Archer-Daniels-Midland Company (NYSE:ADM) Shares Sold by Natixis

Natixis lessened its stake in Archer-Daniels-Midland Company (NYSE:ADM - Free Report) by 54.4% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 51,153 shares of the company's stock after selling 61,135 shares during the quarter. Natixis' holdings in Archer-Daniels-Midland were worth $2,584,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in ADM. Barclays PLC boosted its stake in shares of Archer-Daniels-Midland by 52.0% in the 3rd quarter. Barclays PLC now owns 1,502,158 shares of the company's stock valued at $89,738,000 after buying an additional 514,005 shares during the period. Invst LLC purchased a new position in shares of Archer-Daniels-Midland in the 3rd quarter valued at about $640,000. Virtu Financial LLC purchased a new position in shares of Archer-Daniels-Midland in the 3rd quarter valued at about $981,000. World Investment Advisors LLC purchased a new position in shares of Archer-Daniels-Midland in the 3rd quarter valued at about $1,204,000. Finally, Wilmington Savings Fund Society FSB purchased a new position in shares of Archer-Daniels-Midland in the 3rd quarter valued at about $425,000. Hedge funds and other institutional investors own 78.28% of the company's stock.

Analysts Set New Price Targets

ADM has been the subject of several recent analyst reports. Bank of America upgraded Archer-Daniels-Midland from an "underperform" rating to a "neutral" rating and decreased their target price for the stock from $48.00 to $47.00 in a research note on Tuesday, April 15th. Morgan Stanley decreased their target price on Archer-Daniels-Midland from $52.00 to $47.00 and set an "equal weight" rating for the company in a research note on Tuesday, February 11th. Barclays decreased their target price on Archer-Daniels-Midland from $50.00 to $48.00 and set an "underweight" rating for the company in a research note on Monday, February 24th. Citigroup decreased their target price on Archer-Daniels-Midland from $51.00 to $49.00 and set a "neutral" rating for the company in a research note on Tuesday, April 15th. Finally, Stephens decreased their target price on Archer-Daniels-Midland from $55.00 to $52.00 in a research note on Tuesday, February 4th. One equities research analyst has rated the stock with a sell rating and seven have given a hold rating to the stock. According to data from MarketBeat.com, Archer-Daniels-Midland currently has a consensus rating of "Hold" and a consensus target price of $52.75.

Archer-Daniels-Midland Stock Performance

ADM traded down $0.54 during trading on Friday, hitting $48.24. 2,261,729 shares of the stock were exchanged, compared to its average volume of 3,620,453. The firm has a market capitalization of $23.14 billion, a P/E ratio of 13.36, a PEG ratio of 1.54 and a beta of 0.66. Archer-Daniels-Midland Company has a 1-year low of $40.98 and a 1-year high of $66.08. The stock has a fifty day moving average price of $46.86 and a two-hundred day moving average price of $50.14. The company has a quick ratio of 0.81, a current ratio of 1.39 and a debt-to-equity ratio of 0.34.

Archer-Daniels-Midland (NYSE:ADM - Get Free Report) last released its quarterly earnings results on Tuesday, February 4th. The company reported $1.14 EPS for the quarter, topping the consensus estimate of $1.07 by $0.07. The company had revenue of $21.50 billion for the quarter, compared to analyst estimates of $22.77 billion. Archer-Daniels-Midland had a return on equity of 10.44% and a net margin of 2.10%. The firm's revenue was down 6.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.36 earnings per share. As a group, sell-side analysts predict that Archer-Daniels-Midland Company will post 4.31 earnings per share for the current year.

Archer-Daniels-Midland Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 11th. Stockholders of record on Tuesday, February 18th were issued a $0.51 dividend. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 4.23%. This is a positive change from Archer-Daniels-Midland's previous quarterly dividend of $0.50. Archer-Daniels-Midland's payout ratio is presently 56.51%.

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.