Time to Reconsider Cae Incorporated (NYSE:CAE) After Less Short Sellers?

September 17, 2017 - By Kurt Siggers

 Time to Reconsider Cae Incorporated (NYSE:CAE) After Less Short Sellers?

Investors sentiment increased to 1.54 in 2016 Q4. Its up 0.54, from 1 in 2016Q3. It increased, as 8 investors sold Cae Inc (USA) shares while 40 reduced holdings. 21 funds opened positions while 53 raised stakes. 143.60 million shares or 2.58% less from 147.41 million shares in 2016Q3 were reported.
Credit Agricole S A stated it has 0.01% of its portfolio in Cae Inc (USA) (NYSE:CAE). Moreover, Morgan Stanley has 0.01% invested in Cae Inc (USA) (NYSE:CAE). Toronto Dominion Bankshares accumulated 1.34M shares or 0.06% of the stock. Parametric Port Associate Llc reported 197,917 shares or 0% of all its holdings. Guggenheim Capital Ltd Co reported 13,600 shares or 0% of all its holdings. Great West Life Assurance Can reported 0.04% stake. The South Africa-based Old Mutual Customised Solutions (Proprietary) Ltd has invested 0.02% in Cae Inc (USA) (NYSE:CAE). State Of Wisconsin Board stated it has 208,106 shares or 0.01% of all its holdings. Caisse De Depot Et Placement Du Quebec, Quebec – Canada-based fund reported 4.38M shares. United Serv Automobile Association reported 0% stake. Manufacturers Life Comm The accumulated 425,398 shares. Meag Munich Ergo Kapitalanlagegesellschaft Mbh, a Germany-based fund reported 80,000 shares. Jpmorgan Chase And accumulated 505,209 shares. Numeric Limited Liability holds 0.01% or 78,000 shares. Cramer Rosenthal Mcglynn Ltd Com invested 0.02% of its portfolio in Cae Inc (USA) (NYSE:CAE).

The stock of Cae Incorporated (NYSE:CAE) registered a decrease of 65.43% in short interest. CAE’s total short interest was 34,400 shares in September as published by FINRA. Its down 65.43% from 99,500 shares, reported previously. With 267,100 shares average volume, it will take short sellers 0 days to cover their CAE’s short positions. The short interest to Cae Incorporated’s float is 0.01%.

The stock increased 1.04% or $0.17 on September 15, reaching $16.45. About 300,330 shares traded or 6.09% up from the average. Cae Inc (USA) (NYSE:CAE) has risen 26.75% since September 17, 2016 and is uptrending. It has outperformed by 10.05% the S&P500.

CAE Inc. provides training for the civil aviation, defense and security, and healthcare markets. The company has market cap of $4.42 billion. The Firm creates and integrates training solutions. It has a 21.89 P/E ratio. It operates through three divisions: Civil Aviation Training Solutions, Defense and Security, and Healthcare.

Cae Inc (USA) (NYSE:CAE) Ratings Coverage

Among 9 analysts covering CAE Inc. (NYSE:CAE), 5 have Buy rating, 1 Sell and 3 Hold. Therefore 56% are positive. CAE Inc. had 16 analyst reports since August 13, 2015 according to SRatingsIntel. The stock of Cae Inc (USA) (NYSE:CAE) earned “Hold” rating by Zacks on Wednesday, August 26. BMO Capital Markets upgraded Cae Inc (USA) (NYSE:CAE) on Wednesday, August 30 to “Outperform” rating. The stock of Cae Inc (USA) (NYSE:CAE) earned “Market Perform” rating by BMO Capital Markets on Friday, May 20. Macquarie Research upgraded Cae Inc (USA) (NYSE:CAE) on Friday, May 27 to “Outperform” rating. Zacks downgraded the shares of CAE in report on Tuesday, September 22 to “Sell” rating. The stock of Cae Inc (USA) (NYSE:CAE) has “Sector Perform” rating given on Friday, November 11 by RBC Capital Markets. The rating was upgraded by Desjardins Securities on Thursday, August 13 to “Buy”. The rating was upgraded by IBC on Monday, January 4 to “Outperform”. The stock of Cae Inc (USA) (NYSE:CAE) has “Hold” rating given on Tuesday, September 1 by Zacks. As per Friday, November 11, the company rating was downgraded by IBC.

Another recent and important Cae Inc (USA) (NYSE:CAE) news was published by Marketwired.com which published an article titled: “CAE USA celebrates grand opening of Dothan Training Center in Alabama” on March 06, 2017.

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