Alto Ingredients, Inc. (NASDAQ:ALTO) Shares Bought by Barclays PLC

Barclays PLC grew its stake in Alto Ingredients, Inc. (NASDAQ:ALTO) by 123.9% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 76,703 shares of the company’s stock after buying an additional 42,450 shares during the quarter. Barclays PLC owned 0.10% of Alto Ingredients worth $123,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. The Manufacturers Life Insurance Company boosted its position in Alto Ingredients by 5.4% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 370,852 shares of the company’s stock worth $597,000 after purchasing an additional 19,104 shares in the last quarter. Jane Street Group LLC boosted its stake in shares of Alto Ingredients by 101.2% during the 3rd quarter. Jane Street Group LLC now owns 289,604 shares of the company’s stock worth $466,000 after acquiring an additional 145,687 shares in the last quarter. Renaissance Technologies LLC increased its position in shares of Alto Ingredients by 53.4% in the second quarter. Renaissance Technologies LLC now owns 1,677,121 shares of the company’s stock valued at $2,423,000 after buying an additional 583,967 shares in the last quarter. GSA Capital Partners LLP grew its stake in Alto Ingredients by 100.5% in the 3rd quarter. GSA Capital Partners LLP now owns 247,676 shares of the company’s stock valued at $399,000 after acquiring an additional 124,163 shares during the period. Finally, Empowered Funds LLC lifted its holdings in Alto Ingredients by 5.4% during the third quarter. Empowered Funds LLC now owns 241,977 shares of the company’s stock valued at $390,000 after purchasing an additional 12,328 shares in the last quarter. 42.44% of the stock is owned by institutional investors and hedge funds.

Alto Ingredients Stock Down 3.4 %

ALTO opened at $1.68 on Friday. The company has a quick ratio of 2.15, a current ratio of 3.22 and a debt-to-equity ratio of 0.32. Alto Ingredients, Inc. has a twelve month low of $1.18 and a twelve month high of $2.40. The company has a market cap of $128.77 million, a PE ratio of -3.23 and a beta of 1.87. The company has a 50-day moving average price of $1.56 and a 200 day moving average price of $1.56.

Alto Ingredients (NASDAQ:ALTO) last posted its quarterly earnings results on Wednesday, November 6th. The company reported ($0.04) earnings per share for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.06). Alto Ingredients had a negative return on equity of 11.22% and a negative net margin of 3.61%. The business had revenue of $251.81 million for the quarter, compared to analyst estimates of $274.94 million. During the same quarter in the previous year, the firm posted ($0.05) earnings per share. Sell-side analysts expect that Alto Ingredients, Inc. will post -0.37 earnings per share for the current fiscal year.

About Alto Ingredients

Alto Ingredients, Inc produces, distributes, and markets specialty alcohols, renewable fuel, and essential ingredients in the United States. The company operates in three segments: Marketing and Distribution, Pekin Campus Production, and Western Production. It offers specialty alcohols used in mouthwash, cosmetics, pharmaceuticals, hand sanitizers, disinfectants, and cleaners for health, home, and beauty markets; grain neutral spirits used in alcoholic beverages and vinegar, as well as corn germ used in corn oils in the food and beverage markets; alcohols and other products for paint applications and fertilizers in the industrial and agriculture markets; and essential ingredients include dried yeast, corn protein meal, corn protein feed, distiller's grains, and liquid feed for commercial animal feed and pet food applications, as well as yeast for human consumption.