Deere & Company (DE) filed 8-K on Fri, Aug 16

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Deere & Company (DE) filed 8-K with SEC. Read (DE)’s full filing at 000155837019008226.

Item 9.01 Financial Statements and Exhibits.

The attached schedules of Other Financial Information (Exhibit 99.2) and Third Quarter 2019 Earnings Conference Call Information (Exhibit 99.3) are furnished under Form 8‑K Items 2.02 and 7.01. The information is not filed for purposes of the Securities Exchange Act of 1934 and is not deemed incorporated by reference by any general statements incorporating by reference this report or future filings into any filings under the Securities Act of 1933 or the Securities Exchange Act of 1934, except to the extent Deere & Company specifically incorporates the information by reference.

The stock increased 0.38% or $0.54 during the last trading session, reaching $143.71. About 2.37 million shares traded or 7.73% up from the average. Deere & Company (NYSE:DE) has risen 19.86% since August 16, 2018 and is uptrending. It has outperformed by 19.86% the S&P500.

Deere & Company manufactures and distributes various equipment worldwide. The company has market cap of $45.56 billion. The firm operates through three divisions: Agriculture and Turf, Construction and Forestry, and Financial Services. It has a 13.99 P/E ratio. The Agriculture and Turf segment offers agriculture and turf equipment, and related parts, including large, medium, and utility tractors; tractor loaders; combines, cotton pickers, cotton strippers, and sugarcane harvesters; harvesting front-end equipment; sugarcane loaders and pull-behind scrapers; and tillage, seeding, and application equipment.

Investors sentiment decreased to 0.93 in 2019 Q1. Its down 0.08, from 1.01 in 2018Q4. It dropped, as 53 investors sold Deere & Company shares while 328 reduced holdings. 99 funds opened positions while 257 raised stakes. 210.20 million shares or 0.61% less from 211.50 million shares in 2018Q4 were reported.
Td Capital Ltd Com reported 15 shares or 0% of all its holdings. Northern Trust Corp owns 3.89 million shares. Thrivent For Lutherans accumulated 16,332 shares. Massachusetts-based Baldwin Brothers Ma has invested 0.01% in Deere & Company (NYSE:DE). Connecticut-based Conning Inc has invested 0.09% in Deere & Company (NYSE:DE). Cahill Advsrs reported 1,584 shares. Shelton Cap Mngmt owns 674 shares. Farmers And Merchants Investments stated it has 2,511 shares. Cadence National Bank Na reported 2,533 shares or 0.16% of all its holdings. Strs Ohio accumulated 0.11% or 152,158 shares. Sei Invests Com owns 92,567 shares. James Invest invested in 0.12% or 11,673 shares. Decatur Cap reported 1.44% stake. Bnp Paribas Asset Mgmt Holding Sa has 75,415 shares. Jfs Wealth Advisors Ltd Company, Pennsylvania-based fund reported 2,000 shares.

Deere & Company (NYSE:DE) Ratings Coverage

Among 13 analysts covering Deere (NYSE:DE), 9 have Buy rating, 1 Sell and 3 Hold. Therefore 69% are positive. Deere has $209 highest and $13200 lowest target. $171.62’s average target is 19.42% above currents $143.71 stock price. Deere had 23 analyst reports since February 19, 2019 according to SRatingsIntel. UBS downgraded it to “Neutral” rating and $16700 target in Wednesday, July 10 report. Morgan Stanley maintained Deere & Company (NYSE:DE) on Friday, June 21 with “Overweight” rating. Robert W. Baird upgraded Deere & Company (NYSE:DE) on Monday, June 17 to “Outperform” rating. The company was maintained on Monday, July 1 by Wells Fargo. On Monday, May 20 the stock rating was maintained by Deutsche Bank with “Hold”. Credit Suisse maintained the shares of DE in report on Tuesday, February 19 with “Outperform” rating. The firm earned “Buy” rating on Thursday, May 16 by Citigroup. Morgan Stanley maintained Deere & Company (NYSE:DE) on Monday, May 20 with “Overweight” rating. Barclays Capital maintained the stock with “Overweight” rating in Monday, May 20 report. The firm has “Buy” rating by Stifel Nicolaus given on Monday, May 20.

More notable recent Deere & Company (NYSE:DE) news were published by: Seekingalpha.com which released: “Deere Q3 2019 Earnings Preview – Seeking Alpha” on August 15, 2019, also Seekingalpha.com with their article: “Deere PT lowered at Deutsche Bank – Seeking Alpha” published on August 14, 2019, Benzinga.com published: “7 Stocks To Watch For August 16, 2019 – Benzinga” on August 16, 2019. More interesting news about Deere & Company (NYSE:DE) were released by: Seekingalpha.com and their article: “Pioneer Energy de-listed by NYSE, to start trading on OTCQX – Seeking Alpha” published on August 14, 2019 as well as Benzinga.com‘s news article titled: “How An Agribusiness ETF Is Dealing With The Trade War – Benzinga” with publication date: August 09, 2019.

Deere & Company (NYSE:DE) Institutional Positions Chart

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