CA Inc. (NASDAQ:CA) EVP Lauren Patricia Flaherty sold 24,843 shares of the firm’s stock in a transaction dated Wednesday, November 1st. The shares were sold at an average price of $32.59, for a total transaction of $809,633.37. Following the completion of the transaction, the executive vice president now directly owns 82,000 shares in the company, valued at $2,672,380. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
CA Inc. (NASDAQ:CA) traded up $0.24 during trading hours on Friday, reaching $32.65. 2,350,000 shares of the company traded hands, compared to its average volume of 1,810,000. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 0.42. CA Inc. has a twelve month low of $30.01 and a twelve month high of $36.54. The firm has a market cap of $13,670.00, a P/E ratio of 14.87, a PEG ratio of 4.32 and a beta of 0.74.
CA (NASDAQ:CA) last posted its earnings results on Wednesday, October 25th. The technology company reported $0.62 EPS for the quarter, hitting the consensus estimate of $0.62. CA had a net margin of 17.83% and a return on equity of 15.74%. The business had revenue of $1.03 billion for the quarter, compared to the consensus estimate of $1.05 billion. During the same period last year, the company earned $0.67 EPS. The firm’s revenue was up 1.6% compared to the same quarter last year. equities analysts predict that CA Inc. will post 2.25 earnings per share for the current fiscal year.
Several equities research analysts recently issued reports on CA shares. BidaskClub raised shares of CA from a “strong sell” rating to a “sell” rating in a report on Thursday, September 28th. ValuEngine raised shares of CA from a “hold” rating to a “buy” rating in a report on Monday, September 11th. Zacks Investment Research raised shares of CA from a “sell” rating to a “hold” rating and set a $38.00 price target on the stock in a report on Tuesday, July 11th. KeyCorp reaffirmed a “sector weight” rating on shares of CA in a report on Sunday, September 17th. Finally, Barclays PLC reaffirmed an “equal weight” rating and set a $36.00 price target (up from $35.00) on shares of CA in a report on Thursday, August 3rd. Four analysts have rated the stock with a sell rating, ten have given a hold rating and six have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $34.68.
Several hedge funds and other institutional investors have recently modified their holdings of CA. Vanguard Group Inc. lifted its position in shares of CA by 22.3% in the 2nd quarter. Vanguard Group Inc. now owns 32,166,860 shares of the technology company’s stock worth $1,108,792,000 after purchasing an additional 5,855,217 shares during the period. Bank of New York Mellon Corp lifted its position in shares of CA by 11.1% in the 2nd quarter. Bank of New York Mellon Corp now owns 27,003,706 shares of the technology company’s stock worth $930,816,000 after purchasing an additional 2,691,791 shares during the period. Assenagon Asset Management S.A. acquired a new position in shares of CA in the 3rd quarter worth approximately $22,192,000. First Trust Advisors LP lifted its position in shares of CA by 15.7% in the 2nd quarter. First Trust Advisors LP now owns 4,441,835 shares of the technology company’s stock worth $153,110,000 after purchasing an additional 604,026 shares during the period. Finally, Pictet Asset Management Ltd. lifted its position in shares of CA by 182.0% in the 3rd quarter. Pictet Asset Management Ltd. now owns 909,370 shares of the technology company’s stock worth $30,355,000 after purchasing an additional 586,900 shares during the period. Hedge funds and other institutional investors own 66.96% of the company’s stock.
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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