CAE Inc $CAE Shares Purchased by Vanguard Group Inc.

Vanguard Group Inc. raised its position in shares of CAE Inc (NYSE:CAE - Free Report) TSE: CAE by 1.2% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 12,363,008 shares of the aerospace company's stock after purchasing an additional 149,142 shares during the quarter. Vanguard Group Inc. owned 3.86% of CAE worth $303,957,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in CAE. Cetera Investment Advisers lifted its position in shares of CAE by 49.7% during the 1st quarter. Cetera Investment Advisers now owns 17,045 shares of the aerospace company's stock valued at $419,000 after buying an additional 5,659 shares in the last quarter. Sequoia Financial Advisors LLC lifted its holdings in CAE by 132.4% in the 1st quarter. Sequoia Financial Advisors LLC now owns 49,556 shares of the aerospace company's stock worth $1,219,000 after purchasing an additional 28,237 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in CAE by 1.7% in the 1st quarter. Bank of New York Mellon Corp now owns 300,522 shares of the aerospace company's stock worth $7,390,000 after purchasing an additional 5,108 shares in the last quarter. Raymond James Financial Inc. purchased a new position in CAE in the 4th quarter worth approximately $4,746,000. Finally, LPL Financial LLC lifted its holdings in CAE by 32.4% in the 4th quarter. LPL Financial LLC now owns 45,236 shares of the aerospace company's stock worth $1,148,000 after purchasing an additional 11,061 shares in the last quarter. 67.36% of the stock is currently owned by institutional investors.

CAE Trading Up 0.4%

NYSE:CAE traded up $0.11 on Thursday, reaching $26.89. The company's stock had a trading volume of 203,667 shares, compared to its average volume of 572,518. CAE Inc has a 12-month low of $17.34 and a 12-month high of $30.13. The company has a quick ratio of 0.60, a current ratio of 0.87 and a debt-to-equity ratio of 0.63. The firm has a market cap of $8.62 billion, a price-to-earnings ratio of 29.25, a price-to-earnings-growth ratio of 2.30 and a beta of 1.34. The stock has a 50 day moving average price of $28.33 and a 200 day moving average price of $25.91.

CAE (NYSE:CAE - Get Free Report) TSE: CAE last posted its quarterly earnings data on Tuesday, August 12th. The aerospace company reported $0.15 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.15. CAE had a return on equity of 7.92% and a net margin of 8.70%.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 business earned $0.21 EPS. On average, equities analysts anticipate that CAE Inc will post 0.83 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

CAE has been the topic of a number of research reports. CIBC reaffirmed a "neutral" rating on shares of CAE in a research note on Thursday, May 15th. Wall Street Zen downgraded CAE from a "buy" rating to a "hold" rating in a research note on Saturday, August 16th. Cibc World Mkts raised CAE from a "hold" rating to a "strong-buy" rating in a research report on Friday, June 27th. BMO Capital Markets reiterated an "outperform" rating on shares of CAE in a report on Wednesday, May 14th. Finally, Scotiabank reiterated an "outperform" rating on shares of CAE in a research note on Thursday, August 14th. Two equities research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price 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.