As Agco Corp (AGCO) Shares Rose, Holder Ubs Global Asset Management Americas INC Trimmed Its Stake

AGCO Corporation (NYSE:AGCO) LogoInvestors sentiment increased to 1.27 in 2019 Q2. Its up 0.27, from 1 in 2019Q1. It improved, as 26 investors sold AGCO shares while 95 reduced holdings. 61 funds opened positions while 93 raised stakes. 59.16 million shares or 0.83% less from 59.65 million shares in 2019Q1 were reported. Hightower Lc reported 8,230 shares stake. Prudential Fincl holds 0.06% or 524,200 shares. Ameriprise Fincl has 0.02% invested in AGCO Corporation (NYSE:AGCO) for 441,613 shares. Profund Advisors Limited Com reported 4,846 shares or 0.02% of all its holdings. Credit Suisse Ag stated it has 117,996 shares. Balyasny Asset Management Limited Liability Co owns 26,286 shares. 40,868 were reported by Corecommodity Management Ltd Liability. Shelton holds 4,360 shares or 0.02% of its portfolio. Shell Asset invested in 9,986 shares. Bluestein R H & Communications owns 5,000 shares. United Kingdom-based Barclays Public Limited Company has invested 0.01% in AGCO Corporation (NYSE:AGCO). Earnest Prtn Lc reported 0% in AGCO Corporation (NYSE:AGCO). Principal Fincl Gru accumulated 0.02% or 285,145 shares. Tompkins Fincl reported 0% of its portfolio in AGCO Corporation (NYSE:AGCO). Envestnet Asset Mgmt Incorporated invested 0% of its portfolio in AGCO Corporation (NYSE:AGCO).

Ubs Global Asset Management Americas Inc decreased its stake in Agco Corp (AGCO) by 1.4% based on its latest 2019Q2 regulatory filing with the SEC. Ubs Global Asset Management Americas Inc sold 45,013 shares as the company’s stock rose 9.91% . The institutional investor held 3.17 million shares of the industrial machinery and components company at the end of 2019Q2, valued at $245.72B, down from 3.21 million at the end of the previous reported quarter. Ubs Global Asset Management Americas Inc who had been investing in Agco Corp for a number of months, seems to be less bullish one the $5.85B market cap company. The stock increased 1.28% or $0.97 during the last trading session, reaching $76.79. About 351,222 shares traded. AGCO Corporation (NYSE:AGCO) has risen 27.76% since September 13, 2018 and is uptrending. It has outperformed by 27.76% the S&P500.

Ubs Global Asset Management Americas Inc, which manages about $140239.86 billion US Long portfolio, upped its stake in Callaway Golf (NYSE:ELY) by 1,158 shares to 84,289 shares, valued at $1.45 billion in 2019Q2, according to the filing. It also increased its holding in Calamp Corp (NASDAQ:CAMP) by 18,640 shares in the quarter, for a total of 33,540 shares, and has risen its stake in First Interstate Bancsys Mt (NASDAQ:FIBK).

Analysts await AGCO Corporation (NYSE:AGCO) to report earnings on October, 29. They expect $0.81 earnings per share, down 10.99 % or $0.10 from last year’s $0.91 per share. AGCO’s profit will be $61.75 million for 23.70 P/E if the $0.81 EPS becomes a reality. After $1.82 actual earnings per share reported by AGCO Corporation for the previous quarter, Wall Street now forecasts -55.49 % negative EPS growth.

More notable recent AGCO Corporation (NYSE:AGCO) news were published by: Benzinga.com which released: “Benzinga’s Top Upgrades, Downgrades For September 6, 2019 – Benzinga” on September 06, 2019, also Seekingalpha.com with their article: “Agco and Oshkosh upgraded, Actuant downgraded at J.P. Morgan – Seeking Alpha” published on September 11, 2019, Finance.Yahoo.com published: “Here’s Why I Think AGCO (NYSE:AGCO) Is An Interesting Stock – Yahoo Finance” on June 04, 2019. More interesting news about AGCO Corporation (NYSE:AGCO) were released by: 247Wallst.com and their article: “Top Analyst Upgrades and Downgrades: AGCO, American Airlines, BofA, Beyond Meat, Ciena, DocuSign, Domo, Eloxx, HCA, Lululemon, Zoom Video and More – 24/7 Wall St.” published on September 06, 2019 as well as 247Wallst.com‘s news article titled: “Top Analyst Upgrades and Downgrades: AGCO, Apple, Caterpillar, Cisco, Deere, Evergy, Levi Strauss, Paypal, Slack, Urban Outfitters and More – 24/7 Wall St.” with publication date: August 15, 2019.

AGCO Corporation (NYSE:AGCO) Ratings Coverage

Among 9 analysts covering AGCO (NYSE:AGCO), 5 have Buy rating, 1 Sell and 3 Hold. Therefore 56% are positive. AGCO has $9000 highest and $6500 lowest target. $79.11’s average target is 3.02% above currents $76.79 stock price. AGCO had 14 analyst reports since March 15, 2019 according to SRatingsIntel. The stock of AGCO Corporation (NYSE:AGCO) earned “Market Perform” rating by Wells Fargo on Wednesday, July 17. The stock of AGCO Corporation (NYSE:AGCO) has “Buy” rating given on Monday, June 24 by Jefferies. The stock of AGCO Corporation (NYSE:AGCO) has “Neutral” rating given on Tuesday, May 7 by UBS. The stock has “Underweight” rating by Morgan Stanley on Wednesday, July 10. The company was upgraded on Tuesday, May 14 by JP Morgan. The stock has “Buy” rating by Stifel Nicolaus on Friday, September 6. Citigroup maintained the stock with “Neutral” rating in Monday, May 6 report. The firm earned “Buy” rating on Monday, March 25 by RBC Capital Markets. The company was upgraded on Wednesday, September 11 by JP Morgan.

AGCO Corporation (NYSE:AGCO) Institutional Positions Chart

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