Deere & Co (DE) Shareholder Panagora Asset Management Lifted Stake by $1.46 Million; As Chemical Finl (CHFC) Market Valuation Rose, Westwood Holdings Group Boosted Its Holding

June 24, 2018 - By Vivian Currie

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Westwood Holdings Group Inc increased its stake in Chemical Finl Corp (CHFC) by 3.19% based on its latest 2018Q1 regulatory filing with the SEC. Westwood Holdings Group Inc bought 42,651 shares as the company’s stock rose 0.51% while stock markets declined. The institutional investor held 1.38M shares of the major banks company at the end of 2018Q1, valued at $75.54 million, up from 1.34M at the end of the previous reported quarter. Westwood Holdings Group Inc who had been investing in Chemical Finl Corp for a number of months, seems to be bullish on the $4.15 billion market cap company. The stock decreased 1.29% or $0.76 during the last trading session, reaching $58.1. About 199,103 shares traded. Chemical Financial Corporation (NASDAQ:CHFC) has risen 22.39% since June 24, 2017 and is uptrending. It has outperformed by 9.82% the S&P500.

Panagora Asset Management Inc increased its stake in Deere & Co (DE) by 79.91% based on its latest 2018Q1 regulatory filing with the SEC. Panagora Asset Management Inc bought 9,438 shares as the company’s stock declined 5.05% with the market. The institutional investor held 21,249 shares of the industrial machinery and components company at the end of 2018Q1, valued at $3.30 million, up from 11,811 at the end of the previous reported quarter. Panagora Asset Management Inc who had been investing in Deere & Co for a number of months, seems to be bullish on the $46.43 billion market cap company. The stock increased 0.82% or $1.16 during the last trading session, reaching $143.17. About 2.36 million shares traded. Deere & Company (NYSE:DE) has risen 29.87% since June 24, 2017 and is uptrending. It has outperformed by 17.30% the S&P500. Some Historical DE News: 18/05/2018 – DEERE 2Q ADJ. EPS $3.14, EST. $3.31; BOOSTS YEAR ADJ. NET VIEW; 30/05/2018 – Deere & Co Raises Dividend to 69c Vs. 60c; 19/04/2018 – EPA: EPA Region 7 Recognizes City of Dubuque, Iowa, and John Deere Dubuque Works with Awards for Environmental Practices; 10/04/2018 – DEERE & CO SAYS MARCH 2018 RETAIL SALES FOR U.S. AND CANADA SELECTED TURF & UTILITY EQUIPMENT WERE UP SINGLE DIGIT; 18/05/2018 – DEERE SAYS WIRTGEN’S CURRENT ORDER BOOK “VERY STRONG”, WIRTGEN WILL CONTRIBUTE $100 MLN IN OPERATING PROFIT IN FISCAL YEAR 2018; 18/05/2018 – DEERE SAYS `GREAT STRIDES’ MADE IN LOWERING INVENTORIES; 23/04/2018 – DJ Deere & Company, Inst Holders, 1Q 2018 (DE); 21/03/2018 – DEERE & CO CEO SAYS WILL CUT COSTS TO OFFSET TARIFFS IMPACT; 18/05/2018 – DEERE & CO – DEERE’S WORLDWIDE SALES OF AGRICULTURE AND TURF EQUIPMENT ARE FORECAST TO INCREASE BY ABOUT 14 PERCENT FOR FISCAL-YEAR 2018; 03/05/2018 – DEERE & CO DE.N : BOFA MERRILL CUTS PRICE OBJECTIVE TO $159 FROM $172

Among 11 analysts covering Chemical Financial (NASDAQ:CHFC), 8 have Buy rating, 0 Sell and 3 Hold. Therefore 73% are positive. Chemical Financial had 22 analyst reports since January 27, 2016 according to SRatingsIntel. As per Thursday, October 26, the company rating was downgraded by Wood. The rating was maintained by Stephens with “Buy” on Wednesday, January 24. The firm earned “Buy” rating on Tuesday, August 8 by Keefe Bruyette & Woods. The stock has “Buy” rating by Sandler O’Neill on Thursday, January 28. The rating was upgraded by FIG Partners to “Outperform” on Friday, January 29. Keefe Bruyette & Woods upgraded it to “Outperform” rating and $39 target in Wednesday, January 27 report. The firm has “Buy” rating by Piper Jaffray given on Wednesday, January 24. As per Tuesday, July 25, the company rating was maintained by Stephens. The firm has “Buy” rating given on Friday, January 26 by Hilliard Lyons. Sandler O’Neill maintained Chemical Financial Corporation (NASDAQ:CHFC) on Wednesday, January 24 with “Buy” rating.

Investors sentiment decreased to 1.06 in Q1 2018. Its down 0.13, from 1.19 in 2017Q4. It worsened, as 19 investors sold CHFC shares while 66 reduced holdings. 17 funds opened positions while 73 raised stakes. 58.23 million shares or 4.43% more from 55.76 million shares in 2017Q4 were reported. Tower Research Capital Limited Co (Trc) stated it has 0.01% in Chemical Financial Corporation (NASDAQ:CHFC). Fifth Third Retail Bank has invested 0% in Chemical Financial Corporation (NASDAQ:CHFC). Sterling Capital has invested 0.26% in Chemical Financial Corporation (NASDAQ:CHFC). Northern Trust has 0.03% invested in Chemical Financial Corporation (NASDAQ:CHFC). Principal invested in 0.02% or 309,617 shares. Nordea Investment has 53,554 shares. Prelude Cap Lc holds 3,425 shares. Bbva Compass Bancorp Inc accumulated 10,540 shares. Profund Limited Liability Co owns 12,052 shares or 0.03% of their US portfolio. Stifel Fin Corporation accumulated 6,360 shares. Parallax Volatility Advisers Limited Partnership holds 51 shares. Retirement Of Alabama owns 92,213 shares. Raymond James Services Advsrs has 53,685 shares for 0.02% of their portfolio. Captrust Fincl Advisors reported 887 shares or 0% of all its holdings. Monarch Prtn Asset Ltd Liability Corporation owns 216,690 shares.

