Schmidt P J Investment Management Decreased Holding in Boeing Co (BA) by $590,058; Caterpillar Del (CAT) Shareholder Weatherly Asset Management Lowered Position by $316,512

May 23, 2018 - By Ellis Scott

Caterpillar Inc. (NYSE:CAT) Logo

Weatherly Asset Management decreased its stake in Caterpillar Inc Del (CAT) by 14.85% based on its latest 2017Q4 regulatory filing with the SEC. Weatherly Asset Management sold 2,016 shares as the company’s stock declined 5.62% with the market. The institutional investor held 11,563 shares of the capital goods company at the end of 2017Q4, valued at $1.82 million, down from 13,579 at the end of the previous reported quarter. Weatherly Asset Management who had been investing in Caterpillar Inc Del for a number of months, seems to be less bullish one the $92.82B market cap company. The stock decreased 0.61% or $0.96 during the last trading session, reaching $155.24. About 431,816 shares traded. Caterpillar Inc. (NYSE:CAT) has risen 60.63% since May 23, 2017 and is uptrending. It has outperformed by 49.08% the S&P500.

Schmidt P J Investment Management Inc decreased its stake in Boeing Co (BA) by 18.12% based on its latest 2017Q4 regulatory filing with the SEC. Schmidt P J Investment Management Inc sold 2,007 shares as the company’s stock rose 8.82% while stock markets declined. The institutional investor held 9,067 shares of the aerospace company at the end of 2017Q4, valued at $2.67M, down from 11,074 at the end of the previous reported quarter. Schmidt P J Investment Management Inc who had been investing in Boeing Co for a number of months, seems to be less bullish one the $209.06 billion market cap company. The stock increased 0.28% or $0.985 during the last trading session, reaching $356.005. About 344,071 shares traded. The Boeing Company (NYSE:BA) has risen 82.35% since May 23, 2017 and is uptrending. It has outperformed by 70.80% the S&P500.

Among 27 analysts covering Boeing (NYSE:BA), 19 have Buy rating, 1 Sell and 7 Hold. Therefore 70% are positive. Boeing had 117 analyst reports since August 26, 2015 according to SRatingsIntel. RBC Capital Markets maintained the shares of BA in report on Thursday, October 22 with “Sector Perform” rating. The rating was downgraded by Standpoint Research to “Sell” on Wednesday, October 26. Citigroup maintained it with “Buy” rating and $160 target in Monday, September 19 report. As per Thursday, April 26, the company rating was upgraded by Societe Generale. The firm earned “Overweight” rating on Friday, July 14 by JP Morgan. The firm has “Buy” rating given on Tuesday, May 30 by Jefferies. On Thursday, January 28 the stock rating was maintained by RBC Capital Markets with “Sector Perform”. Seaport Global maintained the shares of BA in report on Wednesday, January 17 with “Buy” rating. As per Tuesday, February 13, the company rating was upgraded by Edward Jones. The rating was maintained by Canaccord Genuity with “Hold” on Wednesday, October 18.

More notable recent The Boeing Company (NYSE:BA) news were published by: Bizjournals.com which released: “Boeing Roundup: SC workers plan union vote… American staff criticize 737 MAX… New 777X wing design” on May 22, 2018, also 247Wallst.com with their article: “Boeing Returns as Top Performing Dow Stock” published on May 19, 2018, Livetradingnews.com published: “The Boeing Company (NYSE:BA) Stock Overbought” on May 23, 2018. More interesting news about The Boeing Company (NYSE:BA) were released by: 247Wallst.com and their article: “How Boeing Crushed Earnings Estimates, Lifted Guidance” published on April 25, 2018 as well as 247Wallst.com‘s news article titled: “Boeing, Airbus Both Claim Victory in WTO Subsidy Case” with publication date: May 15, 2018.

Since February 8, 2018, it had 0 insider purchases, and 6 selling transactions for $18.83 million activity. On Thursday, May 3 the insider CAPOZZI HEIDI B sold $373,379. The insider Sands Diana L sold 4,500 shares worth $1.48M. The insider Smith Gregory D sold $12.17 million. $762,543 worth of The Boeing Company (NYSE:BA) was sold by Hyslop Gregory L. Shares for $3.10 million were sold by LUTTIG J MICHAEL.

Analysts await The Boeing Company (NYSE:BA) to report earnings on July, 25. They expect $3.44 earnings per share, up 34.90% or $0.89 from last year’s $2.55 per share. BA’s profit will be $2.02 billion for 25.87 P/E if the $3.44 EPS becomes a reality. After $3.64 actual earnings per share reported by The Boeing Company for the previous quarter, Wall Street now forecasts -5.49% negative EPS growth.

Schmidt P J Investment Management Inc, which manages about $434.11 million and $353.43M US Long portfolio, upped its stake in General Electric Co (NYSE:GE) by 52,015 shares to 188,274 shares, valued at $3.29M in 2017Q4, according to the filing.

