Wesbanco Bank Has Upped Caterpillar (CAT) Stake By $3.63 Million; General Mills (GIS) Has 1.04 Sentiment

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Wesbanco Bank Inc increased Caterpillar Inc (CAT) stake by 273.01% reported in 2018Q3 SEC filing. Wesbanco Bank Inc acquired 23,899 shares as Caterpillar Inc (CAT)’s stock declined 13.14%. The Wesbanco Bank Inc holds 32,653 shares with $4.98 million value, up from 8,754 last quarter. Caterpillar Inc now has $79.82 billion valuation. The stock decreased 0.14% or $0.2 during the last trading session, reaching $138.68. About 3.49M shares traded. Caterpillar Inc. (NYSE:CAT) has declined 13.65% since February 24, 2018 and is downtrending. It has underperformed by 13.65% the S&P500. Some Historical CAT News: 20/03/2018 – CAT SEES SOME RISK OF HIGHER STEEL PRICES BUT CAN MITIGATE; 24/04/2018 – CATERPILLAR INC – INCREASING 2018 PROFIT OUTLOOK BY $2.00 PER SHARE TO A RANGE OF $9.75 TO $10.75 PER SHARE; 24/04/2018 – CAT SEES YEAR-END DEALER INVENTORIES SAME LEVEL AS END OF 1Q; 17/04/2018 – The analysis identified several other names with similarly optimistic analyst expectations, including Caterpillar and three chipmakers: Advanced Micro Devices, Lam Research and Cypress Semiconductor; 12/04/2018 – Cramer: Buy United Rentals over Caterpillar as US-China trade disputes loom; 24/04/2018 – CATERPILLAR INC – AS OF MARCH 31, 2018, CAT FINANCIAL’S ALLOWANCE FOR CREDIT LOSSES TOTALED $403 MLN, COMPARED WITH $346 MLN AT MARCH 31, 2017; 24/04/2018 – Caterpillar Sees Broad-Based Construction Industries Growth in All Regions in 2018; 05/03/2018 – Caterpillar was the biggest contributor of gains to the Dow, rising 3.2 percent; 11/05/2018 – Caterpillar Sales Show Mining Is Booming Again in Latin America; 24/04/2018 – Caterpillar Ended 1Q With Enterprise Cash Balance of $7.9B

General Mills Inc (GIS) investors sentiment decreased to 1.04 in 2018 Q3. It’s down -0.04, from 1.08 in 2018Q2. The ratio has worsened, as 401 investment professionals started new and increased positions, while 387 trimmed and sold equity positions in General Mills Inc. The investment professionals in our database now own: 393.52 million shares, down from 407.46 million shares in 2018Q2. Also, the number of investment professionals holding General Mills Inc in top ten positions decreased from 3 to 2 for a decrease of 1. Sold All: 49 Reduced: 338 Increased: 294 New Position: 107.

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. The rating was maintained by Credit Suisse on Wednesday, October 24 with “Outperform”. Bank of America upgraded Caterpillar Inc. (NYSE:CAT) rating on Monday, December 3. Bank of America has “Buy” rating and $163 target. The rating was maintained by Citigroup with “Buy” on Wednesday, October 24. Robert W. Baird upgraded Caterpillar Inc. (NYSE:CAT) on Thursday, September 20 to “Outperform” rating. The stock has “Buy” rating by Deutsche Bank on Wednesday, September 5. The rating was maintained by Jefferies on Wednesday, October 24 with “Hold”. The stock of Caterpillar Inc. (NYSE:CAT) has “Hold” rating given on Thursday, October 25 by DZ Bank.

Wesbanco Bank Inc decreased Magna International Inc (NYSE:MGA) stake by 20,070 shares to 79,216 valued at $4.16 million in 2018Q3. It also reduced Centerstate Bank Corp (NASDAQ:CSFL) stake by 25,785 shares and now owns 8,662 shares. Wesbanco Inc (NASDAQ:WSBC) was reduced too.

