Todays Report: Today, Oregon Public Employees Retirement Fund invests in CA, Inc. (CA) Shares

Today, Oregon Public Employees Retirement Fund invests in CA, Inc. (CA) Shares

Oregon Public Employees Retirement Fund raised its position in CA, Inc. (NYSE:CA) by 50.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 96,959 shares of the company’s stock after buying an additional 32,305 shares during the period. Oregon Public Employees Retirement Fund’s holdings in CA were worth $3,207,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Bank of New York Mellon Corp increased its stake in CA by 12.4% in the second quarter. Bank of New York Mellon Corp now owns 25,992,761 shares of the company’s stock worth $853,342,000 after buying an additional 2,866,538 shares during the period. Macquarie Group Ltd. increased its stake in CA by 0.4% in the second quarter. Macquarie Group Ltd. now owns 22,107,439 shares of the company’s stock worth $725,787,000 after buying an additional 77,866 shares during the period. Vanguard Group Inc. increased its stake in CA by 1.1% in the second quarter. Vanguard Group Inc. now owns 18,980,701 shares of the company’s stock worth $623,137,000 after buying an additional 208,328 shares during the period. BlackRock Institutional Trust Company N.A. increased its stake in CA by 2.2% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 8,053,712 shares of the company’s stock worth $264,403,000 after buying an additional 174,590 shares during the period. Finally, BlackRock Fund Advisors increased its stake in CA by 2.4% in the second quarter. BlackRock Fund Advisors now owns 5,891,089 shares of the company’s stock worth $193,404,000 after buying an additional 137,127 shares during the period.

CA, Inc. (NYSE:CA) traded up 0.57% during midday trading on Monday, reaching $31.96. 1,889,670 shares of the company’s stock traded hands. The company has a market capitalization of $13.35 billion and a price-to-earnings ratio of 16.66. The firm’s 50-day moving average is $31.73 and its 200-day moving average is $32.83. CA, Inc. has a 1-year low of $25.18 and a 1-year high of $34.99.

CA (NYSE:CA) last posted its quarterly earnings data on Thursday, October 27th. The company reported $0.67 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.62 by $0.05. The company had revenue of $1.02 billion for the quarter, compared to analysts’ expectations of $1,000 million. The business’s revenue for the quarter was up 1.3% on a year-over-year basis. During the same period in the previous year, the business earned $0.56 earnings per share. Analysts forecast that CA, Inc. will post $2.53 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 6th. Stockholders of record on Thursday, November 17th will be paid a $0.255 dividend. This represents a $1.02 annualized dividend and a dividend yield of 3.19%. The ex-dividend date of this dividend is Tuesday, November 15th.

CA has been the topic of a number of research reports. Zacks Investment Research upgraded shares of CA from a “hold” rating to a “buy” rating and set a $34.00 target price on the stock in a report on Wednesday, November 2nd. Jefferies Group reiterated a “buy” rating and set a $38.00 price target on shares of CA in a report on Thursday, November 17th. Credit Suisse Group AG reiterated a “hold” rating and set a $34.00 price target on shares of CA in a report on Monday, August 29th. Hovde Group upgraded shares of CA from a “market perform” rating to an “outperform” rating and upped their price target for the company from $24.75 to $26.00 in a report on Saturday, October 8th. Finally, JPMorgan Chase & Co. reiterated a “hold” rating and set a $35.00 price target on shares of CA in a report on Thursday, November 17th. Five analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $33.75.

CA Company Profile

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.

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