Security National Bank of SO Dak Increases Stake in CA Inc. (CA)

Security National Bank of SO Dak grew its position in CA Inc. (NASDAQ:CA) by 1.9% in the second quarter, according to its most recent filing with the SEC. The fund owned 23,012 shares of the technology company’s stock after acquiring an additional 420 shares during the period. Security National Bank of SO Dak’s holdings in CA were worth $793,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently made changes to their positions in CA. Cleararc Capital Inc. raised its position in CA by 0.4% during the 1st quarter. Cleararc Capital Inc. now owns 7,648 shares of the technology company’s stock worth $243,000 after purchasing an additional 32 shares during the last quarter. Hefty Wealth Partners raised its position in CA by 0.6% during the 2nd quarter. Hefty Wealth Partners now owns 5,316 shares of the technology company’s stock worth $183,000 after purchasing an additional 32 shares during the last quarter. Advisor Partners LLC raised its position in CA by 0.9% during the 2nd quarter. Advisor Partners LLC now owns 7,353 shares of the technology company’s stock worth $253,000 after purchasing an additional 64 shares during the last quarter. U S Global Investors Inc raised its position in CA by 0.6% during the 1st quarter. U S Global Investors Inc now owns 15,500 shares of the technology company’s stock worth $492,000 after purchasing an additional 100 shares during the last quarter. Finally, Louisiana State Employees Retirement System raised its position in CA by 0.5% during the 2nd quarter. Louisiana State Employees Retirement System now owns 19,400 shares of the technology company’s stock worth $669,000 after purchasing an additional 100 shares during the last quarter. Institutional investors own 67.51% of the company’s stock.

CA has been the subject of several analyst reports. Citigroup Inc. raised their target price on CA from $34.00 to $36.00 and gave the stock a “neutral” rating in a research report on Wednesday, June 28th. BidaskClub lowered CA from a “hold” rating to a “sell” rating in a research report on Saturday, July 1st. Jefferies Group LLC reaffirmed a “buy” rating and set a $38.00 target price on shares of CA in a research report on Wednesday, June 21st. Royal Bank Of Canada reaffirmed a “hold” rating and set a $32.00 target price on shares of CA in a research report on Monday, August 21st. Finally, Zacks Investment Research lowered CA from a “buy” rating to a “hold” rating in a research report on Monday, July 17th. Four equities 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 stock. The company presently has an average rating of “Hold” and a consensus price target of $34.88.

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CA Inc. (CA) traded down 0.21% on Tuesday, hitting $33.50. The stock had a trading volume of 490,513 shares. The stock’s 50-day moving average is $33.08 and its 200-day moving average is $32.72. CA Inc. has a 52-week low of $30.01 and a 52-week high of $36.54. The company has a market cap of $14.11 billion, a P/E ratio of 18.61 and a beta of 0.83.

CA (NASDAQ:CA) last issued its quarterly earnings data on Wednesday, August 2nd. The technology company reported $0.61 EPS for the quarter, beating the 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 net margin of 18.59% and a return on equity of 16.54%. The company’s quarterly revenue was up 2.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.64 earnings per share. Analysts expect that CA Inc. will post $2.46 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 12th. Stockholders of record on Thursday, August 24th were paid a dividend of $0.255 per share. This represents a $1.02 annualized dividend and a dividend yield of 3.04%. The ex-dividend date was Tuesday, August 22nd. CA’s dividend payout ratio (DPR) is 56.67%.

In related news, insider Adam Elster sold 166,621 shares of the 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 completion of the transaction, the insider now directly owns 251,356 shares of the company’s stock, valued at $8,108,744.56. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 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 completion of the transaction, the executive vice president now directly owns 45,483 shares of the company’s stock, valued at $1,521,406.35. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 286,056 shares of company stock valued at $9,330,507. Insiders own 0.90% of the company’s stock.

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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