As Comerica (CMA) Stock Price Declined, Bridgewater Associates LP Boosted Holding by $3.72 …

Carroll Financial Associates Inc increased its stake in Deere & Co Com (DE) by 139.51% based on its latest 2019Q1 regulatory filing with the SEC.

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Carroll Financial Associates Inc increased its stake in Deere & Co Com (DE) by 139.51% based on its latest 2019Q1 regulatory filing with the SEC. Carroll Financial Associates Inc bought 2,899 shares as the company’s stock rose 0.67% . The institutional investor held 4,977 shares of the industrial machinery and components company at the end of 2019Q1, valued at $795,000, up from 2,078 at the end of the previous reported quarter. Carroll Financial Associates Inc who had been investing in Deere & Co Com for a number of months, seems to be bullish on the $50.29B market cap company. The stock increased 1.90% or $3.01 during the last trading session, reaching $161.37. About 650,215 shares traded. Deere & Company (NYSE:DE) has risen 19.86% since September 10, 2018 and is uptrending. It has outperformed by 19.86% the S&P500. Some Historical DE News: 21/05/2018 – DEERE & CO DE.N : BOFA MERRILL RAISES PRICE OBJECTIVE TO $172 FROM $159; 18/05/2018 – DEERE SEES FY ADJ NET ABOUT $3.1B, SAW $2.85B, EST. $3.09B; 18/05/2018 – DEERE SAYS BEYOND 2018, WIRTGEN OPERATING MARGINS ARE EXPECTED TO BE 13-14 PCT; 03/05/2018 – DEERE & CO DE.N : BOFA MERRILL CUTS PRICE OBJECTIVE TO $159 FROM $172; 04/04/2018 – DEERE & CO DE.N SAYS VITAL THAT FARMERS HAVE EQUAL ACCESS TO THE GLOBAL MARKET; 18/05/2018 – Deere Plans Price Increases as Costs Gain for Freight, Materials; 18/05/2018 – DEERE & CO – DEERE’S WORLDWIDE SALES OF AGRICULTURE AND TURF EQUIPMENT ARE FORECAST TO INCREASE BY ABOUT 14 PERCENT FOR FISCAL-YEAR 2018; 18/05/2018 – DEERE SAYS WIRTGEN IS GENERATING “STRONG” POSITIVE CASH FLOW IN CURRENT FISCAL YEAR; 04/04/2018 – US SOYBEAN: INCLUDING THE TARIFF US FARMERS (AND TRADERS) WILL TAKE A 28-30% INCOME CUT FOR THEIR EXPORTS TO CHINA; 18/05/2018 – Deere & Co. 2Q Rev $10.7B

Bridgewater Associates Lp increased its stake in Comerica Inc (CMA) by 64.59% based on its latest 2019Q1 regulatory filing with the SEC. Bridgewater Associates Lp bought 50,915 shares as the company’s stock declined 4.92% . The hedge fund held 129,744 shares of the major banks company at the end of 2019Q1, valued at $9.51 million, up from 78,829 at the end of the previous reported quarter. Bridgewater Associates Lp who had been investing in Comerica Inc for a number of months, seems to be bullish on the $9.43B market cap company. The stock decreased 0.21% or $0.13 during the last trading session, reaching $63.08. About 645,809 shares traded. Comerica Incorporated (NYSE:CMA) has declined 24.24% since September 10, 2018 and is downtrending. It has underperformed by 24.24% the S&P500. Some Historical CMA News: 24/04/2018 – Comerica Boosts Dividend By 13% — MarketWatch; 17/04/2018 – COMERICA INC – QTRLY NET INTEREST INCOME $549 MLN VS $470 MLN REPORTED LAST YEAR; 17/04/2018 – Comerica Sees 2Q Noninterest Expenses Modesly Lower Vs. 1Q; 17/04/2018 – COMERICA INC – QTR-END COMMON EQUITY TIER 1 CAPITAL RATIO OF 11.96 PCT VS 11.55 PCT; 17/04/2018 – COMERICA 1Q EPS $1.59; 17/04/2018 – COMERICA INC – QTRLY SHR $1.59; 21/03/2018 – Comerica Raises Prime Rate to 4.75% From 4.50%; 21/04/2018 – DJ Comerica Incorporated, Inst Holders, 1Q 2018 (CMA); 24/05/2018 – VP Burkhart Gifts 554 Of Comerica Inc; 24/04/2018 – COMERICA BOOSTS DIV TO 34C/SHARE, WAS 30C/SHARE, EST. 30C/SHARE

