Archer-Daniels-Midland Company (NYSE:ADM) Shares Sold by Schroder Investment Management Group

Schroder Investment Management Group lessened its holdings in Archer-Daniels-Midland Company (NYSE:ADM - Free Report) by 8.6% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 68,088 shares of the company's stock after selling 6,429 shares during the quarter. Schroder Investment Management Group's holdings in Archer-Daniels-Midland were worth $3,409,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently bought and sold shares of ADM. Fairway Wealth LLC bought a new position in shares of Archer-Daniels-Midland during the 4th quarter worth $25,000. Raleigh Capital Management Inc. grew its position in shares of Archer-Daniels-Midland by 179.4% during the 4th quarter. Raleigh Capital Management Inc. now owns 556 shares of the company's stock worth $28,000 after buying an additional 357 shares in the last quarter. Stonebridge Financial Group LLC bought a new position in shares of Archer-Daniels-Midland during the 4th quarter worth $28,000. ST Germain D J Co. Inc. grew its position in shares of Archer-Daniels-Midland by 724.6% during the 4th quarter. ST Germain D J Co. Inc. now owns 569 shares of the company's stock worth $29,000 after buying an additional 500 shares in the last quarter. Finally, CoreFirst Bank & Trust bought a new position in shares of Archer-Daniels-Midland during the 4th quarter worth $30,000. Institutional investors own 78.28% of the company's stock.

Analysts Set New Price Targets

A number of research firms have recently issued reports on ADM. BMO Capital Markets dropped their price target on Archer-Daniels-Midland from $51.00 to $49.00 and set a "market perform" rating on the stock in a research report on Wednesday, February 5th. Barclays decreased their price objective on Archer-Daniels-Midland from $50.00 to $48.00 and set an "underweight" rating for the company in a research note on Monday, February 24th. Bank of America decreased their price objective on Archer-Daniels-Midland from $54.00 to $48.00 and set an "underperform" rating for the company in a research note on Tuesday, February 11th. Morgan Stanley decreased their price objective on Archer-Daniels-Midland from $52.00 to $47.00 and set an "equal weight" rating for the company in a research note on Tuesday, February 11th. Finally, Stephens decreased their price objective on Archer-Daniels-Midland from $55.00 to $52.00 in a research note on Tuesday, February 4th. Two investment analysts have rated the stock with a sell rating and six have issued a hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $53.63.

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Archer-Daniels-Midland Stock Down 0.2 %

Archer-Daniels-Midland stock traded down $0.10 during midday trading on Thursday, reaching $44.28. The company's stock had a trading volume of 960,819 shares, compared to its average volume of 3,623,977. The stock's 50-day simple moving average is $46.67 and its 200-day simple moving average is $51.17. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.39 and a quick ratio of 0.81. Archer-Daniels-Midland Company has a 52-week low of $40.98 and a 52-week high of $66.08. The stock has a market capitalization of $21.24 billion, a P/E ratio of 12.27, a PEG ratio of 1.54 and a beta of 0.66.

Archer-Daniels-Midland (NYSE:ADM - Get Free Report) last released its quarterly earnings results on Tuesday, February 4th. The company reported $1.14 EPS for the quarter, beating analysts' consensus estimates 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 analysts' expectations of $22.77 billion. During the same period last year, the business posted $1.36 earnings per share. The firm's revenue was down 6.4% compared to the same quarter last year. On average, sell-side analysts expect that Archer-Daniels-Midland Company will post 4.31 EPS for the current year.

Archer-Daniels-Midland Increases Dividend

The company also recently disclosed 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 annualized dividend and a dividend yield of 4.61%. This is a boost from Archer-Daniels-Midland's previous quarterly dividend of $0.50. The ex-dividend date was Tuesday, February 18th. Archer-Daniels-Midland's dividend payout ratio (DPR) is presently 56.51%.

Archer-Daniels-Midland announced that its board has approved a stock repurchase program on Wednesday, December 11th that authorizes the company to buyback 100,000,000 outstanding shares. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Shares buyback programs are usually an indication that the company's leadership believes its shares are undervalued.

Archer-Daniels-Midland Company Profile

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.