Stephens Inc. AR purchased a new position in shares of Green Plains Inc (NASDAQ:GPRE) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 23,186 shares of the specialty chemicals company’s stock, valued at approximately $391,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of GPRE. Alliancebernstein L.P. boosted its position in shares of Green Plains by 16.0% in the second quarter. Alliancebernstein L.P. now owns 61,700 shares of the specialty chemicals company’s stock worth $1,268,000 after acquiring an additional 8,500 shares during the last quarter. BlackRock Inc. boosted its position in shares of Green Plains by 3.8% in the second quarter. BlackRock Inc. now owns 4,606,262 shares of the specialty chemicals company’s stock worth $94,658,000 after acquiring an additional 167,047 shares during the last quarter. New York State Common Retirement Fund boosted its position in shares of Green Plains by 13.3% in the second quarter. New York State Common Retirement Fund now owns 82,197 shares of the specialty chemicals company’s stock worth $1,689,000 after acquiring an additional 9,671 shares during the last quarter. UBS Asset Management Americas Inc. boosted its position in shares of Green Plains by 28.6% in the second quarter. UBS Asset Management Americas Inc. now owns 10,599 shares of the specialty chemicals company’s stock worth $218,000 after acquiring an additional 2,360 shares during the last quarter. Finally, Northern Trust Corp boosted its position in shares of Green Plains by 51.8% in the second quarter. Northern Trust Corp now owns 1,083,248 shares of the specialty chemicals company’s stock worth $22,260,000 after acquiring an additional 369,744 shares during the last quarter.

Several equities research analysts recently issued reports on GPRE shares. Roth Capital set a $25.00 target price on shares of Green Plains and gave the stock a “buy” rating in a research report on Tuesday, October 24th. Zacks Investment Research cut shares of Green Plains from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 26th. Piper Jaffray Companies raised shares of Green Plains from a “neutral” rating to an “overweight” rating in a research report on Friday, November 3rd. BMO Capital Markets reissued an “outperform” rating and issued a $25.00 target price (down from $30.00) on shares of Green Plains in a research report on Monday, November 6th. Finally, BidaskClub raised shares of Green Plains from a “strong sell” rating to a “sell” rating in a research report on Thursday, January 11th. Three investment analysts have rated the stock with a sell rating and six have given a buy rating to the stock. Green Plains presently has an average rating of “Hold” and a consensus price target of $26.67.

Shares of Green Plains Inc (NASDAQ:GPRE) opened at $18.50 on Wednesday. The stock has a market cap of $755.33, a P/E ratio of 15.04, a P/E/G ratio of 3.47 and a beta of 1.55. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.36 and a quick ratio of 0.56. Green Plains Inc has a 12-month low of $15.60 and a 12-month high of $26.05.

Green Plains (NASDAQ:GPRE) last announced its quarterly earnings results on Wednesday, February 7th. The specialty chemicals company reported ($0.16) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.17) by $0.01. The firm had revenue of $920.98 million for the quarter, compared to analysts’ expectations of $953.30 million. Green Plains had a net margin of 1.70% and a negative return on equity of 3.33%. Green Plains’s revenue was down 1.2% compared to the same quarter last year. During the same period in the previous year, the company posted $0.47 earnings per share. analysts anticipate that Green Plains Inc will post 0.5 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 15th. Shareholders of record on Friday, February 23rd will be given a dividend of $0.12 per share. The ex-dividend date of this dividend is Thursday, February 22nd. This represents a $0.48 dividend on an annualized basis and a yield of 2.59%. Green Plains’s dividend payout ratio (DPR) is 39.02%.

In other Green Plains news, insider Todd A. Becker purchased 9,000 shares of Green Plains stock in a transaction on Friday, December 22nd. The shares were purchased at an average cost of $16.74 per share, with a total value of $150,660.00. Following the completion of the transaction, the insider now directly owns 716,588 shares in the company, valued at approximately $11,995,683.12. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Wayne Hoovestol purchased 102,653 shares of Green Plains stock in a transaction on Friday, November 17th. The shares were acquired at an average cost of $16.37 per share, for a total transaction of $1,680,429.61. Following the completion of the transaction, the director now owns 218,277 shares of the company’s stock, valued at $3,573,194.49. The disclosure for this purchase can be found here. Over the last ninety days, insiders have acquired 127,136 shares of company stock worth $2,087,178. 6.40% of the stock is currently owned by corporate insiders.

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About Green Plains

Green Plains Inc is an ethanol producer. The Company owns and operates assets throughout the ethanol value chain, including upstream, with grain handling and storage through its ethanol production facilities, and downstream, with marketing and distribution services. It operates through four segments: Ethanol Production, Agribusiness and Energy Services, Food and Food Ingredients, and Partnership.

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Institutional Ownership by Quarter for Green Plains (NASDAQ:GPRE)

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