More notable recent Deere & Company (NYSE:DE) news were published by: Seekingalpha.com which released: “Deere PT lowered at Deutsche Bank – Seeking Alpha” on August 14, 2019, also Seekingalpha.com with their article: “More Sobering News From Deere – Seeking Alpha” published on August 22, 2019, Seekingalpha.com published: “Putting Deere In Your Portfolio – Seeking Alpha” on August 26, 2019. More interesting news about Deere & Company (NYSE:DE) were released by: Finance.Yahoo.com and their article: “Should You Be Adding Deere (NYSE:DE) To Your Watchlist Today? – Yahoo Finance” published on September 01, 2019 as well as Seekingalpha.com‘s news article titled: “Deere Earnings Preview – Seeking Alpha” with publication date: August 15, 2019.

Carroll Financial Associates Inc, which manages about $1.57B and $1.07B US Long portfolio, decreased its stake in Vanguard Short Term Corp Bond Fd Etf (VCSH) by 10,432 shares to 36,357 shares, valued at $2.90M in 2019Q1, according to the filing. It also reduced its holding in Powershares Sp500 Low Volatility Etf by 90,257 shares in the quarter, leaving it with 52,329 shares, and cut its stake in Schwab Fundamental U.S. Large Company Index Etf (FNDX).

Investors sentiment decreased to 0.93 in Q1 2019. Its down 0.08, from 1.01 in 2018Q4. It worsened, as 53 investors sold DE shares while 328 reduced holdings. 99 funds opened positions while 257 raised stakes. 210.20 million shares or 0.61% less from 211.50 million shares in 2018Q4 were reported. Moreover, Virtu Finance Limited Liability Corp has 0.11% invested in Deere & Company (NYSE:DE) for 12,177 shares. Bkd Wealth Lc stated it has 0.02% in Deere & Company (NYSE:DE). Tower Bridge invested 0% of its portfolio in Deere & Company (NYSE:DE). Blb&B Advsrs accumulated 1,450 shares. Markel, a Virginia-based fund reported 1.01 million shares. Drexel Morgan Company accumulated 1.85% or 13,020 shares. Trustmark Natl Bank Trust Department accumulated 0% or 200 shares. Appleton Prtnrs Ma holds 0.16% in Deere & Company (NYSE:DE) or 7,567 shares. 8,132 were accumulated by Pacific Global Investment Management. Commerzbank Aktiengesellschaft Fi invested 0.04% in Deere & Company (NYSE:DE). The Pennsylvania-based Rodgers Brothers has invested 0.1% in Deere & Company (NYSE:DE). Wisconsin-based Johnson Fincl has invested 0.02% in Deere & Company (NYSE:DE). Bryn Mawr Trust owns 26,039 shares. Peddock Lc reported 998 shares. 1.14M were accumulated by Principal Finance Gru.

Investors sentiment increased to 1.12 in Q1 2019. Its up 0.22, from 0.9 in 2018Q4. It is positive, as 32 investors sold CMA shares while 167 reduced holdings. 73 funds opened positions while 149 raised stakes. 123.21 million shares or 4.56% less from 129.09 million shares in 2018Q4 were reported. 9,250 were accumulated by Thomas White Intll Ltd. Art Ltd holds 0.4% of its portfolio in Comerica Incorporated (NYSE:CMA) for 91,825 shares. Farmers & Merchants Invs holds 71 shares. Hsbc Public Ltd Company owns 0.02% invested in Comerica Incorporated (NYSE:CMA) for 133,946 shares. Creative Planning has 0% invested in Comerica Incorporated (NYSE:CMA). Regions owns 0% invested in Comerica Incorporated (NYSE:CMA) for 1,400 shares. Adage Prtn Limited Liability Co holds 0.01% or 74,916 shares. Retirement Of Alabama holds 0.03% or 74,036 shares in its portfolio. Ontario Teachers Pension Plan Board has invested 0.01% in Comerica Incorporated (NYSE:CMA). 4,000 were reported by Levin Capital Strategies Lp. 128,618 are held by Stifel Fincl. Braun Stacey Associate Inc holds 0.85% of its portfolio in Comerica Incorporated (NYSE:CMA) for 175,089 shares. Lsv Asset Management accumulated 0% or 8,500 shares. Whittier Tru Com Of Nevada holds 0.01% in Comerica Incorporated (NYSE:CMA) or 1,043 shares. Arizona-based Tci Wealth has invested 0% in Comerica Incorporated (NYSE:CMA).

