U.S. Capital Wealth Advisors LLC Has $1.94 Million Stock Position in Archer-Daniels-Midland Company (NYSE:ADM)

U.S. Capital Wealth Advisors LLC grew its position in shares of Archer-Daniels-Midland Company (NYSE:ADM) by 90.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 26,867 shares of the company’s stock after buying an additional 12,735 shares during the quarter. U.S. Capital Wealth Advisors LLC’s holdings in Archer-Daniels-Midland were worth $1,940,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also made changes to their positions in the company. Jeppson Wealth Management LLC boosted its holdings in Archer-Daniels-Midland by 3.3% in the fourth 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 lifted its holdings in Archer-Daniels-Midland by 1.0% in 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 during the last quarter. Strengthening Families & Communities LLC grew its holdings in Archer-Daniels-Midland by 37.3% during the third quarter. Strengthening Families & Communities LLC now owns 641 shares of the company’s stock valued at $48,000 after purchasing an additional 174 shares during the last quarter. Modera Wealth Management LLC lifted its stake in shares of Archer-Daniels-Midland by 3.9% in the third quarter. Modera Wealth Management LLC now owns 4,883 shares of the company’s stock worth $368,000 after buying an additional 182 shares during the last quarter. Finally, Signaturefd LLC boosted its holdings in shares of Archer-Daniels-Midland by 1.0% during the 4th quarter. Signaturefd LLC now owns 18,051 shares of the company’s stock worth $1,304,000 after buying an additional 183 shares during the period. Institutional investors own 78.28% of the company’s stock.

Archer-Daniels-Midland Price Performance

Shares of ADM traded down $0.18 on Friday, hitting $59.17. The company’s stock had a trading volume of 3,273,862 shares, compared to its average volume of 3,743,537. The company has a market capitalization of $29.26 billion, a PE ratio of 10.38 and a beta of 0.78. Archer-Daniels-Midland Company has a fifty-two week low of $50.72 and a fifty-two week high of $87.30. The company has a 50 day moving average price of $59.63 and a 200 day moving average price of $64.75. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.47 and a quick ratio of 0.95.

Archer-Daniels-Midland (NYSE:ADM) last posted its quarterly earnings data on Tuesday, April 30th. The company reported $1.46 EPS for the quarter, topping analysts’ consensus estimates of $1.35 by $0.11. Archer-Daniels-Midland had a return on equity of 13.87% and a net margin of 3.32%. The company had revenue of $21.85 billion for the quarter, compared to analyst estimates of $22.26 billion. During the same quarter in the previous year, the firm earned $2.09 earnings per share. The business’s revenue was down 9.2% on a year-over-year basis. On average, research analysts anticipate that Archer-Daniels-Midland Company will post 5.58 earnings per share for the current fiscal year.

Archer-Daniels-Midland announced that its Board of Directors has authorized a share repurchase plan on Tuesday, March 12th that authorizes the company to repurchase $2.00 billion in shares. This repurchase authorization authorizes the company to buy up to 6.4% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s board of directors believes its stock is undervalued.

Archer-Daniels-Midland Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 5th. Shareholders of record on Thursday, May 16th will be paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.38%. The ex-dividend date is Wednesday, May 15th. Archer-Daniels-Midland’s dividend payout ratio is presently 35.09%.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on ADM. Citigroup boosted their target price on shares of Archer-Daniels-Midland from $63.00 to $64.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 3rd. Argus lowered Archer-Daniels-Midland from a “buy” rating to a “hold” rating in a report on Tuesday, January 23rd. Barclays lowered shares of Archer-Daniels-Midland from an “overweight” rating to an “underweight” rating and set a $60.00 target price on the stock. in a research report on Monday, January 22nd. The Goldman Sachs Group lowered shares of Archer-Daniels-Midland from a “buy” rating to a “neutral” rating and cut their price objective for the company from $90.00 to $67.00 in a research report on Monday, January 22nd. Finally, UBS Group restated a “neutral” rating and issued a $51.00 target price (down from $104.00) on shares of Archer-Daniels-Midland in a research note on Friday, January 26th. One investment analyst has rated the stock with a sell rating and fifteen have assigned a hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $67.50.

About Archer-Daniels-Midland

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.