Aigen Investment Management LP cut its position in Archer Daniels Midland Company (NYSE:ADM) by 58.0% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,710 shares of the company's stock after selling 27,240 shares during the quarter. Aigen Investment Management LP's holdings in Archer Daniels Midland were worth $946,000 as of its most recent filing with the SEC. Several other institutional investors and hedge funds have also bought and sold shares of the company. Charles Schwab Investment Management Inc. increased its holdings in shares of Archer Daniels Midland by 350.4% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 17,455,324 shares of the company's stock worth $838,030,000 after buying an additional 13,579,379 shares during the last quarter. Northern Trust Corp increased its holdings in shares of Archer Daniels Midland by 2.6% in the 4th quarter. Northern Trust Corp now owns 11,035,011 shares of the company's stock worth $557,489,000 after buying an additional 275,792 shares during the last quarter. Invesco Ltd. increased its holdings in shares of Archer Daniels Midland by 8.5% in the 1st quarter. Invesco Ltd. now owns 7,753,585 shares of the company's stock worth $372,250,000 after buying an additional 607,767 shares during the last quarter. Jacobs Levy Equity Management Inc. increased its holdings in shares of Archer Daniels Midland by 20.9% in the 4th quarter. Jacobs Levy Equity Management Inc. now owns 4,212,681 shares of the company's stock worth $212,825,000 after buying an additional 727,675 shares during the last quarter. Finally, FMR LLC increased its holdings in shares of Archer Daniels Midland by 0.9% in the 4th quarter. FMR LLC now owns 4,017,104 shares of the company's stock worth $202,944,000 after buying an additional 37,237 shares during the last quarter. 78.28% of the stock is currently owned by hedge funds and other institutional investors. \n\nA number of brokerages have recently commented on ADM. Bank of America lowered shares of Archer Daniels Midland from a 'neutral' rating to an 'underperform' rating and decreased their price target for the stock from $47.00 to $45.00 in a report on Thursday, May 8th. UBS Group reissued a 'buy' rating and issued a $70.00 price target (up previously from $60.00) on shares of Archer Daniels Midland in a report on Monday. Citigroup decreased their price target on shares of Archer Daniels Midland from $51.00 to $49.00 and set a 'neutral' rating on the stock in a report on Tuesday, April 15th. raised shares of Archer Daniels Midland from a 'sell' rating to a 'hold' rating in a report on Saturday. Finally, Barclays raised shares of Archer Daniels Midland from an 'underweight' rating to an 'equal weight' rating and increased their target price for the company from $50.00 to $61.00 in a report on Wednesday, August 6th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of 'Hold' and a consensus target price of $54.71.\n\nArcher Daniels Midland Trading Up 0.5% Shares of traded up $0.28 on Tuesday, hitting $58.56. 3,844,341 shares of the company's stock traded hands, compared to its average volume of 3,225,451. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.90 and a current ratio of 1.42. Archer Daniels Midland Company has a one year low of $40.98 and a one year high of $62.61. The company's fifty day simple moving average is $53.77 and its 200 day simple moving average is $49.69. The stock has a market capitalization of $28.13 billion, a price-to-earnings ratio of 25.80, a P/E/G ratio of 3.10 and a beta of 0.68. Archer Daniels Midland ( - ) last released its earnings results on Tuesday, August 5th. The company reported $0.93 EPS for the quarter, beating the consensus estimate of $0.88 by $0.05. Archer Daniels Midland had a net margin of 1.33% and a return on equity of 8.43%. The company had revenue of $21.17 billion for the quarter, compared to analyst estimates of $21.56 billion. During the same quarter last year, the firm earned $1.03 EPS. The firm's quarterly revenue was down 4.9% compared to the same quarter last year. Equities analysts forecast that Archer Daniels Midland Company will post 4.31 EPS for the current year.\n\nThe company also recently declared a quarterly dividend, which will be paid on Wednesday, September 10th. Shareholders of record on Wednesday, August 20th will be issued a $0.51 dividend. This represents a $2.04 dividend on an annualized basis and a yield of 3.5%. The ex-dividend date of this dividend is Wednesday, August 20th. Archer Daniels Midland's dividend payout ratio (DPR) is 89.87%. \n\nArcher-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.

Aigen Investment Management LP Has $946,000 Holdings in Archer Daniels Midland Company (NYSE:ADM)

Aigen Investment Management LP reduced its holdings in Archer Daniels Midland Company (ADM) by 58.0% in the first quarter, down to 19,710 shares valued at $946,000. Other institutional investors such as Charles Schwab, Northern Trust, Invesco, Jacobs Levy, and FMR LLC increased their positions in ADM, with Charles Schwab's holdings rising to 17.45 million shares worth $838 million. Brokerage ratings for ADM shifted, with Bank of America lowering its rating to 'underperform' and price target to $45.00, while UBS raised its rating to 'buy' with a $70.00 target. Citigroup and Barclays also adjusted their ratings and price targets. ADM reported quarterly earnings of $0.93 EPS, exceeding estimates, with revenue of $21.17 billion and a net margin of 1.33%. The company declared a $0.51 per share quarterly dividend, resulting in an annualized yield of 3.5%. ADM operates globally in agricultural commodities and has a market cap of $28.13 billion.