The Andersons, Inc. (NASDAQ:ANDE) has been given an average rating of “Hold” by the six ratings firms that are covering the firm, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell recommendation and three have assigned a hold recommendation to the company. The average 1-year target price among analysts that have covered the stock in the last year is $34.50.

Separately, TheStreet raised The Andersons from a “c+” rating to a “b” rating in a research report on Wednesday.

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Shares of The Andersons (NASDAQ ANDE) opened at $33.90 on Friday. The stock has a market capitalization of $988.16, a price-to-earnings ratio of 23.22 and a beta of 1.19. The Andersons has a 12-month low of $29.60 and a 12-month high of $39.35. The company has a current ratio of 1.35, a quick ratio of 0.47 and a debt-to-equity ratio of 0.51.

The Andersons (NASDAQ:ANDE) last released its quarterly earnings data on Wednesday, February 14th. The basic materials company reported $0.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.42 by $0.20. The firm had revenue of $1 billion during the quarter, compared to analysts’ expectations of $1.21 billion. The Andersons had a return on equity of 4.83% and a net margin of 1.12%. The business’s revenue for the quarter was down 9.8% on a year-over-year basis. During the same quarter last year, the firm earned $0.36 earnings per share. equities analysts forecast that The Andersons will post 1.94 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Monday, April 23rd. Shareholders of record on Monday, April 2nd will be issued a dividend of $0.165 per share. The ex-dividend date is Thursday, March 29th. This represents a $0.66 annualized dividend and a yield of 1.95%. The Andersons’s dividend payout ratio (DPR) is currently 45.21%.

In other The Andersons news, Director Rasesh H. Shah sold 20,000 shares of the firm’s stock in a transaction dated Friday, March 9th. The stock was sold at an average price of $36.25, for a total transaction of $725,000.00. Following the transaction, the director now directly owns 41,862 shares in the company, valued at $1,517,497.50. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Rasesh H. Shah sold 9,000 shares of the firm’s stock in a transaction dated Monday, March 19th. The shares were sold at an average price of $34.50, for a total value of $310,500.00. Following the transaction, the director now owns 24,728 shares in the company, valued at $853,116. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 32,000 shares of company stock worth $1,143,430. Corporate insiders own 6.30% of the company’s stock.

A number of hedge funds and other institutional investors have recently bought and sold shares of ANDE. Snow Capital Management LP increased its stake in shares of The Andersons by 3.8% in the fourth quarter. Snow Capital Management LP now owns 66,201 shares of the basic materials company’s stock worth $2,062,000 after purchasing an additional 2,396 shares during the period. California Public Employees Retirement System increased its stake in shares of The Andersons by 4.2% in the third quarter. California Public Employees Retirement System now owns 60,255 shares of the basic materials company’s stock worth $2,064,000 after purchasing an additional 2,455 shares during the period. SG Americas Securities LLC increased its stake in shares of The Andersons by 82.7% in the third quarter. SG Americas Securities LLC now owns 5,498 shares of the basic materials company’s stock worth $188,000 after purchasing an additional 2,489 shares during the period. Schwab Charles Investment Management Inc. increased its stake in shares of The Andersons by 0.7% in the fourth quarter. Schwab Charles Investment Management Inc. now owns 349,347 shares of the basic materials company’s stock worth $10,883,000 after purchasing an additional 2,508 shares during the period. Finally, Teachers Retirement System of The State of Kentucky increased its stake in shares of The Andersons by 37.6% in the third quarter. Teachers Retirement System of The State of Kentucky now owns 10,250 shares of the basic materials company’s stock worth $351,000 after purchasing an additional 2,800 shares during the period. Institutional investors own 78.46% of the company’s stock.

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About The Andersons

The Andersons, Inc, an agriculture company, operates in the grain, ethanol, plant nutrient, and rail sectors in the United States and internationally. The company's Grain segment operates grain elevators; stores grains; and provides grain marketing, risk management, and corn origination services to its customers and affiliated ethanol facilities.

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