CAE Inc. (NYSE:CAE) Shares Bought by Natixis Advisors LLC

Natixis Advisors LLC increased its holdings in shares of CAE Inc. (NYSE:CAE - Free Report) TSE: CAE by 14.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 288,949 shares of the aerospace company's stock after acquiring an additional 37,422 shares during the period. Natixis Advisors LLC owned approximately 0.09% of CAE worth $7,334,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. First Eagle Investment Management LLC purchased a new position in CAE in the fourth quarter valued at about $24,207,000. National Bank of Canada FI grew its holdings in shares of CAE by 13.4% in the 3rd quarter. National Bank of Canada FI now owns 6,235,627 shares of the aerospace company's stock worth $117,023,000 after acquiring an additional 736,895 shares during the period. Intact Investment Management Inc. purchased a new position in CAE in the 4th quarter valued at approximately $13,763,000. Toronto Dominion Bank raised its holdings in CAE by 40.6% during the third quarter. Toronto Dominion Bank now owns 1,430,382 shares of the aerospace company's stock worth $26,820,000 after purchasing an additional 412,906 shares during the last quarter. Finally, Public Employees Retirement System of Ohio purchased a new stake in CAE during the third quarter worth $4,857,000. Hedge funds and other institutional investors own 67.36% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the company. Cibc World Mkts cut CAE from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, December 4th. StockNews.com upgraded shares of CAE from a "hold" rating to a "buy" rating in a research report on Wednesday, February 19th. National Bank Financial lowered shares of CAE from an "outperform" rating to a "sector perform" rating in a research report on Wednesday, January 22nd. TD Securities lowered CAE from a "buy" rating to a "hold" rating in a research note on Monday, January 6th. Finally, The Goldman Sachs Group increased their target price on CAE from $28.00 to $32.00 and gave the company a "buy" rating in a report on Tuesday, February 18th. Eight equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to MarketBeat.com, CAE presently has an average rating of "Hold" and an average price target of $32.00.

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CAE Trading Up 0.9 %

Shares of CAE stock traded up $0.22 during mid-day trading on Tuesday, hitting $25.54. 319,045 shares of the company's stock were exchanged, compared to its average volume of 554,222. The stock has a market cap of $8.18 billion, a price-to-earnings ratio of -49.12, a PEG ratio of 1.94 and a beta of 1.74. The company has a quick ratio of 0.63, a current ratio of 0.86 and a debt-to-equity ratio of 0.70. CAE Inc. has a fifty-two week low of $15.95 and a fifty-two week high of $27.62. The stock has a 50-day simple moving average of $24.41 and a two-hundred day simple moving average of $22.12.

CAE (NYSE:CAE - Get Free Report) TSE: CAE last posted its quarterly earnings results on Thursday, February 13th. The aerospace company reported $0.21 EPS for the quarter, beating the consensus estimate of $0.20 by $0.01. CAE had a positive return on equity of 6.11% and a negative net margin of 4.96%. Equities analysts expect 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.