According to the most recent 13F filing that CAE INC made with the Securities and Exchange Commission, Artisan Partners Limited Partnership reduced its holdings in CAE INC (NYSE: CAE) (TSE: CAE) by 3.3% during the third quarter of 2018. Following the completion of the most recent quarter, the institutional investor now holds 7,923,056 shares of the aerospace company’s stock.
This comes from the sale of 273,582 shares of the company’s stock.
The most recent filing that Artisan Partners Limited Partnership made with the SEC revealed that the partnership owned approximately 2.49% of CAE at approximately $121,522,000.
Recently, several prominent investors have altered the interests they currently hold in the company due to recent transactions.
Parallel Advisors LLC’s ownership of CAE stock increased by 135.1% over the second quarter due to the company’s continued stock purchases.
During the most recent reporting period, Parallel Advisors LLC increased its stake in the aerospace business by 882 shares, bringing its total ownership of the company’s stock to 1,535, with a value of $38,000.
This brings the total number of shares the company owns to 1,535.
During the second quarter, U.S.
Bancorp DE achieved a 24.2% increase in the proportion of CAE stock it owned.
After purchasing 767 additional shares during the most recent quarter, U.S.
Bancorp DE now has a total of 3,937 shares of the aerospace company’s stock, which gives the holding company a market value of $98,000.
A 42.7% increase in the proportion of CAE shares that Mitsubishi UFJ Trust & Banking Corp. owns was achieved during the first three months of this year.
Mitsubishi UFJ Trust & Banking Corp. now holds 4,085 shares of the aerospace company’s stock due to the acquisition of an additional 1,223 shares during the most recent fiscal quarter.
These shares are currently believed to have a value of approximately $107,000. Quantbot Technologies L.P.
Initiated a new position in CAE shares during the third quarter of the fiscal year.
The shares had a value of approximately $119,000.
Last but not least, during the first quarter, Group One Trading L.P.
Bought approximately 180,000 additional shares of CAE, which resulted in an increase of its holdings by approximately 180,000 dollars.
Institutional investors hold 62.00% of the company’s stock today.
The compilation of available materials in stock includes reports from several research analysts who have each contributed their report. National Bank Financial stated their intention to reduce their price target for CAE shares from C$38.00 to C$33.00 in a research note published on November 2nd.
In a research note made public on December 12th, the recommendation on CAE shares that Morgan Stanley had previously given as “equal weight” was revised to “overweight.” Tuesday, November 22nd, was the date in question.
According to a research note that StockNews.com recently published, the website has upgraded its recommendation for CAE shares, moving them from “hold” to “buy.” In a research note released on Friday, November 11th, Scotiabank stated that they had increased their price objective on CAE shares from C$30.00 (Canadian) to C$35.00 (Canadian).
The price objective that The Goldman Sachs Group has placed on CAE shares has been reduced from $27.00 to $24.00, and the firm continues to have a “buy” rating.
This information was disclosed in a research note issued on Monday, November 14th. Six equity research experts have suggested to investors that they should purchase the stock, whereas only one has suggested that they continue to hold onto it.
The average recommendation for the company on Bloomberg.com is a “Moderate Buy,” and the company’s consensus price objective is $33.25.
On Friday, the price of each share on the NYSE CAE was $22.03 when trading began.
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