Sii Investments Inc. WI Acquires 131 Shares of CA Inc. (CA)
Sii Investments Inc. WI lifted its holdings in CA Inc. (NASDAQ:CA) by 1.7% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 8,039 shares of the technology company’s stock after purchasing an additional 131 shares during the quarter. Sii Investments Inc. WI’s holdings in CA were worth $278,000 at the end of the most recent quarter.
Other hedge funds have also bought and sold shares of the company. BlackRock Inc. lifted its position in CA by 2,711.1% in the first quarter. BlackRock Inc. now owns 20,716,899 shares of the technology company’s stock worth $657,139,000 after buying an additional 19,979,935 shares during the last quarter. Vanguard Group Inc. lifted its position in CA by 22.3% in the second quarter. Vanguard Group Inc. now owns 32,166,860 shares of the technology company’s stock worth $1,108,792,000 after buying an additional 5,855,217 shares during the last quarter. Bank of New York Mellon Corp lifted its position in CA by 11.1% in the second quarter. Bank of New York Mellon Corp now owns 27,003,706 shares of the technology company’s stock worth $930,816,000 after buying an additional 2,691,791 shares during the last quarter. FIL Ltd lifted its position in CA by 13.1% in the first quarter. FIL Ltd now owns 8,352,008 shares of the technology company’s stock worth $264,926,000 after buying an additional 964,522 shares during the last quarter. Finally, First Trust Advisors LP lifted its position in CA by 15.7% in the second quarter. First Trust Advisors LP now owns 4,441,835 shares of the technology company’s stock worth $153,110,000 after buying an additional 604,026 shares during the last quarter. 67.51% of the stock is owned by hedge funds and other institutional investors.
Shares of CA Inc. (NASDAQ CA) opened at 33.86 on Friday. CA Inc. has a 12-month low of $30.01 and a 12-month high of $36.54. The company has a market capitalization of $14.26 billion, a P/E ratio of 18.81 and a beta of 0.83. The company has a 50 day moving average price of $33.05 and a 200 day moving average price of $32.69.
CA (NASDAQ:CA) last posted its earnings results on Wednesday, August 2nd. The technology company reported $0.61 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.55 by $0.06. CA had a return on equity of 16.54% and a net margin of 18.59%. The firm had revenue of $1.03 billion for the quarter, compared to analyst estimates of $1.01 billion. During the same quarter in the prior year, the company earned $0.64 EPS. CA’s revenue was up 2.6% on a year-over-year basis. Equities analysts anticipate that CA Inc. will post $2.46 EPS for the current year.
The company also recently announced a quarterly dividend, which was paid on Tuesday, September 12th. Investors of record on Thursday, August 24th were paid a dividend of $0.255 per share. This represents a $1.02 annualized dividend and a yield of 3.01%. The ex-dividend date was Tuesday, August 22nd. CA’s payout ratio is 56.67%.
A number of analysts recently issued reports on the company. Mizuho restated a “hold” rating and issued a $34.00 price target on shares of CA in a research report on Friday, July 28th. Zacks Investment Research downgraded CA from a “buy” rating to a “hold” rating in a research report on Monday, July 17th. Raymond James Financial, Inc. restated a “market perform” rating on shares of CA in a research report on Thursday, June 22nd. BidaskClub upgraded CA from a “strong sell” rating to a “sell” rating in a research report on Wednesday, August 9th. Finally, Credit Suisse Group restated a “neutral” rating and issued a $34.00 price target on shares of CA in a research report on Tuesday, September 5th. Four analysts have rated the stock with a sell rating, ten have issued a hold rating and six have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $34.88.
In related news, EVP Jacob Lamm sold 16,349 shares of the stock in a transaction dated Monday, September 11th. The stock was sold at an average price of $33.45, for a total transaction of $546,874.05. Following the transaction, the executive vice president now owns 45,483 shares of the company’s stock, valued at approximately $1,521,406.35. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Adam Elster sold 166,621 shares of the stock in a transaction dated Monday, August 7th. The stock was sold at an average price of $32.26, for a total value of $5,375,193.46. Following the transaction, the insider now directly owns 251,356 shares in the company, valued at approximately $8,108,744.56. The disclosure for this sale can be found here. In the last three months, insiders have sold 286,056 shares of company stock worth $9,330,507. 0.90% of the stock is owned by corporate insiders.
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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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