Quadrant Capital Group LLC now owns 1,339 shares of the industrial products company's stock worth $102,000 after buying an additional 128 shares in the last quarter. Clearbridge Investments LLC lifted its position in Caterpillar by 0.3% during the 1st quarter.
Institutional investors now hold around $54.71 billion or 71.1% in CAT stock. Toth Financial Advisory Corp lifted its position in Caterpillar by 0.3% during the 2nd quarter. Morgan Stanley now owns 10,398,677 shares of the industrial products company's stock valued at $964,579,000 after buying an additional 1,365,856 shares during the period. Finally, Tarbox Family Office Inc. lifted its position in Caterpillar by 0.4% during the 2nd quarter. Acrospire Investment Management LLC now owns 1,000 shares of the industrial products company's stock valued at $107,000 after acquiring an additional 900 shares during the last quarter.
Caterpillar, Inc. has a 12 month low of $80.33 and a 12 month high of $140.44. (NYSE:CAT) have caught the attention of investors. Moving toward the technical facts, its current distance from 20-Day Simple Moving Average is 7.94% and standing 13.17% away from 50-Day Simple Moving Average while traded up 30.33% from 200-Day Simple Moving Average.
In the Asia Pacific region, Caterpillar's third-biggest, sales jumped 57 percent to $1.29 billion, boosted by demand from China. (NYSE:CAT) hit a new 52-week high during mid-day trading on Tuesday following a stronger than expected earnings report.
Third-quarter profit per share came in at $1.77, up drastically compared to $0.48 per share in the third quarter of 2016.
At the end of 06/30/2017 reporting period, 514 institutional holders increased their position in Caterpillar Inc.
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The telecom giant's third-quarter profit declined to $3.0 billion or $0.49 per share from $3.3 billion or $0.54 per share a year ago. During the same quarter in the previous year, the business earned $0.85 EPS. The firm's revenue was down 16.4% compared to the same quarter previous year. On average, equities analysts anticipate that Caterpillar will post $5.29 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 20th. Vetr raised shares of Caterpillar from a "sell" rating to a "hold" rating and set a $131.05 price objective for the company in a research report on Thursday, October 19th. The S&P 500 was up 3.5 points, or 0.1%, to 2,568. The stock's short float is around of 2.48% and short ratio is 4.07.
CAT has been the topic of several recent research reports. Macquarie Research upgraded the stock to "Outperform" rating in Tuesday, May 24 report. BidaskClub raised shares of Caterpillar from a "hold" rating to a "buy" rating in a research report on Saturday, July 1st. Credit Suisse Group restated a "hold" rating and set a $133.00 price objective on shares of Caterpillar in a report on Friday, September 22nd.
Relative strength index (RSI-14) for Caterpillar Inc. Two analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and fourteen have issued a buy rating to the company. BMO Capital Markets has "Hold" rating and $11000 target. "(CAT)" was first reported by StockNewsTimes and is the property of of StockNewsTimes. The legal version of this piece can be viewed at https://stocknewstimes.com/2017/10/25/proshare-advisors-llc-sells-35493-shares-of-caterpillar-inc-cat.html.
In related news, insider Suzette M. Long sold 13,859 shares of Caterpillar stock in a transaction dated Friday, August 4th.
In the transaction dated Jul. 27, 2017, the great number of shares disposed came courtesy the Group President; Johnson Denise C disposed a total of 88,969 shares at an average price of $124.77, amounting to approximately $11,100,662.