Mondrian Investment Partners LTD Has Cut Its Position in Cae INC (CAE) as Share Price Declined

April 17, 2018 - By Stephen Andrade

CAE Inc. (NYSE:CAE) LogoInvestors sentiment decreased to 1.19 in 2017 Q4. Its down 0.10, from 1.29 in 2017Q3. It worsened, as 10 investors sold CAE shares while 49 reduced holdings. 17 funds opened positions while 53 raised stakes. 128.20 million shares or 3.24% less from 132.48 million shares in 2017Q3 were reported. Acadian Asset Lc owns 79,180 shares. Invesco owns 649,447 shares. Lenox Wealth Mgmt Inc holds 173,822 shares. Financial Bank Of America Corp De invested 0% of its portfolio in CAE Inc. (NYSE:CAE). Us Savings Bank De reported 0% in CAE Inc. (NYSE:CAE). Assetmark Inc holds 138 shares. Hsbc Public Ltd Liability Co holds 0% or 166,054 shares in its portfolio. Massachusetts-based Account Management Ltd Liability has invested 3.17% in CAE Inc. (NYSE:CAE). Magnetar Fincl Limited Liability Company holds 0.01% or 18,795 shares in its portfolio. Ls Advsrs accumulated 130 shares or 0% of the stock. Moreover, Earnest Ptnrs Limited Liability Corp has 0% invested in CAE Inc. (NYSE:CAE) for 38 shares. Riverhead Mgmt Limited Liability Company accumulated 1,800 shares or 0% of the stock. Neuberger Berman Grp Ltd Liability holds 32,555 shares. 1832 Asset Lp, a Ontario – Canada-based fund reported 371,362 shares. 626,130 were accumulated by Jpmorgan Chase Co.

Mondrian Investment Partners Ltd decreased its stake in Cae Inc. (CAE) by 8.46% based on its latest 2017Q4 regulatory filing with the SEC. Mondrian Investment Partners Ltd sold 1.15M shares as the company’s stock declined 2.38% with the market. The institutional investor held 12.43M shares of the industrial machinery and components company at the end of 2017Q4, valued at $290.17 million, down from 13.58M at the end of the previous reported quarter. Mondrian Investment Partners Ltd who had been investing in Cae Inc. for a number of months, seems to be less bullish one the $5.06 billion market cap company. The stock increased 0.72% or $0.14 during the last trading session, reaching $19.62. About 64,567 shares traded. CAE Inc. (NYSE:CAE) has risen 20.70% since April 17, 2017 and is uptrending. It has outperformed by 9.15% the S&P500.

Analysts await CAE Inc. (NYSE:CAE) to report earnings on May, 30. They expect $0.24 earnings per share, up 4.35 % or $0.01 from last year’s $0.23 per share. CAE’s profit will be $61.92M for 20.44 P/E if the $0.24 EPS becomes a reality. After $0.22 actual earnings per share reported by CAE Inc. for the previous quarter, Wall Street now forecasts 9.09 % EPS growth.

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