BMO Upgraded Deere & Company (DE)

Deere & Company (DE) Upgraded to “Outperform” at BMO Capital Markets



Deere & Company (NYSE:DE) was upgraded by research analysts at BMO Capital Markets from a “market perform” rating to an “outperform” rating in a research note issued to investors on Tuesday, The Fly reports.
A number of hedge funds and institutional investors have added to or reduced their stakes in the company. Berkshire Hathaway Inc. raised its position in Deere & Company by 34.2% in the fourth quarter. Berkshire Hathaway Inc. now owns 22,884,150 shares of the company’s stock worth $1,745,375,000 after buying an additional 5,832,040 shares during the period. Norges Bank acquired a new position in Deere & Company during the fourth quarter worth $282,171,000. Alecta Pensionsforsakring Omsesidigt acquired a new position in Deere & Company during the first quarter worth $160,139,000. Generation Investment Management LLP raised its position in Deere & Company by 31.4% in the fourth quarter. Generation Investment Management LLP now owns 6,101,813 shares of the company’s stock worth $465,385,000 after buying an additional 1,457,917 shares during the period. Finally, Capital World Investors raised its position in Deere & Company by 17.4% in the fourth quarter. Capital World Investors now owns 9,705,000 shares of the company’s stock worth $740,200,000 after buying an additional 1,435,000 shares during the period.



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