Mgp Ingredients INC New (MGPI) Stock Rose While Raymond James Financial Services Advisors INC Has Lifted by $5.07 Million Its Position

December 7, 2017 - By wolcottdaily

Investors sentiment decreased to 0.93 in 2017 Q2. Its down 0.35, from 1.28 in 2017Q1. It dropped, as 24 investors sold MGPI shares while 30 reduced holdings. 7 funds opened positions while 43 raised stakes. 16.10 million shares or 1.62% more from 15.85 million shares in 2017Q1 were reported. Cardinal Cap Ltd Liability Ct accumulated 720,231 shares. Legal General Public Ltd Com has 3,376 shares. Barclays Public Ltd has invested 0% of its portfolio in MGP Ingredients, Inc. (NASDAQ:MGPI). Bnp Paribas Arbitrage Sa, New York-based fund reported 1,629 shares. Timessquare Capital Lc invested in 0.41% or 1.23 million shares. Denver Invest Advisors Limited Liability holds 12,365 shares or 0.03% of its portfolio. Kennedy Incorporated stated it has 44,887 shares. Bb&T Corp reported 0% stake. Northern Tru stated it has 156,804 shares. Mariner Wealth Advisors Limited Liability Company has invested 0.14% of its portfolio in MGP Ingredients, Inc. (NASDAQ:MGPI). Suntrust Banks Incorporated invested in 0% or 4,069 shares. Driehaus Management Limited Co owns 99,094 shares. Moreover, Manatuck Hill Partners Ltd Liability has 4.95% invested in MGP Ingredients, Inc. (NASDAQ:MGPI). Schwab Charles Inv Inc invested 0% in MGP Ingredients, Inc. (NASDAQ:MGPI). Deutsche State Bank Ag has invested 0% in MGP Ingredients, Inc. (NASDAQ:MGPI).

Since June 14, 2017, it had 1 buy, and 0 sales for $15,033 activity.

Raymond James Financial Services Advisors Inc increased its stake in Mgp Ingredients Inc New (MGPI) by 2.27% based on its latest 2017Q2 regulatory filing with the SEC. Raymond James Financial Services Advisors Inc bought 99,372 shares as the company’s stock rose 22.02% with the market. The institutional investor held 4.49 million shares of the consumer non-durables company at the end of 2017Q2, valued at $229.57 million, up from 4.39 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 bullish on the $1.24B market cap company. The stock decreased 0.63% or $0.47 during the last trading session, reaching $74.28. About 83,497 shares traded. MGP Ingredients, Inc. (NASDAQ:MGPI) has risen 102.52% since December 7, 2016 and is uptrending. It has outperformed by 85.82% the S&P500.

Raymond James Financial Services Advisors Inc, which manages about $52.09 billion and $14.46B US Long portfolio, decreased its stake in Ishares Tr (HDV) by 138,622 shares to 292,167 shares, valued at $24.29 million in 2017Q2, according to the filing. It also reduced its holding in Ishares Tr (IJJ) by 31,668 shares in the quarter, leaving it with 103,363 shares, and cut its stake in Spdr Series Trust (KRE).

More important recent MGP Ingredients, Inc. (NASDAQ:MGPI) news were published by: Nasdaq.com which released: “Granite Investment Partners, LLC Buys Marcus & Millichap Inc, MGP Ingredients …” on November 09, 2017, also Seekingalpha.com published article titled: “MGP Ingredients’ (MGPI) CEO Gus Griffin on Q3 2017 Results – Earnings Call …”, Seekingalpha.com published: “MGP Ingredients – Wait For The Call?” on October 26, 2017. More interesting news about MGP Ingredients, Inc. (NASDAQ:MGPI) was released by: Globenewswire.com and their article: “MGP Ingredients Schedules Third Quarter 2017 Conference Call/Webcast for …” with publication date: October 19, 2017.

MGP Ingredients, Inc. (NASDAQ:MGPI) Ratings Coverage

Among 3 analysts covering MGP Ingredients (NASDAQ:MGPI), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. MGP Ingredients had 3 analyst reports since May 25, 2016 according to SRatingsIntel. The rating was initiated by Sidoti with “Buy” on Wednesday, February 1. The rating was initiated by Craig Hallum on Wednesday, May 25 with “Buy”.

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