Archer-Daniels-Midland Company (NYSE:ADM) is expected to pay $0.30 on Dec 7, 2016. The indicated annual dividend is $1.20. Shareholders owning the stock before Nov 14, 2016 will be eligible to receive the payout. Based on Archer-Daniels-Midland Company’s current price of $41.73, the dividend is 0.72%. This dividend’s record date is Nov 16, 2016 and the announcement date is Nov 3, 2016. The stock decreased 7.64% or $3.45 on November 11, hitting $41.73. About 7.00 million shares traded hands or 124.36% up from the average. Archer Daniels Midland Company (NYSE:ADM) has risen 13.30% since April 12, 2016 and is uptrending. It has outperformed by 8.32% the S&P500.
Archer-Daniels-Midland Company is a processor of oilseeds, corn, wheat and other agricultural commodities and makes protein meal, vegetable oil, corn sweeteners, flour, biodiesel, ethanol, and other food and feed ingredients. The company has a market cap of $22.18 billion.
Insitutional Activity: The institutional sentiment decreased to 0.97 in Q2 2016. Its down 0.07, from 1.04 in 2016Q1. The ratio dived, as 51 funds sold all Archer Daniels Midland Company shares owned while 218 reduced positions. 70 funds bought stakes while 190 increased positions. They now own 416.55 million shares or 4.91% less from 438.05 million shares in 2016Q1.
Arizona State Retirement Sys reported 205,825 shares or 0.12% of all its holdings. Vollero Beach Capital Partners Ltd Llc last reported 0.92% of its portfolio in the stock. Benedict Financial holds 0.79% or 31,529 shares in its portfolio. Prudential Fincl Inc has 1.47M shares for 0.11% of their US portfolio. Parallax Volatility Advisers Limited Partnership accumulated 0% or 3,253 shares. Advisory Networks Ltd Liability Com holds 3,028 shares or 0.03% of its portfolio. Buffington Mohr Mcneal has 0.14% invested in the company for 7,585 shares. Retirement Sys Of Alabama holds 299,554 shares or 0.08% of its portfolio. Mount Lucas L P holds 2.36% of its portfolio in Archer Daniels Midland Company (NYSE:ADM) for 323,773 shares. Monetary Mgmt Grp Inc accumulated 0.07% or 3,500 shares. Commonwealth Bancorporation Of Australia has 0.09% invested in the company for 176,666 shares. Robecosam Ag has 0.33% invested in the company for 86,292 shares. Gamco Invsts Et Al holds 0.22% or 770,161 shares in its portfolio. Kcg Hldg holds 0.01% of its portfolio in Archer Daniels Midland Company (NYSE:ADM) for 8,606 shares. Oakbrook Invests Ltd Co has 36,300 shares for 0.09% of their US portfolio.
Insider Transactions: Since May 17, 2016, the stock had 0 buys, and 5 insider sales for $4.27 million net activity. Stott John P sold $115,436 worth of Archer Daniels Midland Company (NYSE:ADM) on Wednesday, November 2. Another trade for 41,525 shares valued at $1.87 million was made by D AMBROSE MICHAEL on Friday, July 29. Taets Joseph D. sold $166,281 worth of stock or 3,867 shares. Sanchez Francisco J bought 500 shares worth $18,720.
Archer Daniels Midland Company (NYSE:ADM) Ratings Coverage
Out of 9 analysts covering Archer Daniels Midland Company (NYSE:ADM), 3 rate it a “Buy”, 1 “Sell”, while 5 “Hold”. This means 33% are positive. $54 is the highest target while $33 is the lowest. The $44.38 average target is 6.35% above today’s ($41.73) stock price. Archer Daniels Midland Company has been the topic of 18 analyst reports since July 29, 2015 according to StockzIntelligence Inc. The firm earned “Neutral” rating on Wednesday, July 29 by Citigroup. The stock of Archer Daniels Midland Company (NYSE:ADM) earned “Hold” rating by Argus Research on Friday, February 12. The firm has “Outperform” rating by Macquarie Research given on Monday, August 29. Bank of America downgraded the shares of ADM in a report on Monday, March 7 to “Neutral” rating. The rating was upgraded by Citigroup on Thursday, May 26 to “Buy”. The firm has “Underweight” rating given on Friday, November 11 by JP Morgan. As per Thursday, January 7, the company rating was upgraded by Standpoint Research. The stock has “Neutral” rating given by Buckingham Research on Wednesday, November 4. The firm has “Buy” rating given on Thursday, August 4 by Argus Research. The rating was initiated by Buckingham Research with “Neutral” on Monday, October 19.
More recent Archer Daniels Midland Company (NYSE:ADM) news were published by: Investorplace.com which released: “Why Alexion Pharmaceuticals, Inc. (ALXN), Archer Daniels Midland Company (ADM …” on November 11, 2016. Also Schaeffersresearch.com published the news titled: “Analyst Downgrades: Walt Disney Co, Dillard’s, Inc., and Archer Daniels …” on November 11, 2016. Wsj.com‘s news article titled: “Archer Daniels Midland Results Top Views” with publication date: November 01, 2016 was also an interesting one.
ADM Company Profile
Archer-Daniels-Midland Company, incorporated on May 2, 1923, is a processor of oilseeds, corn, wheat and other agricultural commodities. The Firm makes protein meal, vegetable oil, corn sweeteners, flour, biodiesel, ethanol, and other food and feed ingredients. The Company’s divisions include Agricultural Services; Corn Processing; Oilseeds Processing; Wild Flavors and Specialty Ingredients; Others, and Corporate. The Firm also has a global grain elevator and transportation network to procure, store, clean and transport agricultural commodities, such as oilseeds, corn, wheat, milo, oats and barley, as well as processed agricultural commodities. The Firm is engaged in procuring, transporting, storing, processing, and merchandising agricultural commodities and products.
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