Principal Financial Group Inc. takes its place in Archer Daniels Midland Co (ADM)



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  Archer Daniels Midland logo "title =" Archer Daniels Midland logo "clbad =" companylogo "/> Principal Financial Group Inc. increased its stake in Archer Daniels Midland Co (NYSE: ADM) by 2.1% over Q1, according to The fund held 952,982 shares of the company after acquiring 19,336 additional shares during the quarter. </p>
<p>  A number of other alternative funds have recently changed their positions in ADM: Synovus Financial Corp. bought a new stake in Archer Daniels Midland in the first quarter of a value of about $ 104 000. Daniels Midland in the first quarter of a value of about $ 111,000 Signaturefd LLC has bought a new position in Archer Daniels Midland in the first quarter worth about $ 11 2000. Breiter Capital Management Inc. has bought a new position in Archer Daniels Midland in the first quarter of a d & # 39; About 2 $ 02 000. Finally, Cetera Investment Advisers bought a new position in Archer Daniels Midland in the first quarter valued at about $ 222,000. Institutional investors hold 75.63% of the shares of the company. </p>
<p>  Archer Daniels Midland shares opened Friday at $ 47.71, according to Marketbeat. The company has a debt ratio of 0.36, a ratio of 0.83 and a ratio of 1.57. The company has a market capitalization of $ 26.42 billion, a price / earnings ratio of 18.75 and a beta of 1.05. Archer Daniels Midland Co has a 52-week low of $ 38.59 and a 52-week high of $ 48.26. </p>
<p>  Archer Daniels Midland (NYSE: ADM) last announced its quarterly results on Tuesday, May 1. The company reported earnings per share (EPS) of $ 0.68 for the quarter, surpbading badysts' consensus estimates by $ 0.21 by $ 0.47. The company achieved a turnover of $ 15.53 billion for the quarter, against a consensus estimate of $ 15.35 billion. Archer Daniels Midland recorded a net margin of 2.69% and a return on equity of 7.96%. Archer Daniels Midland's business figure is up 3.6% from the same quarter of last year. During the same period of the previous year, the company posted earnings per share of $ 0.60. Stock badysts predict that Archer Daniels Midland Co will post 3.13 earnings per share for the current year. </p>
<p>  ADM has been the subject of several recent research reports. Citigroup increased its target price on Archer Daniels Midland shares from $ 53.00 to $ 54.00 and awarded the title a "buy" rating in a research report on Wednesday, May 2nd. ValuEngine updated Archer Daniels Midland shares from a "hold" rating to a "buy" note in a research report on Friday, April 13. Buckingham Research increased its target price on Archer Daniels Midland shares from $ 47.00 to $ 53.00 and awarded the title a "buy" rating in a research report on Monday, April 9th. Zacks Investment Research upgraded Archer Daniels Midland shares from a hold-to-a-buy rating and set a price target of $ 51.00 in a research report Wednesday, July 4th. Finally, JPMorgan Chase & Co. has raised its Archer Daniels Midland shares from an "underweight" rating to a "neutral" rating and raised its price target from $ 42.00 to $ 48.00. $ in a research report on Monday, July 9th. Eight badysts rated the stock with a reserve note and seven gave a buy-to-action rating. The company obtained a consensus rating of "Hold" and an average price target of $ 45.92 </p>
<p>  In other news from Archer Daniels Midland, Vice President John P. Stott said sold 2,133 Archer Daniels Midland shares on Friday, June 22. The shares were sold at an average price of $ 46.50, for a total value of $ 99,184.50. As a result of the sale, the Vice President now holds directly 39,628 shares of the Company, valued at approximately $ 1,842,702. The sale has been disclosed in a legal deposit with the SEC, which is accessible via this hyperlink. In addition, Vice President John P. Stott sold 1,294 Archer Daniels Midland shares during a transaction on Monday, July 9th. The shares were sold at an average price of $ 47.03, for a total transaction of $ 60,856.82. Following the conclusion of the sale, the Vice-President now holds 40,922 shares of the Company, valued at $ 1,924,561.66. The disclosure for this sale can be found here. Insiders own 2.70% of the shares of the company. </p>
<p>  <strong> About the company Archer Daniels Midland </strong> </p>
<p>  Archer-Daniels-Midland Corporation buys, transports, stores, processes and markets agricultural products, products and ingredients to the United States. United States and abroad. It operates through four segments: carbohydrate solutions, nutrition, oilseeds and origination. The company offers oilseeds, corn, wheat, milo, oats, rice and barley; and structured trade financing, as well as wheat processes in wheat flour. </p>
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<p style=  Institutional property by quarter for Archer Daniels Midland (NYSE: ADM)

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