Dimensional Fund Advisors LP Sells 113,776 Shares of The Andersons, Inc. (NASDAQ:ANDE)

Dimensional Fund Advisors LP decreased its position in The Andersons, Inc. (NASDAQ:ANDE - Free Report) by 4.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,606,003 shares of the basic materials company's stock after selling 113,776 shares during the period. Dimensional Fund Advisors LP owned about 7.65% of Andersons worth $105,594,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in ANDE. Peoples Bank KS lifted its holdings in Andersons by 250.0% during the fourth quarter. Peoples Bank KS now owns 700 shares of the basic materials company's stock valued at $28,000 after purchasing an additional 500 shares during the last quarter. KBC Group NV boosted its holdings in Andersons by 70.3% in the 4th quarter. KBC Group NV now owns 1,558 shares of the basic materials company's stock worth $63,000 after buying an additional 643 shares during the period. EverSource Wealth Advisors LLC grew its stake in Andersons by 16.8% in the 4th quarter. EverSource Wealth Advisors LLC now owns 2,866 shares of the basic materials company's stock valued at $116,000 after buying an additional 412 shares in the last quarter. Walleye Capital LLC bought a new stake in shares of Andersons during the 4th quarter valued at $213,000. Finally, Arete Wealth Advisors LLC boosted its stake in Andersons by 9.4% in the 4th quarter. Arete Wealth Advisors LLC now owns 6,710 shares of the basic materials company's stock worth $272,000 after purchasing an additional 579 shares during the period. Hedge funds and other institutional investors own 87.06% of the company's stock.

Andersons Price Performance

NASDAQ:ANDE traded up $0.56 during trading hours on Friday, hitting $37.89. 40,020 shares of the company's stock traded hands, compared to its average volume of 245,893. The Andersons, Inc. has a 52 week low of $35.88 and a 52 week high of $57.39. The business's fifty day simple moving average is $40.58 and its two-hundred day simple moving average is $43.04. The company has a quick ratio of 0.90, a current ratio of 1.65 and a debt-to-equity ratio of 0.38. The firm has a market cap of $1.30 billion, a P/E ratio of 11.41 and a beta of 0.55.

Andersons (NASDAQ:ANDE - Get Free Report) last issued its quarterly earnings data on Tuesday, February 18th. The basic materials company reported $1.36 EPS for the quarter, topping the consensus estimate of $1.02 by $0.34. The company had revenue of $3.12 billion during the quarter, compared to analyst estimates of $2.72 billion. Andersons had a return on equity of 7.59% and a net margin of 1.01%. On average, research analysts anticipate that The Andersons, Inc. will post 3.11 earnings per share for the current fiscal year.

Andersons Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 22nd. Stockholders of record on Tuesday, April 1st were given a dividend of $0.195 per share. This represents a $0.78 annualized dividend and a dividend yield of 2.06%. The ex-dividend date was Tuesday, April 1st. Andersons's dividend payout ratio (DPR) is currently 23.49%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on ANDE shares. Stephens reissued an "overweight" rating and issued a $55.00 price target on shares of Andersons in a report on Wednesday, February 19th. StockNews.com cut shares of Andersons from a "buy" rating to a "hold" rating in a research note on Thursday, February 20th.

Insider Transactions at Andersons

In related news, VP Weston Heide sold 800 shares of the stock in a transaction on Wednesday, February 19th. The stock was sold at an average price of $48.00, for a total value of $38,400.00. Following the transaction, the vice president now owns 16,104 shares of the company's stock, valued at $772,992. This represents a 4.73 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 4.30% of the stock is currently owned by insiders.

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.