Caterpillar INC Del (CAT) Stock Value Rose While Stevens Capital Management LP Has Boosted by $18.49 Million Its Position

January 14, 2018 - By Nellie Frank

Investors sentiment increased to 1.1 in Q3 2017. Its up 0.14, from 0.96 in 2017Q2. It is positive, as 50 investors sold CAT shares while 377 reduced holdings. 125 funds opened positions while 344 raised stakes. 401.83 million shares or 0.39% less from 403.41 million shares in 2017Q2 were reported. Shelter Ins Retirement Plan owns 3.94% invested in Caterpillar Inc. (NYSE:CAT) for 67,800 shares. Pinnacle Associate holds 0.13% or 55,184 shares. Iron Ltd Liability Com stated it has 0.15% in Caterpillar Inc. (NYSE:CAT). Nippon Life Global Americas Incorporated holds 54,380 shares or 0.58% of its portfolio. Ray Gerald L And Ltd has 28,333 shares for 0.44% of their portfolio. 255,000 are held by Scopus Asset Management Limited Partnership. 133,171 are held by Fincl Counselors. Winslow Evans & Crocker Inc holds 1,540 shares. Strs Ohio stated it has 0.17% in Caterpillar Inc. (NYSE:CAT). 126,766 were reported by Braun Stacey Associates. Oarsman Cap Incorporated has 4,255 shares for 0.22% of their portfolio. Dearborn Ptnrs Ltd Liability reported 0.49% stake. Atria Investments Ltd Liability Com holds 0.18% or 26,939 shares. Burke Herbert Bancorp Tru stated it has 0.42% in Caterpillar Inc. (NYSE:CAT). Nebraska-based Farmers & Merchants has invested 0.05% in Caterpillar Inc. (NYSE:CAT).

Since August 4, 2017, it had 0 buys, and 3 selling transactions for $2.32 million activity. The insider Long Suzette M sold $1.58M. 1,572 Caterpillar Inc. (NYSE:CAT) shares with value of $216,276 were sold by De Lange Bob.

Matthew Tewksbury increased its stake in Caterpillar Inc Del (CAT) by 101.29% based on its latest 2017Q3 regulatory filing with the SEC. Stevens Capital Management Lp bought 149,093 shares as the company’s stock rose 3.62% with the market. The hedge fund run by Matthew Tewksbury held 296,281 shares of the capital goods company at the end of 2017Q3, valued at $36.95 million, up from 147,188 at the end of the previous reported quarter. Stevens Capital Management Lp who had been investing in Caterpillar Inc Del for a number of months, seems to be bullish on the $101.32B market cap company. The stock increased 0.65% or $1.1 during the last trading session, reaching $170.3. About 4.13 million shares traded or 5.50% up from the average. Caterpillar Inc. (NYSE:CAT) has risen 47.53% since January 14, 2017 and is uptrending. It has outperformed by 30.83% the S&P500.

Stevens Capital Management Lp, which manages about $6.88 billion and $2.69B US Long portfolio, decreased its stake in Adobe Sys Inc (NASDAQ:ADBE) by 124,029 shares to 8,806 shares, valued at $1.31M in 2017Q3, according to the filing. It also reduced its holding in Campbell Soup Co (NYSE:CPB) by 131,868 shares in the quarter, leaving it with 23,090 shares, and cut its stake in Unilever N V (NYSE:UN).

More important recent Caterpillar Inc. (NYSE:CAT) news were published by: Fool.com which released: “There Was More to Caterpillar Inc. Stock’s 11.6% Jump in December Than You …” on January 08, 2018, also Investorplace.com published article titled: “Caterpillar Inc. Has Finally Reached a Top”, Seekingalpha.com published: “Caterpillar Will Soon Reward Patient Shareholders” on December 18, 2017. More interesting news about Caterpillar Inc. (NYSE:CAT) was released by: Jsonline.com and their article: “Caterpillar consolidating all operations in South Milwaukee north of Rawson Avenue” with publication date: January 11, 2018.

Caterpillar Inc. (NYSE:CAT) Ratings Coverage

Among 30 analysts covering Caterpillar Inc. (NYSE:CAT), 13 have Buy rating, 4 Sell and 13 Hold. Therefore 43% are positive. Caterpillar Inc. had 104 analyst reports since July 27, 2015 according to SRatingsIntel. Stifel Nicolaus maintained it with “Hold” rating and $145 target in Wednesday, October 25 report. The firm earned “Neutral” rating on Monday, April 25 by Goldman Sachs. Deutsche Bank maintained the shares of CAT in report on Wednesday, October 25 with “Hold” rating. The company was maintained on Monday, December 7 by Goldman Sachs. Bank of America maintained Caterpillar Inc. (NYSE:CAT) on Friday, May 26 with “Buy” rating. Jefferies maintained Caterpillar Inc. (NYSE:CAT) rating on Friday, March 18. Jefferies has “Hold” rating and $69 target. OTR Global downgraded the shares of CAT in report on Monday, September 19 to “Mixed” rating. William Blair downgraded Caterpillar Inc. (NYSE:CAT) on Friday, September 25 to “Market Perform” rating. The firm has “Neutral” rating given on Friday, September 25 by Bank of America. The stock of Caterpillar Inc. (NYSE:CAT) has “Outperform” rating given on Thursday, September 14 by BMO Capital Markets.

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