Security National Trust Co. continued to hold its position in Deere & Company (NYSE:DE) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,015 shares of the industrial products company’s stock at the end of the second quarter. Security National Trust Co.’s holdings in Deere & were worth $249,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in DE. Guardian Life Insurance Co. of America lifted its position in shares of Deere & by 1.4% during the first quarter. Guardian Life Insurance Co. of America now owns 1,132 shares of the industrial products company’s stock valued at $123,000 after purchasing an additional 16 shares in the last quarter. Arrow Financial Corp lifted its position in shares of Deere & by 5.2% during the second quarter. Arrow Financial Corp now owns 1,010 shares of the industrial products company’s stock valued at $125,000 after purchasing an additional 50 shares in the last quarter. MCF Advisors LLC lifted its position in shares of Deere & by 26.2% during the first quarter. MCF Advisors LLC now owns 1,160 shares of the industrial products company’s stock valued at $126,000 after purchasing an additional 241 shares in the last quarter. Endurance Wealth Management Inc. lifted its position in shares of Deere & by 2.2% during the first quarter. Endurance Wealth Management Inc. now owns 1,404 shares of the industrial products company’s stock valued at $153,000 after purchasing an additional 30 shares in the last quarter. Finally, Reilly Financial Advisors LLC lifted its position in shares of Deere & by 18.5% during the second quarter. Reilly Financial Advisors LLC now owns 1,284 shares of the industrial products company’s stock valued at $159,000 after purchasing an additional 200 shares in the last quarter. 67.21% of the stock is currently owned by institutional investors.

In other Deere & news, insider Pentz Markwart Von sold 46,457 shares of the firm’s stock in a transaction that occurred on Tuesday, August 22nd. The shares were sold at an average price of $116.74, for a total transaction of $5,423,390.18. Following the sale, the insider now owns 47,165 shares in the company, valued at approximately $5,506,042.10. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Max A. Guinn sold 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 8th. The stock was sold at an average price of $130.89, for a total transaction of $654,450.00. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 76,769 shares of company stock worth $9,357,212. 0.85% of the stock is owned by company insiders.

A number of research analysts recently weighed in on DE shares. TheStreet raised shares of Deere & from a “c+” rating to an “a-” rating in a research report on Friday, May 19th. Citigroup Inc. raised their price target on shares of Deere & from $125.00 to $145.00 and gave the company a “buy” rating in a research report on Tuesday, May 23rd. Stifel Nicolaus raised their price target on shares of Deere & from $126.00 to $135.00 and gave the company a “buy” rating in a research report on Monday, May 22nd. Credit Suisse Group set a $132.00 price target on shares of Deere & and gave the company a “buy” rating in a research report on Saturday, May 20th. Finally, Bank of America Corporation raised their price target on shares of Deere & from $130.00 to $145.00 and gave the company a “buy” rating in a research report on Wednesday, May 24th. Three equities research analysts have rated the stock with a sell rating, sixteen have given a hold rating and ten have given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $127.58.

Deere & Company (NYSE DE) opened at 117.30 on Friday. The stock has a market cap of $37.63 billion, a PE ratio of 19.48 and a beta of 0.70. Deere & Company has a 52 week low of $80.35 and a 52 week high of $132.50. The company’s 50-day moving average is $123.14 and its 200 day moving average is $117.98.

Deere & (NYSE:DE) last released its earnings results on Friday, August 18th. The industrial products company reported $1.97 EPS for the quarter, topping analysts’ consensus estimates of $1.93 by $0.04. Deere & had a net margin of 6.81% and a return on equity of 25.96%. The company had revenue of $6.83 billion for the quarter, compared to analysts’ expectations of $6.92 billion. During the same quarter last year, the business earned $1.55 EPS. The firm’s revenue was up 16.6% compared to the same quarter last year. On average, analysts expect that Deere & Company will post $6.52 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 1st. Shareholders of record on Friday, September 29th will be paid a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 2.05%. The ex-dividend date is Thursday, September 28th. Deere &’s payout ratio is 40.20%.

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Deere & Company Profile

Deere & Company is engaged in equipment operations. The Company is engaged in providing financial services. The Company operates through three business segments: agriculture and turf, construction and forestry, and financial services. The agriculture and turf segment manufactures and distributes a line of agriculture and turf equipment and related service parts.

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Institutional Ownership by Quarter for Deere & (NYSE:DE)

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