Buy, Sell or Hold? Analysts Approach: Deere & Company (DE), First

DE's SI was 16.50 million shares in May as released by FINRA. About 528,635 shares traded. It has outperformed by 21.97% the S&P500. During the same quarter past year, the company posted $0.80 earnings per share. Therefore 40% are positive. The stock of Deere & Company (NYSE:DE) earned "Sector Perform" rating by RBC Capital Markets on Friday, November 25. Vetr cut Deere & Company from a "hold" rating to a "sell" rating and set a $101.70 target price on the a research note on Thursday, February 2nd. Deere & Company had 63 analyst reports since July 27, 2015 according to SRatingsIntel. The firm has "Neutral" rating given on Monday, August 24 by Piper Jaffray. As per Wednesday, August 19, the company rating was upgraded by Zacks. Adage Capital Partners GP L.L.C. now owns 428,961 shares of the industrial products company's stock worth $36,612,000 after buying an additional 211,784 shares during the last quarter.

Deere & Company DE is the world's leading manufacturer of agricultural machinery with a market capitalization of $35.9 billion. The firm has "Neutral" rating by PiperJaffray given on Monday, November 28. Breaking those down we see that the ratings are as follows: 7 Strong Buy, 0 Rated Buy, 8 Rated Hold and 0 Rated Sell. Ratings and estimates change daily and thus the numbers may differ slightly if a new report has been issued within the last 24-hours. The company was upgraded on Wednesday, February 24 by Argus Research. Deere & Company's payout ratio is presently 49.90%. The stock has a consensus rating of "Hold" and a consensus target price of $102.56.

Deere & Company (NYSE:DE) last announced its quarterly earnings results on Friday, February 17th. Huntington Natl Bank has 0.29% invested in Deere & Company (NYSE:DE) for 157,531 shares. Foreign-currency rates are not expected to have a material translation effect on equipment sales for the year or third quarter.

The Moline, IL-based farming and construction equipment maker reported Q2 earnings per share (EPS) of $2.49, which was $0.80 better than the Wall Street consensus estimate of $1.69.

Investors sentiment increased to 0.86 in Q4 2016. Its up 0.11, from 0.75 in 2016Q3. Barclays PLC set a $80.00 price objective on shares of Deere & Company and gave the stock a "sell" rating in a research report on Sunday, February 19th. 118 funds opened positions while 208 raised stakes.

Nbt Comml Bank N A Ny holds 11,459 shares or 0.2% of its portfolio. Peapack Gladstone Fincl holds 10,001 shares. Allianz Asset Mngmt Ag accumulated 1.04M shares. The legal version of this news story can be viewed at Wellington Mgmt Group Ltd Liability Partnership holds 0.02% in Deere & Company (NYSE:DE) or 901,439 shares. The company's stock had a trading volume of 5,301,955 shares.

In order to reach an opinion and communicate the value and volatility of a covered security, analysts research public financial statements, listen in on conference calls and talk to managers and the customers of a company, typically in an attempt to capture the findings for a research report. First Personal Services reported 57,270 shares or 1.56% of all its holdings.

During last 3 month it remained at 3.78%. Kentucky-based Central State Bank Tru has invested 0.01% in Deere & Company (NYSE:DE). Viking Ltd Partnership holds 4.36% or 9.31M shares in its portfolio. Tarbox Gp accumulated 0.36% or 6,032 shares. Deere's performance also reflects the sound execution of our operating plans, the strength of a broad product portfolio, and the impact of our actions to develop a more agile cost structure.

P/E ratio of the company is 24.85. The Company is engaged in providing financial services. For investors, Forward P/E ratio allows a quick snapshot of the company's finances without getting bogged down in the details of an accounting report. The Firm operates through three business divisions: agriculture and turf, construction and forestry, and financial services.

Since November 22, 2016, it had 0 buys, and 8 selling transactions for $20.85 million activity.

A number of other hedge funds have also recently added to or reduced their stakes in the company. About 5.84 million shares traded or 166.67% up from the average. Another trade for 56,404 shares valued at $5.68M was made by Gilles Jean H on Tuesday, November 29. May John C II sold $1.80M worth of stock. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell. Deere & Company also saw unusually large options trading on Tuesday. Also, insider Cory J. Reed sold 1,829 shares of the firm's stock in a transaction that occurred on Wednesday, February 22nd.

RJD Green, a development-stage company. The company has market cap of $189.00 million.

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