Calamos Wealth Management LLC Decreased Its Caterpillar INC (CAT) Stake by $4.07 Million as Shares Declined

April 20, 2018 - By Andre Harris

Caterpillar Inc. (NYSE:CAT) Corporate LogoBig Money Sentiment increased to 1.13 in 2017 Q4. It has change of 0.03, from 2017Q3’s 1.1. The ratio increased due to CAT positioning: 55 sold and 401 reduced. 162 funds acquired positions and 352 increased positions. Investors holded 401.83 million in 2017Q3 but now own 402.55 million shares or 0.18% more. Rampart Invest Mgmt Llc owns 7,248 shs or 0.44% of their US capital. Td Asset Mngmt Inc reported 0.08% in Caterpillar Inc. (NYSE:CAT). Captrust Fincl Advisors owns 18,666 shs or 0.18% of their US capital. Bath Savings Tru owns 2,686 shs or 0.11% of their US capital. Fuller Thaler Asset holds 0.01% in Caterpillar Inc. (NYSE:CAT) or 5,100 shs. Comml Bank Of Nova Scotia, a Ontario – Canada-based fund reported 305,970 shs. New Mexico Educational Retirement Board owns 0.34% invested in Caterpillar Inc. (NYSE:CAT) for 56,802 shs. Roundview Ltd Llc owns 12,300 shs for 0.5% of their capital. Commonwealth Bancorporation Of owns 94,158 shs. Cypress Cap Grp holds 8,548 shs. Sit Investment Inc holds 0.01% or 3,446 shs. 2,600 are held by National Bank & Trust Of Nova Scotia Tru. Systematic Fincl Management Ltd Partnership holds 0.1% or 31,546 shs. Argi Inv Service Limited Liability Com invested in 2,161 shs. Deutsche Comml Bank Ag stated it has 1.71M shs or 0.17% of all its holdings.

CAT registered $16.35 million net activity with 0 buys and 4 insider sales since October 26, 2017. On Wednesday, January 31 Pellette Thomas A sold $15.53 million worth of Caterpillar Inc. (NYSE:CAT). On Tuesday, January 30 Long Suzette M sold $84,723 worth of Caterpillar Inc. (NYSE:CAT). The insider DICKINSON DANIEL M sold $522,724.

In Caterpillar Inc (CAT) was reduced the holdings owned by Calamos Wealth Management Llc. The decrease is 79.52% according to 2017Q4 SEC filling. 25,915 shares were sold by Calamos Wealth Management Llc as the company’s stock declined 5.62% with the market. The capital goods company at the end of 2017Q4 was valued at $1.05 million. It’s down from 32,590 at the end of the previous reported quarter. Now it had 6,675 shares held by the institutional investor . $93.05 billion is the market cap of Caterpillar Inc. CAT touched $155.7 during the last trading session after $0.25 change.Caterpillar Inc. has volume of 4.01 million shares. Since April 20, 2017 CAT has risen 60.63% and is uptrending. CAT outperformed by 49.08% the S&P500.

A portfolio of $927.87M and $770.75 million is managed by Calamos Wealth Management Llc. As it’s published in SEC filling the stake in Dowdupont Inc is upped by 53,335 shares to 118,985 shares. They are valued at $8.47M in 2017Q4. Calamos Wealth Management Llc has risen its stake in Ishares Core Msci Eafe (IEFA) and also increased its holding in Costco Wholesale Corp (NASDAQ:COST) by 27,232 shares in the quarter, for a total of 31,659 shares.

Analysts await Caterpillar Inc. (NYSE:CAT) to report earnings on April, 24 before the open. They expect $2.06 earnings per share, up 60.94 % or $0.78 from last year’s $1.28 per share. CAT’s profit will be $1.23B for 18.90 P/E if the $2.06 EPS becomes a reality. After $2.16 actual earnings per share reported by Caterpillar Inc. for the previous quarter, Wall Street now forecasts -4.63 % negative EPS growth.

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”. 67% are bullish. With $200.0 highest and $140 lowest [Target] Caterpillar has $179.39 average [Target] or 15.22% above the current ($155.7) price. 42 are the (NYSE:CAT)’s analyst reports since October 25, 2017 according to StockzIntelligence Inc. On Friday, April 13 Robert W. Baird maintained Caterpillar Inc. (NYSE:CAT) rating. Robert W. Baird has “Hold” rating and $16800 target. On Tuesday, December 5 the stock of Caterpillar Inc. (NYSE:CAT) earned “Buy” rating by UBS. On Wednesday, October 25 the firm earned “Hold” rating by Deutsche Bank. On Wednesday, October 25 the firm earned “Neutral” rating by Robert W. Baird. In Wednesday, October 25 report Credit Suisse maintained the stock with “Outperform” rating. On Friday, January 19 the firm earned “Buy” rating by Credit Suisse. On Wednesday, October 25 Stifel Nicolaus maintained the shares of CAT in report with “Hold” rating. On Friday, January 12 the firm has “Buy” rating by Bank of America given. On Wednesday, January 24 Barclays Capital maintained the shares of CAT in report with “Overweight” rating. On Friday, January 26 UBS maintained the shares of CAT in report with “Buy” rating.

Caterpillar Inc. (NYSE:CAT) Institutional Investors Chart

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