CA (NASDAQ:CA) was upgraded by equities researchers at BidaskClub from a “strong sell” rating to a “sell” rating in a report issued on Saturday.

Several other brokerages have also recently weighed in on CA. ValuEngine upgraded shares of CA from a “hold” rating to a “buy” rating in a research note on Monday, September 11th. Zacks Investment Research upgraded shares of CA from a “hold” rating to a “buy” rating and set a $37.00 price target on the stock in a research note on Monday, October 30th. Barclays dropped their price target on shares of CA from $36.00 to $34.00 and set an “equal weight” rating on the stock in a research note on Thursday, October 26th. KeyCorp reiterated a “sector weight” rating on shares of CA in a research note on Sunday, September 17th. Finally, Royal Bank Of Canada reiterated a “hold” rating and set a $32.00 price target on shares of CA in a research note on Monday, August 21st. Four research analysts have rated the stock with a sell rating, ten have issued a hold rating and five have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $33.70.

CA (NASDAQ CA) traded up $0.12 during trading hours on Friday, reaching $33.19. 1,581,319 shares of the company’s stock were exchanged, compared to its average volume of 1,670,131. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.24 and a current ratio of 1.24. CA has a fifty-two week low of $30.01 and a fifty-two week high of $36.54. The company has a market cap of $13,841.23, a P/E ratio of 15.17, a PEG ratio of 4.41 and a beta of 0.74.

CA (NASDAQ:CA) last posted its earnings results on Wednesday, October 25th. The technology company reported $0.62 EPS for the quarter, hitting analysts’ consensus estimates of $0.62. CA had a net margin of 17.83% and a return on equity of 15.74%. The business had revenue of $1.03 billion during the quarter, compared to the consensus estimate of $1.05 billion. During the same quarter in the previous year, the firm posted $0.67 EPS. The firm’s revenue was up 1.6% on a year-over-year basis. equities analysts predict that CA will post 2.25 earnings per share for the current year.

In other CA news, EVP Jacob Lamm sold 16,349 shares of the business’s stock in a transaction on Monday, September 11th. The shares were sold at an average price of $33.45, for a total value of $546,874.05. Following the sale, the executive vice president now owns 45,483 shares in the company, valued at approximately $1,521,406.35. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Michael P. Gregoire sold 71,235 shares of the business’s stock in a transaction on Monday, September 11th. The stock was sold at an average price of $33.38, for a total transaction of $2,377,824.30. Following the completion of the sale, the insider now owns 285,652 shares in the company, valued at approximately $9,535,063.76. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 112,427 shares of company stock worth $3,734,332. 0.90% of the stock is owned by corporate insiders.

Hedge funds have recently made changes to their positions in the business. California State Teachers Retirement System lifted its stake in CA by 2.1% in the 2nd quarter. California State Teachers Retirement System now owns 610,877 shares of the technology company’s stock worth $21,057,000 after purchasing an additional 12,408 shares in the last quarter. Sii Investments Inc. WI lifted its stake in CA by 1.7% in the 2nd quarter. Sii Investments Inc. WI now owns 8,039 shares of the technology company’s stock worth $278,000 after purchasing an additional 131 shares in the last quarter. Teachers Advisors LLC increased its holdings in shares of CA by 2.4% in the 2nd quarter. Teachers Advisors LLC now owns 1,326,972 shares of the technology company’s stock worth $45,741,000 after buying an additional 31,368 shares during the last quarter. Bank of New York Mellon Corp increased its holdings in shares of CA by 11.1% in the 2nd quarter. Bank of New York Mellon Corp now owns 27,003,706 shares of the technology company’s stock worth $930,816,000 after buying an additional 2,691,791 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in shares of CA by 26.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,148 shares of the technology company’s stock worth $108,000 after buying an additional 654 shares during the last quarter. Institutional investors and hedge funds own 69.11% of the company’s stock.

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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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