Parallax Volatility Advisers LP Upped Its Holding in Caterpillar INC Del (Put) (CAT) by $181.81 Million as Market Valuation Rose

January 23, 2018 - By Clifton Ray

Investors sentiment increased to 1.1 in 2017 Q3. Its up 0.14, from 0.96 in 2017Q2. It is positive, as 50 investors sold CAT shares while 377 reduced holdings. 125 funds opened positions while 344 raised stakes. 401.83 million shares or 0.39% less from 403.41 million shares in 2017Q2 were reported. Thompson Siegel And Walmsley Ltd Liability, a Virginia-based fund reported 6,660 shares. Blackhill holds 1.4% or 60,005 shares in its portfolio. Cibc Bancorporation Usa has invested 0.16% of its portfolio in Caterpillar Inc. (NYSE:CAT). Bragg Financial Advsr, North Carolina-based fund reported 7,643 shares. Paloma has 0.02% invested in Caterpillar Inc. (NYSE:CAT). Birinyi Assoc invested in 0.77% or 12,906 shares. Martin Currie Ltd owns 36,667 shares or 0.35% of their US portfolio. Shelter Mutual Insurance invested in 86,200 shares or 3.35% of the stock. Meiji Yasuda Asset Mgmt Communication invested 0.22% of its portfolio in Caterpillar Inc. (NYSE:CAT). Patten Group Incorporated accumulated 2,371 shares or 0.04% of the stock. Cap Wealth Planning Limited Company holds 1.86% or 18,907 shares. Spirit Of America accumulated 9,350 shares or 0.12% of the stock. 3,025 are held by Waters Parkerson & Comm Ltd Llc. Wilbanks Smith Thomas Asset Mgmt Llc invested in 89,897 shares or 0.95% of the stock. Palisade Asset Mngmt Ltd Llc holds 0.18% or 7,721 shares.

Since August 4, 2017, it had 0 buys, and 3 insider sales for $2.32 million activity. DICKINSON DANIEL M sold $522,724 worth of stock or 3,813 shares. Long Suzette M sold $1.58 million worth of stock or 13,859 shares.

Parallax Volatility Advisers Lp increased its stake in Caterpillar Inc Del (Put) (CAT) by 724.41% based on its latest 2017Q3 regulatory filing with the SEC. Parallax Volatility Advisers Lp bought 1.47 million shares as the company’s stock rose 3.62% with the market. The institutional investor held 1.67 million shares of the capital goods company at the end of 2017Q3, valued at $208.09M, up from 202,400 at the end of the previous reported quarter. Parallax Volatility Advisers Lp who had been investing in Caterpillar Inc Del (Put) for a number of months, seems to be bullish on the $100.80 billion market cap company. The stock decreased 0.85% or $1.46 during the last trading session, reaching $169.43. About 4.99 million shares traded or 21.25% up from the average. Caterpillar Inc. (NYSE:CAT) has risen 47.53% since January 23, 2017 and is uptrending. It has outperformed by 30.83% the S&P500.

Parallax Volatility Advisers Lp, which manages about $4.50 billion and $60.64 billion US Long portfolio, decreased its stake in Microsoft Corp (NASDAQ:MSFT) by 3.06M shares to 493,019 shares, valued at $36.73M in 2017Q3, according to the filing. It also reduced its holding in Wells Fargo Co New (Call) (NYSE:WFC) by 1.07 million shares in the quarter, leaving it with 2.02 million shares, and cut its stake in Bp Plc (Call) (NYSE:BP).

More notable recent Caterpillar Inc. (NYSE:CAT) news were published by: Seekingalpha.com which released: “Caterpillar Is Back In Business” on January 18, 2018, also Seekingalpha.com with their article: “How Far Could Caterpillar Fall?” published on January 15, 2018, Bloomberg.com published: “Caterpillar Earnings Outlook Improves Most Among Dow Members” on January 23, 2018. More interesting news about Caterpillar Inc. (NYSE:CAT) were released by: Seekingalpha.com and their article: “Caterpillar: A Good Choice For 2018” published on January 16, 2018 as well as Seekingalpha.com‘s news article titled: “Caterpillar Is Just Getting Started” with publication date: January 18, 2018.

Caterpillar Inc. (NYSE:CAT) Ratings Coverage

Among 31 analysts covering Caterpillar Inc. (NYSE:CAT), 15 have Buy rating, 4 Sell and 12 Hold. Therefore 48% are positive. Caterpillar Inc. had 109 analyst reports since July 27, 2015 according to SRatingsIntel. Barclays Capital initiated Caterpillar Inc. (NYSE:CAT) on Tuesday, December 12 with “Buy” rating. The rating was maintained by BMO Capital Markets with “Buy” on Friday, September 8. The stock of Caterpillar Inc. (NYSE:CAT) earned “Buy” rating by UBS on Wednesday, October 25. On Thursday, October 26 the stock rating was maintained by Argus Research with “Buy”. The company was maintained on Monday, July 24 by Stifel Nicolaus. The firm earned “Neutral” rating on Wednesday, October 25 by Citigroup. The rating was maintained by Tigress Financial with “Buy” on Monday, October 30. On Friday, June 16 the stock rating was maintained by Axiom Capital with “Sell”. The stock has “Buy” rating by Argus Research on Wednesday, August 2. The firm has “Hold” rating given on Wednesday, December 13 by Credit Suisse.

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