Comerica Incorporated (NYSE:CMA) Institutional Positions Chart

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Baystate Wealth Management Has Raised Its Deere & Co Com (DE) Stake by $639705 as Share …

TW SAYS IT ORDERS EQUIPMENT FOR T$856 MLN; 12/03/2018 – Moody’s: Upgrade Reflects Expectation That Growth in TSMC’s Free Cash Flow, …

Deere & Company (NYSE:DE) Logo

Baystate Wealth Management Llc increased its stake in Deere & Co Com (DE) by 1615.42% based on its latest 2019Q1 regulatory filing with the SEC. Baystate Wealth Management Llc bought 3,877 shares as the company’s stock declined 10.98% while stock markets rallied. The institutional investor held 4,117 shares of the industrial machinery and components company at the end of 2019Q1, valued at $681,000, up from 240 at the end of the previous reported quarter. Baystate Wealth Management Llc who had been investing in Deere & Co Com for a number of months, seems to be bullish on the $54.01B market cap company. The stock increased 2.08% or $3.48 during the last trading session, reaching $170.39. About 1.94 million shares traded. Deere & Company (NYSE:DE) has declined 1.30% since July 28, 2018 and is downtrending. It has underperformed by 5.73% the S&P500. Some Historical DE News: 20/04/2018 – FMC, Deere Seen Raising Dividend for 1st Time in 2 Years: BDVD; 18/05/2018 – DEERE SAYS `GREAT STRIDES’ MADE IN LOWERING INVENTORIES; 20/03/2018 – DEERE SEES AG EQUIPMENT DEMAND IMPROVING ON GRAIN PRICES; 21/03/2018 – DEERE & CO CEO SAYS COMPANY MAY SWITCH INPUT MATERIALS DUE TO U.S. STEEL TARIFFS; 30/05/2018 – DEERE & CO – NEW QUARTERLY RATE REPRESENTS AN ADDITIONAL 9 CENTS PER SHARE OVER PREVIOUS LEVEL – AN INCREASE OF 15 PERCENT; 18/05/2018 – Deere Plans Price Increases as Costs Gain for Freight, Materials; 18/05/2018 – DEERE SAYS FARM MACHINERY SALES IN NORTH, SOUTH AMERICA ARE MAKING “SOLID GAINS” AND CONSTRUCTION EQUIPMENT SALES ARE CONTINUING TO MOVE SHARPLY HIGHER; 18/04/2018 – EPA: EPA Region 7 Administrator Jim Gulliford to Present Environmental Awards to City of Dubuque, Iowa, and John Deere Dubuque; 30/04/2018 – John Deere and Tata sign potentially groundbreaking deal in Nigeria; 30/05/2018 – DEERE & COMPANY RAISES DIVIDEND

Capital International Ltd decreased its stake in Taiwan Semiconductor Mfg Co Adr (TSM) by 4.81% based on its latest 2019Q1 regulatory filing with the SEC. Capital International Ltd sold 18,834 shares as the company’s stock rose 10.07% with the market. The institutional investor held 372,442 shares of the semiconductors company at the end of 2019Q1, valued at $15.26 million, down from 391,276 at the end of the previous reported quarter. Capital International Ltd who had been investing in Taiwan Semiconductor Mfg Co Adr for a number of months, seems to be less bullish one the $220.56 billion market cap company. The stock decreased 0.37% or $0.16 during the last trading session, reaching $43.46. About 4.36 million shares traded. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) has risen 5.06% since July 28, 2018 and is uptrending. It has outperformed by 0.63% the S&P500. Some Historical TSM News: 28/03/2018 – Australian Gov: US Patent Issued to Taiwan Semiconductor Manufacturing on March 27 for “Source/drain regions for high electron; 26/04/2018 – TSMC SAYS UNIT ORDERS EQUIPMENT FOR T$1.9 BLN; 02/04/2018 – TSMC 2330.TW TSM.N SAYS IT ORDERS MACHINERY EQUIPMENT WORTH T$29.4 BLN; 15/05/2018 – SAMSUNG ELEC TO ANNOUNCE A NEW CLIENT FOR ITS EXYNOS CHIPSETS IN H1 2019 – EXEC; 29/05/2018 – TSMC 2330.TW TSM.N SAYS IT ORDERS MACHINERY EQUIPMENT WORTH T$964 MLN; 07/03/2018 – Already under EU investigation, Taiwan company now accused of unfair competition; 23/05/2018 – TSMC 2330.TW TSM.N SAYS ORDERS MACHINERY EQUIPMENT WORTH T$306 MLN; 26/04/2018 – TSMC 2330.TW SAYS IT ORDERS EQUIPMENT FOR T$856 MLN; 12/03/2018 – Moody’s: Upgrade Reflects Expectation That Growth in TSMC’s Free Cash Flow, Stability in Margins Will Remain Solid; 19/04/2018 – TSMC 2330.TW TSM.N SAYS IT SEES SEMICONDUCTOR MARKET GROWTH AT 5 PCT

