Caterpillar, Inc. (NYSE:CAT) To Go Ex-Dividend on July 18th

Paterniano Del Favero
Luglio 18, 2017

In Industrial Goods sector, shares of Caterpillar Inc. (NYSE:CAT) by 5.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). (CAT) have 587.53 million outstanding shares now held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Other large investors have also recently modified their holdings of the company. Advantage Investment Management LLC bought a new stake in Caterpillar during the fourth quarter valued at approximately $125,000. Private Trust Co. NA now owns 7,548 shares of the industrial products company's stock worth $700,000 after buying an additional 1,413 shares in the last quarter. Ameriprise Financial Inc. raised its stake in Caterpillar by 101.4% in the first quarter. First Personal Financial Services now owns 1,198 shares of the industrial products company's stock worth $111,000 after buying an additional 750 shares in the last quarter. Atalanta Sosnoff Capital LLC now owns 418,280 shares of the industrial products company's stock valued at $38,799,000 after buying an additional 414,432 shares during the period. Diversified Trust Co raised its position in Caterpillar by 1.9% in the first quarter. Ledyard National Bank now owns 1,425 shares of the industrial products company's stock worth $132,000 after buying an additional 845 shares in the last quarter. The Company operates through segments, including Construction Industries, Resource Industries, Energy & Transportation, Financial Products segment and All Other operating segments.

Caterpillar, Inc. has a 12 month low of $78.34 and a 12 month high of $110.00. (CAT) were valued at $108.77 and moved 0.28% as of a recent closing trade.

Now we look at the Moving Averages, the 200-day is 13.39, the 50-day is 4.15 and the 20-day is 2.18.

In the market the company is trading up from yesterday's close of $108.77.

Caterpillar (NYSE:CAT) last released its quarterly earnings results on Tuesday, April 25th. Looking ahead to earnings forecasts, for the running fiscal period, Wall Street analysts have anticipated that the company will report 1.20 earnings per share. Caterpillar had a positive return on equity of 16.46% and a negative net margin of 0.38%. The business had revenue of $9.82 billion for the quarter, compared to analysts' expectations of $9.27 billion. Analysts expect next quarter's EPS will be $0.88 and the next full year EPS is projected to be $5.31. The dividend will be $0.780 per share for the quarter which comes to $3.12 on an annualized basis. On average, equities analysts predict that Caterpillar will post $4.20 EPS for the current year.

Additionally the company announced a dividend for shareholders to be paid on Saturday the 19th of August 2017. Investors of record on Thursday, July 20th will be given a $0.78 dividend. This is a positive change from Caterpillar's previous quarterly dividend of $0.77. The ex-dividend date of this dividend is Tuesday, July 18th. Caterpillar's payout ratio is presently -1,140.70%.

LS Investment Advisors LLC boosted its position in shares of Caterpillar, Inc. If you are viewing this piece on another domain, it was illegally copied and reposted in violation of USA & worldwide copyright and trademark legislation. The original version of this piece can be read at (NYSE:CAT). Edgar Lomax Va reported 515,624 shares. (The) upgraded shares of Caterpillar from a "buy" rating to a "conviction-buy" rating and set a $120.00 target price for the company in a research note on Tuesday, April 4th. Axiom Securities restated a "sell" rating on shares of Caterpillar in a report on Thursday. UBS AG restated a "neutral" rating and issued a $102.00 price objective (up previously from $98.00) on shares of Caterpillar in a research report on Friday, April 28th. Two investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the stock. Caterpillar now has a consensus rating of "Hold" and an average price target of $97.72.

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