20,479 Shares in The Andersons, Inc. (NASDAQ:ANDE) Acquired by Jump Financial LLC

Jump Financial LLC acquired a new stake in shares of The Andersons, Inc. (NASDAQ:ANDE) in the 4th quarter, HoldingsChannel reports. The institutional investor acquired 20,479 shares of the basic materials company’s stock, valued at approximately $830,000.

Other large investors have also bought and sold shares of the company. Charles Schwab Investment Management Inc. grew its stake in shares of Andersons by 15.2% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 751,624 shares of the basic materials company’s stock worth $30,456,000 after acquiring an additional 99,045 shares during the period. Intech Investment Management LLC boosted its position in Andersons by 221.3% during the fourth quarter. Intech Investment Management LLC now owns 135,678 shares of the basic materials company’s stock worth $5,498,000 after purchasing an additional 93,453 shares during the period. American Century Companies Inc. increased its stake in shares of Andersons by 7.8% in the fourth quarter. American Century Companies Inc. now owns 1,166,781 shares of the basic materials company’s stock worth $47,278,000 after purchasing an additional 84,133 shares in the last quarter. Wellington Management Group LLP raised its position in shares of Andersons by 150.2% in the fourth quarter. Wellington Management Group LLP now owns 139,626 shares of the basic materials company’s stock valued at $5,658,000 after purchasing an additional 83,817 shares during the period. Finally, Wedge Capital Management L L P NC purchased a new stake in shares of Andersons during the 4th quarter valued at approximately $2,744,000. 87.06% of the stock is owned by hedge funds and other institutional investors.

Andersons Price Performance

ANDE stock opened at $37.28 on Tuesday. The firm has a 50 day moving average of $41.46 and a 200-day moving average of $43.59. 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 firm has a market capitalization of $1.27 billion, a P/E ratio of 11.23 and a beta of 0.55. The Andersons, Inc. has a 12 month low of $35.88 and a 12 month high of $61.46.

Andersons (NASDAQ:ANDE) last released its quarterly earnings results on Tuesday, February 18th. The basic materials company reported $1.36 EPS for the quarter, beating analysts’ consensus estimates of $1.02 by $0.34. The firm had revenue of $3.12 billion during the quarter, compared to analyst estimates of $2.72 billion. Andersons had a net margin of 1.01% and a return on equity of 7.59%. As a group, sell-side analysts predict that The Andersons, Inc. will post 3.11 earnings per share for the current fiscal year.

Andersons Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 22nd. Shareholders of record on Tuesday, April 1st will be paid a dividend of $0.195 per share. This represents a $0.78 annualized dividend and a yield of 2.09%. The ex-dividend date is Tuesday, April 1st. Andersons’s dividend payout ratio (DPR) is currently 23.49%.

Insider Activity

In other news, VP Weston Heide sold 800 shares of the business’s stock in a transaction that occurred on Wednesday, February 19th. The shares were sold at an average price of $48.00, for a total value of $38,400.00. Following the completion of the sale, the vice president now directly owns 16,104 shares in the company, valued at approximately $772,992. The trade was a 4.73 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 4.30% of the company’s stock.

Wall Street Analyst Weigh In

ANDE has been the topic of several recent research reports. Stephens restated an “overweight” rating and set a $55.00 target price on shares of Andersons in a research report on Wednesday, February 19th. StockNews.com lowered Andersons from a “buy” rating to a “hold” rating in a research note on Thursday, February 20th.

Andersons Company Profile

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.