CA Inc. (CA) Shares Sold by DekaBank Deutsche Girozentrale

DekaBank Deutsche Girozentrale reduced its holdings in CA Inc. (NASDAQ:CA) by 50.1% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 105,007 shares of the technology company’s stock after selling 105,448 shares during the quarter. DekaBank Deutsche Girozentrale’s holdings in CA were worth $3,465,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. California State Teachers Retirement System lifted its position in CA by 2.1% during the second quarter. California State Teachers Retirement System now owns 610,877 shares of the technology company’s stock valued at $21,057,000 after purchasing an additional 12,408 shares in the last quarter. Sii Investments Inc. WI lifted its position in shares of CA by 1.7% in the second quarter. Sii Investments Inc. WI now owns 8,039 shares of the technology company’s stock valued at $278,000 after acquiring an additional 131 shares in the last quarter. Teachers Advisors LLC lifted its position in shares of CA by 2.4% in the second quarter. Teachers Advisors LLC now owns 1,326,972 shares of the technology company’s stock valued at $45,741,000 after acquiring an additional 31,368 shares in the last quarter. Bank of New York Mellon Corp lifted its position in shares of 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 valued at $930,816,000 after acquiring an additional 2,691,791 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in shares of CA by 26.2% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,148 shares of the technology company’s stock worth $108,000 after purchasing an additional 654 shares during the last quarter. Hedge funds and other institutional investors own 68.14% of the company’s stock.

CA has been the subject of several recent analyst reports. BidaskClub upgraded CA from a “strong sell” rating to a “sell” rating in a research report on Thursday, September 28th. ValuEngine raised CA from a “hold” rating to a “buy” rating in a research report on Monday, September 11th. KeyCorp reissued a “sector weight” rating on shares of CA in a research note on Sunday, September 17th. Barclays PLC reaffirmed an “equal weight” rating and issued a $36.00 price target (up from $35.00) on shares of CA in a research note on Thursday, August 3rd. Finally, Royal Bank Of Canada reiterated a “hold” rating and issued a $32.00 price objective on shares of CA in a report on Monday, August 21st. 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 company’s stock. The stock presently has an average rating of “Hold” and an average target price of $33.58.

In other CA news, insider Michael P. Gregoire sold 71,235 shares of CA stock in a transaction on Monday, September 11th. The shares were sold at an average price of $33.38, for a total value of $2,377,824.30. Following the transaction, the insider now directly owns 285,652 shares in the company, valued at $9,535,063.76. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Jacob Lamm sold 16,349 shares of CA stock in a transaction on Monday, September 11th. The shares were sold at an average price of $33.45, for a total transaction of $546,874.05. Following the completion of the transaction, the executive vice president now owns 45,483 shares in the company, valued at $1,521,406.35. The disclosure for this sale can be found here. Over the last three months, insiders sold 112,427 shares of company stock valued at $3,734,332. 0.90% of the stock is owned by corporate insiders.

Shares of CA Inc. (CA) opened at $32.58 on Wednesday. CA Inc. has a 1 year low of $30.01 and a 1 year high of $36.54. The firm has a market cap of $13,615.22, a price-to-earnings ratio of 14.92, a P/E/G ratio of 4.34 and a beta of 0.74. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 0.42.

CA (NASDAQ:CA) last announced its quarterly earnings results on Wednesday, October 25th. The technology company reported $0.62 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.62. CA had a net margin of 17.83% and a return on equity of 15.74%. The firm had revenue of $1.03 billion during the quarter, compared to analysts’ expectations of $1.05 billion. During the same period in the previous year, the company earned $0.67 earnings per share. CA’s quarterly revenue was up 1.6% compared to the same quarter last year. equities analysts predict that CA Inc. will post 2.25 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 12th. Investors of record on Thursday, November 30th will be given a $0.255 dividend. The ex-dividend date of this dividend is Wednesday, November 29th. This represents a $1.02 dividend on an annualized basis and a yield of 3.13%. CA’s dividend payout ratio (DPR) is presently 58.62%.

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CA 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.

Institutional Ownership by Quarter for CA (NASDAQ:CA)

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