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Greenlight Capital Decreased Its Position in Freds (FRED) by $594,582 as Stock Price Declined; As Deere & Co (DE) Stock Price Rose, Acropolis Investment Management Has Upped Holding

Acropolis Investment Management Llc increased its stake in Deere & Co (DE) by 115.14% based on its latest 2017Q3 regulatory filing with the SEC. Acropolis Investment Management Llc bought 22,665 shares as the company’s stock rose 9.64% with the market. The institutional investor held 42,350 shares of the industrial machinery and components company at the end of 2017Q3, valued at $2.07M, up from 19,685 at the end of the previous reported quarter. Acropolis Investment Management Llc who had been investing in Deere & Co for a number of months, seems to be bullish on the $54.77B market cap company. The stock increased 1.58% or $2.63 during the last trading session, reaching $169.44. About 6.63 million shares traded or 173.14% up from the average. Deere & Company (NYSE:DE) has risen 46.99% since February 20, 2017 and is uptrending. It has outperformed by 30.29% the S&P500.

David Einhorn decreased its stake in Freds Inc (FRED) by 6.61% based on its latest 2017Q3 regulatory filing with the SEC. Greenlight Capital Inc sold 99,097 shares as the company’s stock declined 23.59% while stock markets rallied. The hedge fund run by David Einhorn held 1.40M shares of the consumer services company at the end of 2017Q3, valued at $9.02 million, down from 1.50M at the end of the previous reported quarter. Greenlight Capital Inc who had been investing in Freds Inc for a number of months, seems to be less bullish one the $121.57M market cap company. The stock increased 3.58% or $0.11 during the last trading session, reaching $3.18. About 535,461 shares traded. Fred's, Inc. (NASDAQ:FRED) has risen 3.21% since February 20, 2017 and is uptrending. It has underperformed by 13.49% the S&P500.

Among 29 analysts covering Deere & Company (NYSE:DE), 13 have Buy rating, 3 Sell and 13 Hold. Therefore 45% are positive. Deere & Company had 119 analyst reports since July 27, 2015 according to SRatingsIntel. The stock has “Overweight” rating by Barclays Capital on Wednesday, January 24. The stock of Deere & Company (NYSE:DE) has “Market Perform” rating given on Thursday, June 1 by William Blair. The firm has “Hold” rating given on Friday, February 16 by Jefferies. Robert W. Baird upgraded the stock to “Buy” rating in Tuesday, November 21 report. The firm has “Neutral” rating given on Monday, August 24 by Piper Jaffray. On Thursday, October 15 the stock rating was initiated by Avondale with “Market Outperform”. The firm has “Sell” rating by Barclays Capital given on Wednesday, April 19. S&P Research maintained Deere & Company (NYSE:DE) on Monday, August 24 with “Sell” rating. The firm has “Buy” rating by BMO Capital Markets given on Tuesday, January 23. The firm has “Hold” rating given on Monday, August 21 by RBC Capital Markets.

Since August 22, 2017, it had 0 buys, and 9 insider sales for $20.31 million activity. Field James M. had sold 22,095 shares worth $3.76 million. On Tuesday, January 16 Guinn Max A sold $1.90M worth of Deere & Company (NYSE:DE) or 11,235 shares. Jones Mary K.W. sold 10,220 shares worth $1.69 million. 6,416 shares were sold by Reed Cory J, worth $972,253 on Monday, December 11. May John C II sold $3.15M worth of stock.

