Alpha Family Trust Acquires Shares of 6,355 Archer-Daniels-Midland Company (NYSE:ADM)

Alpha Family Trust bought a new stake in Archer-Daniels-Midland Company (NYSE:ADM - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 6,355 shares of the company's stock, valued at approximately $321,000.

A number of other institutional investors have also made changes to their positions in ADM. Fairway Wealth LLC acquired a new position in shares of Archer-Daniels-Midland during the fourth quarter valued at $25,000. Raleigh Capital Management Inc. lifted its position in Archer-Daniels-Midland by 179.4% during the 4th quarter. Raleigh Capital Management Inc. now owns 556 shares of the company's stock valued at $28,000 after purchasing an additional 357 shares during the period. Stonebridge Financial Group LLC bought a new position in shares of Archer-Daniels-Midland in the 4th quarter valued at about $28,000. ST Germain D J Co. Inc. grew its position in shares of Archer-Daniels-Midland by 724.6% during the 4th quarter. ST Germain D J Co. Inc. now owns 569 shares of the company's stock worth $29,000 after buying an additional 500 shares during the period. Finally, Crews Bank & Trust bought a new stake in shares of Archer-Daniels-Midland during the fourth quarter worth approximately $30,000. 78.28% of the stock is owned by institutional investors.

Archer-Daniels-Midland Stock Up 0.5 %

Archer-Daniels-Midland stock opened at $47.82 on Friday. Archer-Daniels-Midland Company has a twelve month low of $40.98 and a twelve month high of $66.08. The company has a quick ratio of 0.81, a current ratio of 1.39 and a debt-to-equity ratio of 0.34. The company has a 50 day moving average of $46.88 and a 200-day moving average of $49.90. The stock has a market capitalization of $22.94 billion, a PE ratio of 13.25, a price-to-earnings-growth ratio of 1.54 and a beta of 0.66.

Archer-Daniels-Midland (NYSE:ADM - Get Free Report) last released its earnings results on Tuesday, February 4th. The company reported $1.14 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.07 by $0.07. The firm 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 company's 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 anticipate that Archer-Daniels-Midland Company will post 4.31 EPS for the current fiscal year.

Archer-Daniels-Midland Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 11th. Stockholders of record on Tuesday, February 18th were paid a dividend of $0.51 per share. This is a boost from Archer-Daniels-Midland's previous quarterly dividend of $0.50. This represents a $2.04 annualized dividend and a dividend yield of 4.27%. The ex-dividend date of this dividend was Tuesday, February 18th. Archer-Daniels-Midland's dividend payout ratio (DPR) is currently 56.51%.

Wall Street Analyst Weigh In

ADM has been the subject of a number of analyst reports. Barclays lowered their target price on shares of Archer-Daniels-Midland from $50.00 to $48.00 and set an "underweight" rating for the company in a report on Monday, February 24th. Morgan Stanley dropped their price objective on Archer-Daniels-Midland from $52.00 to $47.00 and set an "equal weight" rating for the company in a report on Tuesday, February 11th. Stephens cut their target price on Archer-Daniels-Midland from $55.00 to $52.00 in a research note on Tuesday, February 4th. BMO Capital Markets lowered their price target on 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, Bank of America raised shares of Archer-Daniels-Midland from an "underperform" rating to a "neutral" rating and reduced their price objective for the stock from $48.00 to $47.00 in a research note on Tuesday, April 15th. One equities research analyst has rated the stock with a sell rating and seven have issued a hold rating to the stock. Based on data from MarketBeat.com, Archer-Daniels-Midland has an average rating of "Hold" and an average price target of $52.75.

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.

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