Green Plains Inc. (NASDAQ:GPRE) Shares Purchased by Trexquant Investment LP

Trexquant Investment LP raised its position in Green Plains Inc. (NASDAQ:GPRE) by 177.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 469,639 shares of the specialty chemicals company’s stock after purchasing an additional 300,413 shares during the quarter. Trexquant Investment LP’s holdings in Green Plains were worth $4,452,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in GPRE. State Street Corp grew its holdings in Green Plains by 2.9% in the 3rd quarter. State Street Corp now owns 3,910,245 shares of the specialty chemicals company’s stock worth $52,945,000 after buying an additional 111,501 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in Green Plains by 21.8% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,401,476 shares of the specialty chemicals company’s stock valued at $13,286,000 after acquiring an additional 250,738 shares in the last quarter. Kailix Advisors LLC boosted its position in Green Plains by 15.3% during the 4th quarter. Kailix Advisors LLC now owns 1,316,894 shares of the specialty chemicals company’s stock worth $12,484,000 after acquiring an additional 174,519 shares during the period. Assenagon Asset Management S.A. grew its stake in shares of Green Plains by 1,122.1% in the fourth quarter. Assenagon Asset Management S.A. now owns 704,125 shares of the specialty chemicals company’s stock worth $6,675,000 after purchasing an additional 646,507 shares in the last quarter. Finally, American Century Companies Inc. increased its holdings in shares of Green Plains by 12.8% during the fourth quarter. American Century Companies Inc. now owns 626,159 shares of the specialty chemicals company’s stock valued at $5,936,000 after purchasing an additional 71,065 shares during the period.

Green Plains Price Performance

Shares of NASDAQ:GPRE opened at $4.09 on Friday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.89 and a current ratio of 1.48. The company has a market capitalization of $264.74 million, a PE ratio of -3.01 and a beta of 1.20. The stock has a fifty day moving average of $6.18 and a 200-day moving average of $9.41. Green Plains Inc. has a one year low of $3.75 and a one year high of $23.76.

Green Plains (NASDAQ:GPRE) last released its quarterly earnings results on Friday, February 7th. The specialty chemicals company reported ($0.86) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.22) by ($0.64). Green Plains had a negative net margin of 3.36% and a negative return on equity of 11.88%. During the same period last year, the business posted $0.13 earnings per share. As a group, equities analysts anticipate that Green Plains Inc. will post -0.5 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on GPRE shares. Jefferies Financial Group downgraded shares of Green Plains from a “buy” rating to a “hold” rating and reduced their price objective for the stock from $14.00 to $6.00 in a report on Tuesday, March 11th. UBS Group lowered shares of Green Plains from a “buy” rating to a “neutral” rating and reduced their price target for the stock from $20.50 to $7.00 in a research note on Tuesday, March 4th. StockNews.com lowered shares of Green Plains from a “hold” rating to a “sell” rating in a research note on Monday, February 10th. Truist Financial restated a “buy” rating and issued a $12.00 target price (down from $18.00) on shares of Green Plains in a research report on Thursday, February 13th. Finally, BMO Capital Markets lowered their price target on Green Plains from $13.00 to $8.00 and set a “market perform” rating on the stock in a research report on Monday, February 10th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat.com, Green Plains presently has an average rating of “Hold” and an average target price of $18.89.

About Green Plains

Green Plains Inc produces low-carbon fuels in the United States and internationally. It operates through three segments: Ethanol Production, Agribusiness and Energy Services, and Partnership. The Ethanol Production segment produces ethanol, distillers grains, and ultra-high protein and renewable corn oil.