Siemens Fonds Invest GmbH Purchases 406,748 Shares of Archer-Daniels-Midland Company (NYSE:ADM)

Siemens Fonds Invest GmbH lifted its holdings in shares of Archer-Daniels-Midland Company (NYSE:ADM - Free Report) by 7,634.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 412,076 shares of the company's stock after acquiring an additional 406,748 shares during the period. Archer-Daniels-Midland makes up 0.8% of Siemens Fonds Invest GmbH's holdings, making the stock its 18th biggest holding. Siemens Fonds Invest GmbH owned 0.09% of Archer-Daniels-Midland worth $20,818,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Fairway Wealth LLC bought a new stake in shares of Archer-Daniels-Midland during the fourth quarter worth about $25,000. Stonebridge Financial Group LLC bought a new stake in Archer-Daniels-Midland in the 4th quarter worth about $28,000. CoreFirst Bank & Trust bought a new stake in Archer-Daniels-Midland in the 4th quarter worth about $30,000. Crews Bank & Trust bought a new stake in Archer-Daniels-Midland in the 4th quarter worth about $30,000. Finally, Asset Planning Inc bought a new stake in Archer-Daniels-Midland in the 4th quarter worth about $31,000. 78.28% of the stock is owned by institutional investors.

Archer-Daniels-Midland Stock Performance

Shares of ADM stock traded down $0.11 during trading on Friday, reaching $48.26. 4,963,034 shares of the company's stock traded hands, compared to its average volume of 3,558,961. The company has a market capitalization of $23.19 billion, a P/E ratio of 13.37, a PEG ratio of 1.54 and a beta of 0.69. The company has a current ratio of 1.39, a quick ratio of 0.81 and a debt-to-equity ratio of 0.34. The firm's 50-day moving average is $47.48 and its 200 day moving average is $49.02. Archer-Daniels-Midland Company has a 1 year low of $40.98 and a 1 year high of $66.08.

Archer-Daniels-Midland (NYSE:ADM - Get Free Report) last posted its earnings results on Tuesday, May 6th. The company reported $0.70 earnings per share (EPS) for the quarter, topping the consensus estimate 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 business had revenue of $20.18 billion for the quarter, compared to analysts' expectations of $22.05 billion. During the same period in the prior year, the company posted $1.46 EPS. The business's revenue for the quarter was down 7.7% compared to the same quarter last year. Equities research analysts expect that Archer-Daniels-Midland Company will post 4.31 EPS for the current year.

Archer-Daniels-Midland Dividend Announcement

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 4.23%. The ex-dividend date is Wednesday, May 21st. Archer-Daniels-Midland's dividend payout ratio is presently 72.86%.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on ADM shares. Bank of America downgraded shares of Archer-Daniels-Midland from a "neutral" rating to an "underperform" rating and reduced their price objective for the stock from $47.00 to $45.00 in a research report on Thursday, May 8th. Stephens reduced their price objective on shares of Archer-Daniels-Midland from $55.00 to $52.00 in a research report on Tuesday, February 4th. BMO Capital Markets reduced 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 research report on Wednesday, February 5th. Barclays reduced their price objective on shares of Archer-Daniels-Midland from $50.00 to $48.00 and set an "underweight" rating for the company in a research report on Monday, February 24th. Finally, Citigroup reduced 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 report on Tuesday, April 15th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and an average target price 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.