Rockefeller Financial Services Inc. Has $137000 Position in Deere & Company (NYSE:DE)

Rockefeller Financial Services Inc. maintained its position in Deere & Company (NYSE:DE) during the second quarter, according to its most recent Form 13F filing with the SEC. Dai Ichi Life Insurance Company Ltd boosted its stake in shares of Deere & by 42.1% in the first quarter.

Other institutional investors also recently added to or reduced their stakes in the company. PGGM Investments purchased a new stake in shares of Deere & during the first quarter worth about $26,179,000. As of the end of the quarter Bluemountain Capital Management, LLC had disposed of 8,460 shares trimming its position 40.0%. Bluemountain Capital Management, LLC controls 12,690 shares worth $1,568,000. First National Bank of Mount Dora Trust Investment Services increased its position in shares of Deere & by 5.7% in the first quarter. Arrow Financial Corp now owns 1,010 shares of the industrial products company's stock worth $125,000 after buying an additional 50 shares during the last quarter. Bridges Investment Counsel Inc. bought a new position in shares of Deere & during the second quarter worth approximately $847,000. Endurance Wealth Management Inc. raised its position in Deere & by 2.2% in the first quarter.

Shares of Deere & Company (NYSE:DE) traded down 0.54% during trading on Friday, reaching $127.09. Following the transaction, the chief executive officer now directly owns 333,492 shares of the company's stock, valued at approximately $41,686,500. The stock has a market capitalization of $42.10 billion, a P/E ratio of 23.69 and a beta of 0.67. The company has a 50 day moving average of $126.12 and a 200-day moving average of $115.78. Deere & also was the recipient of unusually large options trading on Monday.

Institutional investors now hold around $28.3 billion or 79% in DE stock. This is an increase of 255% compared to the typical volume of 206 call options.

Analysts expect Deere & Company (NYSE:DE) to report $1.87 EPS on August, 18 before the open.They anticipate $0.32 EPS change or 20.65 % from last quarter's $1.55 EPS. Next quarter's EPS is expected be $1.41 with next year's EPS projected to be $7.17. During the same quarter in the prior year, the firm posted $1.56 EPS. The company's revenue was up 2.2% compared to the same quarter a year ago. Equities analysts forecast that Deere & Company will post $6.37 earnings per share for the current year.

The company recently announced a dividend that was paid on Tuesday the 1st of August 2017. Shareholders of record on Friday, June 30th were issued a dividend of $0.60 per share. This dividend represents a yeild of $1.81 which is the dividend as a percentage of the current share price. Citigroup maintained Deere & Company (NYSE:DE) on Wednesday, June 7 with "Buy" rating. Deere &'s payout ratio is 43.24%.

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A number of equities research analysts recently issued reports on DE shares. Golub Group Inc Ltd Liability Co accumulated 290,101 shares or 2.9% of the stock. 212.97 million shares or 4.33% less from 222.62 million shares in 2016Q3 were reported. On Tuesday, August 25 the stock rating was maintained by Jefferies with "Hold". TheStreet upgraded shares of Deere & from a "c+" rating to an "a-" rating in a research note on Friday, May 19th. The stock was sold at an average price of $130.89, for a total transaction of $654,450.00. UBS AG restated a "neutral" rating and issued a $122.00 price objective (up from $112.00) on shares of Deere & in a research report on Monday, May 22nd. Three research analysts have rated the stock with a sell rating, thirteen have given a hold rating and thirteen have given a buy rating to the stock. The mean target of $134.00 should be compared with the price when the stock was languishing around $76.73 a share.

In other news, insider Cory J. Reed sold 5,601 shares of the business's stock in a transaction dated Thursday, May 25th. Parallel Advisors LLC now owns 1,504 shares of the industrial products company's stock valued at $167,000 after buying an additional 193 shares in the last quarter. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Shares for $792,135 were sold by Howze Marc A on Friday, May 19. Insiders have sold 130,988 shares of company stock worth $16,451,037 over the last ninety days. Following the transaction, the insider now directly owns 10,807 shares of the company's stock, valued at $1,292,409.13.

Deere & Company (NYSE:DE) has risen 46.99% since August 10, 2016 and is uptrending. The Iowa-based Principal Financial Group Inc has invested 0.05% in Deere & Company (NYSE:DE). The Company operates through three business segments: agriculture and turf, construction and forestry, and financial services. The agriculture and turf segment manufactures and distributes a line of agriculture and turf equipment and related service parts.

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