CA Inc. (CA) Position Lowered by Quantbot Technologies LP

Quantbot Technologies LP trimmed its stake in CA Inc. (NASDAQ:CA) by 25.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 55,204 shares of the technology company’s stock after selling 18,822 shares during the period. Quantbot Technologies LP’s holdings in CA were worth $1,902,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Parallel Advisors LLC grew its position in shares of CA by 3.4% in the 1st quarter. Parallel Advisors LLC now owns 3,245 shares of the technology company’s stock valued at $106,000 after buying an additional 107 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its position in shares of CA by 26.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,148 shares of the technology company’s stock valued at $108,000 after buying an additional 654 shares during the last quarter. Bessemer Group Inc. grew its position in shares of CA by 419.6% in the 2nd quarter. Bessemer Group Inc. now owns 3,871 shares of the technology company’s stock valued at $134,000 after buying an additional 3,126 shares during the last quarter. D.A. Davidson & CO. grew its position in shares of CA by 4.2% in the 2nd quarter. D.A. Davidson & CO. now owns 4,227 shares of the technology company’s stock valued at $145,000 after buying an additional 169 shares during the last quarter. Finally, CENTRAL TRUST Co grew its position in shares of CA by 7.4% in the 2nd quarter. CENTRAL TRUST Co now owns 4,609 shares of the technology company’s stock valued at $159,000 after buying an additional 319 shares during the last quarter. 67.51% of the stock is currently owned by hedge funds and other institutional investors.

Shares of CA Inc. (NASDAQ:CA) opened at 32.68 on Friday. The stock has a 50 day moving average of $32.62 and a 200 day moving average of $32.62. The firm has a market cap of $13.77 billion, a PE ratio of 18.16 and a beta of 0.82. CA Inc. has a 1-year low of $30.01 and a 1-year high of $36.54.

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

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 12th. Stockholders of record on Thursday, August 24th were given a dividend of $0.255 per share. The ex-dividend date of this dividend was Tuesday, August 22nd. This represents a $1.02 annualized dividend and a dividend yield of 3.12%. CA’s dividend payout ratio is currently 56.67%.

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In related news, insider Michael P. Gregoire sold 71,235 shares of the stock in a transaction dated 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 completion of the transaction, the insider now owns 285,652 shares in the company, valued at approximately $9,535,063.76. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Adam Elster sold 166,621 shares of the stock in a transaction dated Monday, August 7th. The shares were sold at an average price of $32.26, for a total transaction of $5,375,193.46. Following the completion of the transaction, the insider now owns 251,356 shares of the company’s stock, valued at approximately $8,108,744.56. The disclosure for this sale can be found here. Insiders have sold 286,056 shares of company stock valued at $9,330,507 in the last 90 days. Insiders own 0.90% of the company’s stock.

Several research analysts have issued reports on CA shares. Citigroup Inc. raised their price objective on shares of CA from $34.00 to $36.00 and gave the stock a “neutral” rating in a research report on Wednesday, June 28th. BidaskClub downgraded shares of CA from a “hold” rating to a “sell” rating in a research report on Saturday, July 1st. Jefferies Group LLC reissued a “buy” rating and set a $38.00 price objective on shares of CA in a research report on Wednesday, June 21st. Royal Bank Of Canada reissued a “hold” rating and set a $32.00 price objective on shares of CA in a research report on Monday, August 21st. Finally, Zacks Investment Research downgraded shares of CA from a “buy” rating to a “hold” rating in a research report on Monday, July 17th. Four analysts have rated the stock with a sell rating, ten have issued a hold rating and six have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $34.88.

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.

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Institutional Ownership by Quarter for CA (NASDAQ:CA)

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