As Agco Corp (AGCO) Stock Value Rose, Holder Ubs Global Asset Management Americas INC Has Cut Its Stake by $3.49 Billion

AGCO Corporation (NYSE:AGCO) LogoInvestors sentiment increased to 1.27 in Q2 2019. 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. Mackenzie Fincl Corp invested in 74,271 shares or 0.01% of the stock. Zuckerman Invest Limited Liability holds 2.58% of its portfolio in AGCO Corporation (NYSE:AGCO) for 150,246 shares. Cibc Asset has invested 0% of its portfolio in AGCO Corporation (NYSE:AGCO). Price Capital Management Inc reported 32,378 shares. One Ltd Com invested 0.05% of its portfolio in AGCO Corporation (NYSE:AGCO). Proshare Advisors Llc has invested 0% of its portfolio in AGCO Corporation (NYSE:AGCO). Stone Ridge Asset Mgmt Ltd Liability Corporation holds 30,089 shares. Morgan Stanley holds 0% or 121,204 shares. Intrust Commercial Bank Na reported 5,264 shares stake. Massachusetts-based S&Co has invested 0.21% in AGCO Corporation (NYSE:AGCO). Alps Advisors invested 0.01% of its portfolio in AGCO Corporation (NYSE:AGCO). Fdx Advsr Inc stated it has 4,045 shares or 0.01% of all its holdings. 441,613 are owned by Ameriprise. 56,236 are held by Cipher Capital Ltd Partnership. Mason Street Advsr Ltd Limited Liability Company holds 0.06% or 34,379 shares in its portfolio.

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 3.17M shares of the industrial machinery and components company at the end of 2019Q2, valued at $245.72 billion, down from 3.21M 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 $5.85 billion 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 Viasat Inc (NASDAQ:VSAT) by 9,163 shares to 58,807 shares, valued at $4.75 billion in 2019Q2, according to the filing. It also increased its holding in Lyft Inc A by 32,063 shares in the quarter, for a total of 132,063 shares, and has risen its stake in Consol Edison Inc (NYSE:ED).

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: Streetinsider.com which released: “Stifel Upgrades AGCO Corporation (AGCO) to Buy – StreetInsider.com” on September 06, 2019, also 247Wallst.com with 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, Seekingalpha.com published: “Agco and Oshkosh upgraded, Actuant downgraded at J.P. Morgan – Seeking Alpha” on September 11, 2019. More interesting news about AGCO Corporation (NYSE:AGCO) were released by: Benzinga.com and their article: “Benzinga’s Top Upgrades, Downgrades For September 6, 2019 – Benzinga” published on September 06, 2019 as well as Finance.Yahoo.com‘s news article titled: “Just 4 Days Before AGCO Corporation (NYSE:AGCO) Will Be Trading Ex-Dividend – Yahoo Finance” with publication date: August 09, 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 firm has “Buy” rating given on Monday, June 24 by Jefferies. RBC Capital Markets maintained AGCO Corporation (NYSE:AGCO) rating on Monday, March 25. RBC Capital Markets has “Buy” rating and $76 target. The rating was upgraded by JP Morgan to “Overweight” on Wednesday, September 11. JP Morgan upgraded it to “Overweight” rating and $7700 target in Tuesday, May 14 report. As per Friday, September 6, the company rating was upgraded by Stifel Nicolaus. The stock of AGCO Corporation (NYSE:AGCO) earned “Neutral” rating by UBS on Tuesday, May 7. As per Wednesday, July 10, the company rating was maintained by Morgan Stanley. The stock of AGCO Corporation (NYSE:AGCO) earned “Neutral” rating by Citigroup on Monday, May 6. The rating was downgraded by Wells Fargo to “Market Perform” on Wednesday, July 17.

AGCO Corporation (NYSE:AGCO) Institutional Positions Chart

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