Jump Financial LLC Buys Shares of 20,479 The Andersons, Inc. (NASDAQ:ANDE)

Jump Financial LLC purchased a new position in The Andersons, Inc. (NASDAQ:ANDE) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 20,479 shares of the basic materials company’s stock, valued at approximately $830,000. Jump Financial LLC owned 0.06% of Andersons as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of ANDE. Peoples Bank KS lifted its holdings in Andersons by 250.0% in the fourth quarter. Peoples Bank KS now owns 700 shares of the basic materials company’s stock valued at $28,000 after buying an additional 500 shares during the period. KBC Group NV raised its position in shares of Andersons by 70.3% in the 4th quarter. KBC Group NV now owns 1,558 shares of the basic materials company’s stock worth $63,000 after acquiring an additional 643 shares in the last quarter. EverSource Wealth Advisors LLC lifted its stake in shares of Andersons by 16.8% in the 4th quarter. EverSource Wealth Advisors LLC now owns 2,866 shares of the basic materials company’s stock valued at $116,000 after purchasing an additional 412 shares during the period. Walleye Capital LLC acquired a new stake in Andersons during the fourth quarter worth approximately $213,000. Finally, Arete Wealth Advisors LLC increased its holdings in Andersons by 9.4% in the fourth quarter. Arete Wealth Advisors LLC now owns 6,710 shares of the basic materials company’s stock worth $272,000 after purchasing an additional 579 shares in the last quarter. 87.06% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on ANDE. Stephens reaffirmed an “overweight” rating and set a $55.00 price objective on shares of Andersons in a research report on Wednesday, February 19th. StockNews.com cut shares of Andersons from a “buy” rating to a “hold” rating in a report on Thursday, February 20th.

Andersons Stock Performance

Shares of ANDE stock opened at $37.28 on Tuesday. The Andersons, Inc. has a 12 month low of $35.88 and a 12 month high of $61.46. The firm has a market capitalization of $1.27 billion, a PE ratio of 11.23 and a beta of 0.55. The firm has a fifty day simple moving average of $41.46 and a two-hundred day simple moving average of $43.59. The company has a current ratio of 1.65, a quick ratio of 0.90 and a debt-to-equity ratio of 0.38.

Andersons (NASDAQ:ANDE) last announced its quarterly earnings results on Tuesday, February 18th. The basic materials company reported $1.36 earnings per share for the quarter, beating the consensus estimate of $1.02 by $0.34. The business had revenue of $3.12 billion for the quarter, compared to analysts’ expectations of $2.72 billion. Andersons had a net margin of 1.01% and a return on equity of 7.59%. Analysts forecast that The Andersons, Inc. will post 3.11 EPS for the current fiscal year.

Andersons Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 22nd. Shareholders of record on Tuesday, April 1st will be paid a dividend of $0.195 per share. This represents a $0.78 annualized dividend and a yield of 2.09%. The ex-dividend date is Tuesday, April 1st. Andersons’s dividend payout ratio (DPR) is presently 23.49%.

Insider Transactions at Andersons

In other Andersons news, VP Weston Heide sold 800 shares of the business’s stock in a transaction on Wednesday, February 19th. The stock was sold at an average price of $48.00, for a total value of $38,400.00. Following the transaction, the vice president now owns 16,104 shares of the company’s stock, valued at approximately $772,992. The trade was a 4.73 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 4.30% of the company’s stock.

About Andersons

The Andersons, Inc operates in trade, renewables, and nutrient and industrial sectors in the United States, Canada, Mexico, Egypt, Switzerland, and internationally. It operates through three segments: Trade, Renewables, and Nutrient & Industrial. The company’s Trade segment operates grain elevators; stores commodities; and provides grain marketing, risk management, and origination services, as well as sells commodities, such as corn, soybeans, wheat, oats, ethanol, and corn oil.