The Andersons, Inc. (NASDAQ:ANDE) VP Sells $38,400.00 in Stock

The Andersons, Inc. (NASDAQ:ANDE) VP Weston Heide sold 800 shares of the stock in a transaction that occurred on Wednesday, February 19th. The shares were sold at an average price of $48.00, for a total value of $38,400.00. Following the transaction, the vice president now directly owns 16,104 shares of the company’s stock, valued at $772,992. The trade was a 4.73 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Andersons Stock Performance

Shares of Andersons stock opened at $46.17 on Friday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.23 and a current ratio of 1.98. The business’s 50 day moving average price is $41.85 and its 200 day moving average price is $45.95. The company has a market cap of $1.57 billion, a price-to-earnings ratio of 13.91 and a beta of 0.58. The Andersons, Inc. has a one year low of $39.25 and a one year high of $61.46.

Andersons (NASDAQ:ANDE) last posted its quarterly earnings results on Tuesday, February 18th. The basic materials company reported $1.36 earnings per share for the quarter, beating the consensus estimate of $1.02 by $0.34. The business had revenue of $3.12 billion during the quarter, compared to analysts’ expectations of $2.72 billion. Andersons had a net margin of 1.01% and a return on equity of 7.71%. On average, research analysts predict that The Andersons, Inc. will post 3.11 EPS for the current year.

Andersons Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 22nd. Investors of record on Tuesday, April 1st will be given a dividend of $0.195 per share. This represents a $0.78 dividend on an annualized basis and a dividend yield of 1.69%. The ex-dividend date of this dividend is Tuesday, April 1st. Andersons’s payout ratio is 23.49%.

Analyst Ratings Changes

Several brokerages recently commented on ANDE. StockNews.com cut Andersons from a “buy” rating to a “hold” rating in a research report on Thursday. Stephens reiterated an “overweight” rating and issued a $55.00 target price on shares of Andersons in a research report on Wednesday.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Peoples Bank KS increased its position in shares of 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 acquiring an additional 500 shares during the last quarter. KBC Group NV grew its position in Andersons by 70.3% in the 4th quarter. KBC Group NV now owns 1,558 shares of the basic materials company’s stock valued at $63,000 after acquiring an additional 643 shares in the last quarter. Truvestments Capital LLC purchased a new stake in Andersons during the third quarter worth about $98,000. EverSource Wealth Advisors LLC lifted its position in shares of Andersons by 16.8% during the fourth quarter. EverSource Wealth Advisors LLC now owns 2,866 shares of the basic materials company’s stock worth $116,000 after purchasing an additional 412 shares in the last quarter. Finally, Point72 Hong Kong Ltd purchased a new position in shares of Andersons in the fourth quarter valued at approximately $189,000. Institutional investors and hedge funds own 87.06% of the company’s stock.

Andersons Company 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.