Alambic Investment Management buys $2,185,518 stake in Archer Daniels Midland Company (ADM)

Archer Daniels Midland Company (ADM) : Alambic Investment Management scooped up 12,550 additional shares in Archer Daniels Midland Company during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 8, 2016. The investment management firm now holds a total of 49,750 shares of Archer Daniels Midland Company which is valued at $2,185,518.Archer Daniels Midland Company makes up approximately 0.49% of Alambic Investment Management’s portfolio.

Other Hedge Funds, Including , Los Angeles Capital Management Equity Research Inc reduced its stake in ADM by selling 20,105 shares or 78.03% in the most recent quarter. The Hedge Fund company now holds 5,661 shares of ADM which is valued at $248,688.Nelson Van Denburg Campbell Wealth Management Group boosted its stake in ADM in the latest quarter, The investment management firm added 2 additional shares and now holds a total of 321 shares of Archer Daniels Midland Company which is valued at $14,268. Archer Daniels Midland Company makes up approx 0.01% of Nelson Van Denburg Campbell Wealth Management Group’s portfolio.Ngam Advisors boosted its stake in ADM in the latest quarter, The investment management firm added 10,065 additional shares and now holds a total of 196,256 shares of Archer Daniels Midland Company which is valued at $8,621,526. Archer Daniels Midland Company makes up approx 0.12% of Ngam Advisors’s portfolio.1st Source Bank reduced its stake in ADM by selling 2,741 shares or 18.62% in the most recent quarter. The Hedge Fund company now holds 11,976 shares of ADM which is valued at $539,878. Archer Daniels Midland Company makes up approx 0.06% of 1st Source Bank’s portfolio.Kanaly Trust Co boosted its stake in ADM in the latest quarter, The investment management firm added 92 additional shares and now holds a total of 632 shares of Archer Daniels Midland Company which is valued at $27,631. Archer Daniels Midland Company makes up approx 0.01% of Kanaly Trust Co’s portfolio.

Archer Daniels Midland Company (ADM) witnessed a volatile trading activity on Monday , and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $43.56 and reached the intraday high at $44.13. The bulls started the profit booking and pushed the shares to intraday low of $43.49. The trading session was marked by a volume range of 18,47,581 shares exchanging hands. The 52-week high of the shares is $48.165 and the 52-week low is $29.86. The market cap of the company stands at $25,464 M and there are 58,17,63,200 shares in public circulation.

On the company’s financial health, Archer Daniels Midland Company reported $0.41 EPS for the quarter, missing the analyst consensus estimate by $ -0.04 based on the information available during the earnings call on Aug 2, 2016. Analyst had a consensus of $0.45. The company had revenue of $15629.00 million for the quarter, compared to analysts expectations of $16806.97 million. The company’s revenue was down -9.1 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.60 EPS.

Many Wall Street Analysts have commented on Archer Daniels Midland Company. Archer Daniels Midland Company was Upgraded by Argus to ” Buy” on Aug 4, 2016. 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 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 Company’s 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.

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