Aull & Monroe Investment Management Corp Decreases Stake in Archer Daniels Midland Company $ADM

Aull & Monroe Investment Management Corp decreased its position in Archer Daniels Midland Company (NYSE:ADM) by 24.8% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 8,624 shares of the company’s stock after selling 2,850 shares during the period. Aull & Monroe Investment Management Corp’s holdings in Archer Daniels Midland were worth $455,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of the stock. Wellington Management Group LLP increased its stake in shares of Archer Daniels Midland by 17.9% during the 1st quarter. Wellington Management Group LLP now owns 24,944,136 shares of the company’s stock worth $1,197,568,000 after purchasing an additional 3,791,597 shares during the last quarter. Charles Schwab Investment Management Inc. increased its stake in shares of Archer Daniels Midland by 350.4% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 17,455,324 shares of the company’s stock worth $838,030,000 after purchasing an additional 13,579,379 shares during the last quarter. Northern Trust Corp increased its stake in shares of Archer Daniels Midland by 3.7% during the 1st quarter. Northern Trust Corp now owns 11,448,325 shares of the company’s stock worth $549,634,000 after purchasing an additional 413,314 shares during the last quarter. Invesco Ltd. increased its stake in shares of Archer Daniels Midland by 8.5% during the 1st quarter. Invesco Ltd. now owns 7,753,585 shares of the company’s stock worth $372,250,000 after purchasing an additional 607,767 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in shares of Archer Daniels Midland by 6.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 3,015,752 shares of the company’s stock worth $144,783,000 after purchasing an additional 184,852 shares during the last quarter. Hedge funds and other institutional investors own 78.28% of the company’s stock.

Archer Daniels Midland Stock Up 0.6%

Shares of NYSE:ADM opened at $63.29 on Friday. The firm has a fifty day moving average price of $61.35 and a two-hundred day moving average price of $54.32. 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 one year low of $40.98 and a one year high of $64.57. The company has a market cap of $30.41 billion, a price-to-earnings ratio of 27.88, a PEG ratio of 5.00 and a beta of 0.70.

Archer Daniels Midland (NYSE:ADM) last announced its quarterly 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 firm had revenue of $21.70 billion during the quarter. Analysts anticipate that Archer Daniels Midland Company will post 4.31 EPS for the current fiscal year.

Archer Daniels Midland Dividend Announcement

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

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on ADM. Weiss Ratings restated a “hold (c)” rating on shares of Archer Daniels Midland in a research note on Wednesday, October 8th. Barclays upgraded shares of Archer Daniels Midland from an “underweight” rating to an “equal weight” rating and lifted their price objective for the company from $50.00 to $61.00 in a research note on Wednesday, August 6th. Wall Street Zen upgraded shares of Archer Daniels Midland from a “sell” rating to a “hold” rating in a research note on Saturday, August 9th. JPMorgan Chase & Co. assumed coverage on shares of Archer Daniels Midland in a research note on Wednesday, August 20th. They issued a “neutral” rating and a $61.00 price objective for the company. Finally, UBS Group reiterated a “buy” rating and issued a $70.00 price objective (up from $60.00) on shares of Archer Daniels Midland in a research note on Monday, August 11th. One analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target 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.