Chesley Taft & Associates Cut Deere & Company (DE) Stake; Afam Capital Cut Its Allstate (ALL) Stake

January 14, 2018 - By Linda Rogers

Afam Capital Inc decreased Allstate (ALL) stake by 45.44% reported in 2017Q3 SEC filing. Afam Capital Inc sold 11,579 shares as Allstate (ALL)’s stock rose 4.59%. The Afam Capital Inc holds 13,905 shares with $1.28M value, down from 25,484 last quarter. Allstate now has $36.64 billion valuation. The stock increased 1.32% or $1.33 during the last trading session, reaching $102.11. About 2.40 million shares traded or 24.31% up from the average. The Allstate Corporation (NYSE:ALL) has risen 25.87% since January 14, 2017 and is uptrending. It has outperformed by 9.17% the S&P500.

Chesley Taft & Associates Llc decreased Deere & Company (DE) stake by 71.04% reported in 2017Q3 SEC filing. Chesley Taft & Associates Llc sold 10,510 shares as Deere & Company (DE)’s stock rose 9.64%. The Chesley Taft & Associates Llc holds 4,285 shares with $538,000 value, down from 14,795 last quarter. Deere & Company now has $54.40 billion valuation. The stock increased 1.10% or $1.84 during the last trading session, reaching $169.3. About 2.32M shares traded or 5.72% up from the average. Deere & Company (NYSE:DE) has risen 46.99% since January 14, 2017 and is uptrending. It has outperformed by 30.29% the S&P500.

Afam Capital Inc increased Ishares Msci South Africa Index (EZA) stake by 26,575 shares to 131,443 valued at $7.72M in 2017Q3. It also upped Vanguard Short (BSV) stake by 16,679 shares and now owns 67,546 shares. Siemens Ag (SIEGY) was raised too.

Analysts await The Allstate Corporation (NYSE:ALL) to report earnings on February, 7 after the close. They expect $1.63 earnings per share, down 24.88% or $0.54 from last year’s $2.17 per share. ALL’s profit will be $584.89M for 15.66 P/E if the $1.63 EPS becomes a reality. After $1.60 actual earnings per share reported by The Allstate Corporation for the previous quarter, Wall Street now forecasts 1.87% EPS growth.

Among 20 analysts covering The Allstate Corporation (NYSE:ALL), 7 have Buy rating, 2 Sell and 11 Hold. Therefore 35% are positive. The Allstate Corporation has $11000 highest and $58 lowest target. $86.69’s average target is -15.10% below currents $102.11 stock price. The Allstate Corporation had 47 analyst reports since August 4, 2015 according to SRatingsIntel. The company was upgraded on Tuesday, January 10 by Goldman Sachs. Wells Fargo maintained the shares of ALL in report on Thursday, August 17 with “Buy” rating. The company was downgraded on Thursday, August 3 by Deutsche Bank. The firm has “Buy” rating by Wells Fargo given on Thursday, June 15. Macquarie Research downgraded the shares of ALL in report on Wednesday, April 19 to “Neutral” rating. The stock of The Allstate Corporation (NYSE:ALL) has “Hold” rating given on Monday, August 10 by Deutsche Bank. Keefe Bruyette & Woods maintained it with “Hold” rating and $9500 target in Wednesday, August 2 report. On Tuesday, December 1 the stock rating was upgraded by Citigroup to “Neutral”. Wood maintained the stock with “Hold” rating in Friday, June 16 report. The firm has “Buy” rating by Wells Fargo given on Tuesday, August 1.

Investors sentiment increased to 0.91 in Q3 2017. Its up 0.15, from 0.76 in 2017Q2. It improved, as 44 investors sold ALL shares while 300 reduced holdings. 92 funds opened positions while 221 raised stakes. 263.23 million shares or 1.26% less from 266.58 million shares in 2017Q2 were reported. Hartford Finance Management has invested 0.01% in The Allstate Corporation (NYSE:ALL). Blair William & Il has 24,504 shares for 0.02% of their portfolio. Tradewinds Cap Mgmt Limited Co reported 1,045 shares. Optimum Investment Advsrs reported 11,713 shares or 0.36% of all its holdings. Moneta Invest Advsrs Ltd Limited Liability Company, Missouri-based fund reported 23,634 shares. Commonwealth Equity Serv owns 0.04% invested in The Allstate Corporation (NYSE:ALL) for 67,972 shares. Lord Abbett & Ltd Limited Liability Company, New Jersey-based fund reported 2.18M shares. Guggenheim Ltd Liability accumulated 0.15% or 699,850 shares. Butensky Cohen Security holds 1.66% or 20,320 shares in its portfolio. Tci Wealth Advsrs owns 1,026 shares. Benjamin F Edwards & Inc owns 512 shares or 0.01% of their US portfolio. South State Corporation reported 5,720 shares stake. Walter And Keenan Consulting Mi Adv owns 3,681 shares. Trustco Bankshares N Y owns 2,500 shares. Argyle Mngmt holds 27,820 shares.

