Green Plains Inc. (NASDAQ:GPRE) Shares Bought by American Century Companies Inc.

American Century Companies Inc. increased its position in shares of Green Plains Inc. (NASDAQ:GPRE - Free Report) by 12.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 626,159 shares of the specialty chemicals company's stock after buying an additional 71,065 shares during the quarter. American Century Companies Inc. owned about 0.97% of Green Plains worth $5,936,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Virtu Financial LLC purchased a new stake in Green Plains in the fourth quarter valued at $205,000. Intech Investment Management LLC raised its holdings in Green Plains by 150.9% in the 4th quarter. Intech Investment Management LLC now owns 39,905 shares of the specialty chemicals company's stock valued at $378,000 after buying an additional 24,002 shares during the period. Counterpoint Mutual Funds LLC purchased a new stake in Green Plains in the 4th quarter valued at about $1,483,000. Cibc World Markets Corp lifted its position in Green Plains by 42.6% in the fourth quarter. Cibc World Markets Corp now owns 164,776 shares of the specialty chemicals company's stock valued at $1,562,000 after buying an additional 49,201 shares during the last quarter. Finally, Corient Private Wealth LLC purchased a new position in Green Plains during the fourth quarter worth about $154,000.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on GPRE shares. BMO Capital Markets decreased their price objective on shares of Green Plains from $13.00 to $8.00 and set a "market perform" rating on the stock in a report on Monday, February 10th. StockNews.com cut Green Plains from a "hold" rating to a "sell" rating in a research note on Monday, February 10th. Truist Financial reaffirmed a "buy" rating and issued a $12.00 price objective (down from $18.00) on shares of Green Plains in a research note on Thursday, February 13th. Jefferies Financial Group lowered Green Plains from a "buy" rating to a "hold" rating and decreased their target price for the stock from $14.00 to $6.00 in a research note on Tuesday, March 11th. Finally, UBS Group downgraded Green Plains from a "buy" rating to a "neutral" rating and dropped their target price for the company from $20.50 to $7.00 in a research report on Tuesday, March 4th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $18.89.

Green Plains Stock Up 13.7 %

Shares of GPRE traded up $0.49 during midday trading on Wednesday, hitting $4.06. The company had a trading volume of 3,665,754 shares, compared to its average volume of 1,357,410. Green Plains Inc. has a 1 year low of $3.26 and a 1 year high of $23.50. The firm has a market capitalization of $262.80 million, a P/E ratio of -2.99 and a beta of 1.20. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.89 and a current ratio of 1.48. The company's 50-day simple moving average is $5.66 and its 200-day simple moving average is $9.10.

Green Plains (NASDAQ:GPRE - Get Free Report) last issued its quarterly earnings results on Friday, February 7th. The specialty chemicals company reported ($0.86) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.22) by ($0.64). Green Plains had a negative return on equity of 11.88% and a negative net margin of 3.36%. During the same quarter in the previous year, the company posted $0.13 earnings per share. As a group, sell-side analysts expect 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.