RHS Financial LLC Has $206,000 Position in The Andersons, Inc. (NASDAQ:ANDE)

RHS Financial LLC trimmed its position in The Andersons, Inc. (NASDAQ:ANDE) by 21.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,076 shares of the basic materials company’s stock after selling 1,416 shares during the quarter. RHS Financial LLC’s holdings in Andersons were worth $206,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in ANDE. Peoples Bank KS increased its stake in Andersons by 250.0% during the 4th 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. KBC Group NV grew its holdings in shares of Andersons by 70.3% during the 4th quarter. KBC Group NV now owns 1,558 shares of the basic materials company’s stock worth $63,000 after purchasing an additional 643 shares in the last quarter. Truvestments Capital LLC bought a new position in shares of Andersons in the third quarter worth $98,000. Systematic Financial Management LP acquired a new position in Andersons in the third quarter valued at about $227,000. Finally, Inspire Advisors LLC lifted its position in Andersons by 11.8% during the third quarter. Inspire Advisors LLC now owns 4,547 shares of the basic materials company’s stock worth $228,000 after purchasing an additional 480 shares during the period. Institutional investors own 87.06% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have commented on ANDE shares. Stephens reissued an “overweight” rating and issued a $60.00 target price on shares of Andersons in a report on Thursday, January 2nd. StockNews.com raised shares of Andersons from a “hold” rating to a “buy” rating in a research note on Wednesday, November 13th.

Andersons Stock Down 2.2 %

ANDE stock opened at $40.75 on Friday. The company has a current ratio of 1.98, a quick ratio of 1.23 and a debt-to-equity ratio of 0.36. The Andersons, Inc. has a 12 month low of $39.25 and a 12 month high of $61.46. The stock has a market capitalization of $1.39 billion, a P/E ratio of 11.64 and a beta of 0.59. The firm has a 50-day moving average price of $43.41 and a 200-day moving average price of $47.05.

Andersons (NASDAQ:ANDE) last posted its earnings results on Monday, November 4th. The basic materials company reported $0.80 EPS for the quarter, beating the consensus estimate of $0.43 by $0.37. The firm had revenue of $2.62 billion during the quarter, compared to the consensus estimate of $2.90 billion. Andersons had a return on equity of 8.21% and a net margin of 1.06%. The business’s quarterly revenue was down 27.9% on a year-over-year basis. During the same period last year, the company earned $0.13 earnings per share. As a group, equities research analysts anticipate that The Andersons, Inc. will post 2.9 EPS for the current fiscal year.

Andersons Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 23rd. Investors of record on Thursday, January 2nd were given a dividend of $0.195 per share. The ex-dividend date was Thursday, January 2nd. This is an increase from Andersons’s previous quarterly dividend of $0.19. This represents a $0.78 annualized dividend and a yield of 1.91%. Andersons’s dividend payout ratio (DPR) is currently 22.29%.

Insiders Place Their Bets

In other Andersons news, insider Joseph E. Mcneely sold 2,382 shares of Andersons stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $47.73, for a total transaction of $113,692.86. Following the transaction, the insider now directly owns 49,601 shares of the company’s stock, valued at approximately $2,367,455.73. The trade was a 4.58 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 5.10% of the company’s stock.

About Andersons

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.