CA Inc. (NASDAQ:CA) Stake Maintained by Mandatum Life Insurance Co Ltd
Mandatum Life Insurance Co Ltd continued to hold its position in shares of CA Inc. (NASDAQ:CA) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 97,004 shares of the technology company’s stock at the end of the second quarter. Mandatum Life Insurance Co Ltd’s holdings in CA were worth $3,344,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Country Club Trust Company n.a. boosted its stake in CA by 1.8% in the first quarter. Country Club Trust Company n.a. now owns 300,164 shares of the technology company’s stock worth $9,521,000 after buying an additional 5,361 shares during the period. First National Bank of Mount Dora Trust Investment Services boosted its stake in shares of CA by 18.2% in the first quarter. First National Bank of Mount Dora Trust Investment Services now owns 62,163 shares of the technology company’s stock valued at $1,972,000 after buying an additional 9,575 shares during the last quarter. Creative Planning boosted its stake in shares of CA by 43.9% in the first quarter. Creative Planning now owns 5,989 shares of the technology company’s stock valued at $190,000 after buying an additional 1,828 shares during the last quarter. Hefty Wealth Partners boosted its stake in shares of CA by 5,080.4% in the first quarter. Hefty Wealth Partners now owns 5,284 shares of the technology company’s stock valued at $167,000 after buying an additional 5,182 shares during the last quarter. Finally, Manning & Napier Advisors LLC boosted its stake in shares of CA by 9.6% in the first quarter. Manning & Napier Advisors LLC now owns 81,859 shares of the technology company’s stock valued at $2,595,000 after buying an additional 7,188 shares during the last quarter. 70.62% of the stock is owned by institutional investors.
CA Inc. (CA) traded down 1.45% during midday trading on Tuesday, reaching $34.00. The company’s stock had a trading volume of 396,012 shares. The company has a 50 day moving average of $32.41 and a 200-day moving average of $32.25. The company has a market capitalization of $14.21 billion, a P/E ratio of 18.38 and a beta of 0.87. CA Inc. has a 1-year low of $30.01 and a 1-year high of $36.54.
CA (NASDAQ:CA) last issued its quarterly earnings data on Thursday, May 11th. The technology company reported $0.54 EPS for the quarter, topping the Zacks’ consensus estimate of $0.49 by $0.05. The company had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $996.59 million. CA had a return on equity of 17.15% and a net margin of 19.20%. The firm’s quarterly revenue was up .3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.60 earnings per share. Equities research analysts anticipate that CA Inc. will post $2.38 earnings per share for the current fiscal year.
Several analysts have issued reports on CA shares. Jefferies Group LLC restated a “buy” rating and issued a $38.00 target price on shares of CA in a report on Wednesday, June 21st. Zacks Investment Research raised CA from a “sell” rating to a “hold” rating in a research note on Tuesday, March 28th. Oppenheimer Holdings, Inc. reaffirmed a “market perform” rating on shares of CA in a research note on Friday, May 12th. Raymond James Financial, Inc. reaffirmed a “market perform” rating on shares of CA in a research note on Thursday, June 22nd. Finally, Citigroup Inc. reaffirmed 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. Four research analysts have rated the stock with a sell rating, eight have given a hold rating and five have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $35.10.
In other CA news, insider Ayman Sayed sold 30,194 shares of the company’s stock in a transaction that occurred on Wednesday, June 21st. The stock was sold at an average price of $35.62, for a total transaction of $1,075,510.28. Following the sale, the insider now owns 168,455 shares in the company, valued at $6,000,367.10. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Insiders own 0.90% of the company’s stock.
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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