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MGP Ingredients (MGPI) News Today

$74.52
+0.36 (+0.49%)
(As of 06/14/2024 ET)
Southernsun Asset Management LLC Increases Stock Holdings in MGP Ingredients, Inc. (NASDAQ:MGPI)
Southernsun Asset Management LLC raised its position in MGP Ingredients, Inc. (NASDAQ:MGPI - Free Report) by 8.9% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 470,661 shares of the company's stock after acquiring an additional 38,404 shares during the
MGP Hires Executive Vice President of Operations
Scout Investments Inc. Makes New $6.48 Million Investment in MGP Ingredients, Inc. (NASDAQ:MGPI)
Scout Investments Inc. bought a new position in MGP Ingredients, Inc. (NASDAQ:MGPI - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 65,747 shares of the company's stock, valued at approximately $6,477,000. Scout Investme
MGP Ingredients (NASDAQ:MGPI) Reaches New 12-Month Low at $74.20
MGP Ingredients (NASDAQ:MGPI) Sets New 1-Year Low at $74.20
MGP Ingredients, Inc. (NASDAQ:MGPI) Shares Sold by Alberta Investment Management Corp
Alberta Investment Management Corp reduced its position in MGP Ingredients, Inc. (NASDAQ:MGPI - Free Report) by 61.2% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 7,028 shares of the company's stock after selling 11,064 shares during the period. Alberta Inves
Stephens Investment Management Group LLC Purchases 13,587 Shares of MGP Ingredients, Inc. (NASDAQ:MGPI)
Stephens Investment Management Group LLC increased its position in MGP Ingredients, Inc. (NASDAQ:MGPI - Free Report) by 1.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 888,850 shares of the company's stock after purchasing an addit
Dimensional Fund Advisors LP Grows Position in MGP Ingredients, Inc. (NASDAQ:MGPI)
Dimensional Fund Advisors LP lifted its position in shares of MGP Ingredients, Inc. (NASDAQ:MGPI - Free Report) by 2.6% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 698,346 shares of the company's stock after purchasing an additional 17,967 shares duri
MGP Ingredients (NASDAQ:MGPI) Hits New 12-Month Low After Insider Selling
MGP Ingredients (NASDAQ:MGPI) Hits New 52-Week Low After Insider Selling
MGP Ingredients, Inc. (NASDAQ:MGPI) Director Lori L.S. Mingus Sells 2,430 Shares
MGP Ingredients, Inc. (NASDAQ:MGPI - Get Free Report) Director Lori L.S. Mingus sold 2,430 shares of the company's stock in a transaction that occurred on Wednesday, May 22nd. The stock was sold at an average price of $78.88, for a total transaction of $191,678.40. Following the completion of the sale, the director now directly owns 47,287 shares of the company's stock, valued at $3,729,998.56. The sale was disclosed in a filing with the SEC, which is available at the SEC website.
MGP Hires Vice President of Investor Relations
MGP Ingredients, Inc. (NASDAQ:MGPI) Director Sells $830,000.00 in Stock
MGP Ingredients, Inc. (NASDAQ:MGPI - Get Free Report) Director Donn S. Lux sold 10,000 shares of MGP Ingredients stock in a transaction dated Friday, May 10th. The stock was sold at an average price of $83.00, for a total value of $830,000.00. Following the sale, the director now directly owns 2,695,264 shares of the company's stock, valued at approximately $223,706,912. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
MGP Names New Distilling Solutions Vice President
MGP Ingredients (NASDAQ:MGPI) Issues Quarterly Earnings Results
MGP Ingredients (NASDAQ:MGPI - Get Free Report) issued its quarterly earnings results on Thursday. The company reported $1.07 earnings per share for the quarter, beating analysts' consensus estimates of $1.00 by $0.07. MGP Ingredients had a return on equity of 16.03% and a net margin of 12.72%. The business had revenue of $170.56 million during the quarter, compared to the consensus estimate of $170.31 million. During the same period in the previous year, the business earned $1.39 EPS. The business's quarterly revenue was down 15.1% on a year-over-year basis.
