Act Ii Management LP Has Lowered Gray Television (GTN) Stake, Caterpillar (CAT) Has 0.84 Sentiment

July 3, 2017 - By Marguerite Chambers

Act Ii Management Lp decreased Gray Television Inc (GTN) stake by 26.91% reported in 2016Q4 SEC filing. Act Ii Management Lp sold 127,889 shares as Gray Television Inc (GTN)’s stock rose 0.40%. The Act Ii Management Lp holds 347,415 shares with $3.77 million value, down from 475,304 last quarter. Gray Television Inc now has $997.39M valuation. The stock increased 1.09% or $0.15 during the last trading session, reaching $13.9. About 203,419 shares traded. Gray Television, Inc. (NYSE:GTN) has risen 15.17% since July 3, 2016 and is uptrending. It has underperformed by 1.53% the S&P500.

Caterpillar Inc. is a manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. The company has market cap of $64.11 billion.

Ratings analysis reveals 57% of Caterpillar’s analysts are positive. Out of 7 Wall Street analysts rating Caterpillar, 4 give it “Buy”, 1 “Sell” rating, while 2 recommend “Hold”. The lowest target is $85.0 while the high is $110.0. The stock’s average target of $95.50 is -10.72% below today’s ($106.97) share price. CAT was included in 7 notes of analysts from September 7, 2016. RBC Capital Markets maintained the shares of CAT in report on Friday, January 27 with “Sector Perform” rating. The stock has “Neutral” rating by JP Morgan on Monday, December 5. The firm earned “Buy” rating on Tuesday, October 11 by Goldman Sachs. The stock of Caterpillar Inc. (NYSE:CAT) has “Buy” rating given on Wednesday, September 7 by Deutsche Bank. The firm has “Outperform” rating by Wells Fargo given on Friday, January 27. The stock has “Overweight” rating by Barclays Capital on Tuesday, February 7. The firm earned “Sell” rating on Thursday, January 26 by Standpoint Research.

Since January 1, 0001, it had 1 buy, and 1 sale for $280,924 activity.

American Investment Services Inc. holds 8.34% of its portfolio in Caterpillar Inc. for 215,735 shares. San Francisco Sentry Investment Group (Ca) owns 153,532 shares or 8.24% of their US portfolio. Moreover, Bill & Melinda Gates Foundation Trust has 5.49% invested in the company for 11.26 million shares. The New York-based Fore Research & Management Lp has invested 4.94% in the stock. Stewart West Indies Trading Co. Ltd, a Colorado-based fund reported 498,700 shares.

The stock decreased 0.48% or $0.52 during the last trading session, reaching $106.97. About 2.36 million shares traded. Caterpillar Inc. (CAT) has risen 47.53% since July 3, 2016 and is uptrending. It has outperformed by 30.83% the S&P500.

Analysts await Caterpillar Inc. (NYSE:CAT) to report earnings on July, 25. They expect $1.09 earnings per share, 0.00% or $0.00 from last year’s $1.09 per share. CAT’s profit will be $653.27 million for 24.53 P/E if the $1.09 EPS becomes a reality. After $1.28 actual earnings per share reported by Caterpillar Inc. for the previous quarter, Wall Street now forecasts -14.84% negative EPS growth.

Among 3 analysts covering Gray Television (NYSE:GTN), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Gray Television had 3 analyst reports since November 18, 2015 according to SRatingsIntel. The stock of Gray Television, Inc. (NYSE:GTN) earned “Overweight” rating by Stephens on Wednesday, November 18. Singular Research initiated it with “Buy” rating and $22 target in Monday, December 7 report. Benchmark initiated the shares of GTN in report on Thursday, December 15 with “Buy” rating.

Since March 10, 2017, it had 0 insider purchases, and 1 insider sale for $99,470 activity. $99,470 worth of Gray Television, Inc. (NYSE:GTN) shares were sold by BOGER RICHARD LEE.

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