Since October 1, 2018, it had 1 insider purchase, and 1 insider sale for $5.28 million activity. 35,051 Caterpillar Inc. (NYSE:CAT) shares with value of $5.40 million were sold by Johnson Denise C. 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: “Has Caterpillar Peaked? – Seeking Alpha” on February 07, 2019, also with their article: “Boeing Company (The) (NYSE:BA), Caterpillar, Inc. (NYSE:CAT) – Market Appears Hopeful On Trade Deal As Trump Meets With Chinese Negotiator – Benzinga” published on February 22, 2019, Seekingalpha.com published: “Caterpillar Q4 2018 Earnings Preview – Seeking Alpha” on January 27, 2019. More interesting news about Caterpillar Inc. (NYSE:CAT) were released by: Seekingalpha.com and their article: “Caterpillar -5.8% after big earnings miss – Seeking Alpha” published on January 28, 2019 as well as Seekingalpha.com‘s news article titled: “Is Caterpillar A Bargain After Its Recent Slump? – Seeking Alpha” with publication date: January 31, 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 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. New Jersey Better Educational Savings Trust accumulated 4,000 shares or 0.62% of the stock. State Street stated it has 47.21M shares or 0.55% of all its holdings. Hbk Investments Limited Partnership accumulated 112,937 shares or 0.18% of the stock. Amarillo Savings Bank has 7,192 shares. Counselors Of Maryland Limited Liability stated it has 12,610 shares. Moreover, Metropolitan Life Insurance Com New York has 0.35% invested in Caterpillar Inc. (NYSE:CAT). Finemark National Bank stated it has 14,018 shares. Smith Moore Co owns 5,419 shares. Wg Shaheen And Assoc Dba Whitney And invested 0.01% of its portfolio in Caterpillar Inc. (NYSE:CAT). 10,515 are held by Coastline. Buckingham Asset Mgmt Ltd Company reported 4,246 shares. Auxier Asset Mngmt has 0.12% invested in Caterpillar Inc. (NYSE:CAT). Loring Wolcott Coolidge Fiduciary Advisors Limited Liability Partnership Ma holds 0% in Caterpillar Inc. (NYSE:CAT) or 978 shares. Clear Harbor Asset Mngmt Lc reported 1% in Caterpillar Inc. (NYSE:CAT). Trustco State Bank N Y invested in 1,663 shares.

The stock decreased 0.79% or $0.37 during the last trading session, reaching $46.58. About 9.80 million shares traded or 61.14% up from the average. General Mills, Inc. (GIS) has declined 32.02% since February 24, 2018 and is downtrending. It has underperformed by 32.02% the S&P500. Some Historical GIS News: 24/03/2018 – The Good News on General Mills — Barron’s; 24/04/2018 – General Mills: To Operate Blue Buffalo Under Newly Formed Pet Operating Segment; 21/03/2018 – GENERAL MILLS – FISCAL 2018 CONSTANT-CURRENCY ADJ DILUTED EPS NOW EXPECTED TO RANGE BETWEEN FLAT & UP 1 PCT FROM BASE OF $3.08 EARNED IN FISCAL 2017; 21/03/2018 – General Mills: Rising Supply-Chain Costs Weigh on Profit; 08/03/2018 – Cascadian Farm invests in soil health research across organic oat supply chain with Grain Millers; 27/03/2018 – GENERAL MILLS SAYS EQUITY OFFERING PRICES AT $44/SHR; 03/04/2018 – General Mills to Borrow $6 Billion to Fund Blue Buffalo Deal; 21/03/2018 – General Mills Blue Buffalo Acquisition Remains on Track to Close in FY18 4th Quarter; 21/03/2018 – General Mills Sees Sharp Increases in Input Costs, Including Inflation in Freight and Commodities; 21/03/2018 – GENERAL MILLS EARNINGS CALL ENDS

Analysts await General Mills, Inc. (NYSE:GIS) to report earnings on March, 20. They expect $0.69 EPS, down 12.66% or $0.10 from last year’s $0.79 per share. GIS’s profit will be $411.76 million for 16.88 P/E if the $0.69 EPS becomes a reality. After $0.85 actual EPS reported by General Mills, Inc. for the previous quarter, Wall Street now forecasts -18.82% negative EPS growth.

General Mills, Inc. manufactures and markets branded consumer foods in the United States. The company has market cap of $27.80 billion. The firm operates in four divisions: North America Retail; Convenience Stores & Foodservice; Europe & Australia; and Asia & Latin America. It has a 13.64 P/E ratio. It offers ready-to-eat cereals, refrigerated yogurt, soup, meal kits, refrigerated and frozen dough products, dessert and baking mixes, frozen pizza and pizza snacks, shelf stable and frozen vegetables, and ice cream and frozen desserts, as well as grain, fruit and savory snacks; and various organic products, including nutrition bars, meal kits, salty snacks, and ready-to-eat cereal.

More notable recent General Mills, Inc. (NYSE:GIS) news were published by: Seekingalpha.com which released: “General Mills backs prior guidance – Seeking Alpha” on February 19, 2019, also Seekingalpha.com with their article: “Food stocks crumble after gigantic Kraft Heinz writedown – Seeking Alpha” published on February 22, 2019, Fool.com published: “3 Top Value Stocks to Buy Right Now – Motley Fool” on February 20, 2019. More interesting news about General Mills, Inc. (NYSE:GIS) were released by: Investorplace.com and their article: “Kraft Heinz Stock Troubles Go Far Beyond Quarterly Estimate Miss – Investorplace.com” published on February 23, 2019 as well as Seekingalpha.com‘s news article titled: “Better Consumer Staples Stock: Altria Or General Mills? – Seeking Alpha” with publication date: February 07, 2019.

Since January 1, 0001, it had 0 insider buys, and 1 sale for $347,376 activity.

Caterpillar Inc. (NYSE:CAT) Institutional Positions Chart

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