Quantbot Technologies LP Takes $1.49 Million Position in Green Plains, Inc. $GPRE

Quantbot Technologies LP bought a new position in shares of Green Plains, Inc. (NASDAQ:GPRE) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm bought 96,912 shares of the specialty chemicals company’s stock, valued at approximately $1,491,000. Quantbot Technologies LP owned 0.14% of Green Plains as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Kailix Advisors LLC boosted its holdings in Green Plains by 18.5% during the fourth quarter. Kailix Advisors LLC now owns 1,369,211 shares of the specialty chemicals company’s stock worth $13,418,000 after purchasing an additional 213,888 shares during the last quarter. Arrowstreet Capital Limited Partnership bought a new position in Green Plains in the first quarter valued at $1,166,000. Dimensional Fund Advisors LP increased its stake in Green Plains by 9.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,643,651 shares of the specialty chemicals company’s stock valued at $27,039,000 after buying an additional 145,741 shares during the last quarter. BNP Paribas Financial Markets increased its stake in Green Plains by 112.6% in the 4th quarter. BNP Paribas Financial Markets now owns 1,823,740 shares of the specialty chemicals company’s stock valued at $17,873,000 after buying an additional 966,069 shares during the last quarter. Finally, Hillsdale Investment Management Inc. bought a new stake in Green Plains during the 1st quarter worth about $4,596,000.

Analyst Upgrades and Downgrades

GPRE has been the subject of a number of recent analyst reports. Stephens increased their price target on shares of Green Plains from $18.00 to $20.00 and gave the company an “overweight” rating in a research note on Friday, May 8th. UBS Group boosted their price objective on shares of Green Plains from $12.00 to $20.00 and gave the stock a “neutral” rating in a research note on Friday, July 17th. BMO Capital Markets reaffirmed a “market perform” rating on shares of Green Plains in a report on Friday, August 7th. Wall Street Zen upgraded shares of Green Plains from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 8th. Finally, Oppenheimer reiterated an “outperform” rating and set a $20.00 price target on shares of Green Plains in a report on Friday, May 8th. Three equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $15.43.

Green Plains Trading Down 7.9%

Shares of GPRE stock opened at $14.97 on Tuesday. The company has a current ratio of 1.99, a quick ratio of 1.58 and a debt-to-equity ratio of 0.45. The stock has a market cap of $1.05 billion, a P/E ratio of 9.42 and a beta of 1.17. The stock has a 50 day simple moving average of $16.04 and a 200 day simple moving average of $15.71. Green Plains, Inc. has a 1 year low of $8.65 and a 1 year high of $19.65.

Green Plains (NASDAQ:GPRE) last posted its quarterly earnings results on Thursday, August 6th. The specialty chemicals company reported $0.83 EPS for the quarter, beating analysts’ consensus estimates of $0.54 by $0.29. Green Plains had a return on equity of 14.52% and a net margin of 6.78%.The business had revenue of $446.22 million during the quarter, compared to the consensus estimate of $542.38 million. During the same quarter in the previous year, the firm earned ($1.09) earnings per share. On average, research analysts predict that Green Plains, Inc. will post 2.04 earnings per share for the current fiscal year.

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.