Tweedy Browne Company LLC Holding in Agco Corp. (AGCO) Trimmed by $5.20 Million

March 14, 2018 - By Henry Gaston

Investors sentiment decreased to 0.81 in Q3 2017. Its down 0.04, from 0.85 in 2017Q2. It worsened, as 25 investors sold AGCO shares while 124 reduced holdings. 40 funds opened positions while 81 raised stakes. 64.46 million shares or 1.81% more from 63.32 million shares in 2017Q2 were reported. Mitsubishi Ufj Tru & Banking Corporation stated it has 136,654 shares. Parametrica Mgmt Ltd holds 0.17% of its portfolio in AGCO Corporation (NYSE:AGCO) for 5,345 shares. Winfield Incorporated invested 0% in AGCO Corporation (NYSE:AGCO). Baring Asset Mgmt Limited has 185,473 shares. Kessler Inv Gp Limited Liability Corporation holds 42 shares. Clinton Grp Inc Inc accumulated 57,104 shares or 0.46% of the stock. Wedge Cap L Lp Nc holds 0.2% or 297,940 shares. 37,397 were accumulated by Arizona State Retirement Sys. Pictet Asset Mngmt Ltd has invested 0.1% of its portfolio in AGCO Corporation (NYSE:AGCO). Cantab Cap Prtnrs Ltd Liability Partnership holds 22,740 shares or 0.24% of its portfolio. Deutsche Fincl Bank Ag owns 471,737 shares. Jpmorgan Chase & has invested 0.01% of its portfolio in AGCO Corporation (NYSE:AGCO). Cornerstone Mngmt Holdg Ltd holds 8,427 shares. Tiedemann Wealth Management Ltd has invested 0.01% in AGCO Corporation (NYSE:AGCO). Commonwealth Natl Bank Of Aus holds 0.01% of its portfolio in AGCO Corporation (NYSE:AGCO) for 20,195 shares.

Since February 14, 2018, it had 0 buys, and 1 sale for $173,830 activity.

Tweedy Browne Company Llc decreased its stake in Agco Corp. (AGCO) by 7.03% based on its latest 2017Q3 regulatory filing with the SEC. Tweedy Browne Company Llc sold 71,228 shares as the company’s stock rose 0.30% with the market. The hedge fund held 941,890 shares of the industrial machinery and components company at the end of 2017Q3, valued at $69.48 million, down from 1.01 million at the end of the previous reported quarter. Tweedy Browne Company Llc who had been investing in Agco Corp. for a number of months, seems to be less bullish one the $5.36 billion market cap company. The stock decreased 0.43% or $0.29 during the last trading session, reaching $67.35. About 143,878 shares traded. AGCO Corporation (NYSE:AGCO) has risen 25.79% since March 14, 2017 and is uptrending. It has outperformed by 9.09% the S&P500.

Tweedy Browne Company Llc, which manages about $20.69B and $3.68 billion US Long portfolio, upped its stake in Mrc Global Inc. (NYSE:MRC) by 684,179 shares to 5.16M shares, valued at $90.17 million in 2017Q3, according to the filing.

Analysts await AGCO Corporation (NYSE:AGCO) to report earnings on April, 27. They expect $0.13 earnings per share, up 750.00 % or $0.15 from last year’s $-0.02 per share. AGCO’s profit will be $10.35M for 129.52 P/E if the $0.13 EPS becomes a reality. After $1.10 actual earnings per share reported by AGCO Corporation for the previous quarter, Wall Street now forecasts -88.18 % negative EPS growth.

Another recent and important AGCO Corporation (NYSE:AGCO) news was published by which published an article titled: “AGCO Corporation (AGCO) Ex-Dividend Date Scheduled for February 14, 2018” on February 13, 2018.

AGCO Corporation (NYSE:AGCO) Ratings Coverage

Among 21 analysts covering Agco Corporation (NYSE:AGCO), 5 have Buy rating, 2 Sell and 14 Hold. Therefore 24% are positive. Agco Corporation had 73 analyst reports since July 27, 2015 according to SRatingsIntel. As per Thursday, July 30, the company rating was upgraded by Vertical Research. The stock of AGCO Corporation (NYSE:AGCO) earned “Neutral” rating by Bank of America on Monday, June 19. The firm has “Hold” rating by RBC Capital Markets given on Thursday, July 6. On Wednesday, July 5 the stock rating was maintained by Jefferies with “Hold”. Bank of America downgraded the shares of AGCO in report on Friday, October 2 to “Underperform” rating. The stock of AGCO Corporation (NYSE:AGCO) earned “Neutral” rating by JP Morgan on Wednesday, February 7. The stock has “Hold” rating by J.P. Morgan on Wednesday, February 7. The firm has “Neutral” rating by Piper Jaffray given on Monday, August 24. The rating was maintained by RBC Capital Markets with “Hold” on Thursday, January 11. The firm earned “Sell” rating on Friday, October 13 by Bank of America.

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