Deere & Company Stock Jumps on Q4 Earnings Beat

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$116.71's average target is -19.50% below currents $144.98 stock price. First Foundation Advisors reported 2,101 shares or 0.02% of all its holdings. QCI Asset Management Inc. Public Employees Retirement System Of Ohio added to its ownership by buying 1,698 shares an increase of 0.7%. As of quarter end State Street Corp had acquired 471,106 shares growing its stake by 3.9%. Harfst & Associates Inc. grew its position in Deere & by 44.2% during the second quarter. AllSquare Wealth Management LLC bought a new position in shares of Deere & in the 3rd quarter valued at $171,000. If you are accessing this article on another site, it was illegally copied and republished in violation of USA & worldwide copyright & trademark legislation.

Deere & Company (NYSE:DE) traded up $6.02 during trading on Wednesday, reaching $145.25.

In other Deere & news, insider John C. May II sold 22,095 shares of the business's stock in a transaction that occurred on Monday, October 2nd. The equipment company reported earnings per share of $6.68 on revenue of $29.74 billion for the year. Pentz Markwart Von, Pres.Ag&TurfDiv.Eur.Asia, Afr. sold $405,030 worth of shares at a price of $135.01 on November 3rd. The stock was sold at an average price of $132.98, for a total transaction of $953,998.52. Blue Edge Capital, LLC owns 6,457 shares with a value of $810,935,000.

President, WW C&F, Lbr Rltns Max A. Guinn disclosed the sale of 8,551 shares. Over the last ninety days, insiders have sold 102,684 shares of company stock valued at $13,270,809.

A number of equities analysts have weighed in on DE shares. Finally, Deutsche Bank AG raised their target price on shares of Deere & from $129.00 to $149.00 and gave the company a "hold" rating in a report on Thursday, November 16th. BMO Capital Markets reiterated a "buy" rating and set a $150.00 target price on shares of Deere & in a report on Thursday, November 2nd. At Deere & Company (DE), there are now 1,109 institutional holders with a total of 221,910,043 shares. That transaction was set to be finalized next month, Deere said Wednesday.

In the past three-month period, there have been 0 open market buys by insiders for Deere & Company (DE) and 10 sells - amounting to a total of 10 insider trades during that timeframe.

Deere & (NYSE:DE) last posted its quarterly earnings results on Wednesday, November 22nd.

Full-year results benefited from a gain on the sale of Deere's remaining SiteOne interest. The firm has a market cap of $46,670.00, a PE ratio of 22.93, a P/E/G ratio of 2.46 and a beta of 0.73. The company has a debt-to-equity ratio of 2.76, a current ratio of 2.10 and a quick ratio of 1.90.

Deere's net income of more than $2 billion for the quarter bettered $1.5 billion a year ago. Deere & Company had 97 analyst reports since July 27, 2015 according to SRatingsIntel.

Deere & Company, launched on April 25, 1958, is involved in equipment operations. The company's revenue was up 25.6% compared to the same quarter previous year. As of the latest earnings report the EPS was $5.99 with 321.30M shares outstanding. This represents a $2.40 dividend on an annualized basis and a yield of 1.65%. The ex-dividend date was Thursday, September 28th.

Douglass Winthrop Advisors Llc decreased its stake in Deere & Co (DE) by 40.4% based on its latest 2017Q2 regulatory filing with the SEC.

Have you taken a look at the chart for Deere & Company (DE) lately?

A lot of insight can be gained about how a company is performing financially by looking at its insiders' buying and selling activity. The Firm operates through three business divisions: agriculture and turf, construction and forestry, and financial services.

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