900 Shares in Archer-Daniels-Midland Company (NYSE:ADM) Bought by Union Bancaire Privee UBP SA

Union Bancaire Privee UBP SA purchased a new position in shares of Archer-Daniels-Midland Company (NYSE:ADM) during the fourth quarter, HoldingsChannel reports. The firm purchased 900 shares of the company’s stock, valued at approximately $45,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in ADM. West Financial Advisors LLC boosted its stake in Archer-Daniels-Midland by 10.1% in the fourth quarter. West Financial Advisors LLC now owns 2,201 shares of the company’s stock valued at $111,000 after acquiring an additional 201 shares during the last quarter. Hantz Financial Services Inc. grew its holdings in shares of Archer-Daniels-Midland by 10.8% during the 4th quarter. Hantz Financial Services Inc. now owns 2,152 shares of the company’s stock valued at $109,000 after purchasing an additional 210 shares during the last quarter. Invesco LLC increased its stake in shares of Archer-Daniels-Midland by 1.3% in the fourth quarter. Invesco LLC now owns 16,242 shares of the company’s stock worth $821,000 after buying an additional 211 shares during the period. Advisory Alpha LLC lifted its holdings in Archer-Daniels-Midland by 2.8% in the 4th quarter. Advisory Alpha LLC now owns 7,952 shares of the company’s stock worth $402,000 after buying an additional 216 shares during the period. Finally, Greenwich Wealth Management LLC increased its position in shares of Archer-Daniels-Midland by 0.5% during the third quarter. Greenwich Wealth Management LLC now owns 48,140 shares of the company’s stock valued at $2,876,000 after buying an additional 217 shares during the period. Institutional investors and hedge funds own 78.28% of the company’s stock.

Archer-Daniels-Midland Price Performance

Shares of NYSE ADM opened at $48.80 on Wednesday. The company has a 50 day moving average of $49.35 and a 200 day moving average of $54.16. 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 twelve month low of $44.92 and a twelve month high of $66.08. The firm has a market cap of $23.41 billion, a P/E ratio of 13.52, a PEG ratio of 1.54 and a beta of 0.72.

Archer-Daniels-Midland (NYSE:ADM) last released its quarterly earnings data on Tuesday, February 4th. The company reported $1.14 EPS for the quarter, topping the consensus estimate of $1.07 by $0.07. The company had revenue of $21.50 billion during the quarter, compared to the consensus estimate of $22.77 billion. Archer-Daniels-Midland had a return on equity of 10.44% and a net margin of 2.10%. Archer-Daniels-Midland’s revenue for the quarter was down 6.4% on a year-over-year basis. During the same period last year, the company earned $1.36 EPS. As a group, research analysts expect that Archer-Daniels-Midland Company will post 4.31 EPS for the current fiscal year.

Archer-Daniels-Midland declared that its board has initiated a share buyback program on Wednesday, December 11th that permits the company to repurchase 100,000,000 outstanding shares. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s board of directors believes its stock is undervalued.

Archer-Daniels-Midland Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 11th. Shareholders of record on Tuesday, February 18th will be given a $0.51 dividend. This represents a $2.04 dividend on an annualized basis and a yield of 4.18%. The ex-dividend date is Tuesday, February 18th. This is an increase from Archer-Daniels-Midland’s previous quarterly dividend of $0.50. Archer-Daniels-Midland’s payout ratio is 56.51%.

Analyst Upgrades and Downgrades

ADM has been the subject of a number of research analyst reports. Citigroup raised their target price on Archer-Daniels-Midland from $51.00 to $55.00 and gave the company a “neutral” rating in a research note on Wednesday, December 4th. Morgan Stanley dropped their target price on shares of Archer-Daniels-Midland from $52.00 to $47.00 and set an “equal weight” rating on the stock in a report on Tuesday, February 11th. Barclays lowered 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. BMO Capital Markets cut their price objective on shares of Archer-Daniels-Midland from $51.00 to $49.00 and set a “market perform” rating on the stock in a report on Wednesday, February 5th. Finally, Stephens lowered their target price on shares of Archer-Daniels-Midland from $55.00 to $52.00 in a report on Tuesday, February 4th. Two analysts have rated the stock with a sell rating and seven have assigned a hold rating to the stock. Based on data from MarketBeat.com, Archer-Daniels-Midland currently has a consensus rating of “Hold” and an average price target of $54.89.

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.