Empowered Funds LLC Has $9.36 Million Stake in The Andersons, Inc. (NASDAQ:ANDE)

Empowered Funds LLC increased its position in The Andersons, Inc. (NASDAQ:ANDE - Free Report) by 5.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 232,213 shares of the basic materials company's stock after buying an additional 12,792 shares during the quarter. Empowered Funds LLC owned about 0.68% of Andersons worth $9,364,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of ANDE. Peoples Bank KS lifted its position in shares of Andersons by 250.0% during the 4th quarter. Peoples Bank KS now owns 700 shares of the basic materials company's stock valued at $28,000 after acquiring an additional 500 shares during the last quarter. KBC Group NV raised its position in shares of Andersons by 70.3% during the fourth quarter. KBC Group NV now owns 1,558 shares of the basic materials company's stock worth $63,000 after purchasing an additional 643 shares during the period. Truvestments Capital LLC purchased a new stake in shares of Andersons during the third quarter valued at $98,000. Systematic Financial Management LP acquired a new position in shares of Andersons in the 3rd quarter valued at $227,000. Finally, Inspire Advisors LLC increased its stake in Andersons by 11.8% in the 3rd quarter. Inspire Advisors LLC now owns 4,547 shares of the basic materials company's stock worth $228,000 after purchasing an additional 480 shares in the last quarter. Institutional investors own 87.06% of the company's stock.

Insider Transactions at Andersons

In related news, insider Joseph E. Mcneely sold 2,382 shares of the stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $47.73, for a total transaction of $113,692.86. Following the completion of the sale, the insider now directly owns 49,601 shares in the company, valued at approximately $2,367,455.73. This trade represents a 4.58 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 5.10% of the stock is owned by insiders.

Andersons Stock Up 1.0 %

Shares of ANDE stock traded up $0.41 on Thursday, reaching $40.80. 210,831 shares of the company's stock traded hands, compared to its average volume of 243,336. The company has a market capitalization of $1.39 billion, a P/E ratio of 11.66 and a beta of 0.58. The Andersons, Inc. has a 12-month low of $39.25 and a 12-month high of $61.46. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.23 and a current ratio of 1.98. The business's 50 day moving average price is $42.12 and its two-hundred day moving average price is $46.31.

Andersons Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 22nd. Stockholders of record on Tuesday, April 1st will be issued a $0.195 dividend. The ex-dividend date of this dividend is Tuesday, April 1st. This represents a $0.78 dividend on an annualized basis and a dividend yield of 1.91%. Andersons's dividend payout ratio is 22.29%.

Wall Street Analyst Weigh In

ANDE has been the subject of a number of analyst reports. StockNews.com raised shares of Andersons from a "hold" rating to a "buy" rating in a research note on Wednesday. Stephens reaffirmed an "overweight" rating and issued a $60.00 price objective on shares of Andersons in a research note on Thursday, January 2nd.

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.