The Andersons, Inc. (NASDAQ:ANDE) Holdings Increased by Cwm LLC

CWM LLC boosted its stake in shares of The Andersons, Inc. (NASDAQ:ANDE - Free Report) by 8,577.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 19,611 shares of the basic materials company's stock after buying an additional 19,385 shares during the period. CWM LLC owned 0.06% of Andersons worth $1,128,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in ANDE. Vanguard Group Inc. increased its holdings in shares of Andersons by 1.2% during the 3rd quarter. Vanguard Group Inc. now owns 3,971,447 shares of the basic materials company's stock worth $204,569,000 after buying an additional 47,494 shares during the last quarter. Pacer Advisors Inc. raised its position in Andersons by 64.5% in the fourth quarter. Pacer Advisors Inc. now owns 2,314,734 shares of the basic materials company's stock valued at $133,190,000 after purchasing an additional 907,734 shares during the period. Charles Schwab Investment Management Inc. lifted its stake in shares of Andersons by 3.4% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 665,451 shares of the basic materials company's stock valued at $34,277,000 after purchasing an additional 21,895 shares during the last quarter. American Century Companies Inc. grew its holdings in shares of Andersons by 68.2% during the 3rd quarter. American Century Companies Inc. now owns 412,868 shares of the basic materials company's stock worth $21,267,000 after purchasing an additional 167,473 shares during the period. Finally, Loomis Sayles & Co. L P increased its position in shares of Andersons by 0.4% during the 3rd quarter. Loomis Sayles & Co. L P now owns 315,356 shares of the basic materials company's stock worth $16,244,000 after purchasing an additional 1,221 shares during the last quarter. 87.06% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

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

Insider Buying and Selling

In related news, CEO Patrick E. Bowe sold 3,387 shares of the firm's stock in a transaction that occurred on Monday, April 22nd. The shares were sold at an average price of $60.01, for a total value of $203,253.87. Following the sale, the chief executive officer now owns 85,159 shares of the company's stock, valued at $5,110,391.59. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In related news, CEO Patrick E. Bowe sold 3,387 shares of the stock in a transaction on Monday, April 22nd. The stock was sold at an average price of $60.01, for a total value of $203,253.87. Following the transaction, the chief executive officer now owns 85,159 shares of the company's stock, valued at $5,110,391.59. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Patrick E. Bowe sold 1,338 shares of the firm's stock in a transaction on Tuesday, March 19th. The shares were sold at an average price of $55.12, for a total value of $73,750.56. Following the completion of the sale, the chief executive officer now owns 89,315 shares in the company, valued at $4,923,042.80. The disclosure for this sale can be found here. Insiders sold 45,245 shares of company stock valued at $2,534,099 in the last three months. 5.10% of the stock is owned by corporate insiders.

Andersons Trading Up 0.5 %

NASDAQ:ANDE traded up $0.31 on Friday, reaching $56.91. 152,469 shares of the company's stock were exchanged, compared to its average volume of 164,113. The firm has a market capitalization of $1.94 billion, a price-to-earnings ratio of 19.36 and a beta of 0.68. The Andersons, Inc. has a 52-week low of $35.69 and a 52-week high of $61.46. The company has a quick ratio of 1.00, a current ratio of 1.72 and a debt-to-equity ratio of 0.37. The business has a fifty day moving average of $55.80 and a 200-day moving average of $53.69.

Andersons (NASDAQ:ANDE - Get Free Report) last announced its earnings results on Wednesday, February 21st. The basic materials company reported $1.59 earnings per share for the quarter, topping the consensus estimate of $1.11 by $0.48. Andersons had a net margin of 0.69% and a return on equity of 8.19%. The firm had revenue of $3.21 billion for the quarter, compared to the consensus estimate of $4.26 billion. During the same period in the prior year, the firm earned $0.98 EPS. The firm's revenue for the quarter was down 31.3% on a year-over-year basis. As a group, analysts expect that The Andersons, Inc. will post 2.54 earnings per share for the current year.

Andersons Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, April 22nd. Investors of record on Monday, April 1st were issued a $0.19 dividend. The ex-dividend date of this dividend was Thursday, March 28th. This represents a $0.76 dividend on an annualized basis and a yield of 1.34%. Andersons's dividend payout ratio (DPR) is presently 25.85%.

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.