Macquarie Group Ltd. boosted its position in shares of CA, Inc. (NASDAQ:CA) by 4.6% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 23,245,474 shares of the company’s stock after buying an additional 1,029,064 shares during the period. CA makes up approximately 1.4% of Macquarie Group Ltd.’s portfolio, making the stock its 26th largest position. Macquarie Group Ltd. owned approximately 0.06% of CA worth $738,510,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently modified their holdings of CA. Ropes Wealth Advisors LLC boosted its stake in shares of CA by 0.5% in the third quarter. Ropes Wealth Advisors LLC now owns 22,080 shares of the company’s stock worth $730,000 after buying an additional 120 shares during the period. Tdam USA Inc. boosted its stake in shares of CA by 2.4% in the third quarter. Tdam USA Inc. now owns 6,595 shares of the company’s stock worth $218,000 after buying an additional 156 shares during the period. Argent Trust Co boosted its stake in shares of CA by 2.8% in the third quarter. Argent Trust Co now owns 7,023 shares of the company’s stock worth $232,000 after buying an additional 191 shares during the period. Todd Asset Management LLC boosted its stake in shares of CA by 0.7% in the third quarter. Todd Asset Management LLC now owns 63,016 shares of the company’s stock worth $2,085,000 after buying an additional 409 shares during the period. Finally, Boston Private Wealth LLC boosted its stake in shares of CA by 0.9% in the third quarter. Boston Private Wealth LLC now owns 51,127 shares of the company’s stock worth $1,691,000 after buying an additional 438 shares during the period. 68.63% of the stock is currently owned by hedge funds and other institutional investors.
Shares of CA, Inc. (NASDAQ:CA) traded down 0.19% during trading on Friday, hitting $31.72. The stock had a trading volume of 1,636,758 shares. CA, Inc. has a 12 month low of $29.12 and a 12 month high of $34.99. The company has a market cap of $13.26 billion, a PE ratio of 16.82 and a beta of 0.92. The stock has a 50 day moving average of $32.16 and a 200 day moving average of $32.10.
CA (NASDAQ:CA) last issued its quarterly earnings data on Tuesday, January 24th. The company reported $0.63 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.61 by $0.02. CA had a return on equity of 17.98% and a net margin of 19.64%. The company earned $1.01 billion during the quarter, compared to analyst estimates of $1.01 billion. During the same quarter in the previous year, the company posted $0.63 earnings per share. CA’s revenue was down 2.6% compared to the same quarter last year. Equities analysts forecast that CA, Inc. will post $2.44 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 14th. Investors of record on Thursday, February 16th were issued a $0.255 dividend. This represents a $1.02 annualized dividend and a dividend yield of 3.22%. The ex-dividend date of this dividend was Tuesday, February 14th. CA’s payout ratio is currently 53.97%.
A number of analysts recently issued reports on CA shares. Hovde Group reissued an “outperform” rating and set a $39.00 price objective (up previously from $37.00) on shares of CA in a report on Sunday, January 29th. Zacks Investment Research raised CA from a “hold” rating to a “buy” rating and set a $36.00 price objective on the stock in a report on Tuesday, December 27th. Jefferies Group LLC reissued a “buy” rating and set a $38.00 price objective on shares of CA in a report on Wednesday, January 18th. FIG Partners cut CA to a “market perform” rating and increased their price objective for the stock from $35.00 to $40.00 in a report on Tuesday, January 31st. Finally, Evercore ISI cut CA from a “hold” rating to an “underperform” rating in a report on Friday, March 3rd. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and four have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $36.18.
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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