Gw Henssler Associates Ltd buys $2,576,587 stake in CA (CA)

CA (CA) : Gw Henssler Associates Ltd scooped up 2,166 additional shares in CA during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 21, 2016. The investment management firm now holds a total of 85,374 shares of CA which is valued at $2,576,587.CA makes up approximately 0.30% of Gw Henssler Associates Ltd’s portfolio.

CA opened for trading at $30.56 and hit $30.87 on the upside on Wednesday, eventually ending the session at $30.79, with a gain of 0.62% or 0.19 points. The heightened volatility saw the trading volume jump to 21,07,162 shares. Company has a market cap of $12,832 M.

Other Hedge Funds, Including , Valley National Advisers Inc reduced its stake in CA by selling 991 shares or 1.45% in the most recent quarter. The Hedge Fund company now holds 67,487 shares of CA which is valued at $2,036,758. CA makes up approx 1.07% of Valley National Advisers Inc’s portfolio.Denali Advisors reduced its stake in CA by selling 20,800 shares or 4.5% in the most recent quarter. The Hedge Fund company now holds 441,300 shares of CA which is valued at $13,300,782. CA makes up approx 2.97% of Denali Advisors’s portfolio.

On the company’s financial health, CA reported $0.63 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on Jan 26, 2016. Analyst had a consensus of $0.58. The company had revenue of $1034.00 million for the quarter, compared to analysts expectations of $1001.67 million. The company’s revenue was down -5.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.67 EPS.

Many Wall Street Analysts have commented on CA. Company shares were Upgraded by Credit Suisse on Apr 21, 2016 to ” Neutral”, Firm has raised the Price Target to $ 33 from a previous price target of $22.50 .Company shares were Reiterated by Mizuho on Apr 11, 2016 to “Buy”, Firm has raised the Price Target to $ 34 from a previous price target of $29 .CA was Downgraded by Standpoint Research to ” Hold” on Mar 9, 2016.

CA Inc. (CA Technologies) is engaged in providing information technology (IT) management software and solutions. The Company operates through three business segments: Mainframe Solutions Enterprise Solutions and Services. The Mainframe Solutions segment products allow customers and partners transform mainframe management. The Enterprise Solutions segment consists of products including DevOps which allows customers to unite application development and IT operations; Management Cloud which includes the Company’s IT Business Management (ITBM) solutions API Management solutions and Enterprise Mobility Management solutions and Security which consists of identity and access management. The Services segment consists of product implementation consulting customer education and customer training.

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