270,775 Shares in CA, Inc. (CA) Purchased by Gamco Investors INC. ET AL

Gamco Investors INC. ET AL bought a new position in shares of CA, Inc. (NASDAQ:CA) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 270,775 shares of the technology company’s stock, valued at approximately $11,955,000. Gamco Investors INC. ET AL owned 0.06% of CA as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently added to or reduced their stakes in CA. BDO Wealth Advisors LLC purchased a new stake in shares of CA during the second quarter worth approximately $100,000. First Mercantile Trust Co. purchased a new stake in shares of CA during the second quarter worth approximately $113,000. Bbva Compass Bancshares Inc. purchased a new stake in shares of CA during the third quarter worth approximately $151,000. Captrust Financial Advisors increased its stake in shares of CA by 53.5% during the second quarter. Captrust Financial Advisors now owns 4,458 shares of the technology company’s stock worth $159,000 after buying an additional 1,553 shares during the period. Finally, Stratos Wealth Partners LTD. purchased a new stake in shares of CA during the third quarter worth approximately $206,000. Hedge funds and other institutional investors own 69.66% of the company’s stock.

Several brokerages have commented on CA. BidaskClub lowered shares of CA from a “strong-buy” rating to a “buy” rating in a research note on Friday, November 2nd. Zacks Investment Research upgraded shares of CA from a “hold” rating to a “buy” rating and set a $49.00 price target on the stock in a research note on Thursday, August 9th. Argus lowered shares of CA from a “buy” rating to a “hold” rating in a research note on Tuesday, July 24th. Jefferies Financial Group lowered shares of CA from a “buy” rating to a “hold” rating and set a $38.00 price target on the stock. in a research note on Tuesday, July 17th. Finally, Royal Bank of Canada reiterated a “hold” rating and issued a $44.50 price target on shares of CA in a research note on Friday, July 13th. Ten research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. CA has an average rating of “Hold” and an average price target of $38.52.

In other news, insider Ayman Sayed sold 34,562 shares of the stock in a transaction that occurred on Monday, August 13th. The stock was sold at an average price of $43.34, for a total value of $1,497,917.08. Following the completion of the sale, the insider now directly owns 89,514 shares of the company’s stock, valued at $3,879,536.76. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.87% of the stock is currently owned by corporate insiders.

CA stock opened at $44.44 on Friday. The company has a market capitalization of $18.58 billion, a PE ratio of 19.16, a PEG ratio of 3.84 and a beta of 0.73. CA, Inc. has a twelve month low of $31.97 and a twelve month high of $44.47. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.21 and a quick ratio of 2.21.

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About CA

CA, Inc, doing business as CA technologies, develops, markets, delivers, and licenses software products and services in the United States and internationally. It operates through three segments: Mainframe Solutions, Enterprise Solutions, and Services. The Mainframe Solutions segment offers solutions for the IBM z Systems platform, which runs various mission critical business applications.

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Institutional Ownership by Quarter for CA (NASDAQ:CA)

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