81%. CA’s dividend payout ratio is currently 100.99%.
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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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