Archer-Daniels-Midland Company (NYSE:ADM) Shares Bought by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. boosted its stake in shares of Archer-Daniels-Midland Company (NYSE:ADM - Free Report) by 34.4% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 32,500 shares of the company's stock after buying an additional 8,324 shares during the period. Jefferies Financial Group Inc.'s holdings in Archer-Daniels-Midland were worth $1,642,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of ADM. Fairway Wealth LLC bought a new stake in shares of Archer-Daniels-Midland in the 4th quarter worth about $25,000. Raleigh Capital Management Inc. grew its position in Archer-Daniels-Midland by 179.4% in the 4th quarter. Raleigh Capital Management Inc. now owns 556 shares of the company's stock valued at $28,000 after acquiring an additional 357 shares during the last quarter. Stonebridge Financial Group LLC purchased a new stake in Archer-Daniels-Midland in the fourth quarter worth $28,000. Crews Bank & Trust purchased a new stake in Archer-Daniels-Midland in the fourth quarter worth $30,000. Finally, CoreFirst Bank & Trust purchased a new stake in shares of Archer-Daniels-Midland during the fourth quarter valued at $30,000. 78.28% of the stock is currently owned by institutional investors.

Archer-Daniels-Midland Stock Up 2.6%

Archer-Daniels-Midland stock traded up $1.29 during trading hours on Friday, reaching $50.15. The stock had a trading volume of 3,226,971 shares, compared to its average volume of 3,582,314. Archer-Daniels-Midland Company has a 52 week low of $40.98 and a 52 week high of $66.08. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.39 and a quick ratio of 0.81. The company has a market cap of $24.09 billion, a price-to-earnings ratio of 13.89, a PEG ratio of 1.54 and a beta of 0.69. The business's 50 day moving average price is $47.14 and its 200-day moving average price is $49.31.

Archer-Daniels-Midland (NYSE:ADM - Get Free Report) last posted its quarterly earnings data on Tuesday, May 6th. The company reported $0.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.69 by $0.01. Archer-Daniels-Midland had a net margin of 2.10% and a return on equity of 10.44%. The firm had revenue of $20.18 billion for the quarter, compared to the consensus estimate of $22.05 billion. During the same quarter in the prior year, the company posted $1.46 earnings per share. The company's revenue for the quarter was down 7.7% compared to the same quarter last year. Sell-side analysts anticipate that Archer-Daniels-Midland Company will post 4.31 EPS for the current year.

Archer-Daniels-Midland Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 11th. Investors of record on Wednesday, May 21st will be issued a $0.51 dividend. The ex-dividend date is Wednesday, May 21st. This represents a $2.04 annualized dividend and a yield of 4.07%. Archer-Daniels-Midland's dividend payout ratio (DPR) is presently 72.86%.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. Stephens decreased their price objective on shares of Archer-Daniels-Midland from $55.00 to $52.00 in a report on Tuesday, February 4th. Bank of America downgraded shares of Archer-Daniels-Midland from a "neutral" rating to an "underperform" rating and decreased their price target for the company from $47.00 to $45.00 in a research note on Thursday, May 8th. 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 report on Wednesday, February 5th. Barclays reduced their price objective on Archer-Daniels-Midland from $50.00 to $48.00 and set an "underweight" rating on the stock in a report on Monday, February 24th. Finally, Morgan Stanley lowered their target price 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. Two research analysts have rated the stock with a sell rating and six have issued a hold rating to the stock. Based on data from MarketBeat.com, Archer-Daniels-Midland presently has a consensus rating of "Hold" and an average target price of $52.50.

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.