Swedbank AB lessened its stake in Archer-Daniels-Midland Firm (NYSE:ADM – Free Report) by 0.6% within the third quarter, in line with its most up-to-date Type 13F submitting with the Securities and Alternate Fee (SEC). The institutional investor owned 364,963 shares of the corporate’s inventory after promoting 2,123 shares through the interval. Swedbank AB’s holdings in Archer-Daniels-Midland have been value $21,803,000 as of its most up-to-date submitting with the Securities and Alternate Fee (SEC).
Different hedge funds additionally just lately made modifications to their positions within the firm. Pacer Advisors Inc. elevated its holdings in shares of Archer-Daniels-Midland by 15,790.1% within the 2nd quarter. Pacer Advisors Inc. now owns 7,596,892 shares of the corporate’s inventory valued at $459,232,000 after buying a further 7,549,083 shares through the interval. Vanguard Group Inc. boosted its holdings in shares of Archer-Daniels-Midland by 12.1% within the first quarter. Vanguard Group Inc. now owns 67,826,217 shares of the corporate’s inventory valued at $4,260,165,000 after buying a further 7,320,289 shares within the final quarter. Jacobs Levy Fairness Administration Inc. lifted its holdings in Archer-Daniels-Midland by 141.6% within the first quarter. Jacobs Levy Fairness Administration Inc. now owns 2,991,324 shares of the corporate’s inventory valued at $187,885,000 after buying a further 1,753,077 shares through the interval. AQR Capital Administration LLC elevated its holdings in shares of Archer-Daniels-Midland by 73.6% within the 2nd quarter. AQR Capital Administration LLC now owns 2,830,927 shares of the corporate’s inventory valued at $170,960,000 after buying a further 1,199,992 shares within the final quarter. Lastly, ProShare Advisors LLC lifted its place in shares of Archer-Daniels-Midland by 40.7% through the 1st quarter. ProShare Advisors LLC now owns 3,309,140 shares of the corporate’s inventory valued at $207,847,000 after buying a further 957,270 shares through the interval. Hedge funds and different institutional traders personal 78.28% of the corporate’s inventory.
Archer-Daniels-Midland Inventory Up 1.1 %
NYSE:ADM opened at $58.29 on Thursday. The corporate has a debt-to-equity ratio of 0.37, a fast ratio of 0.88 and a present ratio of 1.44. The corporate has a market capitalization of $28.82 billion, a price-to-earnings ratio of 10.23 and a beta of 0.72. Archer-Daniels-Midland Firm has a one 12 months low of $50.72 and a one 12 months excessive of $77.35. The inventory has a 50-day easy transferring common of $59.49 and a 200 day easy transferring common of $60.88.
Archer-Daniels-Midland (NYSE:ADM – Get Free Report) final posted its earnings outcomes on Tuesday, July thirtieth. The corporate reported $1.03 EPS for the quarter, lacking the consensus estimate of $1.22 by ($0.19). The corporate had income of $22.25 billion for the quarter, in comparison with the consensus estimate of $23.12 billion. Archer-Daniels-Midland had a web margin of two.93% and a return on fairness of 12.06%. The agency’s income for the quarter was down 11.7% in comparison with the identical quarter final 12 months. Throughout the identical interval final 12 months, the corporate posted $1.89 earnings per share. Promote-side analysts predict that Archer-Daniels-Midland Firm will put up 5.33 EPS for the present fiscal 12 months.
Archer-Daniels-Midland Publicizes Dividend
The corporate additionally just lately introduced a quarterly dividend, which was paid on Wednesday, September eleventh. Traders of document on Wednesday, August twenty first have been issued a dividend of $0.50 per share. The ex-dividend date was Wednesday, August twenty first. This represents a $2.00 annualized dividend and a yield of three.43%. Archer-Daniels-Midland’s payout ratio is 35.09%.
Analyst Rankings Adjustments
Quite a lot of brokerages have just lately weighed in on ADM. Citigroup dropped their worth goal on shares of Archer-Daniels-Midland from $64.00 to $63.00 and set a “impartial” score for the corporate in a analysis notice on Monday, July fifteenth. UBS Group lifted their worth goal on Archer-Daniels-Midland from $60.00 to $64.00 and gave the inventory a “impartial” score in a analysis report on Monday, September ninth. Lastly, JPMorgan Chase & Co. upped their worth goal on shares of Archer-Daniels-Midland from $65.00 to $66.00 and gave the corporate a “impartial” score in a analysis notice on Wednesday, July thirty first. One analysis analyst has rated the inventory with a promote score and fifteen have given a maintain score to the inventory. In line with MarketBeat, the corporate presently has a median score of “Maintain” and a consensus goal worth of $65.62.
Test Out Our Newest Inventory Evaluation on Archer-Daniels-Midland
Insiders Place Their Bets
In different information, CEO Juan R. Luciano bought 170,194 shares of the corporate’s inventory in a transaction on Tuesday, September third. The inventory was bought at a median worth of $60.51, for a complete worth of $10,298,438.94. Following the completion of the sale, the chief government officer now owns 265,210 shares within the firm, valued at $16,047,857.10. This represents a 0.00 % lower of their possession of the inventory. The sale was disclosed in a submitting with the SEC, which is obtainable by means of this hyperlink. In different information, CEO Juan R. Luciano bought 170,194 shares of Archer-Daniels-Midland inventory in a transaction that occurred on Tuesday, September third. The shares have been bought at a median worth of $60.51, for a complete worth of $10,298,438.94. Following the transaction, the chief government officer now owns 265,210 shares of the corporate’s inventory, valued at $16,047,857.10. The commerce was a 0.00 % lower of their place. The sale was disclosed in a doc filed with the SEC, which is accessible by means of this hyperlink. Additionally, CEO Juan R. Luciano bought 45,471 shares of the agency’s inventory in a transaction on Friday, August thirtieth. The inventory was bought at a median worth of $61.00, for a complete worth of $2,773,731.00. Following the sale, the chief government officer now instantly owns 265,210 shares of the corporate’s inventory, valued at roughly $16,177,810. This represents a 0.00 % lower of their possession of the inventory. The disclosure for this sale might be discovered right here. Insiders bought 219,348 shares of firm inventory value $13,296,833 during the last ninety days. Firm insiders personal 1.20% of the corporate’s inventory.
Archer-Daniels-Midland Firm Profile
Archer-Daniels-Midland Firm engages within the procurement, transportation, storage, processing, and merchandising of agricultural commodities, elements, flavors, and options in the US, Switzerland, the Cayman Islands, Brazil, Mexico, Canada, the UK, and internationally. It operates in three segments: Ag Providers and Oilseeds, Carbohydrate Options, and Diet.
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