Barclays PLC Has $699,000 Stock Position in CAE Inc. (NYSE:CAE)

Barclays PLC grew its holdings in CAE Inc. (NYSE:CAE - Free Report) TSE: CAE by 269.0% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 27,544 shares of the aerospace company's stock after purchasing an additional 20,080 shares during the period. Barclays PLC's holdings in CAE were worth $699,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in CAE. Asset Planning Inc bought a new stake in CAE during the 4th quarter worth about $30,000. UniSuper Management Pty Ltd bought a new stake in CAE during the fourth quarter worth about $147,000. Allworth Financial LP boosted its position in CAE by 14.2% during the fourth quarter. Allworth Financial LP now owns 7,321 shares of the aerospace company's stock valued at $177,000 after purchasing an additional 913 shares during the last quarter. Orion Portfolio Solutions LLC acquired a new position in shares of CAE during the 4th quarter worth approximately $225,000. Finally, US Bancorp DE raised its stake in shares of CAE by 10.4% during the 4th quarter. US Bancorp DE now owns 8,887 shares of the aerospace company's stock worth $226,000 after purchasing an additional 835 shares in the last quarter. Institutional investors own 67.36% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on CAE. Bank of America upgraded shares of CAE from an "underperform" rating to a "neutral" rating in a report on Friday, March 7th. Royal Bank of Canada restated an "outperform" rating and set a $43.00 price objective on shares of CAE in a research note on Wednesday, March 12th. StockNews.com upgraded CAE from a "hold" rating to a "buy" rating in a report on Saturday, April 12th. The Goldman Sachs Group upped their price objective on CAE from $28.00 to $32.00 and gave the company a "buy" rating in a research note on Tuesday, February 18th. Finally, National Bank Financial downgraded CAE from an "outperform" rating to a "sector perform" rating in a research note on Wednesday, January 22nd. Eight equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat.com, CAE has a consensus rating of "Hold" and an average price target of $32.00.

CAE Price Performance

Shares of NYSE CAE opened at $25.82 on Thursday. The firm has a market cap of $8.27 billion, a P/E ratio of -49.65, a price-to-earnings-growth ratio of 1.94 and a beta of 1.26. The business's 50 day moving average is $24.04 and its 200-day moving average is $23.36. The company has a current ratio of 0.86, a quick ratio of 0.63 and a debt-to-equity ratio of 0.70. CAE Inc. has a 1-year low of $15.95 and a 1-year high of $27.62.

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

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.

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