CIBC Asset Management Inc grew its stake in shares of CA, Inc. (NASDAQ:CA) by 2.4% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 50,715 shares of the technology company’s stock after purchasing an additional 1,199 shares during the quarter. CIBC Asset Management Inc’s holdings in CA were worth $2,239,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in CA. DnB Asset Management AS raised its holdings in shares of CA by 5.4% during the second quarter. DnB Asset Management AS now owns 40,894 shares of the technology company’s stock valued at $1,458,000 after buying an additional 2,100 shares during the last quarter. IFM Investors Pty Ltd raised its holdings in shares of CA by 18.9% during the second quarter. IFM Investors Pty Ltd now owns 18,232 shares of the technology company’s stock valued at $650,000 after buying an additional 2,893 shares during the last quarter. State of Alaska Department of Revenue raised its holdings in shares of CA by 22.8% during the second quarter. State of Alaska Department of Revenue now owns 80,427 shares of the technology company’s stock valued at $2,866,000 after buying an additional 14,920 shares during the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund raised its holdings in shares of CA by 3.4% during the second quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 98,905 shares of the technology company’s stock valued at $3,526,000 after buying an additional 3,207 shares during the last quarter. Finally, Manning & Napier Group LLC raised its holdings in shares of CA by 6.2% during the second quarter. Manning & Napier Group LLC now owns 122,164 shares of the technology company’s stock valued at $4,354,000 after buying an additional 7,170 shares during the last quarter. 69.66% of the stock is owned by hedge funds and other institutional investors.

CA stock opened at $44.44 on Friday. The company has a current ratio of 2.21, a quick ratio of 2.21 and a debt-to-equity ratio of 0.32. The company has a market capitalization of $18.58 billion, a price-to-earnings ratio of 19.16, a price-to-earnings-growth ratio of 3.84 and a beta of 0.73. CA, Inc. has a 1 year low of $31.97 and a 1 year high of $44.47.

A number of research analysts recently commented on the stock. Argus lowered shares of CA from a “buy” rating to a “hold” rating in a research note on Tuesday, July 24th. Zacks Investment Research upgraded shares of CA from a “hold” rating to a “buy” rating and set a $49.00 price objective on the stock in a research note on Thursday, August 9th. BidaskClub upgraded shares of CA from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, October 24th. Royal Bank of Canada reiterated a “hold” rating and set a $44.50 price objective on shares of CA in a research note on Friday, July 13th. Finally, Jefferies Financial Group lowered shares of CA from a “buy” rating to a “hold” rating and set a $38.00 price objective on the stock. in a research note on Tuesday, July 17th. Ten analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $38.52.

In other CA news, insider Ayman Sayed sold 14,418 shares of CA stock in a transaction that occurred on Thursday, August 16th. The shares were sold at an average price of $43.56, for a total value of $628,048.08. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.87% of the company’s stock.

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About CA

CA, Inc, doing business as CA technologies, develops, markets, delivers, and licenses software products and services in the United States and internationally. It operates through three segments: Mainframe Solutions, Enterprise Solutions, and Services. The Mainframe Solutions segment offers solutions for the IBM z Systems platform, which runs various mission critical business applications.

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Institutional Ownership by Quarter for CA (NASDAQ:CA)

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