Deere And Co (DE) Holder Capital International Sarl Has Raised Holding; Granite Investment Partners Increases Holding in Orbcomm (ORBC)

November 13, 2017 - By Hazel Jackson

Capital International Sarl increased its stake in Deere And Co (DE) by 45.5% based on its latest 2017Q2 regulatory filing with the SEC. Capital International Sarl bought 10,194 shares as the company’s stock rose 9.64% with the market. The institutional investor held 32,600 shares of the industrial machinery and components company at the end of 2017Q2, valued at $4.03M, up from 22,406 at the end of the previous reported quarter. Capital International Sarl who had been investing in Deere And Co for a number of months, seems to be bullish on the $42.49 billion market cap company. The stock increased 0.72% or $0.95 on November 10, reaching $132.23. About shares traded. Deere & Company (NYSE:DE) has risen 46.99% since November 13, 2016 and is uptrending. It has outperformed by 30.29% the S&P500.

Granite Investment Partners Llc increased its stake in Orbcomm Inc (ORBC) by 2.12% based on its latest 2017Q2 regulatory filing with the SEC. Granite Investment Partners Llc bought 36,437 shares as the company’s stock rose 16.75% with the market. The institutional investor held 1.75M shares of the telecommunications equipment company at the end of 2017Q2, valued at $19.81M, up from 1.72M at the end of the previous reported quarter. Granite Investment Partners Llc who had been investing in Orbcomm Inc for a number of months, seems to be bullish on the $743.67 million market cap company. The stock increased 2.04% or $0.2 on November 10, reaching $10.01. About shares traded. ORBCOMM Inc (NASDAQ:ORBC) has risen 5.18% since November 13, 2016 and is uptrending. It has underperformed by 11.52% the S&P500.

Among 4 analysts covering ORBCOMM (NASDAQ:ORBC), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. ORBCOMM has $16 highest and $1 lowest target. $14’s average target is 39.86% above currents $10.01 stock price. ORBCOMM had 14 analyst reports since March 14, 2016 according to SRatingsIntel. Northland Capital maintained the shares of ORBC in report on Friday, November 3 with “Buy” rating. The rating was maintained by Canaccord Genuity with “Buy” on Thursday, August 10. The rating was maintained by Canaccord Genuity on Wednesday, July 12 with “Buy”. The firm earned “Buy” rating on Friday, September 29 by Northland Capital. The company was maintained on Monday, March 14 by Northland Capital. The firm has “Buy” rating by Canaccord Genuity given on Monday, September 11. The rating was maintained by Northland Capital with “Buy” on Monday, August 28. The firm has “Buy” rating by Canaccord Genuity given on Thursday, August 3. As per Friday, May 26, the company rating was maintained by Canaccord Genuity. Canaccord Genuity maintained ORBCOMM Inc (NASDAQ:ORBC) rating on Monday, June 12. Canaccord Genuity has “Buy” rating and $1400 target.

Granite Investment Partners Llc, which manages about $892.06 million and $1.48 billion US Long portfolio, decreased its stake in Facebook Inc (NASDAQ:FB) by 13,288 shares to 158,107 shares, valued at $23.87M in 2017Q2, according to the filing. It also reduced its holding in Aptargroup Inc (NYSE:ATR) by 12,174 shares in the quarter, leaving it with 75,782 shares, and cut its stake in Raytheon Co (NYSE:RTN).

More recent ORBCOMM Inc (NASDAQ:ORBC) news were published by: Businesswire.com which released: “LTI Trucking Services Selects ORBCOMM for Fleet-Wide Cold Chain Monitoring …” on November 01, 2017. Also Businesswire.com published the news titled: “ORBCOMM Announces Third Quarter 2017 Results” on November 02, 2017. Seekingalpha.com‘s news article titled: “LEO Satellite Pioneer Orbcomm’s IoT Gambit: Grow Now, Profit Later” with publication date: October 27, 2017 was also an interesting one.

Since May 16, 2017, it had 0 buys, and 3 sales for $523,831 activity. $49,490 worth of ORBCOMM Inc (NASDAQ:ORBC) shares were sold by Eisenberg Jerome B.

