Chase Investment Counsel Has Cut Its E Trade Financial (ETFC) Stake by $550,628; Penobscot Investment Management Company Stake in Caterpillar (CAT) Trimmed by $497,040 as Market Valuation Declined

E*TRADE Financial Corporation (NASDAQ:ETFC) Logo

Penobscot Investment Management Company Inc decreased its stake in Caterpillar Inc (CAT) by 32.36% based on its latest 2018Q3 regulatory filing with the SEC. Penobscot Investment Management Company Inc sold 3,270 shares as the company’s stock declined 13.14% with the market. The institutional investor held 6,835 shares of the capital goods company at the end of 2018Q3, valued at $1.04 million, down from 10,105 at the end of the previous reported quarter. Penobscot Investment Management Company Inc who had been investing in Caterpillar Inc for a number of months, seems to be less bullish one the $77.09B market cap company. The stock decreased 1.04% or $1.37 during the last trading session, reaching $130.63. About 1.42 million shares traded. Caterpillar Inc. (NYSE:CAT) has declined 13.65% since February 6, 2018 and is downtrending. It has underperformed by 13.65% the S&P500. Some Historical CAT News: 24/04/2018 – CATERPILLAR INC – EXPECT HIGHER PRICE REALISATION TO MORE THAN OFFSET MATERIAL COST INCREASE – CONF CALL; 04/05/2018 – Caterpillar names National Grid’s Andrew Bonfield as CFO; 11/05/2018 – CATERPILLAR LATIN AMERICAN MINING SALES SURGE 179% FEB-APRIL; 23/04/2018 – CATERPILLAR – ASIA/PACIFIC MACHINES RETAIL SALES FOR 3-MONTH ROLLING PERIOD ENDED MARCH, UP 31 PCT; 11/04/2018 – Caterpillar Inc. Maintains Dividend Rate; 24/04/2018 – Caterpillar Had Seen 2018 EPS $7.75-$8.75; 24/04/2018 – Caterpillar Just Gave Huge Vote of Confidence in Global Economy; 12/04/2018 – CATERPILLAR INC – RAMIN YOUNESSI APPOINTED GROUP PRESIDENT OF ENERGY & TRANSPORTATION; 09/04/2018 – CATERPILLAR: EXEC OFFICER RETIREMENT; 23/05/2018 – Caterpillar Presenting at Deutsche Bank Conference Jun 7

Chase Investment Counsel Corp decreased its stake in E Trade Financial Corp (ETFC) by 14.21% based on its latest 2018Q3 regulatory filing with the SEC. Chase Investment Counsel Corp sold 10,589 shares as the company’s stock declined 17.58% with the market. The institutional investor held 63,910 shares of the savings institutions company at the end of 2018Q3, valued at $3.35 million, down from 74,499 at the end of the previous reported quarter. Chase Investment Counsel Corp who had been investing in E Trade Financial Corp for a number of months, seems to be less bullish one the $11.52B market cap company. The stock decreased 0.90% or $0.42 during the last trading session, reaching $46.74. About 1.05 million shares traded. E*TRADE Financial Corporation (NASDAQ:ETFC) has declined 9.49% since February 6, 2018 and is downtrending. It has underperformed by 9.49% the S&P500. Some Historical ETFC News: 19/03/2018 – E*TRADE to Host Education Day in La Jolla; 06/03/2018 – E*Trade: Derivatives Represented 31% of Feb. Daily Average Revenue Trades; 14/03/2018 – E*TRADE Fincl Corp Reports Monthly Activity for Feb 2018; 14/05/2018 – E*TRADE Fincl Corp Reports Monthly Activity for April 2018; 19/04/2018 – E*TRADE FINANCIAL CORP – QTRLY TOTAL NET REVENUE $708 MLN VS $553 MLN; 23/05/2018 – E*TRADE Financial Corporation Announces Upcoming Speaking Engagement; 21/03/2018 – E*TRADE Brings New Technology to Futures Traders with Launch of Mobile Ladder; 14/03/2018 – E*TRADE Financial Corporation Reports Monthly Activity for February 2018; 16/04/2018 – E*TRADE Brings Power of the Desktop to Mobile with LiveAction Market Scanning; 05/04/2018 – E*TRADE RAISED TO Baa2 FROM Baa3 BY MOODY’S

More notable recent E*TRADE Financial Corporation (NASDAQ:ETFC) news were published by: Nasdaq.com which released: “Ex-Dividend Reminder: Realty Income, Etrade Financial and American Campus Communities – Nasdaq” on January 29, 2019, also Nasdaq.com with their article: “E-Trade (ETFC) Earnings Expected to Grow: Should You Buy? – Nasdaq” published on January 17, 2019, Nasdaq.com published: “E*TRADE’s (ETFC) Q4 Earnings Beat, Trading Metrics Improve – Nasdaq” on January 25, 2019. More interesting news about E*TRADE Financial Corporation (NASDAQ:ETFC) were released by: Nasdaq.com and their article: “Why E-Trade (ETFC) Could Beat Earnings Estimates Again – Nasdaq” published on January 08, 2019 as well as Nasdaq.com‘s news article titled: “Noteworthy Wednesday Option Activity: ETFC, SYMC, TTWO – Nasdaq” with publication date: January 23, 2019.

