Main Street Research Has Decreased Its Position in Caterpillar (CAT) as Stock Price Declined; Northrop Grumman (NOC) Holder State Of New Jersey Common Pension Fund D Raised Its Position by $57.06 Million

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Main Street Research Llc decreased its stake in Caterpillar Inc (CAT) by 48.28% based on its latest 2018Q3 regulatory filing with the SEC. Main Street Research Llc sold 57,280 shares as the company’s stock declined 13.14% with the market. The institutional investor held 61,370 shares of the capital goods company at the end of 2018Q3, valued at $9.36M, down from 118,650 at the end of the previous reported quarter. Main Street Research Llc who had been investing in Caterpillar Inc for a number of months, seems to be less bullish one the $78.54B market cap company. The stock increased 0.32% or $0.43 during the last trading session, reaching $133.1. About 3.19 million shares traded. Caterpillar Inc. (NYSE:CAT) has declined 13.65% since February 14, 2018 and is downtrending. It has underperformed by 13.65% the S&P500. Some Historical CAT News: 17/05/2018 – Conveyor Systems 2018: Global Procurement Market Report – Top Five Suppliers are Siemens, Honeywell, Emerson Electric, Caterpillar, and Kion – ResearchAndMarkets.com; 19/04/2018 – Caterpillar Inc. Files Form 10-Q; 24/04/2018 – CAT SEES YEAR-END DEALER INVENTORIES SAME LEVEL AS END OF 1Q; 13/04/2018 – INSIGHT-Trade war backfire: Steel tariff shrapnel hits U.S. farmers; 24/04/2018 – Caterpillar Sees Broad-Based Construction Industries Growth in All Regions in 2018; 21/03/2018 – Caterpillar Group Meeting Set By Spartan Research for Mar. 28; 24/04/2018 – Caterpillar Raises 2018 View To EPS $9.75-EPS $10.75; 11/05/2018 – CATERPILLAR – WORLD MACHINES RETAIL SALES FOR 3-MONTH ROLLING PERIOD ENDED APRIL, UP 28 PCT – SEC FILING; 13/03/2018 – Caterpillar Inc. Files Form 8-K; 12/04/2018 – Caterpillar: Bob De Lange to Become Group Pres of Customer & Dealer Support

State Of New Jersey Common Pension Fund D increased its stake in Northrop Grumman Corp (NOC) by 200% based on its latest 2018Q3 regulatory filing with the SEC. State Of New Jersey Common Pension Fund D bought 180,000 shares as the company’s stock declined 11.09% with the market. The institutional investor held 270,000 shares of the industrial machinery and components company at the end of 2018Q3, valued at $85.69M, up from 90,000 at the end of the previous reported quarter. State Of New Jersey Common Pension Fund D who had been investing in Northrop Grumman Corp for a number of months, seems to be bullish on the $48.09 billion market cap company. The stock decreased 0.27% or $0.78 during the last trading session, reaching $283.3. About 1.25 million shares traded. Northrop Grumman Corporation (NYSE:NOC) has declined 10.72% since February 14, 2018 and is downtrending. It has underperformed by 10.72% the S&P500. Some Historical NOC News: 25/04/2018 – Northrop Grumman Gets Sales Growth from Aerospace, Mission Systems Segments — Earnings Review; 28/03/2018 – NORTHROP GRUMMAN CORP.: POLAND IN PACT TO BUY NORTHROP; 25/04/2018 – NORTHROP GRUMMAN 1Q EPS $4.21; 11/05/2018 – Northrop Grumman to Webcast Annual Shareholders Meeting; 09/03/2018 – Orbital/Northrop expected to close in first half of 2018 sans divests – source [23:08 GMT09 Mar 2018] [Proprietary] []; 23/05/2018 – Northrop Grumman at AllianceBernstein Conference May 31; 25/04/2018 – Northrop Grumman Had Seen 2018 Effective Tax Rate About 19.5%; 09/03/2018 – Orbital/Northrop expected to close in first half of 2018 sans divests; 04/05/2018 – InsideDfnse[Reg]: Air Force to sole-source early SBIRS follow-on work to Lockheed, Northrop; 25/04/2018 – NORTHROP GRUMMAN CORP NOC.N FY2018 SHR VIEW $15.45 — THOMSON REUTERS l/B/E/S

