Archer-Daniels-Midland Company (NYSE:ADM) Shares Sold by ORG Partners LLC

ORG Partners LLC lowered its holdings in Archer-Daniels-Midland Company (NYSE:ADM) by 47.7% during the 4th quarter, HoldingsChannel.com reports. The firm owned 2,484 shares of the company’s stock after selling 2,268 shares during the quarter. ORG Partners LLC’s holdings in Archer-Daniels-Midland were worth $180,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. PCA Investment Advisory Services Inc. purchased a new position in shares of Archer-Daniels-Midland in the second quarter worth approximately $25,000. Orion Capital Management LLC purchased a new position in shares of Archer-Daniels-Midland in the third quarter worth approximately $28,000. Tompkins Financial Corp purchased a new position in shares of Archer-Daniels-Midland in the third quarter worth approximately $28,000. Legacy Financial Group LLC acquired a new stake in shares of Archer-Daniels-Midland during the third quarter worth approximately $30,000. Finally, Operose Advisors LLC acquired a new stake in shares of Archer-Daniels-Midland during the third quarter worth approximately $30,000. 78.28% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts recently commented on the stock. Robert W. Baird cut shares of Archer-Daniels-Midland from an “outperform” rating to a “neutral” rating and decreased their price target for the stock from $96.00 to $61.00 in a report on Monday, January 22nd. UBS Group restated a “neutral” rating and set a $51.00 price target (down from $104.00) on shares of Archer-Daniels-Midland in a report on Friday, January 26th. Argus cut shares of Archer-Daniels-Midland from a “buy” rating to a “hold” rating in a report on Tuesday, January 23rd. StockNews.com cut shares of Archer-Daniels-Midland from a “buy” rating to a “hold” rating in a report on Monday, January 22nd. Finally, Bank of America decreased their price target on shares of Archer-Daniels-Midland from $85.00 to $74.00 and set a “neutral” rating for the company in a report on Thursday, March 14th. One analyst has rated the stock with a sell rating and fifteen have issued a hold rating to the stock. According to MarketBeat.com, Archer-Daniels-Midland has an average rating of “Hold” and an average target price of $67.50.

Archer-Daniels-Midland Trading Down 2.6 %

NYSE:ADM opened at $60.97 on Monday. Archer-Daniels-Midland Company has a 12 month low of $50.72 and a 12 month high of $87.30. The firm has a market cap of $30.59 billion, a price-to-earnings ratio of 9.53 and a beta of 0.77. The company has a quick ratio of 0.95, a current ratio of 1.60 and a debt-to-equity ratio of 0.34. The company’s 50 day moving average is $57.47 and its 200-day moving average is $66.03.

Archer-Daniels-Midland (NYSE:ADM) last released its quarterly earnings results on Tuesday, March 12th. The company reported $1.36 EPS for the quarter, missing analysts’ consensus estimates of $1.43 by ($0.07). Archer-Daniels-Midland had a net margin of 3.71% and a return on equity of 15.25%. The firm had revenue of $22.98 billion during the quarter, compared to the consensus estimate of $23.79 billion. During the same period in the prior year, the business earned $1.93 EPS. The company’s revenue for the quarter was down 11.4% compared to the same quarter last year. Equities analysts anticipate that Archer-Daniels-Midland Company will post 5.48 EPS for the current year.

Archer-Daniels-Midland declared that its Board of Directors has initiated 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 buy up to 6.4% of its shares through open market purchases. Shares buyback programs are typically a sign that the company’s management believes its stock is undervalued.

Archer-Daniels-Midland Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, February 29th. Stockholders of record on Thursday, February 8th were given a $0.50 dividend. This is a positive change from Archer-Daniels-Midland’s previous quarterly dividend of $0.45. The ex-dividend date was Wednesday, February 7th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.28%. Archer-Daniels-Midland’s dividend payout ratio (DPR) is currently 31.25%.

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.