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Stock Holdings of CAE Inc. (NYSE:CAE) Mn Services Vermogensbeheer B.V. lowered the price.

Stock Holdings of CAE Inc. (NYSE:CAE) Mn Services Vermogensbeheer B.V. lowered the price.

Mn Services Vermogensbeheer B.V. reduced its holdings in CAE Inc. (NYSE: CAE) (TSE: CAE) during the third quarter by 5.5%, as stated in the most recent 13F filing the company submitted to the Securities and Exchange Commission. The corporation’s interests in the aerospace company were brought down to 176,088 shares due to the sale of 10,300 shares throughout the time frame. Mn Services Vermogensbeheer B.V. owned approximately 0.06% of CAE after the most recent reporting period, with a value of $2,716,000.

Over the past few years, several other notable investors have cut back on the amount of stock they own in the company. During the second quarter, Mackenzie Financial Corporation completed a 13.8% increase in the proportion of CAE stock that it owned. Mackenzie Financial Corp. now has 28,687,497 shares of the aerospace company’s stock, which has a value of $706,936,000 after purchasing an additional 3,475,162 shares during the period in question. This gives the stock a market capitalization of $706,936,000. Wasatch Advisors Inc. increased its investment to approximately $58,679,000 by adding a new CAE to its staff during the first quarter, bringing the total amount of the company’s investments to a new high. Clearbridge Investments LLC increased its ownership of CAE during the second quarter by purchasing additional shares, bringing the total amount of the company’s investment to approximately $44,040,000. During the second quarter, Artisan Partners Limited Partnership achieved a 27.2% increase in the proportion of CAE stock it owned. Artisan Partners Limited Partnership now has 8,196,638 shares of the aerospace company’s stock, which are currently valued at $201,937,000 following the purchase of an additional 1,750,544 shares during the most recent period.

Last but not least, during the second quarter, the percentage of CAE shares that the Bank of Montreal owned increased by 27.9%. Bank of Montreal now has a total of 5,399,139 shares of stock in the aerospace company after purchasing an additional 1,178,565 shares during the period in question. These shares are currently worth a total of $135,053,000 as of right now. Institutional investors and hedge funds collectively hold 62.00% of the total number of shares in the company, making up the majority of the shareholders.

In recent times, several brokerages have shown interest in CAE as an investment option. On Monday, December 12, Morgan Stanley upgraded its rating on CAE shares from “equal weight” to “overweight.” Before this, the rating had been “equal weight.” National Bank Financial stated in a research note published on November 2 that they would be reducing their price objective on CAE shares from C$38.00 to C$33.00. Goldman Sachs Group decreased its price objective on CAE shares from $27.00 to $24.00 in a research study that was made public on November 14. Despite this change, Goldman Sachs Group maintained its “buy” rating on the stock. It was decided to publish the report. The price objective that Scotiabank has set for CAE shares has increased from C$30.00 to C$35.00 due to an announcement made in a research note published on Friday, November 11. StockNews.com upgraded its rating on shares of CAE from a “hold” rating to a “buy” rating in a research report published on Tuesday, November 22. The report was published on StockNews.com. This change was implemented as a reaction to the most recent occurrences. Five analysts have recommended purchasing the company’s stock, while only one of the experts suggested that investors maintain their current security holdings. The current average rating for CAE stock, as reported by Bloomberg, is “Moderate Buy,” and the company’s price objective is $33.25, according to Bloomberg.

On Tuesday, trading on the NYSE CAE got underway, with each share priced at $21.11 at the opening bell. According to the simple moving average of the previous 200 trading days, the stock price is currently $20.32, and according to the simple moving average of the previous 50 trading days, the price is currently $20.44. The company currently carries a price-to-earnings ratio of 68.10, a price-to-earnings-growth ratio of 2.63, and a beta value of 1.63. Its market capitalization is currently valued at $6.71 billion. Currently, the debt-to-equity ratio stands at 0.73, the quick ratio stands at 0.76, and the current ratio stands at 1.03. Throughout the pr

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