Beach Point Capital Management LP Upped Visa (V) Position; Caterpillar Inc. (CAT) Had 5 Bullish Analysts

Caterpillar Inc. (NYSE:CAT) Logo

Among 8 analysts covering Caterpillar (NYSE:CAT), 5 have Buy rating, 0 Sell and 3 Hold. Therefore 63% are positive. Caterpillar had 8 analyst reports since September 5, 2018 according to SRatingsIntel. On Wednesday, October 24 the stock rating was maintained by Citigroup with “Buy”. The stock of Caterpillar Inc. (NYSE:CAT) earned “Outperform” rating by Robert W. Baird on Thursday, September 20. The stock has “Buy” rating by Bank of America on Monday, December 3. The firm has “Buy” rating given on Wednesday, September 5 by Deutsche Bank. The firm has “Hold” rating given on Wednesday, October 24 by Jefferies. DZ Bank upgraded it to “Hold” rating and $119 target in Thursday, October 25 report. Credit Suisse maintained Caterpillar Inc. (NYSE:CAT) rating on Wednesday, October 24. Credit Suisse has “Outperform” rating and $183 target. See Caterpillar Inc. (NYSE:CAT) latest ratings:

03/12/2018 Broker: Bank of America Old Rating: Neutral New Rating: Buy Old Target: $140 New Target: $163 Upgrade
25/10/2018 Broker: DZ Bank Old Rating: Sell New Rating: Hold Old Target: $127 New Target: $119 Upgrade
24/10/2018 Broker: Credit Suisse Old Rating: Outperform New Rating: Outperform Old Target: $210 New Target: $183 Maintain
24/10/2018 Broker: Jefferies Old Rating: Hold New Rating: Hold Old Target: $155 New Target: $130 Maintain
24/10/2018 Broker: Citigroup Old Rating: Buy New Rating: Buy Old Target: $175 New Target: $160 Maintain
20/09/2018 Broker: Robert W. Baird Old Rating: Neutral New Rating: Outperform Old Target: $158 Upgrade
07/09/2018 Broker: Oppenheimer Rating: Perform Initiates Coverage On
05/09/2018 Broker: Deutsche Bank Rating: Buy New Target: $177 Maintain

Beach Point Capital Management Lp increased Visa Inc (V) stake by 3.48% reported in 2018Q3 SEC filing. Beach Point Capital Management Lp acquired 5,000 shares as Visa Inc (V)’s stock declined 4.30%. The Beach Point Capital Management Lp holds 148,730 shares with $22.32M value, up from 143,730 last quarter. Visa Inc now has $316.00 billion valuation. The stock increased 1.30% or $1.84 during the last trading session, reaching $143.83. About 3.17 million shares traded. Visa Inc. (NYSE:V) has risen 23.77% since February 13, 2018 and is uptrending. It has outperformed by 23.77% the S&P500. Some Historical V News: 04/04/2018 – New York Pushes JPMorgan, BofA, Visa to Reconsider Gun-Sale Risk; 20/05/2018 – VIETNAM MAY OFFER 30-DAY VISA EXEMPTIONS FOR 12 NATIONS; 11/05/2018 – Peeks Social Commences Next Phase of Visa Card Program; 25/04/2018 – VISA SEES YEAR ADJUSTED EPS GROWTH AT HIGH-20’S, SAW MID-20’S; 25/04/2018 – VISA BOOSTS FORECAST; 19/04/2018 – RUSSIA SAYS U.S. USING VISA `BLOCKADE’ TO EXERT PRESSURE: IFX; 21/04/2018 – DJ Visa Inc Class B, Inst Holders, 1Q 2018 (V99920); 07/05/2018 – PENCE CALLS ON OTHER COUNTRIES TO TAKE STEPS AGAINST VENEZUELA, INCLUDING VISA RESTRICTIONS FOR LEADERS, EFFORTS TO STOP MONEY LAUNDERING AND ACTION TO HOLD MADURO ACCOUNTABLE; 25/04/2018 – VISA – TECHNICAL MIGRATION WITH VISA EUROPE IS WELL UNDERWAY – CONF CALL; 25/04/2018 – VISA 2Q EPS $1.11

Among 5 analysts covering Visa (NYSE:V), 5 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Visa had 6 analyst reports since September 14, 2018 according to SRatingsIntel. Wells Fargo maintained the stock with “Outperform” rating in Monday, October 1 report. BMO Capital Markets maintained the stock with “Outperform” rating in Thursday, October 25 report. Robert W. Baird maintained the shares of V in report on Friday, September 14 with “Outperform” rating.

