Mgp Ingredients INC New (MGPI) Shareholder Raymond James Financial Services Advisors INC Lowered Its Stake

Investors sentiment increased to 1.58 in 2018 Q2. Its up 0.08, from 1.5 in 2018Q1. It improved, as 12 investors sold MGPI shares while 38 reduced holdings. 28 funds opened positions while 51 raised stakes. 16.26 million shares or 1.08% less from 16.44 million shares in 2018Q1 were reported. The North Carolina-based Financial Bank Of America Corporation De has invested 0% in MGP Ingredients, Inc. (NASDAQ:MGPI). 3,900 were accumulated by Country Club Trust Na. Sei Co accumulated 24 shares. Credit Suisse Ag owns 0.01% invested in MGP Ingredients, Inc. (NASDAQ:MGPI) for 68,802 shares. Swiss National Bank & Trust holds 0% or 23,300 shares. Citigroup reported 0% of its portfolio in MGP Ingredients, Inc. (NASDAQ:MGPI). Alliancebernstein LP stated it has 15,200 shares or 0% of all its holdings. Ami Asset Mgmt Corporation reported 123,717 shares. Deutsche Comml Bank Ag has 21,271 shares. Tower Research Ltd Limited Liability Company (Trc) has 6,329 shares. Mutual Of America Capital Mgmt Ltd Company stated it has 0% of its portfolio in MGP Ingredients, Inc. (NASDAQ:MGPI). Suntrust Banks has 0% invested in MGP Ingredients, Inc. (NASDAQ:MGPI) for 5,474 shares. Great West Life Assurance Can holds 16,334 shares or 0% of its portfolio. Sns Financial Group Incorporated Llc reported 7,500 shares or 0.17% of all its holdings. Driehaus Ltd Llc holds 0.49% in MGP Ingredients, Inc. (NASDAQ:MGPI) or 163,932 shares.

Since June 5, 2018, it had 2 insider purchases, and 4 selling transactions for $1.36 million activity. Seaberg Karen had sold 4,611 shares worth $412,961 on Thursday, June 28. Thomas K. Pigott had bought 1,000 shares worth $65,910 on Tuesday, November 6. On Thursday, June 7 the insider DYKSTRA DAVID E sold $453,150. Shares for $723,600 were bought by Page George W Jr on Tuesday, August 28.

Raymond James Financial Services Advisors Inc decreased its stake in Mgp Ingredients Inc New (MGPI) by 3.46% based on its latest 2018Q2 regulatory filing with the SEC. Raymond James Financial Services Advisors Inc sold 154,326 shares as the company’s stock declined 15.99% while stock markets rallied. The institutional investor held 4.31 million shares of the consumer non-durables company at the end of 2018Q2, valued at $382.81 million, down from 4.46 million at the end of the previous reported quarter. Raymond James Financial Services Advisors Inc who had been investing in Mgp Ingredients Inc New for a number of months, seems to be less bullish one the $1.09 billion market cap company. The stock decreased 0.60% or $0.39 during the last trading session, reaching $64.56. About 15,437 shares traded. MGP Ingredients, Inc. (NASDAQ:MGPI) has risen 32.39% since December 6, 2017 and is uptrending. It has outperformed by 16.77% the S&P500.

Raymond James Financial Services Advisors Inc, which manages about $52.09B and $19.66B US Long portfolio, upped its stake in Exponent Inc (NASDAQ:EXPO) by 62,681 shares to 124,715 shares, valued at $6.02 million in 2018Q2, according to the filing. It also increased its holding in Visa Inc (NYSE:V) by 63,291 shares in the quarter, for a total of 725,469 shares, and has risen its stake in Dowdupont Inc.

Analysts await MGP Ingredients, Inc. (NASDAQ:MGPI) to report earnings on March, 7. They expect $0.56 EPS, up 1.82 % or $0.01 from last year’s $0.55 per share. MGPI’s profit will be $9.44 million for 28.82 P/E if the $0.56 EPS becomes a reality. After $0.52 actual EPS reported by MGP Ingredients, Inc. for the previous quarter, Wall Street now forecasts 7.69 % EPS growth.

More notable recent MGP Ingredients, Inc. (NASDAQ:MGPI) news were published by: Seekingalpha.com which released: “MGP Ingredients’ (MGPI) CEO Gus Griffin on Q1 2018 Results – Earnings Call Transcript – Seeking Alpha” on May 02, 2018, also Bizjournals.com with their article: “Bourbon tariffs have Tom’s Town, MGP Ingredients on alert – Kansas City Business Journal” published on July 06, 2018, Globenewswire.com published: “MGP Ingredients Schedules Third Quarter 2018 Conference Call/Webcast for Thursday, November 1 – GlobeNewswire” on October 18, 2018. More interesting news about MGP Ingredients, Inc. (NASDAQ:MGPI) were released by: Bizjournals.com and their article: “Here are the San Francisco Bay Area stocks driving Wall Street’s latest bull run – San Francisco Business Times” published on August 22, 2018 as well as Globenewswire.com‘s news article titled: “Jenell Loschke Joins MGP Corporate Communications Team – GlobeNewswire” with publication date: June 26, 2018.

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

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