Livforsakringsbolaget Skandia Omsesidigt increased its position in CA, Inc. (NASDAQ:CA) by 221.6% in the 4th quarter, HoldingsChannel reports. The fund owned 126,838 shares of the technology company’s stock after buying an additional 87,400 shares during the quarter. Livforsakringsbolaget Skandia Omsesidigt’s holdings in CA were worth $4,221,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of CA. Vanguard Group Inc. boosted its stake in CA by 22.3% in the 2nd quarter. Vanguard Group Inc. now owns 32,166,860 shares of the technology company’s stock worth $1,108,792,000 after purchasing an additional 5,855,217 shares during the period. Bank of New York Mellon Corp boosted its stake in CA by 12.0% in the 3rd quarter. Bank of New York Mellon Corp now owns 30,244,351 shares of the technology company’s stock worth $1,009,556,000 after purchasing an additional 3,240,645 shares during the period. Skandinaviska Enskilda Banken AB publ boosted its stake in CA by 541.5% in the 3rd quarter. Skandinaviska Enskilda Banken AB publ now owns 3,150,132 shares of the technology company’s stock worth $105,151,000 after purchasing an additional 2,659,100 shares during the period. Cornerstone Capital Management Holdings LLC. boosted its stake in CA by 1,758.9% in the 3rd quarter. Cornerstone Capital Management Holdings LLC. now owns 1,219,309 shares of the technology company’s stock worth $40,699,000 after purchasing an additional 1,153,717 shares during the period. Finally, Assenagon Asset Management S.A. bought a new position in CA in the 3rd quarter worth approximately $22,192,000. Institutional investors and hedge funds own 68.77% of the company’s stock.

Several research analysts have weighed in on CA shares. Zacks Investment Research upgraded CA from a “hold” rating to a “buy” rating and set a $37.00 price target for the company in a research note on Monday, October 30th. Barclays dropped their price target on CA from $36.00 to $34.00 and set an “equal weight” rating for the company in a research note on Thursday, October 26th. BidaskClub upgraded CA from a “sell” rating to a “hold” rating in a research report on Saturday, December 9th. Finally, Mizuho reiterated a “hold” rating and set a $34.00 target price on shares of CA in a research report on Wednesday, October 25th. Three investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and five have assigned a buy rating to the stock. CA currently has a consensus rating of “Hold” and an average price target of $33.70.

In related news, EVP Lauren Patricia Flaherty sold 24,843 shares of the firm’s stock in a transaction on Wednesday, November 1st. The stock was sold at an average price of $32.59, for a total value of $809,633.37. Following the completion of the sale, the executive vice president now directly owns 82,000 shares in the company, valued at $2,672,380. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 0.90% of the stock is owned by company insiders.

CA, Inc. (NASDAQ CA) opened at $34.47 on Thursday. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 0.42. The company has a market capitalization of $14,238.85, a P/E ratio of 19.81, a PEG ratio of 4.54 and a beta of 0.74. CA, Inc. has a 52-week low of $30.45 and a 52-week high of $36.54.

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

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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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Institutional Ownership by Quarter for CA (NASDAQ:CA)

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