CA, Inc. (NASDAQ:CA) EVP Lauren Patricia Flaherty sold 10,793 shares of CA stock in a transaction that occurred on Monday, March 12th. The shares were sold at an average price of $36.75, for a total value of $396,642.75. Following the transaction, the executive vice president now directly owns 71,123 shares in the company, valued at approximately $2,613,770.25. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Shares of CA, Inc. (CA) opened at $35.84 on Thursday. The stock has a market capitalization of $15,121.84, a price-to-earnings ratio of 35.49, a price-to-earnings-growth ratio of 4.59 and a beta of 0.69. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.24 and a quick ratio of 1.24. CA, Inc. has a one year low of $30.45 and a one year high of $37.25.
CA (NASDAQ:CA) last issued its earnings results on Tuesday, January 30th. The technology company reported $0.75 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.55 by $0.20. The firm had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.07 billion. CA had a return on equity of 16.52% and a net margin of 10.23%. The business’s revenue was up 8.5% on a year-over-year basis. During the same period in the previous year, the company posted $0.63 earnings per share. equities research analysts predict that CA, Inc. will post 2.37 EPS for the current year.
Several institutional investors and hedge funds have recently modified their holdings of the business. Cornerstone Capital Management Holdings LLC. raised its stake in shares of CA by 1,758.9% during the 3rd quarter. Cornerstone Capital Management Holdings LLC. now owns 1,219,309 shares of the technology company’s stock valued at $40,699,000 after purchasing an additional 1,153,717 shares during the period. Jane Street Group LLC raised its stake in shares of CA by 525.6% during the 3rd quarter. Jane Street Group LLC now owns 68,952 shares of the technology company’s stock valued at $2,302,000 after purchasing an additional 85,152 shares during the period. California Public Employees Retirement System raised its stake in shares of CA by 5.1% during the 3rd quarter. California Public Employees Retirement System now owns 890,473 shares of the technology company’s stock valued at $29,724,000 after purchasing an additional 43,101 shares during the period. Swiss National Bank raised its stake in shares of CA by 0.8% during the 4th quarter. Swiss National Bank now owns 1,164,222 shares of the technology company’s stock valued at $38,745,000 after purchasing an additional 9,600 shares during the period. Finally, Bank of New York Mellon Corp raised its stake in shares of CA by 12.0% during the 3rd quarter. Bank of New York Mellon Corp now owns 30,244,351 shares of the technology company’s stock valued at $1,009,556,000 after purchasing an additional 3,240,645 shares during the period. Hedge funds and other institutional investors own 68.01% of the company’s stock.
CA has been the topic of several research analyst reports. BidaskClub cut CA from a “buy” rating to a “hold” rating in a research report on Thursday. Oppenheimer reissued a “hold” rating on shares of CA in a research report on Wednesday, January 31st. Argus reissued a “buy” rating and issued a $33.70 price objective (down previously from $40.00) on shares of CA in a research report on Wednesday, February 7th. Barclays boosted their price objective on CA from $34.00 to $37.00 and gave the stock an “equal weight” rating in a research report on Wednesday, January 31st. Finally, Jefferies Group reissued a “buy” rating and issued a $41.00 price objective on shares of CA in a research report on Wednesday, January 31st. Two investment 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 company has an average rating of “Hold” and an average target price of $34.23.
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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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