Capital Investment Advisory Services LLC Buys Shares of 19,013 Archer Daniels Midland Company (NYSE:ADM)

Capital Investment Advisory Services LLC bought a new stake in Archer Daniels Midland Company (NYSE:ADM - Free Report) during the first quarter, according to the company in its most recent disclosure with the SEC. The firm bought 19,013 shares of the company's stock, valued at approximately $913,000.

Other large investors have also bought and sold shares of the company. Fairway Wealth LLC acquired a new stake in shares of Archer Daniels Midland in the 4th quarter valued at approximately $25,000. S.A. Mason LLC acquired a new stake in Archer Daniels Midland in the first quarter valued at approximately $25,000. CoreFirst Bank & Trust bought a new stake in shares of Archer Daniels Midland during the fourth quarter worth $30,000. ORG Partners LLC increased its holdings in shares of Archer Daniels Midland by 297.2% during the first quarter. ORG Partners LLC now owns 699 shares of the company's stock worth $34,000 after buying an additional 523 shares in the last quarter. Finally, OFI Invest Asset Management acquired a new stake in shares of Archer Daniels Midland during the 4th quarter valued at $35,000. 78.28% of the stock is owned by institutional investors and hedge funds.

Archer Daniels Midland Stock Performance

Shares of ADM traded down $0.75 on Monday, reaching $54.56. 2,761,035 shares of the company's stock traded hands, compared to its average volume of 3,514,927. The stock has a market cap of $26.21 billion, a PE ratio of 19.49, a PEG ratio of 3.07 and a beta of 0.69. Archer Daniels Midland Company has a 52-week low of $40.98 and a 52-week high of $66.08. The company has a current ratio of 1.38, a quick ratio of 0.81 and a debt-to-equity ratio of 0.34. The stock's 50 day simple moving average is $50.09 and its two-hundred day simple moving average is $48.79.

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, topping analysts' consensus estimates of $0.69 by $0.01. Archer Daniels Midland had a net margin of 1.63% and a return on equity of 8.71%. The business had revenue of $20.18 billion during the quarter, compared to the consensus estimate of $22.05 billion. During the same quarter last year, the company posted $1.46 earnings per share. The firm's quarterly revenue was down 7.7% compared to the same quarter last year. On average, analysts forecast that Archer Daniels Midland Company will post 4.31 earnings per share for the current fiscal year.

Archer Daniels Midland Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 11th. Shareholders of record on Wednesday, May 21st were issued a dividend of $0.51 per share. This represents a $2.04 annualized dividend and a yield of 3.74%. The ex-dividend date of this dividend was Wednesday, May 21st. Archer Daniels Midland's dividend payout ratio (DPR) is 72.86%.

Analysts Set New Price Targets

A number of brokerages have issued reports on ADM. Bank of America cut Archer Daniels Midland from a "neutral" rating to an "underperform" rating and lowered their target price for the stock from $47.00 to $45.00 in a report on Thursday, May 8th. UBS Group upgraded shares of Archer Daniels Midland from a "neutral" rating to a "buy" rating and boosted their target price for the company from $55.00 to $60.00 in a report on Monday, May 19th. Citigroup reduced their price objective on shares of Archer Daniels Midland from $51.00 to $49.00 and set a "neutral" rating for the company in a research report on Tuesday, April 15th. Finally, Barclays upped their price target on Archer Daniels Midland from $48.00 to $50.00 and gave the stock an "underweight" rating in a research note on Wednesday, July 2nd. Two investment 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 data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $52.25.

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.