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As Western Digital (WDC) Stock Price Rose, Shareholder Freshford Capital Management Trimmed Its Stake; Ameritas Investment Partners Has Cut Stake in Deere & Co (DE) as Stock Value Declined

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Michael Doheny decreased its stake in Western Digital Corp (WDC) by 25.44% based on its latest 2017Q4 regulatory filing with the SEC. Freshford Capital Management Llc sold 50,876 shares as the company’s stock rose 14.25% while stock markets declined. The hedge fund run by Michael Doheny held 149,124 shares of the electronic components company at the end of 2017Q4, valued at $11.86 million, down from 200,000 at the end of the previous reported quarter. Freshford Capital Management Llc who had been investing in Western Digital Corp for a number of months, seems to be less bullish one the $23.58B market cap company. The stock decreased 0.30% or $0.24 during the last trading session, reaching $78.8. About 3.03 million shares traded. Western Digital Corporation (NASDAQ:WDC) has risen 17.32% since May 13, 2017 and is uptrending. It has outperformed by 5.77% the S&P500.

Ameritas Investment Partners Inc decreased its stake in Deere & Co (DE) by 8.45% based on its latest 2017Q4 regulatory filing with the SEC. Ameritas Investment Partners Inc sold 2,067 shares as the company’s stock declined 3.41% with the market. The institutional investor held 22,384 shares of the industrial machinery and components company at the end of 2017Q4, valued at $3.85 million, down from 24,451 at the end of the previous reported quarter. Ameritas Investment Partners Inc who had been investing in Deere & Co for a number of months, seems to be less bullish one the $47.70B market cap company. The stock increased 0.48% or $0.71 during the last trading session, reaching $147.32. About 2.49 million shares traded. Deere & Company (NYSE:DE) has risen 41.99% since May 13, 2017 and is uptrending. It has outperformed by 30.44% the S&P500.

More recent Western Digital Corporation (NASDAQ:WDC) news were published by: Fool.com which released: “Western Digital Q3 Earnings: No Flash in the Pan” on May 04, 2018. Also Nasdaq.com published the news titled: “Why Seagate Technology Plc. Stock Crashed Today” on May 01, 2018. Fool.com‘s news article titled: “Why Shares of Western Digital Corporation Fell 14.6% in April” with publication date: May 11, 2018 was also an interesting one.

Since January 29, 2018, it had 0 insider purchases, and 12 sales for $24.43 million activity. 1,208 shares were sold by RAY MICHAEL CHARLES, worth $106,944 on Friday, February 23. $693,064 worth of Western Digital Corporation (NASDAQ:WDC) was sold by LONG MARK P. On Wednesday, March 7 MILLIGAN STEPHEN D sold $2.19 million worth of Western Digital Corporation (NASDAQ:WDC) or 23,155 shares.

Freshford Capital Management Llc, which manages about $1.21B and $542.40M US Long portfolio, upped its stake in Jack In The Box Inc (NASDAQ:JACK) by 19,856 shares to 181,333 shares, valued at $17.79 million in 2017Q4, according to the filing. It also increased its holding in Western Digital Corp (Call) (NASDAQ:WDC) by 25,900 shares in the quarter, for a total of 225,900 shares, and has risen its stake in Akamai Technologies Inc (NASDAQ:AKAM).

Investors sentiment decreased to 1.07 in 2017 Q4. Its down 0.05, from 1.12 in 2017Q3. It dropped, as 68 investors sold WDC shares while 219 reduced holdings. 82 funds opened positions while 224 raised stakes. 243.21 million shares or 1.21% more from 240.32 million shares in 2017Q3 were reported. Lsv Asset Management invested in 3.10 million shares or 0.39% of the stock. Daiwa Sb reported 32,580 shares. Strs Ohio has invested 0.07% in Western Digital Corporation (NASDAQ:WDC). The New York-based Citigroup has invested 0.02% in Western Digital Corporation (NASDAQ:WDC). Shelton Capital has 64,647 shares. Ameritas Inv Partners accumulated 0.04% or 11,857 shares. Systematic Fincl Ltd Partnership owns 19 shares. Strategy Asset Managers has invested 0.06% in Western Digital Corporation (NASDAQ:WDC). Shufro Rose & Ltd Liability owns 0.06% invested in Western Digital Corporation (NASDAQ:WDC) for 7,391 shares. Gradient Investments Ltd Liability Corporation has 317 shares for 0% of their portfolio. Ruggie Group invested in 1,544 shares. Intact Mgmt invested in 2,800 shares or 0.01% of the stock. Bankshares Of Montreal Can has 1.23 million shares for 0.09% of their portfolio. Motco, Texas-based fund reported 61 shares. Kepos LP holds 0.31% or 43,308 shares.

Among 37 analysts covering Western Digital (NASDAQ:WDC), 26 have Buy rating, 1 Sell and 10 Hold. Therefore 70% are positive. Western Digital had 171 analyst reports since July 23, 2015 according to SRatingsIntel. The rating was maintained by Mizuho on Sunday, October 8 with “Buy”. Maxim Group maintained the stock with “Buy” rating in Wednesday, August 30 report. The stock has “Buy” rating by Cowen & Co on Wednesday, August 23. As per Friday, June 2, the company rating was maintained by Jefferies. The stock of Western Digital Corporation (NASDAQ:WDC) has “Buy” rating given on Thursday, October 27 by Maxim Group. The company was downgraded on Wednesday, September 13 by Summit Redstone Partners. The stock of Western Digital Corporation (NASDAQ:WDC) has “Buy” rating given on Tuesday, January 23 by Cowen & Co. On Monday, October 19 the stock rating was maintained by Maxim Group with “Buy”. The rating was maintained by RBC Capital Markets on Tuesday, September 5 with “Buy”. The firm earned “Buy” rating on Tuesday, October 10 by RBC Capital Markets.

