Mufg Securities Canada LTD. Has $12.35 Million Stock Position in CAE Inc. (NYSE:CAE)

Mufg Securities Canada LTD. boosted its position in CAE Inc. (NYSE:CAE) (TSE:CAE) by 72.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 486,839 shares of the aerospace company’s stock after buying an additional 203,924 shares during the quarter. Mufg Securities Canada LTD. owned approximately 0.15% of CAE worth $12,354,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Bank of Montreal Can boosted its stake in shares of CAE by 1.6% during the 3rd quarter. Bank of Montreal Can now owns 5,057,860 shares of the aerospace company’s stock worth $93,446,000 after buying an additional 77,489 shares during the last quarter. Hantz Financial Services Inc. boosted its position in CAE by 1.4% during the third quarter. Hantz Financial Services Inc. now owns 91,561 shares of the aerospace company’s stock valued at $1,717,000 after purchasing an additional 1,223 shares during the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp grew its stake in CAE by 130.4% in the third quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 102,350 shares of the aerospace company’s stock valued at $1,921,000 after purchasing an additional 57,924 shares in the last quarter. Benjamin Edwards Inc. bought a new stake in shares of CAE during the 3rd quarter worth approximately $249,000. Finally, Centiva Capital LP acquired a new stake in shares of CAE in the 3rd quarter valued at approximately $197,000. Institutional investors own 67.36% of the company’s stock.

CAE Price Performance

CAE stock opened at $25.54 on Wednesday. The company has a market capitalization 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 stock’s 50 day moving average is $24.45 and its 200-day moving average is $22.17. The company has a current ratio of 0.86, a quick ratio of 0.63 and a debt-to-equity ratio of 0.70. CAE Inc. has a 12 month low of $15.95 and a 12 month high of $27.62.

CAE (NYSE:CAE) (TSE:CAE) last issued its quarterly earnings data on Thursday, February 13th. The aerospace company reported $0.21 EPS for the quarter, beating analysts’ consensus estimates 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 research analysts expect that CAE Inc. will post 0.83 EPS for the current year.

Wall Street Analyst Weigh In

CAE has been the topic of a number of recent analyst reports. National Bank Financial downgraded shares of CAE from an “outperform” rating to a “sector perform” rating in a report on Wednesday, January 22nd. StockNews.com raised shares of CAE from a “hold” rating to a “buy” rating in a report on Wednesday, February 19th. The Goldman Sachs Group lifted their price target on CAE from $28.00 to $32.00 and gave the stock a “buy” rating in a report on Tuesday, February 18th. Desjardins upgraded CAE from a “hold” rating to a “buy” rating in a research note on Monday, December 23rd. Finally, Royal Bank of Canada reiterated an “outperform” rating and set a $43.00 target price on shares of CAE in a research note on Wednesday, March 12th. Eight research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target 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.