Archer-Daniels-Midland Company (NYSE:ADM) Shares Acquired by Syon Capital LLC

Syon Capital LLC lifted its holdings in shares of Archer-Daniels-Midland Company (NYSE:ADM) by 25.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 8,373 shares of the company’s stock after buying an additional 1,699 shares during the period. Syon Capital LLC’s holdings in Archer-Daniels-Midland were worth $605,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Jeppson Wealth Management LLC grew its position in Archer-Daniels-Midland by 3.3% during the 4th quarter. Jeppson Wealth Management LLC now owns 4,738 shares of the company’s stock worth $342,000 after purchasing an additional 151 shares in the last quarter. Park Avenue Securities LLC grew its position in Archer-Daniels-Midland by 1.0% during the 3rd quarter. Park Avenue Securities LLC now owns 16,850 shares of the company’s stock worth $1,271,000 after purchasing an additional 172 shares in the last quarter. Strengthening Families & Communities LLC grew its holdings in shares of Archer-Daniels-Midland by 37.3% during the 3rd quarter. Strengthening Families & Communities LLC now owns 641 shares of the company’s stock valued at $48,000 after acquiring an additional 174 shares in the last quarter. GHP Investment Advisors Inc. grew its holdings in shares of Archer-Daniels-Midland by 34.5% during the 3rd quarter. GHP Investment Advisors Inc. now owns 701 shares of the company’s stock valued at $51,000 after acquiring an additional 180 shares in the last quarter. Finally, Modera Wealth Management LLC grew its holdings in shares of Archer-Daniels-Midland by 3.9% during the 3rd quarter. Modera Wealth Management LLC now owns 4,883 shares of the company’s stock valued at $368,000 after acquiring an additional 182 shares in the last quarter. Institutional investors own 78.28% of the company’s stock.

Wall Street Analyst Weigh In

ADM has been the topic of several research analyst reports. Stifel Nicolaus cut shares of Archer-Daniels-Midland from a “buy” rating to a “hold” rating and lowered their price target for the company from $116.00 to $56.00 in a report on Monday, January 22nd. UBS Group reiterated a “neutral” rating and issued a $51.00 price objective (down from $104.00) on shares of Archer-Daniels-Midland in a report on Friday, January 26th. Jefferies Financial Group decreased their price objective on shares of Archer-Daniels-Midland from $70.00 to $65.00 and set a “hold” rating for the company in a report on Wednesday, March 13th. Argus cut shares of Archer-Daniels-Midland from a “buy” rating to a “hold” rating in a report on Tuesday, January 23rd. Finally, Roth Mkm cut shares of Archer-Daniels-Midland from a “buy” rating to a “neutral” rating and decreased their price objective for the stock from $98.00 to $66.00 in a report on Monday, January 22nd. One research analyst has rated the stock with a sell rating and fifteen have issued a hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $67.50.

Archer-Daniels-Midland Stock Performance

Shares of ADM traded down $0.90 during trading hours on Friday, reaching $60.10. 2,707,996 shares of the company traded hands, compared to its average volume of 5,919,191. The stock’s fifty day moving average is $58.94 and its 200 day moving average is $65.34. The stock has a market cap of $30.16 billion, a P/E ratio of 9.39 and a beta of 0.77. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.95 and a current ratio of 1.60. Archer-Daniels-Midland Company has a 1-year low of $50.72 and a 1-year high of $87.30.

Archer-Daniels-Midland (NYSE:ADM) last announced its quarterly earnings data on Tuesday, March 12th. The company reported $1.36 EPS for the quarter, missing analysts’ consensus estimates of $1.43 by ($0.07). The company had revenue of $22.98 billion for the quarter, compared to analyst estimates of $23.79 billion. Archer-Daniels-Midland had a net margin of 3.71% and a return on equity of 15.25%. The firm’s quarterly revenue was down 11.4% on a year-over-year basis. During the same period in the prior year, the company posted $1.93 EPS. Equities research analysts anticipate that Archer-Daniels-Midland Company will post 5.48 earnings per share for the current fiscal year.

Archer-Daniels-Midland declared that its Board of Directors has approved a share buyback plan on Tuesday, March 12th that authorizes the company to buyback $2.00 billion in shares. This buyback authorization authorizes the company to reacquire up to 6.4% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s board believes its shares are undervalued.

Archer-Daniels-Midland Company 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.