Deere & Company (NASDAQ:DE) To Report Earnings

Deere & Company (NASDAQ:DE) To Report Earnings

Deere & Company (NASDAQ:DE) To Report Earnings

BlackRock Inc. now owns 16,715,452 shares of the industrial products company's stock worth $1,819,643,000 after buying an additional 16,055,453 shares in the last quarter. Parallel Advisors LLC lifted its holdings in Deere & by 14.7% in the 1st quarter.

At the moment, the top institutional investor at Deere & Company (DE) is VANGUARD GROUP INC, which now holds 23,122,377 shares. Principal Financial Group Inc. now owns 1,450,533 shares of the industrial products company's stock worth $179,271,000 after buying an additional 1,027,175 shares in the last quarter. Blue Edge Capital, LLC divested its position by shedding 278 shares a decrease of 4.1% in the quarter. AllSquare Wealth Management LLC bought a new position in Deere & in the third quarter valued at approximately $171,000. Institutional investors own 67.05% of the company's stock. 35,964 are held by Mutual Of America Capital Management Limited Co.

ILLEGAL ACTIVITY WARNING: This news story was originally posted by StockNewsTimes and is the sole property of of StockNewsTimes. If you are viewing this article on another site, it was illegally copied and republished in violation of United States & global copyright laws. Finally, Principal Financial Group Inc. raised its position in shares of Deere & by 242.6% in the second quarter. While the stock price moved along with the volume change, shares are touching $145.25 at the time of writing. Blue Edge Capital, LLC owns 6,457 shares with a value of $810,935,000. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Max A. Guinn sold 7,174 shares of the business's stock in a transaction that occurred on Friday, October 27th. The shares were sold on November 2nd for an average price of $134.89. Following the transaction, the insider now owns 57,086 shares in the company, valued at approximately $7,725,448.38. Companies with a high P/E ratio are typically growth stocks.

Deere & Company (DE) traded up $6.02 during mid-day trading on Thursday, reaching $145.25.

Shares of the Moline, Illinois company known for its trademark green tractors rose 5 percent in premarket trading and were on track to open at a record high. At Deere & Company (DE), there are now 1,109 institutional holders with a total of 221,910,043 shares.

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

Stock on Analyst Radar: Cytokinetics (CYTK)
On Tuesday, Shares of Cytokinetics, Incorporated ( NASDAQ: CYTK ) expressed a change of -29.50% and is now trading at $7.82. Analysts are also projecting an Average Revenue Estimate for Cytokinetics, Incorporated as $6890 in the Current Quarter.

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

Deere said net income attributable to the company rose 79 percent to $510.3 million or $1.57 per share in the fourth quarter, while total net sales rose 25.5 percent to $7.09 billion. The performance this quarter is at 25.82% while the weekly performance is at 9.81%.

The company said that results in farm and construction equipment showed improvement over the fiscal year, and it singled out strength in South America, as it did when it reported results for the prior quarter in August.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 1st. This represents a $2.40 annualized dividend and a yield of 2.12%. The ex-dividend date of this dividend was Thursday, September 28th. Deere &'s dividend payout ratio (DPR) is 40.20%.

Several brokerages have recently commented on DE. Three investment analysts have rated the stock with a sell rating, eleven have given a hold rating and twelve have given a buy rating to the company's stock. Argus reissued a "buy" rating and set a $140.00 price objective on shares of Deere & in a report on Tuesday, August 22nd. Goldman Sachs upgraded the shares of DE in report on Monday, July 27 to "Neutral" rating. Equity analyst Piper Jaffray Companies released guidance on DE stating a rating of "Hold" and setting a price target of $119.00.

What is Wall Street saying about Deere & Company Inc (DE) these days? The Firm is engaged in providing financial services. The Company operates through three business segments: agriculture and turf, construction and forestry, and financial services.

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