Strategic Financial Concepts LLC Invests $1.01 Million in Archer-Daniels-Midland Company (NYSE:ADM)

Strategic Financial Concepts LLC bought a new position in Archer-Daniels-Midland Company (NYSE:ADM - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 19,900 shares of the company's stock, valued at approximately $1,005,000.

Other large investors have also added to or reduced their stakes in the company. PUREfi Wealth LLC purchased a new stake in shares of Archer-Daniels-Midland in the 4th quarter valued at about $251,000. Valeo Financial Advisors LLC raised its holdings in shares of Archer-Daniels-Midland by 38.5% during the 4th quarter. Valeo Financial Advisors LLC now owns 6,154 shares of the company's stock valued at $311,000 after buying an additional 1,711 shares in the last quarter. AustralianSuper Pty Ltd raised its holdings in shares of Archer-Daniels-Midland by 26.4% during the 4th quarter. AustralianSuper Pty Ltd now owns 1,730,182 shares of the company's stock valued at $87,409,000 after buying an additional 360,844 shares in the last quarter. Asset Planning Inc purchased a new position in shares of Archer-Daniels-Midland during the 4th quarter valued at about $31,000. Finally, Vontobel Holding Ltd. raised its holdings in shares of Archer-Daniels-Midland by 21.8% during the 4th quarter. Vontobel Holding Ltd. now owns 18,271 shares of the company's stock valued at $923,000 after buying an additional 3,276 shares in the last quarter. Institutional investors own 78.28% of the company's stock.

Analyst Ratings Changes

A number of equities analysts recently weighed in on ADM shares. Morgan Stanley decreased their price objective on Archer-Daniels-Midland from $52.00 to $47.00 and set an "equal weight" rating on the stock in a report on Tuesday, February 11th. BMO Capital Markets decreased their price objective on Archer-Daniels-Midland from $51.00 to $49.00 and set a "market perform" rating on the stock in a report on Wednesday, February 5th. Barclays decreased their price objective on Archer-Daniels-Midland from $56.00 to $50.00 and set an "underweight" rating on the stock in a report on Tuesday, January 21st. Bank of America reduced their price target on Archer-Daniels-Midland from $54.00 to $48.00 and set an "underperform" rating on the stock in a research report on Tuesday, February 11th. Finally, Stephens reduced their price target on Archer-Daniels-Midland from $55.00 to $52.00 in a research report on Tuesday, February 4th. Two equities research analysts have rated the stock with a sell rating and seven have issued a hold rating to the company. According to MarketBeat, Archer-Daniels-Midland currently has an average rating of "Hold" and a consensus target price of $55.11.

Archer-Daniels-Midland Stock Up 3.8 %

Shares of NYSE ADM traded up $1.75 during mid-day trading on Friday, hitting $48.30. 5,484,763 shares of the stock traded hands, compared to its average volume of 3,658,133. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.84 and a current ratio of 5.44. Archer-Daniels-Midland Company has a 52 week low of $44.92 and a 52 week high of $66.08. The company has a market cap of $23.11 billion, a price-to-earnings ratio of 13.38, a PEG ratio of 1.47 and a beta of 0.72. The stock has a fifty day moving average price of $49.55 and a 200-day moving average price of $54.42.

Archer-Daniels-Midland (NYSE:ADM - Get Free Report) last announced its quarterly earnings data 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. The business had revenue of $21.50 billion during the quarter, compared to analysts' expectations of $22.77 billion. Archer-Daniels-Midland had a return on equity of 10.44% and a net margin of 2.10%. The firm's quarterly revenue was down 6.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.36 earnings per share. Research analysts anticipate that Archer-Daniels-Midland Company will post 4.31 EPS for the current year.

Archer-Daniels-Midland Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 11th. Shareholders of record on Tuesday, February 18th will be paid a dividend of $0.51 per share. This is a boost from Archer-Daniels-Midland's previous quarterly dividend of $0.50. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $2.04 dividend on an annualized basis and a yield of 4.22%. Archer-Daniels-Midland's payout ratio is presently 56.51%.

Archer-Daniels-Midland declared that its Board of Directors has initiated a share buyback plan on Wednesday, December 11th that authorizes the company to buyback 100,000,000 shares. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock buyback plans are usually a sign that the company's management believes its shares are undervalued.

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.