Archer-Daniels-Midland Company (NYSE:ADM) Shares Sold by Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group

Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group cut its position in shares of Archer-Daniels-Midland Company (NYSE:ADM) by 11.7% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 21,230 shares of the company’s stock after selling 2,803 shares during the quarter. Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group’s holdings in Archer-Daniels-Midland were worth $1,283,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Steward Partners Investment Advisory LLC lifted its holdings in shares of Archer-Daniels-Midland by 5.9% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 12,040 shares of the company’s stock valued at $870,000 after purchasing an additional 675 shares in the last quarter. CWA Asset Management Group LLC purchased a new stake in shares of Archer-Daniels-Midland in the fourth quarter valued at $321,000. NEOS Investment Management LLC boosted its stake in shares of Archer-Daniels-Midland by 44.0% during the fourth quarter. NEOS Investment Management LLC now owns 7,555 shares of the company’s stock valued at $546,000 after acquiring an additional 2,310 shares during the last quarter. Rafferty Asset Management LLC boosted its stake in shares of Archer-Daniels-Midland by 3.6% during the 4th quarter. Rafferty Asset Management LLC now owns 41,378 shares of the company’s stock worth $2,988,000 after purchasing an additional 1,441 shares during the last quarter. Finally, Blueshift Asset Management LLC grew its holdings in shares of Archer-Daniels-Midland by 31.5% during the fourth quarter. Blueshift Asset Management LLC now owns 4,624 shares of the company’s stock worth $334,000 after buying an additional 1,108 shares in the last quarter. 78.28% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, CEO Juan R. Luciano sold 45,471 shares of the firm’s stock in a transaction on Friday, August 30th. The stock was sold at an average price of $61.00, for a total transaction of $2,773,731.00. Following the transaction, the chief executive officer now directly owns 265,210 shares in the company, valued at $16,177,810. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, CEO Juan R. Luciano sold 45,471 shares of the firm’s stock in a transaction dated Friday, August 30th. The shares were sold at an average price of $61.00, for a total value of $2,773,731.00. Following the transaction, the chief executive officer now directly owns 265,210 shares in the company, valued at approximately $16,177,810. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Juan R. Luciano sold 170,194 shares of Archer-Daniels-Midland stock in a transaction dated Tuesday, September 3rd. The shares were sold at an average price of $60.51, for a total transaction of $10,298,438.94. Following the completion of the transaction, the chief executive officer now directly owns 265,210 shares of the company’s stock, valued at $16,047,857.10. The disclosure for this sale can be found here. In the last ninety days, insiders sold 219,348 shares of company stock worth $13,296,833. 1.20% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

ADM has been the topic of a number of analyst reports. UBS Group raised their target price on shares of Archer-Daniels-Midland from $60.00 to $64.00 and gave the stock a “neutral” rating in a research report on Monday, September 9th. JPMorgan Chase & Co. lifted their price objective on Archer-Daniels-Midland from $65.00 to $66.00 and gave the company a “neutral” rating in a research report on Wednesday, July 31st. Finally, Citigroup dropped their target price on Archer-Daniels-Midland from $64.00 to $63.00 and set a “neutral” rating for the company in a research note on Monday, July 15th. One research analyst has rated the stock with a sell rating and fifteen have issued a hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $65.62.

Archer-Daniels-Midland Trading Down 0.4 %

Shares of ADM opened at $59.53 on Wednesday. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.44 and a quick ratio of 0.88. Archer-Daniels-Midland Company has a 12 month low of $50.72 and a 12 month high of $77.35. The stock has a market cap of $29.43 billion, a PE ratio of 10.44 and a beta of 0.72. The stock’s 50-day moving average is $60.14 and its two-hundred day moving average is $61.17.

Archer-Daniels-Midland (NYSE:ADM) last released its quarterly earnings results on Tuesday, July 30th. The company reported $1.03 earnings per share for the quarter, missing analysts’ consensus estimates of $1.22 by ($0.19). Archer-Daniels-Midland had a return on equity of 12.06% and a net margin of 2.93%. The company had revenue of $22.25 billion during the quarter, compared to analysts’ expectations of $23.12 billion. During the same quarter in the prior year, the company earned $1.89 EPS. The firm’s revenue was down 11.7% compared to the same quarter last year. Equities analysts forecast that Archer-Daniels-Midland Company will post 5.33 earnings per share for the current fiscal year.

Archer-Daniels-Midland Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 11th. Stockholders of record on Wednesday, August 21st were given a $0.50 dividend. The ex-dividend date of this dividend was Wednesday, August 21st. This represents a $2.00 annualized dividend and a dividend yield of 3.36%. Archer-Daniels-Midland’s payout ratio is 35.09%.

About Archer-Daniels-Midland

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.