Caxton Associates LP Purchases Shares of 18,700 CA Inc. (CA)

Caxton Associates LP purchased a new position in CA Inc. (NASDAQ:CA) during the first quarter, Holdings Channel reports. The fund purchased 18,700 shares of the technology company’s stock, valued at approximately $593,000.

Several other institutional investors have also added to or reduced their stakes in the company. BlackRock Inc. boosted its position in CA by 2,711.1% in the first quarter. BlackRock Inc. now owns 20,716,899 shares of the technology company’s stock worth $657,139,000 after buying an additional 19,979,935 shares in the last quarter. Vanguard Group Inc. boosted its position in CA by 27.8% in the first quarter. Vanguard Group Inc. now owns 26,311,643 shares of the technology company’s stock worth $834,606,000 after buying an additional 5,729,276 shares in the last quarter. Norges Bank acquired a new position in CA during the fourth quarter worth $105,650,000. Macquarie Group Ltd. boosted its position in CA by 4.6% in the fourth quarter. Macquarie Group Ltd. now owns 23,245,474 shares of the technology company’s stock worth $738,510,000 after buying an additional 1,029,064 shares in the last quarter. Finally, FIL Ltd boosted its position in CA by 13.1% in the first quarter. FIL Ltd now owns 8,352,008 shares of the technology company’s stock worth $264,926,000 after buying an additional 964,522 shares in the last quarter. Institutional investors and hedge funds own 71.69% of the company’s stock.

CA Inc. (NASDAQ:CA) traded up 0.17% during midday trading on Monday, reaching $35.04. The company’s stock had a trading volume of 466,004 shares. CA Inc. has a 1-year low of $30.01 and a 1-year high of $35.27. The company has a market capitalization of $14.64 billion, a P/E ratio of 18.94 and a beta of 0.92. The company has a 50 day moving average of $31.93 and a 200-day moving average of $32.09.

CA (NASDAQ:CA) last issued its earnings results on Thursday, May 11th. The technology company reported $0.54 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.49 by $0.05. CA had a return on equity of 17.15% and a net margin of 19.20%. The company had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $996.59 million. During the same quarter in the prior year, the business earned $0.60 earnings per share. The company’s revenue was up .3% compared to the same quarter last year. Equities research analysts anticipate that CA Inc. will post $2.39 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 13th. Stockholders of record on Thursday, May 25th were given a $0.255 dividend. This represents a $1.02 annualized dividend and a dividend yield of 2.92%. The ex-dividend date of this dividend was Tuesday, May 23rd. CA’s payout ratio is 55.14%.

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A number of equities analysts recently commented on the company. Jefferies Group LLC restated a “buy” rating and set a $38.00 target price on shares of CA in a report on Thursday, June 1st. DA Davidson restated a “neutral” rating and set a $12.00 target price on shares of CA in a report on Friday, May 19th. FIG Partners upgraded CA to an “outperform” rating and raised their target price for the company from $40.00 to $42.25 in a report on Wednesday, May 3rd. Oppenheimer Holdings, Inc. restated a “market perform” rating on shares of CA in a report on Friday, May 12th. Finally, Zacks Investment Research cut CA from a “hold” rating to a “sell” rating in a report on Tuesday, May 16th. Three analysts have rated the stock with a sell rating, eight have issued a hold rating and five have issued a buy rating to the company. CA currently has an average rating of “Hold” and an average price target of $35.25.

In other news, insider Ayman Sayed sold 30,194 shares of the company’s stock in a transaction dated Wednesday, June 21st. The stock was sold at an average price of $35.62, for a total value of $1,075,510.28. Following the completion of the sale, the insider now owns 168,455 shares of the company’s stock, valued at $6,000,367.10. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.90% of the stock is owned by corporate insiders.

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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Institutional Ownership by Quarter for CA (NASDAQ:CA)

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