Wealth Advisors of Tampa Bay LLC bought a new stake in CA, Inc. (NASDAQ:CA) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 98,405 shares of the technology company’s stock, valued at approximately $3,337,000. CA makes up approximately 2.3% of Wealth Advisors of Tampa Bay LLC’s investment portfolio, making the stock its 22nd largest holding.
Several other large investors have also recently modified their holdings of the company. NuWave Investment Management LLC acquired a new stake in shares of CA in the 4th quarter valued at $264,000. OLD National Bancorp IN raised its holdings in shares of CA by 3.4% in the fourth quarter. OLD National Bancorp IN now owns 69,707 shares of the technology company’s stock valued at $2,320,000 after buying an additional 2,290 shares during the last quarter. KBC Group NV raised its holdings in shares of CA by 89.4% in the fourth quarter. KBC Group NV now owns 248,969 shares of the technology company’s stock valued at $8,285,000 after buying an additional 117,505 shares during the last quarter. Swiss National Bank raised its holdings in shares of CA by 0.8% in the fourth quarter. Swiss National Bank now owns 1,164,222 shares of the technology company’s stock valued at $38,745,000 after buying an additional 9,600 shares during the last quarter. Finally, Cognios Capital LLC raised its holdings in shares of CA by 60.6% in the fourth quarter. Cognios Capital LLC now owns 81,636 shares of the technology company’s stock valued at $2,715,000 after buying an additional 30,791 shares during the last quarter. Institutional investors own 68.98% of the company’s stock.
A number of research firms recently issued reports on CA. Oppenheimer reaffirmed a “hold” rating on shares of CA in a report on Wednesday, January 31st. Argus reaffirmed a “buy” rating and issued a $33.70 price target (down from $40.00) on shares of CA in a report on Wednesday, February 7th. BidaskClub cut CA from a “sell” rating to a “strong sell” rating in a report on Thursday, November 9th. Zacks Investment Research raised CA from a “hold” rating to a “buy” rating and set a $40.00 price target for the company in a report on Friday, February 2nd. Finally, Barclays lifted their price target on CA from $34.00 to $37.00 and gave the company an “equal weight” rating in a report on Wednesday, January 31st. Two investment 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 stock presently has an average rating of “Hold” and an average target price of $34.23.
Shares of CA, Inc. (NASDAQ:CA) opened at $33.50 on Monday. The firm has a market capitalization of $13,946.11, a PE ratio of 33.12, a price-to-earnings-growth ratio of 4.23 and a beta of 0.70. CA, Inc. has a twelve month low of $30.45 and a twelve month high of $36.56. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 0.44.
CA (NASDAQ:CA) last announced its quarterly earnings data on Tuesday, January 30th. The technology company reported $0.75 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.55 by $0.20. The firm had revenue of $1.09 billion during the quarter, compared to analysts’ expectations of $1.07 billion. CA had a return on equity of 16.52% and a net margin of 10.23%. The company’s quarterly revenue was up 8.5% compared to the same quarter last year. During the same period in the previous year, the business posted $0.63 EPS. equities analysts anticipate that CA, Inc. will post 2.37 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 13th. Shareholders of record on Thursday, February 22nd will be issued a dividend of $0.255 per share. The ex-dividend date of this dividend is Wednesday, February 21st. This represents a $1.02 annualized dividend and a yield of 3.04%. CA’s dividend payout ratio is currently 100.99%.
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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