Universal Beteiligungs und Servicegesellschaft mbH Has $8.52 Million Holdings in Ingredion Incorporated $INGR

Universal Beteiligungs und Servicegesellschaft mbH decreased its holdings in Ingredion Incorporated (NYSE:INGR) by 23.7% during the 4th quarter, Holdings Channel.com reports. The fund owned 77,205 shares of the company’s stock after selling 23,936 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Ingredion were worth $8,516,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in INGR. Massachusetts Financial Services Co. MA raised its holdings in shares of Ingredion by 2.2% in the third quarter. Massachusetts Financial Services Co. MA now owns 1,369,448 shares of the company’s stock valued at $167,223,000 after purchasing an additional 29,433 shares during the last quarter. Dover Advisors LLC purchased a new position in Ingredion during the third quarter worth about $1,710,000. Oxbow Advisors LLC purchased a new position in Ingredion during the third quarter worth about $2,784,000. Cooke & Bieler LP grew its position in Ingredion by 16.0% in the 3rd quarter. Cooke & Bieler LP now owns 903,346 shares of the company’s stock worth $110,308,000 after purchasing an additional 124,517 shares in the last quarter. Finally, Algert Global LLC grew its position in Ingredion by 75.7% in the 3rd quarter. Algert Global LLC now owns 105,598 shares of the company’s stock worth $12,895,000 after purchasing an additional 45,510 shares in the last quarter. Institutional investors and hedge funds own 85.27% of the company’s stock.

Insider Activity at Ingredion

In other Ingredion news, SVP Larry Fernandes sold 3,630 shares of the stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $118.40, for a total transaction of $429,792.00. Following the sale, the senior vice president owned 32,055 shares in the company, valued at $3,795,312. This represents a 10.17% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO James P. Zallie sold 33,597 shares of the firm’s stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $119.66, for a total value of $4,020,217.02. Following the completion of the transaction, the chief executive officer directly owned 50,167 shares of the company’s stock, valued at $6,002,983.22. The trade was a 40.11% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 48,686 shares of company stock worth $5,784,010. Corporate insiders own 1.60% of the company’s stock.

Ingredion Trading Down 0.0%

Shares of Ingredion stock opened at $112.65 on Monday. The stock has a market capitalization of $7.10 billion, a P/E ratio of 10.09, a P/E/G ratio of 0.90 and a beta of 0.70. Ingredion Incorporated has a 52-week low of $102.31 and a 52-week high of $141.78. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.73 and a current ratio of 2.66. The stock’s 50-day simple moving average is $113.65 and its 200 day simple moving average is $113.39.

Ingredion (NYSE:INGR) last issued its earnings results on Tuesday, February 3rd. The company reported $2.53 earnings per share for the quarter, missing analysts’ consensus estimates of $2.59 by ($0.06). The business had revenue of $1.76 billion for the quarter, compared to the consensus estimate of $1.78 billion. Ingredion had a return on equity of 17.32% and a net margin of 10.10%.Ingredion’s revenue for the quarter was down 2.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.63 EPS. Ingredion has set its FY 2026 guidance at 11.000-11.8 EPS. As a group, research analysts anticipate that Ingredion Incorporated will post 11.38 EPS for the current year.

Ingredion Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 21st. Investors of record on Wednesday, April 1st were issued a $0.82 dividend. The ex-dividend date of this dividend was Wednesday, April 1st. This represents a $3.28 annualized dividend and a yield of 2.9%. Ingredion’s dividend payout ratio (DPR) is 29.39%.

Analyst Upgrades and Downgrades

INGR has been the topic of several recent analyst reports. Benchmark started coverage on shares of Ingredion in a research report on Tuesday, March 17th. They set a “buy” rating and a $130.00 target price on the stock. Wall Street Zen lowered Ingredion from a “buy” rating to a “hold” rating in a report on Saturday, January 31st. Oppenheimer decreased their price target on Ingredion from $130.00 to $126.00 and set an “outperform” rating for the company in a research report on Wednesday, April 22nd. BMO Capital Markets reiterated a “market perform” rating on shares of Ingredion in a report on Wednesday, February 4th. Finally, UBS Group reduced their price objective on Ingredion from $124.00 to $122.00 and set a “neutral” rating for the company in a research note on Thursday, April 9th. Two investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $124.71.

Ingredion Company Profile

Ingredion Incorporated is a global ingredient solutions company specializing in the production and sale of starches, sweeteners, nutrition ingredients and biomaterials derived primarily from corn and other plant-based raw materials. The company serves a diverse set of industries, including food and beverage, brewing, pharmaceuticals and personal care, providing functional ingredients that enhance texture, stability, flavor and nutritional value in a wide array of end products.

The company’s product portfolio comprises native and modified starches, high-fructose corn syrup, dextrose, maltodextrins, specialty sweeteners and various texturizers.