Semanteon Capital Management LP Makes New Investment in Archer-Daniels-Midland Company (NYSE:ADM)

Semanteon Capital Management LP bought a new stake in Archer-Daniels-Midland Company (NYSE:ADM - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 12,146 shares of the company's stock, valued at approximately $614,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Fairway Wealth LLC acquired a new stake in Archer-Daniels-Midland during the 4th quarter worth about $25,000. Raleigh Capital Management Inc. grew its stake in Archer-Daniels-Midland by 179.4% during the fourth quarter. Raleigh Capital Management Inc. now owns 556 shares of the company's stock worth $28,000 after purchasing an additional 357 shares during the period. Stonebridge Financial Group LLC bought a new stake in Archer-Daniels-Midland in the fourth quarter worth approximately $28,000. ST Germain D J Co. Inc. lifted its stake in Archer-Daniels-Midland by 724.6% in the fourth quarter. ST Germain D J Co. Inc. now owns 569 shares of the company's stock valued at $29,000 after buying an additional 500 shares during the period. Finally, Crews Bank & Trust bought a new position in shares of Archer-Daniels-Midland during the 4th quarter worth approximately $30,000. Institutional investors and hedge funds own 78.28% of the company's stock.

Archer-Daniels-Midland Stock Performance

ADM traded up $0.96 during trading on Wednesday, hitting $47.01. 2,985,616 shares of the company traded hands, compared to its average volume of 3,441,826. The firm has a market cap of $22.55 billion, a P/E ratio of 13.02, a price-to-earnings-growth ratio of 1.54 and a beta of 0.67. 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 Company has a one year low of $44.92 and a one year high of $66.08. The stock's fifty day moving average is $48.10 and its 200 day moving average is $52.38.

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

Archer-Daniels-Midland declared that its board has authorized a stock repurchase program on Wednesday, December 11th that allows the company to repurchase 100,000,000 shares. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's leadership believes its shares are undervalued.

Archer-Daniels-Midland Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 11th. Investors of record on Tuesday, February 18th were paid a $0.51 dividend. This is a boost from Archer-Daniels-Midland's previous quarterly dividend of $0.50. This represents a $2.04 dividend on an annualized basis and a yield of 4.34%. The ex-dividend date was Tuesday, February 18th. Archer-Daniels-Midland's payout ratio is currently 56.51%.

Analyst Ratings Changes

ADM has been the topic of several recent research reports. Stephens cut their price target on Archer-Daniels-Midland from $55.00 to $52.00 in a report on Tuesday, February 4th. Barclays reduced their price target on shares of Archer-Daniels-Midland from $50.00 to $48.00 and set an "underweight" rating for the company in a research report on Monday, February 24th. BMO Capital Markets decreased their target price on shares of Archer-Daniels-Midland from $51.00 to $49.00 and set a "market perform" rating for the company in a research report on Wednesday, February 5th. Morgan Stanley lowered their target price on shares of 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. Finally, Bank of America cut their price target on shares of Archer-Daniels-Midland from $54.00 to $48.00 and set an "underperform" rating on the stock in a report on Tuesday, February 11th. Two equities research analysts have rated the stock with a sell rating and six have issued a hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $53.63.

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.