CAE (USA) (CAE) : Lombard Odier Transatlantic Limited Partnership scooped up 500 additional shares in CAE (USA) during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 3,000 shares of CAE (USA) which is valued at $40,860.CAE (USA) makes up approximately 0.04% of Lombard Odier Transatlantic Limited Partnership’s portfolio.
Other Hedge Funds, Including , Gotham Asset Management reduced its stake in CAE by selling 7,297 shares or 17.29% in the most recent quarter. The Hedge Fund company now holds 34,903 shares of CAE which is valued at $475,379. CAE (USA) makes up approx 0.01% of Gotham Asset Management’s portfolio.Public Sector Pension Investment Board reduced its stake in CAE by selling 231,100 shares or 11.04% in the most recent quarter. The Hedge Fund company now holds 1,861,841 shares of CAE which is valued at $25,358,274. CAE (USA) makes up approx 0.31% of Public Sector Pension Investment Board’s portfolio.State Of Wisconsin Investment Board reduced its stake in CAE by selling 11,800 shares or 5.19% in the most recent quarter. The Hedge Fund company now holds 215,706 shares of CAE which is valued at $2,937,916. CAE (USA) makes up approx 0.01% of State Of Wisconsin Investment Board’s portfolio. Penserra Capital Management sold out all of its stake in CAE during the most recent quarter. The investment firm sold 4,260 shares of CAE which is valued $58,532.Proficio Capital Partners boosted its stake in CAE in the latest quarter, The investment management firm added 723 additional shares and now holds a total of 886 shares of CAE (USA) which is valued at $11,810. CAE (USA) makes up approx 0.01% of Proficio Capital Partners’s portfolio.
CAE (USA) opened for trading at $14.23 and hit $14.37 on the upside on Thursday, eventually ending the session at $14.27, with a gain of 0.28% or 0.04 points. The heightened volatility saw the trading volume jump to 64,431 shares. Company has a market cap of $3,835 M.
On the company’s financial health, CAE (USA) reported $0.26 EPS for the quarter, beating the analyst consensus estimate by $ 0.06 according to the earnings call on Aug 10, 2016. Analyst had a consensus of $0.20. The company had revenue of $651.60 million for the quarter, compared to analysts expectations of $626.71 million. The company’s revenue was up 17.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.19 EPS.
Investors should note that on Aug 10, 2016, CAE (USA) announced a cash dividend of $0.0800. The company’s management has announced Sep 13, 2016 as the ex-dividend date and fixed the record date on Sep 15, 2016. The payable date has been fixed on Sep 30, 2016.
Many Wall Street Analysts have commented on CAE (USA). CAE (USA) was Upgraded by Macquarie to ” Outperform” on May 27, 2016.
CAE Inc. provides training for the civil aviation defense and security and healthcare markets. The Company designs and integrates training solutions. The Company operates through three segments: Civil Aviation Training Solutions Defense and Security and Healthcare. It provides integrated training solutions to three markets such as the civil aviation market which includes aircraft manufacturers commercial airlines regional airlines business aircraft operators civil helicopter operators third-party training centers flight training organizations maintenance repair and overhaul organizations and aircraft finance leasing companies; the defense and security market which includes defense forces original equipment manufacturers (OEMs) government agencies and public safety organizations and the healthcare market which includes hospital and university simulation centers medical and nursing schools paramedic organizations defense forces medical societies and OEMs.