Cardinal Capital Management Llc Trimmed Mgp Ingredients Inc New (NASDAQ:MGPI) Position by $13.63 Million

May 17, 2018 - By Susanne Funderburg

During Q4 2017 the big money sentiment decreased to 0.65. That’s change of 0.67, from 2017Q3’s 1.32. 12 investors sold all, 53 reduced holdings as MGPI ratio turned negative. 24 increased stakes while 18 funds took stakes. Funds hold 15.66 million shares thus 4.48% less from 2017Q3’s 16.40 million shares. Aqr Capital Mgmt Ltd Liability Company holds 0% of its capital in MGP Ingredients, Inc. (NASDAQ:MGPI) for 54,409 shs. Manatuck Hill Ptnrs Limited Liability reported 7.73% stake. Walthausen Ltd Com has invested 1.09% in MGP Ingredients, Inc. (NASDAQ:MGPI). Diker Limited Company has invested 1.8% of its capital in MGP Ingredients, Inc. (NASDAQ:MGPI). Parallax Volatility Advisers L P has invested 0% in MGP Ingredients, Inc. (NASDAQ:MGPI). Legal & General Group Pcl invested in 3,131 shs or 0% of the stock. Moreover, Wells Fargo & Mn has 0% invested in MGP Ingredients, Inc. (NASDAQ:MGPI). Moreover, Tiaa Cref Mgmt has 0% invested in MGP Ingredients, Inc. (NASDAQ:MGPI) for 30,314 shs. Aperio Lc accumulated 4,510 shs. Atwood Palmer invested in 0.01% or 750 shs. Ameriprise Financial reported 0% stake. Acadian Asset Mgmt Ltd Com reported 3,539 shs or 0% of all its holdings. Credit Suisse Ag reported 14,612 shs. Blackrock Inc invested in 844,062 shs. Thrivent Fincl For Lutherans holds 0.17% or 649,700 shs.

MGPI had 9 sales and 1 buy since December 12, 2017. This’s net activity of $5.26 million. SCHALLER DARYL sold $1.60 million worth of MGP Ingredients, Inc. (NASDAQ:MGPI) or 20,000 shs on Friday, March 9. Another trade for 700 shs valued at $54,334 was sold by Buttshaw Michael Rodger. 1,000 shs valued at $76,330 were bought by Griffin Augustus C. on Tuesday, March 6. $97,876 worth of MGP Ingredients, Inc. (NASDAQ:MGPI) was sold by Glaser Stephen J. On Tuesday, March 6 DYKSTRA DAVID E sold $784,392 worth of MGP Ingredients, Inc. (NASDAQ:MGPI) or 10,000 shs.

According to 2018Q1 Securities and Exchange filling the Cardinal Capital Management Llc reduced its stake in Mgp Ingredients Inc New (NASDAQ:MGPI) by 35.42%. By selling 153,093 shares Cardinal Capital Management Llc made the stock Popped Up with 16.59%. The institutional investor is holding 279,184 shares, compared to the 432,277 from the previous quarter. And the announced value of the consumer non-durables company is $25.01 million for the 2018Q1. $1.46 billion is the MC of Mgp Ingredients Inc New. The stock increased 0.74% or $0.64 during the last trading session, touching $86.59.MGP Ingredients, Inc. has volume of 139,866 shares. Since May 17, 2017 MGPI has risen 61.96% and is uptrending. MGPI outperformed the S&P500 by 50.41%.

Cardinal Capital Management Llc operates about $1.96 billion and $2.69B US Long portfolio. It rose its stake in Interdigital Inc (NASDAQ:IDCC) by 352,816 shares to 690,168 shares, valued at $50.80 million in 2018Q1, according to the filing. For a total of 827,472 shares it increased its holding in Heritage Finl Corp Wash (NASDAQ:HFWA) by 539,225 shares in the quarter, and has risen its stake in Bgc Partners Inc (NASDAQ:BGCP).

Cardinal Capital Management Llc is a Connecticut-based institutional investor with more than $1.96 billion AUM in March, 2014. Taken from Cardinal Capital Management latest Adv, the fund reported to have 14 full and part-time employees. Among which 7 performing investment advisory and research functions. The institutional investor had between 26-100 clients.

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

In total 4 analysts cover MGP Ingredients (NASDAQ:MGPI). “Buy” rating has 3, “Sell” are 0, while 1 are “Hold”. (NASDAQ:MGPI) has 75% bullish analysts. 5 are the (NASDAQ:MGPI)’s ratings reports on May 17, 2018 according to StockzIntelligence Inc. On Thursday, March 1 the rating was maintained by SunTrust with “Buy”. On Wednesday, January 31 the rating was upgraded by Sidoti to “Buy”. On Monday, January 29 the stock of MGP Ingredients, Inc. (NASDAQ:MGPI) earned “Buy” rating by Craig Hallum. On Tuesday, March 6 the firm has “Hold” rating by Stifel Nicolaus given.

MGP Ingredients, Inc., together with its subsidiaries, produces and supplies distilled spirits, and specialty wheat proteins and starch food ingredients.The company has $1.46 billion market cap. The firm operates through two divisions, Distillery Products and Ingredient Solutions.The P/E ratio is 35.52. 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.

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

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