Andersons IncANDE
Market Cap: 1.87B
About: Andersons Inc is diversified company with its main focus in agriculture sector. Its operations are segmented into Trade, Renewables, and Nutrient & Industrial. The Trade segment which generates the majority of the revenue is engaged in movement of physical commodities such as; whole grains, grain products, feed ingredients and domestic fuel products among other agricultural commodities. Geographically, the company generates majority of its revenue from United States and rest from Canada, Mexico, Egypt, Switzerland and other markets.
Employees: 2,334
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
166% more call options, than puts
Call options by funds: $3.97M | Put options by funds: $1.49M
40% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 30
5% more funds holding
Funds holding: 244 [Q4 2023] → 256 (+12) [Q1 2024]
1.22% more ownership
Funds ownership: 87.77% [Q4 2023] → 88.99% (+1.22%) [Q1 2024]
1% more capital invested
Capital invested by funds: $1.71B [Q4 2023] → $1.73B (+$20.3M) [Q1 2024]
40% less repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 109
100% less funds holding in top 10
Funds holding in top 10: 1 [Q4 2023] → 0 (-1) [Q1 2024]
Research analyst outlook
1 Wall Street Analyst provided 1 year price forecasts over the past 6 months
1 analyst rating
Roth Capital Brian Wright | 18%upside $65 | Buy Reiterated | 6 Feb 2024 |