Sells 720 Shares of Caterpillar Inc. (CAT)

A number of other hedge funds also recently modified their holdings of the stock. First Manhattan Co. now owns 5,118 shares of the company's stock worth $454,000 after buying an additional 2,005 shares during the period. Sumitomo Mitsui Trust Holdings Inc. raised its stake in Caterpillar by 13.4% in the third quarter.

The stock volatility for week was 1.79% while for month was 1.82%.The stock, as of last close, traded 38.49% to its 52 week low and was changed -6.39% from its 52 week high. CAT has P/E (Price to Earnings ttm) value of 0, Forward P/E of 21.34, P/C (Price to cash per share) of 7.79 and Price to Free Cash Flow (P/FCF) value of 63.35. Integrated Wealth Management raised its stake in shares of Caterpillar by 34.6% in the third quarter. Mizuho Securities USA Inc. now owns 30,814 shares of the company's stock worth $2,735,000 after buying an additional 24,829 shares during the period. Morgan Stanley increased its position in shares of Caterpillar by 43.2% in the third quarter. Following the completion of the purchase, the insider now directly owns 10,230 shares in the company, valued at $1,016,043.60. The brokerage now has a "hold" rating on the stock.

Several investment firms issued their expert ratings on Caterpillar Inc. (NYSE:CAT) opened at 93.10 on Monday. The company has a 50-day moving average price of $94.10 and a 200 day moving average price of $92.52. The total market capitalization remained at $53.34 billion. Caterpillar also was the recipient of some unusual options trading activity on Wednesday.

Caterpillar (NYSE:CAT) last posted its quarterly earnings data on Thursday, January 26th.

The company's expected revenue in the current quarter to be 9.14 Billion, seeing a projected current quarter growth of -11.9%, and per annum growth estimates over the next 5 year period of around 26.17%. During the same quarter in the previous year, the business posted $0.74 earnings per share. Equities research analysts expect that Caterpillar will post $3.23 EPS for the current fiscal year.

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The firm also recently disclosed a quarterly dividend, which will be paid on Saturday, May 20th. The ex-dividend date of this dividend is Thursday, April 20th. This represents a $3.08 dividend on an annualized basis and a yield of 3.25%. Caterpillar's payout ratio is -2,369.23%.

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04/04/2017 - Caterpillar, Inc. was upgraded to " by analysts at Goldman Sachs. If you are reading this piece on another site, it was illegally stolen and republished in violation of global trademark & copyright legislation. The legal version of this story can be viewed at https://www.themarketsdaily.com/2017/04/17/caterpillar-inc-cat-shares-sold-by-capstone-asset-management-co.html. Credit Suisse Group AG downgraded Caterpillar to a "buy" rating in a research note on Friday, January 27th.

Sell-side analyst recommendations point to a short term price target of $96 on the shares of Caterpillar Inc. Evercore ISI raised shares of Caterpillar from a "hold" rating to a "buy" rating in a research note on Friday, February 10th. (CAT) where 3 analyst have rated the stock as Strong Buy, 5 analysts said it's a Buy, 13 rated the stock as Hold, 1 analysts reported Underperform and 1 analysts gave their recommendations as Sell. Deutsche Bank AG lowered their price target on shares of Caterpillar from $108.00 to $105.00 and set a "buy" rating on the stock in a research report on Thursday, April 6th. The stock is performing -9.81% year to date. The shares were sold at an average price of $97.90, for a total transaction of $380,243.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. (NYSE:CAT) stock volatility was recorded 1.79% which for the previous full month was noted 1.82%. While some analysts have a High Price target for the stock of $120 and a Low Price Target of $64. The number of shares now owned by investors are 481.89 mln.

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