SkyBridge Capital II LLC Has $11.86 Million Holdings in CA, Inc. (CA)

SkyBridge Capital II LLC cut its holdings in shares of CA, Inc. (NASDAQ:CA) by 17.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 355,311 shares of the technology company’s stock after selling 75,680 shares during the quarter. CA makes up 3.5% of SkyBridge Capital II LLC’s portfolio, making the stock its 13th largest position. SkyBridge Capital II LLC owned about 0.08% of CA worth $11,860,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of CA. California State Teachers Retirement System increased its stake in shares of CA by 2.1% during the 2nd quarter. California State Teachers Retirement System now owns 610,877 shares of the technology company’s stock worth $21,057,000 after purchasing an additional 12,408 shares during the last quarter. Sii Investments Inc. WI increased its stake in shares of CA by 1.7% during the 2nd quarter. Sii Investments Inc. WI now owns 8,039 shares of the technology company’s stock worth $278,000 after purchasing an additional 131 shares during the last quarter. Teachers Advisors LLC increased its stake in shares of CA by 2.4% during the 2nd quarter. Teachers Advisors LLC now owns 1,326,972 shares of the technology company’s stock worth $45,741,000 after purchasing an additional 31,368 shares during the last quarter. Bank of New York Mellon Corp increased its stake in shares of CA by 11.1% during 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 last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its stake in shares of CA by 26.2% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,148 shares of the technology company’s stock worth $108,000 after purchasing an additional 654 shares during the last quarter. 69.11% of the stock is currently owned by hedge funds and other institutional investors.

CA, Inc. (CA) opened at $33.22 on Wednesday. CA, Inc. has a 52 week low of $30.45 and a 52 week high of $36.54. The company has a market cap of $13,891.46, a PE ratio of 15.23, a P/E/G ratio of 4.43 and a beta of 0.74. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 0.42.

CA (NASDAQ:CA) last announced its quarterly earnings results on Wednesday, October 25th. The technology company reported $0.62 EPS for the quarter, meeting the Zacks’ 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 analyst estimates of $1.05 billion. During the same quarter in the prior year, the business earned $0.67 EPS. CA’s quarterly revenue was up 1.6% on a year-over-year basis. equities analysts forecast that CA, Inc. will post 2.25 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 12th. Investors of record on Thursday, November 30th will be paid a $0.255 dividend. The ex-dividend date of this dividend is Wednesday, November 29th. This represents a $1.02 dividend on an annualized basis and a yield of 3.07%. CA’s dividend payout ratio (DPR) is currently 58.62%.

Several research analysts have recently weighed in on CA shares. Barclays restated an “equal weight” rating and set a $36.00 price objective (up from $35.00) on shares of CA in a research note on Wednesday, August 9th. BidaskClub upgraded shares of CA from a “strong sell” rating to a “sell” rating in a research note on Wednesday, August 9th. Royal Bank Of Canada restated a “hold” rating and set a $32.00 price objective on shares of CA in a research note on Monday, August 21st. Credit Suisse Group restated a “neutral” rating and set a $34.00 price objective on shares of CA in a research note on Tuesday, September 5th. Finally, ValuEngine upgraded shares of CA from a “hold” rating to a “buy” rating in a research note on Monday, September 11th. Four investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and five have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $33.70.

In related news, 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 value of $2,377,824.30. Following the transaction, the insider now owns 285,652 shares in the company, valued at approximately $9,535,063.76. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP Jacob Lamm sold 16,349 shares of the business’s stock in a transaction dated Monday, September 11th. The shares were sold at an average price of $33.45, for a total transaction of $546,874.05. Following the completion of the sale, the executive vice president now directly owns 45,483 shares of the company’s stock, valued at approximately $1,521,406.35. The disclosure for this sale can be found here. In the last quarter, insiders sold 112,427 shares of company stock worth $3,734,332. 0.90% of the stock is owned by company insiders.

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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.

Institutional Ownership by Quarter for CA (NASDAQ:CA)

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