PharVision Advisers LLC Buys New Shares in Green Plains Inc. (NASDAQ:GPRE)

PharVision Advisers LLC purchased a new stake in shares of Green Plains Inc. (NASDAQ:GPRE) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 32,906 shares of the specialty chemicals company’s stock, valued at approximately $312,000.

Several other hedge funds have also recently added to or reduced their stakes in the company. Barclays PLC raised its holdings in shares of Green Plains by 71.5% during the 3rd quarter. Barclays PLC now owns 142,851 shares of the specialty chemicals company’s stock valued at $1,935,000 after buying an additional 59,564 shares in the last quarter. SG Americas Securities LLC raised its stake in shares of Green Plains by 4.1% during the fourth quarter. SG Americas Securities LLC now owns 37,479 shares of the specialty chemicals company’s stock worth $355,000 after acquiring an additional 1,488 shares in the last quarter. Inspire Investing LLC lifted its holdings in shares of Green Plains by 39.8% in the 4th quarter. Inspire Investing LLC now owns 46,241 shares of the specialty chemicals company’s stock worth $438,000 after acquiring an additional 13,154 shares during the last quarter. 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 purchasing an additional 3,320 shares in the last quarter. Finally, Van ECK Associates Corp boosted its stake in shares of Green Plains by 433.3% in the 4th 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.

Green Plains Price Performance

GPRE opened at $4.37 on Thursday. 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 stock has a market capitalization of $285.79 million, a PE ratio of -3.21 and a beta of 1.19. The stock’s 50 day moving average price is $4.28 and its 200-day moving average price is $7.38. Green Plains Inc. has a 52-week low of $3.14 and a 52-week high of $19.80.

Green Plains (NASDAQ:GPRE) last issued its quarterly earnings data on Thursday, May 8th. The specialty chemicals company reported ($0.88) EPS for the quarter, missing the consensus estimate of ($0.51) by ($0.37). The company had revenue of $601.52 million during the quarter, compared to the consensus estimate of $605.62 million. Green Plains had a negative return on equity of 11.88% and a negative net margin of 3.36%. The firm’s revenue for the quarter was up .7% compared to the same quarter last year. During the same quarter last year, the company posted ($0.81) earnings per share. On average, equities research analysts predict that Green Plains Inc. will post -0.5 EPS for the current year.

Analyst Ratings Changes

A number of equities analysts recently commented on GPRE shares. Bank of America cut shares of Green Plains from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $10.00 to $4.50 in a research report on Tuesday, April 15th. StockNews.com downgraded Green Plains from a “hold” rating to a “sell” rating in a report on Monday, February 10th. BMO Capital Markets reduced their price target on Green Plains from $8.00 to $7.00 and set a “market perform” rating on the stock in a research report on Monday, May 12th. UBS Group cut Green Plains from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $20.50 to $7.00 in a research note on Tuesday, March 4th. Finally, Truist Financial reiterated a “buy” rating and issued a $12.00 price objective (down previously from $18.00) on shares of Green Plains in a research report on Thursday, February 13th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $11.93.

About Green Plains

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.