Investors sentiment increased to 1.69 in 2017 Q2. Its up 0.34, from 1.35 in 2017Q1. It improved, as 6 investors sold ORBC shares while 33 reduced holdings. 24 funds opened positions while 42 raised stakes. 54.56 million shares or 0.34% less from 54.75 million shares in 2017Q1 were reported. Marathon holds 0.92% or 172,525 shares. The New Jersey-based Prudential has invested 0% in ORBCOMM Inc (NASDAQ:ORBC). Loring Wolcott & Coolidge Fiduciary Limited Liability Partnership Ma reported 5,000 shares. 1.25M are held by State Street. The New York-based Millennium Mngmt has invested 0% in ORBCOMM Inc (NASDAQ:ORBC). Hood River Cap Management Lc holds 1.16 million shares or 0.91% of its portfolio. Levy Harkins And, a New York-based fund reported 2.74 million shares. Susquehanna Group Ltd Liability Partnership has invested 0% of its portfolio in ORBCOMM Inc (NASDAQ:ORBC). Raymond James holds 0% of its portfolio in ORBCOMM Inc (NASDAQ:ORBC) for 115,143 shares. Wasatch Advsrs holds 0.03% in ORBCOMM Inc (NASDAQ:ORBC) or 172,000 shares. Granite Investment Prns Limited Liability stated it has 1.34% of its portfolio in ORBCOMM Inc (NASDAQ:ORBC). Great West Life Assurance Can holds 0% in ORBCOMM Inc (NASDAQ:ORBC) or 8,139 shares. Quantbot Techs LP reported 1,147 shares. Moreover, Guggenheim Cap Limited Company has 0% invested in ORBCOMM Inc (NASDAQ:ORBC). 113,500 were accumulated by Swiss National Bank & Trust.

Among 27 analysts covering Deere & Company (NYSE:DE), 8 have Buy rating, 4 Sell and 15 Hold. Therefore 30% are positive. Deere & Company has $16500 highest and $63 lowest target. $115.50’s average target is -12.65% below currents $132.23 stock price. Deere & Company had 94 analyst reports since July 27, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Thursday, October 5 by RBC Capital Markets. PiperJaffray upgraded the shares of DE in report on Monday, November 28 to “Neutral” rating. As per Monday, August 22, the company rating was maintained by Citigroup. JP Morgan upgraded Deere & Company (NYSE:DE) on Friday, June 2 to “Neutral” rating. The rating was upgraded by Bank of America on Thursday, December 1 to “Buy”. On Monday, August 24 the stock rating was maintained by Morgan Stanley with “Underweight”. The firm earned “Hold” rating on Monday, August 21 by Deutsche Bank. S&P Research maintained it with “Strong Sell” rating and $65 target in Friday, September 25 report. UBS maintained the stock with “Sell” rating in Thursday, November 19 report. The firm earned “Hold” rating on Tuesday, October 10 by Robert W. Baird.

Capital International Sarl, which manages about $1.16B US Long portfolio, decreased its stake in Eog Resources Inc (NYSE:EOG) by 17,900 shares to 42,300 shares, valued at $3.83M in 2017Q2, according to the filing. It also reduced its holding in Weatherford International Plc (NYSE:WFT) by 140,000 shares in the quarter, leaving it with 167,900 shares, and cut its stake in Mercadolibre Inc (NASDAQ:MELI).

Since May 19, 2017, it had 0 insider purchases, and 6 insider sales for $13.15 million activity. $631,808 worth of Deere & Company (NYSE:DE) was sold by Reed Cory J. The insider Howze Marc A sold 6,624 shares worth $792,135. Another trade for 19,907 shares valued at $2.50 million was made by May John C II on Tuesday, June 6.

More news for Deere & Company (NYSE:DE) were recently published by: Desmoinesregister.com, which released: “Deere wins lawsuit barring competitor from using iconic green-yellow combo” on October 17, 2017. Prnewswire.com‘s article titled: “Deere earns Company of the Year Award from Society of Hispanic Professional …” and published on November 10, 2017 is yet another important article.

Investors sentiment increased to 1 in 2017 Q2. Its up 0.15, from 0.85 in 2017Q1. It is positive, as 39 investors sold DE shares while 332 reduced holdings. 110 funds opened positions while 261 raised stakes. 209.56 million shares or 1.26% less from 212.23 million shares in 2017Q1 were reported. Cornerstone Advisors Inc holds 0.36% or 16,000 shares in its portfolio. Perkins Coie Trust has 0.05% invested in Deere & Company (NYSE:DE). Assetmark Inc accumulated 538 shares or 0% of the stock. Shine Inv Advisory Svcs reported 220 shares. Ftb Advisors invested 0.05% in Deere & Company (NYSE:DE). Moreover, Baystate Wealth Mgmt Ltd Llc has 0.01% invested in Deere & Company (NYSE:DE) for 238 shares. Css Ltd Com Il invested 0% in Deere & Company (NYSE:DE). Paloma Ptnrs, a Connecticut-based fund reported 9,246 shares. Bangor National Bank & Trust has 2,435 shares for 0.07% of their portfolio. Massachusetts-based Kidder Stephen W has invested 0.65% in Deere & Company (NYSE:DE). Staley Cap Advisers accumulated 271,044 shares. Van Cleef Asset Managementinc reported 8,401 shares. First Personal Fincl Service accumulated 56,788 shares. Rodgers Brothers invested in 0.09% or 2,000 shares. Tnb Fin accumulated 0.05% or 2,320 shares.

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