More notable recent Caterpillar Inc. (NYSE:CAT) news were published by: Fool.com which released: “Stock Market News: Aurora Opens Marijuana Earnings Season While Caterpillar Celebrates Trade Talks – Motley Fool” on February 12, 2019, also Seekingalpha.com with their article: “Deere downgraded at BAML as trade dispute risks farm equipment demand – Seeking Alpha” published on February 13, 2019, Seekingalpha.com published: “Caterpillar -5.8% after big earnings miss – Seeking Alpha” on January 28, 2019. More interesting news about Caterpillar Inc. (NYSE:CAT) were released by: Seekingalpha.com and their article: “Cat Calls – Seeking Alpha” published on January 25, 2019 as well as Benzinga.com‘s news article titled: “The Street Reacts To Caterpillar’s First Notable Miss In Years (NYSE:CAT) – Benzinga” with publication date: January 29, 2019.

Investors sentiment decreased to 1.09 in 2018 Q3. Its down 0.06, from 1.15 in 2018Q2. It turned negative, as 56 investors sold CAT 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. 2,399 are held by Stearns Ser Grp Incorporated. Marketfield Asset Mgmt Ltd Liability reported 44,997 shares. Stonebridge Cap Advsr Limited Liability Corp holds 1,709 shares or 0.05% of its portfolio. Kcm Advsrs Limited Liability holds 0.27% or 30,562 shares in its portfolio. 6,024 are held by Capital Ca. New York-based Neuberger Berman has invested 0.02% in Caterpillar Inc. (NYSE:CAT). Chatham Cap Grp Inc stated it has 23,674 shares. Brown Brothers Harriman & reported 29,946 shares or 0.03% of all its holdings. Ww Asset owns 42,544 shares. Stephens Incorporated Ar has 0.19% invested in Caterpillar Inc. (NYSE:CAT) for 49,714 shares. Lincoln Corporation has invested 0.06% in Caterpillar Inc. (NYSE:CAT). First Bancorp & Tru Of Newtown holds 0.44% of its portfolio in Caterpillar Inc. (NYSE:CAT) for 10,856 shares. Massmutual Trust Fsb Adv stated it has 0% in Caterpillar Inc. (NYSE:CAT). Schulhoff holds 0.15% or 1,750 shares. Factory Mutual Insurance Company reported 322,600 shares.

Among 37 analysts covering Caterpillar Inc. (NYSE:CAT), 20 have Buy rating, 4 Sell and 13 Hold. Therefore 54% are positive. Caterpillar Inc. had 151 analyst reports since July 27, 2015 according to SRatingsIntel. The firm has “Hold” rating by RBC Capital Markets given on Tuesday, April 17. The rating was maintained by Deutsche Bank on Monday, September 28 with “Buy”. The firm has “Overweight” rating by Barclays Capital given on Wednesday, January 24. The stock of Caterpillar Inc. (NYSE:CAT) earned “Buy” rating by BMO Capital Markets on Friday, September 8. Stifel Nicolaus maintained it with “Hold” rating and $168 target in Tuesday, August 7 report. Seaport Global upgraded the shares of CAT in report on Tuesday, January 23 to “Buy” rating. The firm earned “Hold” rating on Wednesday, October 25 by Stifel Nicolaus. The firm has “Buy” rating by Vertical Research given on Friday, April 15. The company was upgraded on Wednesday, April 5 by Goldman Sachs. As per Friday, May 26, the company rating was maintained by Bank of America.

Main Street Research Llc, which manages about $503.46 million and $696.46M US Long portfolio, upped its stake in Intuitive Surgical Inc (NASDAQ:ISRG) by 29,247 shares to 29,784 shares, valued at $17.10M in 2018Q3, according to the filing. It also increased its holding in Amgen Inc (NASDAQ:AMGN) by 4,076 shares in the quarter, for a total of 70,681 shares, and has risen its stake in Bhp Billiton Ltd Adr (NYSE:BHP).

Since October 1, 2018, it had 1 insider purchase, and 1 insider sale for $5.28 million activity. Shares for $5.40 million were sold by Johnson Denise C.

