Green Square Capital buys $4,494,394 stake in Archer Daniels Midland Company (ADM)

Archer Daniels Midland Company (ADM) : Green Square Capital scooped up 2,296 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 Jul 26, 2016. The investment management firm now holds a total of 102,378 shares of Archer Daniels Midland Company which is valued at $4,494,394.Archer Daniels Midland Company makes up approximately 1.09% of Green Square Capital’s portfolio.

Other Hedge Funds, Including , Daiwa Securities Group boosted its stake in ADM in the latest quarter, The investment management firm added 24,800 additional shares and now holds a total of 52,170 shares of Archer Daniels Midland Company which is valued at $2,290,263. Archer Daniels Midland Company makes up approx 0.01% of Daiwa Securities Group’s portfolio. Kwmg added ADM to its portfolio by purchasing 8,172 company shares during the most recent quarter which is valued at $357,280. Archer Daniels Midland Company makes up approx 0.19% of Kwmg’s portfolio.Wealthtrust-arizona boosted its stake in ADM in the latest quarter, The investment management firm added 1 additional shares and now holds a total of 195 shares of Archer Daniels Midland Company which is valued at $8,525. Archer Daniels Midland Company makes up approx 0.01% of Wealthtrust-arizona’s portfolio.

Archer Daniels Midland Company opened for trading at $44.74 and hit $45.39 on the upside on Friday, eventually ending the session at $45.08, with a gain of 0.31% or 0.14 points. The heightened volatility saw the trading volume jump to 48,34,151 shares. Company has a market cap of $26,488 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 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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