Vnbtrust National Association Has Boosted Holding in Discovery Communicatns New (DISCK) by $3.62 Million; Virtus Investment Advisers Increased Caterpillar Del (CAT) Stake by $5.53 Million; Market Value Declined

May 14, 2018 - By Ellis Scott

Discovery, Inc. (NASDAQ:DISCK) Logo

Vnbtrust National Association increased its stake in Discovery Communicatns New (DISCK) by 29.16% based on its latest 2017Q4 regulatory filing with the SEC. Vnbtrust National Association bought 172,540 shares as the company’s stock declined 12.19% with the market. The institutional investor held 764,221 shares of the consumer services company at the end of 2017Q4, valued at $16.18M, up from 591,681 at the end of the previous reported quarter. Vnbtrust National Association who had been investing in Discovery Communicatns New for a number of months, seems to be bullish on the $17.10 billion market cap company. The stock decreased 1.53% or $0.35 during the last trading session, reaching $22.49. About 4.00 million shares traded. Discovery, Inc. (NASDAQ:DISCK) has declined 27.22% since May 14, 2017 and is downtrending. It has underperformed by 38.77% the S&P500.

Virtus Investment Advisers Inc increased its stake in Caterpillar Inc Del (CAT) by 235.19% based on its latest 2017Q4 regulatory filing with the SEC. Virtus Investment Advisers Inc bought 35,227 shares as the company’s stock declined 5.62% with the market. The institutional investor held 50,205 shares of the capital goods company at the end of 2017Q4, valued at $7.91M, up from 14,978 at the end of the previous reported quarter. Virtus Investment Advisers Inc who had been investing in Caterpillar Inc Del for a number of months, seems to be bullish on the $92.79B market cap company. The stock increased 0.22% or $0.34 during the last trading session, reaching $155.2. About 2.03 million shares traded. Caterpillar Inc. (NYSE:CAT) has risen 60.63% since May 14, 2017 and is uptrending. It has outperformed by 49.08% the S&P500.

Vnbtrust National Association, which manages about $171.43 million US Long portfolio, decreased its stake in Hudson Technologies Inc (NASDAQ:HDSN) by 121,020 shares to 803,498 shares, valued at $4.88 million in 2017Q4, according to the filing.

Virtus Investment Advisers Inc, which manages about $40.49 billion and $918.62 million US Long portfolio, decreased its stake in United Technologies Corp (NYSE:UTX) by 7,245 shares to 24,383 shares, valued at $3.11 million in 2017Q4, according to the filing. It also reduced its holding in Vulcan Matls Co (NYSE:VMC) by 3,107 shares in the quarter, leaving it with 43,176 shares, and cut its stake in Ingersoll (NYSE:IR).

Among 35 analysts covering Caterpillar Inc. (NYSE:CAT), 18 have Buy rating, 4 Sell and 13 Hold. Therefore 51% are positive. Caterpillar Inc. had 135 analyst reports since July 27, 2015 according to SRatingsIntel. The stock has “Buy” rating by Bank of America on Thursday, May 11. BMO Capital Markets maintained Caterpillar Inc. (NYSE:CAT) on Thursday, October 26 with “Outperform” rating. The rating was maintained by Citigroup on Wednesday, July 26 with “Neutral”. The firm earned “Hold” rating on Friday, January 12 by Robert W. Baird. Citigroup maintained the shares of CAT in report on Thursday, December 21 with “Neutral” rating. Citigroup maintained Caterpillar Inc. (NYSE:CAT) rating on Friday, March 18. Citigroup has “Neutral” rating and $75 target. As per Wednesday, October 25, the company rating was maintained by RBC Capital Markets. The stock of Caterpillar Inc. (NYSE:CAT) has “Hold” rating given on Wednesday, April 25 by RBC Capital Markets. The stock of Caterpillar Inc. (NYSE:CAT) has “Hold” rating given on Thursday, September 21 by Robert W. Baird. Seaport Global maintained it with “Buy” rating and $17300 target in Wednesday, April 25 report.

More notable recent Caterpillar Inc. (NYSE:CAT) news were published by: 247Wallst.com which released: “Why Caterpillar Blew Through Estimates, Raised Guidance” on April 24, 2018, also Benzinga.com with their article: “5 Biggest Price Target Changes For Monday” published on May 14, 2018, Seekingalpha.com published: “Caterpillar’s three-month rolling machine retail sales +28%” on May 11, 2018. More interesting news about Caterpillar Inc. (NYSE:CAT) were released by: Seekingalpha.com and their article: “Buy Caterpillar On The Dip” published on May 09, 2018 as well as Seekingalpha.com‘s news article titled: “Caterpillar’s three-month rolling machine retail sales +26%” with publication date: April 23, 2018.

Caterpillar Inc. (NYSE:CAT) Institutional Positions Chart

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By1 Ellis Scott

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