Thrivent Financial for Lutherans Lowers Stock Holdings in Green Plains Inc. (NASDAQ:GPRE)

Thrivent Financial for Lutherans reduced its position in shares of Green Plains Inc. (NASDAQ:GPRE) by 5.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 50,773 shares of the specialty chemicals company’s stock after selling 2,870 shares during the period. Thrivent Financial for Lutherans owned about 0.08% of Green Plains worth $687,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Point72 Hong Kong Ltd purchased a new position in Green Plains in the second quarter valued at $29,000. Point72 Asia Singapore Pte. Ltd. purchased a new stake in Green Plains during the 2nd quarter worth about $41,000. nVerses Capital LLC acquired a new stake in shares of Green Plains during the third quarter worth about $65,000. DRW Securities LLC acquired a new stake in shares of Green Plains during the second quarter worth about $168,000. Finally, Everence Capital Management Inc. acquired a new stake in shares of Green Plains during the third quarter worth about $153,000.

Green Plains Stock Performance

NASDAQ GPRE opened at $10.45 on Thursday. The company has a current ratio of 1.78, a quick ratio of 1.16 and a debt-to-equity ratio of 0.46. The business’s 50 day moving average is $11.84 and its two-hundred day moving average is $14.13. Green Plains Inc. has a 12-month low of $10.21 and a 12-month high of $28.50. The stock has a market capitalization of $675.59 million, a price-to-earnings ratio of -27.50 and a beta of 1.44.

Wall Street Analysts Forecast Growth

GPRE has been the topic of a number of research analyst reports. StockNews.com upgraded Green Plains from a “sell” rating to a “hold” rating in a research report on Thursday, November 28th. BMO Capital Markets cut their target price on Green Plains from $22.00 to $17.00 and set a “market perform” rating on the stock in a research report on Wednesday, August 7th. UBS Group cut their target price on Green Plains from $26.00 to $23.50 and set a “buy” rating on the stock in a research report on Monday, August 19th. Craig Hallum dropped their price target on Green Plains from $34.00 to $26.00 and set a “buy” rating on the stock in a research report on Wednesday, August 7th. Finally, Oppenheimer cut Green Plains from an “outperform” rating to a “market perform” rating in a research report on Wednesday, August 7th. Four investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $25.50.

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.