APG Asset Management N.V. Acquires 156,257 Shares of CAE Inc. (NYSE:CAE)

APG Asset Management N.V. increased its stake in shares of CAE Inc. (NYSE:CAE - Free Report) TSE: CAE by 1,145.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 169,900 shares of the aerospace company's stock after acquiring an additional 156,257 shares during the quarter. APG Asset Management N.V. owned approximately 0.05% of CAE worth $4,164,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also bought and sold shares of the company. Centiva Capital LP bought a new position in shares of CAE in the third quarter worth approximately $197,000. Janus Henderson Group PLC grew its holdings in CAE by 9.1% in the 3rd quarter. Janus Henderson Group PLC now owns 57,283 shares of the aerospace company's stock worth $1,074,000 after acquiring an additional 4,800 shares during the last quarter. Stifel Financial Corp raised its stake in shares of CAE by 47.9% during the third quarter. Stifel Financial Corp now owns 99,802 shares of the aerospace company's stock valued at $1,871,000 after acquiring an additional 32,344 shares during the last quarter. Wellington Management Group LLP boosted its holdings in shares of CAE by 4.7% during the third quarter. Wellington Management Group LLP now owns 114,025 shares of the aerospace company's stock worth $2,143,000 after purchasing an additional 5,101 shares during the period. Finally, Public Employees Retirement System of Ohio bought a new position in CAE during the 3rd quarter valued at approximately $4,857,000. 67.36% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

CAE has been the subject of a number of research analyst reports. Desjardins raised CAE from a "hold" rating to a "buy" rating in a research note on Monday, December 23rd. TD Securities cut shares of CAE from a "buy" rating to a "hold" rating in a research report on Monday, January 6th. The Goldman Sachs Group increased their price objective on CAE from $28.00 to $32.00 and gave the stock a "buy" rating in a report on Tuesday, February 18th. Royal Bank of Canada reissued an "outperform" rating and issued a $43.00 price target on shares of CAE in a research report on Wednesday, March 12th. Finally, National Bank Financial lowered CAE from an "outperform" rating to a "sector perform" rating in a research report on Wednesday, January 22nd. Eight investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $32.00.

CAE Stock Performance

Shares of CAE traded up $0.07 during mid-day trading on Thursday, hitting $23.42. 97,622 shares of the company traded hands, compared to its average volume of 571,989. CAE Inc. has a 1 year low of $15.95 and a 1 year high of $27.62. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.63 and a current ratio of 0.86. The stock has a 50-day moving average price of $24.17 and a two-hundred day moving average price of $22.74. The stock has a market cap of $7.50 billion, a price-to-earnings ratio of -44.97, a P/E/G ratio of 1.94 and a beta of 1.39.

CAE (NYSE:CAE - Get Free Report) TSE: CAE last released its quarterly earnings results on Thursday, February 13th. The aerospace company reported $0.21 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.20 by $0.01. CAE had a positive return on equity of 6.11% and a negative net margin of 4.96%. Equities analysts anticipate that CAE Inc. will post 0.83 earnings per share for the current year.

About CAE

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.