Stock of the Day: Archer Daniels Midland Co’s (NYSE:ADM) Sentiment is 1.03

November 25, 2016 - By Pete Kolinski   ·   0 Comments

Stock of the Day: Archer Daniels Midland Co's (NYSE:ADM) Sentiment is 1.03

Sentiment for Archer Daniels Midland Co (NYSE:ADM)

Archer Daniels Midland Co (NYSE:ADM) institutional sentiment increased to 1.03 in 2016 Q2. Its up 0.06, from 0.97 in 2016Q1. The ratio is positive, as 260 hedge funds increased and opened new equity positions, while 269 reduced and sold positions in Archer Daniels Midland Co. The hedge funds in our partner’s database now possess: 416.55 million shares, down from 438.05 million shares in 2016Q1. Also, the number of hedge funds holding Archer Daniels Midland Co in their top 10 equity positions increased from 4 to 9 for an increase of 5. Sold All: 51 Reduced: 218 Increased: 190 New Position: 70.

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 $24.86 billion.

About 221,337 shares traded hands. Archer Daniels Midland Company (NYSE:ADM) has risen 9.16% since April 22, 2016 and is uptrending. It has outperformed by 3.75% the S&P500.

Analysts await Archer Daniels Midland Company (NYSE:ADM) to report earnings on February, 7. They expect $0.83 EPS, up 36.07% or $0.22 from last year’s $0.61 per share. ADM’s profit will be $474.75M for 13.10 P/E if the $0.83 EPS becomes a reality. After $0.59 actual EPS reported by Archer Daniels Midland Company for the previous quarter, Wall Street now forecasts 40.68% EPS growth.

According to Zacks Investment Research, “Archer Daniels Midland Company procures, transports, stores, processes, and merchandises agricultural commodities and products. Its operations are classified into three business segments: Oilseeds Processing, Corn Processing, and Agricultural Services. The Company processes oilseeds, corn, wheat, cocoa, and other agricultural commodities. It manufactures protein meal, vegetable oil, corn sweeteners, flour, biodiesel, ethanol, and other value-added food and feed ingredients. Archer-Daniels-Midland Company is headquartered in Decatur, Illinois.”

Fairfield Bush & Co. holds 4.91% of its portfolio in Archer Daniels Midland Company for 330,105 shares. Stevens First Principles Investment Advisors owns 118,498 shares or 3.79% of their US portfolio. Moreover, State Farm Mutual Automobile Insurance Co has 3.64% invested in the company for 56.29 million shares. The Maine-based Bar Harbor Trust Services has invested 3.1% in the stock. F&V Capital Management Llc, a New York-based fund reported 89,670 shares.#img1#

Insider Transactions: Since January 1, 0001, the stock had 0 insider buys, and 3 sales for $2.96 million net activity.

Archer Daniels Midland Company (NYSE:ADM) Ratings Coverage

Ratings analysis reveals 33% of Archer Daniels Midland Company’s analysts are positive. Out of 9 Wall Street analysts rating Archer Daniels Midland Company, 3 give it “Buy”, 1 “Sell” rating, while 5 recommend “Hold”. The lowest target is $33 while the high is $54. The stock’s average target of $44.38 is 2.12% above today’s ($43.46) share price. ADM was included in 18 notes of analysts from July 29, 2015. The company was downgraded on Friday, February 12 by Argus Research. Citigroup upgraded the stock to “Buy” rating in Thursday, May 26 report. The stock has “Underweight” rating given by JP Morgan on Friday, November 11. The rating was maintained by Macquarie Research on Monday, August 29 with “Outperform”. The rating was downgraded by Citigroup on Wednesday, July 29 to “Neutral”. As per Thursday, January 7, the company rating was upgraded by Standpoint Research. The firm has “Buy” rating by Argus Research given on Thursday, August 4. Standpoint Research downgraded the shares of ADM in a report on Thursday, April 28 to “Hold” rating. Buckingham Research maintained the stock with “Neutral” rating in Wednesday, November 4 report. The rating was initiated by Buckingham Research on Monday, October 19 with “Neutral”.

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.

More notable recent Archer Daniels Midland Company (NYSE:ADM) news were published by: Nytimes.com which released: “Dwayne O. Andreas, Who Turned Archer Daniels Midland Into Food Giant, Dies at 98” on November 17, 2016, also Gurufocus.com with their article: “Dividend Aristocrats in Focus Part 5…: Archer Daniels Midland Company” published on November 23, 2016, Wsj.com published: “Archer Daniels Midland Results Top Views” on November 01, 2016. More interesting news about Archer Daniels Midland Company (NYSE:ADM) were released by: Investorplace.com and their article: “Why Alexion Pharmaceuticals, Inc. (ALXN), Archer Daniels Midland Company (ADM …” published on November 11, 2016 as well as Schaeffersresearch.com‘s news article titled: “Put Buying Nears Extreme on Outperforming Archer Daniels Midland Company (ADM)” with publication date: November 22, 2016.

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By Pete Kolinski

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