Keybank National Association OH lowered its stake in shares of Archer-Daniels-Midland Company (NYSE:ADM) by 4.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 62,151 shares of the company’s stock after selling 2,835 shares during the period. Keybank National Association OH’s holdings in Archer-Daniels-Midland Company were worth $2,837,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in ADM. State Street Corp increased its stake in shares of Archer-Daniels-Midland Company by 2.2% in the fourth quarter. State Street Corp now owns 34,265,037 shares of the company’s stock valued at $1,564,198,000 after buying an additional 725,386 shares in the last quarter. BlackRock Institutional Trust Company N.A. increased its stake in shares of Archer-Daniels-Midland Company by 4.6% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 16,293,996 shares of the company’s stock valued at $687,118,000 after buying an additional 723,036 shares in the last quarter. Bank of New York Mellon Corp increased its stake in shares of Archer-Daniels-Midland Company by 6.0% in the third quarter. Bank of New York Mellon Corp now owns 12,580,462 shares of the company’s stock valued at $530,517,000 after buying an additional 715,242 shares in the last quarter. Northern Trust Corp increased its stake in shares of Archer-Daniels-Midland Company by 2.1% in the third quarter. Northern Trust Corp now owns 9,526,894 shares of the company’s stock valued at $401,749,000 after buying an additional 191,871 shares in the last quarter. Finally, BlackRock Fund Advisors increased its stake in shares of Archer-Daniels-Midland Company by 2.3% in the third quarter. BlackRock Fund Advisors now owns 7,210,867 shares of the company’s stock valued at $304,082,000 after buying an additional 163,008 shares in the last quarter. 73.05% of the stock is owned by institutional investors and hedge funds.

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

Shares of Archer-Daniels-Midland Company (NYSE:ADM) traded up 0.77% during midday trading on Friday, reaching $44.44. The company had a trading volume of 1,250,926 shares. Archer-Daniels-Midland Company has a 52-week low of $32.31 and a 52-week high of $47.88. The company’s 50-day moving average is $44.47 and its 200-day moving average is $43.94. The firm has a market cap of $25.91 billion, a P/E ratio of 20.57 and a beta of 0.90.

Archer-Daniels-Midland Company (NYSE:ADM) last issued its quarterly earnings data on Tuesday, February 7th. The company reported $0.75 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.78 by $0.03. Archer-Daniels-Midland Company had a net margin of 2.05% and a return on equity of 7.19%. The business earned $16.50 billion during the quarter, compared to the consensus estimate of $16.57 billion. During the same quarter in the previous year, the firm posted $0.61 EPS. The company’s revenue for the quarter was up .3% compared to the same quarter last year. Equities research analysts expect that Archer-Daniels-Midland Company will post $2.86 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 14th. Stockholders of record on Tuesday, February 21st will be paid a $0.32 dividend. This is a boost from Archer-Daniels-Midland Company’s previous quarterly dividend of $0.30. This represents a $1.28 annualized dividend and a dividend yield of 2.90%. The ex-dividend date of this dividend is Thursday, February 16th. Archer-Daniels-Midland Company’s dividend payout ratio (DPR) is 55.05%.

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ADM has been the subject of several analyst reports. Vetr raised Archer-Daniels-Midland Company from a “hold” rating to a “buy” rating and set a $46.73 target price for the company in a report on Monday, January 23rd. Zacks Investment Research raised Archer-Daniels-Midland Company from a “hold” rating to a “buy” rating and set a $51.00 target price for the company in a report on Tuesday, January 3rd. BMO Capital Markets downgraded Archer-Daniels-Midland Company from an “outperform” rating to a “market perform” rating and reduced their target price for the company from $51.00 to $48.00 in a report on Friday, January 6th. J P Morgan Chase & Co downgraded Archer-Daniels-Midland Company from a “neutral” rating to an “underweight” rating and reduced their target price for the company from $42.00 to $36.00 in a report on Friday, November 11th. Finally, Stifel Nicolaus initiated coverage on Archer-Daniels-Midland Company in a report on Thursday, December 15th. They set a “hold” rating and a $46.00 target price for the company. One analyst has rated the stock with a sell rating, ten have issued a hold rating and four have assigned a buy rating to the stock. Archer-Daniels-Midland Company presently has a consensus rating of “Hold” and an average price target of $46.16.

Archer-Daniels-Midland Company Company Profile

5 Day Chart for NYSE:ADM

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