CA Target of Unusually High Options Trading (CA)

CA, Inc. (NASDAQ:CA) was the target of unusually large options trading activity on Tuesday. Stock traders acquired 4,535 call options on the stock. This represents an increase of 1,830% compared to the typical daily volume of 235 call options.

Several research firms have weighed in on CA. Barclays decreased their price target on shares of CA from $36.00 to $34.00 and set an “equal weight” rating on the stock in a research report on Thursday, October 26th. Mizuho restated a “hold” rating and set a $34.00 price objective on shares of CA in a research report on Wednesday, October 25th. BidaskClub upgraded shares of CA from a “sell” rating to a “hold” rating in a research report on Saturday, December 9th. ValuEngine upgraded shares of CA from a “hold” rating to a “buy” rating in a research report on Monday, September 11th. Finally, Credit Suisse Group restated a “neutral” rating and set a $34.00 price objective on shares of CA in a research report on Tuesday, September 5th. Three investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and five have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $33.70.

In other CA news, EVP Lauren Patricia Flaherty sold 24,843 shares of the stock in a transaction that occurred on Wednesday, November 1st. The shares were sold at an average price of $32.59, for a total value of $809,633.37. Following 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 legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.90% of the stock is currently owned by company insiders.

Institutional investors and hedge funds have recently bought and sold shares of the stock. California State Teachers Retirement System grew its stake in CA by 2.1% during the second quarter. California State Teachers Retirement System now owns 610,877 shares of the technology company’s stock valued at $21,057,000 after acquiring an additional 12,408 shares in the last quarter. Sii Investments Inc. WI grew its stake in CA by 1.7% during the second quarter. Sii Investments Inc. WI now owns 8,039 shares of the technology company’s stock valued at $278,000 after acquiring an additional 131 shares in the last quarter. Teachers Advisors LLC grew its stake in CA by 2.4% during the second quarter. Teachers Advisors LLC now owns 1,326,972 shares of the technology company’s stock valued at $45,741,000 after acquiring an additional 31,368 shares in the last quarter. Bank of New York Mellon Corp grew its stake in CA by 11.1% during the second quarter. Bank of New York Mellon Corp now owns 27,003,706 shares of the technology company’s stock valued at $930,816,000 after acquiring an additional 2,691,791 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its stake in CA by 26.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,148 shares of the technology company’s stock valued at $108,000 after acquiring an additional 654 shares in the last quarter. 69.11% of the stock is owned by institutional investors.

CA (CA) opened at $33.71 on Friday. The firm has a market cap of $14,109.08, a price-to-earnings ratio of 15.46, a P/E/G ratio of 4.49 and a beta of 0.74. CA has a 52 week low of $30.45 and a 52 week high of $36.54. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.24 and a current ratio of 1.24.

CA (NASDAQ:CA) last posted its earnings results on Wednesday, October 25th. The technology company reported $0.62 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.62. The company had revenue of $1.03 billion during the quarter, compared to analysts’ expectations of $1.05 billion. CA had a net margin of 17.83% and a return on equity of 15.74%. CA’s quarterly revenue was up 1.6% on a year-over-year basis. During the same period last year, the company posted $0.67 earnings per share. equities analysts predict that CA will post 2.25 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 12th. Investors of record on Thursday, November 30th were paid a dividend of $0.255 per share. The ex-dividend date of this dividend was Wednesday, November 29th. This represents a $1.02 annualized dividend and a yield of 3.03%. CA’s payout ratio is 58.62%.

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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.

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