South Dakota Investment Council Cut Its Deere & Co (DE) Holding, NL Industries (NL) Shorts Increased By 39.11%

May 30, 2017 - By Michael Collier

NL Industries Incorporated (NYSE:NL) had an increase of 39.11% in short interest. NL’s SI was 180,700 shares in May as released by FINRA. Its up 39.11% from 129,900 shares previously. With 76,600 avg volume, 2 days are for NL Industries Incorporated (NYSE:NL)’s short sellers to cover NL’s short positions. The SI to NL Industries Incorporated’s float is 2.19%. It is 0.00% or $0 reaching $7.9 per share. It is down 252.83% since May 30, 2016 and is uptrending. It has outperformed by 236.13% the S&P500.

South Dakota Investment Council decreased Deere & Co (DE) stake by 10.75% reported in 2016Q4 SEC filing. South Dakota Investment Council sold 22,810 shares as Deere & Co (DE)’s stock rose 9.64%. The South Dakota Investment Council holds 189,300 shares with $19.51 million value, down from 212,110 last quarter. Deere & Co now has $39.09 billion valuation. The stock declined 0.27% or $0.33 reaching $122.45 per share. About 310,485 shares traded. Deere & Company (NYSE:DE) has risen 46.99% since May 30, 2016 and is uptrending. It has outperformed by 30.29% the S&P500.

Investors sentiment increased to 1.44 in 2016 Q4. Its up 0.17, from 1.27 in 2016Q3. It is positive, as 6 investors sold NL Industries Inc shares while 12 reduced holdings. 10 funds opened positions while 16 raised stakes. 3.15 million shares or 1.15% less from 3.18 million shares in 2016Q3 were reported. Parametric Portfolio Associates Limited Liability Corp holds 0% or 33,398 shares. 95,174 are owned by Northern Corp. Manufacturers Life The reported 0% of its portfolio in NL Industries Inc (NYSE:NL). State Street holds 0% in NL Industries Inc (NYSE:NL) or 118,785 shares. Blackrock Institutional Tru Na reported 181,658 shares. Tower Rech Cap (Trc) owns 4,669 shares. Alliancebernstein Lp invested 0% of its portfolio in NL Industries Inc (NYSE:NL). Royal Comml Bank Of Canada holds 703 shares or 0% of its portfolio. Zacks Mngmt invested 0.04% of its portfolio in NL Industries Inc (NYSE:NL). Citigroup Incorporated holds 17,323 shares or 0% of its portfolio. Blackrock Advsr Limited Liability Corporation holds 1,868 shares or 0% of its portfolio. California-based Wells Fargo Co Mn has invested 0% in NL Industries Inc (NYSE:NL). Jacobs Levy Equity Mgmt, a New Jersey-based fund reported 34,405 shares. Bankshares Of Ny Mellon has invested 0% in NL Industries Inc (NYSE:NL). Tompkins holds 0% in NL Industries Inc (NYSE:NL) or 100 shares.

NL Industries, Inc. is a holding company. The company has market cap of $389.71 million. The Firm operates in the component products industry through its subsidiary, CompX International Inc. . It has a 14.72 P/E ratio. The Firm operates in the chemicals industry through its non-controlling interest in Kronos Worldwide, Inc. (Kronos).

Among 25 analysts covering Deere & Company (NYSE:DE), 10 have Buy rating, 5 Sell and 10 Hold. Therefore 40% are positive. Deere & Company had 67 analyst reports since July 27, 2015 according to SRatingsIntel. The rating was maintained by Jefferies with “Hold” on Tuesday, August 25. The stock of Deere & Company (NYSE:DE) earned “Outperform” rating by Robert W. Baird on Monday, October 31. The stock has “Underweight” rating by Barclays Capital on Wednesday, October 12. The firm has “Market Perform” rating by BMO Capital Markets given on Tuesday, October 13. The company was maintained on Wednesday, April 19 by Barclays Capital. Credit Suisse maintained the stock with “Outperform” rating in Monday, August 22 report. The rating was upgraded by PiperJaffray to “Neutral” on Monday, November 28. Piper Jaffray maintained the shares of DE in report on Monday, August 22 with “Underweight” rating. RBC Capital Markets maintained Deere & Company (NYSE:DE) on Friday, March 24 with “Hold” rating. The stock of Deere & Company (NYSE:DE) has “Underweight” rating given on Monday, August 22 by Barclays Capital.

South Dakota Investment Council increased Visa Inc (NYSE:V) stake by 107,560 shares to 278,960 valued at $21.76 million in 2016Q4. It also upped Corporate Office Pptys Tr (NYSE:OFC) stake by 14,300 shares and now owns 68,300 shares. Hornbeck Offshore Svcs Inc N (NYSE:HOS) was raised too.

Investors sentiment increased to 0.86 in Q4 2016. Its up 0.11, from 0.75 in 2016Q3. It increased, as 42 investors sold DE shares while 337 reduced holdings. 118 funds opened positions while 208 raised stakes. 212.97 million shares or 4.33% less from 222.62 million shares in 2016Q3 were reported. L & S Advsrs Inc reported 3,210 shares. 5,000 are held by Ellington Mgmt Group Lc. Ws Mgmt Lllp has invested 0.56% in Deere & Company (NYSE:DE). Fiduciary Tru has 11,566 shares for 0.04% of their portfolio. Bollard Gp Limited Liability Company reported 76,708 shares. Regions Financial owns 32,506 shares or 0.04% of their US portfolio. Signature Mgmt Inc holds 0.1% of its portfolio in Deere & Company (NYSE:DE) for 2,600 shares. James Invest Inc holds 0.84% of its portfolio in Deere & Company (NYSE:DE) for 315,192 shares. 88,810 are owned by Shell Asset. Engineers Gate Manager Limited Partnership, New York-based fund reported 22,585 shares. Apriem stated it has 0.01% of its portfolio in Deere & Company (NYSE:DE). Tiedemann Wealth Llc reported 0.02% in Deere & Company (NYSE:DE). City Holdg Co has 20,494 shares. California State Teachers Retirement holds 670,131 shares. Qs Ltd Limited Liability Company holds 0.03% or 36,001 shares.

Since December 1, 2016, it had 0 insider purchases, and 5 sales for $5.53 million activity. 6,624 shares were sold by Howze Marc A, worth $792,135 on Friday, May 19. Reed Cory J also sold $688,923 worth of Deere & Company (NYSE:DE) shares. Field James M. also sold $5.08M worth of Deere & Company (NYSE:DE) on Thursday, December 1. On Wednesday, February 22 the insider ALLEN SAMUEL R sold $3.15 million.