American Investment Services Lowered Caterpillar Del (CAT) Holding By $5.66 Million; Liberty All Star Growth Fund (ASG)’s Sentiment Is 0.92

January 15, 2018 - By Peter Erickson

Liberty All-Star Growth Fund, Inc. is a closed-ended equity mutual fund launched and managed by ALPS Advisers, Inc. The company has market cap of $155.27 million. It is co-managed by Weatherbie Capital, LLC, Congress Asset Management Company, and Sustainable Growth Advisers, LP. It has a 5.13 P/E ratio. The fund invests in the public equity markets of the United States.

American Investment Services Inc decreased Caterpillar Inc Del (CAT) stake by 33.38% reported in 2017Q3 SEC filing. American Investment Services Inc sold 45,653 shares as Caterpillar Inc Del (CAT)’s stock rose 3.62%. The American Investment Services Inc holds 91,107 shares with $11.36M value, down from 136,760 last quarter. Caterpillar Inc Del now has $101.32 billion valuation. The stock increased 0.65% or $1.1 during the last trading session, reaching $170.3. About 4.13M shares traded or 5.50% up from the average. Caterpillar Inc. (NYSE:CAT) has risen 47.53% since January 15, 2017 and is uptrending. It has outperformed by 30.83% the S&P500.

American Investment Services Inc increased General Electric Co (NYSE:GE) stake by 50,553 shares to 71,418 valued at $1.73 million in 2017Q3. It also upped Pfizer Inc (NYSE:PFE) stake by 17,554 shares and now owns 410,422 shares. Apple Inc (NASDAQ:AAPL) was raised too.

Analysts await Caterpillar Inc. (NYSE:CAT) to report earnings on January, 25. They expect $1.73 EPS, up 108.43% or $0.90 from last year’s $0.83 per share. CAT’s profit will be $1.03 billion for 24.61 P/E if the $1.73 EPS becomes a reality. After $1.95 actual EPS reported by Caterpillar Inc. for the previous quarter, Wall Street now forecasts -11.28% negative EPS growth.

Investors sentiment increased to 1.1 in 2017 Q3. Its up 0.14, from 0.96 in 2017Q2. It improved, as 50 investors sold CAT shares while 377 reduced holdings. 125 funds opened positions while 344 raised stakes. 401.83 million shares or 0.39% less from 403.41 million shares in 2017Q2 were reported. Cibc Markets holds 236,422 shares or 0.14% of its portfolio. Moreover, Usca Ria Ltd has 0.08% invested in Caterpillar Inc. (NYSE:CAT). Atalanta Sosnoff Limited Liability Com stated it has 306,769 shares or 1.32% of all its holdings. Sterling Cap Management Limited Liability invested in 64,121 shares. Crossvault Mngmt Lc reported 16,895 shares. Washington-based Parametric Assoc Lc has invested 0.23% in Caterpillar Inc. (NYSE:CAT). Nelson Roberts Inv Advsr Limited Liability Corporation reported 0.02% stake. Mcmillion Mgmt invested in 1.73% or 21,165 shares. The Ohio-based Mai has invested 0.02% in Caterpillar Inc. (NYSE:CAT). Da Davidson And Co reported 41,869 shares. Zeke Capital Advsrs Lc has 0.16% invested in Caterpillar Inc. (NYSE:CAT). Markston Intll Llc stated it has 32,411 shares or 0.41% of all its holdings. Cambridge Advisors has 12,949 shares. Moreover, Two Sigma Securities Ltd Llc has 0.1% invested in Caterpillar Inc. (NYSE:CAT) for 8,836 shares. Pnc Fin Grp Inc Inc stated it has 0.05% in Caterpillar Inc. (NYSE:CAT).

Among 30 analysts covering Caterpillar Inc. (NYSE:CAT), 13 have Buy rating, 4 Sell and 13 Hold. Therefore 43% are positive. Caterpillar Inc. had 105 analyst reports since July 27, 2015 according to SRatingsIntel. The firm earned “Outperform” rating on Monday, July 24 by BMO Capital Markets. Stifel Nicolaus maintained the shares of CAT in report on Wednesday, October 25 with “Hold” rating. Credit Suisse downgraded Caterpillar Inc. (NYSE:CAT) on Thursday, September 21 to “Hold” rating. The rating was downgraded by TheStreet on Wednesday, July 29 to “Hold”. The firm has “Sell” rating given on Monday, January 25 by Goldman Sachs. Goldman Sachs maintained Caterpillar Inc. (NYSE:CAT) rating on Monday, December 7. Goldman Sachs has “Neutral” rating and $67 target. Robert W. Baird maintained the stock with “Neutral” rating in Wednesday, October 25 report. The stock has “Neutral” rating by JP Morgan on Monday, December 5. The firm has “Buy” rating by UBS given on Friday, January 5. The firm earned “Hold” rating on Thursday, January 11 by RBC Capital Markets.

Since August 4, 2017, it had 0 buys, and 3 insider sales for $2.32 million activity. De Lange Bob also sold $216,276 worth of Caterpillar Inc. (NYSE:CAT) shares. $522,724 worth of stock was sold by DICKINSON DANIEL M on Monday, October 30. On Friday, August 4 the insider Long Suzette M sold $1.58M.

Advisory Alpha Llc holds 0.56% of its portfolio in Liberty All-Star Growth Fund, Inc. for 371,142 shares. Blue Bell Private Wealth Management Llc owns 129,819 shares or 0.32% of their US portfolio. Moreover, Thomas J. Herzfeld Advisors Inc. has 0.12% invested in the company for 51,462 shares. The Colorado-based Advisors Asset Management Inc. has invested 0.09% in the stock. Stratford Consulting Llc, a Texas-based fund reported 10,401 shares.

The stock increased 0.70% or $0.04 during the last trading session, reaching $5.77. About 34,594 shares traded. Liberty All-Star Growth Fund, Inc. (ASG) has risen 19.04% since January 15, 2017 and is uptrending. It has outperformed by 2.34% the S&P500.

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