Edmond DE Rothschild Holding S.A. Has $452,000 Stake in CA Inc. (CA)
Edmond DE Rothschild Holding S.A. held its position in CA Inc. (NASDAQ:CA) during the first quarter, according to its most recent 13F filing with the SEC. The fund owned 14,250 shares of the technology company’s stock at the end of the first quarter. Edmond DE Rothschild Holding S.A.’s holdings in CA were worth $452,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Guggenheim Capital LLC raised its position in shares of CA by 26.6% in the fourth quarter. Guggenheim Capital LLC now owns 1,732,331 shares of the technology company’s stock worth $55,037,000 after buying an additional 363,936 shares during the period. Ellington Management Group LLC bought a new position in shares of CA during the fourth quarter worth approximately $365,000. Two Sigma Investments LP raised its position in shares of CA by 32.1% in the fourth quarter. Two Sigma Investments LP now owns 220,467 shares of the technology company’s stock worth $7,004,000 after buying an additional 53,548 shares during the period. Janus Capital Management LLC raised its position in shares of CA by 239.3% in the fourth quarter. Janus Capital Management LLC now owns 811,354 shares of the technology company’s stock worth $25,777,000 after buying an additional 572,254 shares during the period. Finally, First Republic Investment Management Inc. raised its position in shares of CA by 35.6% in the fourth quarter. First Republic Investment Management Inc. now owns 61,214 shares of the technology company’s stock worth $1,945,000 after buying an additional 16,069 shares during the period. Institutional investors own 71.69% of the company’s stock.
Shares of CA Inc. (CA) traded up 14.12% on Wednesday, hitting $36.04. 1,953,809 shares of the company’s stock were exchanged. The stock’s 50 day moving average is $31.93 and its 200 day moving average is $32.09. CA Inc. has a 12 month low of $30.01 and a 12 month high of $36.54. The firm has a market cap of $15.06 billion, a P/E ratio of 19.48 and a beta of 0.92.
CA (NASDAQ:CA) last posted its earnings results on Thursday, May 11th. The technology company reported $0.54 earnings per share for the quarter, topping the consensus estimate of $0.49 by $0.05. The firm had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $996.59 million. CA had a net margin of 19.20% and a return on equity of 17.15%. The company’s revenue was up .3% on a year-over-year basis. During the same quarter last year, the company earned $0.60 earnings per share. On average, equities analysts predict that CA Inc. will post $2.39 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 13th. Stockholders of record on Thursday, May 25th were paid a $0.255 dividend. The ex-dividend date was Tuesday, May 23rd. This represents a $1.02 annualized dividend and a dividend yield of 3.23%. CA’s payout ratio is 55.14%.
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A number of research analysts recently commented on the stock. Piper Jaffray Companies upped their price target on shares of CA from $42.00 to $45.00 and gave the company an “overweight” rating in a research note on Monday, April 17th. Jefferies Group LLC reiterated a “buy” rating and issued a $38.00 price target on shares of CA in a research note on Wednesday. Raymond James Financial, Inc. upgraded shares of CA from a “market perform” rating to an “outperform” rating and set a $42.00 price target on the stock in a research note on Monday, May 8th. Citigroup Inc. reiterated a “neutral” rating and issued a $34.00 price target (up previously from $33.00) on shares of CA in a research note on Sunday, May 14th. Finally, Zacks Investment Research lowered shares of CA from a “hold” rating to a “sell” rating in a research note on Tuesday, May 16th. Three analysts have rated the stock with a sell rating, seven have given a hold rating and six have issued a buy rating to the company’s stock. CA presently has an average rating of “Hold” and an average price target of $35.25.
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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