Since August 4, 2017, it had 0 buys, and 3 sales for $9.02 million activity. Shebik Steven E sold $3.32 million worth of stock. $4.54 million worth of stock was sold by Winter Matthew E on Tuesday, August 15. 12,288 shares valued at $1.16M were sold by Lees Susan L on Friday, August 4.

Chesley Taft & Associates Llc increased Pnc Financial Corp (NYSE:PNC) stake by 12,585 shares to 79,545 valued at $10.72 million in 2017Q3. It also upped Honeywell International (NYSE:HON) stake by 2,172 shares and now owns 152,689 shares. Vanguard Msci Eafe Etf (VEA) was raised too.

Investors sentiment decreased to 0.93 in Q3 2017. Its down 0.07, from 1 in 2017Q2. It is negative, as 64 investors sold DE shares while 312 reduced holdings. 69 funds opened positions while 281 raised stakes. 213.38 million shares or 1.82% more from 209.56 million shares in 2017Q2 were reported. Bluemountain Cap Mgmt Ltd Liability Com holds 0.02% or 6,685 shares. Old Mutual Global Invsts (Uk) Limited reported 0.45% in Deere & Company (NYSE:DE). Moreover, San Francisco Sentry Investment Group Incorporated (Ca) has 0.05% invested in Deere & Company (NYSE:DE) for 1,255 shares. Cohen Management accumulated 24,984 shares. Ftb Advisors accumulated 0.05% or 3,675 shares. Wetherby Asset Management holds 0.1% of its portfolio in Deere & Company (NYSE:DE) for 5,407 shares. Savant Lc reported 2,569 shares. Hsbc Hldgs Public Ltd Company holds 336,492 shares or 0.07% of its portfolio. 6,876 are held by Mai Mngmt. Allen Investment Mngmt Limited Liability Com reported 16,554 shares. Ing Groep Nv invested in 21,572 shares or 0.05% of the stock. Mengis Capital holds 12,374 shares or 1.04% of its portfolio. Fisher Asset Management Limited Com stated it has 3,202 shares. Kentucky Retirement System Insurance Fund holds 7,781 shares or 0.17% of its portfolio. Css Limited Il has 765 shares for 0% of their portfolio.

Among 28 analysts covering Deere & Company (NYSE:DE), 12 have Buy rating, 3 Sell and 13 Hold. Therefore 43% are positive. Deere & Company had 110 analyst reports since July 27, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Wednesday, November 22 by RBC Capital Markets. The firm has “Outperform” rating by RBC Capital Markets given on Wednesday, January 10. The rating was maintained by RBC Capital Markets on Monday, August 24 with “Sector Perform”. The firm has “Outperform” rating by BMO Capital Markets given on Wednesday, August 16. The firm has “Sector Perform” rating by RBC Capital Markets given on Friday, November 25. Robert W. Baird maintained it with “Hold” rating and $140.0 target in Tuesday, October 10 report. On Monday, August 22 the stock rating was maintained by RBC Capital Markets with “Sector Perform”. As per Friday, January 12, the company rating was maintained by Robert W. Baird. The stock of Deere & Company (NYSE:DE) has “Hold” rating given on Friday, November 3 by Piper Jaffray. The firm has “Buy” rating given on Tuesday, December 12 by Barclays Capital.

Since August 4, 2017, it had 0 insider purchases, and 12 sales for $24.78 million activity. Another trade for 12,013 shares valued at $1.40 million was made by May John C II on Tuesday, August 22. 12,361 shares were sold by Gilles Jean H, worth $1.61 million on Friday, August 4. $972,253 worth of Deere & Company (NYSE:DE) was sold by Reed Cory J on Monday, December 11. Another trade for 46,457 shares valued at $5.42 million was made by von Pentz Markwart on Tuesday, August 22. Shares for $954,021 were sold by Guinn Max A on Friday, October 27. Shares for $1.69M were sold by Jones Mary K.W..

Analysts await Deere & Company (NYSE:DE) to report earnings on February, 16. They expect $1.09 EPS, up 78.69% or $0.48 from last year’s $0.61 per share. DE’s profit will be $350.22 million for 38.83 P/E if the $1.09 EPS becomes a reality. After $1.57 actual EPS reported by Deere & Company for the previous quarter, Wall Street now forecasts -30.57% negative EPS growth.

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