Robinson Value Management Ltd. Sells 691 Shares of Archer Daniels Midland Company $ADM

Robinson Value Management Ltd. lowered its stake in Archer Daniels Midland Company (NYSE:ADM) by 0.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 94,724 shares of the company’s stock after selling 691 shares during the period. Archer Daniels Midland comprises 3.1% of Robinson Value Management Ltd.’s investment portfolio, making the stock its 4th biggest position. Robinson Value Management Ltd.’s holdings in Archer Daniels Midland were worth $5,000,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. GAMMA Investing LLC lifted its stake in Archer Daniels Midland by 52.8% in the first quarter. GAMMA Investing LLC now owns 11,222 shares of the company’s stock worth $539,000 after acquiring an additional 3,880 shares during the last quarter. SG Americas Securities LLC acquired a new stake in shares of Archer Daniels Midland in the 1st quarter valued at $333,000. Wealth Enhancement Advisory Services LLC lifted its position in shares of Archer Daniels Midland by 0.6% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 53,303 shares of the company’s stock worth $2,559,000 after purchasing an additional 343 shares during the last quarter. Sagespring Wealth Partners LLC grew its stake in shares of Archer Daniels Midland by 4.1% during the first quarter. Sagespring Wealth Partners LLC now owns 6,023 shares of the company’s stock worth $289,000 after purchasing an additional 239 shares in the last quarter. Finally, QRG Capital Management Inc. increased its holdings in Archer Daniels Midland by 1.3% in the first quarter. QRG Capital Management Inc. now owns 46,960 shares of the company’s stock valued at $2,255,000 after buying an additional 580 shares during the last quarter. 78.28% of the stock is currently owned by hedge funds and other institutional investors.

Archer Daniels Midland Stock Performance

NYSE:ADM opened at $63.29 on Friday. The firm has a market cap of $30.41 billion, a price-to-earnings ratio of 27.88, a price-to-earnings-growth ratio of 4.96 and a beta of 0.70. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.42 and a quick ratio of 0.90. Archer Daniels Midland Company has a 1-year low of $40.98 and a 1-year high of $64.57. The firm’s fifty day moving average price is $61.35 and its 200 day moving average price is $54.27.

Archer Daniels Midland (NYSE:ADM) last released its earnings results on Monday, December 2nd. The company reported $1.63 EPS for the quarter. Archer Daniels Midland had a net margin of 1.33% and a return on equity of 8.43%. The company had revenue of $21.70 billion during the quarter. On average, sell-side analysts expect that Archer Daniels Midland Company will post 4.31 EPS for the current year.

Archer Daniels Midland Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 10th. Stockholders of record on Wednesday, August 20th were issued a $0.51 dividend. This represents a $2.04 annualized dividend and a dividend yield of 3.2%. The ex-dividend date of this dividend was Wednesday, August 20th. Archer Daniels Midland’s dividend payout ratio (DPR) is currently 89.87%.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on ADM. Barclays raised Archer Daniels Midland from an “underweight” rating to an “equal weight” rating and lifted their price target for the stock from $50.00 to $61.00 in a report on Wednesday, August 6th. Wall Street Zen raised shares of Archer Daniels Midland from a “sell” rating to a “hold” rating in a research report on Saturday, August 9th. JPMorgan Chase & Co. assumed coverage on Archer Daniels Midland in a research report on Wednesday, August 20th. They set a “neutral” rating and a $61.00 target price on the stock. Morgan Stanley lifted their price target on Archer Daniels Midland from $47.00 to $57.00 and gave the stock an “equal weight” rating in a research report on Tuesday, August 12th. Finally, UBS Group reissued a “buy” rating and issued a $70.00 price objective (up from $60.00) on shares of Archer Daniels Midland in a report on Monday, August 11th. One equities research analyst has rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Archer Daniels Midland has an average rating of “Hold” and a consensus target price of $55.50.

Archer Daniels Midland Company 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.