Public Sector Pension Investment Board Lowered Its Deere & Co (DE) Holding as Market Value Declined; Scott & Selber Has Trimmed Callaway Golf (ELY) Stake by $3.49 Million

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Scott & Selber Inc decreased its stake in Callaway Golf (ELY) by 60.63% based on its latest 2018Q3 regulatory filing with the SEC. Scott & Selber Inc sold 145,565 shares as the company’s stock declined 29.39% with the market. The institutional investor held 94,539 shares of the recreational products and toys company at the end of 2018Q3, valued at $2.30 million, down from 240,104 at the end of the previous reported quarter. Scott & Selber Inc who had been investing in Callaway Golf for a number of months, seems to be less bullish one the $1.50B market cap company. The stock increased 2.51% or $0.39 during the last trading session, reaching $15.92. About 1.95M shares traded or 60.69% up from the average. Callaway Golf Company (NYSE:ELY) has risen 13.39% since February 14, 2018 and is uptrending. It has outperformed by 13.39% the S&P500. Some Historical ELY News: 20/04/2018 – Callaway Golf Company to Broadcast First Quarter 2018 Financial Results; 26/04/2018 – Callaway Golf Sees 2Q Adj EPS 44c-Adj EPS 48c; 19/04/2018 DJ Callaway Golf Company, Inst Holders, 1Q 2018 (ELY); 26/04/2018 – Callaway Golf Raises FY View To EPS 77c-EPS 82c; 26/04/2018 – CALLAWAY GOLF 1Q ADJ EPS 30C, EST. 51C; 26/04/2018 – CALLAWAY GOLF CO ELY.N FY2018 SHR VIEW $0.71, REV VIEW $1.13 BLN — THOMSON REUTERS l/B/E/S; 26/04/2018 – Callaway Golf Raises FY View To Sales $1.17B-$1.185B; 26/04/2018 – Callaway Golf 1Q EPS 65c; 27/04/2018 – CORRECT: CALLAWAY GOLF 1Q ADJ EPS REPORTED IN ERROR; 15/05/2018 – Pioneer Investment Management Buys 1.1% of Callaway Golf

Public Sector Pension Investment Board decreased its stake in Deere & Co (DE) by 17.5% based on its latest 2018Q3 regulatory filing with the SEC. Public Sector Pension Investment Board sold 3,200 shares as the company’s stock declined 1.06% with the market. The institutional investor held 15,089 shares of the industrial machinery and components company at the end of 2018Q3, valued at $2.27 million, down from 18,289 at the end of the previous reported quarter. Public Sector Pension Investment Board who had been investing in Deere & Co for a number of months, seems to be less bullish one the $52.05 billion market cap company. The stock decreased 1.51% or $2.49 during the last trading session, reaching $162.7. About 2.78 million shares traded or 13.91% up from the average. Deere & Company (NYSE:DE) has declined 2.70% since February 14, 2018 and is downtrending. It has underperformed by 2.70% the S&P500. Some Historical DE News: 21/03/2018 – U.S. tariffs could raise steel prices by 30 percent and may prompt the company to switch materials, Deere & Co CEO Samuel Allen said on Wednesday; 18/05/2018 – DEERE SAYS BEYOND 2018, WIRTGEN OPERATING MARGINS ARE EXPECTED TO BE 13-14 PCT; 28/03/2018 – The tariff-plagued Deere is a long-term play, argues @JimCramer; 18/05/2018 – DEERE CFO CONFIDENT COST REDUCTION ACTIONS TO OFFSET INFLATION; 18/05/2018 – DEERE & CO – QTRLY AGRICULTURE & TURF SALES ROSE 22 PERCENT; 18/05/2018 – Deere & Co. 2Q EPS $3.67; 30/05/2018 – DEERE & DEERE & CO. RAISES DIV MAY 30, 2018; 26/04/2018 – Global Tractor Market Competition Forecast & Opportunities, 2023 – Leading Manufacturers are Mahindra & Mahindra, John Deere, Tractors & Farm Equipment – ResearchAndMarkets.com; 21/05/2018 – Deere Investors Waiting for Dividend Bump May Finally Get Wish; 18/05/2018 – DEERE SAYS MATERIAL AND FREIGHT COSTS HAVE EXCEEDED FORECAST FOR THE YEAR, DUE LARGELY TO INFLATION IN U.S. STEEL PRICES AND TIGHT MARKET FOR LOGISTICS

Among 19 analysts covering Callaway Golf (NYSE:ELY), 14 have Buy rating, 0 Sell and 5 Hold. Therefore 74% are positive. Callaway Golf had 57 analyst reports since August 23, 2015 according to SRatingsIntel. The stock has “Buy” rating by Jefferies on Tuesday, June 6. Jefferies maintained Callaway Golf Company (NYSE:ELY) rating on Thursday, February 8. Jefferies has “Buy” rating and $21.0 target. FBR Capital maintained Callaway Golf Company (NYSE:ELY) rating on Wednesday, January 24. FBR Capital has “Buy” rating and $18.0 target. The stock has “Buy” rating by FBR Capital on Wednesday, May 30. SunTrust upgraded the shares of ELY in report on Friday, May 13 to “Buy” rating. The stock of Callaway Golf Company (NYSE:ELY) has “Buy” rating given on Monday, February 5 by Roth Capital. The company was downgraded on Wednesday, April 18 by DA Davidson. The firm has “Overweight” rating by KeyBanc Capital Markets given on Friday, April 27. The rating was maintained by Cowen & Co on Friday, September 28 with “Market Perform”. Imperial Capital maintained Callaway Golf Company (NYSE:ELY) rating on Tuesday, May 23. Imperial Capital has “Outperform” rating and $14.50 target.

