CAE Inc. (NYSE:CAE) Shares Acquired by APG Asset Management N.V.

APG Asset Management N.V. boosted its position in shares of CAE Inc. (NYSE:CAE - Free Report) TSE: CAE by 1,145.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 169,900 shares of the aerospace company's stock after purchasing an additional 156,257 shares during the quarter. APG Asset Management N.V. owned approximately 0.05% of CAE worth $4,164,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in CAE. Rathbones Group PLC increased its position in CAE by 0.9% during the fourth quarter. Rathbones Group PLC now owns 54,600 shares of the aerospace company's stock worth $1,386,000 after buying an additional 500 shares in the last quarter. Invesco Ltd. lifted its holdings in CAE by 4.3% in the 4th quarter. Invesco Ltd. now owns 3,673,331 shares of the aerospace company's stock valued at $93,229,000 after purchasing an additional 150,484 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of CAE by 2.1% during the fourth quarter. Envestnet Asset Management Inc. now owns 246,903 shares of the aerospace company's stock worth $6,266,000 after buying an additional 5,188 shares in the last quarter. Wells Fargo & Company MN raised its position in shares of CAE by 0.3% in the fourth quarter. Wells Fargo & Company MN now owns 421,242 shares of the aerospace company's stock valued at $10,682,000 after buying an additional 1,224 shares during the last quarter. Finally, Geode Capital Management LLC grew its stake in CAE by 31.2% in the 4th quarter. Geode Capital Management LLC now owns 1,779,962 shares of the aerospace company's stock worth $44,941,000 after acquiring an additional 423,780 shares during the period. 67.36% of the stock is currently owned by hedge funds and other institutional investors.

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CAE Stock Up 1.5 %

Shares of CAE traded up $0.35 during mid-day trading on Tuesday, reaching $23.46. 371,371 shares of the stock traded hands, compared to its average volume of 576,858. The stock has a fifty day simple moving average of $24.18 and a 200 day simple moving average of $22.74. 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 $7.51 billion, a price-to-earnings ratio of -45.11, a P/E/G ratio of 1.94 and a beta of 1.39.

CAE (NYSE:CAE - Get Free Report) TSE: CAE last issued its quarterly earnings data on Thursday, February 13th. The aerospace company reported $0.21 EPS for the quarter, topping analysts' consensus estimates of $0.20 by $0.01. CAE had a negative net margin of 4.96% and a positive return on equity of 6.11%. Sell-side analysts expect that CAE Inc. will post 0.83 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

CAE has been the topic of several analyst reports. National Bank Financial cut CAE from an "outperform" rating to a "sector perform" rating in a report on Wednesday, January 22nd. TD Securities cut CAE from a "buy" rating to a "hold" rating in a report on Monday, January 6th. Royal Bank of Canada reaffirmed an "outperform" rating and set a $43.00 price objective on shares of CAE in a research note on Wednesday, March 12th. The Goldman Sachs Group raised 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, StockNews.com raised shares of CAE from a "hold" rating to a "buy" rating in a research report on Saturday. Eight research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, CAE has a consensus rating of "Hold" and a consensus target price of $32.00.

CAE Company 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.