Deere & Company (NYSE:DE) Recent Ownership Changes

They set a "buy" rating and a $126.00 target price for the company. Deere & Company's dividend payout ratio is 49.90%. It is positive, as 42 investors sold Deere & Company shares while 337 reduced holdings. Stifel Nicolaus assumed coverage on shares of Deere & Company in a research report on Monday, April 10th. Credit Suisse maintained Deere & Company (NYSE:DE) on Monday, August 22 with "Outperform" rating. Deutsche Bank maintained the stock with "Buy" rating in Tuesday, August 25 report. Berenberg analysts stated on 24/01/2017 that they launched coverage on this stock with Sell rating. Four research analysts have rated the stock with a sell rating, ten have assigned a hold rating and thirteen have given a buy rating to the company's stock. The stock of Deere & Company (NYSE:DE) has "Neutral" rating given on Monday, July 27 by Goldman Sachs.

Deere & Company (DE) shares saw a recent bid of $120.90 and 11.09M shares have exchanged hands in the recent trading session, yielding a 6.89% gain over the past week.

Juniper Networks, Inc. (NYSE:JNPR)'s shares on Friday traded in the range of 29.50 - 29.94 and ended up on $29.53. Deere & Company has a one year low of $76.73 and a one year high of $122.50. Moreover, the company has provided a robust financial outlook for this year, boosting investors' sentiments in DE stock price potential.

Deere & Company (NYSE:DE) last posted its quarterly earnings data on Friday, May 19th.

For the first quarter, the world's largest farm-equipment manufacturer earned a profit of $802.4 million, or $2.49 a share, compared to earnings of $495.4 million, or $1.56 cents, a year earlier. Mining companies have started investing in growth projects after substantial capex cuts in the last couple of years, while agricultural and energy markets also indicate improving capital investments. Company net profit margin stands at 20.20% whereas its Gross Margin is 63.50%. Compiling all of the recommendations for the firm, Deere & Company (NYSE:DE) current has a mean recommendation of 2.77. The stock notched a 12-month high of $113.78 while $133.00 target is by far the most aggressive out of analysts who are now evaluating the company, $19.22 higher than the next highest 52-week price estimate.

The business also recently declared a quarterly dividend, which was paid on Monday, May 1st.

Cisco Systems, Inc. (NASDAQ:CSCO) shares moved to $31.21 after starting the day at $31.74 on Friday. The consensus recommendation by Thomson Reuters Analysts is Outperform for JKS and their mean rating for the stock is 2.50 on scale of 1-5. The ex-dividend date of this dividend was Wednesday, March 29th. Oppenheimer Company has invested 0.12% in Deere & Company (NYSE:DE).

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Deere & Company (DE) belongs to the "Industrial Goods" sector with an industry focus on "Farm & Construction Machinery", with Mr. Samuel R. Allen as Chairman and Chief Exec. Officer. The shares were sold at an average price of $109.40, for a total transaction of $3,151,595.20. The Lower end of the earnings estimate is $1.27, while the higher end of the earnings estimate is $2.02. The shares were sold at an average price of $119.59, for a total value of $698,405.60. Reed Cory J sold $198,959 worth of stock. The disclosure for this sale can be found here. Stock monthly performance is recorded as 10.52% while its performance in last one week is 6.36%.

The author does not own Deere & Co. stock.

Several institutional investors have recently bought and sold shares of DE. The Company has 52-week high of $114.96 and 52-week low of $75.26. Guardian Life Insurance Co. of America boosted its stake in shares of Deere & Company by 1.4% in the first quarter. Punch & Associates Investment Management Inc. now owns 34,165 shares of the industrial products company's stock worth $2,916,000 after buying an additional 583 shares during the last quarter. Nadler Financial Group Inc. boosted its stake in shares of Deere & Company by 0.4% in the first quarter. State Street Corp now owns 12,267,999 shares of the industrial products company's stock worth $1,335,500,000 after buying an additional 45,695 shares in the last quarter. Kistler Tiffany Companies LLC now owns 2,023 shares of the industrial products company's stock worth $220,000 after buying an additional 8 shares during the last quarter. RMB Capital Management LLC now owns 3,329 shares of the industrial products company's stock worth $362,000 after buying an additional 19 shares during the last quarter.

The stock of Deere & Company (NYSE:DE) registered a decrease of 12.14% in short interest.

BofA/Merrill raised its rating on Deere & Company to Buy on 01/12/2016 in a reversal from its prior Neutral rating.