Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group Sells 855 Shares of Caterpillar Inc. (NYSE:CAT)

Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group reduced its stake in Caterpillar Inc. (NYSE:CAT - Free Report) by 21.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,082 shares of the industrial products company's stock after selling 855 shares during the period. Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group's holdings in Caterpillar were worth $1,118,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. Halbert Hargrove Global Advisors LLC acquired a new stake in shares of Caterpillar in the 4th quarter worth approximately $27,000. Noble Wealth Management PBC acquired a new stake in shares of Caterpillar in the 4th quarter worth approximately $31,000. Retirement Wealth Solutions LLC acquired a new stake in shares of Caterpillar in the 4th quarter worth approximately $34,000. Albion Financial Group UT lifted its stake in shares of Caterpillar by 334.8% in the 4th quarter. Albion Financial Group UT now owns 100 shares of the industrial products company's stock worth $36,000 after acquiring an additional 77 shares during the period. Finally, Whipplewood Advisors LLC acquired a new stake in shares of Caterpillar in the 4th quarter worth approximately $36,000. 70.98% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, Director Gerald Johnson acquired 100 shares of the firm's stock in a transaction that occurred on Tuesday, February 4th. The stock was acquired at an average cost of $365.57 per share, with a total value of $36,557.00. Following the acquisition, the director now owns 3,053 shares in the company, valued at approximately $1,116,085.21. This represents a 3.39 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Jason Kaiser sold 2,425 shares of the stock in a transaction 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 completion of the transaction, 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 disclosure for this sale can be found here. Insiders own 0.29% of the company's stock.

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Caterpillar Stock Up 2.1 %

Caterpillar stock traded up $7.15 during trading hours on Friday, hitting $340.46. The company had a trading volume of 1,934,669 shares, compared to its average volume of 2,497,818. The firm has a market capitalization of $162.72 billion, a P/E ratio of 15.43, a price-to-earnings-growth ratio of 1.87 and a beta of 1.15. 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 firm's fifty day moving average is $360.81 and its 200-day moving average is $372.49. Caterpillar Inc. has a fifty-two week low of $307.05 and a fifty-two week high of $418.50.

Caterpillar (NYSE:CAT - Get Free Report) last posted its earnings results on Thursday, January 30th. The industrial products company reported $5.14 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, research analysts forecast that Caterpillar Inc. will post 19.86 earnings per share for the current year.

Analysts Set New Price Targets

A number of research firms recently commented on CAT. DA Davidson boosted their target price on shares of Caterpillar from $350.00 to $357.00 and gave the stock a "neutral" rating in a report on Tuesday, February 4th. Wedbush upgraded shares of Caterpillar to an "outperform" rating in a report on Monday, February 3rd. Bank of America dropped their target price on shares of Caterpillar from $452.00 to $414.00 and set a "buy" rating on the stock in a report on Friday, January 31st. Raymond James upgraded shares of Caterpillar from a "market perform" rating to an "outperform" rating in a report on Monday, February 3rd. Finally, Evercore ISI boosted their target price on shares of Caterpillar from $365.00 to $375.00 and gave the stock an "in-line" rating in a 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 given a buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $383.80.

Caterpillar Company Profile

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.