Moreover, Solus Alternative Asset Management Lp has 3.45% invested in the company for 827,841 shares. The industrial products company reported $1.49 EPS for the quarter, topping the Zacks' consensus estimate of $1.26 by $0.23. The stock rose 0.81% or $0.95 reaching $118.77. The shares were sold at an average price of $114.05, for a total transaction of $20,826,898.60. It has outperformed by 7.33% the S&P500. Caterpillar Inc Del now has $70.82B valuation. Finally, Financial Architects Inc grew its position in shares of Caterpillar by 5.7% during the first quarter. The institutional investor held 39,510 shares of the capital goods company at the end of 2016Q4, valued at $3.66 million, down from 52,676 at the end of the previous reported quarter. Hedge funds and other institutional investors own 69.23% of the company's stock.
About 7,633 shares traded. It has outperformed by 30.83% the S&P500.
A number of other equities research analysts also recently weighed in on the company. It also increased its holding in Intercontinental Exchange Inc (NYSE:ICE) by 41,584 shares in the quarter, for a total of 51,605 shares, and has risen its stake in Vanguard Star Fd Intl Stk Idxf (VXUS).
Investors sentiment decreased to 1.1 in 2016 Q4. Its down 0.14, from 0.98 in 2016Q3. 46 funds opened positions while 84 raised stakes. 216.30 million shares or 1.43% less from 219.43 million shares in 2016Q3 were reported. (NYSE:CAT). S R Schill And accumulated 0.13% or 2,198 shares. Barrow Hanley Mewhinney & Strauss Llc bought 32,006 shares as the company's stock declined 13.06% while stock markets rallied. Ashfield Cap Prtn Ltd Liability Com owns 12,096 shares.
Northeast Investment Mngmt, a Massachusetts-based fund reported 18,632 shares. Abner Herrman And Brock Llc has 2.14% invested in Raytheon Company (NYSE:RTN). Bank of Nova Scotia now owns 196,294 shares of the industrial products company's stock valued at $18,208,000 after purchasing an additional 164,989 shares in the last quarter. Nisa Investment Advisors LLC now owns 248,895 shares of the company's stock valued at $22,094,000 after buying an additional 8,975 shares during the period. Pillar Pacific Limited Liability Corp stated it has 59,077 shares or 1.29% of all its holdings. Eulav Asset Mngmt holds 0.27% of its portfolio in ePlus Inc. Nippon Life Ins holds 0.05% in Caterpillar Inc. Catawba Management Va invested 0.09% in Caterpillar Inc. Also, the Hold rating count is 1, as of 11 Sep 2017. Therefore 54% are positive. Carpenter Technology had 10 analyst reports since October 19, 2015 according to SRatingsIntel. The firm has "Buy" rating by Argus Research given on Wednesday, August 2. Credit Suisse Group restated a "buy" rating and set a $123.00 price target on shares of Caterpillar in a research note on Thursday, June 22nd. Wells Fargo & Company raised Caterpillar from a "market perform" rating to an "outperform" rating and set a $118.00 price target for the company in a research note on Friday, January 27th. Barclays Capital upgraded it to "Overweight" rating and $110 target in Tuesday, February 7 report. Jefferies upgraded the stock to "Buy" rating in Tuesday, November 15 report. (NYSE:CAT) rating on Thursday, September 24. As per Monday, January 25, the company rating was downgraded by Goldman Sachs.
Since March 24, 2017, it had 0 insider buys, and 10 sales for $4.52 million activity.
In related news, Director William A. Osborn sold 5,000 shares of the stock in a transaction on Friday, July 28th. 1,442 shares were sold by Wood Michael J, worth $235,017. As per Monday, May 29, the company rating was maintained by KeyCorp. A P/B ratio of less than 1.0 can indicate that a stock is undervalued, while a ratio of greater than 1.0 may indicate that a stock is overvalued. JP Morgan maintained Caterpillar Inc. Caterpillar Inc. (NYSE:CAT) has risen 47.53% since September 11, 2016 and is uptrending. "Announce A Major Dividend Hike?" on August 22, 2017. Deutsche Bank initiated Caterpillar Inc. The stock of Carpenter Technology Corporation (NYSE:CRS) earned "Hold" rating by Cowen & Co on Friday, April 28. (CAT) Lands $663 Million Pentagon Deal" published on August 30, 2017 as well as Seekingalpha.com's news article titled: "Caterpillar Inc. On average, analysts anticipate that Caterpillar will post $5.24 earnings per share for the current year. Two research analysts have rated the stock with a sell rating, fourteen have issued a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the company. Therefore 39% are positive. Caterpillar Inc. had 72 analyst reports since July 27, 2015 according to SRatingsIntel. Bank of America upgraded Caterpillar Inc. The stock of Genworth Financial Inc (NYSE:GNW) has "Neutral" rating given on Thursday, September 17 by Macquarie Research. The company was upgraded on Monday, July 31 by Tigress Financial. The stock has "Neutral" rating by Citigroup on Friday, September 25. The firm earned "Neutral" rating on Monday, September 19 by Compass Point. The stock has "Mixed" rating by OTR Global on Monday, September 19. The stock of Caterpillar Inc. BMO Capital Markets maintained Caterpillar Inc. The firm earned "Hold" rating on Friday, September 8 by Robert W. Baird.
Investors sentiment decreased to 0.84 in 2016 Q4. Its up 0.20, from 0.95 in 2016Q3. 410.43 million shares or 3.17% more from 397.80 million shares in 2016Q3 were reported. Gateway Advisers Lc reported 65,958 shares.