Live Stock Coverage: Ca Inc (NASDAQ:CA) Institutional Investors Sentiment Index Up in 2016 Q2

November 28, 2016 - By Ruchi Gupta   ·   0 Comments

Live Stock Coverage: Ca Inc (NASDAQ:CA) Institutional Investors Sentiment Index  Up in  2016 Q2

Sentiment for Ca Inc (NASDAQ:CA)

Ca Inc (NASDAQ:CA) institutional sentiment decreased to 1.33 in Q2 2016. Its down -0.13, from 1.46 in 2016Q1. The ratio dived, as 252 hedge funds started new or increased equity positions, while 173 decreased and sold holdings in Ca Inc. The hedge funds in our partner’s database now possess: 270.36 million shares, down from 284.73 million shares in 2016Q1. Also, the number of hedge funds holding Ca Inc in their top 10 equity positions increased from 5 to 8 for an increase of 3. Sold All: 38 Reduced: 135 Increased: 191 New Position: 61.

CA, Inc. is engaged in providing software solutions enabling clients to plan, develop, manage and secure applications and enterprise environments across distributed, cloud, mobile and mainframe platforms. The company has a market cap of $13.34 billion. The Firm operates through three business divisions: Mainframe Solutions, Enterprise Solutions and Services. It has a 16.59 P/E ratio. The Company’s Mainframe Solutions and Enterprise Solutions divisions comprise the Company’s software business organized by the nature of its software offerings and the platform on which the products operate.

The stock increased 0.47% or $0.15 on November 25, hitting $31.75. CA, Inc. (NASDAQ:CA) has risen 5.16% since April 25, 2016 and is uptrending. It has underperformed by 0.85% the S&P500.

Analysts await CA, Inc. (NASDAQ:CA) to report earnings on January, 24. They expect $0.57 earnings per share, down 3.39% or $0.02 from last year’s $0.59 per share. CA’s profit will be $239.49 million for 13.93 P/E if the $0.57 EPS becomes a reality. After $0.63 actual earnings per share reported by CA, Inc. for the previous quarter, Wall Street now forecasts -9.52% negative EPS growth.

According to Zacks Investment Research, “CA Technologies is a global leader in software solutions enabling customers to plan, develop, manage and secure applications and enterprise environments across distributed, cloud, mobile and mainframe platforms.”

Altalis Capital Management Llc holds 5.32% of its portfolio in CA, Inc. for 226,083 shares. Fort L.P. owns 320,174 shares or 4.29% of their US portfolio. Moreover, Cognios Capital Llc has 3.77% invested in the company for 360,841 shares. The California-based Huber Capital Management Llc has invested 3.39% in the stock. Denali Advisors Llc, a California-based fund reported 539,400 shares.#img1#

Insider Transactions: Since January 1, 0001, the stock had 0 buys, and 3 selling transactions for $10.71 million net activity.

CA, Inc. (NASDAQ:CA) Ratings Coverage

Ratings analysis reveals 22% of CA Technologies’s analysts are positive. Out of 9 Wall Street analysts rating CA Technologies, 2 give it “Buy”, 0 “Sell” rating, while 7 recommend “Hold”. The lowest target is $29 while the high is $38. The stock’s average target of $32.25 is 1.57% above today’s ($31.75) share price. CA was included in 14 notes of analysts from August 6, 2015. Mizuho downgraded the shares of CA in a report on Thursday, July 14 to “Neutral” rating. The stock has “Neutral” rating given by Citigroup on Thursday, May 12. Barclays Capital upgraded the shares of CA in a report on Tuesday, January 12 to “Overweight” rating. The stock has “Buy” rating given by Jefferies on Friday, September 4. The rating was maintained by RBC Capital Markets with “Sector Perform” on Thursday, November 19. As per Monday, November 16, the company rating was upgraded by Citigroup. On Thursday, April 21 the stock rating was upgraded by Credit Suisse to “Neutral”. The rating was upgraded by Mizuho on Friday, January 22 to “Buy”. The rating was maintained by FBR Capital with “Mkt Perform” on Thursday, October 22. The firm has “Hold” rating given on Friday, October 23 by TheStreet.

CA Company Profile

CA, Inc. (CA), incorporated on March 26, 1974, is engaged in providing software solutions enabling clients to plan, develop, manage and secure applications and enterprise environments across distributed, cloud, mobile and mainframe platforms. The Firm operates through three business divisions: Mainframe Solutions, Enterprise Solutions and Services. The Company’s Mainframe Solutions and Enterprise Solutions divisions comprise the Company’s software business organized by the nature of its software offerings and the platform on which the products operate. The Services segment comprises product implementation, consulting, customer education and customer training.

More news for CA, Inc. (NASDAQ:CA) were recently published by: Reuters.com, which released: “BRIEF-CA Inc says Kieran Mcgrath appointed as CFO” on November 07, 2016. Nasdaq.com‘s article titled: “CA Inc. (CA) Ex-Dividend Date Scheduled for November 15, 2016” and published on November 14, 2016 is yet another important article.

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By Ruchi Gupta


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