CAE Inc. (NYSE:CAE) Shares Purchased by Advisor Group Holdings Inc.

Advisor Group Holdings Inc. lifted its holdings in CAE Inc. (NYSE:CAE) (TSE:CAE) by 11.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,084 shares of the aerospace company’s stock after acquiring an additional 2,516 shares during the period. Advisor Group Holdings Inc.’s holdings in CAE were worth $773,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Blueshift Asset Management LLC increased its holdings in CAE by 4.9% in the first quarter. Blueshift Asset Management LLC now owns 8,934 shares of the aerospace company’s stock valued at $255,000 after buying an additional 417 shares during the last quarter. Geneos Wealth Management Inc. lifted its stake in shares of CAE by 4.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 10,978 shares of the aerospace company’s stock valued at $343,000 after purchasing an additional 448 shares during the last quarter. BI Asset Management Fondsmaeglerselskab A S boosted its stake in shares of CAE by 2.2% during the 1st quarter. BI Asset Management Fondsmaeglerselskab A S now owns 29,679 shares of the aerospace company’s stock worth $846,000 after acquiring an additional 647 shares in the last quarter. Arkadios Wealth Advisors boosted its position in CAE by 44.7% during the second quarter. Arkadios Wealth Advisors now owns 2,201 shares of the aerospace company’s stock worth $67,000 after purchasing an additional 680 shares during the period. Finally, Auxier Asset Management boosted its holdings in shares of CAE by 2.7% during the 1st quarter. Auxier Asset Management now owns 30,935 shares of the aerospace company’s stock worth $881,000 after buying an additional 800 shares during the period. 56.28% of the stock is currently owned by institutional investors and hedge funds.

Shares of CAE stock opened at $28.79 on Friday. The company has a market capitalization of $9.12 billion, a P/E ratio of 92.87, a P/E/G ratio of 4.97 and a beta of 1.81. CAE Inc. has a 12-month low of $13.80 and a 12-month high of $32.19. The company has a quick ratio of 1.06, a current ratio of 1.30 and a debt-to-equity ratio of 0.66. The firm has a 50-day moving average price of $29.51 and a 200 day moving average price of $29.90.

CAE (NYSE:CAE) (TSE:CAE) last released its quarterly earnings results on Wednesday, August 11th. The aerospace company reported $0.15 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.13 by $0.02. The firm had revenue of $612.76 million during the quarter, compared to analysts’ expectations of $608.68 million. CAE had a return on equity of 7.39% and a net margin of 3.50%. As a group, research analysts expect that CAE Inc. will post 0.76 earnings per share for the current year.

CAE has been the subject of several research reports. Zacks Investment Research raised CAE from a “sell” rating to a “hold” rating in a research report on Tuesday, August 31st. Desjardins lowered shares of CAE from a “buy” rating to a “hold” rating in a research report on Thursday, August 12th. TD Securities upped their price objective on shares of CAE from C$39.00 to C$41.00 and gave the company a “hold” rating in a research report on Thursday, August 12th. CIBC boosted their price target on CAE from C$43.00 to C$44.00 and gave the company an “outperform” rating in a research note on Thursday, August 12th. Finally, Scotiabank raised their price objective on CAE from C$44.00 to C$46.00 and gave the stock an “outperform” rating in a research report on Thursday, August 12th. One research analyst has rated the stock with a sell rating, five have given a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $39.80.

CAE Company Profile

CAE, Inc engages in the provision of digital immersion and training services for the civil aviation, defense and security, and healthcare markets. It operates through the following segments: Civil Aviation Training Solutions, Defence and Security, and Healthcare. The Civil Aviation Training Solutions segment focuses on aviation professionals, airlines, business aviation operators, and aircraft manufacturers.

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Institutional Ownership by Quarter for CAE (NYSE:CAE)

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