Investors sentiment decreased to 0.93 in Q1 2019. Its down 0.08, from 1.01 in 2018Q4. It turned negative, as 53 investors sold DE shares while 328 reduced holdings. 99 funds opened positions while 257 raised stakes. 210.20 million shares or 0.61% less from 211.50 million shares in 2018Q4 were reported. Dorsey & Whitney Trust Ltd Liability Corp accumulated 1,934 shares. Jefferies Gru Limited Liability holds 0.01% or 4,436 shares. Asset Of Georgia Inc Ga Adv owns 3,297 shares or 0.37% of their US portfolio. Qs Ltd Liability Company reported 6,343 shares. Smithfield Trust Communication holds 0.06% of its portfolio in Deere & Company (NYSE:DE) for 3,355 shares. Robecosam Ag has 35,895 shares for 0.24% of their portfolio. Hennessy Advsr holds 0.12% or 16,800 shares. Leavell Invest stated it has 0.12% of its portfolio in Deere & Company (NYSE:DE). 18,620 were reported by Commonwealth Of Pennsylvania Pub School Empls Retrmt. Qci Asset Mngmt Ny holds 0% or 150 shares in its portfolio. Notis owns 1,525 shares for 0.12% of their portfolio. 2,315 were accumulated by Great Lakes Advsr Lc. Blackrock holds 0.13% or 18.52M shares. Parsons Incorporated Ri holds 0.09% or 4,989 shares in its portfolio. Lincoln Natl reported 3,444 shares or 0.02% of all its holdings.

More notable recent Deere & Company (NYSE:DE) news were published by: Seekingalpha.com which released: “Deere’s Position In The U.S.-China Trade War – Seeking Alpha” on July 15, 2019, also Seekingalpha.com with their article: “UBS downgrades Deere to Neutral – Seeking Alpha” published on July 10, 2019, Finance.Yahoo.com published: “Deere (NYSE:DE) Shareholders Booked A 76% Gain In The Last Three Years – Yahoo Finance” on June 17, 2019. More interesting news about Deere & Company (NYSE:DE) were released by: Finance.Yahoo.com and their article: “Is Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF) Better Than Average At Deploying Capital? – Yahoo Finance” published on July 22, 2019 as well as Finance.Yahoo.com‘s news article titled: “Should You Be Worried About Industrias Bachoco, S.A.B. de C.V.’s (NYSE:IBA) 6.3% Return On Equity? – Yahoo Finance” with publication date: July 05, 2019.

Capital International Ltd, which manages about $417.58 million US Long portfolio, upped its stake in Pfizer Inc (NYSE:PFE) by 23,257 shares to 112,757 shares, valued at $4.79M in 2019Q1, according to the filing. It also increased its holding in Crown Castle Intl Corp (Reit) (NYSE:CCI) by 7,200 shares in the quarter, for a total of 103,300 shares, and has risen its stake in Microsoft Corp (NASDAQ:MSFT).

Deere & Company (NYSE:DE) Institutional Positions Chart

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The Deere & Company (DE) Holding Cut by Lodge Hill Capital LLC

Lodge Hill Capital LLC trimmed its holdings in shares of Deere & Company (NYSE:DE) by 29.5% in the fourth quarter, HoldingsChannel reports.

