Green Plains Inc. (NASDAQ:GPRE) Holdings Reduced by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP decreased its position in Green Plains Inc. (NASDAQ:GPRE – Get Rating) by 11.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 2,379,836 shares of the specialty chemicals company’s stock after selling 321,225 shares during the period. Dimensional Fund Advisors LP owned approximately 4.01% of Green Plains worth $72,583,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Van ECK Associates Corp grew its position in Green Plains by 95.5% in the 4th quarter. Van ECK Associates Corp now owns 917 shares of the specialty chemicals company’s stock worth $28,000 after purchasing an additional 448 shares during the last quarter. Covestor Ltd grew its position in Green Plains by 8,023.1% in the 1st quarter. Covestor Ltd now owns 1,056 shares of the specialty chemicals company’s stock worth $33,000 after purchasing an additional 1,043 shares during the last quarter. Advisors Asset Management Inc. bought a new position in Green Plains in the 1st quarter worth about $46,000. Point72 Hong Kong Ltd grew its position in Green Plains by 39.2% in the 1st quarter. Point72 Hong Kong Ltd now owns 1,915 shares of the specialty chemicals company’s stock worth $59,000 after purchasing an additional 539 shares during the last quarter. Finally, Royal Bank of Canada grew its position in Green Plains by 714.1% in the 1st quarter. Royal Bank of Canada now owns 3,346 shares of the specialty chemicals company’s stock worth $104,000 after purchasing an additional 2,935 shares during the last quarter.

Insider Buying and Selling

In other Green Plains news, Director James D. Anderson bought 2,000 shares of Green Plains stock in a transaction that occurred on Monday, May 8th. The stock was purchased at an average cost of $31.10 per share, for a total transaction of $62,200.00. Following the completion of the acquisition, the director now owns 111,909 shares of the company’s stock, valued at approximately $3,480,369.90. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In related news, insider Michelle Mapes sold 30,000 shares of the firm’s stock in a transaction that occurred on Monday, May 8th. The shares were sold at an average price of $31.31, for a total value of $939,300.00. Following the completion of the transaction, the insider now owns 38,153 shares of the company’s stock, valued at approximately $1,194,570.43. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director James D. Anderson acquired 2,000 shares of the firm’s stock in a transaction that occurred on Monday, May 8th. The stock was purchased at an average cost of $31.10 per share, with a total value of $62,200.00. Following the purchase, the director now directly owns 111,909 shares in the company, valued at approximately $3,480,369.90. The disclosure for this purchase can be found here. Over the last ninety days, insiders sold 123,641 shares of company stock worth $3,773,270. Corporate insiders own 3.20% of the company’s stock.

Green Plains Trading Down 0.2 %

Shares of NASDAQ:GPRE opened at $32.13 on Thursday. The stock has a market capitalization of $1.91 billion, a price-to-earnings ratio of -13.39 and a beta of 1.73. Green Plains Inc. has a 1-year low of $26.33 and a 1-year high of $41.25. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.15 and a current ratio of 1.73. The company has a 50 day moving average price of $31.69 and a 200 day moving average price of $32.34.

Green Plains (NASDAQ:GPRE – Get Rating) last issued its earnings results on Thursday, May 4th. The specialty chemicals company reported ($1.20) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.37) by ($0.83). The business had revenue of $832.90 million for the quarter, compared to the consensus estimate of $823.35 million. Green Plains had a negative return on equity of 14.94% and a negative net margin of 3.66%. The company’s quarterly revenue was up 6.6% on a year-over-year basis. During the same quarter in the previous year, the business posted ($1.16) earnings per share. On average, research analysts anticipate that Green Plains Inc. will post -0.28 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts have commented on GPRE shares. Bank of America initiated coverage on shares of Green Plains in a research report on Friday, May 12th. They issued a “buy” rating for the company. BMO Capital Markets initiated coverage on shares of Green Plains in a research note on Thursday, April 13th. They issued a “market perform” rating and a $33.00 price target for the company. Craig Hallum upped their price target on shares of Green Plains from $44.00 to $49.00 in a research note on Thursday, February 9th. Finally, StockNews.com raised shares of Green Plains to a “sell” rating in a research note on Tuesday. One analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $41.17.

Green Plains Profile

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Green Plains, Inc engages in the production of fuel-grade ethanol and corn oil, the provision of grain handling, and storage commodity marketing and distribution services. It operates through the following segments: Ethanol Production, Agribusiness and Energy Services, and Partnership. The Ethanol Production segment produces ethanol, distillers’ grain, and corn oil at ethanol plants in Indiana, Iowa, Minnesota, Nebraska, Tennessee, and Texas.