12,755 Shares in CAE Inc. (NYSE:CAE) Acquired by Vanguard Personalized Indexing Management LLC

Vanguard Personalized Indexing Management LLC bought a new stake in CAE Inc. (NYSE:CAE) (TSE:CAE) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 12,755 shares of the aerospace company’s stock, valued at approximately $230,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. CIBC Asset Management Inc grew its holdings in shares of CAE by 21.3% in the fourth quarter. CIBC Asset Management Inc now owns 681,156 shares of the aerospace company’s stock valued at $14,749,000 after purchasing an additional 119,411 shares during the period. Stanley Laman Group Ltd. increased its holdings in shares of CAE by 20.1% during the 2nd quarter. Stanley Laman Group Ltd. now owns 210,223 shares of the aerospace company’s stock worth $3,906,000 after buying an additional 35,222 shares during the last quarter. Henry James International Management Inc. lifted its holdings in CAE by 16.0% in the first quarter. Henry James International Management Inc. now owns 210,400 shares of the aerospace company’s stock valued at $4,343,000 after acquiring an additional 28,991 shares during the last quarter. Jane Street Group LLC grew its position in CAE by 97.2% in the first quarter. Jane Street Group LLC now owns 305,191 shares of the aerospace company’s stock worth $6,299,000 after acquiring an additional 150,429 shares during the period. Finally, Goldman Sachs Group Inc. increased its stake in CAE by 16.5% during the fourth quarter. Goldman Sachs Group Inc. now owns 1,078,828 shares of the aerospace company’s stock worth $23,292,000 after acquiring an additional 153,188 shares during the last quarter. 67.36% of the stock is owned by institutional investors and hedge funds.

CAE Price Performance

Shares of CAE opened at $18.49 on Monday. The company has a market cap of $5.90 billion, a P/E ratio of -25.68, a PEG ratio of 1.31 and a beta of 1.67. CAE Inc. has a fifty-two week low of $15.95 and a fifty-two week high of $23.62. The company has a quick ratio of 0.61, a current ratio of 0.89 and a debt-to-equity ratio of 0.67. The firm’s 50 day moving average price is $17.67 and its 200 day moving average price is $18.78.

CAE (NYSE:CAE) (TSE:CAE) last announced its quarterly earnings data on Tuesday, August 13th. The aerospace company reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.01. CAE had a positive return on equity of 5.96% and a negative net margin of 7.38%. The business had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $1.05 billion. During the same period last year, the firm earned $0.18 earnings per share. The company’s revenue for the quarter was up 6.0% compared to the same quarter last year. On average, research analysts forecast that CAE Inc. will post 0.86 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms have recently weighed in on CAE. Morgan Stanley cut CAE from an “overweight” rating to an “equal weight” rating in a report on Friday, August 16th. Jefferies Financial Group began coverage on shares of CAE in a research report on Thursday, June 6th. They set a “hold” rating and a $21.00 price target for the company. StockNews.com upgraded shares of CAE from a “hold” rating to a “buy” rating in a report on Friday, September 13th. Finally, Royal Bank of Canada upgraded shares of CAE from a “hold” rating to a “moderate buy” rating in a report on Thursday, August 15th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $28.00.

CAE Company Profile

CAE Inc, together with its subsidiaries, provides simulation training and critical operations support solutions in Canada, the United States, the United Kingdom, Europe, Asia, Oceania and Africa, and Rest of Americas. It operates through three segments: Civil Aviation, Defense and Security, and Healthcare.