Green Plains, Inc. $GPRE Shares Bought by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio increased its position in Green Plains, Inc. (NASDAQ:GPRE) by 46.5% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,789 shares of the specialty chemicals company’s stock after acquiring an additional 1,838 shares during the period. Public Employees Retirement System of Ohio’s holdings in Green Plains were worth $35,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. GAMMA Investing LLC increased its holdings in shares of Green Plains by 193.2% in the 1st quarter. GAMMA Investing LLC now owns 41,138 shares of the specialty chemicals company’s stock worth $200,000 after acquiring an additional 27,106 shares during the period. Voleon Capital Management LP acquired a new stake in shares of Green Plains in the 1st quarter worth about $358,000. Inspire Investing LLC increased its holdings in shares of Green Plains by 52.7% in the 1st quarter. Inspire Investing LLC now owns 70,629 shares of the specialty chemicals company’s stock worth $343,000 after acquiring an additional 24,388 shares during the period. AE Wealth Management LLC acquired a new stake in shares of Green Plains in the 1st quarter worth about $141,000. Finally, Cubist Systematic Strategies LLC increased its holdings in shares of Green Plains by 2,026.7% in the 1st quarter. Cubist Systematic Strategies LLC now owns 295,606 shares of the specialty chemicals company’s stock worth $1,434,000 after acquiring an additional 281,706 shares during the period.

Insider Buying and Selling at Green Plains

In other news, insider Michelle Mapes sold 30,954 shares of the firm’s stock in a transaction dated Monday, September 22nd. The shares were sold at an average price of $9.51, for a total transaction of $294,372.54. Following the completion of the transaction, the insider owned 60,558 shares in the company, valued at approximately $575,906.58. This trade represents a 33.83% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 1.00% of the company’s stock.

Green Plains Stock Performance

NASDAQ:GPRE opened at $10.28 on Thursday. Green Plains, Inc. has a twelve month low of $3.14 and a twelve month high of $14.04. The company has a current ratio of 1.47, a quick ratio of 0.94 and a debt-to-equity ratio of 0.58. The company has a 50-day moving average of $9.34 and a 200-day moving average of $6.63. The firm has a market cap of $674.01 million, a price-to-earnings ratio of -4.28 and a beta of 1.26.

Green Plains (NASDAQ:GPRE) last posted its quarterly earnings data on Monday, August 11th. The specialty chemicals company reported ($0.41) earnings per share for the quarter, missing the consensus estimate of ($0.28) by ($0.13). Green Plains had a negative net margin of 6.34% and a negative return on equity of 13.65%. The business had revenue of $552.83 million for the quarter, compared to the consensus estimate of $578.18 million. During the same quarter last year, the business posted ($0.38) EPS. The business’s revenue for the quarter was down 10.7% on a year-over-year basis. Analysts forecast that Green Plains, Inc. will post -0.5 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

GPRE has been the topic of a number of analyst reports. Zacks Research raised shares of Green Plains to a “hold” rating in a report on Monday, August 11th. Bank of America reissued an “underperform” rating and set a $7.00 target price (up previously from $4.50) on shares of Green Plains in a research note on Thursday, August 14th. Tudor Pickering raised shares of Green Plains from a “hold” rating to a “strong-buy” rating in a research note on Monday. Tudor, Pickering, Holt & Co. raised shares of Green Plains from a “hold” rating to a “buy” rating and set a $14.00 target price on the stock in a research note on Monday. Finally, Oppenheimer raised shares of Green Plains from a “market perform” rating to an “outperform” rating and set a $14.00 target price on the stock in a research note on Thursday, August 28th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, Green Plains presently has a consensus rating of “Hold” and a consensus target price of $9.57.

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.