Barings LLC lifted its position in shares of Archer Daniels Midland Co (NYSE:ADM) by 141.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 169,607 shares of the company’s stock after buying an additional 99,269 shares during the period. Barings LLC’s holdings in Archer Daniels Midland were worth $6,798,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Advisory Services Network LLC raised its holdings in shares of Archer Daniels Midland by 10.8% during the 2nd quarter. Advisory Services Network LLC now owns 7,139 shares of the company’s stock valued at $295,000 after buying an additional 695 shares in the last quarter. Hermes Investment Management Ltd. raised its holdings in shares of Archer Daniels Midland by 6.1% during the 4th quarter. Hermes Investment Management Ltd. now owns 20,950 shares of the company’s stock valued at $840,000 after buying an additional 1,200 shares in the last quarter. First Manhattan Co. raised its holdings in shares of Archer Daniels Midland by 23.3% during the 4th quarter. First Manhattan Co. now owns 6,609 shares of the company’s stock valued at $264,000 after buying an additional 1,251 shares in the last quarter. Perpetual Ltd raised its holdings in shares of Archer Daniels Midland by 25.0% during the 2nd quarter. Perpetual Ltd now owns 6,500 shares of the company’s stock valued at $269,000 after buying an additional 1,300 shares in the last quarter. Finally, Nordea Investment Management AB raised its holdings in shares of Archer Daniels Midland by 3.9% during the 3rd quarter. Nordea Investment Management AB now owns 34,489 shares of the company’s stock valued at $1,466,000 after buying an additional 1,307 shares in the last quarter. 76.71% of the stock is currently owned by institutional investors.

Archer Daniels Midland Co (NYSE ADM) opened at $41.82 on Thursday. The company has a debt-to-equity ratio of 0.36, a current ratio of 9.60 and a quick ratio of 0.91. The company has a market capitalization of $23,119.41, a P/E ratio of 14.94 and a beta of 1.11. Archer Daniels Midland Co has a 12 month low of $38.59 and a 12 month high of $47.44.

Archer Daniels Midland (NYSE:ADM) last announced its quarterly earnings results on Tuesday, February 6th. The company reported $0.82 EPS for the quarter, topping the Zacks’ consensus estimate of $0.70 by $0.12. The business had revenue of $16.07 billion for the quarter, compared to analysts’ expectations of $16.64 billion. Archer Daniels Midland had a return on equity of 7.91% and a net margin of 2.62%. The business’s quarterly revenue was down 2.6% on a year-over-year basis. During the same period in the previous year, the firm earned $0.75 EPS. equities analysts predict that Archer Daniels Midland Co will post 2.76 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 13th. Shareholders of record on Tuesday, February 20th will be paid a $0.335 dividend. This is a boost from Archer Daniels Midland’s previous quarterly dividend of $0.32. This represents a $1.34 dividend on an annualized basis and a yield of 3.20%. The ex-dividend date is Friday, February 16th. Archer Daniels Midland’s payout ratio is 45.71%.

A number of equities analysts recently weighed in on ADM shares. Zacks Investment Research raised Archer Daniels Midland from a “sell” rating to a “hold” rating in a report on Tuesday, October 24th. Stifel Nicolaus set a $45.00 price objective on Archer Daniels Midland and gave the company a “hold” rating in a report on Wednesday, November 1st. TheStreet cut Archer Daniels Midland from a “b-” rating to a “c+” rating in a report on Tuesday, October 31st. BMO Capital Markets decreased their price objective on Archer Daniels Midland from $41.00 to $36.00 and set a “market perform” rating on the stock in a report on Wednesday, November 1st. Finally, Piper Jaffray Companies set a $39.00 price target on Archer Daniels Midland and gave the stock a “hold” rating in a research note on Tuesday, October 31st. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $42.22.

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Archer Daniels Midland Company Profile

Archer-Daniels-Midland Company is a processor of oilseeds, corn, wheat, cocoa and other agricultural commodities. The Company manufactures protein meal, vegetable oil, corn sweeteners, flour, biodiesel, ethanol, and other food and feed ingredients. Its segments include Agricultural Services, which utilizes its United States grain elevator, global transportation network and port operations to buy, store, clean and transport agricultural commodities, such as oilseeds, wheat, milo, oats, rice and barley, and resells these commodities primarily as food and feed ingredients and as raw materials for the agricultural processing industry; Corn Processing, which is engaged in corn wet milling and dry milling activities; Oilseeds Processing, which includes global activities related to the origination, merchandising, crushing and further processing of oilseeds; Wild Flavors and Specialty Ingredients products, which include flavors, sweeteners and health ingredients; Other, and Corporate.

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Institutional Ownership by Quarter for Archer Daniels Midland (NYSE:ADM)

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