CAE (USA) (CAE) : Lombard Odier Cie (canada) 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 0.14% of Lombard Odier Cie (canada) Limited Partnership’s portfolio.
Other Hedge Funds, Including , Aqr Capital Management reduced its stake in CAE by selling 40,309 shares or 27.89% in the most recent quarter. The Hedge Fund company now holds 104,209 shares of CAE which is valued at $1,419,327. Camarda Financial Advisors sold out all of its stake in CAE during the most recent quarter. The investment firm sold 400 shares of CAE which is valued $5,448.Thompson Davis reduced its stake in CAE by selling 8,000 shares or 74.42% in the most recent quarter. The Hedge Fund company now holds 2,750 shares of CAE which is valued at $36,658. CAE (USA) makes up approx 0.06% of Thompson Davis’s portfolio.Deprince Race Zollo Inc reduced its stake in CAE by selling 1,660 shares or 4.13% in the most recent quarter. The Hedge Fund company now holds 38,500 shares of CAE which is valued at $502,810. CAE (USA) makes up approx 0.01% of Deprince Race Zollo Inc’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.