Loudon Investment Management LLC Trims Stock Position in Archer Daniels Midland Company (NYSE:ADM)

Loudon Investment Management LLC trimmed its holdings in shares of Archer Daniels Midland Company (NYSE:ADM - Free Report) by 77.2% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,805 shares of the company's stock after selling 26,492 shares during the period. Loudon Investment Management LLC's holdings in Archer Daniels Midland were worth $375,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. S.A. Mason LLC acquired a new stake in shares of Archer Daniels Midland in the 1st quarter worth approximately $25,000. CoreFirst Bank & Trust acquired a new stake in Archer Daniels Midland during the 4th quarter valued at $30,000. ORG Partners LLC grew its holdings in Archer Daniels Midland by 297.2% during the 1st quarter. ORG Partners LLC now owns 699 shares of the company's stock valued at $34,000 after buying an additional 523 shares during the last quarter. NBC Securities Inc. acquired a new stake in Archer Daniels Midland during the 1st quarter valued at $37,000. Finally, Capital Advisors Ltd. LLC grew its holdings in Archer Daniels Midland by 43.4% during the 1st quarter. Capital Advisors Ltd. LLC now owns 783 shares of the company's stock valued at $38,000 after buying an additional 237 shares during the last quarter. 78.28% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

ADM has been the topic of a number of recent analyst reports. Barclays increased 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. Bank of America lowered Archer Daniels Midland from a "neutral" rating to an "underperform" rating and reduced their price target for the stock from $47.00 to $45.00 in a research note on Thursday, May 8th. UBS Group raised Archer Daniels Midland from a "neutral" rating to a "buy" rating and increased their target price for the stock from $55.00 to $60.00 in a research report on Monday, May 19th. Finally, Citigroup cut their target price on Archer Daniels Midland from $51.00 to $49.00 and set a "neutral" rating on the stock in a research report on Tuesday, April 15th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $52.25.

Archer Daniels Midland Stock Up 1.9%

NYSE:ADM traded up $1.03 during mid-day trading on Tuesday, hitting $55.18. The company had a trading volume of 627,478 shares, compared to its average volume of 3,503,975. The business has a fifty day simple moving average of $51.38 and a 200-day simple moving average of $49.06. The company has a current ratio of 1.38, a quick ratio of 0.81 and a debt-to-equity ratio of 0.34. Archer Daniels Midland Company has a 1 year low of $40.98 and a 1 year high of $64.39. The firm has a market capitalization of $26.51 billion, a price-to-earnings ratio of 19.72, a PEG ratio of 3.04 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, beating the consensus estimate of $0.69 by $0.01. The company 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 8.71% and a net margin of 1.63%. The company's revenue was down 7.7% on a year-over-year basis. During the same period last year, the firm earned $1.46 earnings per share. Equities analysts forecast 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 was paid on Wednesday, June 11th. Investors of record on Wednesday, May 21st were paid a $0.51 dividend. The ex-dividend date was Wednesday, May 21st. This represents a $2.04 dividend on an annualized basis and a yield of 3.70%. Archer Daniels Midland's dividend payout ratio (DPR) is 72.86%.

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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