Lodge Hill Capital Llc Trimmed Its Caterpillar Inc Del (NYSE:CAT) Position as Price Declined

May 16, 2018 - By Kristin Houston

Caterpillar Inc. (NYSE:CAT) Corporate LogoDuring Q4 2017 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 is positive. 352 increased holdings while 162 funds took holdings. Funds hold 402.55 million shares thus 0.18% more from 2017Q3’s 401.83 million shares. Great Lakes Advsrs Lc holds 0.02% of its capital in Caterpillar Inc. (NYSE:CAT) for 5,956 shs. Huntington Steele stated it has 3,789 shs. Ibm Retirement Fund holds 0.41% or 14,000 shs in its capital. Clear Harbor Asset Management Ltd Liability reported 1.02% of its capital in Caterpillar Inc. (NYSE:CAT). Gamble Jones Counsel reported 0.26% in Caterpillar Inc. (NYSE:CAT). Bath Savings owns 2,686 shs or 0.11% of their US capital. Captrust invested in 0.18% or 18,666 shs. 26,259 were reported by Hudson Bay Management Limited Partnership. Wharton Business Gp Ltd Co holds 2,380 shs or 0.04% of its capital. 1,809 were accumulated by First Interstate Natl Bank. Fort Washington Invest Oh has 64,398 shs for 0.1% of their capital. Warren Averett Asset Management Limited Liability Co owns 7,541 shs. Price T Rowe Assoc Md, a Maryland-based fund reported 1.86M shs. Hyman Charles D reported 2.63% stake. Old Mutual Customised Solutions (Proprietary) Limited reported 0.59% stake.

CAT registered $23.79 million net activity with 0 buys and 3 sales since January 30, 2018. Pellette Thomas A also sold $15.53M worth of Caterpillar Inc. (NYSE:CAT) on Wednesday, January 31.

The holdings In Caterpillar Inc Del (NYSE:CAT) owned by Clint Murray was reduced. According to 2018Q1 Securities and Exchange form the decrease is 35.2%. 85,000 shares were sold by Lodge Hill Capital Llc as the company’s stock declined 5.62% with the market. 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. Caterpillar Inc Del has $91.96 billion market cap. Ticker’s shares touched $153.8 during the last trading session after 0.79% change.Caterpillar Inc. has volume of 2.69M shares. Since May 17, 2017 CAT has risen 60.63% and is uptrending. CAT outperformed by 49.08% the S&P500.

According to a filing Lodge Hill Capital Llc rose its stake in Oshkosh Corp (NYSE:OSK) by 217,300 shares to 787,300 shares, valued at $60.84 million in 2018Q1. The fund operates about $208.28 million and $877.30M US Long portfolio. Lodge Hill Capital Llc has risen its stake in Ball Corp (NYSE:BLL) and also increased its holding in Wabco Hldgs Inc (NYSE:WBC) by 290,000 shares in the quarter, for a total of 459,120 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

Total analysts of 21 have positions in Caterpillar (NYSE:CAT) as follows: 14 rated it a “Buy”, 0 with “Sell” and 7 with “Hold”. The positive are 67%. Since December 5, 2017 according to StockzIntelligence Inc Caterpillar has 42 analyst reports. On Friday, April 27 the rating was maintained by Tigress Financial with “Buy”. On Wednesday, April 25 the company was maintained by RBC Capital Markets. The stock rating was maintained by Wells Fargo with “Buy” on Monday, April 16. On Wednesday, April 25 the stock has “Neutral” rating by Daiwa Securities. On Thursday, February 1 the firm earned “Buy” rating by Argus Research. On Friday, January 12 the stock has “Hold” rating by Robert W. Baird. On Wednesday, April 25 the firm has “Buy” rating given by UBS. In Tuesday, December 19 report Robert W. Baird maintained it with “Hold” rating and $145.0 target. On Tuesday, December 12 the company was initiated by Barclays Capital. On Friday, January 26 the company was maintained by Jefferies.

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 firm is valued at $91.96 billion. 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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