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Wells Trecaso Financial Group LLC Sells 7,561 Shares of Caterpillar Inc. $CAT
Wells Trecaso Financial Group LLC decreased its stake in Caterpillar Inc. (NYSE:CAT) by 44.2% in the third quarter, selling 7,561 shares and now owning 9,548 shares valued at $4.56 million. Other institutional investors have also adjusted their positions in CAT, which continues to be rated a “Moderate Buy” by analysts with an average target price of $690.90. The company recently reported strong quarterly earnings and declared a quarterly dividend.