Investors sentiment decreased to 0.93 in Q3 2017. Its down 0.07, from 1 in 2017Q2. It worsened, as 64 investors sold DE shares while 312 reduced holdings. 69 funds opened positions while 281 raised stakes. 213.38 million shares or 1.82% more from 209.56 million shares in 2017Q2 were reported. Alecta Pensionsforsakring Omsesidigt stated it has 815,000 shares or 0.88% of all its holdings. Castleark Mngmt Ltd Liability Co, a Illinois-based fund reported 148,709 shares. First Bank Of Newtown has invested 0.09% in Deere & Company (NYSE:DE). Lpl Limited Liability Corporation has invested 0.02% in Deere & Company (NYSE:DE). Kepos Capital Lp holds 0.2% in Deere & Company (NYSE:DE) or 9,453 shares. Great Lakes Advsrs stated it has 0.01% in Deere & Company (NYSE:DE). Ipg Investment Advsr Lc stated it has 0.07% of its portfolio in Deere & Company (NYSE:DE). 8,490 are held by Carl Domino Inc. Thompson Rubinstein Invest Mgmt Inc Or stated it has 2.3% in Deere & Company (NYSE:DE). Fuller & Thaler Asset Management Incorporated invested in 0.01% or 4,300 shares. Security Natl Trust has invested 0.08% in Deere & Company (NYSE:DE). Lombard Odier Asset Mgmt (Europe) Limited holds 0.03% in Deere & Company (NYSE:DE) or 3,510 shares. Wolverine Asset, a Illinois-based fund reported 26,141 shares. Gamble Jones Inv Counsel owns 31,697 shares. Commonwealth Bancorp Of Australia invested 0.07% of its portfolio in Deere & Company (NYSE:DE).

Acropolis Investment Management Llc, which manages about $912.87 million and $611.34 million US Long portfolio, decreased its stake in Ishares Tr (SCZ) by 6,441 shares to 4,794 shares, valued at $717,000 in 2017Q3, according to the filing. It also reduced its holding in Capital One Finl Corp (NYSE:COF) by 12,135 shares in the quarter, leaving it with 8,942 shares, and cut its stake in Bristol Myers Squibb Co (NYSE:BMY).

Since December 13, 2017, it had 1 buy, and 0 selling transactions for $334,900 activity.

Among 6 analysts covering Fred’s (NASDAQ:FRED), 1 have Buy rating, 1 Sell and 4 Hold. Therefore 17% are positive. Fred’s had 16 analyst reports since August 7, 2015 according to SRatingsIntel. Deutsche Bank maintained the shares of FRED in report on Tuesday, May 31 with “Hold” rating. The firm has “Neutral” rating given on Monday, August 31 by M Partners. M Partners maintained the stock with “Neutral” rating in Wednesday, November 25 report. The stock of Fred's, Inc. (NASDAQ:FRED) has “Buy” rating given on Tuesday, February 7 by Sidoti. SunTrust maintained it with “Hold” rating and $7.0 target in Monday, October 16 report. The stock has “Equal Weight” rating by Stephens on Monday, August 10. The firm has “Underperform” rating given on Wednesday, August 31 by Stephens. The company was maintained on Wednesday, August 31 by Deutsche Bank. The rating was downgraded by Sidoti on Tuesday, December 20 to “Neutral”. Deutsche Bank maintained Fred's, Inc. (NASDAQ:FRED) rating on Wednesday, November 2. Deutsche Bank has “Hold” rating and $9 target.

Investors sentiment increased to 1.56 in 2017 Q3. Its up 0.60, from 0.96 in 2017Q2. It is positive, as 12 investors sold FRED shares while 29 reduced holdings. 31 funds opened positions while 33 raised stakes. 34.64 million shares or 7.29% less from 37.37 million shares in 2017Q2 were reported. Rhumbline Advisers reported 0% stake. Moreover, California State Teachers Retirement System has 0% invested in Fred's, Inc. (NASDAQ:FRED) for 56,991 shares. State Of Wisconsin Invest Board holds 0.01% or 546,700 shares. Commonwealth Of Pennsylvania Public School Empls Retrmt Systems holds 1.20M shares. Alliancebernstein LP reported 30,215 shares. Advisory Service Networks Ltd Liability Corp owns 779 shares for 0% of their portfolio. Metropolitan Life Insurance Ny has invested 0% in Fred's, Inc. (NASDAQ:FRED). Aqr Cap Llc has invested 0% in Fred's, Inc. (NASDAQ:FRED). Weiss Multi reported 50,000 shares. Arizona State Retirement Systems accumulated 18,575 shares. California Public Employees Retirement Systems stated it has 260,544 shares or 0% of all its holdings. 103,362 are held by Invesco. Kessler Invest Limited Liability owns 0.12% invested in Fred's, Inc. (NASDAQ:FRED) for 14,881 shares. Employees Retirement Association Of Colorado invested 0% of its portfolio in Fred's, Inc. (NASDAQ:FRED). Clinton Grp Inc Inc reported 27,183 shares.

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