Vetr Inc. Lowers Caterpillar, Inc

Lloyd Doyle
October 12, 2017

Caterpillar, Inc. (NYSE:CAT)'s share price reached a new 52-week high on Tuesday after Zacks Investment Research upgraded the stock from a hold rating to a buy rating. The Burney Co holds 22,823 shares with $2.41M value, down from 32,160 last quarter. (NYSE:CAT). Cannell Peter B & Communications Inc holds 0.13% of its portfolio in Caterpillar Inc. The stock is trading for about 0.87% more than its 52-week high. About shares traded. Caterpillar Inc. It is down 47.53% since October 12, 2016 and is uptrending. It has outperformed by 30.83% the S&P500.

Palisade Capital Management Llc increased Bard C R Inc (BCR) stake by 72.38% reported in 2017Q2 SEC filing. Clearbridge Investments LLC now owns 3,635 shares of the industrial products company's stock valued at $337,000 after acquiring an additional 10 shares during the period. Turtle Creek Asset Management Inc who had been investing in Heico Corp New for a number of months, seems to be less bullish one the $6.59B market cap company. They expect $1.19 earnings per share, up 40.00% or $0.34 from last year's $0.85 per share. It also increased its holding in Signature Bank Ny (NASDAQ:SBNY) by 6,385 shares in the quarter, for a total of 49,215 shares, and has risen its stake in Rockwell Collins Inc (NYSE:COL). Axiom Securities reaffirmed a "sell" rating on shares of Caterpillar in a research report on Friday, June 16th.

More recent Heico Corp (NYSE:HEI.A) news were published by: Bizjournals.com which released: "Q&A: Heico Corp". The correct version of this article can be read at https://stocknewstimes.com/2017/10/12/vetr-inc-lowers-caterpillar-inc-cat-to-sell.html. (NYSE:CAT)'s stock has changed 38.67%. Therefore 13% are positive. The rating was maintained by Argus Research with "Buy" on Wednesday, January 27. The stock has "Outperform" rating by RBC Capital Markets on Thursday, February 4. The rating was maintained by Stifel Nicolaus on Friday, September 25 with "Buy". Robert W. Baird maintained Caterpillar Inc. (NYSE:CAT). 27,180 are owned by Bedrijfstakpensioenfonds Voor De Media Pno. The company was maintained on Sunday, October 1 by RBC Capital Markets. The rating was downgraded by Goldman Sachs on Monday, January 25 to "Sell". American Investment Services Inc. owns 136,760 shares or 5.82% of their U.S. portfolio. The rating was upgraded by Goldman Sachs to "Neutral" on Monday, October 31. Investors of record on Monday, October 23rd will be given a dividend of 0.78 per share by the industrial products company on Monday, November 20th.

Additionally Caterpillar, Inc. recently declared a dividend for shareholders which was paid on Saturday the 19th of August 2017. (NYSE:CAT). Stevens Capital Management Limited Partnership, Pennsylvania-based fund reported 147,188 shares. The industrial products company reported $1.49 EPS for the quarter, topping the consensus estimate of $1.26 by $0.23. After $1.49 actual EPS reported by Caterpillar Inc. for the previous quarter, Wall Street now forecasts -20.13% negative EPS growth. Days to cover increased 1.0 to 5.0 and the percentage of shorted shares was 0.02% on September 29. Its up 0.25, from 0.71 in 2017Q1.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in CAT.


The average 1-year price target for The Blackstone Group L.P. (BX) - averaging the work of different analysts - reveals a mean PT of $38.38/share. (NYSE:CAT). Point72 Asia (Hong Kong) Ltd accumulated 174 shares. Mechanics National Bank & Trust Trust Department invested in 0.15% or 5,731 shares. Connecticut-based Conning has invested 0.07% in Caterpillar Inc.

Caterpillar (NYSE:CAT) last posted its earnings results on Tuesday, July 25th. (NYSE:CAT) for 27,659 shares. Birinyi Assocs Inc has 0.64% invested in Caterpillar Inc.

Veritable Ltd Partnership owns 0.07% invested in Caterpillar Inc.

On 4/9/2014 Caterpillar, Inc. announced a quarterly dividend of $0.60. (NYSE:CAT) for 11,393 shares. Saybrook Nc owns 4,000 shares for 0.22% of their portfolio.

On 2/14/2017 Daniel M. Dickinson, Director, sold 3,884 with an average share price of $97.90 per share and the total transaction amounting to $380,243.60. Atria Investments Lc invested in 0.19% or 28,529 shares. Art Advsrs invested in 69,100 shares. Shell Asset Mngmt holds 0.41% or 154,616 shares in its portfolio. Two equities research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and thirteen have assigned a buy rating to the stock. Raymond James downgraded Public Storage (NYSE:PSA) on Thursday, January 7 to "Mkt Perform" rating. The company has a market capitalization of $76.00 billion, a price-to-earnings ratio of 718.44 and a beta of 1.26. The firm has "Hold" rating given on Thursday, September 21 by Robert W. Baird.

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