Lodge Hill Capital LLC trimmed its holdings in shares of Deere & Company (NYSE:DE) by 29.5% in the fourth quarter, HoldingsChannel reports. The firm owned 154,993 shares of the industrial products company’s stock after selling 65,007 shares during the period. Deere & Company makes up 6.4% of Lodge Hill Capital LLC’s portfolio, making the stock its 5th biggest position. Lodge Hill Capital LLC’s holdings in Deere & Company were worth $23,120,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Destination Wealth Management increased its stake in shares of Deere & Company by 20,500.0% in the 4th quarter. Destination Wealth Management now owns 206 shares of the industrial products company’s stock valued at $31,000 after buying an additional 205 shares during the period. Oregon Public Employees Retirement Fund increased its stake in shares of Deere & Company by 14,550.1% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 5,214,983 shares of the industrial products company’s stock valued at $35,000 after buying an additional 5,179,386 shares during the period. Legacy Financial Advisors Inc. increased its stake in shares of Deere & Company by 155.9% in the 4th quarter. Legacy Financial Advisors Inc. now owns 238 shares of the industrial products company’s stock valued at $36,000 after buying an additional 145 shares during the period. Athena Capital Advisors LLC acquired a new stake in shares of Deere & Company in the 4th quarter valued at $36,000. Finally, Lavaca Capital LLC acquired a new stake in shares of Deere & Company in the 4th quarter valued at $41,000. 65.35% of the stock is owned by hedge funds and other institutional investors.

DE has been the subject of several research reports. UBS Group set a $177.00 target price on Deere & Company and gave the company a “buy” rating in a research note on Friday, November 23rd. Robert W. Baird set a $165.00 price target on Deere & Company and gave the stock a “buy” rating in a research report on Friday, November 23rd. Zacks Investment Research upgraded Deere & Company from a “hold” rating to a “buy” rating and set a $176.00 price target on the stock in a research report on Tuesday, January 15th. Argus raised their price target on Deere & Company from $166.00 to $170.00 and gave the stock a “buy” rating in a research report on Wednesday, January 9th. Finally, Credit Suisse Group restated a “buy” rating and issued a $211.00 price target on shares of Deere & Company in a research report on Tuesday, January 8th. Seven analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. Deere & Company presently has a consensus rating of “Buy” and a consensus target price of $176.73.

In other Deere & Company news, insider John C. May II sold 11,661 shares of Deere & Company stock in a transaction dated Thursday, January 17th. The stock was sold at an average price of $160.21, for a total transaction of $1,868,208.81. Following the transaction, the insider now directly owns 55,743 shares in the company, valued at $8,930,586.03. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 0.71% of the company’s stock.

DE stock opened at $159.01 on Monday. The company has a debt-to-equity ratio of 2.46, a quick ratio of 1.68 and a current ratio of 1.98. The stock has a market cap of $50.86 billion, a price-to-earnings ratio of 16.93, a price-to-earnings-growth ratio of 1.73 and a beta of 0.89. Deere & Company has a 1-year low of $128.32 and a 1-year high of $168.05.

Deere & Company (NYSE:DE) last posted its earnings results on Friday, February 15th. The industrial products company reported $1.54 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.76 by ($0.22). The business had revenue of $6.94 billion for the quarter, compared to the consensus estimate of $6.83 billion. Deere & Company had a return on equity of 28.83% and a net margin of 8.85%. The business’s revenue was up 16.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.31 earnings per share. Analysts predict that Deere & Company will post 11.23 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, May 1st. Shareholders of record on Friday, March 29th will be issued a dividend of $0.76 per share. The ex-dividend date is Thursday, March 28th. This represents a $3.04 annualized dividend and a yield of 1.91%. Deere & Company’s dividend payout ratio is presently 32.37%.

Deere & Company Profile

Deere & Co engages in the manufacture and distribution of equipment used in agriculture, construction, forestry, and turf care. It operates through the following segments: Agriculture and Turf, Construction and Forestry, and Financial Services. The Agriculture and Turf segment focuses on the distribution and manufacturing of full line of agriculture and turf equipment and related service parts.

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Want to see what other hedge funds are holding DE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Deere & Company (NYSE:DE).

