Archer (ADM) Shareholder Marathon Asset Management Llp Lifted Holding; Shareholder Pinebridge Investments LP Has Upped Bemis Com (BMS) Holding

January 14, 2018 - By wolcottdaily

Bruce J. Richards increased its stake in Archer (ADM) by 10.04% based on its latest 2017Q3 regulatory filing with the SEC. Marathon Asset Management Llp bought 181,616 shares as the company’s stock declined 7.14% while stock markets rallied. The hedge fund run by Bruce J. Richards held 1.99 million shares of the packaged foods company at the end of 2017Q3, valued at $84.58 million, up from 1.81M at the end of the previous reported quarter. Marathon Asset Management Llp who had been investing in Archer for a number of months, seems to be bullish on the $22.65B market cap company. The stock decreased 0.15% or $0.06 during the last trading session, reaching $40.5. About 2.81 million shares traded. Archer-Daniels-Midland Company (NYSE:ADM) has risen 8.16% since January 14, 2017 and is uptrending. It has underperformed by 8.54% the S&P500.

Pinebridge Investments Lp increased its stake in Bemis Inc Com (BMS) by 422.27% based on its latest 2017Q3 regulatory filing with the SEC. Pinebridge Investments Lp bought 50,689 shares as the company’s stock declined 9.89% while stock markets rallied. The hedge fund held 62,693 shares of the consumer durables company at the end of 2017Q3, valued at $2.86M, up from 12,004 at the end of the previous reported quarter. Pinebridge Investments Lp who had been investing in Bemis Inc Com for a number of months, seems to be bullish on the $4.33 billion market cap company. The stock decreased 0.29% or $0.14 during the last trading session, reaching $47.66. About 298,616 shares traded. Bemis Company, Inc. (NYSE:BMS) has declined 9.13% since January 14, 2017 and is downtrending. It has underperformed by 25.83% the S&P500.

Investors sentiment increased to 1.21 in Q3 2017. Its up 0.33, from 0.88 in 2017Q2. It improved, as 45 investors sold ADM shares while 180 reduced holdings. 61 funds opened positions while 211 raised stakes. 417.42 million shares or 3.07% more from 405.00 million shares in 2017Q2 were reported. Quantitative Management Ltd Company stated it has 0.11% of its portfolio in Archer-Daniels-Midland Company (NYSE:ADM). Brown Advisory stated it has 0% in Archer-Daniels-Midland Company (NYSE:ADM). Dubuque Bank And has 0.09% invested in Archer-Daniels-Midland Company (NYSE:ADM) for 13,241 shares. Markel accumulated 1.46M shares. Argent reported 0.08% stake. Barclays Public Ltd Company reported 369,967 shares. Regentatlantic Cap Llc, New Jersey-based fund reported 99,617 shares. Hanson & Doremus Inv Mgmt holds 0.09% or 5,876 shares in its portfolio. Assetmark Incorporated holds 0.01% in Archer-Daniels-Midland Company (NYSE:ADM) or 17,865 shares. 6,152 were accumulated by Rocky Mountain Advisers Limited Liability Corporation. Rampart Invest Management Limited Liability Com owns 7,004 shares. M&T Fincl Bank Corp invested in 0.01% or 48,818 shares. Commonwealth Equity Services accumulated 0.04% or 172,798 shares. 100,871 were reported by Manning And Napier Advsrs Limited. Old Natl Bank & Trust In accumulated 4,894 shares or 0.01% of the stock.

Marathon Asset Management Llp, which manages about $50.94 billion and $6.08B US Long portfolio, decreased its stake in Renaissancere Holding Ltd (NYSE:RNR) by 2,593 shares to 133,959 shares, valued at $18.10M in 2017Q3, according to the filing. It also reduced its holding in American Express Co (NYSE:AXP) by 16,979 shares in the quarter, leaving it with 925,131 shares, and cut its stake in Clean Harbors Inc (NYSE:CLH).

