Unison Advisors LLC Purchases 657 Shares of Archer Daniels Midland Company $ADM

Unison Advisors LLC boosted its position in shares of Archer Daniels Midland Company (NYSE:ADM) by 1.2% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 56,157 shares of the company’s stock after purchasing an additional 657 shares during the period. Unison Advisors LLC’s holdings in Archer Daniels Midland were worth $2,964,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in ADM. S.A. Mason LLC purchased a new stake in Archer Daniels Midland in the 1st quarter valued at about $25,000. Headlands Technologies LLC purchased a new stake in Archer Daniels Midland in the 1st quarter valued at about $25,000. SOA Wealth Advisors LLC. purchased a new stake in Archer Daniels Midland in the 2nd quarter valued at about $25,000. Trust Co. of Toledo NA OH purchased a new stake in Archer Daniels Midland in the 2nd quarter valued at about $32,000. Finally, ORG Partners LLC boosted its position in Archer Daniels Midland by 297.2% in the 1st quarter. ORG Partners LLC now owns 699 shares of the company’s stock valued at $34,000 after buying an additional 523 shares during the period. 78.28% of the stock is owned by hedge funds and other institutional investors.

Archer Daniels Midland Price Performance

Shares of ADM opened at $63.29 on Monday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.90 and a current ratio of 1.42. The stock has a market capitalization of $30.41 billion, a PE ratio of 27.88, a PEG ratio of 5.00 and a beta of 0.70. The company has a 50 day moving average price of $61.35 and a 200-day moving average price of $54.36. Archer Daniels Midland Company has a fifty-two week low of $40.98 and a fifty-two week high of $64.57.

Archer Daniels Midland (NYSE:ADM) last posted its quarterly earnings data on Monday, December 2nd. The company reported $1.63 EPS for the quarter. The firm had revenue of $21.70 billion during the quarter. Archer Daniels Midland had a net margin of 1.33% and a return on equity of 8.43%. Equities analysts predict that Archer Daniels Midland Company will post 4.31 earnings per share for the current fiscal year.

Archer Daniels Midland Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 10th. Investors of record on Wednesday, August 20th were paid a dividend of $0.51 per share. This represents a $2.04 annualized dividend and a dividend yield of 3.2%. The ex-dividend date was Wednesday, August 20th. Archer Daniels Midland’s payout ratio is 89.87%.

Analysts Set New Price Targets

ADM has been the subject of several research reports. Morgan Stanley boosted their price objective on shares of Archer Daniels Midland from $47.00 to $57.00 and gave the company an “equal weight” rating in a research report on Tuesday, August 12th. UBS Group reissued a “buy” rating and issued a $70.00 price objective (up from $60.00) on shares of Archer Daniels Midland in a research report on Monday, August 11th. JPMorgan Chase & Co. started coverage on shares of Archer Daniels Midland in a research report on Wednesday, August 20th. They issued a “neutral” rating and a $61.00 price target for the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Archer Daniels Midland in a research report on Wednesday, October 8th. Finally, Barclays raised shares of Archer Daniels Midland from an “underweight” rating to an “equal weight” rating and upped their price target for the stock from $50.00 to $61.00 in a research report on Wednesday, August 6th. One investment analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $55.50.

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.