California State Teachers Retirement System increased its holdings in CA Inc. (NASDAQ:CA) by 2.1% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 610,877 shares of the technology company’s stock after purchasing an additional 12,408 shares during the period. California State Teachers Retirement System owned approximately 0.15% of CA worth $21,057,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of CA. Parallel Advisors LLC increased its holdings in shares of CA by 3.4% during the first quarter. Parallel Advisors LLC now owns 3,245 shares of the technology company’s stock worth $106,000 after buying an additional 107 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of CA by 26.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,148 shares of the technology company’s stock worth $108,000 after buying an additional 654 shares in the last quarter. Bessemer Group Inc. increased its holdings in shares of CA by 419.6% during the second quarter. Bessemer Group Inc. now owns 3,871 shares of the technology company’s stock worth $134,000 after buying an additional 3,126 shares in the last quarter. D.A. Davidson & CO. increased its holdings in shares of CA by 4.2% during the second quarter. D.A. Davidson & CO. now owns 4,227 shares of the technology company’s stock worth $145,000 after buying an additional 169 shares in the last quarter. Finally, CENTRAL TRUST Co increased its holdings in shares of CA by 7.4% during the second quarter. CENTRAL TRUST Co now owns 4,609 shares of the technology company’s stock worth $159,000 after buying an additional 319 shares in the last quarter. 67.49% of the stock is owned by hedge funds and other institutional investors.

Shares of CA Inc. (NASDAQ:CA) opened at 33.73 on Tuesday. The stock’s 50 day moving average is $33.25 and its 200 day moving average is $32.77. CA Inc. has a 1-year low of $30.01 and a 1-year high of $36.54. The company has a market capitalization of $14.21 billion, a PE ratio of 18.74 and a beta of 0.83.

CA (NASDAQ:CA) last announced its quarterly earnings results on Wednesday, August 2nd. The technology company reported $0.61 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.55 by $0.06. CA had a net margin of 18.59% and a return on equity of 16.54%. The firm had revenue of $1.03 billion during the quarter, compared to analysts’ expectations of $1.01 billion. During the same period in the prior year, the company posted $0.64 EPS. The company’s revenue was up 2.6% on a year-over-year basis. On average, equities research analysts anticipate that CA Inc. will post $2.46 EPS for the current fiscal year.

In other news, insider Adam Elster sold 166,621 shares of the company’s stock in a transaction on Monday, August 7th. The shares were sold at an average price of $32.26, for a total value of $5,375,193.46. Following the sale, the insider now directly owns 251,356 shares of the company’s stock, valued at approximately $8,108,744.56. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Ayman Sayed sold 12,920 shares of the company’s stock in a transaction on Friday, August 11th. The shares were sold at an average price of $32.19, for a total transaction of $415,894.80. Following the completion of the sale, the insider now directly owns 114,422 shares in the company, valued at $3,683,244.18. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 286,056 shares of company stock valued at $9,330,507. Corporate insiders own 0.90% of the company’s stock.

Several research firms have recently weighed in on CA. BidaskClub raised shares of CA from a “strong sell” rating to a “sell” rating in a report on Wednesday, August 9th. Barclays PLC reaffirmed an “equal weight” rating and set a $36.00 price objective (up previously from $35.00) on shares of CA in a report on Wednesday, August 9th. Mizuho reaffirmed a “hold” rating and set a $34.00 price objective on shares of CA in a report on Friday, July 28th. ValuEngine raised shares of CA from a “hold” rating to a “buy” rating in a report on Monday, September 11th. Finally, Zacks Investment Research raised shares of CA from a “sell” rating to a “hold” rating and set a $38.00 price objective for the company in a report on Tuesday, July 11th. Four analysts have rated the stock with a sell rating, ten have given a hold rating and six have given a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $34.88.

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About CA

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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