Barclays Plc Has Decreased Caterpillar INC Del (Put) (CAT) Holding by $7.98 Million as Stock Declined

May 17, 2018 - By Jimmy Baldridge

Caterpillar Inc. (NYSE:CAT) LogoInvestors sentiment increased to 1.13 in 2017 Q4. Its up 0.03, from 1.1 in 2017Q3. It increased, as 55 investors sold CAT shares while 401 reduced holdings. 162 funds opened positions while 352 raised stakes. 402.55 million shares or 0.18% more from 401.83 million shares in 2017Q3 were reported. Massachusetts-based Moors & Cabot has invested 0.39% in Caterpillar Inc. (NYSE:CAT). Tirschwell & Loewy Inc owns 6,125 shares or 0.14% of their US portfolio. Louisiana State Employees Retirement Systems, a Louisiana-based fund reported 36,000 shares. The Kentucky-based Teachers Retirement Of The State Of Kentucky has invested 0.12% in Caterpillar Inc. (NYSE:CAT). Next Century Growth Invsts Limited has 18,088 shares for 0.35% of their portfolio. Weiss Multi has invested 0.1% in Caterpillar Inc. (NYSE:CAT). Guggenheim Cap Ltd Co has 405,698 shares. Kanawha Mngmt Limited Liability Corp stated it has 26,915 shares or 0.62% of all its holdings. Prudential Fincl Inc has 997,436 shares for 0.21% of their portfolio. 6,300 are owned by Grantham Mayo Van Otterloo And Company Llc. Old National Comml Bank In reported 7,470 shares. Trust Inv Advsr has 13,130 shares. California State Teachers Retirement Sys invested in 966,500 shares. Twin Tree Mngmt Lp owns 0.02% invested in Caterpillar Inc. (NYSE:CAT) for 17,481 shares. Garrison Corporation has invested 0.21% of its portfolio in Caterpillar Inc. (NYSE:CAT).

Since January 30, 2018, it had 1 insider buy, and 4 sales for $23.72 million activity. Creed Joseph E also sold $705,496 worth of Caterpillar Inc. (NYSE:CAT) on Friday, May 11. On Monday, May 7 Pellette Thomas A sold $8.18 million worth of Caterpillar Inc. (NYSE:CAT) or 54,481 shares. The insider Long Suzette M sold 528 shares worth $84,723.

Barclays Plc decreased its stake in Caterpillar Inc Del (Put) (CAT) by 12.3% based on its latest 2017Q4 regulatory filing with the SEC. Barclays Plc sold 50,800 shares as the company’s stock declined 5.62% with the market. The institutional investor held 362,300 shares of the capital goods company at the end of 2017Q4, valued at $57.09 million, down from 413,100 at the end of the previous reported quarter. Barclays Plc who had been investing in Caterpillar Inc Del (Put) for a number of months, seems to be less bullish one the $91.89 billion market cap company. The stock decreased 0.07% or $0.11 during the last trading session, reaching $153.69. About 2.85M shares traded. Caterpillar Inc. (NYSE:CAT) has risen 60.63% since May 17, 2017 and is uptrending. It has outperformed by 49.08% the S&P500.

Barclays Plc, which manages about $122.49 billion US Long portfolio, upped its stake in Ctrip Com Intl Ltd (Put) (NASDAQ:CTRP) by 385,300 shares to 663,900 shares, valued at $29.28 million in 2017Q4, according to the filing. It also increased its holding in Aon Plc (NYSE:AON) by 456,034 shares in the quarter, for a total of 457,934 shares, and has risen its stake in Macys Inc (NYSE:M).

Analysts await Caterpillar Inc. (NYSE:CAT) to report earnings on July, 24. They expect $2.57 earnings per share, up 72.48 % or $1.08 from last year’s $1.49 per share. CAT’s profit will be $1.54B for 14.95 P/E if the $2.57 EPS becomes a reality. After $2.82 actual earnings per share reported by Caterpillar Inc. for the previous quarter, Wall Street now forecasts -8.87 % negative EPS growth.

More notable recent Caterpillar Inc. (NYSE:CAT) news were published by: Seekingalpha.com which released: “Buy Caterpillar On The Dip” on May 09, 2018, also 247Wallst.com with their article: “What to Watch For in Caterpillar’s Q1” published on April 23, 2018, Seekingalpha.com published: “Caterpillar: As Good As It Gets” on April 30, 2018. More interesting news about Caterpillar Inc. (NYSE:CAT) were released by: Seekingalpha.com and their article: “Caterpillar’s three-month rolling machine retail sales +28%” published on May 11, 2018 as well as Seekingalpha.com‘s news article titled: “The Real Significance Of Caterpillar’s ‘High Watermark’ Comment” with publication date: May 15, 2018.

Caterpillar Inc. (NYSE:CAT) Ratings Coverage

Among 21 analysts covering Caterpillar (NYSE:CAT), 14 have Buy rating, 0 Sell and 7 Hold. Therefore 67% are positive. Caterpillar had 42 analyst reports since December 5, 2017 according to SRatingsIntel. The stock of Caterpillar Inc. (NYSE:CAT) earned “Buy” rating by Tigress Financial on Friday, April 27. The rating was maintained by UBS with “Buy” on Wednesday, April 25. Robert W. Baird maintained the stock with “Hold” rating in Friday, April 13 report. On Tuesday, January 30 the stock rating was maintained by Tigress Financial with “Buy”. The stock has “Hold” rating by Bank of America on Thursday, May 3. The stock of Caterpillar Inc. (NYSE:CAT) earned “Neutral” rating by Daiwa Securities on Wednesday, April 25. The company was upgraded on Monday, April 23 by Citigroup. RBC Capital Markets maintained the stock with “Hold” rating in Wednesday, April 25 report. The stock of Caterpillar Inc. (NYSE:CAT) earned “Hold” rating by RBC Capital Markets on Tuesday, April 17. The stock of Caterpillar Inc. (NYSE:CAT) earned “Buy” rating by Bank of America on Friday, January 12.

Caterpillar Inc. (NYSE:CAT) Institutional Positions Chart

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