Beach Point Capital Management Lp decreased Dowdupont Inc stake by 67,500 shares to 220,000 valued at $14.15M in 2018Q3. It also reduced Delta Air Lines Inc Del (NYSE:DAL) stake by 24,116 shares and now owns 167,990 shares. Anadarko Pete Corp (NYSE:APC) was reduced too.

Investors sentiment decreased to 0.97 in 2018 Q3. Its down 0.05, from 1.02 in 2018Q2. It worsened, as 33 investors sold V shares while 655 reduced holdings. 135 funds opened positions while 529 raised stakes. 1.54 billion shares or 0.85% less from 1.56 billion shares in 2018Q2 were reported. Edgemoor Invest Advsr holds 1.26% or 67,754 shares in its portfolio. Griffin Asset Management reported 33,110 shares or 0.73% of all its holdings. Hilton Cap Mgmt Limited Liability Corporation holds 0.11% or 4,697 shares. Federated Pa holds 0.43% or 1.23M shares. Investec Asset Mngmt holds 4.31 million shares or 2.41% of its portfolio. Riverpark Capital Ltd has invested 3.82% in Visa Inc. (NYSE:V). Invesco accumulated 7.53M shares. West Coast Financial has 9,914 shares for 0.34% of their portfolio. Frontier Inv Mngmt Co reported 3.18% of its portfolio in Visa Inc. (NYSE:V). 1,000 are held by Whitnell And Company. Windsor Capital Mngmt Llc holds 0.42% or 6,133 shares. 91,650 were reported by Rmsincerbeaux Mgmt Ltd Liability Com. Systematic Financial Limited Partnership holds 0.04% or 10,300 shares. Zweig reported 232,996 shares. Autus Asset Management Limited Co holds 0.05% or 2,076 shares in its portfolio.

Since November 2, 2018, it had 0 buys, and 5 insider sales for $28.04 million activity. Shares for $13.88 million were sold by Sheedy William M. on Friday, November 2. The insider RICHEY ELLEN sold $11.34M. $325,541 worth of stock was sold by HOFFMEISTER JAMES H on Monday, December 3.

More notable recent Visa Inc. (NYSE:V) news were published by: Seekingalpha.com which released: “Visa slips as concerns about Q2 trends emerge – Seeking Alpha” on January 31, 2019, also Seekingalpha.com with their article: “Visa Q1 2019 Earnings Preview – Seeking Alpha” published on January 29, 2019, Seekingalpha.com published: “How Long Will Visa’s Slump Last? – Seeking Alpha” on February 01, 2019. More interesting news about Visa Inc. (NYSE:V) were released by: Seekingalpha.com and their article: “It Looks Prudent To Hold Visa – Seeking Alpha” published on January 18, 2019 as well as Seekingalpha.com‘s news article titled: “Don’t Think Too Hard: Buy Visa – Seeking Alpha” with publication date: February 07, 2019.

