Raymond James Financial Services Advisors Inc. Acquires 6,200 Shares of CA Inc. (CA)

Raymond James Financial Services Advisors Inc. grew its holdings in CA Inc. (NASDAQ:CA) by 15.9% in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 45,072 shares of the technology company’s stock after buying an additional 6,200 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in CA were worth $1,554,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the company. The Manufacturers Life Insurance Company raised its stake in shares of CA by 1.1% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 367,111 shares of the technology company’s stock valued at $12,654,000 after buying an additional 4,044 shares in the last quarter. Cubist Systematic Strategies LLC increased its position in shares of CA by 57.0% during the 2nd quarter. Cubist Systematic Strategies LLC now owns 14,328 shares of the technology company’s stock worth $494,000 after purchasing an additional 5,202 shares in the last quarter. Cornerstone Capital Management Holdings LLC. increased its position in shares of CA by 21.3% during the 2nd quarter. Cornerstone Capital Management Holdings LLC. now owns 65,592 shares of the technology company’s stock worth $2,260,000 after purchasing an additional 11,505 shares in the last quarter. Janus Henderson Group PLC increased its position in shares of CA by 41.1% during the 2nd quarter. Janus Henderson Group PLC now owns 49,568 shares of the technology company’s stock worth $1,709,000 after purchasing an additional 14,439 shares in the last quarter. Finally, Shelton Capital Management increased its position in shares of CA by 6.8% during the 2nd quarter. Shelton Capital Management now owns 170,586 shares of the technology company’s stock worth $5,880,000 after purchasing an additional 10,832 shares in the last quarter. Institutional investors own 67.49% of the company’s stock.

In other CA news, insider Ayman Sayed sold 12,920 shares of the business’s stock in a transaction dated Friday, August 11th. The stock was sold at an average price of $32.19, for a total transaction of $415,894.80. Following the completion of the transaction, the insider now owns 114,422 shares of the company’s stock, valued at $3,683,244.18. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Adam Elster sold 166,621 shares of the business’s stock in a transaction dated Monday, August 7th. The stock was sold at an average price of $32.26, for a total value of $5,375,193.46. Following the transaction, the insider now directly 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. In the last three months, insiders have sold 286,056 shares of company stock valued at $9,330,507. Insiders own 0.90% of the company’s stock.

WARNING: This report was reported by The Ledger Gazette and is the property of of The Ledger Gazette. If you are accessing this report on another publication, it was illegally copied and republished in violation of international trademark & copyright laws. The original version of this report can be viewed at https://ledgergazette.com/2017/10/22/raymond-james-financial-services-advisors-inc-acquires-6200-shares-of-ca-inc-ca.html.

A number of equities research analysts recently issued reports on the stock. Sanford C. Bernstein reiterated an “underperform” rating and set a $28.00 target price on shares of CA in a research report on Wednesday, June 28th. Citigroup Inc. increased 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 cut shares of CA from a “buy” rating to a “hold” rating in a research report on Monday, July 17th. BidaskClub cut shares of CA from a “hold” rating to a “sell” rating in a research report on Saturday, July 1st. Finally, ValuEngine upgraded shares of CA from a “hold” rating to a “buy” rating in a research report on Monday, September 11th. Four research analysts have rated the stock with a sell rating, ten have assigned a hold rating and six have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $34.88.

Shares of CA Inc. (NASDAQ:CA) opened at 34.10 on Friday. The firm’s 50-day moving average is $33.38 and its 200-day moving average is $32.83. CA Inc. has a one year low of $30.01 and a one year high of $36.54. The company has a market cap of $14.37 billion, a price-to-earnings ratio of 18.94 and a beta of 0.83.

CA (NASDAQ:CA) last issued its earnings results on Wednesday, August 2nd. The technology company reported $0.61 EPS for the quarter, topping the Thomson Reut

Several other hedge funds have also made changes to their positions in the company. The Manufacturers Life Insurance Company raised its stake in shares of CA by 1.1% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 367,111 shares of the technology company’s stock valued at $12,654,000 after buying an additional 4,044 shares in the last quarter. Cubist Systematic Strategies LLC increased its position in shares of CA by 57.0% during the 2nd quarter. Cubist Systematic Strategies LLC now owns 14,328 shares of the technology company’s stock worth $494,000 after purchasing an additional 5,202 shares in the last quarter. Cornerstone Capital Management Holdings LLC. increased its position in shares of CA by 21.3% during the 2nd quarter. Cornerstone Capital Management Holdings LLC. now owns 65,592 shares of the technology company’s stock worth $2,260,000 after purchasing an additional 11,505 shares in the last quarter. Janus Henderson Group PLC increased its position in shares of CA by 41.1% during the 2nd quarter. Janus Henderson Group PLC now owns 49,568 shares of the technology company’s stock worth $1,709,000 after purchasing an additional 14,439 shares in the last quarter. Finally, Shelton Capital Management increased its position in shares of CA by 6.8% during the 2nd quarter. Shelton Capital Management now owns 170,586 shares of the technology company’s stock worth $5,880,000 after purchasing an additional 10,832 shares in the last quarter. Institutional investors own 67.49% of the company’s stock.

In other CA news, insider Ayman Sayed sold 12,920 shares of the business’s stock in a transaction dated Friday, August 11th. The stock was sold at an average price of $32.19, for a total transaction of $415,894.80. Following the completion of the transaction, the insider now owns 114,422 shares of the company’s stock, valued at $3,683,244.18. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Adam Elster sold 166,621 shares of the business’s stock in a transaction dated Monday, August 7th. The stock was sold at an average price of $32.26, for a total value of $5,375,193.46. Following the transaction, the insider now directly 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. In the last three months, insiders have sold 286,056 shares of company stock valued at $9,330,507. Insiders own 0.90% of the company’s stock.

WARNING: This report was reported by The Ledger Gazette and is the property of of The Ledger Gazette. If you are accessing this report on another publication, it was illegally copied and republished in violation of international trademark & copyright laws. The original version of this report can be viewed at https://ledgergazette.com/2017/10/22/raymond-james-financial-services-advisors-inc-acquires-6200-shares-of-ca-inc-ca.html.

A number of equities research analysts recently issued reports on the stock. Sanford C. Bernstein reiterated an “underperform” rating and set a $28.00 target price on shares of CA in a research report on Wednesday, June 28th. Citigroup Inc. increased 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 cut shares of CA from a “buy” rating to a “hold” rating in a research report on Monday, July 17th. BidaskClub cut shares of CA from a “hold” rating to a “sell” rating in a research report on Saturday, July 1st. Finally, ValuEngine upgraded shares of CA from a “hold” rating to a “buy” rating in a research report on Monday, September 11th. Four research analysts have rated the stock with a sell rating, ten have assigned a hold rating and six have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $34.88.

Shares of CA Inc. (NASDAQ:CA) opened at 34.10 on Friday. The firm’s 50-day moving average is $33.38 and its 200-day moving average is $32.83. CA Inc. has a one year low of $30.01 and a one year high of $36.54. The company has a market cap of $14.37 billion, a price-to-earnings ratio of 18.94 and a beta of 0.83.

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

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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Institutional Ownership by Quarter for CA (NASDAQ:CA)

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