The Andersons, Inc. (NASDAQ:ANDE) Shares Sold by Aquatic Capital Management LLC

Aquatic Capital Management LLC lowered its stake in shares of The Andersons, Inc. (NASDAQ:ANDE) by 71.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,909 shares of the basic materials company’s stock after selling 4,891 shares during the quarter. Aquatic Capital Management LLC’s holdings in Andersons were worth $77,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in ANDE. Oxford Asset Management LLP acquired a new position in Andersons during the 4th quarter worth $636,000. Susquehanna Fundamental Investments LLC acquired a new position in Andersons in the fourth quarter worth about $1,870,000. Two Sigma Securities LLC bought a new stake in Andersons in the fourth quarter valued at about $547,000. Price T Rowe Associates Inc. MD raised its stake in Andersons by 6.7% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 43,181 shares of the basic materials company’s stock valued at $1,750,000 after buying an additional 2,707 shares in the last quarter. Finally, Tower Research Capital LLC TRC lifted its holdings in Andersons by 165.7% during the 4th quarter. Tower Research Capital LLC TRC now owns 9,763 shares of the basic materials company’s stock worth $396,000 after buying an additional 6,088 shares during the last quarter. Institutional investors own 87.06% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on ANDE shares. StockNews.com lowered Andersons from a “buy” rating to a “hold” rating in a research report on Thursday, February 20th. Stephens restated an “overweight” rating and issued a $55.00 price target on shares of Andersons in a research report on Wednesday, February 19th.

Andersons Stock Performance

Shares of ANDE stock opened at $36.98 on Tuesday. The company has a market cap of $1.26 billion, a P/E ratio of 11.14 and a beta of 0.55. The business has a 50 day moving average of $40.34 and a two-hundred day moving average of $42.81. The Andersons, Inc. has a 52 week low of $35.88 and a 52 week high of $57.39. The company has a quick ratio of 0.90, a current ratio of 1.65 and a debt-to-equity ratio of 0.38.

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

Andersons Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 22nd. Investors of record on Tuesday, April 1st were issued a $0.195 dividend. The ex-dividend date of this dividend was Tuesday, April 1st. This represents a $0.78 dividend on an annualized basis and a dividend yield of 2.11%. Andersons’s dividend payout ratio (DPR) is presently 23.49%.

Insider Activity at Andersons

In other news, VP Weston Heide sold 800 shares of Andersons stock in a transaction that occurred on Wednesday, February 19th. The stock was sold at an average price of $48.00, for a total transaction of $38,400.00. Following the sale, 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 filing with the SEC, which is accessible through the SEC website. 4.30% of the stock is currently owned by insiders.

Andersons Profile

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.