Mondrian Investment Partners Ltd buys $214,137,532 stake in CAE (USA) (CAE)

CAE (USA) (CAE) : Mondrian Investment Partners Ltd scooped up 981,915 additional shares in CAE (USA) during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 1, 2016. The investment management firm now holds a total of 16,284,223 shares of CAE (USA) which is valued at $214,137,532.CAE (USA) makes up approximately 5.07% of Mondrian Investment Partners Ltd’s portfolio.

Other Hedge Funds, Including , Uss Investment Management Ltd reduced its stake in CAE by selling 2,225 shares or 0.07% in the most recent quarter. The Hedge Fund company now holds 3,188,128 shares of CAE which is valued at $41,923,883. CAE (USA) makes up approx 0.69% of Uss Investment Management Ltd’s portfolio. Manitou Investment Management Ltd. sold out all of its stake in CAE during the most recent quarter. The investment firm sold 5,300 shares of CAE which is valued $70,649.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. Acadian Asset Management added CAE to its portfolio by purchasing 500 company shares during the most recent quarter which is valued at $6,495.

CAE (USA) opened for trading at $13.16 and hit $13.28 on the upside on Thursday, eventually ending the session at $13.16, with a gain of 0.08% or 0.01 points. The heightened volatility saw the trading volume jump to 43,192 shares. Company has a market cap of $3,544 M.

On the company’s financial health, CAE (USA) reported $0.27 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on May 19, 2016. Analyst had a consensus of $0.25. The company had revenue of $722.50 million for the quarter, compared to analysts expectations of $676.00 million. The company’s revenue was up 14.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.24 EPS.

Many Wall Street Analysts have commented on CAE (USA). CAE (USA) was Upgraded by Macquarie to ” Outperform” on May 27, 2016. CAE (USA) was Upgraded by National Bank Financial to ” Outperform” on May 6, 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.

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