Renewable Energy Group Inc (NASDAQ:REGI) Shares Bought by Perella Weinberg Partners Capital Management LP

Perella Weinberg Partners Capital Management LP lifted its position in Renewable Energy Group Inc (NASDAQ:REGI) by 300.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 85,435 shares of the oil and gas company’s stock after purchasing an additional 64,122 shares during the quarter. Perella Weinberg Partners Capital Management LP owned 0.23% of Renewable Energy Group worth $2,196,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Federated Investors Inc. PA grew its holdings in shares of Renewable Energy Group by 3.5% during the third quarter. Federated Investors Inc. PA now owns 11,528 shares of the oil and gas company’s stock worth $332,000 after purchasing an additional 389 shares during the last quarter. IFP Advisors Inc grew its holdings in Renewable Energy Group by 193.9% during the 4th 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 last quarter. Louisiana State Employees Retirement System raised its holdings in shares of Renewable Energy Group by 11.6% during the 3rd quarter. Louisiana State Employees Retirement System now owns 16,400 shares of the oil and gas company’s stock worth $472,000 after acquiring an additional 1,700 shares in the last quarter. Crossmark Global Holdings Inc. boosted its holdings in shares of Renewable Energy Group by 8.1% during the third quarter. Crossmark Global Holdings Inc. now owns 27,520 shares of the oil and gas company’s stock worth $793,000 after purchasing an additional 2,070 shares during the last quarter. Finally, Dynamic Technology Lab Private Ltd grew its stake in Renewable Energy Group by 16.3% during the third quarter. Dynamic Technology Lab Private Ltd now owns 18,584 shares of the oil and gas company’s stock worth $535,000 after buying an additional 2,599 shares during the last quarter.

NASDAQ REGI opened at $26.59 on Thursday. Renewable Energy Group Inc has a fifty-two week low of $10.55 and a fifty-two week high of $32.52. The firm has a market cap of $987.68 million, a price-to-earnings ratio of -13.03 and a beta of 1.06. The company has a current ratio of 1.56, a quick ratio of 1.11 and a debt-to-equity ratio of 0.04.

In related news, VP Eric Bowen sold 9,750 shares of the company’s stock in a transaction that occurred on Friday, November 16th. The shares were sold at an average price of $26.19, for a total transaction of $255,352.50. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Peter John Martin Harding acquired 5,000 shares of the business’s stock in a transaction dated Monday, December 17th. The stock was purchased at an average price of $23.94 per share, with a total value of $119,700.00. Following the acquisition, the director now owns 100,526 shares of the company’s stock, valued at $2,406,592.44. The disclosure for this purchase can be found here. 1.97% of the stock is owned by corporate insiders.

REGI has been the topic of several recent analyst reports. TheStreet raised shares of Renewable Energy Group from a “c+” rating to a “b” rating in a research note on Wednesday, November 14th. Roth Capital set a $35.00 target price on shares of Renewable Energy Group and gave the stock a “buy” rating in a research note on Wednesday, October 17th. BidaskClub lowered shares of Renewable Energy Group from a “strong-buy” rating to a “buy” rating in a research note on Tuesday. Finally, Zacks Investment Research upgraded shares of Renewable Energy Group from a “sell” rating to a “hold” rating in a research report on Wednesday, December 26th. One equities research analyst has rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $29.67.

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Renewable Energy Group Profile

Renewable Energy Group, Inc produces biomass-based diesel and biofuel and develops renewable chemicals. The company utilizes an integrated procurement, distribution, and logistics network to convert natural fats, oils, greases, and sugars into lower carbon intensity products. It operates through Biomass-Based Diesel, Services, Renewable Chemicals, and Corporate and Other segments.

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

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