Market News

As Hrg Group (HRG) Shares Declined, Numina Capital Management Has Boosted Position; As Caterpillar Del (CAT) Market Value Declined, Weatherly Asset Management Has Cut Holding

Caterpillar Inc. (NYSE:CAT) Logo

Numina Capital Management Llc increased its stake in Hrg Group Inc (HRG) by 8.3% based on its latest 2017Q4 regulatory filing with the SEC. Numina Capital Management Llc bought 522,524 shares as the company’s stock declined 17.45% with the market. The institutional investor held 6.82M shares of the miscellaneous company at the end of 2017Q4, valued at $115.59 million, up from 6.30 million at the end of the previous reported quarter. Numina Capital Management Llc who had been investing in Hrg Group Inc for a number of months, seems to be bullish on the $2.41B market cap company. The stock increased 0.93% or $0.1101 during the last trading session, reaching $11.8901. About 937,988 shares traded. HRG Group, Inc. (NYSE:HRG) has declined 24.44% since May 14, 2017 and is downtrending. It has underperformed by 35.99% the S&P500.

Weatherly Asset Management decreased its stake in Caterpillar Inc Del (CAT) by 14.85% based on its latest 2017Q4 regulatory filing with the SEC. Weatherly Asset Management sold 2,016 shares as the company’s stock declined 5.62% with the market. The institutional investor held 11,563 shares of the capital goods company at the end of 2017Q4, valued at $1.82M, down from 13,579 at the end of the previous reported quarter. Weatherly Asset Management who had been investing in Caterpillar Inc Del for a number of months, seems to be less bullish one the $92.77 billion market cap company. The stock increased 0.19% or $0.29 during the last trading session, reaching $155.15. About 1.76M shares traded. Caterpillar Inc. (NYSE:CAT) has risen 60.63% since May 14, 2017 and is uptrending. It has outperformed by 49.08% the S&P500.

Among 35 analysts covering Caterpillar Inc. (NYSE:CAT), 18 have Buy rating, 4 Sell and 13 Hold. Therefore 51% are positive. Caterpillar Inc. had 135 analyst reports since July 27, 2015 according to SRatingsIntel. The rating was downgraded by Bank of America to “Hold” on Thursday, May 3. Jefferies maintained the stock with “Hold” rating in Tuesday, May 30 report. The company was maintained on Monday, September 18 by Tigress Financial. The company was maintained on Friday, April 13 by Robert W. Baird. The firm has “Hold” rating by Stifel Nicolaus given on Monday, July 24. The rating was upgraded by Atlantic Securities to “Neutral” on Thursday, August 3. As per Wednesday, April 26, the company rating was maintained by Stifel Nicolaus. Goldman Sachs maintained the shares of CAT in report on Tuesday, April 24 with “Buy” rating. The stock of Caterpillar Inc. (NYSE:CAT) has “Buy” rating given on Friday, April 28 by Raymond James. On Tuesday, October 10 the stock rating was maintained by Robert W. Baird with “Hold”.

Since January 30, 2018, it had 0 insider buys, and 3 selling transactions for $23.79 million activity. $84,723 worth of Caterpillar Inc. (NYSE:CAT) was sold by Long Suzette M on Tuesday, January 30.

More notable recent Caterpillar Inc. (NYSE:CAT) news were published by: Seekingalpha.com which released: “Caterpillar’s three-month rolling machine retail sales +28%” on May 11, 2018, also Seekingalpha.com with their article: “Caterpillar: High-Water Mark Indeed” published on May 02, 2018, Seekingalpha.com published: “Caterpillar: More Risk Than Reward” on April 17, 2018. More interesting news about Caterpillar Inc. (NYSE:CAT) were released by: Seekingalpha.com and their article: “Caterpillar: As Good As It Gets” published on April 30, 2018 as well as Seekingalpha.com‘s news article titled: “Buy Caterpillar On The Dip” with publication date: May 09, 2018.

Investors sentiment increased to 1.13 in 2017 Q4. Its up 0.03, from 1.1 in 2017Q3. It improved, as 55 investors sold CAT shares while 401 reduced holdings. 162 funds opened positions while 352 raised stakes. 402.55 million shares or 0.18% more from 401.83 million shares in 2017Q3 were reported. Cutler Inv Counsel Ltd Co owns 3.04% invested in Caterpillar Inc. (NYSE:CAT) for 99,568 shares. Wolverine Asset Management Ltd Liability Corp holds 22,587 shares. First Midwest Commercial Bank Tru Division invested in 22,977 shares. Addison Capital accumulated 1,678 shares or 0.21% of the stock. Tennessee-based State Of Tennessee Treasury Department has invested 0.39% in Caterpillar Inc. (NYSE:CAT). Busey Trust Com, Illinois-based fund reported 60,347 shares. Motco owns 0.01% invested in Caterpillar Inc. (NYSE:CAT) for 655 shares. Piedmont Invest Lc stated it has 194,108 shares or 0.61% of all its holdings. First National Tru holds 0.07% or 4,209 shares in its portfolio. Fairfield Bush And owns 6,000 shares for 0.26% of their portfolio. First Allied Advisory Ser Inc holds 21,542 shares or 0.14% of its portfolio. Winslow Evans & Crocker reported 0.27% of its portfolio in Caterpillar Inc. (NYSE:CAT). Tci Wealth Advsrs holds 1.43% or 20,592 shares. Hartford Investment Mgmt Company accumulated 125,237 shares. Alpha Windward Llc accumulated 40 shares.

Weatherly Asset Management, which manages about $440.23 million and $413.70M US Long portfolio, upped its stake in Raytheon Co (NYSE:RTN) by 3,153 shares to 9,406 shares, valued at $1.77M in 2017Q4, according to the filing. It also increased its holding in Canadian Natl Ry Co (NYSE:CNI) by 4,431 shares in the quarter, for a total of 28,286 shares, and has risen its stake in Apple Inc (NASDAQ:AAPL).

Numina Capital Management Llc, which manages about $258.10M and $639.39M US Long portfolio, decreased its stake in Eqt Corp (NYSE:EQT) by 42,737 shares to 67,263 shares, valued at $3.83M in 2017Q4, according to the filing. It also reduced its holding in Ishares Tr (Put) (IWM) by 325,000 shares in the quarter, leaving it with 175,000 shares, and cut its stake in Equity Comwlth (NYSE:EQC).

Caterpillar Inc. (NYSE:CAT) Institutional Positions Chart

Leave a Reply

Your email address will not be published. Required fields are marked *