1 week Ago By ABMN Staff
Barclays PLC increased its stake in shares of The Andersons, Inc. ( NASDAQ:ANDE – Free Report ) by 93.7% during the 4th quarter, according to the company in its most recent filing with the SEC.
The fund owned 105,309 shares of the basic materials company’s stock after purchasing an additional 50,951 shares during the quarter. Barclays PLC owned 0.31% of Andersons worth $4,268,000 at the end of the most recent quarter.
Several other large investors have also recently modified their holdings of the stock. Nordea Investment Management AB grew its position in Andersons by 86.5% in the 4th quarter.
Nordea Investment Management AB now owns 101,099 shares of the basic materials company’s stock valued at $4,110,000 after acquiring an additional 46,903 shares during the last quarter. Diversified Trust Co grew its position in Andersons by 9.1% in the 4th quarter.
Diversified Trust Co now owns 11,278 shares of the basic materials company’s stock valued at $457,000 after acquiring an additional 944 shares during the last quarter. Peoples Bank KS grew its position in Andersons by 250.0% in the 4th quarter.
Peoples Bank KS now owns 700 shares of the basic materials company’s stock valued at $28,000 after acquiring an additional 500 shares during the last quarter. Wedge Capital Management L L P NC bought a new position in Andersons in the 4th quarter valued at $2,744,000. Finally, Inspire Investing LLC grew its position in Andersons by 18.
4% in the 4th quarter. Inspire Investing LLC now owns 10,881 shares of the basic materials company’s stock valued at $441,000 after acquiring an additional 1,690 shares during the last quarter. Institutional investors own 87.
06% of the company’s stock. Andersons Price Performance ANDE opened at $38.02 on Monday.
The Andersons, Inc. has a 12-month low of $35.88 and a 12-month high of $57.
78. The company has a current ratio of 1.65, a quick ratio of 0.
90 and a debt-to-equity ratio of 0.38. The business’s fifty day simple moving average is $41.
24 and its 200-day simple moving average is $43.27. The company has a market capitalization of $1.
30 billion, a price-to-earnings ratio of 11.45 and a beta of 0.55.
Andersons Announces Dividend The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 22nd. Investors of record on Tuesday, April 1st were paid a dividend of $0.195 per share.
This represents a $0.78 dividend on an annualized basis and a dividend yield of 2.05%.
The ex-dividend date of this dividend was Tuesday, April 1st. Andersons’s dividend payout ratio (DPR) is currently 23.49%.
Analyst Ratings Changes Several equities analysts have commented on ANDE shares. Stephens reaffirmed an “overweight” rating and issued a $55.00 price objective on shares of Andersons in a research report on Wednesday, February 19th.
StockNews.com downgraded Andersons from a “buy” rating to a “hold” rating in a research report on Thursday, February 20th. Check Out Our Latest Research Report on ANDE Insider Buying and Selling In related news, VP Weston Heide sold 800 shares of the company’s stock in a transaction on Wednesday, February 19th.
The stock was sold at an average price of $48.00, for a total transaction of $38,400.00.
Following the completion of the sale, the vice president now directly owns 16,104 shares in the company, valued at $772,992. This represents a 4.73 % decrease in their position.
The sale was disclosed in a document filed with the SEC, which is available through this link . 4.30% of the stock is currently owned by company insiders.
About Andersons ( Free Report ) The Andersons, Inc operates in trade, renewables, and nutrient and industrial sectors in the United States, Canada, Mexico, Egypt, Switzerland, and internationally. It operates through three segments: Trade, Renewables, and Nutrient & Industrial. The company’s Trade segment operates grain elevators; stores commodities; and provides grain marketing, risk management, and origination services, as well as sells commodities, such as corn, soybeans, wheat, oats, ethanol, and corn oil.
See Also Receive News & Ratings for Andersons Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Andersons and related companies with MarketBeat.com's FREE daily email newsletter ..