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Jacobs & Co. CA Cuts Stake in Deere & Company (DE)

Man Group plc lifted its stake in shares of Deere & Company by 4.8% in the 3rd quarter. Man Group plc now owns 24,155 shares of the industrial …

Deere & Company logoJacobs & Co. CA lessened its position in shares of Deere & Company (NYSE:DE) by 4.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 34,670 shares of the industrial products company’s stock after selling 1,571 shares during the quarter. Jacobs & Co. CA’s holdings in Deere & Company were worth $5,541,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Man Group plc lifted its stake in shares of Deere & Company by 4.8% in the 3rd quarter. Man Group plc now owns 24,155 shares of the industrial products company’s stock valued at $3,632,000 after purchasing an additional 1,106 shares during the period. Macquarie Group Ltd. lifted its stake in shares of Deere & Company by 2.2% in the 3rd quarter. Macquarie Group Ltd. now owns 37,208 shares of the industrial products company’s stock valued at $5,594,000 after purchasing an additional 808 shares during the period. Neuberger Berman Group LLC lifted its stake in shares of Deere & Company by 11.0% in the 3rd quarter. Neuberger Berman Group LLC now owns 358,825 shares of the industrial products company’s stock valued at $53,942,000 after purchasing an additional 35,597 shares during the period. Teachers Advisors LLC lifted its stake in shares of Deere & Company by 5.3% in the 3rd quarter. Teachers Advisors LLC now owns 842,016 shares of the industrial products company’s stock valued at $126,580,000 after purchasing an additional 42,372 shares during the period. Finally, TIAA CREF Investment Management LLC lifted its stake in shares of Deere & Company by 15.3% in the 3rd quarter. TIAA CREF Investment Management LLC now owns 1,936,879 shares of the industrial products company’s stock valued at $291,171,000 after purchasing an additional 257,466 shares during the period. 68.25% of the stock is currently owned by institutional investors and hedge funds.

A number of analysts recently commented on DE shares. Credit Suisse Group reaffirmed a “buy” rating and issued a $211.00 target price on shares of Deere & Company in a research report on Tuesday, January 8th. Argus boosted their target price on Deere & Company from $166.00 to $170.00 and gave the company a “buy” rating in a research report on Wednesday, January 9th. Zacks Investment Research raised Deere & Company from a “hold” rating to a “buy” rating and set a $176.00 target price for the company in a research report on Tuesday, January 15th. OTR Global raised Deere & Company to a “positive” rating in a research report on Friday, January 18th. Finally, Bank of America lowered Deere & Company from a “buy” rating to a “neutral” rating and decreased their target price for the company from $173.00 to $170.00 in a research report on Wednesday, February 13th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and twelve have issued a buy rating to the company. Deere & Company presently has an average rating of “Buy” and an average price target of $179.43.

Shares of DE opened at $165.31 on Thursday. The company has a debt-to-equity ratio of 2.46, a current ratio of 1.98 and a quick ratio of 1.68. The company has a market cap of $52.75 billion, a price-to-earnings ratio of 17.60, a P/E/G ratio of 1.74 and a beta of 0.90. Deere & Company has a 52 week low of $128.32 and a 52 week high of $169.99.

Deere & Company (NYSE:DE) last announced its earnings results on Friday, February 15th. The industrial products company reported $1.54 earnings per share for the quarter, missing analysts’ consensus estimates of $1.76 by ($0.22). The business had revenue of $6.94 billion during the quarter, compared to analysts’ expectations of $6.83 billion. Deere & Company had a return on equity of 28.83% and a net margin of 8.85%. Deere & Company’s quarterly revenue was up 16.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.31 EPS. Analysts expect that Deere & Company will post 11.17 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, May 1st. Stockholders of record on Friday, March 29th were paid a dividend of $0.76 per share. The ex-dividend date was Thursday, March 28th. This represents a $3.04 dividend on an annualized basis and a dividend yield of 1.84%. Deere & Company’s dividend payout ratio (DPR) is currently 32.37%.

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Deere & Company Profile

Deere & Company manufactures and distributes various equipment worldwide. The company operates through three segments: Agriculture and Turf, Construction and Forestry, and Financial Services. The Agriculture and Turf segment offers agriculture and turf equipment, and related parts, including large, medium, and utility tractors; tractor loaders; combines, cotton pickers, cotton strippers, and sugarcane harvesters; harvesting front-end equipment; sugarcane loaders and pull-behind scrapers; and tillage, seeding, and application equipment.

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Institutional Ownership by Quarter for Deere & Company (NYSE:DE)

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Deere & Company (DE) Shares Bought by Probity Advisors Inc.

