Stifel Financial Corp Has $1.87 Million Stock Holdings in CAE Inc. (NYSE:CAE)

Stifel Financial Corp increased its position in shares of CAE Inc. (NYSE:CAE) (TSE:CAE) by 47.9% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 99,802 shares of the aerospace company’s stock after buying an additional 32,344 shares during the period. Stifel Financial Corp’s holdings in CAE were worth $1,871,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of CAE. Ridgewood Investments LLC bought a new stake in shares of CAE in the second quarter valued at about $33,000. Cromwell Holdings LLC raised its position in CAE by 103.4% during the third quarter. Cromwell Holdings LLC now owns 1,800 shares of the aerospace company’s stock valued at $34,000 after purchasing an additional 915 shares in the last quarter. Venturi Wealth Management LLC acquired a new position in shares of CAE during the 3rd quarter worth $74,000. Allworth Financial LP raised its stake in CAE by 26.1% during the third quarter. Allworth Financial LP now owns 6,408 shares of the aerospace company’s stock worth $120,000 after acquiring an additional 1,327 shares in the last quarter. Finally, US Bancorp DE increased its position in CAE by 28.9% during the 3rd quarter. US Bancorp DE now owns 8,052 shares of the aerospace company’s stock worth $151,000 after purchasing an additional 1,803 shares in the last quarter. Institutional investors and hedge funds own 67.36% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on CAE shares. Cibc World Mkts downgraded CAE from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 4th. StockNews.com upgraded CAE from a “hold” rating to a “buy” rating in a report on Thursday, November 14th. Seven equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, CAE presently has a consensus rating of “Hold” and an average price target of $25.00.

CAE Trading Up 4.2 %

NYSE CAE opened at $23.77 on Friday. The company has a market cap of $7.57 billion, a price-to-earnings ratio of -30.87, a P/E/G ratio of 1.73 and a beta of 1.74. The business has a 50 day moving average price of $21.03 and a 200-day moving average price of $19.14. The company has a quick ratio of 0.59, a current ratio of 0.84 and a debt-to-equity ratio of 0.62. CAE Inc. has a 52 week low of $15.95 and a 52 week high of $24.02.

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, the Oceania, Africa, and Rest of the Americas. It operates through two segments, Civil Aviation; and Defense and Security. The Civil Aviation segment offers training solutions for flight, cabin, maintenance, and ground personnel in commercial, business, and helicopter aviation; a range of flight simulation training devices; and ab initio pilot training and crew sourcing services, as well as aircraft flight operations solutions.