Trilogy Capital Inc. Has $696,000 Stock Holdings in Archer-Daniels-Midland Company (NYSE:ADM)

Trilogy Capital Inc. cut its stake in Archer-Daniels-Midland Company (NYSE:ADM - Free Report) by 68.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 13,783 shares of the company's stock after selling 29,900 shares during the quarter. Trilogy Capital Inc.'s holdings in Archer-Daniels-Midland were worth $696,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the stock. Empower Advisory Group LLC increased its position in Archer-Daniels-Midland by 6.4% during the third quarter. Empower Advisory Group LLC now owns 1,138,455 shares of the company's stock worth $68,011,000 after buying an additional 68,133 shares during the last quarter. Kieckhefer Group LLC acquired a new position in Archer-Daniels-Midland during the fourth quarter worth $2,339,000. Nordea Investment Management AB increased its position in Archer-Daniels-Midland by 30.7% during the fourth quarter. Nordea Investment Management AB now owns 2,082,442 shares of the company's stock worth $105,163,000 after buying an additional 489,217 shares during the last quarter. Pacer Advisors Inc. increased its position in Archer-Daniels-Midland by 6.4% during the third quarter. Pacer Advisors Inc. now owns 8,086,446 shares of the company's stock worth $483,084,000 after buying an additional 489,554 shares during the last quarter. Finally, Marathon Asset Management Ltd increased its position in Archer-Daniels-Midland by 4.5% during the third quarter. Marathon Asset Management Ltd now owns 303,155 shares of the company's stock worth $18,110,000 after buying an additional 13,177 shares during the last quarter. 78.28% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

ADM has been the subject of a number of recent analyst reports. Barclays decreased their price target on shares of Archer-Daniels-Midland from $56.00 to $50.00 and set an "underweight" rating for the company in a report on Tuesday, January 21st. Bank of America cut shares of Archer-Daniels-Midland from a "neutral" rating to an "underperform" rating and decreased their price target for the company from $63.00 to $54.00 in a report on Tuesday, January 14th. Stephens decreased their price target on shares of Archer-Daniels-Midland from $55.00 to $52.00 in a report on Tuesday, February 4th. BMO Capital Markets reduced their target price on shares of Archer-Daniels-Midland from $51.00 to $49.00 and set a "market perform" rating for the company in a research note on Wednesday, February 5th. Finally, Morgan Stanley reduced their target price on shares of Archer-Daniels-Midland from $57.00 to $52.00 and set an "equal weight" rating for the company in a research note on Tuesday, November 12th. Two analysts have rated the stock with a sell rating and seven have issued a hold rating to the company. According to data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $56.33.

Archer-Daniels-Midland Price Performance

Shares of NYSE:ADM traded up $0.00 on Monday, hitting $45.76. The stock had a trading volume of 1,852,475 shares, compared to its average volume of 3,539,482. Archer-Daniels-Midland Company has a twelve month low of $45.01 and a twelve month high of $66.08. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.84 and a current ratio of 5.44. The firm's 50 day moving average price is $50.72 and its 200-day moving average price is $55.33. The company has a market capitalization of $21.90 billion, a price-to-earnings ratio of 12.67 and a beta of 0.72.

Archer-Daniels-Midland (NYSE:ADM - Get Free Report) last issued its quarterly earnings results on Tuesday, February 4th. The company reported $1.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.07 by $0.07. The business had revenue of $21.50 billion for the quarter, compared to the consensus estimate of $22.77 billion. Archer-Daniels-Midland had a net margin of 2.10% and a return on equity of 10.44%. The firm's quarterly revenue was down 6.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.36 EPS. On average, equities research analysts predict that Archer-Daniels-Midland Company will post 4.53 earnings per share for the current year.

Archer-Daniels-Midland Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 11th. Investors of record on Tuesday, February 18th will be given a dividend of $0.51 per share. This is an increase 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 annualized dividend and a yield of 4.46%. Archer-Daniels-Midland's dividend payout ratio is 55.40%.

Archer-Daniels-Midland declared that its Board of Directors has initiated a stock buyback program on Wednesday, December 11th that authorizes the company to buyback 100,000,000 outstanding shares. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock buyback programs are generally an indication that the company's leadership believes its shares are undervalued.

About Archer-Daniels-Midland

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.