Innophos Holdings, Inc. (IPHS) Holdings Raised by GSA Capital Partners LLP

GSA Capital Partners LLP boosted its holdings in shares of Innophos Holdings, Inc. (NASDAQ:IPHS) by 131.1% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 19,492 shares of the specialty chemicals company’s stock after purchasing an additional 11,059 shares during the period. GSA Capital Partners LLP owned about 0.10% of Innophos worth $959,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Alps Advisors Inc. lifted its stake in Innophos by 0.3% during the second quarter. Alps Advisors Inc. now owns 9,141 shares of the specialty chemicals company’s stock worth $401,000 after purchasing an additional 24 shares during the last quarter. The Manufacturers Life Insurance Company lifted its stake in Innophos by 0.9% during the second quarter. The Manufacturers Life Insurance Company now owns 14,962 shares of the specialty chemicals company’s stock worth $656,000 after purchasing an additional 130 shares during the last quarter. Public Employees Retirement System of Ohio lifted its stake in Innophos by 5.9% during the second quarter. Public Employees Retirement System of Ohio now owns 2,824 shares of the specialty chemicals company’s stock worth $124,000 after purchasing an additional 157 shares during the last quarter. Municipal Employees Retirement System of Michigan lifted its stake in Innophos by 3.7% during the second quarter. Municipal Employees Retirement System of Michigan now owns 6,380 shares of the specialty chemicals company’s stock worth $279,000 after purchasing an additional 230 shares during the last quarter. Finally, Rhumbline Advisers lifted its stake in Innophos by 1.2% during the second quarter. Rhumbline Advisers now owns 39,776 shares of the specialty chemicals company’s stock worth $1,744,000 after purchasing an additional 456 shares during the last quarter. Hedge funds and other institutional investors own 94.46% of the company’s stock.

Several equities research analysts have weighed in on the company. BidaskClub cut Innophos from a “hold” rating to a “sell” rating in a research note on Tuesday, December 5th. Zacks Investment Research cut Innophos from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 4th. Finally, KeyCorp reiterated a “hold” rating on shares of Innophos in a report on Wednesday, November 1st.

Innophos Holdings, Inc. (NASDAQ IPHS) opened at $46.93 on Tuesday. The stock has a market cap of $916.49, a price-to-earnings ratio of 21.63 and a beta of 0.86. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.49 and a current ratio of 2.86. Innophos Holdings, Inc. has a 1-year low of $41.66 and a 1-year high of $58.22.

Innophos (NASDAQ:IPHS) last announced its quarterly earnings results on Tuesday, October 31st. The specialty chemicals company reported $0.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.72 by $0.06. The company had revenue of $184.00 million during the quarter, compared to the consensus estimate of $179.33 million. Innophos had a net margin of 6.19% and a return on equity of 13.90%. The company’s revenue for the quarter was down 1.1% compared to the same quarter last year. During the same period in the prior year, the business earned $0.69 earnings per share. research analysts predict that Innophos Holdings, Inc. will post 2.5 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 6th. Stockholders of record on Friday, November 17th were issued a dividend of $0.48 per share. The ex-dividend date of this dividend was Thursday, November 16th. This represents a $1.92 annualized dividend and a dividend yield of 4.09%. Innophos’s dividend payout ratio (DPR) is presently 88.48%.

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Innophos Company Profile

Innophos Holdings, Inc is a producer of nutritional specialty ingredients with applications in food, beverage, dietary supplements, pharmaceutical, oral care and industrial end markets. The Company also provides bioactive mineral and nutritional ingredients. The Company’s segments include Specialty Phosphates US & Canada, Specialty Phosphates Mexico, and Granular Triple Super Phosphate (GTSP) & Other.

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Institutional Ownership by Quarter for Innophos (NASDAQ:IPHS)

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