CA, Inc. Just Recorded A Sigfniciant Bearish Options Activity

 CA, Inc. Just Recorded A Sigfniciant Bearish Options Activity

In today’s session CA, Inc. (CA) recorded an unusually high (900) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the December, 2016 put, expecting serious CA decrease. With 900 contracts traded and 20134 open interest for the Dec, 16 contract, it seems this is a quite bearish bet. The option with symbol: CA161216P00032000 closed last at: $0.85 or 5.6% down. About 48,638 shares traded hands. CA, Inc. (NASDAQ:CA) has risen 4.71% since April 22, 2016 and is uptrending. It has underperformed by 0.70% the S&P500.

Analysts await CA, Inc. (NASDAQ:CA) to report earnings on January, 24. They expect $0.57 EPS, down 3.39% or $0.02 from last year’s $0.59 per share. CA’s profit will be $238.38M for 13.97 P/E if the $0.57 EPS becomes a reality. After $0.63 actual EPS reported by CA, Inc. for the previous quarter, Wall Street now forecasts -9.52% negative EPS growth.

CA, Inc. (NASDAQ:CA) Ratings Coverage

Out of 9 analysts covering CA Technologies (NASDAQ:CA), 2 rate it a “Buy”, 0 “Sell”, while 7 “Hold”. This means 22% are positive. $38 is the highest target while $29 is the lowest. The $32.25 average target is 1.26% above today’s ($31.85) stock price. CA Technologies has been the topic of 14 analyst reports since August 6, 2015 according to StockzIntelligence Inc. The rating was maintained by Jefferies with “Buy” on Friday, September 4. The company was upgraded on Friday, January 22 by Mizuho. The rating was upgraded by Barclays Capital to “Overweight” on Tuesday, January 12. FBR Capital maintained CA, Inc. (NASDAQ:CA) rating on Thursday, October 22. FBR Capital has “Mkt Perform” rating and $29 price target. The stock has “Neutral” rating given by Mizuho on Thursday, July 14. The firm earned “Hold” rating on Friday, October 23 by TheStreet. The stock of CA, Inc. (NASDAQ:CA) has “Sector Perform” rating given on Thursday, November 19 by RBC Capital Markets. Barclays Capital downgraded the shares of CA in a report on Friday, July 15 to “Equal-Weight” rating. The firm has “Neutral” rating by Credit Suisse given on Thursday, April 21. Citigroup upgraded CA, Inc. (NASDAQ:CA) on Monday, November 16 to “Neutral” rating.

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.”

Insitutional Activity: The institutional sentiment decreased to 1.33 in Q2 2016. Its down 0.13, from 1.46 in 2016Q1. The ratio dropped, as 38 funds sold all CA, Inc. shares owned while 135 reduced positions. 61 funds bought stakes while 191 increased positions. They now own 270.36 million shares or 5.05% less from 284.73 million shares in 2016Q1.
Twin Tree Mngmt L P holds 0.01% of its portfolio in CA, Inc. (NASDAQ:CA) for 20,767 shares. Blackrock Advisors Ltd Liability Corporation reported 365,757 shares or 0.01% of all its holdings. High Point State Bank And Trust Company last reported 40 shares in the company. Westpac holds 0% or 35,030 shares in its portfolio. Tcw Gru Incorporated accumulated 0.01% or 23,800 shares. Breton Hill Ltd last reported 0.28% of its portfolio in the stock. The Massachusetts-based Liberty Mutual Asset has invested 0.03% in CA, Inc. (NASDAQ:CA). Guardian Life Of America holds 1,109 shares or 0% of its portfolio. Aqr Mgmt Limited Liability Corporation accumulated 2.58 million shares or 0.15% of the stock. Euclid Advsr last reported 0.02% of its portfolio in the stock. First Mercantile accumulated 10,036 shares or 0.04% of the stock. Next Gp Inc Inc reported 600 shares or 0.01% of all its holdings. Public Employees Retirement Association Of Colorado has invested 0.02% of its portfolio in CA, Inc. (NASDAQ:CA). Nordea Management Ab last reported 0% of its portfolio in the stock. Loomis Sayles And L P has 320 shares for 0% of their US portfolio.

Insider Transactions: Since May 27, 2016, the stock had 0 insider purchases, and 4 insider sales for $11.57 million net activity. FLAHERTY LAUREN PATRICIA sold $5.98 million worth of stock. ELSTER ADAM sold $4.07 million worth of stock or 125,513 shares. Sayed Ayman had sold 19,260 shares worth $656,959. Another trade for 23,200 shares valued at $858,864 was sold by Haefner Martin. On Friday, May 27 Lamm Jacob sold $3.15 million worth of the stock or 98,401 shares.

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 $13.32 billion. The Firm operates through three business divisions: Mainframe Solutions, Enterprise Solutions and Services. It has a 16.64 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.

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.

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