CAE Inc. (NYSE:CAE) Shares Acquired by Vanguard Group Inc.

Vanguard Group Inc. boosted its holdings in shares of CAE Inc. (NYSE:CAE - Free Report) TSE: CAE by 1.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 12,213,866 shares of the aerospace company's stock after acquiring an additional 181,807 shares during the quarter. Vanguard Group Inc. owned 3.82% of CAE worth $310,134,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the business. Asset Planning Inc purchased a new stake in shares of CAE during the fourth quarter valued at $30,000. Allworth Financial LP lifted its holdings in CAE by 14.2% during the 4th quarter. Allworth Financial LP now owns 7,321 shares of the aerospace company's stock valued at $177,000 after buying an additional 913 shares in the last quarter. Centiva Capital LP purchased a new stake in CAE in the 3rd quarter valued at about $197,000. US Bancorp DE grew its stake in CAE by 10.4% in the 4th quarter. US Bancorp DE now owns 8,887 shares of the aerospace company's stock worth $226,000 after acquiring an additional 835 shares in the last quarter. Finally, Benjamin Edwards Inc. purchased a new position in shares of CAE during the third quarter worth approximately $249,000. Institutional investors own 67.36% of the company's stock.

CAE Stock Down 0.1 %

CAE traded down $0.03 on Tuesday, hitting $21.05. The company had a trading volume of 574,982 shares, compared to its average volume of 576,702. The stock has a market capitalization of $6.74 billion, a price-to-earnings ratio of -40.48, a P/E/G ratio of 1.94 and a beta of 1.39. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.63 and a current ratio of 0.86. The stock has a fifty day moving average price of $24.25 and a 200-day moving average price of $22.57. CAE Inc. has a 12-month low of $15.95 and a 12-month high of $27.62.

CAE (NYSE:CAE - Get Free Report) TSE: CAE last issued its quarterly earnings data on Thursday, February 13th. The aerospace company reported $0.21 earnings per share (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%. Analysts predict that CAE Inc. will post 0.83 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. Bank of America upgraded CAE from an "underperform" rating to a "neutral" rating in a report on Friday, March 7th. The Goldman Sachs Group upped their target price on CAE from $28.00 to $32.00 and gave the stock a "buy" rating in a report on Tuesday, February 18th. StockNews.com lowered CAE from a "buy" rating to a "hold" rating in a research note on Friday. Royal Bank of Canada restated an "outperform" rating and issued a $43.00 price objective on shares of CAE in a report on Wednesday, March 12th. Finally, TD Securities cut shares of CAE from a "buy" rating to a "hold" rating in a report on Monday, January 6th. Nine research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, CAE presently has a consensus rating of "Hold" and a consensus target price of $32.00.

CAE 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.