Dimensional Fund Advisors LP Has $178.61 Million Position in CA Inc. (CA)

Dimensional Fund Advisors LP increased its position in CA Inc. (NASDAQ:CA) by 5.2% during the first quarter, Holdings Channel reports. The institutional investor owned 5,630,850 shares of the technology company’s stock after buying an additional 280,330 shares during the period. Dimensional Fund Advisors LP’s holdings in CA were worth $178,610,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the company. Parallel Advisors LLC boosted its stake in CA by 3.4% in the first quarter. Parallel Advisors LLC now owns 3,245 shares of the technology company’s stock worth $106,000 after buying an additional 107 shares in the last quarter. Acrospire Investment Management LLC boosted its stake in CA by 280.0% in the first quarter. Acrospire Investment Management LLC now owns 3,800 shares of the technology company’s stock worth $121,000 after buying an additional 2,800 shares in the last quarter. Hefty Wealth Partners boosted its stake in CA by 5,080.4% in the first quarter. Hefty Wealth Partners now owns 5,284 shares of the technology company’s stock valued at $167,000 after buying an additional 5,182 shares during the period. Tompkins Financial Corp boosted its stake in CA by 294.7% in the first quarter. Tompkins Financial Corp now owns 5,387 shares of the technology company’s stock valued at $165,000 after buying an additional 4,022 shares during the period. Finally, Penserra Capital Management LLC boosted its stake in CA by 9.5% in the first quarter. Penserra Capital Management LLC now owns 5,658 shares of the technology company’s stock valued at $179,000 after buying an additional 492 shares during the period. Hedge funds and other institutional investors own 71.69% of the company’s stock.

Institutional Ownership by Quarter for CA (NASDAQ:CA)

CA Inc. (NASDAQ CA) traded up 0.85% during trading on Monday, reaching $31.94. The company had a trading volume of 932,573 shares. The stock has a 50 day moving average of $31.99 and a 200-day moving average of $32.08. The company has a market capitalization of $13.34 billion, a P/E ratio of 17.26 and a beta of 0.92. CA Inc. has a 12 month low of $30.01 and a 12 month high of $34.99.

CA (NASDAQ:CA) last issued its quarterly earnings data on Thursday, May 11th. The technology company reported $0.54 EPS for the quarter, beating the Zacks’ consensus estimate of $0.49 by $0.05. The business had revenue of $1.01 billion for the quarter, compared to analyst estimates of $996.59 million. CA had a return on equity of 17.15% and a net margin of 19.20%. The firm’s revenue for the quarter was up .3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.60 EPS. Equities research analysts expect that CA Inc. will post $2.39 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 13th. Stockholders of record on Thursday, May 25th were issued a dividend of $0.255 per share. This represents a $1.02 dividend on an annualized basis and a dividend yield of 3.22%. The ex-dividend date of this dividend was Tuesday, May 23rd. CA’s dividend payout ratio is 55.14%.

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Several analysts have commented on the company. Piper Jaffray Companies lifted their price target on CA from $42.00 to $45.00 and gave the company an “overweight” rating in a report on Monday, April 17th. Raymond James Financial, Inc. upgraded CA from a “market perform” rating to an “outperform” rating and set a $42.00 price target for the company in a report on Monday, May 8th. Jefferies Group LLC restated a “buy” rating and issued a $38.00 price target on shares of CA in a report on Thursday, June 1st. Citigroup Inc. restated a “neutral” rating and issued a $34.00 price target (up previously from $33.00) on shares of CA in a report on Sunday, May 14th. Finally, Zacks Investment Research cut CA from a “hold” rating to a “sell” rating in a report on Tuesday, May 16th. Three research analysts have rated the stock with a sell rating, seven have given a hold rating and six have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $35.25.

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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “NASDAQ:CA”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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