240,903 Shares in Green Plains, Inc. $GPRE Acquired by One Capital Management LLC

One Capital Management LLC purchased a new position in shares of Green Plains, Inc. (NASDAQ:GPRE) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 240,903 shares of the specialty chemicals company’s stock, valued at approximately $2,361,000. One Capital Management LLC owned approximately 0.34% of Green Plains at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. BNP Paribas Financial Markets grew its position in Green Plains by 112.6% during the fourth quarter. BNP Paribas Financial Markets now owns 1,823,740 shares of the specialty chemicals company’s stock worth $17,873,000 after buying an additional 966,069 shares in the last quarter. Future Fund LLC acquired a new stake in Green Plains during the fourth quarter worth approximately $2,361,000. Geode Capital Management LLC grew its position in Green Plains by 6.0% during the fourth quarter. Geode Capital Management LLC now owns 1,672,225 shares of the specialty chemicals company’s stock worth $16,392,000 after buying an additional 93,950 shares in the last quarter. ProShare Advisors LLC grew its position in Green Plains by 11.7% during the fourth quarter. ProShare Advisors LLC now owns 12,275 shares of the specialty chemicals company’s stock worth $120,000 after buying an additional 1,290 shares in the last quarter. Finally, Kailix Advisors LLC grew its position in Green Plains by 18.5% during the fourth quarter. Kailix Advisors LLC now owns 1,369,211 shares of the specialty chemicals company’s stock worth $13,418,000 after buying an additional 213,888 shares in the last quarter.

Green Plains Price Performance

Shares of GPRE opened at $16.14 on Wednesday. Green Plains, Inc. has a 12-month low of $3.97 and a 12-month high of $18.94. The business has a 50-day simple moving average of $16.23 and a two-hundred day simple moving average of $13.39. The company has a quick ratio of 1.27, a current ratio of 1.71 and a debt-to-equity ratio of 0.49. The stock has a market cap of $1.13 billion, a PE ratio of -48.91 and a beta of 1.19.

Green Plains (NASDAQ:GPRE) last issued its earnings results on Thursday, May 7th. The specialty chemicals company reported $0.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.43. Green Plains had a positive return on equity of 2.86% and a negative net margin of 0.80%.The business had revenue of $445.80 million during the quarter, compared to analysts’ expectations of $532.53 million. During the same quarter in the prior year, the firm earned ($1.14) EPS. The business’s revenue for the quarter was down 25.9% compared to the same quarter last year. Analysts anticipate that Green Plains, Inc. will post 2.1 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the company. Stephens increased their price target on Green Plains from $18.00 to $20.00 and gave the stock an “overweight” rating in a research report on Friday, May 8th. Zacks Research raised Green Plains from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 12th. UBS Group increased their price target on Green Plains from $7.00 to $12.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 3rd. BMO Capital Markets raised their target price on Green Plains from $14.00 to $15.00 and gave the company a “market perform” rating in a report on Wednesday, March 25th. Finally, Oppenheimer reaffirmed an “outperform” rating and issued a $20.00 target price on shares of Green Plains in a report on Friday, May 8th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $14.29.

About Green Plains

Green Plains Inc is a leading producer of fuel-grade ethanol and related co-products in the United States. Headquartered in Omaha, Nebraska, the company operates an integrated network of biorefineries that convert corn and other grains into renewable fuels. Through its production facilities, Green Plains supplies ethanol to domestic fuel markets and export channels, supporting efforts to reduce greenhouse gas emissions and promote cleaner-burning transportation options.

Beyond ethanol, Green Plains manufactures a range of co-products that add value throughout the agricultural supply chain.