RG Niederhoffer Capital Management Inc. Invests $1.35 Million in Caterpillar, Inc. (CAT)

Media stories about Caterpillar (NYSE:CAT) have trended positive recently, according to AlphaOne Sentiment. Making necessary changes to some holdings may help position investors for the next couple of quarters. Pictet North America Advisors SA's holdings in Caterpillar were worth $752,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Finally, Perigon Wealth Management LLC grew its position in shares of Caterpillar by 389.7% during the 2nd quarter. Primecap Management Co. CA now owns 7,259,063 shares of the industrial products company's stock valued at $673,351,000 after buying an additional 1,047,922 shares during the last quarter. The firm earned "Buy" rating on Tuesday, October 11 by Goldman Sachs. Vanguard Group Inc. now owns 38,847,552 shares of the industrial products company's stock worth $3,603,500,000 after acquiring an additional 1,342,984 shares in the last quarter. Stewart & Patten Co Llc acquired 8,921 shares as Bank Of New York Mellon Corp (BK)'s stock declined 1.27%. Bogart Wealth LLC grew its position in shares of Caterpillar by 42.2% during the 2nd quarter. Morgan Stanley now owns 10,398,677 shares of the industrial products company's stock valued at $964,579,000 after buying an additional 1,365,856 shares during the last quarter. The Int. Executive Vice President now owns $2,004,365 of the stock per the Form 4 SEC filing.

Caterpillar located in US and operates within the Industrial Goods sector. (NYSE:CAT) has "Sell" rating given on Thursday, January 26 by Standpoint Research. If you are accessing this article on another website, it was illegally copied and reposted in violation of United States and global trademark and copyright law.

Caterpillar Inc. (NYSE:CAT)'s RSI (Relative Strength Index) is 84.72. The shares were sold at an average price of $113.67, for a total value of $568,350.00.

In other news, Director William A. Osborn sold 5,000 shares of Caterpillar stock in a transaction that occurred on Friday, July 28th. A popular tool among technical stock analysts is the moving average. Group President Denise C. Johnson disclosed the sale of 88,969 shares of (CAT). Insiders sold a total of 201,471 shares of company stock worth $22,979,332 over the last 90 days.

Caterpillar, Inc.'s stock has a beta of 1.27 meaning it is higher in volatility than the market overall which by definition has a beta of 1.

Caterpillar (NYSE:CAT) last released its quarterly earnings data on Tuesday, July 25th. The company's stock had a trading volume of 3,478,191 shares.

Caterpillar, Inc. has a one year low of $80.33 and a one year high of $131.41. The company's market capitalization is $62.41 billion. Comparing that to the 200-day simple moving average of 24.68%, we can see where the stock relatively speaking. The industrial products company reported $1.49 earnings per share for the quarter, topping analysts' consensus estimates of $1.26 by $0.23. Advantus Capital Mgmt Inc owns 0.17% invested in Caterpillar Inc. The company had revenue of $11.33 billion during the quarter, compared to the consensus estimate of $10.96 billion. During the same quarter in the prior year, the firm posted $1.09 EPS. The firm's revenue for the quarter was up 9.6% compared to the same quarter a year ago. On average, analysts predict that Caterpillar will post $5.27 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, November 20th. Stockholders of record on Monday, October 23rd will be paid a $0.78 dividend. The ex-dividend date is Friday, October 20th. This dividend amount was represent a yield of $2.46. Caterpillar's dividend payout ratio (DPR) is presently 2,080.00%. Executive Vice President reported the sale of 13,859 shares of CAT stock. Seaport Global Securities started coverage on shares of Caterpillar in a report on Wednesday, September 6th. Finally, Jefferies Group LLC reiterated a hold rating and set a $120.00 price objective (up from $100.00) on shares of Caterpillar in a research report on Wednesday, July 26th. On Monday, September 28 the stock rating was maintained by Deutsche Bank with "Buy". CLSA maintained the shares of BK in report on Friday, September 23 with "Outperform" rating.

October 13 investment analysts at Citigroup made no change to the company rating of "Neutral" but moved up the price target to $133.00 from $125.00.

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