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

May 16, 2018 - By Stacey Dunning

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 increased. 352 increased holdings while 162 funds amassed holdings. Funds hold 402.55 million shares thus 0.18% more from 2017Q3’s 401.83 million shares. Spinnaker stated it has 20,853 shs or 0.38% of all its holdings. Thompson Siegel & Walmsley Ltd Llc has invested 0.01% of its capital in Caterpillar Inc. (NYSE:CAT). 1,590 are held by Hall Laurie J Trustee. Jane Street Gp Ltd Liability Corporation holds 0.09% or 190,031 shs. 314,014 are owned by Bnp Paribas Arbitrage Sa. Teachers Retirement Sys Of The State Of Kentucky, Kentucky-based fund reported 65,350 shs. Liberty Capital Mgmt reported 130 shs. Welch Gp Ltd Liability Com holds 9,746 shs. Williams Jones & Ltd Liability owns 0.08% invested in Caterpillar Inc. (NYSE:CAT) for 22,228 shs. Argent Trust stated it has 0.1% of its capital in Caterpillar Inc. (NYSE:CAT). American Research And Mngmt holds 0.02% of its capital in Caterpillar Inc. (NYSE:CAT) for 350 shs. Cibc Ww Markets Corp accumulated 1.07% or 948,029 shs. Japan-based Sumitomo Mitsui Asset Management Limited has invested 0.14% in Caterpillar Inc. (NYSE:CAT). Mitchell Mngmt holds 0.17% of its capital in Caterpillar Inc. (NYSE:CAT) for 2,997 shs. First Foundation Advisors has 0.01% invested in Caterpillar Inc. (NYSE:CAT).

CAT registered $23.79 million net activity with 0 insider purchases and 3 insider sales since January 30, 2018. 528 shs were sold by Long Suzette M, worth $84,723 on Tuesday, January 30.

Clint Murray’s stake in Caterpillar Inc Del (NYSE:CAT) is decreased by 35.2% based on its latest 2018Q1 regulatory filing with the SEC. The company’s stock declined 5.62% with the market as Lodge Hill Capital Llc sold 85,000 shares. At the end of 2018Q1, the hedge fund run by Clint Murray held 156,500 shares of the capital goods company, valued at $23.07M, down from 241,500 at the end of the previous reported quarter. $91.96B is Caterpillar Inc Del’s market cap. CAT touched $153.8 during the last trading session after $1.21 change.Caterpillar Inc. has volume of 2.69M shares. Since May 17, 2017 CAT has risen 60.63% and is uptrending. CAT outperformed the S&P 500 by 49.08%.

About $208.28 million and $877.30 million US Long portfolio Lodge Hill Capital Llc manages. It upped its stake in Halliburton Co (Call) (NYSE:HAL) by 330,000 shares to 580,000 shares, valued at $27.23M in 2018Q1, according to the filing. Lodge Hill Capital Llc has risen its stake in Halliburton Co (NYSE:HAL) and also increased its holding in Martin Marietta Matls Inc (NYSE:MLM) by 100,000 shares in the quarter, for a total of 399,810 shares.

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

A total of 21 analysts rate Caterpillar (NYSE:CAT) as follows: 14 “Buy”, 7 “Hold” and 0 “Sell”. Тherefore 67% are bullish. (NYSE:CAT) has 42 ratings reports on May 17, 2018 according to StockzIntelligence. On Thursday, January 18 the firm has “Buy” rating given by Wells Fargo. On Tuesday, December 19 the firm has “Hold” rating given by Robert W. Baird. On Friday, January 26 the firm has “Buy” rating by UBS given. The stock rating was maintained by Tigress Financial with “Buy” on Tuesday, January 30. On Friday, January 5 UBS maintained Caterpillar Inc. (NYSE:CAT) with “Buy” rating. The company rating was maintained by Tigress Financial on Friday, April 27. On Monday, February 12 the rating was maintained by J.P. Morgan with “Buy”. On Friday, January 26 the stock of Caterpillar Inc. (NYSE:CAT) earned “Hold” rating by Jefferies. On Thursday, January 18 Jefferies maintained Caterpillar Inc. (NYSE:CAT) rating. Jefferies has “Hold” rating and $165.0 target. On Thursday, January 11 RBC Capital Markets maintained Caterpillar Inc. (NYSE:CAT) with “Hold” rating.

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.122.06 is the P/E ratio. 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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