UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Raises Holdings in Green Plains Inc. (NASDAQ:GPRE)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Green Plains Inc. (NASDAQ:GPRE - Free Report) by 69.9% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 329,863 shares of the specialty chemicals company's stock after buying an additional 135,719 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.51% of Green Plains worth $3,127,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of GPRE. Van ECK Associates Corp grew its stake in 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 acquiring an additional 2,717 shares during the period. Dauntless Investment Group LLC acquired a new stake in shares of Green Plains in the fourth quarter valued at about $54,000. KBC Group NV grew its position in shares of Green Plains by 120.7% in the fourth 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 during the period. Cape Investment Advisory Inc. increased its stake 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 purchasing an additional 5,450 shares in the last quarter. Finally, Raiffeisen Bank International AG acquired a new position in shares of Green Plains during the 4th quarter worth about $72,000.

Green Plains Price Performance

Shares of NASDAQ:GPRE traded up $0.08 during midday trading on Monday, hitting $4.25. The company had a trading volume of 1,128,081 shares, compared to its average volume of 1,416,060. Green Plains Inc. has a twelve month low of $3.14 and a twelve month high of $18.14. The stock has a market cap of $277.95 million, a price-to-earnings ratio of -3.12 and a beta of 1.12. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.48 and a quick ratio of 0.89. The business's 50-day simple moving average is $4.03 and its 200-day simple moving average is $6.67.

Green Plains (NASDAQ:GPRE - Get Free Report) last issued its 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). The company had revenue of $601.52 million during the quarter, compared to analyst estimates 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 was up .7% compared to the same quarter last year. During the same period last year, the business earned ($0.81) earnings per share. On average, research analysts predict that Green Plains Inc. will post -0.5 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on GPRE. Truist Financial reiterated a "buy" rating and issued a $12.00 price objective (down from $18.00) on shares of Green Plains in a report on Thursday, February 13th. Wall Street Zen downgraded Green Plains from a "hold" rating to a "sell" rating in a research report on Monday, February 10th. BMO Capital Markets dropped their price target 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 cut Green Plains from a "buy" rating to a "neutral" rating and dropped their price target for the stock from $10.00 to $4.50 in a research report on Tuesday, April 15th. Finally, UBS Group lowered Green Plains from a "buy" rating to a "neutral" rating and decreased their price objective for the company from $20.50 to $7.00 in a report on Tuesday, March 4th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, Green Plains presently has an average rating of "Hold" and an average price target of $11.93.

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.