Marshall Wace LLP Has $15.86 Million Stake in Archer-Daniels-Midland Company (NYSE:ADM)

Marshall Wace LLP increased its holdings in shares of Archer-Daniels-Midland Company (NYSE:ADM - Free Report) by 1,344.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 313,966 shares of the company's stock after purchasing an additional 292,231 shares during the period. Marshall Wace LLP owned 0.07% of Archer-Daniels-Midland worth $15,862,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. West Financial Advisors LLC increased its position in shares of Archer-Daniels-Midland by 10.1% during the fourth quarter. West Financial Advisors LLC now owns 2,201 shares of the company's stock worth $111,000 after acquiring an additional 201 shares during the last quarter. Hantz Financial Services Inc. grew its position in shares of Archer-Daniels-Midland by 10.8% in the 4th quarter. Hantz Financial Services Inc. now owns 2,152 shares of the company's stock worth $109,000 after acquiring an additional 210 shares in the last quarter. Invesco LLC increased its holdings in shares of Archer-Daniels-Midland by 1.3% in the 4th quarter. Invesco LLC now owns 16,242 shares of the company's stock valued at $821,000 after acquiring an additional 211 shares during the last quarter. Advisor OS LLC raised its position in shares of Archer-Daniels-Midland by 4.9% during the 4th quarter. Advisor OS LLC now owns 4,565 shares of the company's stock valued at $231,000 after acquiring an additional 212 shares in the last quarter. Finally, Advisory Alpha LLC lifted its stake in Archer-Daniels-Midland by 2.8% during the fourth quarter. Advisory Alpha LLC now owns 7,952 shares of the company's stock worth $402,000 after purchasing an additional 216 shares during the last quarter. Institutional investors and hedge funds own 78.28% of the company's stock.

Analysts Set New Price Targets

Several analysts recently issued reports on ADM shares. Citigroup cut their price target on Archer-Daniels-Midland from $51.00 to $49.00 and set a "neutral" rating on the stock in a report on Tuesday, April 15th. Morgan Stanley decreased their price target 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. Barclays cut their target price on Archer-Daniels-Midland from $50.00 to $48.00 and set an "underweight" rating for the company in a research report on Monday, February 24th. Stephens cut their price target on shares of Archer-Daniels-Midland from $55.00 to $52.00 in a report on Tuesday, February 4th. Finally, Bank of America upgraded Archer-Daniels-Midland from an "underperform" rating to a "neutral" rating and cut their price objective for the company from $48.00 to $47.00 in a research report on Tuesday, April 15th. One analyst has rated the stock with a sell rating and seven have given a hold rating to the stock. According to data from MarketBeat, Archer-Daniels-Midland currently has an average rating of "Hold" and a consensus price target of $52.75.

Archer-Daniels-Midland Stock Performance

Archer-Daniels-Midland stock traded up $0.68 on Thursday, hitting $48.80. The company's stock had a trading volume of 2,151,578 shares, compared to its average volume of 3,618,665. Archer-Daniels-Midland Company has a one year low of $40.98 and a one year high of $66.08. The company has a quick ratio of 0.81, a current ratio of 1.39 and a debt-to-equity ratio of 0.34. The firm has a market cap of $23.41 billion, a P/E ratio of 13.52, a price-to-earnings-growth ratio of 1.54 and a beta of 0.66. The company has a fifty day moving average price of $46.76 and a 200-day moving average price of $50.37.

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

Archer-Daniels-Midland Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 11th. Shareholders of record on Tuesday, February 18th were issued a dividend of $0.51 per share. The ex-dividend date was Tuesday, February 18th. This represents a $2.04 dividend on an annualized basis and a yield of 4.18%. This is a boost from Archer-Daniels-Midland's previous quarterly dividend of $0.50. Archer-Daniels-Midland's dividend payout ratio (DPR) is 56.51%.

Archer-Daniels-Midland 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.