First Midwest Bank Trust Division Has Cut Its Deere & Co (DE) Stake by $1.07 Million; Market Valuation Rose; Exxon Mobil (XOM) Holder Ronald Blue & Company Has Lifted Stake by $384,000

November 15, 2017 - By Richard Conner

First Midwest Bank Trust Division decreased its stake in Deere & Co (DE) by 8.28% based on its latest 2017Q2 regulatory filing with the SEC. First Midwest Bank Trust Division sold 8,669 shares as the company’s stock rose 9.64% with the market. The institutional investor held 96,068 shares of the industrial machinery and components company at the end of 2017Q2, valued at $11.87 million, down from 104,737 at the end of the previous reported quarter. First Midwest Bank Trust Division who had been investing in Deere & Co for a number of months, seems to be less bullish one the $42.40 billion market cap company. The stock declined 0.69% or $0.92 reaching $131.96 per share. About 8,625 shares traded. Deere & Company (NYSE:DE) has risen 46.99% since November 15, 2016 and is uptrending. It has outperformed by 30.29% the S&P500.

Ronald Blue & Company Llc increased its stake in Exxon Mobil Corporation (XOM) by 5.19% based on its latest 2017Q2 regulatory filing with the SEC. Ronald Blue & Company Llc bought 4,800 shares as the company’s stock rose 0.21% with the market. The institutional investor held 97,201 shares of the integrated oil company at the end of 2017Q2, valued at $7.85 million, up from 92,401 at the end of the previous reported quarter. Ronald Blue & Company Llc who had been investing in Exxon Mobil Corporation for a number of months, seems to be bullish on the $346.98B market cap company. The stock declined 0.43% or $0.35 reaching $81.89 on the news. About 118,352 shares traded. Exxon Mobil Corporation (NYSE:XOM) has declined 9.08% since November 15, 2016 and is downtrending. It has underperformed by 25.78% the S&P500.

Investors sentiment decreased to 0.85 in Q2 2017. Its down 0.04, from 0.89 in 2017Q1. It dropped, as 48 investors sold XOM shares while 822 reduced holdings. 103 funds opened positions while 639 raised stakes. 2.12 billion shares or 0.55% more from 2.10 billion shares in 2017Q1 were reported. Puzo Michael J accumulated 65,743 shares. Tradewinds Cap Ltd Liability owns 2,834 shares for 0.12% of their portfolio. Georgia-based Ronald Blue And Limited has invested 0.25% in Exxon Mobil Corporation (NYSE:XOM). Smith Moore Company holds 30,686 shares. Sterneck Capital Mgmt Lc, Missouri-based fund reported 7,425 shares. Comerica Natl Bank holds 1.16% or 1.94 million shares. Madrona Ser Limited Liability Corporation has 2,700 shares for 0.22% of their portfolio. Zuckerman Investment Limited Com accumulated 4,191 shares. Woodstock Corp holds 1.77% or 111,937 shares in its portfolio. Croft invested in 0.49% or 25,351 shares. Sumitomo Life Insur Commerce accumulated 125,952 shares or 1.33% of the stock. Edgar Lomax Va reported 509,347 shares. Moreover, Garrison has 0.45% invested in Exxon Mobil Corporation (NYSE:XOM). Sentinel Communications Lba stated it has 0.44% in Exxon Mobil Corporation (NYSE:XOM). Rothschild Asset stated it has 829,510 shares.

Among 25 analysts covering Exxon Mobil (NYSE:XOM), 9 have Buy rating, 6 Sell and 10 Hold. Therefore 36% are positive. Exxon Mobil had 75 analyst reports since July 22, 2015 according to SRatingsIntel. RBC Capital Markets maintained the shares of XOM in report on Tuesday, August 29 with “Hold” rating. As per Tuesday, June 13, the company rating was maintained by RBC Capital Markets. As per Thursday, July 27, the company rating was maintained by Jefferies. The firm has “Hold” rating given on Tuesday, March 29 by Deutsche Bank. The company was upgraded on Thursday, May 11 by Bank of America. The stock has “Long-Term Buy” rating by Hilliard Lyons on Wednesday, June 7. HSBC maintained Exxon Mobil Corporation (NYSE:XOM) on Wednesday, March 8 with “Hold” rating. The firm has “Underperform” rating by Credit Suisse given on Monday, May 2. Barclays Capital maintained the stock with “Underweight” rating in Thursday, September 3 report. As per Wednesday, September 6, the company rating was upgraded by UBS.

