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Benson Hill, Inc. receives a $1.14 million investment from Allspring Global Investments Holdings LLC (NYSE:BHIL)

Allspring Global Investments Holdings LLC made a new investment in Benson Hill, Inc. (NYSE: BHIL), as stated in the most recent filing the company has made with the Securities and Exchange Commission. This filing was made during the third quarter. The most recent quarterly report of the company was consulted to obtain this information (SEC). The company shelled out approximately $1,143.00 to purchase 417,322 of its shares of stock, which resulted in a total spending of approximately $1,143.00. Allspring Global Investments Holdings LLC was owned in the neighborhood of 0.20 percent of Benson Hill at the end of the most recent fiscal quarter.

Several other institutional investors and hedge funds have changed their positions in BHIL over the most recent few months. During the second quarter, State Street Corporation accomplished a 690.7% increase in the proportion of Benson Hill owned by it. Following the acquisition of an additional 3,133,270 shares during the most recent quarter, State Street Corp. now holds a total of 3,586,885 shares of the company, which have a value of $9,828,000. Alyeska Investment Group L.P. made a new investment in Benson Hill stock with a value of approximately $7,429,000 during the first three months of 2018. Apollo Management Holdings L.P. paid approximately $5,206,000 to acquire a new interest in Benson Hill during the year’s second quarter. In the second quarter, Northern Trust Corporation’s Benson Hill holdings increased by 507.1 percent from the previous quarter’s levels. Northern Trust Corp. now has a total ownership stake in the company equal to 1,418,629 shares worth $3,887,000 after purchasing an additional 1,184,963 shares of the company during the most recent period. This purchase brought the total number of shares the company owns to 1,418,963.

In conclusion, the Caisse de Depot et Placement du Québec increased the proportion of Benson Hill owned by 15.9 percentage points over the first three months of the year. Caisse de Depot et Placement du Québec now has a total of 5,103,979 shares of the company’s stock, which are currently valued at $16,486,000 after the purchase of an additional 700,000 shares during the period in question. Institutional investors and hedge funds collectively own 34.35% of the total number of shares issued by the company.

On December 14th, Benson Hill CEO Matthew B. Crisp made a purchase that involved 20,000 shares of the company’s stock. This is just one of the recent events involving Benson Hill. The total cost of purchasing the shares was $50,800.00, an average of $2.54 per share. The price was determined by multiplying the total cost by 100. Following the completion of the transaction, the CEO now owns 3,132,581 company shares, the total value of which is 7,956,755.74 dollars. Clicking on the link provided in the previous sentence will take you to a page where you can read the legal documents sent to the Securities and Exchange Commission regarding the transaction. On December 12th, Chief Financial Officer Dean P. Freeman purchased 59,230 shares of company stock. This is another development that is connected to the previous one. The cost of purchasing all the shares came to a total of $149,000.51.90, which works out to a price of $2.53 per share on average. Because of the acquisition, the chief financial officer now owns 109,230 shares. These shares have a value of approximately $276,351.90 each. You can obtain additional information regarding the acquisition by clicking on the link provided, which will take you to a legal file that has been presented to the SEC. In addition, on December 14th, Matthew B. Crisp, the company’s Chief Executive Officer, purchased an additional 20,000 shares of the company’s stock. It costs $2.54 for each share, bringing the total amount paid for all the shares to an average of $50,800.00.

As a consequence of the acquisition, the Chief Executive Officer now owns 3,132,581 shares of the company, which are worth $7,956,755.74 in total. You should look in this location if you are looking for the disclosure that pertains to this transaction. Insiders of the company have amassed a total investment of $435,874 through the purchase of 149,572 shares of stock over the past three and a half months and a half. The current percentage of the company’s stock held by company insiders is 3.30 percent.

BHIL began trading at $2.36 on Friday. The company’s market capitalization is currently sitting at $485.36 million, its price-to-earnings ratio is -3.23, and its beta is 1.51. The debt-to-equity ratio is 0.44, the current ratio is 4.54, and the quick ratio is 3.86. These figures are presented in the following table: Benson Hill, Inc. has experienced a price range over the past year from a low of $2.16 to a high of $5.85. The company’s 50-day and 200-day simple moving averages are both $2.65, and the simple moving average over the past year is $2.92.

Benson Hill (NYSE: BHIL) divulged the most recent quarterly profits for the company on November 10th, announcing it to the public. The quarterly earnings per share of the company came in at $0.16, which was $0.08 more than the average prediction of $0.24. The market had predicted that the company would bring in $83.08 million in revenue for the quarter, but the company instead reported bringing in $130.18 million. This result is a significant improvement. The return on equity for Benson Hill was negative by a margin of 33.72%, and the company’s net margin was also negative by 30.90%. According to projections made by equity analysts, the current financial year is expected to end with a loss of $0.42 per share for Benson Hill, Inc.

There have been several experts in the field of equity research who have provided their perspectives on the BHIL stock. UBS Group released a research note on Friday, September 30th, announcing that it would begin providing coverage for Benson Hill shares. They suggested investing in the company’s stock and established a price objective of $5.00 per share. The investment firm Lake Street Capital published a report on Tuesday, October 4th, announcing that it had begun coverage of Benson Hill shares. They recommended that the company “buy” the stock and establish a price objective of $7.00. While one equity research expert has suggested that investors maintain their current stock holdings, the other four have rated the stock as a buy and encouraged investors to do so. According to Bloomberg, the average current recommendation for the stock is a “Moderate Buy,” and the price objective has been established at $6.40.

Benson Hill Inc., a company specializing in food technology, and its subsidiaries and affiliates, are researching the genetic diversity of plants. The company is funding this research. This list is divided into two categories, which are as follows: Ingredients and Fresh CropOS is a technology platform that combines artificial intelligence, analytics, and a wide range of cutting-edge breeding methods to produce plants that are optimized for use in a variety of food, ingredient, and feed applications. Syngenta, a global leader in plant breeding technology, developed crops.

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