Quantbot Technologies LP Has $437,000 Position in The Andersons, Inc. (NASDAQ:ANDE)

Quantbot Technologies LP raised its position in shares of The Andersons, Inc. (NASDAQ:ANDE - Free Report) by 1,319.5% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 10,774 shares of the basic materials company's stock after purchasing an additional 10,015 shares during the period. Quantbot Technologies LP's holdings in Andersons were worth $437,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. State Street Corp boosted its position in shares of Andersons by 2.2% during the third quarter. State Street Corp now owns 1,337,344 shares of the basic materials company's stock worth $67,054,000 after buying an additional 28,773 shares during the period. Nordea Investment Management AB boosted its position in Andersons by 86.5% during the 4th quarter. Nordea Investment Management AB now owns 101,099 shares of the basic materials company's stock worth $4,110,000 after acquiring an additional 46,903 shares during the period. Proficio Capital Partners LLC bought a new position in shares of Andersons in the fourth quarter worth $728,000. Peoples Bank KS grew 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 purchasing an additional 500 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its holdings in shares of Andersons by 23.6% during the third quarter. Charles Schwab Investment Management Inc. now owns 652,579 shares of the basic materials company's stock valued at $32,720,000 after purchasing an additional 124,468 shares during the period. Institutional investors own 87.06% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on ANDE shares. Stephens reaffirmed an "overweight" rating and issued a $55.00 price objective on shares of Andersons in a report on Wednesday, February 19th. StockNews.com lowered shares of Andersons from a "buy" rating to a "hold" rating in a research note on Thursday, February 20th.

Andersons Price Performance

Shares of ANDE stock traded up $0.20 during mid-day trading on Wednesday, hitting $43.57. 222,195 shares of the stock traded hands, compared to its average volume of 237,174. The company's 50-day simple moving average is $42.45 and its 200-day simple moving average is $44.81. The Andersons, Inc. has a twelve month low of $39.25 and a twelve month high of $61.46. The firm has a market cap of $1.49 billion, a price-to-earnings ratio of 13.12 and a beta of 0.48. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.90 and a current ratio of 1.65.

Andersons (NASDAQ:ANDE - Get Free Report) last issued its quarterly earnings results on Tuesday, February 18th. The basic materials company reported $1.36 earnings per share for the quarter, beating analysts' consensus estimates of $1.02 by $0.34. The company had revenue of $3.12 billion during the quarter, compared to the consensus estimate of $2.72 billion. Andersons had a net margin of 1.01% and a return on equity of 7.59%. As a group, equities research analysts expect that The Andersons, Inc. will post 3.11 earnings per share for the current year.

Andersons Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 22nd. Shareholders of record on Tuesday, April 1st will be given a $0.195 dividend. The ex-dividend date of this dividend is Tuesday, April 1st. This represents a $0.78 annualized dividend and a yield of 1.79%. Andersons's dividend payout ratio (DPR) is 23.49%.

Insider Buying and Selling at Andersons

In related news, VP Weston Heide sold 800 shares of Andersons stock in a transaction dated 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 of the company's stock, 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 can be accessed through this hyperlink. 4.30% of the stock is owned by corporate insiders.

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.