Loudon Investment Management LLC Decreases Stock Position in Archer-Daniels-Midland Company (NYSE:ADM)

Loudon Investment Management LLC lessened its stake in Archer-Daniels-Midland Company (NYSE:ADM) by 1.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 34,297 shares of the company’s stock after selling 370 shares during the quarter. Loudon Investment Management LLC’s holdings in Archer-Daniels-Midland were worth $1,733,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in ADM. Fairway Wealth LLC acquired a new position in shares of Archer-Daniels-Midland in the 4th quarter valued at approximately $25,000. Raleigh Capital Management Inc. raised its position in shares of Archer-Daniels-Midland by 179.4% in the 4th quarter. Raleigh Capital Management Inc. now owns 556 shares of the company’s stock valued at $28,000 after purchasing an additional 357 shares in the last quarter. Stonebridge Financial Group LLC acquired a new position in shares of Archer-Daniels-Midland in the 4th quarter valued at approximately $28,000. ST Germain D J Co. Inc. raised its position in shares of Archer-Daniels-Midland by 724.6% in the 4th quarter. ST Germain D J Co. Inc. now owns 569 shares of the company’s stock valued at $29,000 after purchasing an additional 500 shares in the last quarter. Finally, Crews Bank & Trust acquired a new position in shares of Archer-Daniels-Midland in the 4th quarter valued at approximately $30,000. 78.28% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

ADM has been the topic of a number of recent analyst reports. BMO Capital Markets cut their target price on Archer-Daniels-Midland from $51.00 to $49.00 and set a “market perform” rating on the stock in a research report on Wednesday, February 5th. Barclays dropped their price target on Archer-Daniels-Midland from $50.00 to $48.00 and set an “underweight” rating on the stock in a research report on Monday, February 24th. Morgan Stanley dropped their price target on Archer-Daniels-Midland from $52.00 to $47.00 and set an “equal weight” rating on the stock in a research report on Tuesday, February 11th. Stephens dropped their price target on Archer-Daniels-Midland from $55.00 to $52.00 in a research report on Tuesday, February 4th. Finally, Citigroup upped their price target on Archer-Daniels-Midland from $51.00 to $55.00 and gave the company a “neutral” rating in a research report on Wednesday, December 4th. Two research analysts have rated the stock with a sell rating and six have issued a hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $53.63.

Archer-Daniels-Midland Price Performance

Shares of NYSE ADM opened at $46.51 on Friday. Archer-Daniels-Midland Company has a 1-year low of $44.92 and a 1-year high of $66.08. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.39 and a quick ratio of 0.81. The business’s fifty day moving average price is $48.42 and its two-hundred day moving average price is $52.80. The firm has a market capitalization of $22.31 billion, a PE ratio of 12.88, a P/E/G ratio of 1.54 and a beta of 0.67.

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

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

Archer-Daniels-Midland Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 11th. Stockholders of record on Tuesday, February 18th were paid a $0.51 dividend. This is a boost from Archer-Daniels-Midland’s previous quarterly dividend of $0.50. The ex-dividend date was Tuesday, February 18th. This represents a $2.04 annualized dividend and a dividend yield of 4.39%. Archer-Daniels-Midland’s dividend payout ratio is presently 56.51%.

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.