More notable recent Deere & Company (NYSE:DE) news were published by: Benzinga.com which released: “Upcoming Earnings: Alibaba Reports Before Market Open On Friday” on May 03, 2018, also Seekingalpha.com with their article: “Deere, Terex rally after Evercore upgrades” published on May 07, 2018, Seekingalpha.com published: “John Deere: Time To Buy” on April 16, 2018. More interesting news about Deere & Company (NYSE:DE) were released by: Seekingalpha.com and their article: “Stocks To Watch: A Fed Head Talks Crypto” published on May 12, 2018 as well as 247Wallst.com‘s news article titled: “Walmart, Cisco, Macy’s and More Major Earnings Coming This Week” with publication date: May 13, 2018.

Investors sentiment increased to 1.03 in Q4 2017. Its up 0.10, from 0.93 in 2017Q3. It increased, as 50 investors sold DE shares while 338 reduced holdings. 142 funds opened positions while 257 raised stakes. 209.89 million shares or 1.63% less from 213.38 million shares in 2017Q3 were reported. Fmr Lc holds 7.64M shares. Cornercap Investment Counsel owns 34,208 shares or 0.73% of their US portfolio. Robecosam Ag owns 40,676 shares. Corecommodity Ltd Limited Liability Company invested in 0.64% or 4,910 shares. Cypress Cap Grp Incorporated has invested 0.08% in Deere & Company (NYSE:DE). Thompson Rubinstein Mgmt Or invested in 2.67% or 51,809 shares. State Of Tennessee Treasury Department holds 0.23% or 333,387 shares in its portfolio. California State Teachers Retirement Sys accumulated 537,250 shares. Levin Cap Strategies Ltd Partnership holds 0% or 1,710 shares in its portfolio. Arrow Corp stated it has 0.04% of its portfolio in Deere & Company (NYSE:DE). Palladium Partners Limited Liability Company has invested 0.19% in Deere & Company (NYSE:DE). Wafra Advisory Gp stated it has 80,270 shares. Regal Invest Advsr Lc holds 0.06% or 1,837 shares in its portfolio. Gamco Invsts Inc Et Al holds 0.6% of its portfolio in Deere & Company (NYSE:DE) for 615,456 shares. Atria Investments Limited Liability Corp invested in 6,635 shares or 0.05% of the stock.

Analysts await Deere & Company (NYSE:DE) to report earnings on May, 18. They expect $3.36 earnings per share, up 34.94% or $0.87 from last year’s $2.49 per share. DE’s profit will be $1.09B for 10.96 P/E if the $3.36 EPS becomes a reality. After $1.31 actual earnings per share reported by Deere & Company for the previous quarter, Wall Street now forecasts 156.49% EPS growth.

Since December 11, 2017, it had 0 buys, and 9 sales for $66.91 million activity. The insider ALLEN SAMUEL R sold $44.13 million. Gilles Jean H had sold 15,083 shares worth $2.52 million. 11,235 Deere & Company (NYSE:DE) shares with value of $1.90M were sold by Guinn Max A. 6,416 shares were sold by Reed Cory J, worth $972,253. 20,835 shares were sold by May John C II, worth $3.15M on Monday, December 11. Field James M. also sold $3.76M worth of Deere & Company (NYSE:DE) on Friday, January 12.

Ameritas Investment Partners Inc, which manages about $2.19 billion US Long portfolio, upped its stake in Ilg Inc by 31,815 shares to 41,155 shares, valued at $1.17M in 2017Q4, according to the filing. It also increased its holding in Spdr Series Trust (XBI) by 22,400 shares in the quarter, for a total of 22,645 shares, and has risen its stake in Alps Etf Tr (AMLP).

Among 30 analysts covering Deere & Company (NYSE:DE), 16 have Buy rating, 2 Sell and 12 Hold. Therefore 53% are positive. Deere & Company had 128 analyst reports since July 27, 2015 according to SRatingsIntel. The company was maintained on Friday, November 3 by Piper Jaffray. BMO Capital Markets maintained Deere & Company (NYSE:DE) on Wednesday, February 21 with “Outperform” rating. The firm earned “Hold” rating on Friday, June 2 by J.P. Morgan. Zacks downgraded the stock to “Buy” rating in Monday, August 24 report. Citigroup maintained Deere & Company (NYSE:DE) on Wednesday, June 7 with “Buy” rating. RBC Capital Markets maintained Deere & Company (NYSE:DE) on Tuesday, July 25 with “Hold” rating. RBC Capital Markets upgraded the stock to “Outperform” rating in Wednesday, January 10 report. The stock has “Buy” rating by Argus Research on Wednesday, February 24. Piper Jaffray maintained it with “Underweight” rating and $70 target in Monday, August 22 report. The company was upgraded on Friday, January 19 by Credit Suisse.

Deere & Company (NYSE:DE) Institutional Positions Chart

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