381,254 Shares in Green Plains, Inc. $GPRE Acquired by Tudor Investment Corp ET AL

Tudor Investment Corp ET AL acquired a new stake in Green Plains, Inc. (NASDAQ:GPRE) in the 3rd quarter, according to its most recent disclosure with the SEC. The fund acquired 381,254 shares of the specialty chemicals company’s stock, valued at approximately $3,351,000. Tudor Investment Corp ET AL owned approximately 0.55% of Green Plains at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the stock. GAMMA Investing LLC raised its stake in Green Plains by 192.2% in the third quarter. GAMMA Investing LLC now owns 4,547 shares of the specialty chemicals company’s stock valued at $40,000 after purchasing an additional 2,991 shares in the last quarter. PNC Financial Services Group Inc. increased its holdings in Green Plains by 19.0% in the 2nd quarter. PNC Financial Services Group Inc. now owns 10,122 shares of the specialty chemicals company’s stock valued at $61,000 after buying an additional 1,619 shares during the period. WINTON GROUP Ltd acquired a new position in shares of Green Plains in the 2nd quarter valued at approximately $61,000. Quarry LP bought a new stake in shares of Green Plains during the 3rd quarter worth approximately $67,000. Finally, Quadrature Capital Ltd acquired a new stake in shares of Green Plains during the 2nd quarter worth approximately $75,000.

Green Plains Stock Performance

NASDAQ GPRE opened at $16.50 on Friday. The firm’s fifty day moving average price is $13.98 and its two-hundred day moving average price is $11.40. The stock has a market cap of $1.15 billion, a PE ratio of -8.73, a PEG ratio of 0.75 and a beta of 1.46. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.24 and a current ratio of 1.79. Green Plains, Inc. has a fifty-two week low of $3.14 and a fifty-two week high of $16.88.

Green Plains (NASDAQ:GPRE) last issued its earnings results on Thursday, February 5th. The specialty chemicals company reported $0.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.07 by $0.10. Green Plains had a negative return on equity of 8.70% and a negative net margin of 5.80%.The business had revenue of $428.85 million during the quarter, compared to analysts’ expectations of $536.56 million. During the same quarter in the prior year, the firm earned ($0.86) EPS. The business’s revenue for the quarter was down 26.6% compared to the same quarter last year. On average, equities analysts expect that Green Plains, Inc. will post -0.5 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have commented on GPRE. BMO Capital Markets boosted their price objective on shares of Green Plains from $14.00 to $15.00 and gave the company a “market perform” rating in a research report on Wednesday. UBS Group raised their target price on Green Plains from $7.00 to $12.00 and gave the company a “neutral” rating in a report on Tuesday, February 3rd. Oppenheimer boosted their price target on Green Plains from $14.00 to $16.00 and gave the stock an “outperform” rating in a report on Friday, February 6th. Stephens upgraded Green Plains from an “equal weight” rating to an “overweight” rating and upped their price objective for the stock from $10.00 to $17.00 in a research report on Monday, February 9th. Finally, Zacks Research raised Green Plains from a “strong sell” rating to a “hold” rating in a research note on Monday, March 9th. Three analysts have rated the stock with a Buy rating, four have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $13.29.

Green Plains Profile

Green Plains Inc is a leading producer of fuel-grade ethanol and related co-products in the United States. Headquartered in Omaha, Nebraska, the company operates an integrated network of biorefineries that convert corn and other grains into renewable fuels. Through its production facilities, Green Plains supplies ethanol to domestic fuel markets and export channels, supporting efforts to reduce greenhouse gas emissions and promote cleaner-burning transportation options.

Beyond ethanol, Green Plains manufactures a range of co-products that add value throughout the agricultural supply chain.