Raymond James Financial Services Advisors INC Continues to Hold Holding in Mgp Ingredients INC New (MGPI)

December 7, 2017 - By Vivian Park

Investors sentiment decreased to 0.93 in Q2 2017. Its down 0.35, from 1.28 in 2017Q1. It worsened, 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. Ameritas Prns has invested 0% in MGP Ingredients, Inc. (NASDAQ:MGPI). The California-based California Pub Employees Retirement has invested 0% in MGP Ingredients, Inc. (NASDAQ:MGPI). Goldman Sachs Inc stated it has 640,671 shares. 12,839 were accumulated by Advisors Asset Mngmt. Mackenzie Fin Corporation owns 15,900 shares or 0% of their US portfolio. Comml Bank Of Ny Mellon Corporation stated it has 126,390 shares or 0% of all its holdings. Great West Life Assurance Can has invested 0% in MGP Ingredients, Inc. (NASDAQ:MGPI). Massachusetts-based Wellington Mgmt Group Inc Inc Llp has invested 0% in MGP Ingredients, Inc. (NASDAQ:MGPI). 1,500 were reported by Creative Planning. Natl Bank Of America Corporation De holds 0% or 10,141 shares. Principal Gp holds 6,101 shares or 0% of its portfolio. 62,828 are owned by Schwab Charles Inv Mgmt. Timessquare Management Limited Com holds 1.23 million shares. Next Gp has invested 0% in MGP Ingredients, Inc. (NASDAQ:MGPI). Walthausen Ltd Llc accumulated 285,430 shares.

Since June 14, 2017, it had 1 insider buy, and 0 insider 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 4.49M shares of the consumer non-durables company at the end of 2017Q2, valued at $229.57 million, up from 4.39M 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 $1.24 billion 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 $14.46 billion US Long portfolio, decreased its stake in First Tr Exchange Traded Fd (FTSM) by 245,464 shares to 118,878 shares, valued at $7.13 million in 2017Q2, according to the filing. It also reduced its holding in Rydex Etf Trust (RPV) by 106,013 shares in the quarter, leaving it with 31,628 shares, and cut its stake in First Tr Nasdaq100 Tech Inde (QTEC).

More important recent MGP Ingredients, Inc. (NASDAQ:MGPI) news were published by: Globenewswire.com which released: “MGP Ingredients Schedules Third Quarter 2017 Conference Call/Webcast for …” on October 19, 2017, also Nasdaq.com published article titled: “Granite Investment Partners, LLC Buys Marcus & Millichap Inc, MGP Ingredients …”, Seekingalpha.com published: “MGP Ingredients’ (MGPI) CEO Gus Griffin on Q3 2017 Results – Earnings Call …” on November 02, 2017. More interesting news about MGP Ingredients, Inc. (NASDAQ:MGPI) was released by: Seekingalpha.com and their article: “MGP Ingredients – Wait For The Call?” with publication date: October 26, 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. Craig Hallum initiated MGP Ingredients, Inc. (NASDAQ:MGPI) on Wednesday, May 25 with “Buy” rating. Sidoti initiated MGP Ingredients, Inc. (NASDAQ:MGPI) on Wednesday, February 1 with “Buy” rating.

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