The Andersons, Inc. (NASDAQ:ANDE) VP Sells $38,400.00 in Stock

The Andersons, Inc. (NASDAQ:ANDE - Get Free Report) VP Weston Heide sold 800 shares of the business's stock in a transaction that occurred on Wednesday, February 19th. The stock was sold at an average price of $48.00, for a total value of $38,400.00. Following the sale, the vice president now directly owns 16,104 shares in the company, valued at $772,992. This trade represents a 4.73 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Andersons Price Performance

Shares of Andersons stock traded down $0.64 during trading on Friday, hitting $45.53. 382,493 shares of the company were exchanged, compared to its average volume of 280,684. The firm has a 50 day moving average price of $41.86 and a 200 day moving average price of $45.94. The company has a quick ratio of 1.23, a current ratio of 1.65 and a debt-to-equity ratio of 0.38. The stock has a market capitalization of $1.55 billion, a price-to-earnings ratio of 13.71 and a beta of 0.58. The Andersons, Inc. has a fifty-two week low of $39.25 and a fifty-two week high of $61.46.

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 the consensus estimate 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 return on equity of 7.59% and a net margin of 1.01%. On average, equities analysts expect that The Andersons, Inc. will post 3.11 earnings per share for the current fiscal 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 issued 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 1.71%. Andersons's dividend payout ratio (DPR) is presently 23.49%.

Analysts Set New Price Targets

Several research analysts recently issued reports on the company. Stephens restated an "overweight" rating and set a $55.00 price objective on shares of Andersons in a research report on Wednesday. StockNews.com downgraded Andersons from a "buy" rating to a "hold" rating in a research report on Thursday.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Peoples Bank KS raised its holdings in Andersons by 250.0% in 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 increased its holdings in shares of Andersons by 70.3% during the 4th quarter. KBC Group NV now owns 1,558 shares of the basic materials company's stock worth $63,000 after buying an additional 643 shares during the last quarter. Truvestments Capital LLC acquired a new stake in shares of Andersons during the 3rd quarter worth $98,000. EverSource Wealth Advisors LLC increased its holdings in shares of Andersons by 16.8% during the 4th quarter. EverSource Wealth Advisors LLC now owns 2,866 shares of the basic materials company's stock worth $116,000 after buying an additional 412 shares during the last quarter. Finally, Point72 Hong Kong Ltd acquired a new stake in shares of Andersons during the 4th quarter worth $189,000. 87.06% of the stock is currently owned by institutional investors and hedge funds.

About Andersons

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.