Henry James International Management Inc. Sells 1,872 Shares of CAE Inc. (NYSE:CAE)

Henry James International Management Inc. decreased its position in CAE Inc. (NYSE:CAE) (TSE:CAE) by 1.0% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 181,409 shares of the aerospace company’s stock after selling 1,872 shares during the quarter. CAE accounts for approximately 1.5% of Henry James International Management Inc.’s holdings, making the stock its 21st biggest holding. Henry James International Management Inc. owned approximately 0.06% of CAE worth $3,917,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in CAE. Stonehage Fleming Financial Services Holdings Ltd bought a new stake in shares of CAE in the 3rd quarter worth about $29,000. Allworth Financial LP grew its holdings in CAE by 678.3% during the 3rd quarter. Allworth Financial LP now owns 1,541 shares of the aerospace company’s stock worth $36,000 after acquiring an additional 1,343 shares during the last quarter. EverSource Wealth Advisors LLC grew its holdings in CAE by 85.5% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 2,029 shares of the aerospace company’s stock worth $47,000 after acquiring an additional 935 shares during the last quarter. Pacifica Partners Inc. grew its holdings in CAE by 24.6% during the 4th quarter. Pacifica Partners Inc. now owns 4,013 shares of the aerospace company’s stock worth $81,000 after acquiring an additional 793 shares during the last quarter. Finally, PNC Financial Services Group Inc. grew its holdings in CAE by 24.9% during the 3rd quarter. PNC Financial Services Group Inc. now owns 7,063 shares of the aerospace company’s stock worth $165,000 after acquiring an additional 1,409 shares during the last quarter. Institutional investors own 67.36% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have commented on CAE. StockNews.com raised shares of CAE from a “hold” rating to a “buy” rating in a report on Tuesday, February 20th. Scotiabank lowered shares of CAE from a “sector outperform” rating to a “sector perform” rating in a report on Monday, January 22nd. Finally, The Goldman Sachs Group upped their target price on shares of CAE from $25.00 to $29.00 and gave the company a “buy” rating in a research report on Tuesday, April 16th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $34.75.

CAE Trading Up 1.4 %

CAE stock traded up $0.28 during trading hours on Friday, reaching $20.47. 315,743 shares of the company’s stock traded hands, compared to its average volume of 612,369. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.68 and a current ratio of 0.90. CAE Inc. has a fifty-two week low of $18.26 and a fifty-two week high of $25.04. The firm has a market capitalization of $6.52 billion, a price-to-earnings ratio of 31.98, a PEG ratio of 1.54 and a beta of 1.58. The firm’s 50 day moving average is $19.57 and its 200-day moving average is $20.31.

CAE (NYSE:CAE) (TSE:CAE) last announced its quarterly earnings results on Wednesday, February 14th. The aerospace company reported $0.18 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.18. The business had revenue of $804.01 million for the quarter, compared to the consensus estimate of $807.13 million. CAE had a net margin of 6.20% and a return on equity of 7.52%. On average, analysts predict that CAE Inc. will post 0.85 earnings per share for the current year.

CAE Company 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, Oceania and Africa, and Rest of Americas. It operates through three segments: Civil Aviation, Defense and Security, and Healthcare.