According to the most recent SEC filing that the Company submitted, Pacific Global Investment Management Co. successfully completed the acquisition of Deere & Company (NYSE: DE) during the third quarter of this year. Following the acquisition of a further 1,473 shares of Industrial Products Company stock during the period in question, the total number of shares of that Company’s stock that the fund owned came to 15,356. Deere & Company is currently the 22nd-ranked holding in the portfolio managed by Pacific Global Investment Management Co., representing approximately 1.2% of the entire holdings. The most recent disclosure that Pacific Global Investment Management Co. made with the SEC indicated that the value of the Company’s holdings in Deere & Company was $5,127,000. The Company provided this information.
During the most recent period, several institutional investors, including hedge funds and various other investment funds, modified how they were holding onto the stock. The value of RB Capital Management LLC’s holdings at Deere & Company rose by 5.2% over the year’s first three months. After making an additional investment, RB Capital Management LLC has accumulated 1,637 shares of the industrial products company’s stock, currently valued at $680,000. This value was determined after the Company made an additional investment. Bornite Capital Management LP made a new investment in Deere & Company worth $14,541,000 during the first three months of 2018. Retirement Income Solutions, Inc. shelled out approximately $229,000 over the year’s first three months to purchase additional shares of stock in Deere & Company. Sequoia Financial Advisors LLC increased its ownership of Deere & Company by 27.1% during the first three months of 2018 by purchasing additional shares to add to its existing holdings. Sequoia Financial Advisors LLC has increased the number of shares it owns in the industrial products company by 521, bringing the total number of shares it owns to 2,442; these shares are currently $1,014,000. During the first three months of 2018, Baird Financial Group Inc. increased the amount of Deere & Company stock that is owned by 32.4%. After making an additional purchase of 27,985 shares during the most recent quarter, Baird Financial Group Inc. now has a total of 114,322 shares of the stock held by the industrial products company in its portfolio. These 114,322 shares have a value equivalent to $47,496,000 as a whole. Institutional investors own a total of 75.72 percent of the Company’s shares.
Various research analysts from various companies have made recent statements regarding the stock. In a report released on December 1st, Citigroup increased their target price on Deere & Company shares from $425.00 to $505.00 and assigned the stock a “buy” rating. Argus increased their price target on shares of Deere & Company from $420.00 to $475.00 and gave the stock a “buy” rating in a research report published on November 25th. JPMorgan Chase & Co. raised their price target on shares of Deere & Company from $415.00 to $440.00 and assigned the Company a “neutral” rating for the stock in a research report published on Friday, November 25th. The report was about the Company’s stock. UBS Group gave the Company a “neutral” rating in a research report that was made public on November 25th, and they increased their price objective for Deere & Company from $374.00 to $452.00. The report was published on Friday. In addition, the price that was projected to be reached was raised from $374.00 to $452.00. The “underperform” rating that Credit Suisse Group had assigned to Deere & Company was changed to an “outperform” rating in a research report published on November 25th. This was the final upgrade that was going to be talked about. Seven research analysts have suggested that shareholders keep their current positions, while thirteen have rated the stock as a buy. The Company is currently rated as a “Moderate Buy” by the consensus, and the consensus target price is $459.05, as indicated by information from Bloomberg.com.
Ryan D. Campbell, an employee of Deere & Company, sold 11,429 shares of the Company’s stock on December 1st. This is just one piece of Deere & Company-related news that has come to light recently. The shares were sold for a total amount corresponding to an average price of $439.69 per share, totaling $5,025,217.01 dollars. Following the completion of the transaction, the insider now holds 13,147 shares of the Company. The total value of these shares is 5,780,604.43 dollars. If you follow this link, you will be taken to the filing submitted to the Securities and Exchange Commission, where the transaction was discussed, and it will take you there immediately. Ryan D. Campbell, an employee of Deere & Company, sold 11,429 shares of the Company’s stock on December 1st. This is just one piece of Deere & Company-related news that has come to light recently. After initially being purchased for an average price of $439.69 per share, the shares were sold for a total value of 5,025,217.01 dollars. Because of the transaction, the insider now directly owns 13,147 company shares, and the total value of those shares is $5,780,604.43. Because of the filing with the SEC, information regarding the transaction is now available to the general public. On the website of the SEC, you can locate this particular file. In addition, on November 29, Chairman of Deere & Company Marc A. Howze sold 10,910 shares of the Company’s stock. An average price of $442.79 per share was realized as a result of the sale of the stock, which brought in a total of $4,830,838.90. Af