Mirae Asset Global Investments Co. Ltd. grew its holdings in CA, Inc. (NASDAQ:CA) by 86.4% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 92,815 shares of the technology company’s stock after purchasing an additional 43,028 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in CA were worth $4,095,000 as of its most recent filing with the SEC.
Several other large investors have also modified their holdings of CA. Cornerstone Wealth Management LLC purchased a new position in shares of CA in the second quarter valued at $361,000. Janney Montgomery Scott LLC grew its holdings in shares of CA by 12.9% in the second quarter. Janney Montgomery Scott LLC now owns 18,384 shares of the technology company’s stock valued at $655,000 after purchasing an additional 2,100 shares in the last quarter. Sumitomo Mitsui Trust Holdings Inc. lifted its position in CA by 7.0% in the second quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 994,856 shares of the technology company’s stock worth $35,467,000 after buying an additional 64,650 shares during the last quarter. KBC Group NV lifted its position in CA by 58.3% in the second quarter. KBC Group NV now owns 430,407 shares of the technology company’s stock worth $15,344,000 after buying an additional 158,534 shares during the last quarter. Finally, State of Wisconsin Investment Board lifted its position in CA by 3.1% in the second quarter. State of Wisconsin Investment Board now owns 364,811 shares of the technology company’s stock worth $13,006,000 after buying an additional 11,122 shares during the last quarter. 69.66% of the stock is currently owned by institutional investors.
CA has been the subject of a number of analyst reports. BidaskClub upgraded CA from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, October 24th. Zacks Investment Research downgraded CA from a “buy” rating to a “hold” rating in a research report on Monday, October 8th. Ten equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $38.52.
Shares of CA opened at $44.44 on Friday. CA, Inc. has a 52-week low of $31.97 and a 52-week high of $44.47. The firm has a market capitalization of $18.58 billion, a P/E ratio of 19.16, a P/E/G ratio of 3.84 and a beta of 0.73. The company has a quick ratio of 2.21, a current ratio of 2.21 and a debt-to-equity ratio of 0.32.
CA Company Profile
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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