CAE Inc. (NYSE:CAE) Shares Bought by Hantz Financial Services Inc.

Hantz Financial Services Inc. increased its stake in CAE Inc. (NYSE:CAE) (TSE:CAE) by 4.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 95,302 shares of the aerospace company’s stock after buying an additional 3,741 shares during the quarter. Hantz Financial Services Inc.’s holdings in CAE were worth $2,419,000 as of its most recent filing with the SEC.

Other hedge funds have also modified their holdings of the company. IHT Wealth Management LLC grew its position in CAE by 3.7% in the third quarter. IHT Wealth Management LLC now owns 22,690 shares of the aerospace company’s stock valued at $425,000 after acquiring an additional 802 shares in the last quarter. Cromwell Holdings LLC grew its holdings in CAE by 103.4% during the 3rd quarter. Cromwell Holdings LLC now owns 1,800 shares of the aerospace company’s stock valued at $34,000 after purchasing an additional 915 shares in the last quarter. Allworth Financial LP increased its stake in CAE by 26.1% during the 3rd quarter. Allworth Financial LP now owns 6,408 shares of the aerospace company’s stock worth $120,000 after buying an additional 1,327 shares during the period. US Bancorp DE lifted its holdings in CAE by 28.9% in the 3rd quarter. US Bancorp DE now owns 8,052 shares of the aerospace company’s stock worth $151,000 after buying an additional 1,803 shares in the last quarter. Finally, Addenda Capital Inc. boosted its position in CAE by 0.5% in the 4th quarter. Addenda Capital Inc. now owns 398,803 shares of the aerospace company’s stock valued at $10,122,000 after buying an additional 2,110 shares during the last quarter. 67.36% of the stock is currently owned by hedge funds and other institutional investors.

CAE Stock Performance

CAE stock opened at $24.39 on Friday. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.84 and a quick ratio of 0.59. CAE Inc. has a 12 month low of $15.95 and a 12 month high of $25.53. The company has a fifty day moving average price of $23.93 and a two-hundred day moving average price of $20.32. The company has a market cap of $7.80 billion, a PE ratio of -31.68, a P/E/G ratio of 1.81 and a beta of 1.72.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the company. TD Securities lowered CAE from a “buy” rating to a “hold” rating in a research report on Monday, January 6th. StockNews.com upgraded CAE from a “hold” rating to a “buy” rating in a report on Thursday, November 14th. National Bank Financial cut CAE from an “outperform” rating to a “sector perform” rating in a research note on Wednesday, January 22nd. Cibc World Mkts lowered shares of CAE from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 4th. Finally, Desjardins upgraded shares of CAE from a “hold” rating to a “buy” rating in a research note on Monday, December 23rd. Seven research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat, CAE presently has an average rating of “Hold” and a consensus price target of $25.00.

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, 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.