As Caterpillar Inc Del (NYSE:CAT) Price Declined, Shareholder Lodge Hill Capital Llc Lowered by $12.50 Million Its Position

May 16, 2018 - By Mary Markley

Caterpillar Inc. (NYSE:CAT) Corporate LogoDuring 2017 Q4 the big money sentiment increased to 1.13. That’s change of 0.03, from 2017Q3’s 1.1. 55 investors sold all, 401 reduced holdings as CAT ratio improved. 352 grew stakes while 162 funds bought stakes. Funds hold 402.55 million shares thus 0.18% more from 2017Q3’s 401.83 million shares. Park Natl Oh holds 0.08% or 8,810 shs. Asset Management Inc invested in 0.14% or 1,500 shs. Frontier Invest Mgmt Company has invested 0.02% in Caterpillar Inc. (NYSE:CAT). Argi Inv Svcs Lc holds 2,161 shs or 0.02% of its capital. Bridgewater Assocs Limited Partnership holds 0.04% or 30,363 shs in its capital. Qs Ltd Llc, a New York-based fund reported 60,708 shs. Montgomery Inv Mgmt has invested 1.34% in Caterpillar Inc. (NYSE:CAT). Mitsubishi Ufj Trust & Corporation holds 0.33% or 1.22 million shs in its capital. Columbia Asset Mgmt holds 1.51% or 33,343 shs. Shelter Mutual Ins Communications reported 86,200 shs. Renaissance Inv Group Inc Lc has invested 1.42% in Caterpillar Inc. (NYSE:CAT). Carnegie Capital Asset Mngmt Limited Liability Corporation accumulated 3,010 shs. S&Co Incorporated invested in 138,741 shs. Trustco National Bank & Trust Corporation N Y holds 0.27% in Caterpillar Inc. (NYSE:CAT) or 1,663 shs. Markel Corporation has invested 0.83% of its capital in Caterpillar Inc. (NYSE:CAT).

CAT had 3 insider sales and 0 insider purchases since January 30, 2018. This’s net activity of $23.79 million. On Wednesday, January 31 Pellette Thomas A sold $15.53M worth of Caterpillar Inc. (NYSE:CAT) or 95,199 shs.

Clint Murray decreased its holdings by 35.2% in Caterpillar Inc Del (NYSE:CAT), according to 2018Q1 SEC form. By selling 85,000 shares Lodge Hill Capital Llc made the stock Sank with 5.62%. At the end of 2018Q1, the 156,500 shares of the capital goods company held by the hedge fund run by Clint Murray were valued at $23.07M, down from 241,500 at the end of the previous reported quarter. $91.96 billion is the MC of Caterpillar Inc Del. CAT is touching $153.8 during the last trading session, after increased 0.79%.Caterpillar Inc. has volume of 2.69M shares. Since May 17, 2017 CAT has risen 60.63% and is uptrending. The stock outperformed the S&P 500 by 49.08%.

A portfolio of $208.28M and $877.30M is managed by Lodge Hill Capital Llc. As it’s [published] in SEC form the stake in Ball Corp (NYSE:BLL) is rose by 950,000 shares to 2.00M shares. They are valued at $79.42 million in 2018Q1. For a total of 580,000 shares it increased its holding in Halliburton Co (Call) (NYSE:HAL) by 330,000 shares in the quarter, and has risen its stake in Wabco Hldgs Inc (NYSE:WBC).

Lodge Hill Capital Llc is a New York-based hedge fund that was founded by Clint Murray. It had more than $208.28 million assets under management in May, 2014. Taken from Lodge Hill Capital latest Adv, the fund reported to have 5 full and part-time employees. Among which 3 performing investment advisory and research functions. The hedge fund had between 1-10 clients.

Caterpillar Inc. (NYSE:CAT) Ratings Coverage

In total 21 analysts cover Caterpillar (NYSE:CAT). “Buy” rating has 14, “Sell” are 0, while 7 are “Hold”. (NYSE:CAT) has 67% bullish analysts. 42 are the (NYSE:CAT)’s ratings reports on May 17, 2018 according to StockzIntelligence Inc. On Monday, January 8 the firm earned “Overweight” rating by JP Morgan. In Monday, February 12 report J.P. Morgan maintained the stock with “Buy” rating. On Friday, January 5 UBS maintained the shares of CAT in report with “Buy” rating. The stock rating was maintained by Bank of America with “Buy” on Friday, January 26. The stock rating was maintained by Wells Fargo with “Buy” on Thursday, January 18. On Thursday, February 1 Argus Research maintained the shares of CAT in report with “Buy” rating. On Wednesday, April 25 the firm has “Buy” rating by Seaport Global given. In Monday, May 14 report Stifel Nicolaus maintained it with “Hold” rating and $17400 target. On Tuesday, April 24 Robert W. Baird maintained Caterpillar Inc. (NYSE:CAT) with “Hold” rating. On Friday, January 26 the firm has “Buy” rating given by UBS.

Caterpillar Inc. manufactures and sells construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives for heavy and general construction, rental, quarry, aggregate, mining, waste, material handling, gas and oil, power generation, marine, rail, and industrial markets.The company has $91.96 billion market cap. The Company’s Construction Industries segment offers backhoe, compact, track-type, small and medium wheel, knuckleboom, and skid steer loaders; small and medium track-type, and site prep tractors; mini, wheel, forestry, small, medium, and large track excavators; and motorgraders, pipelayers, telehandlers, cold planers, asphalt pavers, compactors, road reclaimers, and wheel and track skidders and feller bunchers.The P/E ratio is 122.06. The companyÂ’s Resource Industries segment provides electric rope and hydraulic shovel, landfill and soil compactor, dragline, large wheel loader, machinery component, track and rotary drill, electronics and control system, work tool, hard rock vehicle and continuous mining system, scoop and hauler, wheel tractor scraper, large track-type tractor, and wheel dozer products; longwall, highwall, and continuous miners; and mining, off-highway, and articulated trucks.

Caterpillar Inc. (NYSE:CAT) Institutional Investors Chart

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