Sei Investments Co. Lowers Position in CA Inc. (CA)

Sei Investments Co. lowered its stake in CA Inc. (NASDAQ:CA) by 7.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 358,835 shares of the technology company’s stock after selling 30,036 shares during the period. Sei Investments Co. owned approximately 0.09% of CA worth $12,369,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of the company. Cleararc Capital Inc. increased its stake in shares of CA by 0.4% in the first quarter. Cleararc Capital Inc. now owns 7,648 shares of the technology company’s stock valued at $243,000 after buying an additional 32 shares in the last quarter. Hefty Wealth Partners increased its stake in shares of CA by 0.6% in the second quarter. Hefty Wealth Partners now owns 5,316 shares of the technology company’s stock valued at $183,000 after buying an additional 32 shares in the last quarter. Alpha Windward LLC increased its stake in shares of CA by 0.7% in the first quarter. Alpha Windward LLC now owns 9,280 shares of the technology company’s stock valued at $294,000 after buying an additional 61 shares in the last quarter. U S Global Investors Inc increased its stake in shares of CA by 0.6% in the first quarter. U S Global Investors Inc now owns 15,500 shares of the technology company’s stock valued at $492,000 after buying an additional 100 shares in the last quarter. Finally, Louisiana State Employees Retirement System increased its stake in shares of CA by 0.5% in the second quarter. Louisiana State Employees Retirement System now owns 19,400 shares of the technology company’s stock valued at $669,000 after buying an additional 100 shares in the last quarter. 71.09% of the stock is currently owned by hedge funds and other institutional investors.

Shares of CA Inc. (CA) traded down 0.03% on Friday, reaching $32.37. 2,864,650 shares of the company’s stock were exchanged. The company has a market cap of $13.64 billion, a price-to-earnings ratio of 17.98 and a beta of 0.86. CA Inc. has a 12 month low of $30.01 and a 12 month high of $36.54. The firm’s 50-day moving average price is $33.21 and its 200 day moving average price is $32.45.

CA (NASDAQ:CA) last posted its quarterly earnings data on Wednesday, August 2nd. The technology company reported $0.61 earnings per share (EPS) for the quarter, beating the Zacks’ 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 business’s revenue for the quarter was up 2.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.64 EPS. Equities research analysts predict that CA Inc. will post $2.46 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 12th. Shareholders of record on Thursday, August 24th will be issued a $0.255 dividend. This represents a $1.02 dividend on an annualized basis and a yield of 3.15%. The ex-dividend date is Tuesday, August 22nd. CA’s dividend payout ratio is currently 56.67%.

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CA has been the topic of several research analyst reports. Jefferies Group LLC reaffirmed a “buy” rating and issued a $38.00 price target on shares of CA in a research report on Friday, April 28th. Barclays PLC reaffirmed an “equal weight” rating and issued a $36.00 price target (up from $35.00) on shares of CA in a research report on Thursday, August 3rd. Zacks Investment Research upgraded shares of CA from a “sell” rating to a “hold” rating and set a $38.00 target price for the company in a research note on Tuesday, July 11th. Mizuho reiterated a “hold” rating and issued a $34.00 target price on shares of CA in a research note on Friday, July 28th. Finally, Oppenheimer Holdings, Inc. reiterated a “market perform” rating on shares of CA in a research note on Friday, May 12th. Four analysts have rated the stock with a sell rating, nine have given a hold rating and five have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $35.09.

In other news, insider Ayman Sayed sold 18,694 shares of the company’s stock in a transaction that occurred on Monday, August 14th. The shares were sold at an average price of $32.47, for a total transaction of $606,994.18. Following the completion of the sale, the insider now owns 120,196 shares of the company’s stock, valued at approximately $3,902,764.12. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Adam Elster sold 166,621 shares of the company’s stock in a transaction that occurred on Monday, August 7th. The stock was sold at an average price of $32.26, for a total transaction of $5,375,193.46. Following the sale, the insider now directly owns 251,356 shares of the company’s stock, valued at approximately $8,108,744.56. The disclosure for this sale can be found here. Insiders sold a total of 228,666 shares of company stock valued at $7,481,319 in the last three months. 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.

Institutional Ownership by Quarter for CA (NASDAQ:CA)

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