Since November 2, 2018, it had 6 insider purchases, and 0 sales for $1.76 million activity. 1,943 E*TRADE Financial Corporation (NASDAQ:ETFC) shares with value of $100,072 were bought by Simonich Brent. $516,735 worth of E*TRADE Financial Corporation (NASDAQ:ETFC) was bought by Pizzi Michael A. on Friday, November 2. Shares for $512,650 were bought by LAWSON RODGER A on Friday, November 2. On Tuesday, December 11 the insider Healy James P bought $226,791. $299,588 worth of E*TRADE Financial Corporation (NASDAQ:ETFC) shares were bought by WEINREICH JOSHUA.

Investors sentiment decreased to 0.74 in 2018 Q3. Its down 0.36, from 1.1 in 2018Q2. It fall, as 55 investors sold ETFC shares while 192 reduced holdings. 70 funds opened positions while 112 raised stakes. 230.48 million shares or 0.61% less from 231.91 million shares in 2018Q2 were reported. Caisse De Depot Et Placement Du Quebec has invested 0.03% in E*TRADE Financial Corporation (NASDAQ:ETFC). Chevy Chase Trust Incorporated has 0.05% invested in E*TRADE Financial Corporation (NASDAQ:ETFC) for 213,143 shares. Virtu Financial Lc invested in 0% or 6,240 shares. Livforsakringsbolaget Skandia Omsesidigt holds 0.01% of its portfolio in E*TRADE Financial Corporation (NASDAQ:ETFC) for 2,300 shares. 322,538 were accumulated by Bnp Paribas Arbitrage. Moreover, Comerica Financial Bank has 0.02% invested in E*TRADE Financial Corporation (NASDAQ:ETFC). Stratos Wealth Ptnrs Limited holds 0% or 1,955 shares in its portfolio. 3.37 million were accumulated by D E Shaw And Inc. National Pension stated it has 0.06% in E*TRADE Financial Corporation (NASDAQ:ETFC). Quantbot Tech Lp reported 94,004 shares. Kennedy Capital Incorporated accumulated 86,170 shares. Wespac Advisors Ltd Liability Corp has invested 0.38% in E*TRADE Financial Corporation (NASDAQ:ETFC). Victory stated it has 0.48% in E*TRADE Financial Corporation (NASDAQ:ETFC). Alps Advsrs holds 0% or 8,952 shares. Cibc World Markets accumulated 15,597 shares.

Chase Investment Counsel Corp, which manages about $422.50 million and $193.94M US Long portfolio, upped its stake in Msci Inc (NYSE:MSCI) by 3,707 shares to 10,585 shares, valued at $1.88 million in 2018Q3, according to the filing.

Among 24 analysts covering E*TRADE (NASDAQ:ETFC), 23 have Buy rating, 0 Sell and 1 Hold. Therefore 96% are positive. E*TRADE had 126 analyst reports since July 24, 2015 according to SRatingsIntel. The rating was maintained by Credit Suisse with “Outperform” on Friday, July 20. The stock of E*TRADE Financial Corporation (NASDAQ:ETFC) earned “Neutral” rating by Goldman Sachs on Friday, July 22. Raymond James downgraded E*TRADE Financial Corporation (NASDAQ:ETFC) on Tuesday, October 30 to “Outperform” rating. On Monday, October 8 the stock rating was maintained by UBS with “Buy”. The firm earned “Buy” rating on Friday, July 22 by Compass Point. The company was maintained on Friday, July 20 by Barclays Capital. The firm has “Buy” rating given on Friday, January 8 by Deutsche Bank. The stock of E*TRADE Financial Corporation (NASDAQ:ETFC) has “Hold” rating given on Thursday, April 7 by Jefferies. RBC Capital Markets maintained the shares of ETFC in report on Wednesday, September 9 with “Outperform” rating. The firm earned “Buy” rating on Monday, May 21 by Wells Fargo.

Penobscot Investment Management Company Inc, which manages about $361.63 million and $462.68M US Long portfolio, upped its stake in Spdr Barclays Invest Grad (FLRN) by 120,516 shares to 757,178 shares, valued at $23.31M in 2018Q3, according to the filing. It also increased its holding in Home Depot Inc (NYSE:HD) by 1,530 shares in the quarter, for a total of 31,123 shares, and has risen its stake in Raytheon Co Com New (NYSE:RTN).

Since October 1, 2018, it had 1 insider buy, and 1 insider sale for $5.28 million activity. De Lange Bob had bought 1,080 shares worth $124,826 on Friday, October 26.

More notable recent Caterpillar Inc. (NYSE:CAT) news were published by: Seekingalpha.com which released: “Caterpillar: Still Lofty – Seeking Alpha” on October 26, 2018, also with their article: “Boeing Company (The) (NYSE:BA), Caterpillar, Inc. (NYSE:CAT) – Hope Takes Flight: China Optimism Has Markets Looking Strong Ahead of Weekend – Benzinga” published on January 18, 2019, published: “Apple Inc. (NASDAQ:AAPL), Boeing Company (The) (NYSE:BA) – January Markets: Fed Stays “Patient” And Earnings Brew – Benzinga” on January 31, 2019. More interesting news about Caterpillar Inc. (NYSE:CAT) were released by: Seekingalpha.com and their article: “Caterpillar Crawling Along – Seeking Alpha” published on December 20, 2018 as well as Seekingalpha.com‘s news article titled: “Caterpillar Q4 2018 Earnings Preview – Seeking Alpha” with publication date: January 27, 2019.

Caterpillar Inc. (NYSE:CAT) Institutional Positions Chart

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