Green Plains Inc. (NASDAQ:GPRE) Shares Sold by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP reduced its stake in shares of Green Plains Inc. (NASDAQ:GPRE) by 0.8% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 1,707,736 shares of the specialty chemicals company’s stock after selling 14,025 shares during the period. Dimensional Fund Advisors LP owned approximately 2.64% of Green Plains worth $16,188,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the stock. SG Americas Securities LLC lifted its position in shares of Green Plains by 4.1% during the 4th quarter. SG Americas Securities LLC now owns 37,479 shares of the specialty chemicals company’s stock valued at $355,000 after buying an additional 1,488 shares in the last quarter. Diametric Capital LP lifted its holdings in Green Plains by 11.6% during the fourth quarter. Diametric Capital LP now owns 22,890 shares of the specialty chemicals company’s stock valued at $217,000 after purchasing an additional 2,388 shares in the last quarter. Pictet Asset Management Holding SA grew its position in shares of Green Plains by 28.2% in the fourth quarter. Pictet Asset Management Holding SA now owns 11,394 shares of the specialty chemicals company’s stock valued at $108,000 after purchasing an additional 2,503 shares during the period. Van ECK Associates Corp increased its stake in shares of Green Plains by 433.3% during the fourth quarter. Van ECK Associates Corp now owns 3,344 shares of the specialty chemicals company’s stock worth $32,000 after purchasing an additional 2,717 shares in the last quarter. Finally, New York State Teachers Retirement System raised its position in shares of Green Plains by 4.7% during the 4th quarter. New York State Teachers Retirement System now owns 65,154 shares of the specialty chemicals company’s stock worth $618,000 after purchasing an additional 2,900 shares during the last quarter.

Green Plains Stock Performance

Green Plains stock opened at $3.84 on Friday. The firm has a 50 day simple moving average of $4.38 and a 200-day simple moving average of $7.80. The stock has a market cap of $260.68 million, a price-to-earnings ratio of -2.82 and a beta of 1.19. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.48 and a quick ratio of 0.89. Green Plains Inc. has a 1-year low of $3.14 and a 1-year high of $20.54.

Green Plains (NASDAQ:GPRE) last posted its earnings results on Thursday, May 8th. The specialty chemicals company reported ($1.14) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.51) by ($0.63). Green Plains had a negative return on equity of 11.88% and a negative net margin of 3.36%. The business had revenue of $601.52 million for the quarter, compared to analyst estimates of $605.62 million. During the same period last year, the business earned ($0.81) EPS. Green Plains’s revenue was up .7% compared to the same quarter last year. On average, analysts expect that Green Plains Inc. will post -0.5 EPS for the current year.

Analyst Upgrades and Downgrades

GPRE has been the subject of several research reports. StockNews.com lowered Green Plains from a “hold” rating to a “sell” rating in a research note on Monday, February 10th. BMO Capital Markets decreased their price objective on Green Plains from $13.00 to $8.00 and set a “market perform” rating on the stock in a report on Monday, February 10th. UBS Group lowered shares of Green Plains from a “buy” rating to a “neutral” rating and dropped their target price for the stock from $20.50 to $7.00 in a report on Tuesday, March 4th. Bank of America downgraded shares of Green Plains from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $10.00 to $4.50 in a research note on Tuesday, April 15th. Finally, Jefferies Financial Group cut shares of Green Plains from a “buy” rating to a “hold” rating and dropped their price objective for the company from $14.00 to $6.00 in a research note on Tuesday, March 11th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $12.07.

Green Plains Company Profile

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.