MGP Ingredients Inc Stock as Big Money Enter, Sentiment at 1.58

Positions for MGP Ingredients Inc (NASDAQ:MGPI)

In Q2 2018 MGP Ingredients Inc (NASDAQ:MGPI) big money sentiment increased to 1.58, SEC filings reveal. That’s up 0.08, from 2018Q1’s 1.5. 79 institutional investors increased or opened new equity positions, while 50 cut down and sold their stock positions in MGP Ingredients Inc so the sentiment has improved. These funds own 16.26 million shares, that’s down from 16.44 million shares in 2018Q1. Funds holding MGP Ingredients Inc in top 10 changed to 3 from 4 for a decrease of 1. In total 12 funds closed positions, 38 reduced and 51 increased. Also 28 funds bought new MGP Ingredients Inc stakes.

Largest MGP Ingredients Inc Investors

As of Q2 2018 Manatuck Hill Partners Llc has 5.78% invested in MGP Ingredients Inc. MGP Ingredients Inc’s shareholder Conestoga Capital Advisors Llc owns 737,843 shares as of Q2 2018. Also, Raymond James Financial Services Advisors Inc. reported 4.31 million shares in MGP Ingredients Inc equivalent to 1.95% of its US equity exposure. The New York-based fund Diker Management Llc have invested about 1.86% of the investment professional’s stock portfolio in MGP Ingredients Inc. The Quebec – Canada-based fund Pembroke Management Ltd looks positive on MGP Ingredients Inc, owning 155,700 shares.

MGP Ingredients, Inc., together with its subsidiaries, produces and supplies distilled spirits, and specialty wheat proteins and starch food ingredients.The company has $1.04 billion market cap. The firm operates through two divisions, Distillery Products and Ingredient Solutions.The P/E ratio is 27.7. The Distillery Products segment provides food grade alcohol for beverage applications that include bourbon and rye whiskeys, as well as grain neutral spirits, including vodka and gin; and food grade industrial alcohol, which is used as an ingredient in foods, personal care products, cleaning solutions, pharmaceuticals, and various other products, as well as for various industrial processors.

MGPI reached $61.56 during the last trading session after $1.97 change.MGP Ingredients, Inc. has 206,266 shares volume, 24.08% up from normal. MGPI is uptrending and has moved 32.39% since December 8, 2017. MGPI outperformed the S&P 500 by 16.77%.

On March, 7 MGP Ingredients, Inc. (NASDAQ:MGPI)’s earnings report is awaited by WallStreet, RTT reports. earnings per share of $0.56 is 1.82 % up from 2017’s $0.55 EPS. If earnings per share of $0.56 is reported the profit of MGPI could hit $9.44 million giving it 27.48 P/E. After $0.52 earnings per share was reported previous quarter, analysts now see EPS growth of 7.69 % for MGP Ingredients, Inc..

Eam Invsts Ltd Liability holds 0.12% of its capital in MGP Ingredients, Inc. (NASDAQ:MGPI) for 8,330 shs. Timessquare Cap Mgmt Lc stated it has 0.27% of its capital in MGP Ingredients, Inc. (NASDAQ:MGPI). Bnp Paribas Arbitrage Sa has 0% invested in MGP Ingredients, Inc. (NASDAQ:MGPI). Jpmorgan Chase & invested in 9,382 shs or 0% of the stock. Moreover, Sei Investments Company has 0% invested in MGP Ingredients, Inc. (NASDAQ:MGPI) for 24 shs. Services Automobile Association has invested 0% in MGP Ingredients, Inc. (NASDAQ:MGPI). First Ltd Partnership owns 0.01% invested in MGP Ingredients, Inc. (NASDAQ:MGPI) for 39,227 shs. Kornitzer Ks accumulated 90,640 shs. Ami Asset Management accumulated 123,717 shs. Louisiana State Employees Retirement System invested in 0.02% or 5,600 shs. Convergence Inv Ptnrs Ltd Company holds 0.09% or 7,085 shs. Raymond James Fincl Svcs Advsrs invested 1.95% of its capital in MGP Ingredients, Inc. (NASDAQ:MGPI). Ny State Common Retirement Fund has 30,168 shs for 0% of their capital. State Of Wisconsin Board owns 114,440 shs. Peak6 Invs Limited Partnership owns 0% invested in MGP Ingredients, Inc. (NASDAQ:MGPI) for 271 shs.

MGP Ingredients, Inc. had 4 insider sales and 2 insider purchases since June 5, 2018. This’s net activity of $1.36 million. Thomas K. Pigott bought 1,000 shs worth $65,910. The insider RINDOM DAVID E sold $1.04M. On Thursday, June 7 DYKSTRA DAVID E had sold 5,000 shs worth $453,150. Page George W Jr bought $723,600 worth of stock or 10,000 shs.

For more MGP Ingredients, Inc. (NASDAQ:MGPI) news published recently go to: Fool.com, Globenewswire.com, Seekingalpha.com, Seekingalpha.com or Globenewswire.com. The titles are as follows: “These 3 Stocks Shot Up 50% in 2017 — Are They Still Buys? – The Motley Fool” published on April 26, 2018, “MGP Ingredients Reports Third Quarter 2018 Results Nasdaq:MGPI – GlobeNewswire” on November 01, 2018, “MGP Ingredients Inc (MGPI) CEO Gus Griffin on Q2 2018 Results – Earnings Call Transcript – Seeking Alpha” with a publish date: August 06, 2018, “MGP Ingredients – Wait For The Call? – Seeking Alpha” and the last “MGP Ingredients Reports Fourth Quarter and Full Year 2017 Results – GlobeNewswire” with publication date: March 01, 2018.

MGP Ingredients, Inc. (NASDAQ:MGPI) Institutional Investors Chart

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