Blue Capital Inc. Makes New $754,000 Investment in Archer-Daniels-Midland Company (NYSE:ADM)

Blue Capital Inc. acquired a new position in Archer-Daniels-Midland Company (NYSE:ADM - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 14,926 shares of the company's stock, valued at approximately $754,000.

Other large investors have also made changes to their positions in the company. Fairway Wealth LLC acquired a new position in shares of Archer-Daniels-Midland in the fourth quarter valued at approximately $25,000. Raleigh Capital Management Inc. boosted its holdings in shares of Archer-Daniels-Midland by 179.4% during the fourth quarter. Raleigh Capital Management Inc. now owns 556 shares of the company's stock worth $28,000 after acquiring an additional 357 shares during the period. Stonebridge Financial Group LLC acquired a new position in shares of Archer-Daniels-Midland during the 4th quarter worth approximately $28,000. ST Germain D J Co. Inc. increased its position in shares of Archer-Daniels-Midland by 724.6% in the fourth quarter. ST Germain D J Co. Inc. now owns 569 shares of the company's stock worth $29,000 after purchasing an additional 500 shares during the period. Finally, Crews Bank & Trust acquired a new stake in shares of Archer-Daniels-Midland during the 4th quarter worth approximately $30,000. Institutional investors and hedge funds own 78.28% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. Bank of America upgraded Archer-Daniels-Midland from an "underperform" rating to a "neutral" rating and lowered their price objective for the stock from $48.00 to $47.00 in a research report on Tuesday, April 15th. BMO Capital Markets reduced their price objective on shares of Archer-Daniels-Midland from $51.00 to $49.00 and set a "market perform" rating for the company in a research report on Wednesday, February 5th. Barclays reduced 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 research report on Monday, February 24th. Stephens reduced their target price on shares of Archer-Daniels-Midland from $55.00 to $52.00 in a research note on Tuesday, February 4th. Finally, Citigroup reduced their target price on Archer-Daniels-Midland from $51.00 to $49.00 and set a "neutral" rating for the company in a report 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 company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $52.75.

Archer-Daniels-Midland Trading Down 0.8 %

Shares of ADM traded down $0.39 during trading hours on Wednesday, reaching $47.93. 4,618,256 shares of the company traded hands, compared to its average volume of 3,588,799. The company has a current ratio of 1.39, a quick ratio of 0.81 and a debt-to-equity ratio of 0.34. The stock's fifty day moving average price is $46.93 and its 200 day moving average price is $49.69. The firm has a market cap of $22.99 billion, a price-to-earnings ratio of 13.28, a PEG ratio of 1.54 and a beta of 0.69. Archer-Daniels-Midland Company has a 12-month low of $40.98 and a 12-month high of $66.08.

Archer-Daniels-Midland (NYSE:ADM - Get Free Report) last posted its quarterly earnings results on Tuesday, May 6th. The company reported $0.70 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 business had revenue of $20.18 billion during the quarter, compared to analysts' expectations of $22.05 billion. During the same quarter last year, the company posted $1.46 earnings per share. The business's quarterly revenue was down 7.7% on a year-over-year basis. Sell-side analysts forecast that Archer-Daniels-Midland Company will post 4.31 earnings per share for the current year.

Archer-Daniels-Midland Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 11th. Investors of record on Wednesday, May 21st will be paid a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a dividend yield of 4.26%. Archer-Daniels-Midland's payout ratio is currently 56.51%.

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.