Shares of Deere & Company (DE) Sees Large Inflow of Net Money Flow

Deere & Company (DE) dropped -0.07% or -0.08 points to trade at $106.97 per share. As per the latest trading data available, the net money flow stood at $11.58 million as the shares received $24.14 million in upticks and gave away $12.56 million in downticks. The final up/down ratio was at 1.92. On a weekly basis, the stock has seen a change of -0.94%.During the course of the session, the shares witnessed a block trade with an up/down ratio of 0. $10.94 million was the inflow in upticks and $0 million was the outflow in downticks. For the block trade, the net money flow was $10.94 million.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

Deere & Company has dropped 0.84% in the last five trading days, however, the shares have posted positive gains of 3.99% in the last 4 weeks. Deere & Company is up 22.05% in the last 3-month period. Year-to-Date the stock performance stands at 3.99%. Deere & Company (NYSE:DE) rose 0.09% or 0.1 points on Wednesday and made its way into the gainers of the day. After trading began at $107.3 the stock was seen hitting $107.855 as a peak level and $106.65 as the lowest level. The stock ended up at $107.15. The daily volume was measured at 1,375,056 shares. The 52-week high of the share price is $108.47 and the 52-week low is $72.86. The company has a market cap of $34,133 million.

Company has reported several Insider transactions to the SEC, on Dec 6, 2016, Marc A Howze (Sr VP & Chief Admin Officer) sold 4,960 shares at 145.21 per share price.On Dec 1, 2016, James M. Field (Pre. Ag. & Turf Division) sold 49,964 shares at 101.67 per share price.On Dec 1, 2016, Cory J Reed (Pres., John Deere Financial) sold 3,243 shares at 145.43 per share price.

Deere & Company Last issued its quarterly earnings results on Nov 23, 2016. The company reported $0.90 EPS for the quarter, beating the analyst consensus estimate by $ 0.51. Analyst had a consensus of $0.39. The company had revenue of $5650.00 million for the quarter, compared to analysts expectations of $5363.20 million. The companys revenue was down -4.8 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.08 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Deere & Company was Initiated by Berenberg on Jan 24, 2017 to Sell, Price Target of the shares are set at $90.Deere & Company was Upgraded by BofA/Merrill to Buy on Dec 1, 2016. Deere & Company was Upgraded by Piper Jaffray to Neutral on Nov 28, 2016. Deere & Company was Upgraded by Longbow to Neutral on Nov 25, 2016. Company shares were Reiterated by RBC Capital Mkts on Nov 25, 2016 to Sector Perform, Raises Price Target to $ 98 from a previous price target of $80 .

Deere & Company is the one worlds foremost producers of agricultural equipment as well as a leading manufacturer of construction, forestry, and commercial and consumer equipment. The company, in addition, provides credit, special technology, and managed health-care products and services. (Company Press Release)

Deere

Share this post

Leave a Reply