CA, Inc. (CA) Stake Increased by Regentatlantic Capital LLC
Regentatlantic Capital LLC grew its stake in CA, Inc. (NASDAQ:CA) by 4.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 346,512 shares of the technology company’s stock after acquiring an additional 15,376 shares during the quarter. CA accounts for 0.9% of Regentatlantic Capital LLC’s holdings, making the stock its 27th biggest position. Regentatlantic Capital LLC’s holdings in CA were worth $11,532,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds also recently made changes to their positions in the company. California State Teachers Retirement System increased its stake in shares of CA by 2.1% in the 2nd 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 last quarter. Sii Investments Inc. WI increased its stake in CA by 1.7% during the 2nd quarter. Sii Investments Inc. WI now owns 8,039 shares of the technology company’s stock worth $278,000 after purchasing an additional 131 shares in the last quarter. The Manufacturers Life Insurance Company increased its stake in CA by 1.1% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 367,111 shares of the technology company’s stock worth $12,654,000 after purchasing an additional 4,044 shares in the last quarter. Sun Life Financial INC increased its stake in CA by 3,772.8% during the 2nd quarter. Sun Life Financial INC now owns 6,700 shares of the technology company’s stock worth $231,000 after purchasing an additional 6,527 shares in the last quarter. Finally, Toronto Dominion Bank increased its stake in CA by 25.3% during the 2nd quarter. Toronto Dominion Bank now owns 106,726 shares of the technology company’s stock worth $3,678,000 after purchasing an additional 21,532 shares in the last quarter. 68.77% of the stock is owned by institutional investors.
A number of analysts recently issued reports on CA shares. BidaskClub raised CA from a “strong sell” rating to a “sell” rating in a research note on Thursday, September 28th. Mizuho reissued a “hold” rating and set a $34.00 target price on shares of CA in a research note on Wednesday, October 25th. Zacks Investment Research raised CA from a “hold” rating to a “buy” rating and set a $37.00 target price for the company in a research note on Monday, October 30th. Finally, Barclays lowered their target price 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. Three research analysts have rated the stock with a sell rating, ten have given a hold rating and five have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $33.70.
CA (NASDAQ:CA) last released its quarterly earnings results on Wednesday, October 25th. The technology company reported $0.62 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.62. CA had a return on equity of 15.74% and a net margin of 17.83%. The firm had revenue of $1.03 billion during the quarter, compared to the consensus estimate of $1.05 billion. During the same quarter in the prior year, the firm posted $0.67 EPS. The business’s revenue was up 1.6% on a year-over-year basis. research analysts forecast that CA, Inc. will post 2.25 EPS for the current year.
In other news, EVP Lauren Patricia Flaherty sold 24,843 shares of the stock in a transaction that occurred 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 owns 82,000 shares of the company’s stock, valued at approximately $2,672,380. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 0.90% of the company’s stock.
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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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