Arlington Trust Co LLC Makes New Investment in Archer-Daniels-Midland Company (NYSE:ADM)

Arlington Trust Co LLC acquired a new position in shares of Archer-Daniels-Midland Company (NYSE:ADM) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 1,000 shares of the company’s stock, valued at approximately $51,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of ADM. Kestra Private Wealth Services LLC increased its holdings in Archer-Daniels-Midland by 9.6% in the fourth quarter. Kestra Private Wealth Services LLC now owns 14,058 shares of the company’s stock worth $710,000 after buying an additional 1,227 shares during the last quarter. Robinson Value Management Ltd. grew its holdings in Archer-Daniels-Midland by 1.2% during the fourth quarter. Robinson Value Management Ltd. now owns 42,377 shares of the company’s stock valued at $2,141,000 after purchasing an additional 518 shares during the last quarter. Empowered Funds LLC grew its stake in shares of Archer-Daniels-Midland by 364.0% in the fourth quarter. Empowered Funds LLC now owns 210,888 shares of the company’s stock worth $10,654,000 after acquiring an additional 165,438 shares during the last quarter. Kingsview Wealth Management LLC grew its stake in shares of Archer-Daniels-Midland by 13.3% in the fourth quarter. Kingsview Wealth Management LLC now owns 39,799 shares of the company’s stock worth $2,011,000 after acquiring an additional 4,678 shares during the last quarter. Finally, Vest Financial LLC grew its stake in shares of Archer-Daniels-Midland by 28.4% in the fourth quarter. Vest Financial LLC now owns 1,004,578 shares of the company’s stock worth $50,751,000 after acquiring an additional 222,150 shares during the last quarter. Institutional investors and hedge funds own 78.28% of the company’s stock.

Archer-Daniels-Midland Trading Up 0.8 %

NYSE ADM opened at $46.13 on Tuesday. The stock has a market capitalization of $22.08 billion, a price-to-earnings ratio of 12.78 and a beta of 0.72. The stock’s 50 day moving average price is $50.72 and its two-hundred day moving average price is $55.33. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.84 and a current ratio of 5.44. Archer-Daniels-Midland Company has a 52 week low of $45.01 and a 52 week high of $66.08.

Archer-Daniels-Midland (NYSE:ADM) last released its earnings results on Tuesday, February 4th. The company reported $1.14 EPS for the quarter, beating the consensus estimate of $1.07 by $0.07. The firm had revenue of $21.50 billion for the quarter, compared to analysts’ expectations of $22.77 billion. Archer-Daniels-Midland had a return on equity of 10.44% and a net margin of 2.10%. The business’s quarterly revenue was down 6.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.36 EPS. As a group, analysts anticipate that Archer-Daniels-Midland Company will post 4.53 earnings per share for the current fiscal year.

Archer-Daniels-Midland declared that its Board of Directors has approved a share repurchase plan on Wednesday, December 11th that permits the company to repurchase 100,000,000 outstanding shares. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Shares repurchase plans are generally an indication that the company’s board of directors believes its stock is undervalued.

Archer-Daniels-Midland Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 11th. Investors of record on Tuesday, February 18th will be issued a dividend of $0.51 per share. The ex-dividend date of this dividend is Tuesday, February 18th. This is a positive change from Archer-Daniels-Midland’s previous quarterly dividend of $0.50. This represents a $2.04 dividend on an annualized basis and a dividend yield of 4.42%. Archer-Daniels-Midland’s payout ratio is presently 55.40%.

Analyst Upgrades and Downgrades

Several brokerages recently commented on ADM. Bank of America cut Archer-Daniels-Midland from a “neutral” rating to an “underperform” rating and reduced their target price for the stock from $63.00 to $54.00 in a research report on Tuesday, January 14th. Morgan Stanley lowered their target price on Archer-Daniels-Midland from $57.00 to $52.00 and set an “equal weight” rating for the company in a research note on Tuesday, November 12th. Barclays lowered their price objective on Archer-Daniels-Midland from $56.00 to $50.00 and set an “underweight” rating for the company in a research report on Tuesday, January 21st. Stephens lowered their price objective on Archer-Daniels-Midland from $55.00 to $52.00 in a research report on Tuesday, February 4th. Finally, Citigroup boosted their target price on Archer-Daniels-Midland from $51.00 to $55.00 and gave the stock a “neutral” rating in a research report on Wednesday, December 4th. Two investment analysts have rated the stock with a sell rating and seven have assigned a hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $56.33.

Archer-Daniels-Midland 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.