Cascade Corp (NYSE:CAE) Institutional Investors Sentiment Index Falls in 2017 Q4

May 21, 2018 - By Marguerite Chambers

CAE Inc. (NYSE:CAE) Logo

Sentiment for Cascade Corp (NYSE:CAE)

Cascade Corp (NYSE:CAE) institutional sentiment decreased to 1.19 in 2017 Q4. Its down -0.10, from 1.29 in 2017Q3. The ratio fall, as 70 active investment managers started new or increased equity positions, while 59 reduced and sold their stock positions in Cascade Corp. The active investment managers in our partner’s database now hold: 128.20 million shares, down from 132.48 million shares in 2017Q3. Also, the number of active investment managers holding Cascade Corp in their top 10 equity positions was flat from 2 to 2 for the same number . Sold All: 10 Reduced: 49 Increased: 53 New Position: 17.

CAE Inc., together with its subsidiaries, designs, makes, and supplies simulation equipment worldwide. The company has market cap of $5.23 billion. It operates in three divisions: Civil Aviation Training Solutions, Defence and Security, and Healthcare. It has a 21.52 P/E ratio. The 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.

The stock increased 0.78% or $0.15 during the last trading session, reaching $19.45. About 16,584 shares traded. CAE Inc. (NYSE:CAE) has risen 20.70% since May 21, 2017 and is uptrending. It has outperformed by 9.15% the S&P500.

Analysts await CAE Inc. (NYSE:CAE) to report earnings on May, 25 before the open. They expect $0.24 EPS, up 4.35 % or $0.01 from last year’s $0.23 per share. CAE’s profit will be $64.52 million for 20.26 P/E if the $0.24 EPS becomes a reality. After $0.22 actual EPS reported by CAE Inc. for the previous quarter, Wall Street now forecasts 9.09 % EPS growth.

Mondrian Investment Partners Ltd holds 7.06% of its portfolio in CAE Inc. for 12.43 million shares. Account Management Llc owns 196,750 shares or 3.17% of their US portfolio. Moreover, Nexus Investment Management Inc. has 2.62% invested in the company for 946,659 shares. The Quebec – Canada-based Jarislowsky Fraser Ltd has invested 1.34% in the stock. Connor Clark & Lunn Investment Management Ltd., a British Columbia – Canada-based fund reported 9.89 million shares.

More recent CAE Inc. (NYSE:CAE) news were published by: Fool.ca which released: “Here Is Why BlackBerry Ltd. and CAE Inc. Need to Be in Your Portfolio” on May 04, 2018. Also Bizjournals.com published the news titled: “Tampa’s CAE USA is planning 100 worker expansion” on May 10, 2018. Fool.ca‘s news article titled: “Geopolitical Tensions Could Push These 2 Stocks Higher in May” with publication date: May 14, 2018 was also an interesting one.

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