MGP Ingredients, Inc. Declares Quarterly Dividend of $0.12 (NASDAQ:MGPI)
MGP Ingredients, Inc. (NASDAQ:MGPI) declared a quarterly dividend on Thursday, May 2nd. Stockholders of record on Friday, May 17th will be paid a dividend of 0.12 per share on Friday, May 31st. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.60%. The ex-dividend date of this dividend is Thursday, May 16th.
MGP Ingredients (NASDAQ:MGPI) Given New $92.00 Price Target at Roth Mkm
Roth Mkm reduced their price objective on MGP Ingredients from $95.00 to $92.00 and set a "buy" rating on the stock in a research note on Friday.
MGP Ingredients (NASDAQ:MGPI) Issues FY 2024 Earnings Guidance
MGP Ingredients (NASDAQ:MGPI) updated its FY 2024 earnings guidance. The company provided EPS guidance of 6.120-6.230 for the period, compared to the consensus estimate of 6.160. The company also issued revenue guidance of $742.0 millionillion-$756.0 millionillion, compared to the consensus estimate of $754.6 millionillion.
Q1 2024 MGP Ingredients Inc Earnings Call
Why MGP Ingredients (MGPI) Stock Is Up Today
MGP Ingredients (NASDAQ:MGPI) Issues FY24 Earnings Guidance
MGP Ingredients (NASDAQ:MGPI) updated its FY24 earnings guidance. The company provided EPS guidance of $6.12-6.23 for the period, compared to the consensus estimate of $6.16. The company also issued revenue guidance of $742-756 millionillion, compared to the consensus estimate of $754.65 millionillion.
MGP Ingredients Declares $0.12 Quarterly Dividend
MGP Ingredients (NASDAQ:MGPI) Earns Outperform Rating from Wedbush
Wedbush reissued an "outperform" rating and set a $120.00 price objective on shares of MGP Ingredients in a report on Monday.
MGP Ingredients (NASDAQ:MGPI) Downgraded by StockNews.com
StockNews.com cut MGP Ingredients from a "hold" rating to a "sell" rating in a research report on Friday.
MGP Ingredients (NASDAQ:MGPI) Price Target Cut to $95.00
Roth Mkm lowered their price target on shares of MGP Ingredients from $100.00 to $95.00 and set a "buy" rating on the stock in a report on Thursday.
Kornitzer Capital Management Inc. KS Boosts Stock Position in MGP Ingredients, Inc. (NASDAQ:MGPI)
Kornitzer Capital Management Inc. KS lifted its position in shares of MGP Ingredients, Inc. (NASDAQ:MGPI - Free Report) by 7.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 173,280 shares of the company's s
Allspring Global Investments Holdings LLC Sells 35,013 Shares of MGP Ingredients, Inc. (NASDAQ:MGPI)
Allspring Global Investments Holdings LLC cut its stake in MGP Ingredients, Inc. (NASDAQ:MGPI - Free Report) by 28.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 86,871 shares of the company's stock after selling
Wells Fargo Reaffirms Their Buy Rating on MGP Ingredients (MGPI)
Wedbush Reaffirms Outperform Rating for MGP Ingredients (NASDAQ:MGPI)
Wedbush reissued an "outperform" rating and set a $120.00 price objective on shares of MGP Ingredients in a report on Wednesday.
Vanguard Group Inc. Decreases Stake in MGP Ingredients, Inc. (NASDAQ:MGPI)
Vanguard Group Inc. lessened its holdings in MGP Ingredients, Inc. (NASDAQ:MGPI - Free Report) by 3.5% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,094,484 shares of the company's stock after selling 39,717 shares
MGP Ingredients, Inc. (NASDAQ:MGPI) Shares Sold by Redwood Investments LLC
Redwood Investments LLC cut its holdings in MGP Ingredients, Inc. (NASDAQ:MGPI - Free Report) by 83.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,340 shares of the com
20 Most Underrated Bourbons on the Market
Wedbush Keeps Their Buy Rating on MGP Ingredients (MGPI)

MGPI Media Mentions By Week

MGPI Media Sentiment

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MGPI
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MGPI News Coverage

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This page (NASDAQ:MGPI) was last updated on 6/15/2024 by MarketBeat.com Staff

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