Universal Beteiligungs und Servicegesellschaft mbH Invests $16.73 Million in Archer-Daniels-Midland Company (NYSE:ADM)

Universal Beteiligungs und Servicegesellschaft mbH bought a new position in shares of Archer-Daniels-Midland Company (NYSE:ADM - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 331,217 shares of the company's stock, valued at approximately $16,733,000. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.07% of Archer-Daniels-Midland as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently made changes to their positions in the business. Azzad Asset Management Inc. ADV grew its stake in shares of Archer-Daniels-Midland by 2.5% during the 4th quarter. Azzad Asset Management Inc. ADV now owns 36,050 shares of the company's stock worth $1,821,000 after acquiring an additional 874 shares in the last quarter. Jefferies Financial Group Inc. grew its stake in shares of Archer-Daniels-Midland by 34.4% during the 4th quarter. Jefferies Financial Group Inc. now owns 32,500 shares of the company's stock worth $1,642,000 after acquiring an additional 8,324 shares in the last quarter. Challenger Wealth Management bought a new position in shares of Archer-Daniels-Midland during the 4th quarter worth approximately $309,000. Forum Financial Management LP grew its stake in shares of Archer-Daniels-Midland by 9.2% during the 4th quarter. Forum Financial Management LP now owns 7,349 shares of the company's stock worth $371,000 after acquiring an additional 617 shares in the last quarter. Finally, Toronto Dominion Bank grew its stake in shares of Archer-Daniels-Midland by 0.3% during the 4th quarter. Toronto Dominion Bank now owns 255,893 shares of the company's stock worth $12,928,000 after acquiring an additional 745 shares in the last quarter. 78.28% of the stock is owned by institutional investors.

Archer-Daniels-Midland Price Performance

ADM stock traded down $0.11 during midday trading on Friday, reaching $48.26. The company had a trading volume of 4,963,034 shares, compared to its average volume of 3,539,371. The company has a market capitalization of $23.19 billion, a price-to-earnings ratio of 13.37, a price-to-earnings-growth ratio of 1.54 and a beta of 0.69. The stock has a 50 day moving average price of $47.48 and a 200-day moving average price of $49.02. Archer-Daniels-Midland Company has a 1-year low of $40.98 and a 1-year 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.

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

Archer-Daniels-Midland Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 11th. Investors of record on Wednesday, May 21st will be paid a $0.51 dividend. This represents a $2.04 dividend on an annualized basis and a yield of 4.23%. The ex-dividend date is Wednesday, May 21st. Archer-Daniels-Midland's dividend payout ratio (DPR) is presently 72.86%.

Wall Street Analyst Weigh In

ADM has been the subject of several analyst reports. Citigroup decreased their target price on shares of Archer-Daniels-Midland from $51.00 to $49.00 and set a "neutral" rating for the company in a research note on Tuesday, April 15th. BMO Capital Markets cut 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. Bank of America downgraded Archer-Daniels-Midland from a "neutral" rating to an "underperform" rating and cut their price target for the company from $47.00 to $45.00 in a report on Thursday, May 8th. Barclays cut their price target on Archer-Daniels-Midland from $50.00 to $48.00 and set an "underweight" rating for the company in a report on Monday, February 24th. Finally, Morgan Stanley cut their price target 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, five have given a hold rating and one has issued a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $52.00.

Archer-Daniels-Midland Company 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.