Media headlines about Ingredion (NYSE:INGR) have trended somewhat positive on Sunday, according to Accern Sentiment Analysis. The research group rates the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Ingredion earned a daily sentiment score of 0.15 on Accern’s scale. Accern also assigned news stories about the company an impact score of 46.2494164987528 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

These are some of the news stories that may have effected Accern Sentiment Analysis’s scoring:

A number of equities research analysts have recently weighed in on the stock. BidaskClub lowered shares of Ingredion from a “hold” rating to a “sell” rating in a report on Friday. Zacks Investment Research upgraded shares of Ingredion from a “hold” rating to a “buy” rating and set a $135.00 price target on the stock in a research note on Thursday. Finally, BMO Capital Markets reiterated a “hold” rating and set a $125.00 price target on shares of Ingredion in a research note on Tuesday, June 27th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $140.00.

Shares of Ingredion (NYSE INGR) opened at 119.84 on Friday. The company’s 50-day moving average is $123.42 and its 200 day moving average is $120.33. Ingredion has a 52 week low of $113.07 and a 52 week high of $137.62. The firm has a market capitalization of $8.60 billion, a price-to-earnings ratio of 18.02 and a beta of 0.60.

Ingredion (NYSE:INGR) last posted its quarterly earnings data on Tuesday, August 1st. The company reported $1.89 EPS for the quarter, beating the Zacks’ consensus estimate of $1.86 by $0.03. Ingredion had a net margin of 8.35% and a return on equity of 20.84%. The firm had revenue of $1.46 billion for the quarter, compared to the consensus estimate of $1.50 billion. During the same period in the prior year, the firm posted $1.53 EPS. The firm’s revenue was up .1% compared to the same quarter last year. Analysts anticipate that Ingredion will post $7.60 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 25th. Shareholders of record on Monday, October 2nd will be paid a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 2.00%. This is an increase from Ingredion’s previous quarterly dividend of $0.50. The ex-dividend date is Friday, September 29th. Ingredion’s dividend payout ratio is 30.08%.

In other Ingredion news, VP James P. Zallie sold 21,862 shares of the stock in a transaction on Wednesday, September 13th. The shares were sold at an average price of $125.04, for a total transaction of $2,733,624.48. Following the transaction, the vice president now directly owns 29,306 shares in the company, valued at approximately $3,664,422.24. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP James P. Zallie sold 27,972 shares of the stock in a transaction on Monday, September 18th. The shares were sold at an average price of $125.39, for a total transaction of $3,507,409.08. Following the transaction, the vice president now owns 29,429 shares in the company, valued at $3,690,102.31. The disclosure for this sale can be found here. Insiders have sold a total of 52,882 shares of company stock worth $6,622,034 over the last quarter. 1.92% of the stock is currently owned by insiders.

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About Ingredion

Ingredion Incorporated is an ingredients solutions provider. The Company manufactures and sells sweetener, starches, nutrition ingredients and biomaterial solutions derived from the wet milling and processing of corn and other starch-based materials to a range of industries, both domestically and internationally.

Insider Buying and Selling by Quarter for Ingredion (NYSE:INGR)

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