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

RHS Financial LLC lessened its position in The Andersons, Inc. (NASDAQ:ANDE) by 21.8% in the fourth quarter, HoldingsChannel reports. The fund 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 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of ANDE. State Street Corp lifted its holdings in shares of Andersons by 2.2% in the 3rd quarter. State Street Corp now owns 1,337,344 shares of the basic materials company’s stock worth $67,054,000 after purchasing an additional 28,773 shares in the last quarter. Nordea Investment Management AB lifted its stake in shares of Andersons by 86.5% in the fourth quarter. Nordea Investment Management AB now owns 101,099 shares of the basic materials company’s stock valued at $4,110,000 after buying an additional 46,903 shares in the last quarter. Intech Investment Management LLC grew its holdings in shares of Andersons by 375.0% during the third quarter. Intech Investment Management LLC now owns 42,225 shares of the basic materials company’s stock valued at $2,117,000 after buying an additional 33,336 shares during the last quarter. Peoples Bank KS increased its position 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 in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its position in shares of Andersons by 23.6% during the third quarter. Charles Schwab Investment Management Inc. now owns 652,579 shares of the basic materials company’s stock worth $32,720,000 after acquiring an additional 124,468 shares in the last quarter. Institutional investors own 87.06% of the company’s stock.

Andersons Stock Performance

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

Andersons (NASDAQ:ANDE) last posted its quarterly earnings data 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. Andersons had a net margin of 1.06% and a return on equity of 8.21%. The firm had revenue of $2.62 billion during the quarter, compared to analyst estimates of $2.90 billion. During the same quarter last year, the business posted $0.13 EPS. The company’s revenue for the quarter was down 27.9% on a year-over-year basis. Equities research analysts forecast that The Andersons, Inc. will post 2.9 EPS for the current fiscal year.

Andersons Increases Dividend

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

Analyst Ratings Changes

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

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 shares were sold at an average price of $47.73, for a total value of $113,692.86. Following the sale, the insider now 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible 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.