Among 14 analysts covering Archer Daniels Midland Company (NYSE:ADM), 2 have Buy rating, 2 Sell and 10 Hold. Therefore 14% are positive. Archer Daniels Midland Company had 42 analyst reports since July 29, 2015 according to SRatingsIntel. The rating was maintained by BMO Capital Markets on Friday, September 15 with “Hold”. The firm earned “Hold” rating on Thursday, April 28 by Standpoint Research. The rating was initiated by Robert W. Baird on Monday, September 11 with “Buy”. The firm earned “Hold” rating on Friday, August 25 by Piper Jaffray. As per Monday, August 29, the company rating was maintained by Macquarie Research. The firm has “Sell” rating by Monness Crespi given on Wednesday, November 1. Stifel Nicolaus maintained Archer-Daniels-Midland Company (NYSE:ADM) rating on Wednesday, September 13. Stifel Nicolaus has “Hold” rating and $45.0 target. As per Friday, November 11, the company rating was downgraded by JP Morgan. On Friday, February 12 the stock rating was downgraded by Argus Research to “Hold”. Robert W. Baird maintained Archer-Daniels-Midland Company (NYSE:ADM) rating on Friday, October 13. Robert W. Baird has “Buy” rating and $50.0 target.

Investors sentiment decreased to 0.75 in 2017 Q3. Its down 0.30, from 1.05 in 2017Q2. It turned negative, as 32 investors sold BMS shares while 123 reduced holdings. 39 funds opened positions while 78 raised stakes. 64.94 million shares or 0.27% less from 65.11 million shares in 2017Q2 were reported. Riverhead Management Ltd Limited Liability Company owns 135,226 shares. Jefferies Grp Limited Liability Com has invested 0% in Bemis Company, Inc. (NYSE:BMS). 27,818 are held by North Star Asset Mgmt. Mitchell Mcleod Pugh And Williams reported 29,654 shares. Winfield holds 10 shares. Ahl Prns Llp owns 306,598 shares or 0.25% of their US portfolio. Tower Research Cap Limited Liability Corp (Trc) holds 479 shares or 0% of its portfolio. Natl Asset Management Inc reported 10,832 shares stake. Veritable Lp has 4,870 shares. Osborne Cap Limited Liability owns 42,700 shares for 0.27% of their portfolio. Teacher Retirement Systems Of Texas holds 0% of its portfolio in Bemis Company, Inc. (NYSE:BMS) for 7,597 shares. Stephens Ar holds 9,661 shares. 20,496 were accumulated by Zevin Asset Mngmt Ltd Limited Liability Company. Swiss National Bank & Trust has 155,700 shares for 0.01% of their portfolio. Moreover, Silvercrest Asset Mngmt Group Incorporated Ltd Llc has 0% invested in Bemis Company, Inc. (NYSE:BMS).

Pinebridge Investments Lp, which manages about $38.23 billion and $4.16B US Long portfolio, decreased its stake in Williams Cos Inc Del Com (NYSE:WMB) by 334,089 shares to 49,291 shares, valued at $1.48M in 2017Q3, according to the filing. It also reduced its holding in Universal Fst Prods Inc Com (NASDAQ:UFPI) by 5,839 shares in the quarter, leaving it with 2,534 shares, and cut its stake in Activision Blizzard Inc Com (NASDAQ:ATVI).

Among 17 analysts covering Bemis Company Inc. (NYSE:BMS), 4 have Buy rating, 2 Sell and 11 Hold. Therefore 24% are positive. Bemis Company Inc. had 50 analyst reports since September 14, 2015 according to SRatingsIntel. The rating was initiated by Macquarie Research with “Neutral” on Tuesday, November 10. The firm has “Sell” rating by RBC Capital Markets given on Tuesday, September 5. Barclays Capital maintained Bemis Company, Inc. (NYSE:BMS) on Monday, May 2 with “Equal Weight” rating. The firm has “Neutral” rating given on Tuesday, July 19 by Citigroup. RBC Capital Markets maintained it with “Sell” rating and $3900 target in Monday, July 31 report. The rating was maintained by RBC Capital Markets on Monday, October 9 with “Sell”. As per Thursday, March 31, the company rating was downgraded by BMO Capital Markets. Credit Suisse maintained the shares of BMS in report on Monday, May 1 with “Hold” rating. The company was maintained on Thursday, September 7 by Jefferies. The stock has “Hold” rating by Wells Fargo on Friday, September 8.

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