O Shaughnessy Asset Management LLC Has $12.42 Million Position in Cae Inc (CAE)

O Shaughnessy Asset Management LLC lifted its position in Cae Inc (NYSE:CAE) (TSE:CAE) by 5.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 617,973 shares of the aerospace company’s stock after acquiring an additional 30,635 shares during the period. O Shaughnessy Asset Management LLC’s holdings in CAE were worth $12,415,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. RNC Capital Management LLC acquired a new stake in CAE during the 2nd quarter worth approximately $208,000. Tower Research Capital LLC TRC raised its holdings in CAE by 3,246.2% during the 2nd quarter. Tower Research Capital LLC TRC now owns 10,641 shares of the aerospace company’s stock worth $222,000 after buying an additional 10,323 shares during the period. CLARET ASSET MANAGEMENT Corp acquired a new stake in CAE during the 3rd quarter worth approximately $311,000. Global Financial Private Capital LLC acquired a new stake in CAE during the 2nd quarter worth approximately $371,000. Finally, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp acquired a new stake in CAE during the 2nd quarter worth approximately $510,000. Institutional investors and hedge funds own 49.03% of the company’s stock.

Shares of CAE stock opened at $18.46 on Friday. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.05 and a current ratio of 1.42. The company has a market cap of $4.86 billion, a price-to-earnings ratio of 21.22, a P/E/G ratio of 1.94 and a beta of 0.79. Cae Inc has a 52 week low of $16.84 and a 52 week high of $21.70.

CAE (NYSE:CAE) (TSE:CAE) last announced its earnings results on Tuesday, August 14th. The aerospace company reported $0.26 EPS for the quarter, topping the consensus estimate of $0.20 by $0.06. The firm had revenue of $722.00 million for the quarter, compared to the consensus estimate of $729.04 million. CAE had a net margin of 12.36% and a return on equity of 13.48%. The business’s quarterly revenue was up 10.0% on a year-over-year basis. During the same period last year, the company posted $0.22 EPS. On average, analysts forecast that Cae Inc will post 0.94 EPS for the current year.

Several analysts have commented on CAE shares. Zacks Investment Research upgraded shares of CAE from a “hold” rating to a “buy” rating and set a $21.00 target price on the stock in a report on Tuesday, October 16th. ValuEngine upgraded shares of CAE from a “hold” rating to a “buy” rating in a report on Friday, September 7th.

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CAE Profile

CAE Inc, together with its subsidiaries, designs, manufactures, and supplies simulation equipment worldwide. It operates through three segments: Civil Aviation Training Solutions, Defence and Security, and Healthcare. The Civil Aviation Training Solutions segment provides training solutions for flight, cabin, maintenance, and ground personnel in commercial, business, and helicopter aviation; flight simulation training devices; and ab initio pilot training and crew sourcing services.

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Institutional Ownership by Quarter for CAE (NYSE:CAE)

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