15,692 Shares in The Andersons, Inc. (NASDAQ:ANDE) Bought by Oxford Asset Management LLP

Oxford Asset Management LLP bought a new stake in The Andersons, Inc. (NASDAQ:ANDE) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 15,692 shares of the basic materials company’s stock, valued at approximately $636,000.

A number of other hedge funds also recently modified their holdings of the business. Barclays PLC increased its stake in Andersons by 347.7% during the 3rd quarter. Barclays PLC now owns 54,358 shares of the basic materials company’s stock worth $2,725,000 after purchasing an additional 42,217 shares in the last quarter. Nordea Investment Management AB increased its position in shares of Andersons by 86.5% during the fourth quarter. Nordea Investment Management AB now owns 101,099 shares of the basic materials company’s stock worth $4,110,000 after acquiring an additional 46,903 shares in the last quarter. Diversified Trust Co increased its position in shares of Andersons by 9.1% during the fourth quarter. Diversified Trust Co now owns 11,278 shares of the basic materials company’s stock worth $457,000 after acquiring an additional 944 shares in the last quarter. Peoples Bank KS raised its holdings in shares of Andersons by 250.0% during the fourth quarter. Peoples Bank KS now owns 700 shares of the basic materials company’s stock worth $28,000 after acquiring an additional 500 shares during the period. Finally, Wedge Capital Management L L P NC bought a new stake in Andersons in the 4th quarter valued at $2,744,000. Institutional investors and hedge funds own 87.06% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. Stephens reiterated an “overweight” rating and set a $55.00 target price on shares of Andersons in a report on Wednesday, February 19th. StockNews.com lowered Andersons from a “buy” rating to a “hold” rating in a research report on Thursday, February 20th.

Andersons Stock Performance

Shares of ANDE stock opened at $38.02 on Friday. The firm has a market cap of $1.30 billion, a PE ratio of 11.45 and a beta of 0.55. The Andersons, Inc. has a 12 month low of $35.88 and a 12 month high of $57.78. The company’s fifty day simple moving average is $41.24 and its 200-day simple moving average is $43.35. The company has a quick ratio of 0.90, a current ratio of 1.65 and a debt-to-equity ratio of 0.38.

Andersons (NASDAQ:ANDE) last posted its quarterly earnings data on Tuesday, February 18th. The basic materials company reported $1.36 EPS for the quarter, topping analysts’ consensus estimates of $1.02 by $0.34. The company had revenue of $3.12 billion during the quarter, compared to the consensus estimate of $2.72 billion. Andersons had a net margin of 1.01% and a return on equity of 7.59%. Equities research analysts expect that The Andersons, Inc. will post 3.11 EPS for the current fiscal year.

Andersons Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 22nd. Shareholders of record on Tuesday, April 1st were given a dividend of $0.195 per share. This represents a $0.78 annualized dividend and a dividend yield of 2.05%. The ex-dividend date was Tuesday, April 1st. Andersons’s dividend payout ratio (DPR) is 23.49%.

Insider Transactions at Andersons

In other news, VP Weston Heide sold 800 shares of the company’s stock in a transaction dated Wednesday, February 19th. The shares were sold at an average price of $48.00, for a total value of $38,400.00. Following the sale, the vice president now directly owns 16,104 shares of the company’s stock, valued at approximately $772,992. This represents a 4.73 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 4.30% of the company’s stock.

Andersons 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.