World Investment Advisors Buys Shares of 5,707 Archer Daniels Midland Company (NYSE:ADM)

World Investment Advisors purchased a new position in shares of Archer Daniels Midland Company (NYSE:ADM - Free Report) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 5,707 shares of the company's stock, valued at approximately $274,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. S.A. Mason LLC purchased a new stake in shares of Archer Daniels Midland in the first quarter valued at about $25,000. CoreFirst Bank & Trust purchased a new position in shares of Archer Daniels Midland during the fourth quarter valued at approximately $30,000. ORG Partners LLC lifted its stake 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 valued at $34,000 after buying an additional 523 shares during the period. NBC Securities Inc. purchased a new position in shares of Archer Daniels Midland during the first quarter valued at approximately $37,000. Finally, Capital Advisors Ltd. LLC lifted its stake in shares of Archer Daniels Midland by 43.4% during the first 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 period. 78.28% of the stock is currently owned by institutional investors and hedge funds.

Archer Daniels Midland Price Performance

Shares of NYSE:ADM traded down $0.58 during midday trading on Monday, reaching $54.36. 2,283,063 shares of the company's stock were exchanged, compared to its average volume of 4,091,444. The company's 50 day simple moving average is $50.77 and its two-hundred day simple moving average is $48.94. The firm has a market capitalization of $26.12 billion, a PE ratio of 19.41, a price-to-earnings-growth ratio of 3.07 and a beta of 0.69. Archer Daniels Midland Company has a 12 month low of $40.98 and a 12 month high of $66.08. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.81 and a current ratio of 1.38.

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 for the quarter, beating the consensus estimate 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 firm had revenue of $20.18 billion during the quarter, compared to analysts' expectations of $22.05 billion. During the same quarter last year, the company posted $1.46 EPS. The company's quarterly revenue was down 7.7% compared to the same quarter last year. Equities research analysts expect that Archer Daniels Midland Company will post 4.31 earnings per share for the current fiscal year.

Archer Daniels Midland Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 11th. Stockholders of record on Wednesday, May 21st were given a $0.51 dividend. This represents a $2.04 dividend on an annualized basis and a dividend yield of 3.75%. The ex-dividend date was Wednesday, May 21st. Archer Daniels Midland's dividend payout ratio is presently 72.86%.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on ADM. Bank of America downgraded shares of Archer Daniels Midland from a "neutral" rating to an "underperform" rating and cut their price target for the stock from $47.00 to $45.00 in a research note on Thursday, May 8th. Citigroup cut 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 research note on Tuesday, April 15th. UBS Group raised shares of Archer Daniels Midland from a "neutral" rating to a "buy" rating and increased their price target for the stock from $55.00 to $60.00 in a research note on Monday, May 19th. Finally, Barclays increased their price target on shares of 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 research analysts have rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average 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.