CAE Inc. (NYSE:CAE) Stock Holdings Lifted by Quantinno Capital Management LP

Quantinno Capital Management LP increased its position in CAE Inc. (NYSE:CAE - Free Report) TSE: CAE by 175.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 51,653 shares of the aerospace company's stock after buying an additional 32,913 shares during the period. Quantinno Capital Management LP's holdings in CAE were worth $1,311,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Asset Planning Inc acquired a new position in shares of CAE during the 4th quarter valued at about $30,000. Natixis acquired a new position in CAE during the fourth quarter worth approximately $38,000. UniSuper Management Pty Ltd purchased a new position in CAE during the fourth quarter worth approximately $147,000. Allworth Financial LP boosted its holdings in shares of CAE by 14.2% in the 4th 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. Finally, First Trust Advisors LP purchased a new stake in shares of CAE during the 4th quarter valued at $213,000. Hedge funds and other institutional investors own 67.36% of the company's stock.

Analysts Set New Price Targets

Several brokerages recently weighed in on CAE. CIBC reaffirmed a "neutral" rating on shares of CAE in a research report on Thursday, May 15th. National Bank Financial upgraded CAE from a "hold" rating to a "strong-buy" rating in a report on Tuesday, May 6th. Bank of America raised CAE from an "underperform" rating to a "neutral" rating in a research note on Friday, March 7th. The Goldman Sachs Group increased their target price on shares of CAE from $28.00 to $32.00 and gave the stock a "buy" rating in a research report on Tuesday, February 18th. Finally, Jefferies Financial Group reduced their price target on shares of CAE from $28.00 to $27.00 and set a "hold" rating on the stock in a research report on Friday, May 16th. Seven analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $32.33.

CAE Stock Up 0.3%

Shares of CAE traded up $0.06 during mid-day trading on Wednesday, reaching $25.24. 109,184 shares of the stock traded hands, compared to its average volume of 561,178. The stock has a fifty day simple moving average of $24.36 and a 200 day simple moving average of $24.06. CAE Inc. has a 12-month low of $15.95 and a 12-month high of $27.62. The company has a quick ratio of 0.63, a current ratio of 0.86 and a debt-to-equity ratio of 0.70. The firm has a market cap of $8.08 billion, a price-to-earnings ratio of -48.55, a P/E/G ratio of 1.94 and a beta of 1.26.

CAE (NYSE:CAE - Get Free Report) TSE: CAE last released its quarterly earnings results on Tuesday, May 13th. The aerospace company reported $0.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.32 by $0.01. The firm had revenue of $886.20 million for the quarter, compared to the consensus estimate of $1.30 billion. CAE had a negative net margin of 4.96% and a positive return on equity of 6.11%. The firm's quarterly revenue was up 13.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.37 EPS. Sell-side analysts expect that CAE Inc. will post 0.83 EPS for the current fiscal 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.