Shares of Caterpillar, Inc. (CAT) Sees Large Inflow of Net Money Flow

Caterpillar, Inc. (CAT) dropped -0.57% or -0.55 points to trade at $95.11 per share. As per the latest trading data available, the net money flow stood at $6.88 million as the shares received $73.4 million in upticks and gave away $66.52 million in downticks. The final up/down ratio was at 1.1. On a weekly basis, the stock has seen a change of -3.92%.During the course of the session, the shares witnessed a block trade with an up/down ratio of 0. $9.01 million was the inflow in upticks and $0 million was the outflow in downticks. For the block trade, the net money flow was $9.01 million.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

Caterpillar Inc. has dropped 3.1% in the last five trading days, however, the shares have posted positive gains of 3.41% in the last 4 weeks. Caterpillar Inc. is up 14.9% in the last 3-month period. Year-to-Date the stock performance stands at 3.41%. Caterpillar, Inc. (NYSE:CAT) witnessed a decline in the market cap on Wednesday as its shares dropped 0.57% or 0.55 points. After the session commenced at $95.81, the stock reached the higher end at $96.52 while it hit a low of $94.4. With the volume soaring to 3,582,499 shares, the last trade was called at $95.11. The company has a 52-week high of $99.46. The company has a market cap of $55,646 million and there are 585,072,590 shares in outstanding. The 52-week low of the share price is $59.8.

Company has reported several Insider transactions to the SEC, on Nov 14, 2016, Daniel M Dickinson (director) sold 950 shares at 93.52 per share price.On Nov 14, 2016, Jananne A. Copeland (Chief Accounting Officer) sold 4,859 shares at 91.22 per share price.On Aug 2, 2016, Dennis A Muilenburg (director) purchased 1,930 shares at 82.75 per share price.

Caterpillar Last issued its quarterly earnings results on Jan 26, 2017. The company reported $0.83 EPS for the quarter, beating the analyst consensus estimate by $ 0.16. Analyst had a consensus of $0.67. The company had revenue of $9574.00 million for the quarter, compared to analysts expectations of $9811.58 million. The companys revenue was down -13.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.74 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Caterpillar was Upgraded by Wells Fargo to Outperform on Jan 27, 2017. Company shares were Reiterated by RBC Capital Mkts on Jan 27, 2017 to Sector Perform, Raises Price Target to $ 85 from a previous price target of $82 .Caterpillar was Downgraded by Standpoint Research to Sell on Jan 26, 2017. Company shares were Reiterated by JP Morgan on Dec 5, 2016 to Neutral, Raises Price Target to $ 89 from a previous price target of $78 .

Caterpillar Inc is the worlds largest manufacturer of construction and mining equipment, diesel and natural gas engines and industrial gas turbines. The company is one of only a handful of U.S. companies that leads its industry while competing globally from a principally domestic manufacturing base. The company records more than half of its sales to overseas customers. Their products are used in the construction, road building, mining, forestry, energy, transportation and material-handling industries.


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