Venture Visionary Partners LLC Has $23.07 Million Stock Holdings in The Andersons, Inc. (NASDAQ:ANDE)

Venture Visionary Partners LLC decreased its position in The Andersons, Inc. (NASDAQ:ANDE - Free Report) by 12.1% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 400,920 shares of the basic materials company's stock after selling 55,272 shares during the period. Andersons comprises 1.2% of Venture Visionary Partners LLC's portfolio, making the stock its 16th biggest position. Venture Visionary Partners LLC owned about 1.19% of Andersons worth $23,069,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. C M Bidwell & Associates Ltd. bought a new stake in Andersons in the 3rd quarter valued at approximately $33,000. Federated Hermes Inc. grew its stake in shares of Andersons by 762.0% in the first quarter. Federated Hermes Inc. now owns 681 shares of the basic materials company's stock valued at $34,000 after buying an additional 602 shares in the last quarter. Lazard Asset Management LLC bought a new position in shares of Andersons in the fourth quarter valued at $40,000. Money Concepts Capital Corp grew its stake in shares of Andersons by 817.4% in the fourth quarter. Money Concepts Capital Corp now owns 1,266 shares of the basic materials company's stock valued at $44,000 after buying an additional 1,128 shares in the last quarter. Finally, Acadian Asset Management LLC bought a new position in shares of Andersons in the first quarter valued at $66,000. Institutional investors own 87.06% of the company's stock.

Insider Transactions at Andersons

In other news, CEO Patrick E. Bowe sold 2,623 shares of the business's stock in a transaction dated Friday, March 8th. The stock was sold at an average price of $55.22, for a total transaction of $144,842.06. Following the sale, the chief executive officer now directly owns 90,653 shares in the company, valued at $5,005,858.66. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In related news, CEO Patrick E. Bowe sold 2,623 shares of Andersons stock in a transaction that occurred on Friday, March 8th. The stock was sold at an average price of $55.22, for a total value of $144,842.06. Following the transaction, the chief executive officer now directly owns 90,653 shares of the company's stock, valued at $5,005,858.66. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Patrick E. Bowe sold 1,338 shares of Andersons stock in a transaction that occurred on Tuesday, March 19th. The stock was sold at an average price of $55.12, for a total value of $73,750.56. Following the completion of the transaction, the chief executive officer now directly owns 89,315 shares in the company, valued at $4,923,042.80. The disclosure for this sale can be found here. Over the last three months, insiders have sold 38,858 shares of company stock worth $2,153,845. Insiders own 5.10% of the company's stock.

Andersons Price Performance

Shares of NASDAQ ANDE traded up $0.39 during mid-day trading on Friday, reaching $57.44. The company had a trading volume of 109,759 shares, compared to its average volume of 186,715. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.00 and a current ratio of 1.72. The Andersons, Inc. has a one year low of $35.69 and a one year high of $58.84. The firm has a market cap of $1.96 billion, a price-to-earnings ratio of 19.54 and a beta of 0.68. The business's 50-day simple moving average is $54.32 and its 200 day simple moving average is $52.97.

Andersons (NASDAQ:ANDE - Get Free Report) last issued its quarterly earnings results on Wednesday, February 21st. The basic materials company reported $1.59 EPS for the quarter, topping analysts' consensus estimates of $1.11 by $0.48. Andersons had a return on equity of 8.19% and a net margin of 0.69%. The company had revenue of $3.21 billion for the quarter, compared to analysts' expectations of $4.26 billion. During the same quarter last year, the business earned $0.98 earnings per share. Andersons's revenue was down 31.3% on a year-over-year basis. On average, research analysts predict that The Andersons, Inc. will post 2.54 earnings per share for the current fiscal year.

Andersons Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, April 22nd. Stockholders of record on Monday, April 1st will be issued a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 1.32%. The ex-dividend date of this dividend is Thursday, March 28th. Andersons's dividend payout ratio (DPR) is currently 25.85%.

Analysts Set New Price Targets

ANDE has been the subject of several analyst reports. Roth Capital reissued a "buy" rating and issued a $65.00 target price on shares of Andersons in a research note on Tuesday, February 6th. StockNews.com raised Andersons from a "hold" rating to a "buy" rating in a report on Thursday, January 11th. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of "Buy" and an average target price of $62.50.

Andersons Profile

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.

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