Archer Daniels Midland Company (ADM) Shares Sold by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC reduced its stake in shares of Archer Daniels Midland Company (NYSE:ADM) by 4.8% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 173,052 shares of the company’s stock after selling 8,810 shares during the period. Nisa Investment Advisors LLC’s holdings in Archer Daniels Midland were worth $6,937,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Stephens Inc. AR raised its stake in shares of Archer Daniels Midland by 12.8% during the 2nd quarter. Stephens Inc. AR now owns 18,498 shares of the company’s stock worth $765,000 after buying an additional 2,101 shares during the last quarter. Teachers Advisors LLC raised its stake in shares of Archer Daniels Midland by 3.4% during the 2nd quarter. Teachers Advisors LLC now owns 807,075 shares of the company’s stock worth $33,397,000 after buying an additional 26,236 shares during the last quarter. Laurion Capital Management LP acquired a new position in shares of Archer Daniels Midland during the 2nd quarter worth $2,392,000. Profund Advisors LLC raised its stake in shares of Archer Daniels Midland by 21.9% during the 2nd quarter. Profund Advisors LLC now owns 16,037 shares of the company’s stock worth $664,000 after buying an additional 2,882 shares during the last quarter. Finally, Thrivent Financial For Lutherans raised its stake in shares of Archer Daniels Midland by 3.5% during the 2nd quarter. Thrivent Financial For Lutherans now owns 21,528 shares of the company’s stock worth $891,000 after buying an additional 720 shares during the last quarter. Institutional investors own 76.03% of the company’s stock.

Shares of Archer Daniels Midland Company (NYSE:ADM) opened at $40.50 on Tuesday. The company has a quick ratio of 0.91, a current ratio of 1.61 and a debt-to-equity ratio of 0.38. The company has a market capitalization of $22,649.64, a PE ratio of 18.93 and a beta of 1.09. Archer Daniels Midland Company has a fifty-two week low of $38.59 and a fifty-two week high of $47.44.

Archer Daniels Midland (NYSE:ADM) last posted its quarterly earnings results on Tuesday, October 31st. The company reported $0.45 EPS for the quarter, missing the consensus estimate of $0.55 by ($0.10). The business had revenue of $14.83 billion during the quarter, compared to analysts’ expectations of $16 billion. Archer Daniels Midland had a net margin of 2.01% and a return on equity of 7.86%. The firm’s quarterly revenue was down 6.3% compared to the same quarter last year. During the same quarter last year, the firm earned $0.59 EPS. equities research analysts forecast that Archer Daniels Midland Company will post 2.33 earnings per share for the current fiscal year.

Several research analysts recently weighed in on the stock. Zacks Investment Research raised shares of Archer Daniels Midland from a “sell” rating to a “hold” rating in a research note on Tuesday, October 24th. Monness Crespi & Hardt assumed coverage on shares of Archer Daniels Midland in a research note on Tuesday, October 24th. They issued a “sell” rating and a $38.00 target price for the company. Citigroup downgraded shares of Archer Daniels Midland from a “buy” rating to a “neutral” rating and boosted their target price for the company from $42.25 to $45.00 in a research note on Thursday, September 28th. Piper Jaffray Companies set a $42.00 target price on shares of Archer Daniels Midland and gave the company a “hold” rating in a research note on Sunday, October 1st. Finally, Robert W. Baird reissued a “buy” rating and issued a $47.00 target price on shares of Archer Daniels Midland in a research note on Wednesday, November 1st. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating, one has issued a buy rating and one has given a strong buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $42.22.

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About Archer Daniels Midland

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

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