Edmond DE Rothschild Holding S.A. Lowers Holdings in Renewable Energy Group Inc (REGI)

Edmond DE Rothschild Holding S.A. decreased its stake in Renewable Energy Group Inc (NASDAQ:REGI) by 10.6% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 15,550 shares of the oil and gas company’s stock after selling 1,850 shares during the period. Edmond DE Rothschild Holding S.A.’s holdings in Renewable Energy Group were worth $400,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in the business. Federated Investors Inc. PA raised its position in Renewable Energy Group by 3.5% in the third quarter. Federated Investors Inc. PA now owns 11,528 shares of the oil and gas company’s stock worth $332,000 after acquiring an additional 389 shares during the period. IFP Advisors Inc raised its position in Renewable Energy Group by 193.9% in the fourth quarter. IFP Advisors Inc now owns 1,061 shares of the oil and gas company’s stock worth $27,000 after acquiring an additional 700 shares during the period. Cambridge Investment Research Advisors Inc. raised its position in Renewable Energy Group by 1.7% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 46,671 shares of the oil and gas company’s stock worth $1,199,000 after acquiring an additional 778 shares during the period. Texas Permanent School Fund raised its position in Renewable Energy Group by 4.1% in the fourth quarter. Texas Permanent School Fund now owns 24,409 shares of the oil and gas company’s stock worth $627,000 after acquiring an additional 965 shares during the period. Finally, Pearl River Capital LLC bought a new stake in Renewable Energy Group in the fourth quarter worth about $38,000.

REGI has been the topic of several research reports. BidaskClub lowered shares of Renewable Energy Group from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, February 12th. Zacks Investment Research raised shares of Renewable Energy Group from a “sell” rating to a “hold” rating in a research report on Wednesday, December 26th. Two analysts have rated the stock with a sell rating, two have assigned a buy rating and one has issued a strong buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $29.67.

REGI opened at $23.24 on Friday. The stock has a market capitalization of $866.83 million, a PE ratio of -11.39 and a beta of 0.95. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.58 and a quick ratio of 1.01. Renewable Energy Group Inc has a twelve month low of $11.70 and a twelve month high of $32.52.

In other Renewable Energy Group news, Director Peter John Martin Harding bought 5,000 shares of Renewable Energy Group stock in a transaction dated Monday, December 17th. The stock was purchased at an average price of $23.94 per share, for a total transaction of $119,700.00. Following the completion of the purchase, the director now directly owns 100,526 shares of the company’s stock, valued at $2,406,592.44. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Delbert Christensen bought 1,750 shares of Renewable Energy Group stock in a transaction dated Friday, March 8th. The stock was acquired at an average price of $23.01 per share, with a total value of $40,267.50. Following the purchase, the director now directly owns 76,191 shares of the company’s stock, valued at $1,753,154.91. The disclosure for this purchase can be found here. 1.97% of the stock is owned by company insiders.

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Renewable Energy Group Profile

Renewable Energy Group, Inc produces cleaner and lower carbon transportation fuels. The company utilizes an integrated production, distribution, and logistics system to convert natural fats, oils, and greases into advanced biofuels. It operates through Biomass-Based Diesel, Services, and Corporate and Other segments.

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Institutional Ownership by Quarter for Renewable Energy Group (NASDAQ:REGI)

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