Credit Suisse Group Reaffirms "Outperform" Rating for Caterpillar (CAT)

Share

$86.32 billion is the MC of Caterpillar Inc Del (Put). The stock increased 0.48% or $0.74 during the last trading session, reaching $153.99. The rosier guidance exceeds Reuters economists' expected range of between $8.39 and $10.60 a share. Caterpillar Inc. (NYSE:CAT) has risen 60.63% since April 24, 2017 and is uptrending. The stock outperformed the S&P500 by 49.08%. NGVT's SI was 467,800 shares in April as released by FINRA. Its up 141.64% from 58,600 shares previously. With 196,100 avg volume, 2 days are for Ingevity Corporation (NYSE:NGVT)'s short sellers to cover NGVT's short positions. It closed at $75.52 lastly. It has underperformed by 21.64% the S&P500.

Symphony Asset Management Llc decreased Radian Group Inc Com (NYSE:RDN) stake by 35,588 shares to 14,580 valued at $301,000 in 2017Q4. For a total of 175,700 shares it increased its holding in Royal Caribbean Cruises Ltd (Put) (NYSE:RCL) by 92,400 shares in the quarter, and has risen its stake in 2U Inc (Call) (NASDAQ:TWOU). Juniper Networks Inc Com (NYSE:JNPR) was reduced too.

Investors sentiment increased to 1.13 in Q4 2017. It has change of 0.03, from 2017Q3's 1.1. It improved, as 55 investors sold CAT shares while 401 reduced holdings. 402.55 million shares or 0.18% more from 401.83 million shares in 2017Q3 were reported. Blair William & Communications Il holds 223,125 shares. 652 were reported by Enterprise Fincl Services.

At the end of 12/31/2017 reporting period, 755 institutional holders increased their position in Caterpillar Inc. 44 are the (NYSE:CAT)'s ratings reports on April 24, 2018 according to StockzIntelligence Inc. (NYSE:W). Fmr holds 0.08% or 8.48M shares in its portfolio. Tiverton Asset Mgmt Ltd Liability Co invested in 0.1% or 9,997 shs. Amundi Pioneer Asset Management has 0.23% invested in Caterpillar Inc.

On 12/14/2016 NYSE:CAT - Caterpillar announced a quarterly dividend of $0.77 3.26% with an ex dividend date of 1/18/2017 which will be payable on 2/18/2017.

Caterpillar shares were up 4 percent at 8:27 a.m.in NY before the start of regular trading. Moreover, Mariner Wealth Advsr Ltd Company has 0.09% invested in Caterpillar Inc. (NYSE:CAT). Rathbone Brothers Public Ltd holds 1.09% of its portfolio in Caterpillar Inc. Jnba Fincl owns 300 shares or 0.01% of their USA portfolio. Gradient Investments Limited Co, a Minnesota-based fund reported 714 shares. While, the analyst predicted that the company could provide an EPS of $1.79/share. Advantus Cap Mngmt Inc has 0.24% invested in Caterpillar Inc. (NYSE:CAT) rating on Tuesday, December 19. Therefore 0 are positive. Caterpillar Inc. had 127 analyst reports since July 27, 2015 according to SRatingsIntel. Stifel Nicolaus maintained it with "Hold" rating and $160.0 target in Wednesday, January 24 report. The firm has a market capitalization of $91,586.16, a PE ratio of 20.99, a P/E/G ratio of 1.39 and a beta of 1.30. On Wednesday, September 7 the stock rating was initiated by Deutsche Bank with "Buy". Aegis Capital maintained the shares of NGVT in report on Friday, April 7 with "Buy" rating.

Caterpillar Inc. manufactures and sells construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives for heavy and general construction, rental, quarry, aggregate, mining, waste, material handling, gas and oil, power generation, marine, rail, and industrial markets. JPMorgan Chase raised Caterpillar from a "neutral" rating to an "overweight" rating and boosted their price target for the stock from $161.96 to $200.00 in a research report on Monday, January 8th. Caterpillar now has a consensus rating of "Buy" and an average price target of $170.21.

4/23/2018-Citigroup Upgrade from a "Neutral " rating to a " Buy" rating. The firm earned "Buy" rating on Tuesday, December 12 by Barclays Capital. UBS downgraded it to "Sell" rating and $6.5 target in Thursday, February 15 report. The company has an average rating of "Buy" and an average target price of $168.29.

Since October 26, 2017, it had 0 insider buys, and 3 sales for $16.13 million activity. De Lange Bob also sold $216,276 worth of Caterpillar Inc. Long Suzette M sold $84,723 worth of stock. Also, insider Thomas A. Pellette sold 95,199 shares of Caterpillar stock in a transaction on Wednesday, January 31st.

Share