Deutsche Bank AG Buys 37,112 Shares of CAE Inc $CAE

Deutsche Bank AG lifted its stake in CAE Inc (NYSE:CAE - Free Report) TSE: CAE by 21.6% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 208,547 shares of the aerospace company's stock after acquiring an additional 37,112 shares during the quarter. Deutsche Bank AG owned 0.07% of CAE worth $5,128,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in CAE. Natixis bought a new stake in CAE during the fourth quarter valued at approximately $38,000. Versant Capital Management Inc bought a new stake in CAE during the first quarter valued at approximately $53,000. First Trust Advisors LP bought a new stake in CAE during the fourth quarter valued at approximately $213,000. Clarius Group LLC bought a new stake in CAE during the first quarter valued at approximately $246,000. Finally, Cetera Investment Advisers grew its position in CAE by 4.6% during the fourth quarter. Cetera Investment Advisers now owns 11,386 shares of the aerospace company's stock valued at $289,000 after buying an additional 497 shares during the period. 67.36% of the stock is currently owned by institutional investors.

CAE Price Performance

CAE stock opened at $27.46 on Monday. CAE Inc has a one year low of $17.26 and a one year high of $30.13. The company's fifty day moving average price is $28.32 and its 200-day moving average price is $25.86. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.60 and a current ratio of 0.87. The company has a market capitalization of $8.80 billion, a PE ratio of 29.85, a price-to-earnings-growth ratio of 2.29 and a beta of 1.34.

CAE (NYSE:CAE - Get Free Report) TSE: CAE last released its earnings results on Tuesday, August 12th. The aerospace company reported $0.15 EPS for the quarter, hitting the consensus estimate of $0.15. CAE had a net margin of 8.70% and a return on equity of 7.92%. The firm had revenue of $806.92 million for the quarter, compared to the consensus estimate of $1.12 billion. During the same quarter in the previous year, the firm earned $0.21 earnings per share. On average, equities analysts anticipate that CAE Inc will post 0.83 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. TD Securities upgraded shares of CAE from a "hold" rating to a "strong-buy" rating in a research report on Wednesday. CIBC reiterated a "neutral" rating on shares of CAE in a research report on Thursday, May 15th. Scotiabank reiterated an "outperform" rating on shares of CAE in a research report on Thursday. The Goldman Sachs Group assumed coverage on shares of CAE in a research report on Monday, June 30th. They issued a "buy" rating and a $33.00 price target for the company. Finally, National Bank Financial upgraded shares of CAE from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, May 6th. Five research analysts have rated the stock with a hold rating, four have issued a buy rating and three have assigned a strong buy rating to the stock. According to data from MarketBeat, CAE presently has a consensus rating of "Moderate Buy" and an average price target of $33.67.

CAE 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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