Another recent and important Chemical Financial Corporation (NASDAQ:CHFC) news was published by Nasdaq.com which published an article titled: “Recent Analysis Shows Supernus Pharmaceuticals, R1 RCM, Golar LNG, Chemical Financial, Chipmos Technologies …” on June 05, 2018.

Since January 25, 2018, it had 1 buying transaction, and 6 sales for $4.13 million activity. Stauffer Larry D sold $101,130 worth of stock. Shares for $106,641 were sold by GWIZDALA LORI A. Rathbun Robert sold $294,300 worth of stock. Provost David T bought $196,319 worth of stock. $364,780 worth of Chemical Financial Corporation (NASDAQ:CHFC) shares were sold by Lievense Richard M..

Westwood Holdings Group Inc, which manages about $12.32B US Long portfolio, decreased its stake in Amdocs Ltd (NASDAQ:DOX) by 115,427 shares to 2.13 million shares, valued at $141.90 million in 2018Q1, according to the filing. It also reduced its holding in Columbia Sportswear Co (NASDAQ:COLM) by 7,417 shares in the quarter, leaving it with 482,830 shares, and cut its stake in Cigna Corporation (NYSE:CI).

More news for Deere & Company (NYSE:DE) were recently published by: Benzinga.com, which released: “Three Industries Already Using Self-Driving Vehicles” on June 06, 2018. Seekingalpha.com‘s article titled: “Companies race to add to pension plans to capitalize on tax break: WSJ” and published on June 21, 2018 is yet another important article.

Since January 9, 2018, it had 0 buys, and 7 insider sales for $62.79 million activity. ALLEN SAMUEL R also sold $44.13M worth of Deere & Company (NYSE:DE) shares. $1.69 million worth of Deere & Company (NYSE:DE) was sold by Jones Mary K.W. on Tuesday, January 9. Guinn Max A sold $1.90 million worth of stock. On Wednesday, February 21 Gilles Jean H sold $5.34 million worth of Deere & Company (NYSE:DE) or 32,183 shares.

Investors sentiment decreased to 0.87 in 2018 Q1. Its down 0.16, from 1.03 in 2017Q4. It is negative, as 62 investors sold DE shares while 364 reduced holdings. 89 funds opened positions while 283 raised stakes. 210.24 million shares or 0.17% more from 209.89 million shares in 2017Q4 were reported. Rafferty Asset Mngmt Limited has invested 0.01% in Deere & Company (NYSE:DE). Investors Asset Management Of Georgia Inc Ga Adv invested 0.38% of its portfolio in Deere & Company (NYSE:DE). Moreover, Nadler Fincl Inc has 0.12% invested in Deere & Company (NYSE:DE). Alliancebernstein Ltd Partnership invested in 572,549 shares or 0.06% of the stock. 200,000 are held by Nokota Mgmt Lp. Ameritas Investment Ptnrs Incorporated holds 0.15% or 19,474 shares in its portfolio. Appleton Inc Ma holds 0.09% or 3,653 shares in its portfolio. Autus Asset Mngmt Limited Liability Co has 0.06% invested in Deere & Company (NYSE:DE) for 2,249 shares. Douglass Winthrop Limited Liability Company reported 0.58% in Deere & Company (NYSE:DE). Great Lakes Advsr Ltd Liability Com stated it has 0.01% of its portfolio in Deere & Company (NYSE:DE). Lucas Capital Mgmt holds 1,626 shares. Vigilant Cap Ltd Liability Corp reported 0% of its portfolio in Deere & Company (NYSE:DE). Cibc Mkts Inc has invested 0.17% in Deere & Company (NYSE:DE). Blair William And Il has invested 0.03% of its portfolio in Deere & Company (NYSE:DE). Massachusetts Svcs Ma holds 0.01% of its portfolio in Deere & Company (NYSE:DE) for 103,382 shares.

Panagora Asset Management Inc, which manages about $37.15B and $25.35B US Long portfolio, decreased its stake in Syneos Health Inc by 415,904 shares to 146,862 shares, valued at $5.21M in 2018Q1, according to the filing. It also reduced its holding in Comcast Corp (NASDAQ:CMCSA) by 330,226 shares in the quarter, leaving it with 382,658 shares, and cut its stake in Valero Energy Corp (NYSE:VLO).

Among 30 analysts covering Deere & Company (NYSE:DE), 17 have Buy rating, 2 Sell and 11 Hold. Therefore 57% are positive. Deere & Company had 131 analyst reports since July 27, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Thursday, December 1 by Bank of America. RBC Capital Markets maintained Deere & Company (NYSE:DE) on Wednesday, November 22 with “Hold” rating. As per Tuesday, May 30, the company rating was maintained by Jefferies. On Tuesday, February 20 the stock rating was maintained by JP Morgan with “Neutral”. Credit Suisse maintained the stock with “Outperform” rating in Monday, August 24 report. The stock of Deere & Company (NYSE:DE) has “Buy” rating given on Friday, June 3 by Goldman Sachs. The rating was maintained by Robert W. Baird on Tuesday, October 10 with “Hold”. The company was maintained on Monday, August 21 by RBC Capital Markets. The firm has “Market Perform” rating by BMO Capital Markets given on Monday, August 24. The rating was upgraded by UBS to “Buy” on Tuesday, May 31.

Deere & Company (NYSE:DE) Institutional Positions Chart

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