More notable recent Northrop Grumman Corporation (NYSE:NOC) news were published by: Globenewswire.com which released: “Northrop Grumman Announces Change in Pension Accounting – GlobeNewswire” on December 10, 2018, also Finance.Yahoo.com with their article: “What It Would Cost to Modernize the U.S. Nuclear Arsenal — and Who Would Benefit – Yahoo! Finance News” published on January 27, 2019, Seekingalpha.com published: “Here’s The Price I’ll Start Buying Northrop Grumman – Seeking Alpha” on November 19, 2018. More interesting news about Northrop Grumman Corporation (NYSE:NOC) were released by: Bizjournals.com and their article: “Marriott and Nestle make Fortune’s most admired list – Washington – Washington Business Journal” published on January 23, 2019 as well as Fool.com‘s news article titled: “Here’s Why Northrop Grumman Gained 12.5% in January – Motley Fool” with publication date: February 07, 2019.

Among 23 analysts covering Northrop Grumman (NYSE:NOC), 16 have Buy rating, 0 Sell and 7 Hold. Therefore 70% are positive. Northrop Grumman has $41900 highest and $185 lowest target. $335.05’s average target is 18.27% above currents $283.3 stock price. Northrop Grumman had 80 analyst reports since July 30, 2015 according to SRatingsIntel. Bank of America maintained it with “Buy” rating and $350.0 target in Friday, October 27 report. RBC Capital Markets maintained it with “Buy” rating and $294.0 target in Friday, September 29 report. Buckingham Research upgraded the shares of NOC in report on Tuesday, July 31 to “Buy” rating. On Monday, December 5 the stock rating was maintained by Deutsche Bank with “Buy”. JP Morgan maintained Northrop Grumman Corporation (NYSE:NOC) rating on Friday, July 27. JP Morgan has “Overweight” rating and $360 target. Barclays Capital maintained the shares of NOC in report on Monday, May 2 with “Equal-Weight” rating. The firm earned “Buy” rating on Friday, January 26 by Robert W. Baird. Cowen & Co maintained the stock with “Market Perform” rating in Thursday, October 26 report. RBC Capital Markets initiated it with “Outperform” rating and $268 target in Thursday, January 12 report. The firm has “Buy” rating given on Tuesday, December 12 by J.P. Morgan.

Since August 27, 2018, it had 0 insider purchases, and 7 sales for $10.01 million activity. Caylor Mark A also sold $1.35M worth of Northrop Grumman Corporation (NYSE:NOC) on Thursday, August 30. Another trade for 1,565 shares valued at $427,855 was sold by Purvis Shawn N. On Monday, September 17 the insider Antkowiak Patrick M. sold $1.59 million. The insider BUSH WESLEY G sold $2.75 million. 10,440 shares valued at $3.34M were sold by CHESTON SHEILA C. on Wednesday, October 3.

Investors sentiment decreased to 0.97 in 2018 Q3. Its down 0.04, from 1.01 in 2018Q2. It turned negative, as 62 investors sold NOC shares while 271 reduced holdings. 95 funds opened positions while 228 raised stakes. 139.01 million shares or 1.40% more from 137.09 million shares in 2018Q2 were reported. Tci Wealth Advsrs owns 0.12% invested in Northrop Grumman Corporation (NYSE:NOC) for 888 shares. Oregon Employees Retirement Fund owns 40,856 shares for 0.18% of their portfolio. Of Vermont holds 2,497 shares. Citadel Lc reported 0.02% in Northrop Grumman Corporation (NYSE:NOC). Capital Fund Mngmt invested 0.03% in Northrop Grumman Corporation (NYSE:NOC). Whittier Tru Communications holds 0.03% of its portfolio in Northrop Grumman Corporation (NYSE:NOC) for 3,105 shares. Royal Fincl Bank Of Canada reported 517,645 shares or 0.07% of all its holdings. Whittier Of Nevada invested 0.01% in Northrop Grumman Corporation (NYSE:NOC). Lvm Capital Ltd Mi holds 0.2% or 2,825 shares in its portfolio. Employees Retirement Systems Of Texas stated it has 26,900 shares or 0.11% of all its holdings. Eagle Asset Mgmt Incorporated invested 0.02% in Northrop Grumman Corporation (NYSE:NOC). Argent Tru has 0.35% invested in Northrop Grumman Corporation (NYSE:NOC) for 9,466 shares. Moreover, Raymond James Advsrs has 0.07% invested in Northrop Grumman Corporation (NYSE:NOC) for 46,163 shares. Private Trust Na holds 1.44% in Northrop Grumman Corporation (NYSE:NOC) or 22,276 shares. Amica Mutual Insur owns 5,841 shares or 0.19% of their US portfolio.

Caterpillar Inc. (NYSE:CAT) Institutional Positions Chart