Rhumbline Advisers increased its stake in shares of CA, Inc. (NASDAQ:CA) by 0.3% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 719,401 shares of the technology company’s stock after acquiring an additional 2,485 shares during the period. Rhumbline Advisers’ holdings in CA were worth $23,942,000 at the end of the most recent reporting period.
A number of other institutional investors also recently added to or reduced their stakes in CA. Fieldpoint Private Securities LLC acquired a new position in CA during the 3rd quarter worth approximately $101,000. Ffcm LLC lifted its position in CA by 1,808.7% during the 4th quarter. Ffcm LLC now owns 3,073 shares of the technology company’s stock worth $103,000 after acquiring an additional 2,912 shares in the last quarter. Ladenburg Thalmann Financial Services Inc. lifted its position in CA by 56.3% during the 3rd quarter. Ladenburg Thalmann Financial Services Inc. now owns 6,270 shares of the technology company’s stock worth $210,000 after acquiring an additional 2,259 shares in the last quarter. Capital One National Association acquired a new position in CA during the 4th quarter worth approximately $219,000. Finally, Magnetar Financial LLC acquired a new position in CA during the 3rd quarter worth approximately $231,000. 68.89% of the stock is currently owned by hedge funds and other institutional investors.
CA, Inc. (CA) opened at $34.85 on Friday. CA, Inc. has a 52-week low of $30.45 and a 52-week high of $36.56. The stock has a market capitalization of $14,463.10, a P/E ratio of 15.15, a price-to-earnings-growth ratio of 4.39 and a beta of 0.70. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.24 and a quick ratio of 1.24.
The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 13th. Stockholders of record on Thursday, February 22nd will be issued a $0.255 dividend. The ex-dividend date is Wednesday, February 21st. This represents a $1.02 dividend on an annualized basis and a dividend yield of 2.93%. CA’s dividend payout ratio (DPR) is 100.99%.
CA has been the topic of several recent research reports. Zacks Investment Research raised CA from a “hold” rating to a “buy” rating and set a $37.00 price target on the stock in a research report on Monday, October 30th. Barclays reduced their price target on CA from $36.00 to $34.00 and set an “equal weight” rating on the stock in a research report on Thursday, October 26th. BidaskClub lowered CA from a “sell” rating to a “strong sell” rating in a research report on Thursday, November 9th. Jefferies Group reissued a “buy” rating and set a $41.00 price target on shares of CA in a research report on Wednesday, January 31st. Finally, Credit Suisse Group upped their target price on CA from $34.00 to $36.00 and gave the company a “neutral” rating in a research report on Wednesday, January 31st. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating and seven have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $34.23.
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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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