North Star Asset Management Inc. Sells 6,175 Shares of CA Inc. (CA)

North Star Asset Management Inc. decreased its holdings in shares of CA Inc. (NASDAQ:CA) by 1.8% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 342,301 shares of the technology company’s stock after selling 6,175 shares during the quarter. CA comprises approximately 1.2% of North Star Asset Management Inc.’s holdings, making the stock its 23rd biggest holding. North Star Asset Management Inc. owned approximately 0.08% of CA worth $11,799,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Northwestern Mutual Wealth Management Co. lifted its holdings in CA by 26.2% in the 2nd 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. Parallel Advisors LLC lifted its holdings in CA by 3.4% in the 1st 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. Bessemer Group Inc. lifted its holdings in CA by 419.6% in the 2nd 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. lifted its holdings in CA by 4.2% in the 2nd 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 lifted its holdings in CA by 7.4% in the 2nd 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. Institutional investors and hedge funds own 67.51% of the company’s stock.

TRADEMARK VIOLATION NOTICE: This news story was first posted by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this news story on another website, it was stolen and reposted in violation of U.S. & international trademark and copyright legislation. The correct version of this news story can be read at https://ledgergazette.com/2017/10/14/north-star-asset-management-inc-sells-6175-shares-of-ca-inc-ca.html.

In related news, insider Ayman Sayed sold 12,920 shares of the stock in a transaction dated 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 owns 114,422 shares in the company, valued at approximately $3,683,244.18. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, 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 sale, the executive vice president now owns 45,483 shares of the company’s stock, valued at approximately $1,521,406.35. The disclosure for this sale can be found here. Insiders have sold a total of 286,056 shares of company stock valued at $9,330,507 over the last ninety days. 0.90% of the stock is owned by insiders.

Shares of CA Inc. (CA) traded down 0.12% during midday trading on Friday, hitting $33.88. 1,136,138 shares of the company were exchanged. The stock has a market cap of $14.27 billion, a PE ratio of 18.82 and a beta of 0.83. CA Inc. has a one year low of $30.01 and a one year high of $36.54. The stock’s 50-day moving average is $33.23 and its 200-day moving average is $32.76.

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

A number of brokerages have commented on CA. Raymond James Financial, Inc. reiterated a “market perform” rating on shares of CA in a report on Thursday, June 22nd. Sanford C. Bernstein reissued an “underperform” rating and issued a $28.00 target price on shares of CA in a research report on Wednesday, June 28th. Citigroup Inc. boosted their target price 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. Zacks Investment Research downgraded

Other large investors have also bought and sold shares of the company. Northwestern Mutual Wealth Management Co. lifted its holdings in CA by 26.2% in the 2nd 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. Parallel Advisors LLC lifted its holdings in CA by 3.4% in the 1st 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. Bessemer Group Inc. lifted its holdings in CA by 419.6% in the 2nd 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. lifted its holdings in CA by 4.2% in the 2nd 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 lifted its holdings in CA by 7.4% in the 2nd 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. Institutional investors and hedge funds own 67.51% of the company’s stock.

TRADEMARK VIOLATION NOTICE: This news story was first posted by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this news story on another website, it was stolen and reposted in violation of U.S. & international trademark and copyright legislation. The correct version of this news story can be read at https://ledgergazette.com/2017/10/14/north-star-asset-management-inc-sells-6175-shares-of-ca-inc-ca.html.

In related news, insider Ayman Sayed sold 12,920 shares of the stock in a transaction dated 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 owns 114,422 shares in the company, valued at approximately $3,683,244.18. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, 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 sale, the executive vice president now owns 45,483 shares of the company’s stock, valued at approximately $1,521,406.35. The disclosure for this sale can be found here. Insiders have sold a total of 286,056 shares of company stock valued at $9,330,507 over the last ninety days. 0.90% of the stock is owned by insiders.

Shares of CA Inc. (CA) traded down 0.12% during midday trading on Friday, hitting $33.88. 1,136,138 shares of the company were exchanged. The stock has a market cap of $14.27 billion, a PE ratio of 18.82 and a beta of 0.83. CA Inc. has a one year low of $30.01 and a one year high of $36.54. The stock’s 50-day moving average is $33.23 and its 200-day moving average is $32.76.

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

A number of brokerages have commented on CA. Raymond James Financial, Inc. reiterated a “market perform” rating on shares of CA in a report on Thursday, June 22nd. Sanford C. Bernstein reissued an “underperform” rating and issued a $28.00 target price on shares of CA in a research report on Wednesday, June 28th. Citigroup Inc. boosted their target price 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. Zacks Investment Research downgraded shares of CA from a “buy” rating to a “hold” rating in a research report on Monday, July 17th. Finally, BidaskClub downgraded shares of CA from a “hold” rating to a “sell” rating in a research report on Saturday, July 1st. Four 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 company. CA presently has an average rating of “Hold” and an average 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.

Institutional Ownership by Quarter for CA (NASDAQ:CA)

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