Wolf Group Capital Advisors Takes $245,000 Position in Archer Daniels Midland Company (NYSE:ADM)

Wolf Group Capital Advisors acquired a new stake in shares of Archer Daniels Midland Company (NYSE:ADM - Free Report) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm acquired 5,113 shares of the company's stock, valued at approximately $245,000.

Several other institutional investors and hedge funds have also recently modified their holdings of ADM. Fairway Wealth LLC bought a new stake in shares of Archer Daniels Midland during the 4th quarter valued at $25,000. CoreFirst Bank & Trust bought a new stake in shares of Archer Daniels Midland during the 4th quarter valued at $30,000. OFI Invest Asset Management bought a new stake in shares of Archer Daniels Midland during the 4th quarter valued at $35,000. NBC Securities Inc. bought a new stake in Archer Daniels Midland in the 1st quarter valued at $37,000. Finally, Capital Advisors Ltd. LLC increased its holdings in Archer Daniels Midland by 43.4% in the 1st quarter. Capital Advisors Ltd. LLC now owns 783 shares of the company's stock valued at $38,000 after acquiring an additional 237 shares during the last quarter. 78.28% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

ADM has been the topic of a number of research reports. Bank of America downgraded shares of Archer Daniels Midland from a "neutral" rating to an "underperform" rating and reduced their price target for the company 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 lifted their price target for the company from $55.00 to $60.00 in a report on Monday, May 19th. Barclays reduced their price target on shares of Archer Daniels Midland from $50.00 to $48.00 and set an "underweight" rating on the stock in a report on Monday, February 24th. Finally, Citigroup reduced their price target on shares of Archer Daniels Midland from $51.00 to $49.00 and set a "neutral" rating on the stock in a report on Tuesday, April 15th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and one has given a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $52.00.

Archer Daniels Midland Trading Down 0.2%

ADM opened at $54.00 on Thursday. The firm has a market cap of $25.95 billion, a P/E ratio of 19.29, a P/E/G ratio of 3.01 and a beta of 0.67. Archer Daniels Midland Company has a 12 month low of $40.98 and a 12 month 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 has a 50-day moving average of $48.54 and a 200 day moving average of $48.70.

Archer Daniels Midland (NYSE:ADM - Get Free Report) last released its quarterly earnings results on Tuesday, May 6th. The company reported $0.70 EPS for the quarter, topping the consensus estimate of $0.69 by $0.01. The company had revenue of $20.18 billion during the quarter, compared to analyst estimates of $22.05 billion. Archer Daniels Midland had a return on equity of 8.71% and a net margin of 1.63%. The firm's revenue was down 7.7% on a year-over-year basis. During the same quarter last year, the business posted $1.46 earnings per share. As a group, research analysts forecast that Archer Daniels Midland Company will post 4.31 EPS for the current year.

Archer Daniels Midland Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 11th. Investors of record on Wednesday, May 21st were given a $0.51 dividend. The ex-dividend date of this dividend was Wednesday, May 21st. This represents a $2.04 annualized dividend and a yield of 3.78%. Archer Daniels Midland's dividend payout ratio is currently 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.

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