CAE Inc. (NYSE:CAE) Shares Bought by Mufg Securities Canada LTD.

Mufg Securities Canada LTD. lifted its stake in shares of CAE Inc. (NYSE:CAE - Free Report) TSE: CAE by 72.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 486,839 shares of the aerospace company's stock after purchasing an additional 203,924 shares during the period. Mufg Securities Canada LTD. owned 0.15% of CAE worth $12,354,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in CAE. Brandes Investment Partners LP grew its holdings in CAE by 1.5% in the 4th quarter. Brandes Investment Partners LP now owns 14,911,697 shares of the aerospace company's stock valued at $378,459,000 after buying an additional 221,205 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of CAE by 1.5% in the fourth quarter. Vanguard Group Inc. now owns 12,213,866 shares of the aerospace company's stock valued at $310,134,000 after purchasing an additional 181,807 shares during the period. National Bank of Canada FI increased its position in CAE by 13.4% during the third quarter. National Bank of Canada FI now owns 6,235,627 shares of the aerospace company's stock worth $117,023,000 after purchasing an additional 736,895 shares during the last quarter. Bank of Montreal Can raised its stake in CAE by 1.6% during the third quarter. Bank of Montreal Can now owns 5,057,860 shares of the aerospace company's stock worth $93,446,000 after purchasing an additional 77,489 shares during the period. Finally, American Century Companies Inc. boosted its holdings in CAE by 23.5% in the 4th quarter. American Century Companies Inc. now owns 2,627,397 shares of the aerospace company's stock valued at $66,715,000 after purchasing an additional 500,702 shares during the last quarter. 67.36% of the stock is currently owned by hedge funds and other institutional investors.

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Wall Street Analyst Weigh In

Several equities analysts have recently commented on the company. Desjardins raised CAE from a "hold" rating to a "buy" rating in a research note on Monday, December 23rd. Cibc World Mkts cut CAE from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, December 4th. StockNews.com upgraded shares of CAE from a "hold" rating to a "buy" rating in a research note on Wednesday, February 19th. National Bank Financial lowered shares of CAE from an "outperform" rating to a "sector perform" rating in a research note on Wednesday, January 22nd. Finally, The Goldman Sachs Group upped their target price on shares of CAE from $28.00 to $32.00 and gave the stock a "buy" rating in a research note on Tuesday, February 18th. Eight research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $32.00.

CAE Stock Down 3.4 %

NYSE CAE traded down $0.86 on Friday, hitting $24.46. 752,291 shares of the stock were exchanged, compared to its average volume of 573,322. CAE Inc. has a fifty-two week low of $15.95 and a fifty-two week high of $27.62. The company has a 50-day moving average price of $24.50 and a 200-day moving average price of $22.29. 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 company has a market cap of $7.83 billion, a PE ratio of -47.03, a PEG ratio of 1.94 and a beta of 1.74.

CAE (NYSE:CAE - Get Free Report) TSE: CAE last issued its earnings results 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 anticipate 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.