USS Investment Management Ltd Sells 11,987 Shares of Archer-Daniels-Midland Company (NYSE:ADM)

USS Investment Management Ltd decreased its holdings in shares of Archer-Daniels-Midland Company (NYSE:ADM - Free Report) by 13.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 76,755 shares of the company's stock after selling 11,987 shares during the period. USS Investment Management Ltd's holdings in Archer-Daniels-Midland were worth $3,877,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Barclays PLC raised its stake in shares of Archer-Daniels-Midland by 52.0% in the third quarter. Barclays PLC now owns 1,502,158 shares of the company's stock valued at $89,738,000 after acquiring an additional 514,005 shares during the last quarter. Park Avenue Securities LLC raised its stake in shares of Archer-Daniels-Midland by 9.0% in the fourth quarter. Park Avenue Securities LLC now owns 9,016 shares of the company's stock valued at $455,000 after acquiring an additional 744 shares during the last quarter. Merit Financial Group LLC raised its position in Archer-Daniels-Midland by 11.6% in the 4th quarter. Merit Financial Group LLC now owns 5,344 shares of the company's stock worth $270,000 after purchasing an additional 555 shares during the last quarter. MCF Advisors LLC lifted its holdings in Archer-Daniels-Midland by 20.8% during the 4th quarter. MCF Advisors LLC now owns 4,498 shares of the company's stock worth $227,000 after buying an additional 775 shares in the last quarter. Finally, Advisory Alpha LLC boosted its position in Archer-Daniels-Midland by 2.8% in the 4th quarter. Advisory Alpha LLC now owns 7,952 shares of the company's stock valued at $402,000 after buying an additional 216 shares during the last quarter. Institutional investors own 78.28% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have recently commented on ADM. Citigroup lowered their target price on 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. Barclays reduced their price target on 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. Morgan Stanley reduced their price target on Archer-Daniels-Midland from $52.00 to $47.00 and set an "equal weight" rating on the stock in a research report on Tuesday, February 11th. UBS Group upgraded Archer-Daniels-Midland from a "neutral" rating to a "buy" rating and raised their price target for the stock from $55.00 to $60.00 in a research report on Monday, May 19th. Finally, Stephens reduced their target price on Archer-Daniels-Midland from $55.00 to $52.00 in a report on Tuesday, February 4th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and one has assigned a buy rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $52.00.

Archer-Daniels-Midland Trading Down 0.6%

ADM stock traded down $0.27 during midday trading on Wednesday, hitting $48.36. 646,566 shares of the company's stock were exchanged, compared to its average volume of 3,553,927. The stock's fifty day moving average price is $47.35 and its 200-day moving average price is $49.08. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.81 and a current ratio of 1.39. The company has a market cap of $23.23 billion, a PE ratio of 13.39, a price-to-earnings-growth ratio of 1.54 and a beta of 0.69. Archer-Daniels-Midland Company has a one year low of $40.98 and a one year high of $66.08.

Archer-Daniels-Midland (NYSE:ADM - Get Free Report) last issued 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 company had revenue of $20.18 billion for the quarter, compared to analyst estimates of $22.05 billion. Archer-Daniels-Midland had a return on equity of 10.44% and a net margin of 2.10%. The company's quarterly revenue was down 7.7% compared to the same quarter last year. During the same period in the previous year, the company posted $1.46 earnings per share. Research analysts predict that Archer-Daniels-Midland Company will post 4.31 earnings per share for the current fiscal year.

Archer-Daniels-Midland Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 11th. Stockholders 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 dividend on an annualized basis and a dividend yield of 4.22%. Archer-Daniels-Midland's dividend payout ratio (DPR) is 72.86%.

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.