From MarketBeat:

Archer-Daniels-Midland Company (NYSE:ADM) experienced unusually large options trading activity on Wednesday, with stock traders acquiring 31,033 put options, representing a 336% increase compared to the typical daily volume. Several hedge funds and institutional investors recently bought and sold shares of the company, with institutional investors owning 77.73% of the company’s stock. The company released its quarterly earnings results, reporting a $1.63 EPS for the quarter and a revenue of $21.70 billion, resulting in a decrease in stock value.

Additionally, Archer-Daniels-Midland disclosed a quarterly dividend and posted a dividend payout ratio of 25.07%. Wall Street analysts have forecasted growth for the company, with an average rating of “Hold” and an average target price of $89.80. The company operates in three segments: Ag Services and Oilseeds, Carbohydrate Solutions, and Nutrition. Archer-Daniels-Midland’s stock price has been affected by decreased target prices and rating downgrades from analysts.

If you’re considering investing in Archer-Daniels-Midland, MarketBeat has identified five stocks better buys, despite Archer-Daniels-Midland currently having a “Hold” rating among analysts. MarketBeat’s top-rated analysts are whispering to their clients to buy now before the broader market catches on.



Read more: Archer-Daniels-Midland Sees Unusually Large Options Volume (NYSE:ADM)