Investors sentiment decreased to 0.79 in Q4 2017. Its down 0.02, from 0.81 in 2017Q3. It fall, as 65 investors sold BA shares while 614 reduced holdings. 148 funds opened positions while 391 raised stakes. 373.50 million shares or 9.30% less from 411.79 million shares in 2017Q3 were reported. Jaffetilchin Inv Ltd Company invested in 0.23% or 2,358 shares. Buckingham Asset Mngmt Ltd Company reported 14,690 shares. Fuller And Thaler Asset Management accumulated 0.01% or 3,300 shares. Field And Main Bancshares reported 1.72% of its portfolio in The Boeing Company (NYSE:BA). Bradley Foster & Sargent Ct reported 0.16% of its portfolio in The Boeing Company (NYSE:BA). Sonata Capital Group stated it has 4,999 shares or 1.06% of all its holdings. Exchange Mgmt owns 3,442 shares. Moody Retail Bank Division holds 0.16% in The Boeing Company (NYSE:BA) or 11,705 shares. Lord Abbett Com Ltd Llc reported 0.11% in The Boeing Company (NYSE:BA). Kanawha Cap Mngmt Ltd reported 692 shares. Burke & Herbert Retail Bank & invested 1.86% in The Boeing Company (NYSE:BA). Dynamic Advisors Solutions Ltd owns 3,560 shares for 0.34% of their portfolio. Advisory Services Net holds 0.42% or 16,155 shares in its portfolio. Winch Advisory Svcs Limited Com has 0.04% invested in The Boeing Company (NYSE:BA) for 231 shares. West Coast Lc stated it has 2.11% of its portfolio in The Boeing Company (NYSE:BA).

Investors sentiment increased to 1.13 in Q4 2017. Its up 0.03, from 1.1 in 2017Q3. It increased, as 55 investors sold CAT shares while 401 reduced holdings. 162 funds opened positions while 352 raised stakes. 402.55 million shares or 0.18% more from 401.83 million shares in 2017Q3 were reported. Stifel has invested 0.22% in Caterpillar Inc. (NYSE:CAT). Deutsche Commercial Bank Ag reported 0.17% of its portfolio in Caterpillar Inc. (NYSE:CAT). 21,124 are owned by City Holding. Bkd Wealth Ltd Llc reported 22,646 shares. Suffolk Cap Mngmt Ltd invested 1.01% in Caterpillar Inc. (NYSE:CAT). Folger Nolan Fleming Douglas Capital Management accumulated 35,006 shares. Toronto Dominion Bank & Trust reported 258,037 shares. Hennessy Advsr holds 0.32% or 66,450 shares. 56,802 were accumulated by New Mexico Educational Retirement Board. Etrade Mgmt Limited Company owns 4,203 shares. Northwest Investment Counselors Ltd Co holds 22,852 shares. Alpha Windward Ltd Com accumulated 40 shares. 6,000 are owned by Fairfield Bush. Oppenheimer Asset Mgmt Inc invested in 7,372 shares or 0.02% of the stock. Fort Washington Advisors Oh holds 64,398 shares or 0.1% of its portfolio.

Since January 30, 2018, it had 1 buy, and 4 selling transactions for $23.72 million activity. Creed Joseph E sold $705,496 worth of stock. Another trade for 5,000 shares valued at $776,850 was bought by CALHOUN DAVID L. Long Suzette M sold $84,723 worth of stock.

Among 35 analysts covering Caterpillar Inc. (NYSE:CAT), 18 have Buy rating, 4 Sell and 13 Hold. Therefore 51% are positive. Caterpillar Inc. had 136 analyst reports since July 27, 2015 according to SRatingsIntel. The company was maintained on Friday, April 13 by Robert W. Baird. The company was maintained on Tuesday, April 24 by Robert W. Baird. The company was upgraded on Thursday, May 11 by Bank of America. As per Tuesday, January 23, the company rating was upgraded by Seaport Global. The company was downgraded on Friday, September 25 by William Blair. As per Tuesday, April 26, the company rating was upgraded by Argus Research. Raymond James maintained the stock with “Buy” rating in Friday, April 28 report. The stock of Caterpillar Inc. (NYSE:CAT) has “Buy” rating given on Thursday, February 15 by UBS. Goldman Sachs upgraded the shares of CAT in report on Monday, April 25 to “Neutral” rating. The firm has “Hold” rating by Robert W. Baird given on Tuesday, December 19.

More notable recent Caterpillar Inc. (NYSE:CAT) news were published by: Investorplace.com which released: “The Upside Remains Huge for Caterpillar Inc.” on May 17, 2018, also Seekingalpha.com with their article: “Caterpillar: As Good As It Gets” published on April 30, 2018, Seekingalpha.com published: “Caterpillar’s three-month rolling machine retail sales +28%” on May 11, 2018. More interesting news about Caterpillar Inc. (NYSE:CAT) were released by: Seekingalpha.com and their article: “The Real Significance Of Caterpillar’s ‘High Watermark’ Comment” published on May 15, 2018 as well as Seekingalpha.com‘s news article titled: “Caterpillar can’t keep up with demand?” with publication date: May 23, 2018.

Analysts await Caterpillar Inc. (NYSE:CAT) to report earnings on July, 24. They expect $2.57 EPS, up 72.48% or $1.08 from last year’s $1.49 per share. CAT’s profit will be $1.54B for 15.10 P/E if the $2.57 EPS becomes a reality. After $2.82 actual EPS reported by Caterpillar Inc. for the previous quarter, Wall Street now forecasts -8.87% negative EPS growth.

Caterpillar Inc. (NYSE:CAT) Institutional Positions Chart

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