CA Inc. (NASDAQ:CA)‘s stock had its “hold” rating reissued by stock analysts at Mizuho in a report released on Friday. They presently have a $34.00 price target on the technology company’s stock. Mizuho’s price objective would indicate a potential upside of 9.89% from the stock’s current price.

A number of other equities research analysts have also recently commented on CA. Citigroup Inc. reissued a “neutral” rating and issued a $34.00 price objective (up previously from $33.00) on shares of CA in a research note on Sunday, May 14th. Zacks Investment Research raised CA from a “sell” rating to a “hold” rating and set a $38.00 price objective for the company in a research note on Tuesday, July 11th. Jefferies Group LLC reissued a “buy” rating and issued a $38.00 price objective on shares of CA in a research note on Sunday, May 14th. Raymond James Financial, Inc. raised CA from a “market perform” rating to an “outperform” rating and set a $42.00 price objective for the company in a research note on Monday, May 8th. Finally, Piper Jaffray Companies raised their price objective on CA from $42.00 to $45.00 and gave the company an “overweight” rating in a research note on Monday, April 17th. Four investment analysts have rated the stock with a sell rating, nine have given a hold rating and five have issued a buy rating to the company. CA has a consensus rating of “Hold” and a consensus price target of $35.02.

Shares of CA (NASDAQ CA) traded down 0.51% during trading on Friday, hitting $30.94. The company had a trading volume of 5,179,818 shares. The stock has a market capitalization of $12.93 billion, a price-to-earnings ratio of 16.72 and a beta of 0.87. The stock has a 50-day moving average of $33.77 and a 200 day moving average of $32.51. CA has a 12-month low of $30.01 and a 12-month high of $36.54.

CA (NASDAQ:CA) last released its earnings results on Thursday, May 11th. The technology company reported $0.54 EPS for the quarter, topping the 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 business had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $996.59 million. During the same quarter last year, the firm posted $0.60 earnings per share. The firm’s revenue was up .3% on a year-over-year basis. On average, analysts predict that CA will post $2.38 EPS for the current fiscal year.

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In related news, insider Ayman Sayed sold 30,194 shares of CA stock in a transaction that occurred on Wednesday, June 21st. The stock was sold at an average price of $35.62, for a total transaction of $1,075,510.28. Following the transaction, the insider now owns 168,455 shares of the company’s stock, valued at $6,000,367.10. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.90% of the stock is owned by insiders.

Hedge funds have recently modified their holdings of the company. ING Groep raised its stake in shares of CA by 278.8% in the third quarter. ING Groep now owns 1,861,050 shares of the technology company’s stock worth $50,788,000 after buying an additional 1,369,764 shares during the period. TrimTabs Asset Management acquired a new stake in shares of CA during the third quarter worth approximately $2,132,000. Park National acquired a new stake in shares of CA during the fourth quarter worth approximately $267,000. EisnerAmper Wealth Management raised its stake in shares of CA by 16.5% in the fourth quarter. EisnerAmper Wealth Management now owns 21,989 shares of the technology company’s stock worth $628,000 after buying an additional 3,114 shares during the period. Finally, Janus Capital Management raised its stake in shares of CA by 84.4% in the third quarter. Janus Capital Management now owns 977,035 shares of the technology company’s stock valued at $26,673,000 after buying an additional 447,231 shares during the last quarter. Institutional investors and hedge funds own 70.74% of the company’s stock.

About CA

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.

Analyst Recommendations for CA (NASDAQ:CA)

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