Universal Beteiligungs und Servicegesellschaft mbH Makes New $352,000 Investment in The Andersons, Inc. (NASDAQ:ANDE)

Universal Beteiligungs und Servicegesellschaft mbH bought a new position in The Andersons, Inc. (NASDAQ:ANDE - Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 8,188 shares of the basic materials company's stock, valued at approximately $352,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in ANDE. Yousif Capital Management LLC lifted its position in Andersons by 2.0% during the first quarter. Yousif Capital Management LLC now owns 13,732 shares of the basic materials company's stock valued at $590,000 after purchasing an additional 275 shares during the period. SummerHaven Investment Management LLC lifted its position in Andersons by 2.2% during the first quarter. SummerHaven Investment Management LLC now owns 16,596 shares of the basic materials company's stock valued at $712,000 after purchasing an additional 353 shares during the period. Nisa Investment Advisors LLC lifted its position in Andersons by 1.3% during the first quarter. Nisa Investment Advisors LLC now owns 31,542 shares of the basic materials company's stock valued at $1,354,000 after purchasing an additional 408 shares during the period. Summit Place Financial Advisors LLC lifted its position in Andersons by 2.4% during the first quarter. Summit Place Financial Advisors LLC now owns 22,766 shares of the basic materials company's stock valued at $977,000 after purchasing an additional 530 shares during the period. Finally, Arete Wealth Advisors LLC lifted its position in Andersons by 9.4% during the fourth quarter. Arete Wealth Advisors LLC now owns 6,710 shares of the basic materials company's stock valued at $272,000 after purchasing an additional 579 shares during the period. Institutional investors own 87.06% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the stock. Wall Street Zen downgraded shares of Andersons from a "buy" rating to a "hold" rating in a research report on Thursday, May 15th. BMO Capital Markets began coverage on shares of Andersons in a research report on Tuesday, May 6th. They issued a "market perform" rating and a $45.00 price target on the stock. Finally, Lake Street Capital decreased their price target on shares of Andersons from $70.00 to $55.00 and set a "buy" rating on the stock in a research report on Thursday, May 8th.

Andersons Stock Performance

ANDE traded up $2.08 during trading on Thursday, hitting $38.27. The company's stock had a trading volume of 228,047 shares, compared to its average volume of 325,708. The business's 50 day simple moving average is $36.47 and its 200-day simple moving average is $38.74. The firm has a market cap of $1.31 billion, a PE ratio of 16.21 and a beta of 0.75. The Andersons, Inc. has a one year low of $31.03 and a one year high of $51.58. The company has a quick ratio of 0.89, a current ratio of 2.01 and a debt-to-equity ratio of 0.36.

Andersons (NASDAQ:ANDE - Get Free Report) last released its earnings results on Monday, August 4th. The basic materials company reported $0.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.53 by ($0.29). The firm had revenue of $3.14 billion during the quarter, compared to analysts' expectations of $2.86 billion. Andersons had a return on equity of 5.28% and a net margin of 0.70%. The company's revenue was up 12.2% compared to the same quarter last year. During the same period in the prior year, the company posted $1.05 earnings per share. As a group, sell-side analysts predict that The Andersons, Inc. will post 3.11 EPS for the current fiscal year.

Andersons Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 22nd. Stockholders of record on Tuesday, July 1st were given a dividend of $0.195 per share. This represents a $0.78 annualized dividend and a dividend yield of 2.0%. The ex-dividend date was Tuesday, July 1st. Andersons's dividend payout ratio (DPR) is presently 24.61%.

About Andersons

The Andersons, Inc operates in trade, renewables, and nutrient and industrial sectors in the United States, Canada, Mexico, Egypt, Switzerland, and internationally. It operates through three segments: Trade, Renewables, and Nutrient & Industrial. The company's Trade segment operates grain elevators; stores commodities; and provides grain marketing, risk management, and origination services, as well as sells commodities, such as corn, soybeans, wheat, oats, ethanol, and corn oil.