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

Natixis decreased its stake in Archer-Daniels-Midland Company (NYSE:ADM - Free Report) by 54.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 51,153 shares of the company's stock after selling 61,135 shares during the period. Natixis' holdings in Archer-Daniels-Midland were worth $2,584,000 as of its most recent SEC filing.

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

Archer-Daniels-Midland Stock Down 1.1 %

Shares of ADM stock traded down $0.54 during mid-day trading on Friday, reaching $48.24. 2,261,729 shares of the company were exchanged, compared to its average volume of 3,616,807. The business's 50 day simple moving average is $46.86 and its 200 day simple moving average is $50.23. Archer-Daniels-Midland Company has a fifty-two week low of $40.98 and a fifty-two week high of $66.08. The company has a market capitalization of $23.14 billion, a P/E ratio of 13.36, a P/E/G ratio of 1.54 and a beta of 0.66. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.81 and a current ratio of 1.39.

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

Archer-Daniels-Midland Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 11th. Stockholders of record on Tuesday, February 18th were given a dividend of $0.51 per share. The ex-dividend date of this dividend was Tuesday, February 18th. This is an increase from Archer-Daniels-Midland's previous quarterly dividend of $0.50. This represents a $2.04 annualized dividend and a dividend yield of 4.23%. Archer-Daniels-Midland's payout ratio is currently 56.51%.

Analysts Set New Price Targets

ADM has been the subject of several recent research reports. Bank of America upgraded Archer-Daniels-Midland from an "underperform" rating to a "neutral" rating and lowered their price target for the company from $48.00 to $47.00 in a report on Tuesday, April 15th. Barclays dropped their target price on Archer-Daniels-Midland from $50.00 to $48.00 and set an "underweight" rating on the stock in a report on Monday, February 24th. BMO Capital Markets decreased their price target on Archer-Daniels-Midland from $51.00 to $49.00 and set a "market perform" rating for the company in a report on Wednesday, February 5th. Morgan Stanley dropped their price objective on shares of 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, Stephens decreased their target price on shares of Archer-Daniels-Midland from $55.00 to $52.00 in a research note on Tuesday, February 4th. One research analyst has rated the stock with a sell rating and seven have issued a hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $52.75.

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.