CA Inc. (CA) Shares Bought by State Treasurer State of Michigan

State Treasurer State of Michigan raised its position in shares of CA Inc. (NASDAQ:CA) by 8.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 890,080 shares of the technology company’s stock after buying an additional 65,700 shares during the period. State Treasurer State of Michigan owned about 0.21% of CA worth $29,711,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Hefty Wealth Partners boosted its holdings in CA by 0.6% in the second quarter. Hefty Wealth Partners now owns 5,316 shares of the technology company’s stock valued at $183,000 after purchasing an additional 32 shares during the period. Advisor Partners LLC boosted its holdings in CA by 0.9% in the second quarter. Advisor Partners LLC now owns 7,353 shares of the technology company’s stock valued at $253,000 after purchasing an additional 64 shares during the period. Louisiana State Employees Retirement System boosted its holdings in CA by 0.5% in the second quarter. Louisiana State Employees Retirement System now owns 19,400 shares of the technology company’s stock valued at $669,000 after purchasing an additional 100 shares during the period. Sii Investments Inc. WI boosted its holdings in 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 purchasing an additional 131 shares during the period. Finally, Security National Bank of Sioux City Iowa IA boosted its holdings in CA by 0.6% in the second quarter. Security National Bank of Sioux City Iowa IA now owns 26,759 shares of the technology company’s stock valued at $922,000 after purchasing an additional 147 shares during the period. Institutional investors and hedge funds own 67.49% of the company’s stock.

COPYRIGHT VIOLATION NOTICE: This news story was originally published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this news story on another domain, it was illegally stolen and republished in violation of US & international trademark & copyright legislation. The correct version of this news story can be accessed at https://ledgergazette.com/2017/10/23/ca-inc-ca-shares-bought-by-state-treasurer-state-of-michigan.html.

CA Inc. (CA) traded up 0.62% during mid-day trading on Monday, hitting $34.31. The stock had a trading volume of 491,431 shares. The company has a 50 day moving average price of $33.38 and a 200 day moving average price of $32.83. The stock has a market cap of $14.45 billion, a P/E ratio of 19.06 and a beta of 0.83. CA Inc. has a one year low of $30.01 and a one year high of $36.54.

CA (NASDAQ:CA) last issued its earnings results on Wednesday, August 2nd. The technology company reported $0.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.55 by $0.06. The business had revenue of $1.03 billion for 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 revenue for the quarter was up 2.6% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.64 EPS. On average, equities analysts anticipate that CA Inc. will post $2.46 EPS for the current year.

In other news, insider Adam Elster sold 166,621 shares of the company’s stock in a transaction dated Monday, August 7th. The shares were sold at an average price of $32.26, for a total value of $5,375,193.46. Following the sale, the insider now owns 251,356 shares in the company, valued at approximately $8,108,744.56. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Michael P. Gregoire sold 71,235 shares of the company’s stock in a transaction dated Monday, September 11th. The shares were sold at an average price of $33.38, for a total transaction of $2,377,824.30. Following the completion of the sale, the insider now owns 285,652 shares in the company, valued at approximately $9,535,063.76. The disclosure for this sale can be found here. In the last 90 days, insiders sold 286,056 shares of company stock worth $9,330,507. Company insiders own 0.90% of the company’s stock.

A number of research analysts recently issued reports on the company. BidaskClub upgraded CA from a “strong sell” rating to a “sell” rating in a report on Wednesday, August 9th. Barclays PLC reiterated an “equal weight” rating and issued a $36.00 target price (up from $35.00) on shares of CA in a report on Wednesday, August 9th. Mizuho reiterated a “hold” rating and issued a $34.00 target price on shares of CA in a report on Friday, July 28th. ValuEngine upgraded CA from a “hold” rating to a “buy” rating in a report on Monday, September 11th. Finally, Zacks I

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Hefty Wealth Partners boosted its holdings in CA by 0.6% in the second quarter. Hefty Wealth Partners now owns 5,316 shares of the technology company’s stock valued at $183,000 after purchasing an additional 32 shares during the period. Advisor Partners LLC boosted its holdings in CA by 0.9% in the second quarter. Advisor Partners LLC now owns 7,353 shares of the technology company’s stock valued at $253,000 after purchasing an additional 64 shares during the period. Louisiana State Employees Retirement System boosted its holdings in CA by 0.5% in the second quarter. Louisiana State Employees Retirement System now owns 19,400 shares of the technology company’s stock valued at $669,000 after purchasing an additional 100 shares during the period. Sii Investments Inc. WI boosted its holdings in 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 purchasing an additional 131 shares during the period. Finally, Security National Bank of Sioux City Iowa IA boosted its holdings in CA by 0.6% in the second quarter. Security National Bank of Sioux City Iowa IA now owns 26,759 shares of the technology company’s stock valued at $922,000 after purchasing an additional 147 shares during the period. Institutional investors and hedge funds own 67.49% of the company’s stock.

COPYRIGHT VIOLATION NOTICE: This news story was originally published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this news story on another domain, it was illegally stolen and republished in violation of US & international trademark & copyright legislation. The correct version of this news story can be accessed at https://ledgergazette.com/2017/10/23/ca-inc-ca-shares-bought-by-state-treasurer-state-of-michigan.html.

CA Inc. (CA) traded up 0.62% during mid-day trading on Monday, hitting $34.31. The stock had a trading volume of 491,431 shares. The company has a 50 day moving average price of $33.38 and a 200 day moving average price of $32.83. The stock has a market cap of $14.45 billion, a P/E ratio of 19.06 and a beta of 0.83. CA Inc. has a one year low of $30.01 and a one year high of $36.54.

CA (NASDAQ:CA) last issued its earnings results on Wednesday, August 2nd. The technology company reported $0.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.55 by $0.06. The business had revenue of $1.03 billion for 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 revenue for the quarter was up 2.6% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.64 EPS. On average, equities analysts anticipate that CA Inc. will post $2.46 EPS for the current year.

In other news, insider Adam Elster sold 166,621 shares of the company’s stock in a transaction dated Monday, August 7th. The shares were sold at an average price of $32.26, for a total value of $5,375,193.46. Following the sale, the insider now owns 251,356 shares in the company, valued at approximately $8,108,744.56. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Michael P. Gregoire sold 71,235 shares of the company’s stock in a transaction dated Monday, September 11th. The shares were sold at an average price of $33.38, for a total transaction of $2,377,824.30. Following the completion of the sale, the insider now owns 285,652 shares in the company, valued at approximately $9,535,063.76. The disclosure for this sale can be found here. In the last 90 days, insiders sold 286,056 shares of company stock worth $9,330,507. Company insiders own 0.90% of the company’s stock.

A number of research analysts recently issued reports on the company. BidaskClub upgraded CA from a “strong sell” rating to a “sell” rating in a report on Wednesday, August 9th. Barclays PLC reiterated an “equal weight” rating and issued a $36.00 target price (up from $35.00) on shares of CA in a report on Wednesday, August 9th. Mizuho reiterated a “hold” rating and issued a $34.00 target price on shares of CA in a report on Friday, July 28th. ValuEngine upgraded CA from a “hold” rating to a “buy” rating in a report on Monday, September 11th. Finally, Zacks Investment Research upgraded CA from a “sell” rating to a “hold” rating and set a $38.00 target price for the company in a report on Tuesday, July 11th. Four analysts have rated the stock with a sell rating, ten have issued a hold rating and six have assigned a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $34.88.

About CA

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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