Investors sentiment decreased to 1.09 in 2018 Q3. Its down 0.06, from 1.15 in 2018Q2. It fall, as 56 investors sold Caterpillar Inc. shares while 401 reduced holdings. 130 funds opened positions while 367 raised stakes. 382.91 million shares or 2.93% less from 394.47 million shares in 2018Q2 were reported. Proffitt & Goodson invested in 16 shares. Tiverton Asset Ltd Liability Corp holds 0.24% of its portfolio in Caterpillar Inc. (NYSE:CAT) for 31,608 shares. Viking Fund Management Ltd Liability Corporation has 0.14% invested in Caterpillar Inc. (NYSE:CAT) for 4,500 shares. Virginia-based Burke And Herbert Comml Bank And Tru has invested 0.48% in Caterpillar Inc. (NYSE:CAT). Moreover, First Merchants Corp has 0.51% invested in Caterpillar Inc. (NYSE:CAT) for 20,352 shares. First Quadrant L P Ca stated it has 0.02% of its portfolio in Caterpillar Inc. (NYSE:CAT). Natl Asset Mngmt Inc holds 8,213 shares. Duff & Phelps Invest Mngmt reported 0.01% stake. Moreover, Griffin Asset has 0.33% invested in Caterpillar Inc. (NYSE:CAT) for 14,760 shares. 2,448 are owned by Amer Invest Services. Lehman Finance Resource Inc stated it has 0.12% of its portfolio in Caterpillar Inc. (NYSE:CAT). 177,066 are held by State Treasurer State Of Michigan. Fairview Capital Invest Mgmt reported 0.05% in Caterpillar Inc. (NYSE:CAT). Cap Wealth Planning Limited Liability holds 2.18% in Caterpillar Inc. (NYSE:CAT) or 20,920 shares. Beese Fulmer Mngmt invested 0.09% of its portfolio in Caterpillar Inc. (NYSE:CAT).

Since October 1, 2018, it had 1 buying transaction, and 1 insider sale for $5.28 million activity. 35,051 shares valued at $5.40 million were sold by Johnson Denise C on Monday, October 1. The insider De Lange Bob bought 1,080 shares worth $124,826.

The stock increased 0.14% or $0.19 during the last trading session, reaching $132.86. About 1.45 million shares traded. Caterpillar Inc. (NYSE:CAT) has declined 13.65% since February 13, 2018 and is downtrending. It has underperformed by 13.65% the S&P500. Some Historical CAT News: 21/05/2018 – ♫ Reuters Insider – Trading at Noon: GE arranges $11.1 billion deal to unload transportation unit; 24/04/2018 – Caterpillar reported first-quarter earnings on Tuesday before market open; 24/04/2018 – Dow tanks more than 400 points after opening higher – Caterpillar leads the rollover; 08/05/2018 – CAT RESOURCE INDUSTRIES GROUP PRESIDENT DENISE JOHNSON SPEAKS; 20/03/2018 – CAT: NORTH AMERICAN PRICING IMPROVING IN CONSTRUCTION; 09/04/2018 – CATERPILLAR SAYS C&DS GROUP PRESIDENT ROB CHARTER TO RETIRE; 05/04/2018 – China signals tough trade stance as U.S. officials push negotiations; 03/05/2018 – CATERPILLAR INC – APPOINTED STEVE FERGUSON A VICE PRESIDENT OF COMPANY, EFFECTIVE JUNE 1, 2018; 16/05/2018 – Threadneedle Adds Pagseguro Digital Ltd., Exits Caterpillar: 13F; 24/04/2018 – Caterpillar Sees Sales Into Oil, Gas Applications Increasing in 2018

More notable recent Caterpillar Inc. (NYSE:CAT) news were published by: Seekingalpha.com which released: “Has Caterpillar Peaked? – Seeking Alpha” on February 07, 2019, also Seekingalpha.com with their article: “Cat Calls – Seeking Alpha” published on January 25, 2019, Seekingalpha.com published: “Is Caterpillar A Bargain After Its Recent Slump? – Seeking Alpha” on January 31, 2019. More interesting news about Caterpillar Inc. (NYSE:CAT) were released by: Seekingalpha.com and their article: “Caterpillar Q4 2018 Earnings Preview – Seeking Alpha” published on January 27, 2019 as well as Seekingalpha.com‘s news article titled: “Caterpillar -5.8% after big earnings miss – Seeking Alpha” with publication date: January 28, 2019.

Caterpillar Inc. (NYSE:CAT) Institutional Positions Chart