Mutual of America Capital Management LLC Decreases Holdings in Ingredion Incorporated
August 11, 2023
🌥️Trending News
Mutual of America Capital Management LLC has recently announced a surprising decrease in its holdings of Ingredion Incorporated ($NYSE:INGR). Ingredion Incorporated is a leading global provider of ingredient solutions to diversified industries. The company specializes in the production of sweeteners, starches, nutrition ingredients, and biomaterials that are used in various industries, including food, beverage, paper and corrugating, brewing, and pharmaceuticals. Ingredion Incorporated is listed on the New York Stock Exchange and is headquartered in Illinois, USA.
Despite this, the stock price of Ingredion Incorporated remains relatively unchanged since the announcement. This could be an indication that investors remain confident in the company’s ability to continue to provide quality products and services in the future.
Share Price
On Friday, INGREDION INCORPORATED stock opened at $111.3 and closed at $109.5, down by 1.2% from last closing price of 110.9. The company is currently undertaking various cost reduction measures in order to remain profitable during this difficult time. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Ingredion Incorporated. More…
| Total Revenues | Net Income | Net Margin |
| 8.22k | 574 | 7.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Ingredion Incorporated. More…
| Operations | Investing | Financing |
| 435 | -344 | -139 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Ingredion Incorporated. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 7.6k | 4.12k | 51.72 |
Key Ratios Snapshot
Some of the financial key ratios for Ingredion Incorporated are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 11.0% | 9.6% | 10.7% |
| FCF Margin | ROE | ROA |
| 1.5% | 16.4% | 7.3% |
Analysis
GoodWhale recently conducted an analysis of INGREDION INCORPORATED‘s wellbeing. After thorough examination of the company’s financials, we have determined that overall INGREDION INCORPORATED is a medium risk investment when looking at its financial and business aspects. We identified three risk warnings that appear in its income sheet, balance sheet, and cash flow statement. To get more insight into these findings, head on over to goodwhale.com and register to check it out. With GoodWhale, you can rest assured that your investments are in safe hands. More…
Peers
The competition between Ingredion Inc and its competitors, Procter & Gamble Co, Nestle SA, and Edita Food Industries S.A.E., is fierce as each company strives to be the leader in the global food and beverage industry. From product innovation and marketing to pricing and distribution, each company is looking for the edge that will give them the upper hand in the competitive landscape.
– Procter & Gamble Co ($NYSE:PG)
Procter & Gamble Co is a multinational consumer goods giant, headquartered in Cincinnati, Ohio. The company manufactures a wide range of household products, from laundry detergents to toothpaste. As of 2022, the company has a market capitalization of 362.18B and a Return on Equity of 25.38%. The company’s size and profitability are demonstrative of its success in the consumer goods industry. With a large market cap and high return on equity, Procter & Gamble Co has established itself as an industry leader.
– Nestle SA ($LTS:0QR4)
Nestle SA is one of the world’s largest food and beverage companies, serving consumers in over 190 countries. Its market cap of 305.36B as of 2022 is a testament to its success and industry leadership. The company’s return on equity (ROE) of 14.82% is also impressive, indicating that the company is efficiently utilizing the capital it has available to generate profit and create value for its shareholders. This impressive market cap and ROE are indicative of the strength of Nestle SA’s business model and its ability to remain competitive in an ever-changing industry.
– Edita Food Industries S.A.E ($LSE:66XD)
Edita Food Industries S.A.E. is a leading food manufacturing and distribution company based in Egypt. The company has a market capitalization of 371.8 million as of 2022 and has achieved a return on equity of 33.89%. This indicates that the company is financially healthy and is able to generate returns on its investments. Edita produces and markets a wide range of baked goods, snacks and confectionery products, including cakes, pastries, rusks and biscuits, in addition to providing products for specialty markets. It also provides ready-made meals, frozen fruits and vegetables, and frozen ready-meals for catering services. The company is well-positioned to benefit from the growing demand for convenience food products in Egypt and across the region.
Summary
Investors in Ingredion Incorporated should take note of the recent holdings decrease revealed by Mutual of America Capital Management LLC. Analysts have suggested that this could be a sign of decreased confidence in the company’s performance. This could be due to a declining demand for products, or a change in the company’s financial situation.
It is important to take into account the latest developments when conducting an investing analysis on Ingredion Incorporated. Furthermore, investors should evaluate the company’s financials, competitive landscape, and current trends in the industry to determine if Ingredion Incorporated is a wise investment.
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