Rockefeller Capital Management L.P. Has $979,000 Stock Holdings in Archer-Daniels-Midland Company (NYSE:ADM)

Rockefeller Capital Management L.P. grew its holdings in Archer-Daniels-Midland Company (NYSE:ADM - Free Report) by 37.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 19,295 shares of the company's stock after acquiring an additional 5,303 shares during the quarter. Rockefeller Capital Management L.P.'s holdings in Archer-Daniels-Midland were worth $979,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Sterling Capital Management LLC boosted its stake in Archer-Daniels-Midland by 54.9% during the fourth quarter. Sterling Capital Management LLC now owns 28,267 shares of the company's stock worth $1,428,000 after buying an additional 10,024 shares in the last quarter. Quinn Opportunity Partners LLC bought a new stake in Archer-Daniels-Midland in the fourth quarter valued at $1,010,000. Jaffetilchin Investment Partners LLC lifted its holdings in shares of Archer-Daniels-Midland by 35.1% during the fourth quarter. Jaffetilchin Investment Partners LLC now owns 4,495 shares of the company's stock valued at $227,000 after acquiring an additional 1,168 shares during the period. Covestor Ltd grew its holdings in shares of Archer-Daniels-Midland by 42.2% in the 4th quarter. Covestor Ltd now owns 3,759 shares of the company's stock worth $189,000 after purchasing an additional 1,115 shares during the last quarter. Finally, Treasurer of the State of North Carolina increased its position in shares of Archer-Daniels-Midland by 2.9% during the 4th quarter. Treasurer of the State of North Carolina now owns 230,879 shares of the company's stock worth $11,664,000 after purchasing an additional 6,510 shares in the last quarter. 78.28% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have commented on ADM. Citigroup reduced 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 report on Tuesday, April 15th. Bank of America raised Archer-Daniels-Midland from an "underperform" rating to a "neutral" rating and reduced their target price for the stock from $48.00 to $47.00 in a report on Tuesday, April 15th. Barclays dropped their price target on Archer-Daniels-Midland from $50.00 to $48.00 and set an "underweight" rating for the company in a report on Monday, February 24th. Stephens decreased their target price on Archer-Daniels-Midland from $55.00 to $52.00 in a report on Tuesday, February 4th. Finally, Morgan Stanley cut their price target on Archer-Daniels-Midland from $52.00 to $47.00 and set an "equal weight" rating for the company in a report on Tuesday, February 11th. One analyst has rated the stock with a sell rating and seven have given a hold rating to the company's stock. According to MarketBeat.com, Archer-Daniels-Midland currently has an average rating of "Hold" and an average price target of $52.75.

Archer-Daniels-Midland Trading Down 1.1 %

Shares of ADM traded down $0.54 during trading hours on Friday, hitting $48.24. 2,261,729 shares of the stock traded hands, compared to its average volume of 3,616,807. The business has a fifty day moving average of $46.86 and a 200-day moving average of $50.23. The firm has a market capitalization of $23.14 billion, a PE ratio of 13.36, a price-to-earnings-growth 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 company has a current ratio of 1.39, a quick ratio of 0.81 and a debt-to-equity ratio of 0.34.

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

Archer-Daniels-Midland Increases Dividend

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

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.