Ingredion (INGR) Analysts See $1.74 EPS; Herzfeld Caribbean Basin Fund (CUBA) Sentiment Is 6.5

January 15, 2018 - By Vivian Park

The stock increased 0.96% or $0.07 during the last trading session, reaching $7.39. About 28,612 shares traded or 34.73% up from the average. The Herzfeld Caribbean Basin Fund Inc. (CUBA) has risen 11.48% since January 15, 2017 and is uptrending. It has underperformed by 5.22% the S&P500.

Analysts expect Ingredion Incorporated (NYSE:INGR) to report $1.74 EPS on February, 1.They anticipate $0.07 EPS change or 4.19% from last quarter’s $1.67 EPS. INGR’s profit would be $125.05M giving it 19.53 P/E if the $1.74 EPS is correct. After having $2.21 EPS previously, Ingredion Incorporated’s analysts see -21.27% EPS growth. The stock decreased 1.46% or $2.02 during the last trading session, reaching $135.96. About 379,426 shares traded. Ingredion Incorporated (NYSE:INGR) has declined 2.30% since January 15, 2017 and is downtrending. It has underperformed by 19.00% the S&P500.

Since January 1, 0001, it had 2 buys, and 0 insider sales for $169,131 activity.

Thomas J. Herzfeld Advisors Inc. holds 3.35% of its portfolio in The Herzfeld Caribbean Basin Fund Inc. for 1.05 million shares. Shaker Financial Services Llc owns 105,296 shares or 0.4% of their US portfolio. Moreover, Blue Bell Private Wealth Management Llc has 0.29% invested in the company for 82,835 shares. The United Kingdom-based City Of London Investment Management Co Ltd has invested 0.16% in the stock. Bulldog Investors Llc, a New Jersey-based fund reported 69,940 shares.

Ingredion Incorporated, together with its subsidiaries, produces and sells starches and sweeteners for various industries. The company has market cap of $9.77 billion. The firm operates through four divisions: North America, South America, Asia Pacific and Europe, and Middle East and Africa. It has a 19.49 P/E ratio. It offers sweetener products comprising glucose syrups, high maltose syrups, high fructose corn syrups, caramel colors, dextrose, polyols, maltodextrins and glucose, and syrup solids, as well as food-grade and industrial starches, and biomaterials.

Investors sentiment increased to 1.05 in 2017 Q3. Its up 0.10, from 0.95 in 2017Q2. It increased, as 39 investors sold Ingredion Incorporated shares while 134 reduced holdings. 50 funds opened positions while 131 raised stakes. 59.50 million shares or 0.23% more from 59.36 million shares in 2017Q2 were reported. Bb&T Corporation reported 45,396 shares. Bridgewater Associates Limited Partnership reported 4,830 shares. Creative Planning has invested 0% in Ingredion Incorporated (NYSE:INGR). Glenmede Na, a Pennsylvania-based fund reported 53,028 shares. Bartlett Ltd Liability holds 2,276 shares or 0.01% of its portfolio. Chevy Chase Trust Hldgs holds 2,485 shares or 0% of its portfolio. Pinnacle Assoc Ltd holds 0.02% or 9,656 shares. Brown Advisory, a Maryland-based fund reported 1,698 shares. Welch & Forbes Lc, Massachusetts-based fund reported 3,375 shares. 11,095 are owned by James Rech. Moreover, Zacks Inv has 0.04% invested in Ingredion Incorporated (NYSE:INGR) for 13,652 shares. Silvercrest Asset Mgmt Group Ltd Limited Liability Company has 351,289 shares. Highbridge Capital Management Limited Com, New York-based fund reported 3,919 shares. Gabelli Funds Lc has invested 0.1% in Ingredion Incorporated (NYSE:INGR). Segall Bryant Hamill Limited Liability Co stated it has 0.02% in Ingredion Incorporated (NYSE:INGR).

Among 7 analysts covering Ingredion Inc (NYSE:INGR), 4 have Buy rating, 1 Sell and 2 Hold. Therefore 57% are positive. Ingredion Inc had 22 analyst reports since August 3, 2015 according to SRatingsIntel. Citigroup maintained Ingredion Incorporated (NYSE:INGR) on Wednesday, June 15 with “Buy” rating. Stephens upgraded the stock to “Overweight” rating in Friday, January 29 report. The firm earned “Buy” rating on Friday, October 27 by Jefferies. The firm has “Buy” rating by Credit Suisse given on Thursday, November 2. As per Monday, June 26, the company rating was maintained by BMO Capital Markets. The stock of Ingredion Incorporated (NYSE:INGR) earned “Hold” rating by BMO Capital Markets on Wednesday, August 2. The rating was upgraded by Stephens on Wednesday, November 15 to “Overweight”. The company was maintained on Wednesday, January 10 by Credit Suisse. The stock has “Buy” rating by Jefferies on Friday, May 26. The company was maintained on Thursday, April 13 by BMO Capital Markets.

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