U.S. Capital Wealth Advisors LLC Raises Holdings in Archer-Daniels-Midland Company (NYSE:ADM)

U.S. Capital Wealth Advisors LLC lifted its position in Archer-Daniels-Midland Company (NYSE:ADM - Free Report) by 90.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 26,867 shares of the company's stock after purchasing an additional 12,735 shares during the quarter. U.S. Capital Wealth Advisors LLC's holdings in Archer-Daniels-Midland were worth $1,940,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the company. Northern Trust Corp raised its stake in shares of Archer-Daniels-Midland by 1.9% in the third quarter. Northern Trust Corp now owns 13,303,791 shares of the company's stock worth $1,003,372,000 after purchasing an additional 252,486 shares during the last quarter. Morgan Stanley raised its position in Archer-Daniels-Midland by 41.8% during the third quarter. Morgan Stanley now owns 8,641,438 shares of the company's stock valued at $651,737,000 after acquiring an additional 2,547,232 shares in the last quarter. Ameriprise Financial Inc. raised its position in Archer-Daniels-Midland by 5.6% during the third quarter. Ameriprise Financial Inc. now owns 3,696,394 shares of the company's stock valued at $278,779,000 after acquiring an additional 195,255 shares in the last quarter. AQR Capital Management LLC raised its position in Archer-Daniels-Midland by 31.4% during the third quarter. AQR Capital Management LLC now owns 2,864,305 shares of the company's stock valued at $216,026,000 after acquiring an additional 683,984 shares in the last quarter. Finally, LSV Asset Management raised its position in Archer-Daniels-Midland by 6.8% during the fourth quarter. LSV Asset Management now owns 2,557,441 shares of the company's stock valued at $184,698,000 after acquiring an additional 162,145 shares in the last quarter. 78.28% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

ADM has been the subject of several recent research reports. The Goldman Sachs Group cut Archer-Daniels-Midland from a "buy" rating to a "neutral" rating and reduced their price target for the company from $90.00 to $67.00 in a research report on Monday, January 22nd. StockNews.com cut Archer-Daniels-Midland from a "buy" rating to a "hold" rating in a research report on Monday, January 22nd. Barclays cut Archer-Daniels-Midland from an "overweight" rating to an "underweight" rating and set a $60.00 price target for the company. in a research report on Monday, January 22nd. BMO Capital Markets dropped their price objective on Archer-Daniels-Midland from $66.00 to $60.00 and set a "market perform" rating on the stock in a report on Wednesday, March 13th. Finally, Argus lowered Archer-Daniels-Midland from a "buy" rating to a "hold" rating in a report on Tuesday, January 23rd. One investment analyst has rated the stock with a sell rating and fifteen have issued a hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $67.50.

Archer-Daniels-Midland Price Performance

Shares of NYSE:ADM traded down $0.18 during trading on Friday, reaching $59.17. The stock had a trading volume of 3,273,862 shares, compared to its average volume of 3,743,537. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.95 and a current ratio of 1.47. The business has a fifty day moving average price of $59.63 and a 200-day moving average price of $64.60. The stock has a market cap of $29.26 billion, a PE ratio of 10.38 and a beta of 0.78. Archer-Daniels-Midland Company has a 1-year low of $50.72 and a 1-year high of $87.30.

Archer-Daniels-Midland (NYSE:ADM - Get Free Report) last issued its quarterly earnings results on Tuesday, April 30th. The company reported $1.46 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.35 by $0.11. The firm had revenue of $21.85 billion for the quarter, compared to analyst estimates of $22.26 billion. Archer-Daniels-Midland had a return on equity of 13.87% and a net margin of 3.32%. The business's revenue was down 9.2% on a year-over-year basis. During the same period in the previous year, the company posted $2.09 earnings per share. On average, equities analysts forecast that Archer-Daniels-Midland Company will post 5.58 earnings per share for the current fiscal year.

Archer-Daniels-Midland Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 5th. Shareholders of record on Thursday, May 16th will be paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 3.38%. The ex-dividend date is Wednesday, May 15th. Archer-Daniels-Midland's dividend payout ratio (DPR) is currently 35.09%.

Archer-Daniels-Midland declared that its board has authorized a share buyback program on Tuesday, March 12th that authorizes the company to buyback $2.00 billion in outstanding shares. This buyback authorization authorizes the company to reacquire up to 6.4% of its shares through open market purchases. Shares buyback programs are usually a sign that the company's board believes its stock is undervalued.

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.