What Will Happen to Archer-daniels-midland Company (NYSE:ADM) Next? The Stock Has Decline in Shorts

May 15, 2018 - By Clifton Ray

Archer-Daniels-Midland Company (NYSE:ADM) Logo

Investors sentiment decreased to 1 in 2017 Q4. Its down 0.21, from 1.21 in 2017Q3. It dived, as 53 investors sold Archer-Daniels-Midland Company shares while 201 reduced holdings. 75 funds opened positions while 180 raised stakes. 419.48 million shares or 0.49% more from 417.42 million shares in 2017Q3 were reported.
First Republic Inv Management Inc stated it has 604,268 shares. Chicago Equity Ptnrs Ltd Com owns 18,925 shares for 0.02% of their portfolio. Veritable L P accumulated 0.02% or 26,312 shares. Fdx Advsrs stated it has 0.06% of its portfolio in Archer-Daniels-Midland Company (NYSE:ADM). Toronto Dominion Savings Bank invested 0.03% in Archer-Daniels-Midland Company (NYSE:ADM). Fairfield Bush & stated it has 3.55% in Archer-Daniels-Midland Company (NYSE:ADM). The New York-based Oppenheimer Asset has invested 0.06% in Archer-Daniels-Midland Company (NYSE:ADM). Private Advisor Gp Limited Company holds 15,345 shares. Eqis Cap Mngmt holds 6,805 shares or 0.01% of its portfolio. Sunbelt Securities holds 0.2% or 5,029 shares. Japan-based Sumitomo Mitsui Asset Mngmt Company Limited has invested 0.02% in Archer-Daniels-Midland Company (NYSE:ADM). Security National Tru accumulated 1,500 shares. Nj State Employees Deferred Compensation Plan holds 15,000 shares. 303,716 were accumulated by Hgk Asset Management Incorporated. Morgan Stanley holds 4.28M shares.

Since March 12, 2018, it had 0 buys, and 2 selling transactions for $952,039 activity. $17,749 worth of stock was sold by Cuddy Christopher M on Monday, March 12.

The stock of Archer-daniels-midland Company (NYSE:ADM) registered a decrease of 12.39% in short interest. ADM’s total short interest was 8.71 million shares in May as published by FINRA. Its down 12.39% from 9.94 million shares, reported previously. With 3.78M shares average volume, it will take short sellers 2 days to cover their ADM’s short positions. The short interest to Archer-daniels-midland Company’s float is 1.59%.

The stock decreased 0.02% or $0.01 during the last trading session, reaching $44.41. About 1.07M shares traded. Archer-Daniels-Midland Company (NYSE:ADM) has declined 5.47% since May 15, 2017 and is downtrending. It has underperformed by 17.02% the S&P500.

Archer-Daniels-Midland Company procures, transports, stores, processes, and merchandises agricultural commodities and products. The company has market cap of $24.82 billion. The Company’s Agricultural Services segment offers agricultural commodities, including oilseeds, corn, wheat, milo, oats, rice, and barley. It has a 15.92 P/E ratio. This segment also provides structured trade finance; and processes wheat into wheat flour.

Archer-Daniels-Midland Company (NYSE:ADM) Ratings Coverage

Among 11 analysts covering Archer Daniels Midland (NYSE:ADM), 6 have Buy rating, 0 Sell and 5 Hold. Therefore 55% are positive. Archer Daniels Midland had 14 analyst reports since January 22, 2018 according to SRatingsIntel. BMO Capital Markets maintained Archer-Daniels-Midland Company (NYSE:ADM) rating on Thursday, March 15. BMO Capital Markets has “Hold” rating and $45.0 target. On Monday, April 9 the stock rating was maintained by Buckingham Research with “Buy”. Citigroup maintained the shares of ADM in report on Wednesday, May 2 with “Buy” rating. The company was upgraded on Tuesday, March 6 by Citigroup. Piper Jaffray maintained the stock with “Hold” rating in Wednesday, February 7 report. As per Friday, March 16, the company rating was maintained by Robert W. Baird. As per Monday, January 22, the company rating was maintained by Stifel Nicolaus. Goldman Sachs upgraded the stock to “Buy” rating in Monday, March 12 report. The rating was upgraded by Stephens on Wednesday, February 7 to “Overweight”. Credit Suisse maintained it with “Neutral” rating and $42 target in Friday, April 6 report.

More important recent Archer-Daniels-Midland Company (NYSE:ADM) news were published by: Seekingalpha.com which released: “Ethanol Is Too Cheap” on April 30, 2018, also Globenewswire.com published article titled: “Report: Developing Opportunities within BB&T, Summit Materials, Archer Daniels Midland, Helix Energy, Frontier …”, Streetinsider.com published: “UPDATE: Archer Daniels Midland (ADM), Bunge Limited (BG) Talks Said to Have Ended without Agreement – Bloomberg” on April 20, 2018. More interesting news about Archer-Daniels-Midland Company (NYSE:ADM) was released by: Streetinsider.com and their article: “Cargill has ‘significant concerns’ over US-China trade strategy” with publication date: May 14, 2018.

Archer-Daniels-Midland Company (NYSE:ADM) Institutional Positions Chart

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