CAE Inc. (NYSE:CAE) fell 0.5% on Friday . The company traded as low as $12.25 and last traded at $12.31, with a volume of 60,268 shares trading hands. The stock had previously closed at $12.37.

A number of brokerages have recently weighed in on CAE. TheStreet raised shares of CAE from a “hold” rating to a “buy” rating in a research note on Wednesday, June 8th. BMO Capital Markets lowered shares of CAE from an “outperform” rating to a “market perform” rating in a research note on Friday, May 20th. Macquarie raised shares of CAE from a “neutral” rating to an “outperform” rating in a research note on Friday, May 27th. TD Securities reissued a “buy” rating and set a $19.00 price objective (up previously from $17.00) on shares of CAE in a research note on Friday, May 20th. Finally, Royal Bank Of Canada reissued an “outperform” rating and set a $17.00 price objective on shares of CAE in a research note on Tuesday, May 17th. Five analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $16.50.

The stock has a market capitalization of $3.31 billion and a price-to-earnings ratio of 18.62. The stock has a 50-day moving average of $12.48 and a 200 day moving average of $11.47.

CAE (NYSE:CAE) last announced its earnings results on Thursday, May 19th. The company reported $0.27 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.25 by $0.02. The firm earned $722.50 million during the quarter, compared to analysts’ expectations of $676.55 million. The company’s revenue was up 14.4% compared to the same quarter last year. During the same period in the prior year, the company posted $0.24 EPS. Equities analysts predict that CAE Inc. will post $0.93 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Thursday, June 30th. Investors of record on Wednesday, June 15th were paid a $0.0582 dividend. This is an increase from CAE’s previous quarterly dividend of $0.05. This represents a $0.23 annualized dividend and a yield of 1.89%. The ex-dividend date was Monday, June 13th.

A number of hedge funds and institutional investors recently bought and sold shares of CAE. OppenheimerFunds Inc. increased its position in CAE by 15.6% in the fourth quarter. OppenheimerFunds Inc. now owns 3,738,057 shares of the company’s stock valued at $41,468,000 after buying an additional 503,472 shares in the last quarter. State of Wisconsin Investment Board increased its position in CAE by 70.1% in the fourth quarter. State of Wisconsin Investment Board now owns 233,206 shares of the company’s stock valued at $2,577,000 after buying an additional 96,100 shares in the last quarter. Columbia Wanger Asset Management LLC increased its position in CAE by 0.8% in the fourth quarter. Columbia Wanger Asset Management LLC now owns 3,739,758 shares of the company’s stock valued at $41,484,000 after buying an additional 31,000 shares in the last quarter. Finally, Bank of Montreal Can increased its position in CAE by 62.8% in the fourth quarter. Bank of Montreal Can now owns 1,943,354 shares of the company’s stock valued at $21,552,000 after buying an additional 749,978 shares in the last quarter.

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