Windward Capital Management Co Ca buys $451,786 stake in Deere & Company (DE)

Deere & Company (DE) : Windward Capital Management Co Ca scooped up 2,246 additional shares in Deere & Company during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 14, 2016. The investment management firm now holds a total of 5,229 shares of Deere & Company which is valued at $451,786.Deere & Company makes up approximately 0.09% of Windward Capital Management Co Ca’s portfolio.

Other Hedge Funds, Including , Fjarde Ap-fonden Fourth Swedish National Pension Fund boosted its stake in DE in the latest quarter, The investment management firm added 2,198 additional shares and now holds a total of 61,022 shares of Deere & Company which is valued at $5,272,301. Deere & Company makes up approx 0.12% of Fjarde Ap-fonden Fourth Swedish National Pension Fund’s portfolio.Capstone Asset Management Co boosted its stake in DE in the latest quarter, The investment management firm added 230 additional shares and now holds a total of 25,092 shares of Deere & Company which is valued at $2,184,259. Deere & Company makes up approx 0.06% of Capstone Asset Management Co’s portfolio.Oregon Public Employees Retirement Fund reduced its stake in DE by selling 49,104 shares or 61.43% in the most recent quarter. The Hedge Fund company now holds 30,833 shares of DE which is valued at $2,697,579. Deere & Company makes up approx 0.06% of Oregon Public Employees Retirement Fund’s portfolio.Hills Bank Trust Co boosted its stake in DE in the latest quarter, The investment management firm added 11 additional shares and now holds a total of 5,906 shares of Deere & Company which is valued at $516,716. Deere & Company makes up approx 0.19% of Hills Bank Trust Co’s portfolio.

Deere & Company opened for trading at $86.88 and hit $87.29 on the upside on Friday, eventually ending the session at $86.4, with a gain of 0.07% or 0.06 points. The heightened volatility saw the trading volume jump to 18,00,740 shares. Company has a market cap of $27,166 M.

On the company’s financial health, Deere & Company reported $1.55 EPS for the quarter, beating the analyst consensus estimate by $ 0.61 according to the earnings call on Aug 19, 2016. Analyst had a consensus of $0.94. The company had revenue of $5861.00 million for the quarter, compared to analysts expectations of $6026.59 million. The company’s revenue was down -14.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.53 EPS.

Many Wall Street Analysts have commented on Deere & Company. Deere & Company was Upgraded by Wells Fargo to ” Outperform” on Oct 10, 2016. Deutsche Bank Initiated Deere & Company on Sep 7, 2016 to “Hold”, Price Target of the shares are set at $90.Company shares were Reiterated by RBC Capital Mkts on Aug 22, 2016 to “Sector Perform”, Firm has raised the Price Target to $ 80 from a previous price target of $72 .

Deere & Company is engaged in equipment operations and financial services. The Company operates through three business segments: agriculture and turf construction and forestry and financial services. The Company’s agriculture and turf segment primarily manufactures and distributes a full line of agriculture and turf equipment and related service parts. The Company’s construction and forestry segment primarily manufactures and distributes a range of machines and service parts used in construction earthmoving material handling and timber harvesting. The Company’s financial services segment primarily provides credit services which include finance sales and leases by John Deere dealers of new and used agriculture and turf equipment and construction and forestry equipment.

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