Archer Daniels Midland Company (ADM) : Id Management As reduced its stake in Archer Daniels Midland Company by 7.58% during the most recent quarter end. The investment management company now holds a total of 141,890 shares of Archer Daniels Midland Company which is valued at $6,278,633 after selling 11,643 shares in Archer Daniels Midland Company , the firm said in a disclosure report filed with the SEC on Jul 14, 2016.Archer Daniels Midland Company makes up approximately 1.91% of Id Management As’s portfolio.
Other Hedge Funds, Including , Trust Department Mb Financial Bank N A reduced its stake in ADM by selling 651 shares or 15.92% in the most recent quarter. The Hedge Fund company now holds 3,437 shares of ADM which is valued at $152,087. Archer Daniels Midland Company makes up approx 0.02% of Trust Department Mb Financial Bank N A’s portfolio.Nn Investment Partners Holdings N.v. boosted its stake in ADM in the latest quarter, The investment management firm added 173,167 additional shares and now holds a total of 456,726 shares of Archer Daniels Midland Company which is valued at $19,684,891. Archer Daniels Midland Company makes up approx 0.18% of Nn Investment Partners Holdings N.v.’s portfolio. Searle sold out all of its stake in ADM during the most recent quarter. The investment firm sold 9,970 shares of ADM which is valued $429,707. Kistler-tiffany Companies added ADM to its portfolio by purchasing 361 company shares during the most recent quarter which is valued at $15,696. Archer Daniels Midland Company makes up approx 0.01% of Kistler-tiffany Companies’s portfolio.
Archer Daniels Midland Company opened for trading at $44 and hit $44.31 on the upside on Monday, eventually ending the session at $44.25, with a gain of 0.68% or 0.3 points. The heightened volatility saw the trading volume jump to 23,87,194 shares. Company has a market cap of $26,001 M.
On the company’s financial health, Archer Daniels Midland Company reported $0.42 EPS for the quarter, missing the analyst consensus estimate by $ -0.03 based on the information available during the earnings call on May 3, 2016. Analyst had a consensus of $0.45. The company had revenue of $14384.00 million for the quarter, compared to analysts expectations of $16851.27 million. The company’s revenue was down -17.8 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.77 EPS.
Many Wall Street Analysts have commented on Archer Daniels Midland Company. Archer Daniels Midland Company was Initiated by BB&T Capital Mkts to “Hold” on Jul 12, 2016. Archer Daniels Midland Company was Upgraded by Citigroup to ” Buy” on May 26, 2016. Archer Daniels Midland Company was Downgraded by Standpoint Research to ” Hold” on Apr 28, 2016.
Archer-Daniels-Midland Company is a processor of oilseeds corn wheat cocoa and other agricultural commodities and manufactures protein meal vegetable oil corn sweeteners flour biodiesel ethanol and other value-added food and feed ingredients. The Companys segments include Oilseeds Processing Corn Processing Agricultural Services and Wild Flavors and Specialty Ingredients. The Corn Processing segment is engaged in corn wet milling and dry milling activities. The Agricultural Services segment utilizes its United States grain elevator global transportation network and port operations to buy store clean and transport agricultural commodities such as oilseeds corn wheat milo oats rice and barley and resells these commodities primarily as food and feed ingredients and as raw materials for the agricultural processing industry. Wild Flavors’ products include flavors colors sweeteners and health ingredients as well as ready-to-market concepts and complete solutions.