Archer-Daniels-Midland Company (NYSE:ADM) Shares Sold by Natixis Advisors LLC

Natixis Advisors LLC cut its stake in Archer-Daniels-Midland Company (NYSE:ADM - Free Report) by 33.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 111,705 shares of the company's stock after selling 57,094 shares during the period. Natixis Advisors LLC's holdings in Archer-Daniels-Midland were worth $5,643,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Fairway Wealth LLC purchased a new position in Archer-Daniels-Midland in the 4th quarter valued at approximately $25,000. Raleigh Capital Management Inc. increased its position in shares of Archer-Daniels-Midland by 179.4% in the fourth quarter. Raleigh Capital Management Inc. now owns 556 shares of the company's stock valued at $28,000 after buying an additional 357 shares in the last quarter. Stonebridge Financial Group LLC acquired a new position in shares of Archer-Daniels-Midland during the 4th quarter worth $28,000. ST Germain D J Co. Inc. grew its stake in Archer-Daniels-Midland by 724.6% in the 4th quarter. ST Germain D J Co. Inc. now owns 569 shares of the company's stock valued at $29,000 after acquiring an additional 500 shares during the last quarter. Finally, Crews Bank & Trust purchased a new position in Archer-Daniels-Midland during the 4th quarter valued at about $30,000. 78.28% of the stock is currently owned by institutional investors and hedge funds.

Archer-Daniels-Midland Trading Up 2.1 %

Shares of ADM traded up $0.96 during mid-day trading on Wednesday, reaching $47.01. The company had a trading volume of 2,984,493 shares, compared to its average volume of 3,441,821. The stock has a market cap of $22.55 billion, a price-to-earnings ratio of 13.02, a price-to-earnings-growth ratio of 1.54 and a beta of 0.67. The company has a current ratio of 1.39, a quick ratio of 0.81 and a debt-to-equity ratio of 0.34. The firm has a fifty day simple moving average of $48.10 and a 200-day simple moving average of $52.38. Archer-Daniels-Midland Company has a fifty-two week low of $44.92 and a fifty-two week high of $66.08.

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Archer-Daniels-Midland (NYSE:ADM - Get Free Report) last announced its quarterly earnings results on Tuesday, February 4th. The company reported $1.14 EPS for the quarter, topping the consensus estimate of $1.07 by $0.07. Archer-Daniels-Midland had a return on equity of 10.44% and a net margin of 2.10%. The company had revenue of $21.50 billion during the quarter, compared to analyst estimates of $22.77 billion. During the same period in the prior year, the firm posted $1.36 earnings per share. The firm's revenue was down 6.4% on a year-over-year basis. On average, sell-side analysts anticipate that Archer-Daniels-Midland Company will post 4.31 EPS for the current fiscal year.

Archer-Daniels-Midland announced that its Board of Directors has initiated a stock repurchase plan on Wednesday, December 11th that authorizes the company to repurchase 100,000,000 shares. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's management believes its shares are undervalued.

Archer-Daniels-Midland Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 11th. Stockholders of record on Tuesday, February 18th were paid a $0.51 dividend. This represents a $2.04 dividend on an annualized basis and a dividend yield of 4.34%. The ex-dividend date was Tuesday, February 18th. This is an increase from Archer-Daniels-Midland's previous quarterly dividend of $0.50. Archer-Daniels-Midland's dividend payout ratio (DPR) is currently 56.51%.

Analyst Upgrades and Downgrades

Several analysts have issued reports on ADM shares. Barclays reduced their price target on shares of Archer-Daniels-Midland from $50.00 to $48.00 and set an "underweight" rating on the stock in a report on Monday, February 24th. Bank of America lowered their target price on Archer-Daniels-Midland from $54.00 to $48.00 and set an "underperform" rating on the stock in a report on Tuesday, February 11th. Citigroup boosted their price target on Archer-Daniels-Midland from $51.00 to $55.00 and gave the stock a "neutral" rating in a report on Wednesday, December 4th. Morgan Stanley decreased their price objective on Archer-Daniels-Midland from $52.00 to $47.00 and set an "equal weight" rating on the stock in a research note on Tuesday, February 11th. Finally, BMO Capital Markets cut their target price on shares of Archer-Daniels-Midland from $51.00 to $49.00 and set a "market perform" rating for the company in a research note on Wednesday, February 5th. Two investment analysts have rated the stock with a sell rating and six have assigned a hold rating to the company's stock. Based on data from MarketBeat, Archer-Daniels-Midland has an average rating of "Hold" and a consensus target price of $53.63.

About Archer-Daniels-Midland

Archer-Daniels-Midland Company engages in the procurement, transportation, storage, processing, and merchandising of agricultural commodities, ingredients, flavors, and solutions in the United States, Switzerland, the Cayman Islands, Brazil, Mexico, Canada, the United Kingdom, and internationally. It operates in three segments: Ag Services and Oilseeds, Carbohydrate Solutions, and Nutrition.