Caterpillar (CAT) Holder Mitsubishi Ufj Trust & Banking Corp Upped Its Holding

December 7, 2017 - By Michael Collier

Investors sentiment increased to 0.96 in 2017 Q2. Its up 0.25, from 0.71 in 2017Q1. It is positive, as 51 investors sold CAT shares while 382 reduced holdings. 110 funds opened positions while 307 raised stakes. 403.41 million shares or 1.48% less from 409.46 million shares in 2017Q1 were reported. Wetherby Asset Inc holds 9,369 shares. Massmutual Tru Fsb Adv owns 0% invested in Caterpillar Inc. (NYSE:CAT) for 317 shares. Aull & Monroe Management Corporation reported 36,368 shares. Boston Private Wealth Limited Liability reported 0.1% stake. Mutual Of America Cap Management Ltd owns 0.13% invested in Caterpillar Inc. (NYSE:CAT) for 71,762 shares. Geode Management Ltd Liability Corporation has 0.23% invested in Caterpillar Inc. (NYSE:CAT). Zwj Inv Counsel owns 3,592 shares or 0.03% of their US portfolio. 7,514 were reported by Alpha Cubed Invests Limited Liability Corp. Trillium Asset Mgmt Limited Liability holds 2,435 shares. Doheny Asset Management Ca accumulated 2,226 shares. Tide Point Cap LP holds 4.5% or 735,756 shares in its portfolio. Royal Retail Bank Of Canada holds 0.12% or 2.09M shares. Systematic Management Lp accumulated 22,172 shares. Taurus Asset Limited Liability Co accumulated 3,768 shares. Warren Averett Asset Management Limited holds 0.19% or 7,224 shares in its portfolio.

Mitsubishi Ufj Trust & Banking Corp increased its stake in Caterpillar (CAT) by 3.29% based on its latest 2017Q2 regulatory filing with the SEC. Mitsubishi Ufj Trust & Banking Corp bought 38,722 shares as the company’s stock rose 3.62% with the market. The institutional investor held 1.22 million shares of the capital goods company at the end of 2017Q2, valued at $130.73 million, up from 1.18M at the end of the previous reported quarter. Mitsubishi Ufj Trust & Banking Corp who had been investing in Caterpillar for a number of months, seems to be bullish on the $85.01 billion market cap company. The stock increased 1.82% or $2.55 during the last trading session, reaching $142.89. About 2.96 million shares traded. Caterpillar Inc. (NYSE:CAT) has risen 47.53% since December 7, 2016 and is uptrending. It has outperformed by 30.83% the S&P500.

Mitsubishi Ufj Trust & Banking Corp, which manages about $51.75B US Long portfolio, decreased its stake in Federal Realty Invt (NYSE:FRT) by 24,598 shares to 153,269 shares, valued at $19.37 million in 2017Q2, according to the filing. It also reduced its holding in Paccar Inc (NASDAQ:PCAR) by 301,856 shares in the quarter, leaving it with 714,380 shares, and cut its stake in Alliance Data System (NYSE:ADS).

More recent Caterpillar Inc. (NYSE:CAT) news were published by: Seekingalpha.com which released: “Caterpillar: Is $180 On The Way?” on November 16, 2017. Also Investorplace.com published the news titled: “Caterpillar Inc. Is Ready to Roar Once More” on November 27, 2017. Fool.com‘s news article titled: “Here’s How Caterpillar Inc. Crushed It in 2017” with publication date: November 25, 2017 was also an interesting one.

Caterpillar Inc. (NYSE:CAT) Ratings Coverage

Among 29 analysts covering Caterpillar Inc. (NYSE:CAT), 12 have Buy rating, 4 Sell and 13 Hold. Therefore 41% are positive. Caterpillar Inc. had 95 analyst reports since July 27, 2015 according to SRatingsIntel. The stock of Caterpillar Inc. (NYSE:CAT) earned “Buy” rating by Argus Research on Tuesday, April 26. Tigress Financial maintained Caterpillar Inc. (NYSE:CAT) on Monday, October 30 with “Buy” rating. On Wednesday, July 26 the stock rating was maintained by RBC Capital Markets with “Hold”. The company was maintained on Friday, September 25 by Bank of America. Citigroup maintained it with “Neutral” rating and $70 target in Friday, September 25 report. The stock has “Sell” rating by S&P Research on Friday, October 23. The firm has “Neutral” rating by Robert W. Baird given on Wednesday, October 25. BMO Capital Markets maintained Caterpillar Inc. (NYSE:CAT) on Friday, September 8 with “Buy” rating. Argus Research maintained the shares of CAT in report on Thursday, October 26 with “Buy” rating. Wells Fargo maintained Caterpillar Inc. (NYSE:CAT) on Monday, October 16 with “Buy” rating.

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