Cae INC (CAE) Holder Sandler Capital Management Has Upped Its Stake by $7.29 Million as Stock Rose

CAE Inc. (NYSE:CAE) LogoInvestors sentiment increased to 1.17 in 2019 Q2. Its up 0.08, from 1.09 in 2019Q1. It increased, as 11 investors sold CAE shares while 55 reduced holdings. 23 funds opened positions while 54 raised stakes. 135.41 million shares or 10.31% more from 122.75 million shares in 2019Q1 were reported. 1832 Asset Mgmt Lp reported 1.23M shares. Ubs Asset Management Americas has invested 0% in CAE Inc. (NYSE:CAE). Raymond James & accumulated 0% or 120,329 shares. Eqis has invested 0.34% in CAE Inc. (NYSE:CAE). 7.21M were reported by Fincl Bank Of Nova Scotia. Advisory Svcs Ltd Liability Corp holds 0% of its portfolio in CAE Inc. (NYSE:CAE) for 113 shares. Moreover, Wetherby Asset Mngmt has 0.04% invested in CAE Inc. (NYSE:CAE). Cibc Asset Mngmt has invested 0.03% in CAE Inc. (NYSE:CAE). Citigroup owns 59,633 shares. Nordea Mgmt holds 0.04% or 637,800 shares in its portfolio. First Advisors Lp owns 19,810 shares for 0% of their portfolio. 1,104 are owned by Riverhead Mngmt Limited Com. 188,918 are owned by Agf Invs. Amundi Pioneer Asset reported 121,913 shares. Bancorp Of America Corp De holds 0% or 352,207 shares.

Sandler Capital Management increased its stake in Cae Inc (CAE) by 77.9% based on its latest 2019Q2 regulatory filing with the SEC. Sandler Capital Management bought 280,434 shares as the company’s stock rose 16.16% . The hedge fund held 640,434 shares of the industrial machinery and components company at the end of 2019Q2, valued at $17.20M, up from 360,000 at the end of the previous reported quarter. Sandler Capital Management who had been investing in Cae Inc for a number of months, seems to be bullish on the $6.64 billion market cap company. The stock increased 0.16% or $0.04 during the last trading session, reaching $25.08. About 79,836 shares traded. CAE Inc. (NYSE:CAE) has risen 33.00% since September 13, 2018 and is uptrending. It has outperformed by 33.00% the S&P500.

Sandler Capital Management, which manages about $3.75 billion and $1.50 billion US Long portfolio, decreased its stake in Novanta Inc by 129,593 shares to 90,000 shares, valued at $8.49 million in 2019Q2, according to the filing. It also reduced its holding in Altria Group Inc (Put) (NYSE:MO) by 130,000 shares in the quarter, leaving it with 370,000 shares, and cut its stake in Electronic Arts Inc (NASDAQ:EA).

More notable recent CAE Inc. (NYSE:CAE) news were published by: Seekingalpha.com which released: “CAE Q4 2019 Earnings Preview – Seeking Alpha” on May 16, 2019, also Seekingalpha.com with their article: “CAE, Inc. (CAE) CEO Marc Parent on Q1 2020 Results – Earnings Call Transcript – Seeking Alpha” published on August 14, 2019, Fool.ca published: “Millennials: Target These TSX Stocks for the 2020s – The Motley Fool Canada” on August 29, 2019. More interesting news about CAE Inc. (NYSE:CAE) were released by: Seekingalpha.com and their article: “CAE declares CAD 0.11 dividend – Seeking Alpha” published on August 14, 2019 as well as Finance.Yahoo.com‘s news article titled: “CAE Inc (CAE) Q1 2020 Earnings Call Transcript – Yahoo Finance” with publication date: August 16, 2019.

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