Investors sentiment decreased to 1.05 in 2018 Q3. Its down 0.36, from 1.41 in 2018Q2. It fall, as 17 investors sold ELY shares while 87 reduced holdings. 50 funds opened positions while 59 raised stakes. 82.14 million shares or 0.17% more from 82.00 million shares in 2018Q2 were reported. Hsbc Public Limited reported 262,212 shares. Bluestein R H invested in 0.03% or 22,000 shares. Dekabank Deutsche Girozentrale reported 82,000 shares or 0.01% of all its holdings. Citigroup Inc holds 0% of its portfolio in Callaway Golf Company (NYSE:ELY) for 59,375 shares. 2,000 are held by Tradewinds Capital Management Ltd. Sg Americas Securities Limited Liability Co stated it has 31,120 shares. State Bank Of The West invested in 9,624 shares or 0.03% of the stock. 3,081 are held by Pub Employees Retirement Sys Of Ohio. Nicholas Prtnrs LP has invested 1.13% in Callaway Golf Company (NYSE:ELY). State Of Tennessee Treasury Department reported 0.01% in Callaway Golf Company (NYSE:ELY). Hennessy Advisors reported 231,000 shares. Millennium Mngmt Llc holds 1.38 million shares or 0.04% of its portfolio. Secor Advsrs Lp invested in 24,382 shares or 0.06% of the stock. Mason Street Ltd accumulated 26,304 shares. 146,000 were reported by Credit Agricole S A.

More notable recent Callaway Golf Company (NYSE:ELY) news were published by: Seekingalpha.com which released: “Conference call teaser with Callaway Golf? – Seeking Alpha” on October 25, 2018, also Investorplace.com with their article: “Callaway Golf Co Drives an Earnings Beauty and Tees Up For New Golfers – Investorplace.com” published on February 10, 2018, Seekingalpha.com published: “Callaway Golf: Swing And A Miss – Seeking Alpha” on June 22, 2017. More interesting news about Callaway Golf Company (NYSE:ELY) were released by: Seekingalpha.com and their article: “Golf stocks lower after soft data read – Seeking Alpha” published on December 04, 2018 as well as Investorplace.com‘s news article titled: “7 Market-Beating Stocks to Buy to Weather a Trade War – Investorplace.com” with publication date: September 21, 2018.

Public Sector Pension Investment Board, which manages about $14.28 billion US Long portfolio, upped its stake in Shaw Communications Inc (NYSE:SJR) by 114,343 shares to 544,297 shares, valued at $10.60 million in 2018Q3, according to the filing. It also increased its holding in Navigators Group Inc (NASDAQ:NAVG) by 30,291 shares in the quarter, for a total of 44,942 shares, and has risen its stake in Stanley Black & Decker Inc (NYSE:SWK).

Since November 29, 2018, it had 0 insider purchases, and 2 sales for $3.55 million activity. Another trade for 11,133 shares valued at $1.69 million was sold by Kalathur Rajesh.

Analysts await Deere & Company (NYSE:DE) to report earnings on February, 15. They expect $1.78 earnings per share, up 35.88% or $0.47 from last year’s $1.31 per share. DE’s profit will be $569.39M for 22.85 P/E if the $1.78 EPS becomes a reality. After $2.30 actual earnings per share reported by Deere & Company for the previous quarter, Wall Street now forecasts -22.61% negative EPS growth.

Among 31 analysts covering Deere & Company (NYSE:DE), 15 have Buy rating, 2 Sell and 14 Hold. Therefore 48% are positive. Deere & Company had 142 analyst reports since July 27, 2015 according to SRatingsIntel. The stock of Deere & Company (NYSE:DE) earned “Buy” rating by Wells Fargo on Wednesday, January 10. As per Thursday, November 19, the company rating was maintained by UBS. The stock of Deere & Company (NYSE:DE) earned “Hold” rating by Deutsche Bank on Monday, August 21. The company was upgraded on Monday, May 7 by Evercore. On Thursday, September 24 the stock rating was downgraded by TheStreet to “Hold”. UBS maintained Deere & Company (NYSE:DE) rating on Friday, November 23. UBS has “Buy” rating and $17700 target. Piper Jaffray maintained Deere & Company (NYSE:DE) on Friday, August 25 with “Hold” rating. The firm earned “Buy” rating on Tuesday, November 21 by Robert W. Baird. The stock of Deere & Company (NYSE:DE) has “Strong Sell” rating given on Friday, September 25 by S&P Research. The rating was initiated by Avondale on Thursday, October 15 with “Market Outperform”.

More notable recent Deere & Company (NYSE:DE) news were published by: Streetinsider.com which released: “Deere & Co. (DE) in the money Febraury calls active into EPS and options – StreetInsider.com” on February 13, 2019, also Seekingalpha.com with their article: “How Far Could Deere Fall? (Revisited) – Seeking Alpha” published on January 24, 2019, Benzinga.com published: “Activision Blizzard, Inc (NASDAQ:ATVI), BB&T Corporation (NYSE:BBT) – Flashing Green: Global Stocks Follow U.S. Market Higher, With Cisco Reporting Later – Benzinga” on February 13, 2019. More interesting news about Deere & Company (NYSE:DE) were released by: Benzinga.com and their article: “Archer-Daniels-Midland Company (NYSE:ADM), Bank of America Corporation (NYSE:BAC) – Bank Season Hits Roadblock As Morgan Stanley Earnings Appear To Disappoint – Benzinga” published on January 17, 2019 as well as Schaeffersresearch.com‘s news article titled: “Analyst: Sell This Energy Stock – Schaeffers Research” with publication date: February 13, 2019.

Deere & Company (NYSE:DE) Institutional Positions Chart