Schonfeld Strategic Advisors LLC Has $270,000 Stock Holdings in Green Plains Inc. (NASDAQ:GPRE)

Schonfeld Strategic Advisors LLC lessened its stake in shares of Green Plains Inc. (NASDAQ:GPRE - Free Report) by 66.6% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 28,463 shares of the specialty chemicals company's stock after selling 56,850 shares during the period. Schonfeld Strategic Advisors LLC's holdings in Green Plains were worth $270,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Van ECK Associates Corp raised its holdings in Green Plains by 433.3% during the fourth quarter. Van ECK Associates Corp now owns 3,344 shares of the specialty chemicals company's stock worth $32,000 after acquiring an additional 2,717 shares in the last quarter. Dauntless Investment Group LLC bought a new stake in Green Plains during the fourth quarter worth about $54,000. KBC Group NV raised its holdings in Green Plains by 120.7% during the fourth quarter. KBC Group NV now owns 6,071 shares of the specialty chemicals company's stock worth $58,000 after acquiring an additional 3,320 shares in the last quarter. Cape Investment Advisory Inc. raised its holdings in 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 acquiring an additional 5,450 shares in the last quarter. Finally, Quinn Opportunity Partners LLC bought a new stake in Green Plains during the fourth quarter worth about $96,000.

Analyst Ratings Changes

Several research firms have issued reports on GPRE. UBS Group lowered Green Plains from a "buy" rating to a "neutral" rating and dropped their price objective for the company from $20.50 to $7.00 in a research note on Tuesday, March 4th. Jefferies Financial Group lowered Green Plains from a "buy" rating to a "hold" rating and dropped their price objective for the company from $14.00 to $6.00 in a research note on Tuesday, March 11th. StockNews.com lowered Green Plains from a "hold" rating to a "sell" rating in a research note on Monday, February 10th. Truist Financial restated a "buy" rating and issued a $12.00 price objective (down previously from $18.00) on shares of Green Plains in a research note on Thursday, February 13th. Finally, Bank of America lowered Green Plains from a "buy" rating to a "neutral" rating and dropped their price objective for the company from $10.00 to $4.50 in a research note on Tuesday, April 15th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the company. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $11.93.

Green Plains Stock Performance

Shares of Green Plains stock traded up $0.18 on Friday, hitting $5.23. The stock had a trading volume of 1,611,436 shares, compared to its average volume of 1,408,129. Green Plains Inc. has a twelve month low of $3.14 and a twelve month high of $19.80. The business's 50 day moving average is $4.30 and its two-hundred day moving average is $7.50. The company has a quick ratio of 0.89, a current ratio of 1.48 and a debt-to-equity ratio of 0.49. The stock has a market cap of $342.04 million, a price-to-earnings ratio of -3.85 and a beta of 1.19.

Green Plains (NASDAQ:GPRE - Get Free Report) last issued 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). The company had revenue of $601.52 million for 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 company's quarterly revenue was up .7% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.81) EPS. Analysts forecast that Green Plains Inc. will post -0.5 EPS for the current year.

Green Plains Company 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.