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Martingale Asset Management increased its stake in The Andersons, as the company reported strong earnings.
Martingale Asset Management increased its stake in The Andersons, Inc. by 7.9%, acquiring an additional 4,854 shares valued at $2.68 million.
Meanwhile, Trexquant Investment LP bought 28,986 shares valued at $1.18 million.
The Andersons reported earnings of $1.36 per share, surpassing the expected $1.02.
The company has a market cap of $1.28 billion and is largely owned by institutional investors.
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Martingale Asset Management incrementó su participación en The Andersons, ya que la compañía reportó fuertes ganancias.