Price Action Report: Andersons Inc Can’t Be More Safe. Trades Significantly Higher

Price Action Report: Andersons Inc Can't Be More Safe. Trades Significantly Higher

The stock of Andersons Inc (NASDAQ:ANDE) is a huge mover today! About 119,816 shares traded hands. Andersons Inc (NASDAQ:ANDE) has risen 14.69% since April 22, 2016 and is uptrending. It has outperformed by 9.28% the S&P500.
The move comes after 5 months positive chart setup for the $1.13B company. It was reported on Nov, 25 by Barchart.com. We have $43.12 PT which if reached, will make NASDAQ:ANDE worth $79.10M more.

Analysts await Andersons Inc (NASDAQ:ANDE) to report earnings on February, 8. They expect $0.72 EPS, up 300.00% or $0.54 from last year’s $0.18 per share. ANDE’s profit will be $20.19M for 13.99 P/E if the $0.72 EPS becomes a reality. After $0.06 actual EPS reported by Andersons Inc for the previous quarter, Wall Street now forecasts 1,100.00% EPS growth.

Andersons Inc (NASDAQ:ANDE) Ratings Coverage

Out of 3 analysts covering The Andersons Inc (NASDAQ:ANDE), 2 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 67% are positive. The Andersons Inc has been the topic of 5 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The rating was upgraded by Stephens to “Overweight” on Wednesday, May 18. Buckingham Research initiated the stock with “Neutral” rating in Monday, October 19 report. On Monday, September 26 the stock rating was upgraded by Buckingham Research to “Buy”.

According to Zacks Investment Research, “The Andersons, Inc. is a diversified company operating in three segments. The Agriculture Group engages in grain merchandising, operates grain elevator facilities, distributes wholesale agricultural fertilizer and operates retail farm centers. The Processing and Manufacturing Group includes the processing of lawn and corn-cob based products; the purchase, sale, repair and leasing of railcars; and the operation of automotive service centers.”

Insitutional Activity: The institutional sentiment decreased to 1 in 2016 Q2. Its down 0.06, from 1.06 in 2016Q1. The ratio dropped, as 20 funds sold all Andersons Inc shares owned while 44 reduced positions. 21 funds bought stakes while 47 increased positions. They now own 20.19 million shares or 6.22% less from 21.52 million shares in 2016Q1.
Blackrock Fund Advisors holds 0.01% or 1.72 million shares in its portfolio. Sei Invs owns 1,810 shares or 0% of their US portfolio. Gemmer Asset Management Lc last reported 94 shares in the company. Balyasny Asset Mngmt Ltd Limited Liability Company has 0.02% invested in the company for 100,170 shares. New York State Common Retirement Fund reported 28,000 shares or 0% of all its holdings. Botty Investors Llc last reported 0.08% of its portfolio in the stock. Ny State Teachers Retirement Sys reported 69,090 shares or 0.01% of all its holdings. Barrow Hanley Mewhinney Strauss Limited Com last reported 0% of its portfolio in the stock. Principal Financial Gru, a Iowa-based fund reported 184,856 shares. Invesco reported 167,586 shares or 0% of all its holdings. California State Teachers Retirement System accumulated 0% or 56,363 shares. Teachers Advisors has 0% invested in the company for 43,056 shares. Moreover, Capstone Asset Mgmt has 0.02% invested in Andersons Inc (NASDAQ:ANDE) for 14,265 shares. Public Employees Retirement Association Of Colorado has 7,048 shares for 0% of their US portfolio. Moreover, D E Shaw & Company has 0% invested in Andersons Inc (NASDAQ:ANDE) for 16,158 shares.

Insider Transactions: Since November 9, 2016, the stock had 0 insider purchases, and 6 insider sales for $591,213 net activity. WOODS JACQUELINE F sold $3,600 worth of stock or 100 shares. Burchinow Naran Uchur sold $19,723 worth of Andersons Inc (NASDAQ:ANDE) on Friday, November 18. Wolf William J sold $76,350 worth of stock. 10,000 Andersons Inc (NASDAQ:ANDE) shares with value of $394,500 were sold by SHAH RASESH H.

More important recent Andersons Inc (NASDAQ:ANDE) news were published by: Fool.com which released: “Why The Andersons, Inc. Shares Spiked Today” on May 18, 2016, also Prnewswire.com published article titled: “The Andersons, Inc. Reports Third Quarter Results”, Globenewswire.com published: “HC2 Submits Second Letter to The Andersons, Inc. Regarding Potential Acquisition” on June 02, 2016. More interesting news about Andersons Inc (NASDAQ:ANDE) was released by: Prnewswire.com and their article: “The Andersons, Inc. Reports Fourth-Quarter and Full Year Results” with publication date: February 10, 2016.

ANDE Company Profile

The Andersons, Inc., incorporated on August 19, 1987, is a diversified company. The Firm conducts business across North America in the grain, ethanol, plant nutrient and rail sectors. The Firm also produces turf and cob products, and has a consumer retailing presence. The Firm operates through five divisions: Grain, Ethanol, Rail, Plant Nutrient and Retail. The Firm owns an ethanol facility in Denison, Iowa with a nameplate capacity of approximately 55 million gallons. The Firm owns lawn fertilizer production facilities in Maumee, Ohio, Bowling Green, Ohio, Montgomery, Alabama, and Mocksville, North Carolina. It also owns a corncob processing and storage facility in Delphi, Indiana and over two cob facilities located in Central Illinois. The Firm leases a lawn fertilizer warehouse facility in Toledo, Ohio. The Firm operates approximately 20 railcar repair facilities and over one fabrication shop throughout the country, primarily in the Midwest, South, and West. It also owns an auto service center that is leased to its former venture partner.

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