O Shaughnessy Asset Management LLC boosted its stake in shares of Cae Inc (NYSE:CAE) (TSE:CAE) by 5.2% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 617,973 shares of the aerospace company’s stock after acquiring an additional 30,635 shares during the quarter. O Shaughnessy Asset Management LLC owned approximately 0.23% of CAE worth $12,415,000 as of its most recent SEC filing.
Other large investors also recently modified their holdings of the company. RNC Capital Management LLC bought a new stake in CAE during the 2nd quarter worth about $208,000. Tower Research Capital LLC TRC grew its holdings in CAE by 3,246.2% during the 2nd quarter. Tower Research Capital LLC TRC now owns 10,641 shares of the aerospace company’s stock worth $222,000 after acquiring an additional 10,323 shares during the last quarter. CLARET ASSET MANAGEMENT Corp bought a new stake in CAE during the 3rd quarter worth about $311,000. Global Financial Private Capital LLC bought a new stake in CAE during the 2nd quarter worth about $371,000. Finally, Stevens Capital Management LP bought a new stake in CAE during the 2nd quarter worth about $597,000. 49.03% of the stock is currently owned by hedge funds and other institutional investors.
A number of equities research analysts have commented on CAE shares. ValuEngine lowered shares of CAE from a “buy” rating to a “hold” rating in a report on Tuesday, August 14th. Zacks Investment Research raised shares of CAE from a “hold” rating to a “buy” rating and set a $21.00 price objective on the stock in a report on Tuesday, October 16th.
Shares of NYSE CAE opened at $18.46 on Friday. The stock has a market capitalization of $4.86 billion, a PE ratio of 21.22, a price-to-earnings-growth ratio of 1.94 and a beta of 0.79. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.05 and a current ratio of 1.42. Cae Inc has a 1 year low of $16.84 and a 1 year high of $21.70.
CAE (NYSE:CAE) (TSE:CAE) last issued its earnings results on Tuesday, August 14th. The aerospace company reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.06. The company had revenue of $722.00 million for the quarter, compared to analyst estimates of $729.04 million. CAE had a net margin of 12.36% and a return on equity of 13.48%. The company’s revenue for the quarter was up 10.0% on a year-over-year basis. During the same quarter last year, the firm earned $0.22 EPS. Analysts expect that Cae Inc will post 0.94 EPS for the current year.
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CAE Inc, together with its subsidiaries, designs, manufactures, and supplies simulation equipment worldwide. It operates through three segments: Civil Aviation Training Solutions, Defence and Security, and Healthcare. The Civil Aviation Training Solutions segment provides training solutions for flight, cabin, maintenance, and ground personnel in commercial, business, and helicopter aviation; flight simulation training devices; and ab initio pilot training and crew sourcing services.
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