Deutsche Bank AG Sells 162,726 Shares of Archer-Daniels-Midland Company (NYSE:ADM)

Deutsche Bank AG cut its position in Archer-Daniels-Midland Company (NYSE:ADM - Free Report) by 8.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,816,311 shares of the company's stock after selling 162,726 shares during the quarter. Deutsche Bank AG owned approximately 0.38% of Archer-Daniels-Midland worth $91,760,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of ADM. West Financial Advisors LLC lifted its position in Archer-Daniels-Midland by 10.1% during the 4th quarter. West Financial Advisors LLC now owns 2,201 shares of the company's stock valued at $111,000 after purchasing an additional 201 shares during the period. Hantz Financial Services Inc. raised its stake in shares of Archer-Daniels-Midland by 10.8% during the fourth quarter. Hantz Financial Services Inc. now owns 2,152 shares of the company's stock worth $109,000 after buying an additional 210 shares during the last quarter. Invesco LLC boosted its stake in Archer-Daniels-Midland by 1.3% in the fourth quarter. Invesco LLC now owns 16,242 shares of the company's stock valued at $821,000 after acquiring an additional 211 shares during the last quarter. Advisor OS LLC grew its holdings in Archer-Daniels-Midland by 4.9% during the 4th quarter. Advisor OS LLC now owns 4,565 shares of the company's stock worth $231,000 after acquiring an additional 212 shares during the period. Finally, Advisory Alpha LLC raised its position in shares of Archer-Daniels-Midland by 2.8% during the 4th quarter. Advisory Alpha LLC now owns 7,952 shares of the company's stock valued at $402,000 after acquiring an additional 216 shares during the last quarter. Institutional investors own 78.28% of the company's stock.

Archer-Daniels-Midland Stock Performance

Shares of ADM opened at $48.55 on Monday. The firm's 50 day moving average price is $47.01 and its two-hundred day moving average price is $49.49. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.81 and a current ratio of 1.39. Archer-Daniels-Midland Company has a twelve month low of $40.98 and a twelve month high of $66.08. The firm has a market cap of $23.33 billion, a P/E ratio of 13.45, a PEG ratio of 1.54 and a beta of 0.69.

Archer-Daniels-Midland (NYSE:ADM - Get Free Report) last announced its earnings results on Tuesday, May 6th. The company reported $0.70 earnings per share 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 firm had revenue of $20.18 billion during the quarter, compared to analyst estimates of $22.05 billion. During the same period in the prior year, the business earned $1.46 EPS. The company's revenue for the quarter was down 7.7% compared to the same quarter last year. On average, analysts forecast that Archer-Daniels-Midland Company will post 4.31 EPS for the current fiscal year.

Archer-Daniels-Midland Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 11th. Shareholders of record on Wednesday, May 21st will be paid a $0.51 dividend. This represents a $2.04 annualized dividend and a yield of 4.20%. The ex-dividend date is Wednesday, May 21st. Archer-Daniels-Midland's payout ratio is 72.86%.

Analyst Ratings Changes

ADM has been the subject of a number of analyst reports. Stephens decreased their price objective on Archer-Daniels-Midland from $55.00 to $52.00 in a research note on Tuesday, February 4th. Morgan Stanley decreased their target price on Archer-Daniels-Midland from $52.00 to $47.00 and set an "equal weight" rating for the company in a research report on Tuesday, February 11th. Barclays cut their price target on shares of Archer-Daniels-Midland from $50.00 to $48.00 and set an "underweight" rating on the stock in a research report on Monday, February 24th. BMO Capital Markets decreased 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 report on Wednesday, February 5th. Finally, Citigroup cut their target price on shares of Archer-Daniels-Midland from $51.00 to $49.00 and set a "neutral" rating on the stock in a report on Tuesday, April 15th. Two equities research analysts have rated the stock with a sell rating and six have issued a hold rating to the company. Based on data from MarketBeat, Archer-Daniels-Midland has a consensus rating of "Hold" and a consensus price target of $52.50.

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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