Green Plains, Inc. (NASDAQ:GPRE) Shares Sold by Kailix Advisors LLC

Kailix Advisors LLC cut its holdings in shares of Green Plains, Inc. (NASDAQ:GPRE - Free Report) by 3.2% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,274,323 shares of the specialty chemicals company's stock after selling 42,571 shares during the quarter. Green Plains makes up approximately 6.9% of Kailix Advisors LLC's holdings, making the stock its 8th largest holding. Kailix Advisors LLC owned about 1.88% of Green Plains worth $6,180,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Dauntless Investment Group LLC bought a new stake in shares of Green Plains in the 4th quarter valued at approximately $54,000. Raiffeisen Bank International AG bought a new stake in shares of Green Plains in the 4th quarter valued at approximately $72,000. Quinn Opportunity Partners LLC bought a new stake in shares of Green Plains in the 4th quarter valued at approximately $96,000. Pictet Asset Management Holding SA boosted its position in Green Plains by 28.2% during the 4th quarter. Pictet Asset Management Holding SA now owns 11,394 shares of the specialty chemicals company's stock valued at $108,000 after purchasing an additional 2,503 shares during the period. Finally, FORA Capital LLC acquired a new position in Green Plains during the 4th quarter valued at approximately $108,000.

Green Plains Stock Performance

GPRE stock traded up $0.10 during trading on Wednesday, reaching $8.35. 1,389,617 shares of the company's stock were exchanged, compared to its average volume of 1,888,225. The company has a quick ratio of 0.81, a current ratio of 1.38 and a debt-to-equity ratio of 0.54. Green Plains, Inc. has a 1-year low of $3.14 and a 1-year high of $18.14. The company's fifty day moving average price is $5.66 and its 200-day moving average price is $5.89. The firm has a market cap of $545.76 million, a PE ratio of -4.94 and a beta of 1.22.

Green Plains (NASDAQ:GPRE - Get Free Report) last announced its quarterly earnings results on Thursday, May 8th. The specialty chemicals company reported ($0.88) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.51) by ($0.37). Green Plains had a negative return on equity of 12.76% and a negative net margin of 4.22%. The business had revenue of $601.52 million for the quarter, compared to analyst estimates of $605.62 million. During the same quarter last year, the firm posted ($0.81) EPS. The company's revenue was up .7% compared to the same quarter last year. On average, research analysts expect that Green Plains, Inc. will post -0.5 EPS for the current fiscal year.

Analysts Set New Price Targets

GPRE has been the subject of a number of analyst reports. BMO Capital Markets reduced their price objective on Green Plains from $8.00 to $7.00 and set a "market perform" rating for the company in a research report on Monday, May 12th. Bank of America lowered Green Plains from a "buy" rating to a "neutral" rating and reduced their price objective for the company from $10.00 to $4.50 in a research report on Tuesday, April 15th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Green Plains presently has a consensus rating of "Hold" and a consensus target price of $10.42.

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.