Erratic Trading Showing Unusual Volume in Shares of Deere & Company (NYSE:DE)

Nov 24, 2017, 01:00
Erratic Trading Showing Unusual Volume in Shares of Deere & Company (NYSE:DE)

Following the sale, the insider now owns 51,429 shares in the company, valued at $6,533,540.16. Also, insider Cory J. Reed sold 1,829 shares of the company's stock in a transaction on Wednesday, February 22nd. Operating profit was $85 million for the quarter and $337 million for the year, which compared with an operating loss of $17 million and operating profit of $180 million for the same periods, respectively, in 2016.

Several large investors have recently bought and sold shares of DE. Deere &'s dividend payout ratio (DPR) is now 40.20%.

The firm has a market capitalization of $44,734.17, a P/E ratio of 23.32, a price-to-earnings-growth ratio of 2.47 and a beta of 0.73.

COPYRIGHT VIOLATION NOTICE: This report was first posted by Week Herald and is the property of of Week Herald. Goldman Sachs upgraded the shares of DE in report on Monday, July 27 to "Neutral" rating. Skandinaviska Enskilda Banken AB publ now owns 48,544 shares of the industrial products company's stock worth $4,143,000 after buying an additional 2,200 shares during the last quarter. The shares were sold on November 2nd for an average price of $134.89. Currently Deere & Company (NYSE:DE)'s shares owned by insiders are 0.10%, whereas shares owned by institutional owners are 80.10%. Skandinaviska Enskilda Banken AB publ raised its position in Deere & Company by 4.7% in the third quarter.

When it comes to earning per share the company is at -16.60% for the year with a projected 23.71% earning per share for the next year. $116.71's average target is -19.34% below currents $144.7 stock price.

The dividend yield for the company is hovering around 1.65% while the pay out ratio is now at 41.70%. Guardian Life Insurance Co. of America now owns 1,132 shares of the industrial products company's stock valued at $123,000 after buying an additional 16 shares during the last quarter. Deutsche Bank AG raised their target price on Deere & from $129.00 to $149.00 and gave the company a "hold" rating in a research report on Thursday, November 16th. 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. If you are viewing this piece on another website, it was stolen and reposted in violation of United States and global copyright legislation. Three investment analysts have rated the stock with a sell rating, eleven have given a hold rating and twelve have assigned a buy rating to the company. RBC Capital Markets maintained Deere & Company (NYSE:DE) on Friday, March 24 with "Hold" rating. 386,489 are held by Federated Invsts Pa. Ramsay Stattman Vela Price holds 0.28% of its portfolio in Deere & Company (NYSE:DE) for 5,261 shares. Pres.Ag^TurfDiv.Eur., Asia, Afr. Pentz Markwart Von sold 24,143 shares at an average price of $135.33 on Monday the 6th. The original version of this news story can be viewed at

President, WW C&F, Lbr Rltns Max A. Guinn disclosed the sale of 8,551 shares.

Deere & Company is engaged in equipment operations. Over the last three months, insiders sold 34,302 shares of company stock valued at $3,753,704.

A lot of insight can be gained about how a company is performing financially by looking at its insiders' buying and selling activity.

Want to see what other hedge funds are holding DE?

Deere and Company is recovering from three years of a global farm recession and weak construction markets.