9,640 Shares in The Andersons, Inc. (NASDAQ:ANDE) Bought by XTX Topco Ltd

XTX Topco Ltd bought a new stake in The Andersons, Inc. (NASDAQ:ANDE - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 9,640 shares of the basic materials company's stock, valued at approximately $391,000.

Other institutional investors have also modified their holdings of the company. Nordea Investment Management AB lifted its holdings in Andersons by 86.5% during the 4th quarter. Nordea Investment Management AB now owns 101,099 shares of the basic materials company's stock worth $4,110,000 after buying an additional 46,903 shares during the last quarter. Proficio Capital Partners LLC purchased a new stake in Andersons during the fourth quarter worth approximately $728,000. Peoples Bank KS boosted its holdings in Andersons by 250.0% in the fourth quarter. Peoples Bank KS now owns 700 shares of the basic materials company's stock valued at $28,000 after purchasing an additional 500 shares in the last quarter. Geode Capital Management LLC increased its stake in Andersons by 1.9% in the third quarter. Geode Capital Management LLC now owns 785,139 shares of the basic materials company's stock valued at $39,374,000 after purchasing an additional 14,634 shares during the last quarter. Finally, Empowered Funds LLC raised its holdings in Andersons by 5.8% during the fourth quarter. Empowered Funds LLC now owns 232,213 shares of the basic materials company's stock worth $9,364,000 after purchasing an additional 12,792 shares in the last quarter. 87.06% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts have recently issued reports on the stock. StockNews.com cut shares of Andersons from a "buy" rating to a "hold" rating in a report on Thursday, February 20th. Stephens reaffirmed an "overweight" rating and set a $55.00 price objective on shares of Andersons in a report on Wednesday, February 19th.

Andersons Trading Up 1.6 %

ANDE opened at $37.88 on Wednesday. The company has a quick ratio of 0.90, a current ratio of 1.65 and a debt-to-equity ratio of 0.38. The Andersons, Inc. has a 52 week low of $35.88 and a 52 week high of $61.46. The business's 50 day moving average is $41.40 and its two-hundred day moving average is $43.55. The firm has a market cap of $1.30 billion, a price-to-earnings ratio of 11.41 and a beta of 0.55.

Andersons (NASDAQ:ANDE - Get Free Report) last announced its earnings results on Tuesday, February 18th. The basic materials company reported $1.36 EPS for the quarter, beating analysts' consensus estimates of $1.02 by $0.34. The business had revenue of $3.12 billion for the quarter, compared to analysts' expectations of $2.72 billion. Andersons had a net margin of 1.01% and a return on equity of 7.59%. On average, research analysts predict that The Andersons, Inc. will post 3.11 EPS for the current year.

Andersons Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 22nd. Stockholders of record on Tuesday, April 1st were paid a dividend of $0.195 per share. The ex-dividend date of this dividend was Tuesday, April 1st. This represents a $0.78 annualized dividend and a dividend yield of 2.06%. Andersons's dividend payout ratio (DPR) is 23.49%.

Insider Buying and Selling

In other news, VP Weston Heide sold 800 shares of the company's stock in a transaction that occurred on Wednesday, February 19th. The stock was sold at an average price of $48.00, for a total transaction of $38,400.00. Following the completion of the sale, the vice president now owns 16,104 shares in the company, valued at $772,992. This represents a 4.73 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 4.30% of the company's stock.

Andersons Profile

The Andersons, Inc operates in trade, renewables, and nutrient and industrial sectors in the United States, Canada, Mexico, Egypt, Switzerland, and internationally. It operates through three segments: Trade, Renewables, and Nutrient & Industrial. The company's Trade segment operates grain elevators; stores commodities; and provides grain marketing, risk management, and origination services, as well as sells commodities, such as corn, soybeans, wheat, oats, ethanol, and corn oil.

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