UniSuper Management Pty Ltd Purchases 6,145 Shares of Caterpillar Inc. (NYSE:CAT)

UniSuper Management Pty Ltd grew its stake in Caterpillar Inc. (NYSE:CAT - Free Report) by 27.3% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 28,670 shares of the industrial products company's stock after buying an additional 6,145 shares during the quarter. UniSuper Management Pty Ltd's holdings in Caterpillar were worth $10,400,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of CAT. Vanguard Group Inc. grew its holdings in shares of Caterpillar by 0.6% during the 4th quarter. Vanguard Group Inc. now owns 46,809,540 shares of the industrial products company's stock worth $16,980,629,000 after purchasing an additional 284,366 shares in the last quarter. Geode Capital Management LLC raised its position in shares of Caterpillar by 0.7% in the 3rd quarter. Geode Capital Management LLC now owns 10,213,455 shares of the industrial products company's stock worth $3,987,206,000 after acquiring an additional 67,148 shares in the last quarter. Fisher Asset Management LLC increased its holdings in shares of Caterpillar by 1.4% during the fourth quarter. Fisher Asset Management LLC now owns 9,081,775 shares of the industrial products company's stock valued at $3,294,505,000 after acquiring an additional 129,143 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Caterpillar by 1.8% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,627,513 shares of the industrial products company's stock worth $1,418,793,000 after acquiring an additional 64,452 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its holdings in shares of Caterpillar by 1.9% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 3,289,101 shares of the industrial products company's stock worth $1,193,154,000 after buying an additional 61,723 shares during the last quarter. Institutional investors and hedge funds own 70.98% of the company's stock.

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Caterpillar Trading Up 0.6 %

Shares of Caterpillar stock traded up $1.99 during midday trading on Tuesday, reaching $331.79. The company had a trading volume of 510,378 shares, compared to its average volume of 2,531,886. Caterpillar Inc. has a fifty-two week low of $307.05 and a fifty-two week high of $418.50. The company has a debt-to-equity ratio of 1.40, a current ratio of 1.42 and a quick ratio of 0.89. The stock has a fifty day moving average price of $353.87 and a 200 day moving average price of $372.44. The firm has a market cap of $158.57 billion, a PE ratio of 15.02, a P/E/G ratio of 1.87 and a beta of 1.15.

Caterpillar (NYSE:CAT - Get Free Report) last posted its earnings results on Thursday, January 30th. The industrial products company reported $5.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.97 by $0.17. Caterpillar had a net margin of 16.65% and a return on equity of 58.18%. On average, equities analysts anticipate that Caterpillar Inc. will post 19.86 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on CAT shares. Wedbush raised shares of Caterpillar to an "outperform" rating in a report on Monday, February 3rd. Evercore ISI increased their price target on shares of Caterpillar from $365.00 to $375.00 and gave the stock an "in-line" rating in a research note on Wednesday, February 19th. Morgan Stanley reduced their price target on shares of Caterpillar from $330.00 to $300.00 and set an "underweight" rating for the company in a research note on Friday, January 31st. Jefferies Financial Group raised their target price on shares of Caterpillar from $455.00 to $475.00 and gave the stock a "buy" rating in a research note on Friday, December 6th. Finally, UBS Group raised Caterpillar from a "sell" rating to a "neutral" rating and lifted their target price for the stock from $355.00 to $385.00 in a report on Monday, February 3rd. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and nine have assigned a buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $383.80.

Insider Buying and Selling

In related news, insider Jason Kaiser sold 2,425 shares of the company's stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $354.70, for a total transaction of $860,147.50. Following the sale, the insider now owns 6,275 shares of the company's stock, valued at approximately $2,225,742.50. This represents a 27.87 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Gerald Johnson purchased 100 shares of the firm's stock in a transaction dated Tuesday, February 4th. The stock was purchased at an average cost of $365.57 per share, for a total transaction of $36,557.00. Following the acquisition, the director now owns 3,053 shares of the company's stock, valued at approximately $1,116,085.21. This trade represents a 3.39 % increase in their position. The disclosure for this purchase can be found here. 0.29% of the stock is currently owned by insiders.

About Caterpillar

Caterpillar Inc manufactures and sells construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives in worldwide. Its Construction Industries segment offers asphalt pavers, compactors, road reclaimers, forestry machines, cold planers, material handlers, track-type tractors, excavators, telehandlers, motor graders, and pipelayers; compact track, wheel, track-type, backhoe, and skid steer loaders; and related parts and tools.