Ingredion Inc (INGR) : Cantab Capital Partners Llp reduced its stake in Ingredion Inc by 15.66% during the most recent quarter end. The investment management company now holds a total of 18,757 shares of Ingredion Inc which is valued at $2,550,202 after selling 3,484 shares in Ingredion Inc , the firm said in a disclosure report filed with the SEC on Aug 15, 2016.Ingredion Inc makes up approximately 0.59% of Cantab Capital Partners Llp’s portfolio.
Other Hedge Funds, Including , Two Sigma Investments Lp reduced its stake in INGR by selling 43,653 shares or 50.39% in the most recent quarter. The Hedge Fund company now holds 42,969 shares of INGR which is valued at $5,842,065. Ingredion Inc makes up approx 0.03% of Two Sigma Investments Lp’s portfolio. Airain Ltd sold out all of its stake in INGR during the most recent quarter. The investment firm sold 20,679 shares of INGR which is valued $2,795,180.Td Asset Management Inc boosted its stake in INGR in the latest quarter, The investment management firm added 27,063 additional shares and now holds a total of 30,746 shares of Ingredion Inc which is valued at $4,155,937. Ingredion Inc makes up approx 0.01% of Td Asset Management Inc’s portfolio.California State Teachers Retirement System reduced its stake in INGR by selling 1,993 shares or 1.28% in the most recent quarter. The Hedge Fund company now holds 153,146 shares of INGR which is valued at $20,469,494. Ingredion Inc makes up approx 0.04% of California State Teachers Retirement System’s portfolio.North Point Portfolio Managers Corpoh reduced its stake in INGR by selling 5,137 shares or 3.35% in the most recent quarter. The Hedge Fund company now holds 148,087 shares of INGR which is valued at $19,495,654. Ingredion Inc makes up approx 3.72% of North Point Portfolio Managers Corpoh’s portfolio.
Ingredion Inc opened for trading at $136.74 and hit $137.83 on the upside on Thursday, eventually ending the session at $137.23, with a gain of 0.20% or 0.27 points. The heightened volatility saw the trading volume jump to 3,48,542 shares. Company has a market cap of $9,906 M.
On the company’s financial health, Ingredion Inc reported $1.53 EPS for the quarter, missing the analyst consensus estimate by $ -0.12 based on the information available during the earnings call on Jul 28, 2016. Analyst had a consensus of $1.65.Analysts expectations of $ 1449.82.During the same quarter in the previous year, the company posted $1.53 EPS.
Ingredion Incorporated is a manufacturer and supplier of starch and sweetener ingredients to a range of industries including packaged food beverage brewing industrial pharmaceutical and personal care customers. The Company operates in four business segments: North America South America Asia Pacific and EMEA. North America segment consists of operations in the United States Canada and Mexico and produces a range of both sweeteners and starches. South America segment includes 11 plants that produce regular modified waxy and tapioca starches fructose and maltose syrups and syrup solids dextrins and maltodextrins dextrose specialty starches caramel color sorbitol and vegetable adhesives. Asia Pacific segment manufactures corn-based products in South Korea Australia and China and tapioca-based products in Thailand. EMEA segment includes five plants that produce modified and specialty starches glucose and dextrose in England Germany and Pakistan.