Archer Daniels Midland Company $ADM Stock Holdings Lifted by Assenagon Asset Management S.A.

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Assenagon Asset Management S.A. significantly increased its stake in Archer Daniels Midland Company (NYSE:ADM) by 1,542.1% in the 4th quarter, now owning 0.08% of the company’s stock valued at $22.8 million. Several other institutional investors also adjusted their positions in ADM. The company recently announced an increase in its quarterly dividend to $0.52 and reported earnings of $0.87 per share, surpassing analyst estimates.

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