Jump Financial LLC Buys Shares of 20,479 The Andersons, Inc. (NASDAQ:ANDE)

Jump Financial LLC acquired a new stake in shares of The Andersons, Inc. (NASDAQ:ANDE - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 20,479 shares of the basic materials company's stock, valued at approximately $830,000. Jump Financial LLC owned about 0.06% of Andersons at the end of the most recent reporting period.

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

Andersons Price Performance

NASDAQ ANDE traded down $0.08 during trading hours on Friday, reaching $38.02. The company's stock had a trading volume of 130,962 shares, compared to its average volume of 244,977. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.65 and a quick ratio of 0.90. The Andersons, Inc. has a 1-year low of $35.88 and a 1-year high of $57.78. The company's 50-day moving average is $41.30 and its two-hundred day moving average is $43.43. The firm has a market capitalization of $1.30 billion, a price-to-earnings ratio of 11.45 and a beta of 0.55.

Andersons (NASDAQ:ANDE - Get Free Report) last released its quarterly earnings results on Tuesday, February 18th. The basic materials company reported $1.36 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.02 by $0.34. The firm 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, equities analysts predict that The Andersons, Inc. will post 3.11 EPS for the current year.

Andersons Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 22nd. Stockholders of record on Tuesday, April 1st were given a $0.195 dividend. The ex-dividend date was Tuesday, April 1st. This represents a $0.78 annualized dividend and a dividend yield of 2.05%. Andersons's dividend payout ratio (DPR) is presently 23.49%.

Analyst Ratings Changes

ANDE has been the topic of several recent research reports. StockNews.com lowered Andersons from a "buy" rating to a "hold" rating in a research report on Thursday, February 20th. Stephens restated an "overweight" rating and set a $55.00 price target on shares of Andersons in a research report on Wednesday, February 19th.

Insider Transactions at Andersons

In other Andersons news, VP Weston Heide sold 800 shares of the firm's stock in a transaction on Wednesday, February 19th. The stock was sold at an average price of $48.00, for a total value of $38,400.00. Following the transaction, the vice president now owns 16,104 shares in the company, valued at approximately $772,992. This trade represents a 4.73 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 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.