Inspire Investing LLC Has $377,000 Stock Holdings in Green Plains Inc. (NASDAQ:GPRE)

Inspire Investing LLC increased its holdings in shares of Green Plains Inc. (NASDAQ:GPRE) by 38.2% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 23,762 shares of the specialty chemicals company’s stock after buying an additional 6,562 shares during the quarter. Inspire Investing LLC’s holdings in Green Plains were worth $377,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of the business. Thomist Capital Management LP purchased a new position in Green Plains during the 2nd quarter valued at about $1,011,000. Lumbard & Kellner LLC purchased a new position in Green Plains during the second quarter valued at approximately $4,685,000. Highland Peak Capital LLC increased its stake in Green Plains by 48.1% in the 2nd quarter. Highland Peak Capital LLC now owns 319,465 shares of the specialty chemicals company’s stock valued at $5,067,000 after buying an additional 103,725 shares during the period. William Blair Investment Management LLC lifted its position in Green Plains by 3.6% in the 2nd quarter. William Blair Investment Management LLC now owns 1,870,698 shares of the specialty chemicals company’s stock worth $29,669,000 after buying an additional 65,637 shares in the last quarter. Finally, American Century Companies Inc. boosted its stake in shares of Green Plains by 287.6% during the 2nd quarter. American Century Companies Inc. now owns 332,586 shares of the specialty chemicals company’s stock valued at $5,275,000 after buying an additional 246,773 shares during the period.

Green Plains Trading Down 1.7 %

Shares of GPRE stock opened at $13.29 on Friday. The business’s 50 day moving average is $14.66 and its two-hundred day moving average is $17.61. The company has a quick ratio of 1.11, a current ratio of 1.68 and a debt-to-equity ratio of 0.55. Green Plains Inc. has a 12 month low of $11.63 and a 12 month high of $31.92. The company has a market cap of $858.79 million, a PE ratio of -10.80 and a beta of 1.53.

Green Plains (NASDAQ:GPRE) last announced its earnings results on Tuesday, August 6th. The specialty chemicals company reported ($0.38) EPS for the quarter, missing the consensus estimate of ($0.03) by ($0.35). Green Plains had a negative return on equity of 4.94% and a negative net margin of 1.64%. The firm had revenue of $618.83 million during the quarter, compared to the consensus estimate of $646.70 million. During the same quarter last year, the business earned ($0.89) EPS. The business’s revenue was down 27.8% compared to the same quarter last year. Equities analysts predict that Green Plains Inc. will post -0.95 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the stock. Truist Financial reaffirmed a “buy” rating and issued a $25.00 price target (down from $30.00) on shares of Green Plains in a research note on Monday, August 5th. UBS Group cut their price target on Green Plains from $26.00 to $23.50 and set a “buy” rating for the company in a research note on Monday, August 19th. Craig Hallum lowered their price target on Green Plains from $34.00 to $26.00 and set a “buy” rating for the company in a research note on Wednesday, August 7th. Oppenheimer lowered shares of Green Plains from an “outperform” rating to a “market perform” rating in a research report on Wednesday, August 7th. Finally, BMO Capital Markets decreased their target price on shares of Green Plains from $22.00 to $17.00 and set a “market perform” rating for the company in a research report on Wednesday, August 7th. One analyst has rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the company. According to MarketBeat, Green Plains has an average rating of “Moderate Buy” and a consensus target price of $26.28.

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.