Key Points
- Director sale: Patrick Bowe sold 12,093 shares on April 22 at $76.11 each (totaling $920,398.23), reducing his holding by 9.35% to 117,282 shares; the transaction was executed under a pre‑arranged Rule 10b5‑1 trading plan.
- Earnings & dividend: Andersons reported Q4 EPS of $2.04 (beat by $0.48) while revenue fell 18.8% year‑over‑year, and it paid a quarterly dividend of $0.20 (annualized $0.80, ~1.0% yield).
The Andersons, Inc. (NASDAQ:ANDE - Get Free Report) Director Patrick Bowe sold 500 shares of Andersons stock in a transaction dated Tuesday, April 21st. The stock was sold at an average price of $76.01, for a total value of $38,005.00. Following the transaction, the director directly owned 129,375 shares in the company, valued at $9,833,793.75. The trade was a 0.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Andersons Trading Up 1.1%
Shares of ANDE stock opened at $76.70 on Friday. The stock has a market cap of $2.61 billion, a price-to-earnings ratio of 27.39 and a beta of 0.68. The stock has a 50-day moving average of $69.79 and a 200-day moving average of $58.78. The company has a current ratio of 1.41, a quick ratio of 0.60 and a debt-to-equity ratio of 0.43. The Andersons, Inc. has a 1-year low of $31.03 and a 1-year high of $77.06.
Andersons (NASDAQ:ANDE - Get Free Report) last issued its quarterly earnings data on Tuesday, February 17th. The basic materials company reported $2.04 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.56 by $0.48. The company had revenue of $2.54 billion during the quarter, compared to the consensus estimate of $2.69 billion. Andersons had a return on equity of 7.76% and a net margin of 0.87%.The firm's revenue was down 18.8% compared to the same quarter last year. During the same period last year, the company earned $1.31 earnings per share.
Andersons Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Wednesday, April 22nd. Shareholders of record on Wednesday, April 1st were issued a dividend of $0.20 per share. The ex-dividend date was Wednesday, April 1st. This represents a $0.80 annualized dividend and a yield of 1.0%. Andersons's dividend payout ratio (DPR) is presently 28.57%.
Institutional Investors Weigh In On Andersons
Several hedge funds and other institutional investors have recently bought and sold shares of ANDE. Optimize Financial Inc raised its holdings in shares of Andersons by 1.4% during the fourth quarter. Optimize Financial Inc now owns 14,657 shares of the basic materials company's stock valued at $779,000 after purchasing an additional 208 shares during the period. Wealth Enhancement Advisory Services LLC boosted its position in shares of Andersons by 34.4% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 962 shares of the basic materials company's stock worth $51,000 after purchasing an additional 246 shares in the last quarter. GAMMA Investing LLC grew its stake in shares of Andersons by 34.8% in the 4th quarter. GAMMA Investing LLC now owns 1,266 shares of the basic materials company's stock valued at $67,000 after buying an additional 327 shares during the period. Amalgamated Bank increased its position in Andersons by 3.9% in the 3rd quarter. Amalgamated Bank now owns 9,524 shares of the basic materials company's stock valued at $379,000 after buying an additional 356 shares in the last quarter. Finally, Summit Place Financial Advisors LLC increased its position in Andersons by 1.7% in the 3rd quarter. Summit Place Financial Advisors LLC now owns 23,032 shares of the basic materials company's stock valued at $917,000 after buying an additional 390 shares in the last quarter. 87.06% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
A number of equities research analysts have recently commented on ANDE shares. BMO Capital Markets upped their price objective on shares of Andersons from $65.00 to $75.00 and gave the company an "outperform" rating in a research note on Thursday, February 19th. Weiss Ratings reissued a "hold (c)" rating on shares of Andersons in a research note on Monday. Benchmark restated a "buy" rating on shares of Andersons in a report on Wednesday, February 18th. Finally, Wall Street Zen downgraded Andersons from a "buy" rating to a "hold" rating in a report on Saturday, March 14th. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $68.33.
View Our Latest Analysis on Andersons
About Andersons
(
Get Free Report)
The Andersons, Inc operates as a diversified agriculture company offering a broad range of products and services to farmers, retailers and industrial customers. Through its Grain Group, the company purchases, stores, merchandises and transports corn, soybeans and other commodities, while its Renewables Group produces ethanol and distillers grains at multiple plants in the U.S. The Rail Group provides locomotive leasing, railcar repair and related maintenance services, and the Horticulture Group supplies turf, specialty and horticultural products to landscaping professionals and consumer lawn and garden retailers.
Founded in 1947 and headquartered in Maumee, Ohio, The Andersons has grown from a regional grain elevator operator into an integrated agribusiness platform.
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