Empowered Funds LLC Has $396,000 Stock Holdings in Alto Ingredients, Inc. (NASDAQ:ALTO)

Empowered Funds LLC increased its holdings in Alto Ingredients, Inc. (NASDAQ:ALTO) by 4.9% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 253,926 shares of the company’s stock after purchasing an additional 11,949 shares during the period. Empowered Funds LLC owned approximately 0.33% of Alto Ingredients worth $396,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. The Manufacturers Life Insurance Company increased its holdings in shares of Alto Ingredients by 5.4% during the third quarter. The Manufacturers Life Insurance Company now owns 370,852 shares of the company’s stock worth $597,000 after buying an additional 19,104 shares in the last quarter. Jane Street Group LLC increased its holdings in shares of Alto Ingredients by 101.2% during the third quarter. Jane Street Group LLC now owns 289,604 shares of the company’s stock worth $466,000 after buying an additional 145,687 shares in the last quarter. Barclays PLC increased its holdings in shares of Alto Ingredients by 123.9% during the third quarter. Barclays PLC now owns 76,703 shares of the company’s stock worth $123,000 after buying an additional 42,450 shares in the last quarter. GSA Capital Partners LLP increased its holdings in shares of Alto Ingredients by 100.5% during the third quarter. GSA Capital Partners LLP now owns 247,676 shares of the company’s stock worth $399,000 after buying an additional 124,163 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. increased its holdings in shares of Alto Ingredients by 137.7% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 58,788 shares of the company’s stock worth $95,000 after buying an additional 34,061 shares in the last quarter. Institutional investors and hedge funds own 42.44% of the company’s stock.

Alto Ingredients Stock Performance

NASDAQ ALTO opened at $1.65 on Thursday. The firm has a market cap of $126.47 million, a price-to-earnings ratio of -3.17 and a beta of 1.86. The company has a 50 day moving average of $1.62 and a 200-day moving average of $1.56. The company has a current ratio of 3.22, a quick ratio of 2.15 and a debt-to-equity ratio of 0.32. Alto Ingredients, Inc. has a 1-year low of $1.18 and a 1-year high of $2.40.

Alto Ingredients Profile

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.