Osmosis Investment Management UK Ltd bought a new stake in CAE Inc (NYSE:CAE – Free Report) (TSE:CAE) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 31,881 shares of the aerospace company’s stock, valued at approximately $798,000.
Several other institutional investors also recently made changes to their positions in the stock. Tacita Capital Inc bought a new stake in shares of CAE in the 2nd quarter worth approximately $37,000. Transamerica Financial Advisors LLC grew its stake in CAE by 170.7% during the 4th quarter. Transamerica Financial Advisors LLC now owns 1,267 shares of the aerospace company’s stock worth $39,000 after buying an additional 799 shares during the last quarter. Kestra Advisory Services LLC acquired a new stake in CAE in the fourth quarter worth $41,000. CIBC Private Wealth Group LLC acquired a new stake in CAE in the third quarter worth $42,000. Finally, Brown Brothers Harriman & Co. bought a new stake in CAE in the fourth quarter valued at $47,000. 67.36% of the stock is owned by institutional investors.
CAE Price Performance
Shares of NYSE:CAE opened at $24.74 on Tuesday. The stock has a market cap of $7.95 billion, a price-to-earnings ratio of 34.85, a PEG ratio of 2.85 and a beta of 1.01. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.96 and a quick ratio of 0.77. CAE Inc has a 12 month low of $22.76 and a 12 month high of $34.24. The stock’s 50 day moving average price is $25.64 and its 200 day moving average price is $26.70.
Analysts Set New Price Targets
Several equities analysts have recently issued reports on the stock. Jefferies Financial Group reissued a “hold” rating on shares of CAE in a report on Thursday, August 13th. Royal Bank Of Canada cut their price objective on shares of CAE from $42.00 to $36.00 and set a “sector perform” rating on the stock in a research report on Tuesday, May 26th. Wall Street Zen lowered shares of CAE from a “buy” rating to a “hold” rating in a research note on Saturday, June 20th. Zacks Research upgraded shares of CAE from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 13th. Finally, Weiss Ratings lowered shares of CAE from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, July 23rd. Five analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, CAE presently has a consensus rating of “Hold” and a consensus target price of $31.00.
View Our Latest Research Report on CAE
CAE Company Profile
CAE Inc is a global leader in training and simulation technologies, headquartered in Montréal, Canada. The company specializes in the design and manufacture of high-fidelity flight simulators and training systems for civil aviation, defense and security, and healthcare markets. Leveraging advanced software and hardware integration, CAE delivers comprehensive training solutions that address pilot proficiency, mission readiness and patient safety across a wide range of platforms.
In civil aviation, CAE partners with major airlines, aircraft manufacturers and flight schools to provide pilot training services, courseware development and crew scheduling solutions.
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