One Capital Management LLC bought a new position in shares of Green Plains, Inc. (NASDAQ:GPRE – Free Report) in the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 240,903 shares of the specialty chemicals company’s stock, valued at approximately $2,361,000.
Several other large investors have also bought and sold shares of GPRE. WINTON GROUP Ltd bought a new position in Green Plains during the 2nd quarter worth $61,000. Quarry LP bought a new position in Green Plains during the 3rd quarter worth $67,000. Aquatic Capital Management LLC bought a new position in Green Plains during the 3rd quarter worth $95,000. Sei Investments Co. raised its position in Green Plains by 31.3% during the 2nd quarter. Sei Investments Co. now owns 17,764 shares of the specialty chemicals company’s stock worth $107,000 after purchasing an additional 4,232 shares during the last quarter. Finally, Brevan Howard Capital Management LP bought a new position in Green Plains during the 3rd quarter worth $111,000.
Green Plains Stock Performance
Shares of GPRE opened at $16.14 on Wednesday. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.71 and a quick ratio of 1.27. The stock has a 50-day moving average of $16.23 and a 200-day moving average of $13.39. The company has a market cap of $1.13 billion, a PE ratio of -48.91 and a beta of 1.19. Green Plains, Inc. has a one year low of $3.97 and a one year high of $18.94.
Wall Street Analysts Forecast Growth
Several research analysts recently issued reports on the company. Wall Street Zen raised Green Plains from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 16th. UBS Group raised their target price on Green Plains from $7.00 to $12.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 3rd. Stephens raised their target price on Green Plains from $18.00 to $20.00 and gave the stock an “overweight” rating in a research report on Friday, May 8th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Green Plains in a research report on Tuesday, April 21st. Finally, Zacks Research raised Green Plains from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 12th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $14.29.
Read Our Latest Analysis on GPRE
About Green Plains
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.
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