16,288 Shares in Green Plains Inc. (NASDAQ:GPRE) Acquired by Corient Private Wealth LLC

Corient Private Wealth LLC purchased a new stake in Green Plains Inc. (NASDAQ:GPRE) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 16,288 shares of the specialty chemicals company’s stock, valued at approximately $154,000.

Several other institutional investors have also modified their holdings of GPRE. Van ECK Associates Corp boosted its holdings 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 during the period. KBC Group NV boosted its stake in shares of Green Plains by 120.7% in the 4th quarter. KBC Group NV now owns 6,071 shares of the specialty chemicals company’s stock valued at $58,000 after buying an additional 3,320 shares during the period. Cape Investment Advisory Inc. grew its position in shares of Green Plains by 340.6% during the fourth 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 in the last quarter. Commonwealth Equity Services LLC purchased a new stake in shares of Green Plains during the fourth quarter worth approximately $117,000. Finally, GAMMA Investing LLC raised its holdings in Green Plains by 1,207.7% in the fourth quarter. GAMMA Investing LLC now owns 14,032 shares of the specialty chemicals company’s stock valued at $133,000 after acquiring an additional 12,959 shares in the last quarter.

Green Plains Stock Performance

NASDAQ:GPRE opened at $4.85 on Wednesday. The stock’s 50 day moving average price is $6.47 and its 200 day moving average price is $9.56. The company has a market capitalization of $313.94 million, a PE ratio of -3.57 and a beta of 1.55. The company has a quick ratio of 0.89, a current ratio of 1.48 and a debt-to-equity ratio of 0.49. Green Plains Inc. has a 52-week low of $4.62 and a 52-week high of $24.04.

Green Plains (NASDAQ:GPRE) last posted its quarterly earnings data on Friday, February 7th. The specialty chemicals company reported ($0.86) earnings per share for the quarter, missing the consensus estimate of ($0.22) by ($0.64). Green Plains had a negative net margin of 3.36% and a negative return on equity of 11.88%. During the same period last year, the company earned $0.13 earnings per share. On average, research analysts anticipate that Green Plains Inc. will post -0.5 EPS for the current year.

Wall Street Analysts Forecast Growth

GPRE has been the topic of a number of recent analyst reports. UBS Group downgraded shares of Green Plains from a “buy” rating to a “neutral” rating and dropped their price objective for the company from $20.50 to $7.00 in a research report on Tuesday, March 4th. BMO Capital Markets cut their price target on Green Plains from $13.00 to $8.00 and set a “market perform” rating on the stock in a research note on Monday, February 10th. StockNews.com cut Green Plains from a “hold” rating to a “sell” rating in a research report on Monday, February 10th. Jefferies Financial Group lowered Green Plains from a “buy” rating to a “hold” rating and cut their target price for the stock from $14.00 to $6.00 in a research report on Tuesday, March 11th. Finally, Truist Financial reaffirmed a “buy” rating and issued a $12.00 price target (down from $18.00) on shares of Green Plains in a report on Thursday, February 13th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $18.89.

Green Plains 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.