Great West Life Assurance Co. Can Purchases 50,445 Shares of CA, Inc. (CA)

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Great West Life Assurance Co. Can raised its position in CA, Inc. (NASDAQ:CA) by 17.6% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 337,308 shares of the technology company’s stock after acquiring an additional 50,445 shares during the quarter. Great West Life Assurance Co. Can’s holdings in CA were worth $12,027,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the stock. Janus Henderson Group PLC increased its holdings in shares of CA by 5.5% in the 2nd quarter. Janus Henderson Group PLC now owns 82,835 shares of the technology company’s stock valued at $2,953,000 after acquiring an additional 4,290 shares during the period. Buckingham Capital Management Inc. increased its holdings in shares of CA by 4.5% in the 2nd quarter. Buckingham Capital Management Inc. now owns 29,424 shares of the technology company’s stock valued at $1,049,000 after acquiring an additional 1,272 shares during the period. BlackRock Inc. increased its holdings in shares of CA by 1.7% in the 2nd quarter. BlackRock Inc. now owns 22,578,942 shares of the technology company’s stock valued at $804,940,000 after acquiring an additional 380,919 shares during the period. Chartwell Investment Partners LLC increased its holdings in shares of CA by 39.0% in the 2nd quarter. Chartwell Investment Partners LLC now owns 94,187 shares of the technology company’s stock valued at $3,358,000 after acquiring an additional 26,437 shares during the period. Finally, CIBC Asset Management Inc increased its holdings in shares of CA by 4.7% in the 2nd quarter. CIBC Asset Management Inc now owns 49,516 shares of the technology company’s stock valued at $1,765,000 after acquiring an additional 2,219 shares during the period. Institutional investors own 69.86% of the company’s stock.

Shares of CA opened at $43.88 on Thursday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.21 and a current ratio of 2.21. The firm has a market capitalization of $18.32 billion, a price-to-earnings ratio of 19.21, a PEG ratio of 3.78 and a beta of 0.84. CA, Inc. has a 1 year low of $31.45 and a 1 year high of $44.25.

CA (NASDAQ:CA) last posted its quarterly earnings results on Monday, August 6th. The technology company reported $0.54 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.68 by ($0.14). CA had a return on equity of 15.11% and a net margin of 11.19%. The company had revenue of $938.00 million for the quarter, compared to analyst estimates of $1.05 billion. During the same period last year, the company earned $0.61 earnings per share. The business’s revenue for the quarter was down 8.5% compared to the same quarter last year. equities research analysts expect that CA, Inc. will post 2.58 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 11th. Stockholders of record on Thursday, August 23rd will be paid a dividend of $0.255 per share. The ex-dividend date is Wednesday, August 22nd. This represents a $1.02 dividend on an annualized basis and a dividend yield of 2.32%. CA’s dividend payout ratio (DPR) is presently 43.97%.

In other news, insider Ayman Sayed sold 14,418 shares of the company’s stock in a transaction on Thursday, August 16th. The shares were sold at an average price of $43.56, for a total transaction of $628,048.08. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Over the last ninety days, insiders have sold 81,531 shares of company stock worth $3,543,039. Corporate insiders own 0.87% of the company’s stock.

Several equities analysts have issued reports on the stock. ValuEngine raised shares of CA from a “hold” rating to a “buy” rating in a research note on Thursday, July 12th. Evercore ISI raised shares of CA from an “underperform” rating to an “in-line” rating and set a $44.50 price objective on the stock in a research note on Thursday, July 12th. TheStreet cut shares of CA from an “a-” rating to a “c” rating in a research note on Wednesday, July 11th. Sanford C. Bernstein raised shares of CA from an “underperform” rating to a “market perform” rating and set a $19.00 price objective on the stock in a research note on Thursday, July 12th. Finally, BidaskClub cut shares of CA from a “buy” rating to a “hold” rating in a research note on Tuesday, August 21st. Eleven analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $38.07.

CA Company Profile

CA, Inc, together with its subsidiaries, develops, markets, delivers, and licenses software products and services in the United States and internationally. It operates through three segments: Mainframe Solutions, Enterprise Solutions, and Services. The Mainframe Solutions segment offers solutions for the IBM z Systems platform, which runs various mission critical business applications.

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Institutional Ownership by Quarter for CA (NASDAQ:CA)

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