Man Group plc increased its position in shares of Deere & Company by 4.8% during the 3rd quarter. Man Group plc now owns 24,155 shares of the …

Deere & Company logoProbity Advisors Inc. boosted its holdings in Deere & Company (NYSE:DE) by 4.2% during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,812 shares of the industrial products company’s stock after acquiring an additional 195 shares during the quarter. Probity Advisors Inc.’s holdings in Deere & Company were worth $769,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in DE. Man Group plc increased its position in shares of Deere & Company by 4.8% during the 3rd quarter. Man Group plc now owns 24,155 shares of the industrial products company’s stock valued at $3,632,000 after purchasing an additional 1,106 shares during the last quarter. Macquarie Group Ltd. increased its position in shares of Deere & Company by 2.2% during the 3rd quarter. Macquarie Group Ltd. now owns 37,208 shares of the industrial products company’s stock valued at $5,594,000 after purchasing an additional 808 shares during the last quarter. Kentucky Retirement Systems bought a new position in shares of Deere & Company during the 3rd quarter valued at about $2,887,000. Neuberger Berman Group LLC increased its position in shares of Deere & Company by 11.0% during the 3rd quarter. Neuberger Berman Group LLC now owns 358,825 shares of the industrial products company’s stock valued at $53,942,000 after purchasing an additional 35,597 shares during the last quarter. Finally, Teachers Advisors LLC increased its position in shares of Deere & Company by 5.3% during the 3rd quarter. Teachers Advisors LLC now owns 842,016 shares of the industrial products company’s stock valued at $126,580,000 after purchasing an additional 42,372 shares during the last quarter. Institutional investors and hedge funds own 68.23% of the company’s stock.

Several equities analysts have recently commented on DE shares. Zacks Investment Research upgraded Deere & Company from a “hold” rating to a “buy” rating and set a $178.00 price objective on the stock in a research report on Thursday, January 24th. Credit Suisse Group reiterated a “buy” rating and set a $211.00 price objective on shares of Deere & Company in a research report on Tuesday, January 8th. Citigroup reduced their price objective on Deere & Company from $185.00 to $180.00 and set a “buy” rating on the stock in a research report on Tuesday, February 19th. Argus increased their price objective on Deere & Company from $166.00 to $170.00 and gave the company a “buy” rating in a research report on Wednesday, January 9th. Finally, Barclays reiterated a “buy” rating and set a $180.00 price objective on shares of Deere & Company in a research report on Tuesday, February 19th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and eleven have assigned a buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $179.43.

NYSE DE opened at $165.63 on Wednesday. Deere & Company has a fifty-two week low of $128.32 and a fifty-two week high of $169.99. The company has a debt-to-equity ratio of 2.46, a current ratio of 1.98 and a quick ratio of 1.68. The company has a market capitalization of $52.55 billion, a price-to-earnings ratio of 17.64, a price-to-earnings-growth ratio of 1.73 and a beta of 0.90.

Deere & Company (NYSE:DE) last released its quarterly earnings data on Friday, February 15th. The industrial products company reported $1.54 earnings per share for the quarter, missing the consensus estimate of $1.76 by ($0.22). Deere & Company had a return on equity of 28.83% and a net margin of 8.85%. The business had revenue of $6.94 billion during the quarter, compared to analysts’ expectations of $6.83 billion. During the same quarter last year, the business posted $1.31 EPS. The company’s quarterly revenue was up 16.2% compared to the same quarter last year. As a group, research analysts expect that Deere & Company will post 11.17 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, May 1st. Stockholders of record on Friday, March 29th will be paid a $0.76 dividend. This represents a $3.04 dividend on an annualized basis and a dividend yield of 1.84%. The ex-dividend date is Thursday, March 28th. Deere & Company’s payout ratio is presently 32.37%.

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Deere & Company Profile

Deere & Company manufactures and distributes various equipment worldwide. The company operates through three segments: Agriculture and Turf, Construction and Forestry, and Financial Services. The Agriculture and Turf segment offers agriculture and turf equipment, and related parts, including large, medium, and utility tractors; tractor loaders; combines, cotton pickers, cotton strippers, and sugarcane harvesters; harvesting front-end equipment; sugarcane loaders and pull-behind scrapers; and tillage, seeding, and application equipment.

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Institutional Ownership by Quarter for Deere & Company (NYSE:DE)

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