FDx Advisors Inc. Decreases Position in CA, Inc. (NASDAQ:CA)
FDx Advisors Inc. lowered its stake in shares of CA, Inc. (NASDAQ:CA) by 2.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 106,195 shares of the technology company’s stock after selling 2,706 shares during the quarter. FDx Advisors Inc.’s holdings in CA were worth $3,534,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds also recently added to or reduced their stakes in the company. Bank of New York Mellon Corp raised its stake in shares of CA by 12.0% during the third quarter. Bank of New York Mellon Corp now owns 30,244,351 shares of the technology company’s stock valued at $1,009,556,000 after purchasing an additional 3,240,645 shares in the last quarter. Skandinaviska Enskilda Banken AB publ raised its stake in shares of CA by 541.5% during the third quarter. Skandinaviska Enskilda Banken AB publ now owns 3,150,132 shares of the technology company’s stock valued at $105,151,000 after purchasing an additional 2,659,100 shares in the last quarter. Cornerstone Capital Management Holdings LLC. raised its stake in shares of CA by 1,758.9% during the third quarter. Cornerstone Capital Management Holdings LLC. now owns 1,219,309 shares of the technology company’s stock valued at $40,699,000 after purchasing an additional 1,153,717 shares in the last quarter. Pictet Asset Management Ltd. raised its stake in shares of CA by 182.0% during the third quarter. Pictet Asset Management Ltd. now owns 909,370 shares of the technology company’s stock valued at $30,355,000 after purchasing an additional 586,900 shares in the last quarter. Finally, First Trust Advisors LP grew its holdings in CA by 12.0% during the fourth quarter. First Trust Advisors LP now owns 4,554,082 shares of the technology company’s stock worth $151,560,000 after acquiring an additional 487,482 shares during the period. 68.01% of the stock is owned by institutional investors and hedge funds.
In other news, EVP Jacob Lamm sold 77,610 shares of the company’s stock in a transaction on Friday, March 9th. The stock was sold at an average price of $36.77, for a total transaction of $2,853,719.70. Following the transaction, the executive vice president now owns 71,223 shares of the company’s stock, valued at $2,618,869.71. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Lauren Patricia Flaherty sold 10,793 shares of the stock in a transaction dated Monday, March 12th. The shares were sold at an average price of $36.75, for a total value of $396,642.75. Following the completion of the transaction, the executive vice president now directly owns 71,123 shares in the company, valued at approximately $2,613,770.25. The disclosure for this sale can be found here. Corporate insiders own 0.90% of the company’s stock.
Shares of CA, Inc. (NASDAQ:CA) opened at $35.69 on Friday. The stock has a market capitalization of $14,880.00, a P/E ratio of 20.05, a PEG ratio of 4.59 and a beta of 0.69. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 0.44. CA, Inc. has a 1 year low of $30.45 and a 1 year high of $37.25.
CA (NASDAQ:CA) last released its quarterly earnings data on Tuesday, January 30th. The technology company reported $0.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.55 by $0.20. CA had a return on equity of 16.52% and a net margin of 10.23%. The business had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.07 billion. During the same period in the previous year, the business posted $0.63 earnings per share. CA’s quarterly revenue was up 8.5% on a year-over-year basis. analysts predict that CA, Inc. will post 2.37 EPS for the current year.
The business also recently declared a quarterly dividend, which was paid on Tuesday, March 13th. Shareholders of record on Thursday, February 22nd were given a $0.255 dividend. This represents a $1.02 dividend on an annualized basis and a yield of 2.86%. The ex-dividend date of this dividend was Wednesday, February 21st. CA’s dividend payout ratio (DPR) is 57.30%.
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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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