5,040 Shares in Caterpillar Inc. (NYSE:CAT) Acquired by Sava Infond d.o.o.

Sava Infond d.o.o. acquired a new position in Caterpillar Inc. (NYSE:CAT) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 5,040 shares of the industrial products company’s stock, valued at approximately $1,828,000.

Several other large investors also recently made changes to their positions in the business. Raymond James Financial Inc. acquired a new position in Caterpillar during the 4th quarter worth about $353,231,000. Proficio Capital Partners LLC lifted its position in shares of Caterpillar by 50,072.7% during the fourth quarter. Proficio Capital Partners LLC now owns 804,770 shares of the industrial products company’s stock worth $291,938,000 after purchasing an additional 803,166 shares in the last quarter. Amundi grew its stake in shares of Caterpillar by 17.3% during the fourth quarter. Amundi now owns 2,166,087 shares of the industrial products company’s stock valued at $782,109,000 after purchasing an additional 318,891 shares during the last quarter. Vanguard Group Inc. increased its holdings in shares of Caterpillar by 0.6% in the fourth quarter. Vanguard Group Inc. now owns 46,809,540 shares of the industrial products company’s stock valued at $16,980,629,000 after purchasing an additional 284,366 shares in the last quarter. Finally, Zurich Insurance Group Ltd FI raised its position in Caterpillar by 4,018.6% in the 3rd quarter. Zurich Insurance Group Ltd FI now owns 255,355 shares of the industrial products company’s stock worth $99,874,000 after purchasing an additional 249,155 shares during the last quarter. Institutional investors own 70.98% of the company’s stock.

Insider Buying and Selling

In other news, Director Gerald Johnson purchased 100 shares of the company’s stock in a transaction on Tuesday, February 4th. The shares were purchased at an average price of $365.57 per share, with a total value of $36,557.00. Following the purchase, the director now directly owns 3,053 shares of the company’s stock, valued at $1,116,085.21. This trade represents a 3.39 % increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Jason Kaiser sold 2,425 shares of the stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $354.70, for a total value of $860,147.50. Following the transaction, the insider now owns 6,275 shares of the company’s stock, valued at approximately $2,225,742.50. The trade was a 27.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.29% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on CAT shares. Wedbush raised Caterpillar to an “outperform” rating in a research note on Monday, February 3rd. Raymond James raised Caterpillar from a “market perform” rating to an “outperform” rating in a report on Monday, February 3rd. DA Davidson raised their target price on shares of Caterpillar from $350.00 to $357.00 and gave the company a “neutral” rating in a research note on Tuesday, February 4th. UBS Group raised shares of Caterpillar from a “sell” rating to a “neutral” rating and boosted their price target for the stock from $355.00 to $385.00 in a research note on Monday, February 3rd. Finally, Morgan Stanley reduced their price objective on shares of Caterpillar from $330.00 to $300.00 and set an “underweight” rating on the stock in a research note on Friday, January 31st. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $383.80.

Caterpillar Stock Down 0.5 %

Shares of Caterpillar stock opened at $340.91 on Thursday. Caterpillar Inc. has a 1 year low of $307.05 and a 1 year high of $418.50. The company has a debt-to-equity ratio of 1.40, a current ratio of 1.42 and a quick ratio of 0.89. The company has a market capitalization of $162.93 billion, a P/E ratio of 15.45, a price-to-earnings-growth ratio of 1.87 and a beta of 1.15. The business has a 50-day moving average of $356.95 and a two-hundred day moving average of $372.24.

Caterpillar (NYSE:CAT) last posted its earnings results on Thursday, January 30th. The industrial products company reported $5.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.97 by $0.17. Caterpillar had a return on equity of 58.18% and a net margin of 16.65%. As a group, equities analysts predict that Caterpillar Inc. will post 19.86 EPS for the current year.

About Caterpillar

Caterpillar Inc manufactures and sells construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives in worldwide. Its Construction Industries segment offers asphalt pavers, compactors, road reclaimers, forestry machines, cold planers, material handlers, track-type tractors, excavators, telehandlers, motor graders, and pipelayers; compact track, wheel, track-type, backhoe, and skid steer loaders; and related parts and tools.