Fuller & Thaler Asset Management Inc. Purchases 1,500 Shares of Archer Daniels Midland Company (ADM)

Fuller & Thaler Asset Management Inc. grew its position in shares of Archer Daniels Midland Company (NYSE:ADM) by 13.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,500 shares of the company’s stock after buying an additional 1,500 shares during the period. Fuller & Thaler Asset Management Inc.’s holdings in Archer Daniels Midland were worth $531,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. BlackRock Inc. increased its position in shares of Archer Daniels Midland by 6.0% in the second quarter. BlackRock Inc. now owns 41,607,665 shares of the company’s stock worth $1,721,723,000 after purchasing an additional 2,359,196 shares during the period. Canada Pension Plan Investment Board increased its position in shares of Archer Daniels Midland by 333.5% in the third quarter. Canada Pension Plan Investment Board now owns 2,270,430 shares of the company’s stock worth $96,516,000 after purchasing an additional 1,746,628 shares during the period. Bank of New York Mellon Corp increased its position in shares of Archer Daniels Midland by 16.5% in the third quarter. Bank of New York Mellon Corp now owns 8,826,223 shares of the company’s stock worth $375,203,000 after purchasing an additional 1,246,972 shares during the period. Victory Capital Management Inc. increased its position in shares of Archer Daniels Midland by 23.1% in the second quarter. Victory Capital Management Inc. now owns 6,447,977 shares of the company’s stock worth $266,817,000 after purchasing an additional 1,208,413 shares during the period. Finally, Vanguard Group Inc. increased its position in shares of Archer Daniels Midland by 2.3% in the second quarter. Vanguard Group Inc. now owns 44,408,946 shares of the company’s stock worth $1,837,642,000 after purchasing an additional 1,011,097 shares during the period. Hedge funds and other institutional investors own 73.51% of the company’s stock.

A number of research analysts recently commented on the company. Piper Jaffray Companies set a $42.00 price target on Archer Daniels Midland and gave the stock a “hold” rating in a research report on Friday, August 25th. BidaskClub upgraded Archer Daniels Midland from a “strong sell” rating to a “sell” rating in a research report on Thursday, August 3rd. TheStreet cut Archer Daniels Midland from a “b-” rating to a “c+” rating in a research report on Tuesday, October 31st. BMO Capital Markets decreased their price target on Archer Daniels Midland from $41.00 to $36.00 and set a “market perform” rating on the stock in a research report on Wednesday, November 1st. Finally, Monness Crespi & Hardt decreased their price target on Archer Daniels Midland from $38.00 to $37.00 and set a “sell” rating on the stock in a research report on Wednesday, November 1st. One analyst has rated the stock with a sell rating, eight have given a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $42.22.

Shares of Archer Daniels Midland Company (NYSE ADM) opened at $39.14 on Friday. The firm has a market capitalization of $21,890.00, a PE ratio of 16.51 and a beta of 1.10. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.61 and a quick ratio of 0.91. Archer Daniels Midland Company has a 12 month low of $38.59 and a 12 month high of $47.44.

Archer Daniels Midland (NYSE:ADM) last released its quarterly earnings data on Tuesday, October 31st. The company reported $0.45 earnings per share for the quarter, missing the consensus estimate of $0.55 by ($0.10). The business had revenue of $14.83 billion during the quarter, compared to analyst estimates of $16 billion. Archer Daniels Midland had a net margin of 2.01% and a return on equity of 7.86%. The business’s quarterly revenue was down 6.3% compared to the same quarter last year. During the same period last year, the business earned $0.59 earnings per share. equities analysts predict that Archer Daniels Midland Company will post 2.35 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 7th. Investors of record on Thursday, November 16th will be paid a $0.32 dividend. This represents a $1.28 annualized dividend and a yield of 3.27%. The ex-dividend date of this dividend is Wednesday, November 15th. Archer Daniels Midland’s dividend payout ratio (DPR) is presently 60.09%.

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Archer Daniels Midland Company Profile

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

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