Archer Daniels Midland Company (NYSE:ADM) was the recipient of some unusual options trading activity on Tuesday. Stock traders acquired 11,377 call options on the stock. This is an increase of 1,173% compared to the typical volume of 894 call options.

Shares of Archer Daniels Midland (ADM) opened at $40.48 on Friday. Archer Daniels Midland has a twelve month low of $38.59 and a twelve month high of $47.44. The company has a market cap of $22,640.00, a P/E ratio of 19.00 and a beta of 1.09. The company has a current ratio of 1.61, a quick ratio of 0.91 and a debt-to-equity ratio of 0.38.

Archer Daniels Midland (NYSE:ADM) last announced its earnings results on Tuesday, October 31st. The company reported $0.45 EPS for the quarter, missing the Zacks’ consensus estimate of $0.55 by ($0.10). Archer Daniels Midland had a net margin of 2.01% and a return on equity of 7.86%. The business had revenue of $14.83 billion for the quarter, compared to analysts’ expectations of $16 billion. During the same period in the prior year, the company posted $0.59 earnings per share. The firm’s quarterly revenue was down 6.3% on a year-over-year basis. equities research analysts predict that Archer Daniels Midland will post 2.33 EPS for the current year.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. increased its stake in shares of Archer Daniels Midland by 2.3% in the second quarter. Vanguard Group Inc. now owns 44,408,946 shares of the company’s stock worth $1,837,642,000 after purchasing an additional 1,011,097 shares in the last quarter. Bank of New York Mellon Corp increased its stake in shares of Archer Daniels Midland by 16.5% in the third quarter. Bank of New York Mellon Corp now owns 8,826,223 shares of the company’s stock worth $375,203,000 after purchasing an additional 1,246,972 shares in the last quarter. Victory Capital Management Inc. increased its stake in shares of Archer Daniels Midland by 14.2% in the third quarter. Victory Capital Management Inc. now owns 7,364,262 shares of the company’s stock worth $313,054,000 after purchasing an additional 916,285 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Archer Daniels Midland by 0.5% in the second quarter. Dimensional Fund Advisors LP now owns 5,396,427 shares of the company’s stock worth $223,276,000 after purchasing an additional 24,589 shares in the last quarter. Finally, Prudential PLC increased its stake in shares of Archer Daniels Midland by 5.3% in the second quarter. Prudential PLC now owns 4,418,900 shares of the company’s stock worth $182,854,000 after purchasing an additional 222,900 shares in the last quarter. 76.03% of the stock is owned by hedge funds and other institutional investors.

Several research analysts have recently weighed in on the stock. Zacks Investment Research cut shares of Archer Daniels Midland from a “hold” rating to a “sell” rating in a report on Monday, December 18th. TheStreet cut shares of Archer Daniels Midland from a “b-” rating to a “c+” rating in a report on Tuesday, October 31st. BMO Capital Markets reduced their target price on shares of Archer Daniels Midland from $41.00 to $36.00 and set a “market perform” rating for the company in a report on Wednesday, November 1st. Monness Crespi & Hardt reduced their target price on shares of Archer Daniels Midland from $38.00 to $37.00 and set a “sell” rating for the company in a report on Wednesday, November 1st. Finally, Piper Jaffray Companies set a $42.00 target price on shares of Archer Daniels Midland and gave the company a “hold” rating in a report on Sunday, October 1st. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $42.22.

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Archer Daniels Midland Company Profile

Archer-Daniels-Midland Company is a processor of oilseeds, corn, wheat, cocoa and other agricultural commodities. The Company manufactures protein meal, vegetable oil, corn sweeteners, flour, biodiesel, ethanol, and other food and feed ingredients. Its segments include Agricultural Services, which utilizes its United States grain elevator, global transportation network and port operations to buy, store, clean and transport agricultural commodities, such as oilseeds, 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; Corn Processing, which is engaged in corn wet milling and dry milling activities; Oilseeds Processing, which includes global activities related to the origination, merchandising, crushing and further processing of oilseeds; Wild Flavors and Specialty Ingredients products, which include flavors, sweeteners and health ingredients; Other, and Corporate.

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