Kailix Advisors LLC Has $10.16 Million Holdings in Green Plains, Inc. $GPRE

Kailix Advisors LLC boosted its stake in Green Plains, Inc. (NASDAQ:GPRE) by 41.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,155,323 shares of the specialty chemicals company’s stock after acquiring an additional 338,000 shares during the period. Green Plains accounts for 13.8% of Kailix Advisors LLC’s investment portfolio, making the stock its 4th largest holding. Kailix Advisors LLC’s holdings in Green Plains were worth $10,155,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently added to or reduced their stakes in the company. AlphaQuest LLC lifted its position in shares of Green Plains by 174.9% in the 3rd quarter. AlphaQuest LLC now owns 24,688 shares of the specialty chemicals company’s stock worth $217,000 after purchasing an additional 15,707 shares during the period. Y Intercept Hong Kong Ltd bought a new position in Green Plains during the third quarter worth $936,000. CWM LLC lifted its holdings in Green Plains by 15.6% in the third quarter. CWM LLC now owns 15,435 shares of the specialty chemicals company’s stock valued at $136,000 after buying an additional 2,083 shares during the period. GAMMA Investing LLC boosted its position in Green Plains by 192.2% during the third quarter. GAMMA Investing LLC now owns 4,547 shares of the specialty chemicals company’s stock valued at $40,000 after acquiring an additional 2,991 shares during the last quarter. Finally, GatePass Capital LLC grew its holdings in Green Plains by 69.6% during the 2nd quarter. GatePass Capital LLC now owns 39,000 shares of the specialty chemicals company’s stock worth $235,000 after acquiring an additional 16,000 shares during the period.

Green Plains Stock Performance

NASDAQ GPRE opened at $13.70 on Friday. The company has a market cap of $956.81 million, a P/E ratio of -7.25, a PEG ratio of 1.21 and a beta of 1.54. The company has a fifty day simple moving average of $11.08 and a 200 day simple moving average of $10.20. The company has a current ratio of 1.79, a quick ratio of 1.24 and a debt-to-equity ratio of 0.47. Green Plains, Inc. has a 12-month low of $3.14 and a 12-month high of $15.64.

Green Plains (NASDAQ:GPRE) last released its quarterly earnings data on Thursday, February 5th. The specialty chemicals company reported $0.17 earnings per share for the quarter, beating analysts’ consensus estimates of $0.07 by $0.10. The firm had revenue of $428.85 million for the quarter, compared to analyst estimates of $536.56 million. Green Plains had a negative net margin of 5.80% and a negative return on equity of 8.70%. The business’s quarterly revenue was down 26.6% compared to the same quarter last year. During the same period last year, the firm earned ($0.86) earnings per share. Sell-side analysts predict that Green Plains, Inc. will post -0.5 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have recently issued reports on GPRE shares. Wall Street Zen raised Green Plains from a “hold” rating to a “buy” rating in a research note on Saturday. Oppenheimer lifted their target price on Green Plains from $14.00 to $16.00 and gave the stock an “outperform” rating in a report on Friday, February 6th. BMO Capital Markets increased their price target on Green Plains from $12.00 to $14.00 and gave the stock a “market perform” rating in a report on Friday, February 6th. Roth Mkm downgraded shares of Green Plains from a “buy” rating to a “neutral” rating and set a $10.00 price objective for the company. in a research report on Thursday, November 6th. Finally, Stephens upgraded shares of Green Plains from an “equal weight” rating to an “overweight” rating and boosted their target price for the company from $10.00 to $17.00 in a research report on Monday, February 9th. Three investment analysts have rated the stock with a Buy rating, four have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Green Plains has a consensus rating of “Hold” and a consensus target price of $12.25.

Green Plains Company 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.