Archer-Daniels-Midland Company (NYSE:ADM) Shares Acquired by apricus wealth LLC

apricus wealth LLC increased its stake in Archer-Daniels-Midland Company (NYSE:ADM) by 8.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 36,686 shares of the company’s stock after purchasing an additional 2,905 shares during the quarter. apricus wealth LLC’s holdings in Archer-Daniels-Midland were worth $2,192,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Pacer Advisors Inc. lifted its holdings in Archer-Daniels-Midland by 15,790.1% in the 2nd quarter. Pacer Advisors Inc. now owns 7,596,892 shares of the company’s stock valued at $459,232,000 after acquiring an additional 7,549,083 shares during the last quarter. Vanguard Group Inc. lifted its holdings in Archer-Daniels-Midland by 12.1% in the 1st quarter. Vanguard Group Inc. now owns 67,826,217 shares of the company’s stock valued at $4,260,165,000 after acquiring an additional 7,320,289 shares during the last quarter. Jacobs Levy Equity Management Inc. lifted its holdings in Archer-Daniels-Midland by 141.6% in the 1st quarter. Jacobs Levy Equity Management Inc. now owns 2,991,324 shares of the company’s stock valued at $187,885,000 after acquiring an additional 1,753,077 shares during the last quarter. AQR Capital Management LLC lifted its holdings in Archer-Daniels-Midland by 73.6% in the 2nd quarter. AQR Capital Management LLC now owns 2,830,927 shares of the company’s stock valued at $170,960,000 after acquiring an additional 1,199,992 shares during the last quarter. Finally, ProShare Advisors LLC lifted its holdings in Archer-Daniels-Midland by 40.7% in the 1st quarter. ProShare Advisors LLC now owns 3,309,140 shares of the company’s stock valued at $207,847,000 after acquiring an additional 957,270 shares during the last quarter. Institutional investors and hedge funds own 78.28% of the company’s stock.

Insiders Place Their Bets

In other Archer-Daniels-Midland news, CEO Juan R. Luciano sold 3,683 shares of the company’s stock in a transaction that occurred on Wednesday, August 28th. The stock was sold at an average price of $61.00, for a total transaction of $224,663.00. Following the completion of the sale, the chief executive officer now owns 265,210 shares of the company’s stock, valued at $16,177,810. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other news, CEO Juan R. Luciano sold 170,194 shares of the stock in a transaction that occurred on Tuesday, September 3rd. The stock was sold at an average price of $60.51, for a total value of $10,298,438.94. Following the completion of the sale, the chief executive officer now directly owns 265,210 shares of the company’s stock, valued at approximately $16,047,857.10. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Juan R. Luciano sold 3,683 shares of the stock in a transaction that occurred on Wednesday, August 28th. The shares were sold at an average price of $61.00, for a total value of $224,663.00. Following the completion of the sale, the chief executive officer now directly owns 265,210 shares of the company’s stock, valued at $16,177,810. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 219,348 shares of company stock valued at $13,296,833 over the last 90 days. 1.20% of the stock is currently owned by company insiders.

Archer-Daniels-Midland Trading Up 0.7 %

NYSE:ADM opened at $56.50 on Friday. The stock’s 50 day moving average price is $59.31 and its 200 day moving average price is $60.66. Archer-Daniels-Midland Company has a 52 week low of $50.72 and a 52 week high of $77.35. The company has a market capitalization of $27.94 billion, a P/E ratio of 9.91 and a beta of 0.72. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.88 and a current ratio of 1.44.

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

Archer-Daniels-Midland Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 11th. Shareholders of record on Wednesday, August 21st were given a dividend of $0.50 per share. The ex-dividend date was Wednesday, August 21st. This represents a $2.00 dividend on an annualized basis and a yield of 3.54%. Archer-Daniels-Midland’s payout ratio is currently 35.09%.

Analysts Set New Price Targets

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

Archer-Daniels-Midland Profile

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.