Loudon Investment Management LLC boosted its holdings in shares of Archer Daniels Midland Co (NYSE:ADM) by 26.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 45,042 shares of the company’s stock after buying an additional 9,295 shares during the quarter. Archer Daniels Midland makes up about 1.7% of Loudon Investment Management LLC’s investment portfolio, making the stock its 19th largest holding. Loudon Investment Management LLC’s holdings in Archer Daniels Midland were worth $1,943,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Securian Asset Management Inc lifted its holdings in shares of Archer Daniels Midland by 0.4% in the fourth quarter. Securian Asset Management Inc now owns 56,653 shares of the company’s stock worth $2,321,000 after buying an additional 226 shares in the last quarter. Atlas Capital Advisors LLC lifted its holdings in shares of Archer Daniels Midland by 17.3% in the fourth quarter. Atlas Capital Advisors LLC now owns 1,584 shares of the company’s stock worth $65,000 after buying an additional 234 shares in the last quarter. Alpha Omega Wealth Management LLC lifted its holdings in shares of Archer Daniels Midland by 39.0% in the first quarter. Alpha Omega Wealth Management LLC now owns 837 shares of the company’s stock worth $36,000 after buying an additional 235 shares in the last quarter. Dynamic Advisor Solutions LLC lifted its holdings in shares of Archer Daniels Midland by 4.7% in the first quarter. Dynamic Advisor Solutions LLC now owns 5,451 shares of the company’s stock worth $235,000 after buying an additional 243 shares in the last quarter. Finally, Tompkins Financial Corp lifted its holdings in shares of Archer Daniels Midland by 12.7% in the first quarter. Tompkins Financial Corp now owns 2,182 shares of the company’s stock worth $110,000 after buying an additional 246 shares in the last quarter. Institutional investors own 77.95% of the company’s stock.

ADM traded up $0.41 during trading hours on Thursday, hitting $41.26. The company’s stock had a trading volume of 476,786 shares, compared to its average volume of 3,592,479. Archer Daniels Midland Co has a 12 month low of $39.16 and a 12 month high of $52.06. The stock has a market capitalization of $22.79 billion, a PE ratio of 11.79 and a beta of 0.96. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.85 and a current ratio of 1.52.

Archer Daniels Midland (NYSE:ADM) last announced its quarterly earnings results on Friday, April 26th. The company reported $0.46 earnings per share for the quarter, missing the consensus estimate of $0.62 by ($0.16). Archer Daniels Midland had a return on equity of 9.83% and a net margin of 2.57%. The business had revenue of $15.30 billion during the quarter, compared to the consensus estimate of $16.19 billion. During the same quarter in the prior year, the firm posted $0.68 EPS. The company’s revenue for the quarter was down 1.4% on a year-over-year basis. As a group, research analysts forecast that Archer Daniels Midland Co will post 3.17 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 5th. Investors of record on Wednesday, May 15th will be given a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 3.39%. The ex-dividend date is Tuesday, May 14th. Archer Daniels Midland’s dividend payout ratio is presently 40.00%.

In other Archer Daniels Midland news, CEO Juan R. Luciano purchased 23,657 shares of Archer Daniels Midland stock in a transaction that occurred on Monday, April 29th. The shares were bought at an average price of $42.30 per share, for a total transaction of $1,000,691.10. Following the completion of the transaction, the chief executive officer now owns 569,152 shares of the company’s stock, valued at approximately $24,075,129.60. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Ray G. Young purchased 6,000 shares of Archer Daniels Midland stock in a transaction that occurred on Monday, April 29th. The stock was acquired at an average price of $42.76 per share, for a total transaction of $256,560.00. The disclosure for this purchase can be found here. Insiders own 1.11% of the company’s stock.

Several equities analysts have recently commented on ADM shares. Stifel Nicolaus raised shares of Archer Daniels Midland from a “hold” rating to a “buy” rating and set a $41.40 target price on the stock in a report on Friday, February 8th. BMO Capital Markets raised shares of Archer Daniels Midland from a “market perform” rating to an “outperform” rating and boosted their target price for the stock from $50.00 to $51.00 in a report on Monday, April 29th. Credit Suisse Group set a $46.00 target price on shares of Archer Daniels Midland and gave the stock a “neutral” rating in a report on Wednesday, January 23rd. ValuEngine raised shares of Archer Daniels Midland from a “sell” rating to a “hold” rating in a report on Wednesday, May 1st. Finally, Zacks Investment Research downgraded shares of Archer Daniels Midland from a “hold” rating to a “sell” rating in a report on Friday, March 29th. Six equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of $50.78.

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About Archer Daniels Midland

Archer-Daniels-Midland Company procures, transports, stores, processes, and merchandises agricultural commodities, products, and ingredients in the United States and internationally. The company operates through four segments: Origination, Oilseeds, Carbohydrate Solutions, and Nutrition. It buys, stores, cleans, and transports agricultural commodities, such as oilseeds, corn, wheat, milo, oats, rice, and barley, as well as resells these commodities primarily as food and feed ingredients and as raw materials for the agricultural processing industry.

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

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