Thompson Siegel & Walmsley LLC cut its position in The Andersons, Inc. (NASDAQ:ANDE) by 7.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 480,394 shares of the company’s stock after selling 36,179 shares during the period. Thompson Siegel & Walmsley LLC owned about 1.70% of The Andersons worth $21,473,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the company. Teacher Retirement System of Texas raised its stake in shares of The Andersons by 14.0% in the second quarter. Teacher Retirement System of Texas now owns 3,819 shares of the company’s stock worth $136,000 after buying an additional 470 shares in the last quarter. Public Employees Retirement System of Ohio raised its stake in shares of The Andersons by 11.8% in the second quarter. Public Employees Retirement System of Ohio now owns 5,330 shares of the company’s stock worth $189,000 after buying an additional 561 shares in the last quarter. Asset Management One Co. Ltd. acquired a new stake in shares of The Andersons during the fourth quarter worth approximately $207,000. Municipal Employees Retirement System of Michigan raised its stake in shares of The Andersons by 1.7% in the third quarter. Municipal Employees Retirement System of Michigan now owns 5,830 shares of the company’s stock worth $211,000 after buying an additional 100 shares in the last quarter. Finally, Aperio Group LLC raised its stake in shares of The Andersons by 3.2% in the third quarter. Aperio Group LLC now owns 6,660 shares of the company’s stock worth $241,000 after buying an additional 204 shares in the last quarter. 70.69% of the stock is currently owned by institutional investors and hedge funds.

Institutional Ownership by Quarter for The Andersons (NASDAQ:ANDE)

The Andersons, Inc. (NASDAQ:ANDE) traded up 3.63% during mid-day trading on Thursday, reaching $39.95. 372,731 shares of the company’s stock traded hands. The Andersons, Inc. has a 12 month low of $25.32 and a 12 month high of $44.90. The stock’s market cap is $1.13 billion. The company has a 50 day moving average price of $38.95 and a 200-day moving average price of $37.98.

The Andersons (NASDAQ:ANDE) last announced its quarterly earnings data on Wednesday, February 15th. The company reported $0.36 EPS for the quarter, missing the consensus estimate of $0.63 by $0.27. The company had revenue of $1.11 million for the quarter, compared to analyst estimates of $1.23 billion. The Andersons had a positive return on equity of 0.83% and a negative net margin of 1.14%. On average, analysts anticipate that The Andersons, Inc. will post $0.69 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, January 24th. Stockholders of record on Tuesday, January 3rd were given a dividend of $0.16 per share. This is an increase from The Andersons’s previous quarterly dividend of $0.16. The ex-dividend date of this dividend was Thursday, December 29th. This represents a $0.64 annualized dividend and a dividend yield of 1.66%. The Andersons’s dividend payout ratio (DPR) is -39.26%.

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Separately, Zacks Investment Research raised shares of The Andersons from a “hold” rating to a “buy” rating and set a $44.00 price objective on the stock in a research report on Thursday, November 3rd. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The Andersons currently has an average rating of “Buy” and a consensus price target of $42.67.

In other news, insider William J. Wolf sold 2,000 shares of the firm’s stock in a transaction that occurred on Friday, November 18th. The shares were sold at an average price of $38.18, for a total transaction of $76,360.00. Following the completion of the sale, the insider now owns 37,058 shares of the company’s stock, valued at approximately $1,414,874.44. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Corbett J. Jorgenson sold 1,016 shares of the firm’s stock in a transaction that occurred on Friday, January 6th. The stock was sold at an average price of $40.20, for a total transaction of $40,843.20. Following the sale, the insider now directly owns 15,504 shares of the company’s stock, valued at approximately $623,260.80. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 3,516 shares of company stock valued at $136,928. Insiders own 5.90% of the company’s stock.

The Andersons Company Profile

The Andersons, Inc is a diversified company. The Company conducts business across North America in the grain, ethanol, plant nutrient and rail sectors. The Company also produces turf and cob products, and has a consumer retailing presence. The Company operates through five segments: Grain, Ethanol, Rail, Plant Nutrient and Retail.

5 Day Chart for NASDAQ:ANDE

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