3 days Ago By ABMN Staff
California Public Employees Retirement System reduced its holdings in shares of AGCO Co. ( NYSE:AGCO – Free Report ) by 5.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission.
The firm owned 111,787 shares of the industrial products company’s stock after selling 6,707 shares during the quarter. California Public Employees Retirement System’s holdings in AGCO were worth $10,450,000 at the end of the most recent quarter. Several other large investors also recently made changes to their positions in AGCO.
Allworth Financial LP boosted its position in AGCO by 333.3% during the 4th quarter. Allworth Financial LP now owns 286 shares of the industrial products company’s stock worth $30,000 after purchasing an additional 220 shares during the period.
UMB Bank n.a. lifted its stake in shares of AGCO by 84.
2% during the fourth quarter. UMB Bank n.a.
now owns 337 shares of the industrial products company’s stock worth $32,000 after purchasing an additional 154 shares in the last quarter. Cullen Frost Bankers Inc. purchased a new stake in shares of AGCO in the fourth quarter worth about $33,000.
Jones Financial Companies Lllp boosted its position in shares of AGCO by 112.3% in the fourth quarter. Jones Financial Companies Lllp now owns 501 shares of the industrial products company’s stock worth $47,000 after buying an additional 265 shares during the period.
Finally, LRI Investments LLC grew its stake in shares of AGCO by 50.0% in the third quarter. LRI Investments LLC now owns 510 shares of the industrial products company’s stock valued at $47,000 after buying an additional 170 shares in the last quarter.
Institutional investors and hedge funds own 78.80% of the company’s stock. AGCO Stock Down 3.
3 % NYSE:AGCO opened at $79.45 on Monday. The stock has a 50-day simple moving average of $96.
97 and a 200 day simple moving average of $96.87. AGCO Co.
has a one year low of $73.79 and a one year high of $125.76.
The company has a market capitalization of $5.93 billion, a price-to-earnings ratio of -13.96, a price-to-earnings-growth ratio of 1.
80 and a beta of 1.16. The company has a debt-to-equity ratio of 0.
60, a quick ratio of 0.63 and a current ratio of 1.34.
AGCO Announces Dividend The firm also recently announced a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 14th were issued a dividend of $0.29 per share.
The ex-dividend date was Friday, February 14th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.
46%. AGCO’s dividend payout ratio (DPR) is -20.39%.
Analyst Upgrades and Downgrades AGCO has been the subject of a number of analyst reports. JPMorgan Chase & Co. upped their price target on AGCO from $102.
00 to $111.00 and gave the stock an “overweight” rating in a report on Wednesday, January 15th. Oppenheimer upped their target price on shares of AGCO from $108.
00 to $109.00 and gave the company an “outperform” rating in a research note on Tuesday, January 28th. Baird R W downgraded shares of AGCO from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 3rd.
StockNews.com cut shares of AGCO from a “hold” rating to a “sell” rating in a research report on Thursday. Finally, Truist Financial raised their target price on AGCO from $109.
00 to $118.00 and gave the company a “buy” rating in a research note on Thursday, January 16th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and three have assigned a buy rating to the company’s stock.
Based on data from MarketBeat.com, AGCO has an average rating of “Hold” and an average price target of $104.60.
Check Out Our Latest Stock Analysis on AGCO About AGCO ( 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. Featured Articles Want to see what other hedge funds are holding AGCO? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for AGCO Co. ( NYSE:AGCO – Free Report ). Receive News & Ratings for AGCO Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AGCO and related companies with MarketBeat.
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