Barclays PLC grew its holdings in shares of Green Plains Inc. (NASDAQ:GPRE - Free Report) by 71.5% in the third quarter, according to its most recent filing with the SEC. The firm owned 142,851 shares of the specialty chemicals company's stock after acquiring an additional 59,564 shares during the quarter. Barclays PLC owned about 0.22% of Green Plains worth $1,935,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently modified their holdings of GPRE. Point72 Hong Kong Ltd bought a new stake in shares of Green Plains during the second quarter valued at about $29,000. Point72 Asia Singapore Pte. Ltd. acquired a new position in Green Plains during the 2nd quarter valued at about $41,000. Quest Partners LLC bought a new stake in shares of Green Plains during the 3rd quarter worth about $52,000. nVerses Capital LLC acquired a new stake in shares of Green Plains in the 3rd quarter worth approximately $65,000. Finally, DRW Securities LLC bought a new position in shares of Green Plains in the second quarter valued at approximately $168,000.
Green Plains Trading Down 2.6 %
GPRE traded down $0.24 during trading on Friday, reaching $9.08. The company had a trading volume of 1,322,227 shares, compared to its average volume of 1,111,885. Green Plains Inc. has a 12-month low of $8.96 and a 12-month high of $25.75. The firm's 50-day simple moving average is $10.93 and its 200 day simple moving average is $13.30. The company has a market cap of $587.03 million, a price-to-earnings ratio of -23.89 and a beta of 1.44. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.16 and a current ratio of 1.78.
Analyst Upgrades and Downgrades
Several equities research analysts recently commented on the company. Truist Financial dropped their target price on Green Plains from $25.00 to $18.00 and set a "buy" rating on the stock in a report on Wednesday, October 16th. Stephens raised Green Plains to a "hold" rating in a research note on Monday, December 2nd. Finally, StockNews.com raised Green Plains from a "sell" rating to a "hold" rating in a research note on Friday, December 6th. Four investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat.com, Green Plains presently has a consensus rating of "Moderate Buy" and an average target price of $25.50.
Check Out Our Latest Stock Report on Green Plains
About Green Plains
(
Free Report)
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.
Read More
Before you consider Green Plains, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Green Plains wasn't on the list.
While Green Plains currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