Ronald Blue & Company Llc, which manages about $7.83 billion and $3.10 billion US Long portfolio, decreased its stake in Ishares Msci Acwi Ex (ACWX) by 28,733 shares to 420,761 shares, valued at $19.18M in 2017Q2, according to the filing. It also reduced its holding in Jpmorgan Chase & Company (NYSE:JPM) by 4,187 shares in the quarter, leaving it with 16,680 shares, and cut its stake in General Electric Company (NYSE:GE).

More notable recent Exxon Mobil Corporation (NYSE:XOM) news were published by: Nasdaq.com which released: “Exxon Mobil Corporation (XOM) Ex-Dividend Date Scheduled for November 10, 2017” on November 09, 2017, also Seekingalpha.com with their article: “Exxon Mobil Q3 Earnings Preview” published on October 20, 2017, Seekingalpha.com published: “Exxon Mobil: What Else Did You Expect?” on October 27, 2017. More interesting news about Exxon Mobil Corporation (NYSE:XOM) were released by: Fool.com and their article: “2 Reasons Exxon Mobil Corporation Is a Better Value Stock than Royal Dutch …” published on October 24, 2017 as well as Seekingalpha.com‘s news article titled: “ExxonMobil Still The Top Integrated To Own – For Now” with publication date: November 02, 2017.

First Midwest Bank Trust Division, which manages about $812.65M US Long portfolio, upped its stake in Alphabet Inc by 1,628 shares to 3,429 shares, valued at $3.19M in 2017Q2, according to the filing. It also increased its holding in Unitedhealth Group Inc (NYSE:UNH) by 3,965 shares in the quarter, for a total of 23,069 shares, and has risen its stake in Intra Cellular Therapies Inc (NASDAQ:ITCI).

Investors sentiment increased to 1 in 2017 Q2. Its up 0.15, from 0.85 in 2017Q1. It increased, 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. St Germain D J has invested 0.05% in Deere & Company (NYSE:DE). Alecta Pensionsforsakring Omsesidigt holds 0.89% in Deere & Company (NYSE:DE) or 815,000 shares. Livforsakringsbolaget Skandia Omsesidigt owns 5,142 shares. Sg Americas Secs Ltd Com has invested 0.07% in Deere & Company (NYSE:DE). Stratos Wealth Prtnrs reported 4,320 shares. First Manhattan Communication reported 1,631 shares. Lodge Hill Cap Limited Liability Company reported 370,000 shares stake. Sigma Planning Corporation holds 0.05% or 4,254 shares in its portfolio. Choate Invest Advsrs holds 6,886 shares. Johnson Counsel Inc holds 0.01% or 2,819 shares in its portfolio. Nomura Asset Mgmt Limited holds 0.06% in Deere & Company (NYSE:DE) or 36,166 shares. Glg Lc owns 24,776 shares. California-based Aristotle Cap Mgmt Ltd has invested 0% in Deere & Company (NYSE:DE). Saybrook Cap Nc accumulated 11,500 shares or 0.71% of the stock. Evercore Wealth Mngmt Limited Liability Corp reported 3,365 shares stake.

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.

Among 27 analysts covering Deere & Company (NYSE:DE), 8 have Buy rating, 4 Sell and 15 Hold. Therefore 30% are positive. Deere & Company had 94 analyst reports since July 27, 2015 according to SRatingsIntel. As per Thursday, September 24, the company rating was downgraded by TheStreet. The rating was maintained by Piper Jaffray on Friday, September 29 with “Hold”. The stock has “Neutral” rating by UBS on Friday, July 29. UBS maintained the stock with “Sell” rating in Thursday, November 19 report. The stock has “Buy” rating by Argus Research on Tuesday, August 23. On Tuesday, April 11 the stock rating was maintained by Stifel Nicolaus with “Buy”. RBC Capital Markets maintained the stock with “Hold” rating in Friday, March 24 report. The firm has “Outperform” rating by BMO Capital Markets given on Wednesday, August 16. William Blair maintained the shares of DE in report on Wednesday, August 19 with “Sell” rating. Barclays Capital maintained Deere & Company (NYSE:DE) on Wednesday, October 12 with “Underweight” rating.

Since May 19, 2017, it had 0 insider purchases, and 4 sales for $11.66 million activity. $631,808 worth of Deere & Company (NYSE:DE) was sold by Reed Cory J on Friday, June 16. 6,624 shares were sold by Howze Marc A, worth $792,135. 19,907 Deere & Company (NYSE:DE) shares with value of $2.50 million were sold by May John C II.

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