AGCO Co. (NYSE:AGCO) Shares Bought by American Century Companies Inc.

American Century Companies Inc. lifted its holdings in shares of AGCO Co. ( NYSE:AGCO – Free Report ) by 11.

4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 124,696 shares of the industrial products company’s stock after buying an additional 12,780 shares during the period. American Century Companies Inc.



owned approximately 0.17% of AGCO worth $11,657,000 at the end of the most recent reporting period. A number of other institutional investors and hedge funds have also added to or reduced their stakes in AGCO.

CIBC Asset Management Inc boosted its position in AGCO by 5.1% during the 4th quarter. CIBC Asset Management Inc now owns 2,265 shares of the industrial products company’s stock worth $212,000 after acquiring an additional 110 shares during the period.

Inspire Investing LLC raised its stake in shares of AGCO by 2.8% during the fourth quarter. Inspire Investing LLC now owns 4,299 shares of the industrial products company’s stock valued at $402,000 after purchasing an additional 118 shares in the last quarter.

Arizona State Retirement System lifted its holdings in AGCO by 0.8% in the fourth quarter. Arizona State Retirement System now owns 18,414 shares of the industrial products company’s stock worth $1,721,000 after purchasing an additional 150 shares during the period.

UMB Bank n.a. grew its position in AGCO by 84.

2% in the 4th quarter. UMB Bank n.a.

now owns 337 shares of the industrial products company’s stock valued at $32,000 after buying an additional 154 shares in the last quarter. Finally, First Horizon Advisors Inc. increased its stake in AGCO by 30.

8% during the 4th quarter. First Horizon Advisors Inc. now owns 688 shares of the industrial products company’s stock valued at $64,000 after buying an additional 162 shares during the period.

78.80% of the stock is owned by institutional investors. Analysts Set New Price Targets Several research analysts have recently issued reports on the stock.

Morgan Stanley assumed coverage on shares of AGCO in a report on Tuesday, December 3rd. They issued an “equal weight” rating and a $101.00 price objective for the company.

Citigroup increased their price target on AGCO from $95.00 to $98.00 and gave the company a “neutral” rating in a research note on Monday, March 17th.

Baird R W downgraded AGCO from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 3rd. Oppenheimer raised their target price on AGCO from $108.00 to $109.

00 and gave the company an “outperform” rating in a research note on Tuesday, January 28th. Finally, StockNews.com raised AGCO from a “sell” rating to a “hold” rating in a report on Friday, February 7th.

Ten research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, AGCO currently has an average rating of “Hold” and a consensus price target of $104.

60. AGCO Stock Up 0.1 % AGCO stock opened at $92.

69 on Wednesday. The company’s 50 day simple moving average is $98.16 and its 200-day simple moving average is $97.

03. AGCO Co. has a 52-week low of $84.

35 and a 52-week high of $125.76. The company has a debt-to-equity ratio of 0.

60, a current ratio of 1.34 and a quick ratio of 0.63.

The firm has a market capitalization of $6.91 billion, a P/E ratio of -16.29, a P/E/G ratio of 1.

80 and a beta of 1.24. AGCO ( NYSE:AGCO – Get Free Report ) last released its earnings results on Thursday, February 6th.

The industrial products company reported $1.97 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.01 by ($0.

04). AGCO had a negative net margin of 3.64% and a positive return on equity of 13.

40%. As a group, equities research analysts anticipate that AGCO Co. will post 4.

2 EPS for the current year. AGCO Announces Dividend The business also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 14th were given a dividend of $0.

29 per share. This represents a $1.16 dividend on an annualized basis and a yield of 1.

25%. The ex-dividend date of this dividend was Friday, February 14th. AGCO’s payout ratio is presently -20.

39%. AGCO Company Profile ( Free Report ) AGCO Corporation manufactures and distributes agricultural equipment and related replacement parts worldwide. It offers horsepower tractors for row crop production, soil cultivation, planting, land leveling, seeding, and commercial hay operations; utility tractors for small- and medium-sized farms, as well as for dairy, livestock, orchards, and vineyards; and compact tractors for small farms, specialty agricultural industries, landscaping, equestrian, and residential uses.

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