FIL Ltd decreased its stake in Archer-Daniels-Midland Company (NYSE:ADM) by 0.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,204,124 shares of the company’s stock after selling 3,131 shares during the period. FIL Ltd owned about 0.56% of Archer-Daniels-Midland Company worth $146,268,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. State Street Corp increased its position in shares of Archer-Daniels-Midland Company by 2.2% in the fourth quarter. State Street Corp now owns 34,265,037 shares of the company’s stock valued at $1,564,198,000 after buying an additional 725,386 shares during the period. BlackRock Institutional Trust Company N.A. increased its position in shares of Archer-Daniels-Midland Company by 4.6% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 16,293,996 shares of the company’s stock valued at $687,118,000 after buying an additional 723,036 shares during the period. Bank of New York Mellon Corp increased its position in shares of Archer-Daniels-Midland Company by 6.0% in the third quarter. Bank of New York Mellon Corp now owns 12,580,462 shares of the company’s stock valued at $530,517,000 after buying an additional 715,242 shares during the period. Northern Trust Corp increased its position in shares of Archer-Daniels-Midland Company by 2.1% in the third quarter. Northern Trust Corp now owns 9,526,894 shares of the company’s stock valued at $401,749,000 after buying an additional 191,871 shares during the period. Finally, BlackRock Fund Advisors increased its position in shares of Archer-Daniels-Midland Company by 2.3% in the third quarter. BlackRock Fund Advisors now owns 7,210,867 shares of the company’s stock valued at $304,082,000 after buying an additional 163,008 shares during the period. Institutional investors own 73.05% of the company’s stock.

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

Archer-Daniels-Midland Company (NYSE:ADM) traded up 0.91% on Friday, reaching $44.50. 1,164,756 shares of the company’s stock were exchanged. Archer-Daniels-Midland Company has a 12 month low of $32.31 and a 12 month high of $47.88. The stock has a market capitalization of $25.94 billion, a PE ratio of 20.60 and a beta of 0.90. The firm has a 50 day moving average of $44.47 and a 200 day moving average of $43.94.

Archer-Daniels-Midland Company (NYSE:ADM) last released its quarterly earnings results on Tuesday, February 7th. The company reported $0.75 EPS for the quarter, missing the Zacks’ consensus estimate of $0.78 by $0.03. Archer-Daniels-Midland Company had a net margin of 2.05% and a return on equity of 7.19%. The firm earned $16.50 billion during the quarter, compared to the consensus estimate of $16.57 billion. During the same period in the prior year, the business earned $0.61 EPS. The company’s revenue for the quarter was up .3% compared to the same quarter last year. Equities analysts predict that Archer-Daniels-Midland Company will post $2.86 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 14th. Stockholders of record on Tuesday, February 21st will be given a $0.32 dividend. This is a positive change from Archer-Daniels-Midland Company’s previous quarterly dividend of $0.30. The ex-dividend date of this dividend is Thursday, February 16th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 2.90%. Archer-Daniels-Midland Company’s dividend payout ratio (DPR) is currently 55.05%.

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Several research analysts have recently weighed in on ADM shares. Vetr upgraded shares of Archer-Daniels-Midland Company from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, October 26th. J P Morgan Chase & Co downgraded shares of Archer-Daniels-Midland Company from a “neutral” rating to an “underweight” rating and decreased their target price for the company from $42.00 to $36.00 in a research note on Friday, November 11th. Piper Jaffray Companies started coverage on shares of Archer-Daniels-Midland Company in a research note on Wednesday, December 14th. They issued a “neutral” rating and a $46.00 target price for the company. Stifel Nicolaus started coverage on shares of Archer-Daniels-Midland Company in a research note on Thursday, December 15th. They issued a “hold” rating and a $46.00 target price for the company. Finally, Zacks Investment Research upgraded shares of Archer-Daniels-Midland Company from a “hold” rating to a “buy” rating and set a $51.00 target price for the company in a research note on Tuesday, January 3rd. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and four have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $46.16.

Archer-Daniels-Midland Company Company Profile

5 Day Chart for NYSE:ADM

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