Archer Daniels Midland Co (ADM) Holdings Trimmed by Natixis Advisors L.P.

Natixis Advisors L.P. decreased its position in Archer Daniels Midland Co (NYSE:ADM) by 38.5% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 155,431 shares of the company’s stock after selling 97,494 shares during the period. Natixis Advisors L.P.’s holdings in Archer Daniels Midland were worth $6,368,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in ADM. Alpha Omega Wealth Management LLC purchased a new stake in Archer Daniels Midland during the 4th quarter valued at about $25,000. Cedar Wealth Management LLC purchased a new stake in Archer Daniels Midland during the 4th quarter valued at about $25,000. We Are One Seven LLC purchased a new stake in Archer Daniels Midland during the 4th quarter valued at about $27,000. Lindbrook Capital LLC purchased a new stake in Archer Daniels Midland during the 4th quarter valued at about $40,000. Finally, Proficio Capital Partners LLC boosted its holdings in Archer Daniels Midland by 73.4% in the 4th quarter. Proficio Capital Partners LLC now owns 992 shares of the company’s stock valued at $41,000 after purchasing an additional 420 shares during the last quarter. 77.20% of the stock is owned by institutional investors.

In other Archer Daniels Midland news, Director Donald E. Felsinger bought 60,000 shares of the business’s stock in a transaction that occurred on Thursday, February 7th. The shares were purchased at an average cost of $41.80 per share, with a total value of $2,508,000.00. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.94% of the stock is owned by corporate insiders.

Several equities analysts have weighed in on ADM shares. Zacks Investment Research lowered shares of Archer Daniels Midland from a “buy” rating to a “hold” rating in a report on Thursday, January 3rd. Credit Suisse Group set a $46.00 target price on shares of Archer Daniels Midland and gave the company a “neutral” rating in a report on Wednesday, January 23rd. Finally, Stifel Nicolaus upgraded shares of Archer Daniels Midland from a “hold” rating to a “buy” rating and set a $41.40 target price on the stock in a report on Friday, February 8th. Eight analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Archer Daniels Midland currently has a consensus rating of “Hold” and an average price target of $49.71.

Shares of ADM stock opened at $43.35 on Friday. The company has a current ratio of 1.75, a quick ratio of 1.00 and a debt-to-equity ratio of 0.41. Archer Daniels Midland Co has a one year low of $39.16 and a one year high of $52.06. The company has a market capitalization of $24.28 billion, a PE ratio of 12.39 and a beta of 0.96.

Archer Daniels Midland (NYSE:ADM) last issued its quarterly earnings data on Tuesday, February 5th. The company reported $0.88 EPS for the quarter, missing the consensus estimate of $0.92 by ($0.04). Archer Daniels Midland had a return on equity of 10.51% and a net margin of 2.81%. The company had revenue of $15.95 billion during the quarter, compared to analyst estimates of $16.83 billion. During the same quarter in the prior year, the company posted $0.82 earnings per share. The business’s revenue was down .8% compared to the same quarter last year. Equities analysts expect that Archer Daniels Midland Co will post 3.54 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 12th. Investors of record on Tuesday, February 19th were paid a dividend of $0.35 per share. This is an increase from Archer Daniels Midland’s previous quarterly dividend of $0.34. This represents a $1.40 annualized dividend and a yield of 3.23%. The ex-dividend date was Friday, February 15th. Archer Daniels Midland’s dividend payout ratio is presently 40.00%.

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Archer Daniels Midland Company Profile

Archer-Daniels-Midland Company procures, transports, stores, processes, and merchandises agricultural commodities, products, and ingredients in the United States and internationally. The company operates through four segments: Origination, Oilseeds, Carbohydrate Solutions, and Nutrition. It buys, stores, cleans, and transports agricultural commodities, such as oilseeds, corn, wheat, milo, oats, rice, and barley, as well as resells these commodities primarily as food and feed ingredients and as raw materials for the agricultural processing industry.

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Institutional Ownership by Quarter for Archer Daniels Midland (NYSE:ADM)

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