Hefty Wealth Partners buys $1,155,662 stake in CA (CA)

CA (CA) : Hefty Wealth Partners scooped up 1,150 additional shares in CA during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 5, 2016. The investment management firm now holds a total of 34,715 shares of CA which is valued at $1,155,662.CA makes up approximately 0.88% of Hefty Wealth Partners’s portfolio.

Other Hedge Funds, Including , First National Bank Of Mount Dora Trust Investment Services added CA to its portfolio by purchasing 44,248 company shares during the most recent quarter which is valued at $1,473,016. CA makes up approx 0.83% of First National Bank Of Mount Dora Trust Investment Services’s portfolio. Eqis Capital Management added CA to its portfolio by purchasing 6,154 company shares during the most recent quarter which is valued at $204,867. CA makes up approx 0.01% of Eqis Capital Management’s portfolio.West Oak Capital boosted its stake in CA in the latest quarter, The investment management firm added 190 additional shares and now holds a total of 1,603 shares of CA which is valued at $53,364. CA makes up approx 0.04% of West Oak Capital’s portfolio. Washington Trust Bank added CA to its portfolio by purchasing 31 company shares during the most recent quarter which is valued at $1,032.

CA closed down -0.06 points or -0.18% at $33.03 with 19,56,945 shares getting traded on Tuesday. Post opening the session at $33.08, the shares hit an intraday low of $32.8 and an intraday high of $33.19 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.

On the company’s financial health, CA reported $0.64 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Jul 27, 2016. Analyst had a consensus of $0.61. The company had revenue of $999.00 million for the quarter, compared to analysts expectations of $982.31 million. The company’s revenue was up 2.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.64 EPS.

Many Wall Street Analysts have commented on CA. Company shares were Downgraded by Barclays on Jul 15, 2016 to ” Equal Weight”, Firm has raised the Price Target to $ 35 from a previous price target of $33 .Mizuho Downgraded CA on Jul 14, 2016 to ” Neutral”, Price Target of the shares are set at $34.

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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