As Caterpillar INC Del (CAT) Shares Declined, Shareholder Comerica Securities INC Increased Stake by $3.53 Million

June 27, 2018 - By Alex Paulin

Caterpillar Inc. (NYSE:CAT) Corporate LogoDuring Q1 2018 the big money sentiment decreased to 0.95. That’s change of 0.18, from 2017Q4’s 1.13. 72 investors sold all, 456 reduced holdings as CAT ratio is negative. 358 grew stakes while 142 funds bought stakes. Funds hold 390.42 million shares thus 3.01% less from 2017Q4’s 402.55 million shares. Cannell Peter B & Com invested in 0.05% or 9,550 shs. Aviva Public Ltd Com holds 0.26% or 289,035 shs. Loeb Ptnrs reported 24,800 shs. Commerzbank Aktiengesellschaft Fi stated it has 102,212 shs. Vestor Ltd Liability Corp stated it has 0.02% of its capital in Caterpillar Inc. (NYSE:CAT). Prelude Capital Ltd Liability Company has 0.07% invested in Caterpillar Inc. (NYSE:CAT). Bokf Na invested 0.14% in Caterpillar Inc. (NYSE:CAT). First Trust Advsr Ltd Partnership holds 349,760 shs or 0.12% of its capital. Edge Wealth Management Limited Liability accumulated 18 shs. Donaldson Cap Management Limited Liability Co has invested 0.24% in Caterpillar Inc. (NYSE:CAT). Royal Bank Of Canada invested 0.13% of its capital in Caterpillar Inc. (NYSE:CAT). Bank & Trust Of Nova Scotia Trust has invested 0.04% in Caterpillar Inc. (NYSE:CAT). 653 are held by Mark Sheptoff Planning Limited Liability Corp. Stephens Incorporated Ar reported 44,617 shs. Wealth Enhancement Advisory Services has invested 0.02% in Caterpillar Inc. (NYSE:CAT).

CAT had 4 insider sales and 1 buy since January 30, 2018. This’s net activity of $23.72 million. On Friday, May 11 $705,496 worth of stock was sold by Creed Joseph E. $776,850 worth of stock was bought by CALHOUN DAVID L on Monday, May 14. Another trade for 54,481 shs valued at $8.18 million was sold by Pellette Thomas A.

Based on the latest 2018Q1 regulatory filing with the SEC, Comerica Securities Inc upped its stake in Caterpillar Inc Del (CAT) by 707.85%. By buying 23,996 shares Comerica Securities Inc made the stock sank with 4.79%. The institutional investor is holding 27,386 shares, compared to the 3,390 from the previous quarter. And the announced value of the capital goods company is $4.04 million for the 2018Q1. Comerica Securities Inc has cut its stake in Ishares Tr (IVV) and also reduced its holding in Dbx Etf Tr (DBEF) by 349,022 shares in the quarter, for a total of 156,030 shares.

For more Caterpillar Inc. (NYSE:CAT) news posted briefly go to: Finance.Yahoo.com, Bizjournals.com, Finance.Yahoo.com, Seekingalpha.com or Seekingalpha.com. The titles are as follows: “Caterpillar Stock Is Ready to Pounce Again After the Tariff Takedown” posted on June 22, 2018, “Caterpillar hums as oil patch recovery continues (slideshow) (Video)” on June 18, 2018, “Why Caterpillar Inc (NYSE:CAT) Is A Dividend Rockstar” with a publish date: June 02, 2018, “Caterpillar Is Due For A Bounce” and the last “Caterpillar: Little Impact From US/China Trade War” with publication date: June 21, 2018.

Caterpillar Inc. (NYSE:CAT) Ratings Coverage

In total 21 analysts cover Caterpillar (NYSE:CAT). “Buy” rating has 14, “Sell” are 0, while 7 are “Hold”. 67% are bullish. With $200.0 highest and $15800 lowest target price Caterpillar has $181.19 average target price or 33.68% above the current ($135.54) price. 38 are the (NYSE:CAT)’s analyst reports since January 5, 2018 according to StockzIntelligence Inc. On Thursday, June 14 the stock has “Buy” rating by UBS. On Thursday, February 1 Argus Research maintained Caterpillar Inc. (NYSE:CAT) rating. Argus Research has “Buy” rating and $185 target. On Friday, January 26 the stock of Caterpillar Inc. (NYSE:CAT) has “Buy” rating given by Bank of America. On Thursday, January 18 the firm has “Hold” rating by Jefferies given. In Wednesday, January 24 report Barclays Capital maintained the stock with “Overweight” rating. On Friday, January 12 the firm has “Buy” rating by Bank of America given. On Wednesday, April 25 the rating was downgraded by Daiwa Securities to “Neutral”. On Monday, April 16 the rating was maintained by Wells Fargo with “Buy”. On Friday, January 12 the stock of Caterpillar Inc. (NYSE:CAT) earned “Hold” rating by Robert W. Baird. On Wednesday, April 25 the company was maintained by RBC Capital Markets.

Caterpillar Inc. (NYSE:CAT) Institutional Investors Chart

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