465 Shares in Caterpillar Inc. (NYSE:CAT) Bought by My Personal CFO LLC

My Personal CFO LLC bought a new position in Caterpillar Inc. (NYSE:CAT – Get Rating) during the 4th quarter, Holdings Channel.com reports. The fund bought 465 shares of the industrial products company’s stock, valued at approximately $111,000.

Other institutional investors have also recently made changes to their positions in the company. Greenleaf Trust raised its holdings in Caterpillar by 0.4% during the third quarter. Greenleaf Trust now owns 13,044 shares of the industrial products company’s stock worth $2,140,000 after purchasing an additional 46 shares in the last quarter. Ironwood Investment Counsel LLC raised its stake in Caterpillar by 1.5% during the 3rd quarter. Ironwood Investment Counsel LLC now owns 3,355 shares of the industrial products company’s stock worth $550,000 after acquiring an additional 48 shares in the last quarter. M Holdings Securities Inc. boosted its stake in Caterpillar by 0.9% in the third quarter. M Holdings Securities Inc. now owns 5,499 shares of the industrial products company’s stock valued at $902,000 after acquiring an additional 48 shares in the last quarter. Gilbert & Cook Inc. grew its holdings in shares of Caterpillar by 1.2% during the third quarter. Gilbert & Cook Inc. now owns 4,118 shares of the industrial products company’s stock worth $884,000 after purchasing an additional 49 shares during the last quarter. Finally, Marks Group Wealth Management Inc increased its position in shares of Caterpillar by 2.6% during the second quarter. Marks Group Wealth Management Inc now owns 1,995 shares of the industrial products company’s stock worth $357,000 after purchasing an additional 51 shares in the last quarter. Institutional investors own 68.02% of the company’s stock.

Caterpillar Stock Down 1.7 %

Shares of CAT traded down $3.70 during mid-day trading on Friday, reaching $215.01. The company’s stock had a trading volume of 7,203,047 shares, compared to its average volume of 3,108,596. The company has a quick ratio of 0.87, a current ratio of 1.39 and a debt-to-equity ratio of 1.62. Caterpillar Inc. has a 1 year low of $160.60 and a 1 year high of $266.04. The business has a fifty day moving average of $246.19 and a 200 day moving average of $222.28. The company has a market cap of $111.02 billion, a price-to-earnings ratio of 17.00, a price-to-earnings-growth ratio of 1.16 and a beta of 1.11.

Caterpillar (NYSE:CAT – Get Rating) last issued its earnings results on Tuesday, January 31st. The industrial products company reported $3.86 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.95 by ($0.09). Caterpillar had a net margin of 11.28% and a return on equity of 45.61%. The company had revenue of $16.60 billion for the quarter, compared to analyst estimates of $15.84 billion. During the same period last year, the business earned $2.69 EPS. The company’s quarterly revenue was up 20.3% on a year-over-year basis. As a group, analysts forecast that Caterpillar Inc. will post 15.67 earnings per share for the current fiscal year.

Analysts Set New Price Targets

CAT has been the topic of several research analyst reports. UBS Group lowered Caterpillar from a “neutral” rating to a “sell” rating and cut their price target for the stock from $230.00 to $225.00 in a research report on Friday, March 10th. Credit Suisse Group increased their price target on shares of Caterpillar from $290.00 to $306.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 1st. Stifel Nicolaus lifted their price objective on shares of Caterpillar from $260.00 to $271.00 and gave the company a “buy” rating in a research note on Monday, December 19th. Bank of America upgraded shares of Caterpillar from a “neutral” rating to a “buy” rating and increased their target price for the stock from $217.00 to $295.00 in a research note on Friday, January 13th. Finally, Cowen lifted their price objective on shares of Caterpillar from $240.00 to $264.00 and gave the company an “outperform” rating in a research report on Friday, December 9th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat, Caterpillar presently has a consensus rating of “Hold” and a consensus target price of $241.00.

Insider Buying and Selling at Caterpillar

In other news, insider Denise C. Johnson sold 23,737 shares of the firm’s stock in a transaction dated Tuesday, December 27th. The stock was sold at an average price of $240.14, for a total transaction of $5,700,203.18. Following the completion of the sale, the insider now directly owns 8,605 shares of the company’s stock, valued at approximately $2,066,404.70. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, insider Denise C. Johnson sold 23,737 shares of the stock in a transaction on Tuesday, December 27th. The shares were sold at an average price of $240.14, for a total transaction of $5,700,203.18. Following the transaction, the insider now owns 8,605 shares in the company, valued at approximately $2,066,404.70. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Daniel M. Dickinson sold 6,070 shares of Caterpillar stock in a transaction on Monday, February 6th. The shares were sold at an average price of $251.22, for a total transaction of $1,524,905.40. Following the completion of the sale, the director now directly owns 5,038 shares of the company’s stock, valued at approximately $1,265,646.36. The disclosure for this sale can be found here. Insiders have sold 90,984 shares of company stock worth $22,519,893 over the last 90 days. 0.27% of the stock is currently owned by corporate insiders.

Caterpillar Company Profile

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Caterpillar, Inc engages in the manufacture of construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives. It operates through the following segments: Construction Industries, Resource Industries, Energy and Transportation, Financial Products, and All Other.