Creative Financial Designs Inc. ADV Has $1.54 Million Position in Alto Ingredients, Inc. (NASDAQ:ALTO)

Creative Financial Designs Inc. ADV lowered its position in shares of Alto Ingredients, Inc. (NASDAQ:ALTO) by 12.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 984,102 shares of the company’s stock after selling 141,450 shares during the quarter. Creative Financial Designs Inc. ADV’s holdings in Alto Ingredients were worth $1,535,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. Peapod Lane Capital LLC acquired a new position in Alto Ingredients during the 4th quarter worth approximately $1,465,000. The Manufacturers Life Insurance Company boosted its position in Alto Ingredients by 5.4% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 370,852 shares of the company’s stock worth $597,000 after acquiring an additional 19,104 shares during the last quarter. Jane Street Group LLC boosted its position in 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 during the last quarter. Empowered Funds LLC boosted its position in Alto Ingredients by 4.9% during the 4th quarter. Empowered Funds LLC now owns 253,926 shares of the company’s stock worth $396,000 after acquiring an additional 11,949 shares during the last quarter. Finally, GSA Capital Partners LLP boosted its position in Alto Ingredients by 100.5% during the 3rd quarter. GSA Capital Partners LLP now owns 247,676 shares of the company’s stock worth $399,000 after acquiring an additional 124,163 shares during the last quarter. Institutional investors and hedge funds own 42.44% of the company’s stock.

Wall Street Analyst Weigh In

Separately, HC Wainwright reaffirmed a “buy” rating and set a $5.50 price target on shares of Alto Ingredients in a research report on Thursday, March 6th.

Alto Ingredients Trading Up 3.8 %

NASDAQ ALTO opened at $1.37 on Tuesday. The company has a market cap of $105.01 million, a PE ratio of -2.63 and a beta of 1.73. 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 12 month low of $1.18 and a 12 month high of $2.40. The stock has a 50 day moving average of $1.60 and a 200-day moving average of $1.58.

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.