$0.53 EPS Expected for MGP Ingredients, Inc. (MGPI)

September 30, 2018 - By Jason Dias

Investors sentiment increased to 1.58 in 2018 Q2. Its up 0.08, from 1.5 in 2018Q1. It is positive, as 12 investors sold MGP Ingredients, Inc. 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.
California Employees Retirement holds 28,814 shares. Ubs Asset Management Americas reported 0% in MGP Ingredients, Inc. (NASDAQ:MGPI). 56,645 were accumulated by Morgan Stanley. Mason Street Ltd Liability reported 3,648 shares. Aperio Group Inc Limited Co owns 4,201 shares. State Of Tennessee Treasury Department invested in 8,696 shares or 0% of the stock. Diker Mgmt Lc holds 1.86% in MGP Ingredients, Inc. (NASDAQ:MGPI) or 58,661 shares. Kessler Inv Gp Limited Liability Co reported 0.23% in MGP Ingredients, Inc. (NASDAQ:MGPI). State Board Of Administration Of Florida Retirement invested in 0% or 6,673 shares. Blackrock invested in 0.01% or 1.78M shares. State Of Alaska Department Of Revenue has invested 0.01% in MGP Ingredients, Inc. (NASDAQ:MGPI). Voya Invest Management Limited Com has invested 0% in MGP Ingredients, Inc. (NASDAQ:MGPI). 4,625 were reported by Usa Financial Portformulas Corp. Moreover, Convergence Invest Prns has 0.09% invested in MGP Ingredients, Inc. (NASDAQ:MGPI). 6,329 are held by Tower Cap Limited Liability Com (Trc).

Since April 19, 2018, it had 1 insider buy, and 10 sales for $9.89 million activity. DYKSTRA DAVID E sold $453,150 worth of stock. Seaberg Karen sold $100,158 worth of stock or 1,075 shares. Page George W Jr had bought 10,000 shares worth $723,600. 400 shares were sold by Buttshaw Michael Rodger, worth $35,060 on Thursday, May 31.

Analysts expect MGP Ingredients, Inc. (NASDAQ:MGPI) to report $0.53 EPS on November, 1.They anticipate $0.15 EPS change or 39.47 % from last quarter’s $0.38 EPS. MGPI’s profit would be $8.93M giving it 37.25 P/E if the $0.53 EPS is correct. After having $0.44 EPS previously, MGP Ingredients, Inc.’s analysts see 20.45 % EPS growth. The stock increased 0.28% or $0.22 during the last trading session, reaching $78.98. About 228,442 shares traded or 17.94% up from the average. MGP Ingredients, Inc. (NASDAQ:MGPI) has risen 32.39% since September 30, 2017 and is uptrending. It has outperformed by 16.77% the S&P500.

MGP Ingredients, Inc., together with its subsidiaries, produces and supplies distilled spirits, and specialty wheat proteins and starch food ingredients. The company has market cap of $1.33 billion. The firm operates through two divisions, Distillery Products and Ingredient Solutions. It has a 31.35 P/E ratio. 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.

Another recent and important MGP Ingredients, Inc. (NASDAQ:MGPI) news was published by Globenewswire.com which published an article titled: “Report: Developing Opportunities within Sabra Healthcare REIT, MGP Ingredients, Garmin, Noble Midstream Partners …” on September 25, 2018.

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

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