Important Short Interest Filing: Does Caterpillar Incorporated Del (NYSE:CAT) Have Gas After Even More Sellers Involved?

November 28, 2016 - By Linda Rogers   ·   0 Comments

Important Short Interest Filing: Does Caterpillar Incorporated Del (NYSE:CAT) Have Gas After Even More Sellers Involved?

The stock of Caterpillar Incorporated Del (NYSE:CAT) registered an increase of 0.11% in short interest. CAT’s total short interest was 42.68 million shares in November as published by FINRA. Its up 0.11% from 42.63 million shares, reported previously. With 5.48 million shares average volume, it will take short sellers 8 days to cover their CAT’s short positions. The short interest to Caterpillar Incorporated Del’s float is 7.32%. About 2.56M shares traded hands. Caterpillar Inc. (NYSE:CAT) has risen 24.77% since April 25, 2016 and is uptrending. It has outperformed by 18.75% the S&P500.

Caterpillar Inc. is a manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. The company has a market cap of $55.47 billion. The Firm operates through its three product divisions: Resource Industries, Construction Industries, and Energy & Transportation. It has a 55.13 P/E ratio. It also provides financing and related services through its Financial Products segment.

Insitutional Activity: The institutional sentiment increased to 0.98 in Q2 2016. Its up 0.13, from 0.85 in 2016Q1. The ratio increased, as 76 funds sold all Caterpillar Inc. shares owned while 363 reduced positions. 40 funds bought stakes while 331 increased positions. They now own 396.23 million shares or 3.43% less from 410.29 million shares in 2016Q1.
Bryn Mawr Com has 0.07% invested in the company for 13,928 shares. Birch Hill Advsrs Ltd Liability accumulated 0.03% or 3,374 shares. Moreover, Calamos Advisors Ltd Liability Corp has 0.04% invested in Caterpillar Inc. (NYSE:CAT) for 66,763 shares. Golub Group Inc Ltd Liability reported 8,850 shares or 0.07% of all its holdings. The West Virginia-based City has invested 0.57% in Caterpillar Inc. (NYSE:CAT). Dubuque Bancorp Tru reported 300 shares or 0% of all its holdings. Mutual Of America Capital Mgmt Lc has 0.11% invested in the company for 67,879 shares. Zweig owns 195,940 shares or 1.52% of their US portfolio. Nomura Holdings Incorporated reported 13,292 shares or 0% of all its holdings. Premier Asset Managment Ltd Liability Corporation holds 0.07% or 3,575 shares in its portfolio. Endurance Wealth Mngmt holds 0.09% of its portfolio in Caterpillar Inc. (NYSE:CAT) for 6,390 shares. Moreover, Jones Lllp has 0% invested in Caterpillar Inc. (NYSE:CAT) for 6,292 shares. Old Second Financial Bank Of Aurora, a Illinois-based fund reported 5,306 shares. Wells Fargo And Mn has invested 0.08% of its portfolio in Caterpillar Inc. (NYSE:CAT). Mirae Asset Ltd accumulated 0.05% or 23,582 shares.

Insider Transactions: Since May 31, 2016, the stock had 1 buying transaction, and 4 insider sales for $665,973 net activity. Muilenburg Dennis A bought $159,708 worth of stock. Shares for $41,661 were sold by Halverson Bradley M on Tuesday, May 31. 706 Caterpillar Inc. (NYSE:CAT) shares with value of $58,563 were sold by Copeland Jananne A.. Another trade for 950 shares valued at $88,844 was made by DICKINSON DANIEL M on Thursday, November 10.

Caterpillar Inc. (NYSE:CAT) Ratings Coverage

Out of 22 analysts covering Caterpillar Inc. (NYSE:CAT), 7 rate it a “Buy”, 3 “Sell”, while 12 “Hold”. This means 32% are positive. Caterpillar Inc. has been the topic of 43 analyst reports since July 27, 2015 according to StockzIntelligence Inc. The firm earned “Market Perform” rating on Friday, September 25 by William Blair. Macquarie Research maintained it with “Underperform” rating and $58 target price in Friday, September 25 report. The stock of Caterpillar Inc. (NYSE:CAT) earned “Hold” rating by Deutsche Bank on Thursday, December 17. As per Friday, September 4, the company rating was downgraded by Robert W. Baird. As per Friday, October 23, the company rating was downgraded by S&P Research. The firm has “Equal Weight” rating by Barclays Capital given on Friday, September 25. Vertical Research upgraded the stock to “Buy” rating in Friday, April 15 report. The firm earned “Neutral” rating on Wednesday, July 27 by Citigroup. The firm has “Neutral” rating given on Monday, April 25 by Goldman Sachs. The stock of Caterpillar Inc. (NYSE:CAT) earned “Positive” rating by OTR Global on Thursday, March 24.

CAT Company Profile

Caterpillar Inc. (Caterpillar), incorporated on March 12, 1986, is a maker of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. The Firm operates through its three product divisions: Resource Industries, Construction Industries, and Energy & Transportation. The Firm also provides financing and related services through its Financial Products segment. The Firm offers its products under the brand names Caterpillar, CAT, design versions of CAT and Caterpillar, Electro-Motive, FG Wilson, MaK, MWM, Perkins, Progress Rail, SEM and Solar Turbines. The Firm operates parts distribution centers at various locations, including Morton, Illinois; Mossville, Illinois; Arvin, California; Denver, Colorado; Miami, Florida; Atlanta, Georgia; St. Paul, Minnesota; Southaven, Mississippi; Clayton, Ohio; Houston, Pennsylvania; York, Pennsylvania; Waco, Texas; Van Alstyne, Texas; Duffield, Virginia; Spokane, Washington; Melbourne, Australia; Stapylton, Australia; Queensland, Australia; Grimbergen, Belgium; Piracicaba, Brazil; Shanghai, China; Dortmund, Germany; Lunen, Germany; San Luis Potosi, Mexico; Singapore, Republic of Singapore; Moscow, Russia; Johannesburg, South Africa, and Dubai, United Arab Emirates.

More notable recent Caterpillar Inc. (NYSE:CAT) news were published by: Investorplace.com which released: “Here’s What’s Driving Caterpillar Inc. Stock Higher (CAT)” on November 28, 2016, also Fool.com with their article: “A Look at Caterpillar, Inc.’s Retail Sales Over the Years Is Depressing” published on November 22, 2016, Fool.com published: “How a Donald Trump Presidency Could Affect Caterpillar Inc. Stock” on November 10, 2016. More interesting news about Caterpillar Inc. (NYSE:CAT) were released by: Fool.com and their article: “1 Billionaire is Shorting Caterpillar Inc.’s Stock: Should You?” published on November 04, 2016 as well as Fool.com‘s news article titled: “What the Upcoming CEO Shuffle Means for Caterpillar Inc.” with publication date: November 01, 2016.

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By Linda Rogers

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