2 weeks Ago By ABMN Staff
Legal & General Group Plc reduced its holdings in shares of Green Plains Inc. ( NASDAQ:GPRE – Free Report ) by 6.1% in the 4th quarter, Holdings Channel.
com reports. The fund owned 182,575 shares of the specialty chemicals company’s stock after selling 11,779 shares during the period. Legal & General Group Plc’s holdings in Green Plains were worth $1,732,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Van ECK Associates Corp grew its position in Green Plains by 433.3% in the fourth quarter.
Van ECK Associates Corp now owns 3,344 shares of the specialty chemicals company’s stock valued at $32,000 after purchasing an additional 2,717 shares in the last quarter. KBC Group NV boosted its stake in shares of Green Plains by 120.7% during the 4th quarter.
KBC Group NV now owns 6,071 shares of the specialty chemicals company’s stock worth $58,000 after buying an additional 3,320 shares during the last quarter. Cape Investment Advisory Inc. boosted its stake in shares of Green Plains by 340.
6% during the 4th quarter. Cape Investment Advisory Inc. now owns 7,050 shares of the specialty chemicals company’s stock worth $67,000 after buying an additional 5,450 shares during the last quarter.
Pictet Asset Management Holding SA grew its holdings in shares of Green Plains by 28.2% in the 4th quarter. Pictet Asset Management Holding SA now owns 11,394 shares of the specialty chemicals company’s stock valued at $108,000 after acquiring an additional 2,503 shares in the last quarter.
Finally, Commonwealth Equity Services LLC acquired a new stake in shares of Green Plains in the fourth quarter valued at about $117,000. Green Plains Stock Performance NASDAQ GPRE opened at $3.58 on Friday.
The stock has a market cap of $231.73 million, a PE ratio of -2.63 and a beta of 1.
20. 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 firm has a 50-day moving average of $4.
79 and a 200-day moving average of $8.33. Green Plains Inc.
has a 52-week low of $3.14 and a 52-week high of $21.81.
Wall Street Analyst Weigh In A number of research analysts have weighed in on the company. Truist Financial restated a “buy” rating and issued a $12.00 price target (down from $18.
00) on shares of Green Plains in a research note on Thursday, February 13th. Jefferies Financial Group cut shares of Green Plains from a “buy” rating to a “hold” rating and decreased their target price for the company from $14.00 to $6.
00 in a research note on Tuesday, March 11th. Bank of America downgraded shares of Green Plains from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $10.00 to $4.
50 in a report on Tuesday, April 15th. UBS Group cut shares of Green Plains from a “buy” rating to a “neutral” rating and cut their price target for the company from $20.50 to $7.
00 in a research note on Tuesday, March 4th. Finally, StockNews.com lowered shares of Green Plains from a “hold” rating to a “sell” rating in a research note on Monday, February 10th.
One investment analyst has rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $16.50.
Read Our Latest Stock Analysis on GPRE About Green Plains ( Free Report ) 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.
Read More Want to see what other hedge funds are holding GPRE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Green Plains Inc. ( NASDAQ:GPRE – Free Report ).
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