AGCO Co. (NYSE:AGCO) Shares Acquired by Stratos Wealth Advisors LLC

Stratos Wealth Advisors LLC grew its position in shares of AGCO Co. (NYSE:AGCO - Free Report) by 42.3% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 17,064 shares of the industrial products company's stock after buying an additional 5,069 shares during the quarter. Stratos Wealth Advisors LLC's holdings in AGCO were worth $1,670,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of AGCO. Vanguard Group Inc. increased its holdings in shares of AGCO by 11.6% in the 1st quarter. Vanguard Group Inc. now owns 7,565,114 shares of the industrial products company's stock valued at $930,660,000 after purchasing an additional 784,617 shares in the last quarter. Victory Capital Management Inc. increased its holdings in shares of AGCO by 1.7% in the 2nd quarter. Victory Capital Management Inc. now owns 3,699,964 shares of the industrial products company's stock valued at $362,152,000 after purchasing an additional 63,432 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of AGCO by 17.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 2,259,699 shares of the industrial products company's stock valued at $221,187,000 after purchasing an additional 335,092 shares in the last quarter. Massachusetts Financial Services Co. MA increased its holdings in shares of AGCO by 28.0% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 1,791,202 shares of the industrial products company's stock valued at $175,323,000 after purchasing an additional 391,591 shares in the last quarter. Finally, AQR Capital Management LLC increased its holdings in shares of AGCO by 53.0% in the 2nd quarter. AQR Capital Management LLC now owns 1,747,954 shares of the industrial products company's stock valued at $171,090,000 after purchasing an additional 605,509 shares in the last quarter. Hedge funds and other institutional investors own 78.80% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the stock. The Goldman Sachs Group dropped their target price on shares of AGCO from $127.00 to $112.00 and set a "neutral" rating for the company in a report on Thursday, July 11th. JPMorgan Chase & Co. decreased their price target on shares of AGCO from $130.00 to $115.00 and set an "overweight" rating on the stock in a research note on Wednesday, July 31st. StockNews.com cut shares of AGCO from a "hold" rating to a "sell" rating in a research note on Thursday, August 1st. Robert W. Baird decreased their price target on shares of AGCO from $139.00 to $129.00 and set an "outperform" rating on the stock in a research note on Wednesday, July 31st. Finally, UBS Group decreased their price target on shares of AGCO from $107.00 to $104.00 and set a "neutral" rating on the stock in a research note on Wednesday, July 31st. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $117.80.

Insider Activity at AGCO

In other AGCO news, Director Lange Bob De acquired 1,420 shares of the stock in a transaction that occurred on Monday, August 5th. The stock was acquired at an average price of $87.91 per share, with a total value of $124,832.20. Following the transaction, the director now directly owns 7,007 shares in the company, valued at approximately $615,985.37. This represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other news, Director Lange Bob De bought 1,420 shares of the firm's stock in a transaction on Monday, August 5th. The stock was purchased at an average price of $87.91 per share, for a total transaction of $124,832.20. Following the transaction, the director now owns 7,007 shares in the company, valued at approximately $615,985.37. This trade represents a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Michael C. Arnold bought 1,800 shares of the firm's stock in a transaction on Wednesday, August 7th. The stock was purchased at an average price of $87.69 per share, with a total value of $157,842.00. Following the transaction, the director now owns 20,465 shares in the company, valued at $1,794,575.85. The trade was a 0.00 % increase in their position. The disclosure for this purchase can be found here. Insiders own 16.60% of the company's stock.

AGCO Stock Down 3.1 %

Shares of AGCO traded down $3.12 during midday trading on Monday, hitting $98.62. The company had a trading volume of 590,741 shares, compared to its average volume of 763,540. The company's 50 day moving average price is $93.01 and its 200 day moving average price is $101.37. The stock has a market cap of $7.36 billion, a price-to-earnings ratio of 6.73, a PEG ratio of 0.91 and a beta of 1.25. AGCO Co. has a 52 week low of $84.35 and a 52 week high of $130.26. The company has a quick ratio of 0.72, a current ratio of 1.52 and a debt-to-equity ratio of 0.89.

AGCO (NYSE:AGCO - Get Free Report) last released its earnings results on Tuesday, July 30th. The industrial products company reported $2.53 earnings per share for the quarter, missing the consensus estimate of $2.90 by ($0.37). The company had revenue of $3.25 billion during the quarter, compared to the consensus estimate of $3.48 billion. AGCO had a return on equity of 21.17% and a net margin of 3.13%. AGCO's revenue for the quarter was down 15.1% on a year-over-year basis. During the same period in the previous year, the firm posted $4.29 EPS. On average, equities research analysts predict that AGCO Co. will post 8 EPS for the current year.

AGCO Profile

AGCO Corporation manufactures and distributes agricultural equipment and related replacement parts worldwide. It offers horsepower tractors for row crop production, soil cultivation, planting, land leveling, seeding, and commercial hay operations; utility tractors for small- and medium-sized farms, as well as for dairy, livestock, orchards, and vineyards; and compact tractors for small farms, specialty agricultural industries, landscaping, equestrian, and residential uses.