American Century Companies Inc. Sells 2,705 Shares of Caterpillar Inc. (NYSE:CAT)

American Century Companies Inc. reduced its position in shares of Caterpillar Inc. (NYSE:CAT - Free Report) by 0.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 514,295 shares of the industrial products company's stock after selling 2,705 shares during the quarter. American Century Companies Inc. owned 0.11% of Caterpillar worth $186,566,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Plancorp LLC lifted its holdings in Caterpillar by 26.4% during the 4th quarter. Plancorp LLC now owns 2,455 shares of the industrial products company's stock valued at $891,000 after purchasing an additional 512 shares during the last quarter. Vestor Capital LLC lifted its holdings in Caterpillar by 0.6% during the 4th quarter. Vestor Capital LLC now owns 10,754 shares of the industrial products company's stock worth $3,901,000 after purchasing an additional 67 shares during the last quarter. Cyrus J. Lawrence LLC bought a new stake in Caterpillar in the 4th quarter valued at $27,000. Mizuho Securities USA LLC increased its position in Caterpillar by 45.5% during the 4th quarter. Mizuho Securities USA LLC now owns 45,759 shares of the industrial products company's stock worth $16,600,000 after buying an additional 14,316 shares during the period. Finally, Quantbot Technologies LP bought a new stake in shares of Caterpillar in the fourth quarter valued at about $933,000. Institutional investors and hedge funds own 70.98% of the company's stock.

Caterpillar Trading Up 0.3 %

Shares of Caterpillar stock traded up $0.98 on Tuesday, hitting $342.65. 1,159,660 shares of the company's stock traded hands, compared to its average volume of 2,447,507. The company has a market capitalization of $163.76 billion, a price-to-earnings ratio of 15.53, a price-to-earnings-growth ratio of 1.87 and a beta of 1.15. The company has a fifty day moving average of $358.19 and a two-hundred day moving average of $372.36. The company has a debt-to-equity ratio of 1.40, a current ratio of 1.42 and a quick ratio of 0.89. Caterpillar Inc. has a one year low of $307.05 and a one year high of $418.50.

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Caterpillar (NYSE:CAT - Get Free Report) last released its earnings results on Thursday, January 30th. The industrial products company reported $5.14 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $4.97 by $0.17. Caterpillar had a net margin of 16.65% and a return on equity of 58.18%. As a group, sell-side analysts expect that Caterpillar Inc. will post 19.86 earnings per share for the current year.

Insider Activity

In other Caterpillar news, CFO Andrew R. J. Bonfield sold 10,000 shares of the business's stock in a transaction on Thursday, January 16th. The stock was sold at an average price of $380.09, for a total value of $3,800,900.00. Following the sale, the chief financial officer now directly owns 45,182 shares in the company, valued at $17,173,226.38. The trade was a 18.12 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Gerald Johnson acquired 100 shares of the company's stock in a transaction on Tuesday, February 4th. The shares were acquired at an average cost of $365.57 per share, for a total transaction of $36,557.00. Following the completion of the acquisition, the director now owns 3,053 shares of the company's stock, valued at approximately $1,116,085.21. The trade was a 3.39 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 0.29% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on CAT. Morgan Stanley reduced their price target on Caterpillar from $330.00 to $300.00 and set an "underweight" rating on the stock in a research report on Friday, January 31st. JPMorgan Chase & Co. cut their price target on shares of Caterpillar from $515.00 to $490.00 and set an "overweight" rating for the company in a report on Friday, January 31st. StockNews.com downgraded shares of Caterpillar from a "buy" rating to a "hold" rating in a research report on Tuesday, February 25th. Jefferies Financial Group lifted their price target on Caterpillar from $455.00 to $475.00 and gave the company a "buy" rating in a research note on Friday, December 6th. Finally, Evercore ISI upped their price objective on Caterpillar from $365.00 to $375.00 and gave the stock an "in-line" rating in a research report on Wednesday, February 19th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $383.80.

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.