Caterpillar INC Del (Put) (CAT) Holder Parallax Volatility Advisers LP Raised Position

January 23, 2018 - By Migdalia James

Investors sentiment increased to 1.1 in Q3 2017. Its up 0.14, from 0.96 in 2017Q2. It is positive, as 50 investors sold CAT shares while 377 reduced holdings. 125 funds opened positions while 344 raised stakes. 401.83 million shares or 0.39% less from 403.41 million shares in 2017Q2 were reported. Wellington Shields Cap Mngmt Lc has 3,200 shares for 0.05% of their portfolio. Gabelli Funds Ltd Liability Co accumulated 139,800 shares. 4,289 were accumulated by Southeast Asset Incorporated. Howe Rusling Inc invested in 2,190 shares. 4,544 are held by Buckingham Asset Mngmt Limited Liability Corporation. Garde Cap has invested 0.14% in Caterpillar Inc. (NYSE:CAT). Ngam Lp owns 55,964 shares. Virginia Retirement Et Al accumulated 203,000 shares or 0.31% of the stock. Mason Street Advsrs Ltd Company invested in 82,038 shares or 0.25% of the stock. Morgan Stanley reported 0.18% stake. Dixon Hubard Feinour And Brown Va reported 6,572 shares stake. Parsec Fin Mngmt has 0.04% invested in Caterpillar Inc. (NYSE:CAT). Ubs Asset Mgmt Americas Inc stated it has 0.22% in Caterpillar Inc. (NYSE:CAT). Huntington Bancorporation holds 0.16% or 76,260 shares. Wesbanco Savings Bank accumulated 9,002 shares or 0.06% of the stock.

Since August 4, 2017, it had 0 insider purchases, and 3 selling transactions for $2.32 million activity. Long Suzette M sold $1.58 million worth of stock or 13,859 shares. De Lange Bob sold $216,276 worth of Caterpillar Inc. (NYSE:CAT) on Thursday, October 26.

Parallax Volatility Advisers Lp increased its stake in Caterpillar Inc Del (Put) (CAT) by 724.41% based on its latest 2017Q3 regulatory filing with the SEC. Parallax Volatility Advisers Lp bought 1.47 million shares as the company’s stock rose 3.62% with the market. The institutional investor held 1.67 million shares of the capital goods company at the end of 2017Q3, valued at $208.09 million, up from 202,400 at the end of the previous reported quarter. Parallax Volatility Advisers Lp who had been investing in Caterpillar Inc Del (Put) for a number of months, seems to be bullish on the $100.80 billion market cap company. The stock decreased 0.85% or $1.46 during the last trading session, reaching $169.43. About 4.99 million shares traded or 21.25% up from the average. Caterpillar Inc. (NYSE:CAT) has risen 47.53% since January 23, 2017 and is uptrending. It has outperformed by 30.83% the S&P500.

Parallax Volatility Advisers Lp, which manages about $4.50B and $60.64B US Long portfolio, decreased its stake in Bank Amer Corp (NYSE:BAC) by 2.67 million shares to 1.64M shares, valued at $41.47 million in 2017Q3, according to the filing. It also reduced its holding in Wisdomtree Tr (Call) (EPI) by 305,000 shares in the quarter, leaving it with 1.20 million shares, and cut its stake in Advanced Micro Devices Inc (Call) (NASDAQ:AMD).

More notable recent Caterpillar Inc. (NYSE:CAT) news were published by: Seekingalpha.com which released: “Caterpillar: A Good Choice For 2018” on January 16, 2018, also Seekingalpha.com with their article: “Caterpillar Stock Analysis – There’s Trouble Ahead” published on January 17, 2018, Fool.com published: “There Was More to Caterpillar Inc. Stock’s 11.6% Jump in December Than You …” on January 08, 2018. More interesting news about Caterpillar Inc. (NYSE:CAT) were released by: Seekingalpha.com and their article: “How High And How Long Can This CAT Jump?” published on January 21, 2018 as well as Seekingalpha.com‘s news article titled: “Caterpillar Is Back In Business” with publication date: January 18, 2018.

Caterpillar Inc. (NYSE:CAT) Ratings Coverage

Among 31 analysts covering Caterpillar Inc. (NYSE:CAT), 15 have Buy rating, 4 Sell and 12 Hold. Therefore 48% are positive. Caterpillar Inc. had 109 analyst reports since July 27, 2015 according to SRatingsIntel. Deutsche Bank downgraded it to “Hold” rating and $106 target in Friday, June 23 report. On Thursday, September 21 the stock rating was maintained by Robert W. Baird with “Hold”. Wells Fargo maintained the stock with “Buy” rating in Monday, October 16 report. Stifel Nicolaus maintained Caterpillar Inc. (NYSE:CAT) on Friday, September 25 with “Buy” rating. Credit Suisse maintained the shares of CAT in report on Friday, January 19 with “Buy” rating. UBS maintained the shares of CAT in report on Wednesday, October 25 with “Buy” rating. On Friday, June 16 the stock rating was maintained by Axiom Capital with “Sell”. Goldman Sachs maintained the shares of CAT in report on Monday, December 7 with “Neutral” rating. The rating was maintained by Citigroup with “Neutral” on Friday, March 18. The stock of Caterpillar Inc. (NYSE:CAT) earned “Buy” rating by UBS on Monday, September 18.

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