Green Plains Inc. (NASDAQ:GPRE) Shares Bought by Nuveen Asset Management LLC

Nuveen Asset Management LLC boosted its holdings in Green Plains Inc. (NASDAQ:GPRE - Free Report) by 54.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 234,548 shares of the specialty chemicals company's stock after buying an additional 82,235 shares during the period. Nuveen Asset Management LLC owned approximately 0.36% of Green Plains worth $2,224,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of GPRE. Charles Schwab Investment Management Inc. grew its position in shares of Green Plains by 21.8% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,401,476 shares of the specialty chemicals company's stock valued at $13,286,000 after purchasing an additional 250,738 shares in the last quarter. Kailix Advisors LLC grew its position in shares of Green Plains by 15.3% during the 4th quarter. Kailix Advisors LLC now owns 1,316,894 shares of the specialty chemicals company's stock valued at $12,484,000 after purchasing an additional 174,519 shares in the last quarter. CenterBook Partners LP purchased a new position in shares of Green Plains during the 4th quarter valued at $10,940,000. Invesco Ltd. grew its position in shares of Green Plains by 92.0% during the 4th quarter. Invesco Ltd. now owns 1,020,129 shares of the specialty chemicals company's stock valued at $9,671,000 after purchasing an additional 488,870 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its position in shares of Green Plains by 424.8% during the 4th quarter. Ameriprise Financial Inc. now owns 804,175 shares of the specialty chemicals company's stock valued at $7,624,000 after purchasing an additional 650,937 shares in the last quarter.

Green Plains Stock Performance

GPRE stock traded up $0.23 on Friday, hitting $4.27. The company had a trading volume of 175,519 shares, compared to its average volume of 1,407,605. Green Plains Inc. has a 12-month low of $3.14 and a 12-month high of $18.14. The company has a current ratio of 1.48, a quick ratio of 0.89 and a debt-to-equity ratio of 0.49. The stock's 50-day simple moving average is $4.06 and its 200 day simple moving average is $6.82. The stock has a market cap of $278.93 million, a price-to-earnings ratio of -3.13 and a beta of 1.12.

Green Plains (NASDAQ:GPRE - Get Free Report) last released its earnings results on Thursday, May 8th. The specialty chemicals company reported ($0.88) earnings per share for the quarter, missing analysts' consensus estimates of ($0.51) by ($0.37). The firm had revenue of $601.52 million for the quarter, compared to analysts' expectations of $605.62 million. Green Plains had a negative net margin of 3.36% and a negative return on equity of 11.88%. The firm's quarterly revenue was up .7% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.81) EPS. As a group, equities research analysts expect that Green Plains Inc. will post -0.5 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on GPRE shares. Jefferies Financial Group lowered shares of Green Plains from a "buy" rating to a "hold" rating and reduced their price target for the company from $14.00 to $6.00 in a research report on Tuesday, March 11th. Wall Street Zen downgraded shares of Green Plains from a "hold" rating to a "sell" rating in a report on Monday, February 10th. Bank of America downgraded shares of Green Plains from a "buy" rating to a "neutral" rating and dropped their price objective for the stock from $10.00 to $4.50 in a report on Tuesday, April 15th. UBS Group downgraded shares of Green Plains from a "buy" rating to a "neutral" rating and dropped their price objective for the stock from $20.50 to $7.00 in a report on Tuesday, March 4th. Finally, BMO Capital Markets dropped their price objective on shares of Green Plains from $8.00 to $7.00 and set a "market perform" rating for the company in a report on Monday, May 12th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus 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.