Cae Inc (NYSE:CAE) (TSE:CAE)’s stock price hit a new 52-week high during trading on Tuesday . The company traded as high as $29.99 and last traded at $29.63, with a volume of 225000 shares changing hands. The stock had previously closed at $29.63.

A number of brokerages have recently commented on CAE. Zacks Investment Research downgraded CAE from a “buy” rating to a “hold” rating in a research report on Tuesday, January 14th. ValuEngine downgraded CAE from a “buy” rating to a “hold” rating in a research report on Wednesday, October 2nd. Eight research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $34.20.

The firm has a market cap of $7.88 billion, a PE ratio of 31.17, a P/E/G ratio of 2.88 and a beta of 0.79. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.18 and a quick ratio of 0.84. The stock has a 50-day moving average price of $27.20 and a 200 day moving average price of $26.29.

CAE (NYSE:CAE) (TSE:CAE) last announced its quarterly earnings data on Wednesday, November 13th. The aerospace company reported $0.28 EPS for the quarter, beating the Zacks’ consensus estimate of $0.19 by $0.09. The business had revenue of $896.80 million during the quarter, compared to the consensus estimate of $850.51 million. CAE had a return on equity of 14.44% and a net margin of 9.41%. The business’s revenue for the quarter was up 20.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.23 earnings per share. As a group, equities research analysts anticipate that Cae Inc will post 1.03 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were given a dividend of $0.084 per share. This represents a $0.34 dividend on an annualized basis and a yield of 1.15%. The ex-dividend date of this dividend was Thursday, December 12th. This is an increase from CAE’s previous quarterly dividend of $0.08. CAE’s payout ratio is 34.74%.

Hedge funds have recently bought and sold shares of the business. NEXT Financial Group Inc grew its position in CAE by 113.8% during the fourth quarter. NEXT Financial Group Inc now owns 1,114 shares of the aerospace company’s stock valued at $29,000 after acquiring an additional 593 shares during the period. Accurate Investment Solutions Inc. grew its position in CAE by 302.6% during the fourth quarter. Accurate Investment Solutions Inc. now owns 2,959 shares of the aerospace company’s stock valued at $78,000 after acquiring an additional 2,224 shares during the period. Parallel Advisors LLC grew its position in CAE by 8.9% during the third quarter. Parallel Advisors LLC now owns 5,839 shares of the aerospace company’s stock valued at $148,000 after acquiring an additional 477 shares during the period. Ladenburg Thalmann Financial Services Inc. grew its position in CAE by 32.5% during the second quarter. Ladenburg Thalmann Financial Services Inc. now owns 7,227 shares of the aerospace company’s stock valued at $194,000 after acquiring an additional 1,774 shares during the period. Finally, Paloma Partners Management Co purchased a new stake in CAE during the second quarter valued at about $217,000. 49.12% of the stock is owned by hedge funds and other institutional investors.

CAE Company Profile (NYSE:CAE)

CAE Inc, together with its subsidiaries, provides training solutions for the civil aviation, defence and security, and healthcare markets worldwide. The company's Civil Aviation Training Solutions segment provides training solutions for flight, cabin, maintenance, and ground personnel in commercial, business, and helicopter aviation; flight simulation training devices; and ab initio pilot training and crew sourcing services.

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