Charles Schwab Investment Management Inc. Increases Stock Holdings in Green Plains Inc. (NASDAQ:GPRE)

Charles Schwab Investment Management Inc. raised its stake in Green Plains Inc. (NASDAQ:GPRE - Free Report) by 16.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,150,738 shares of the specialty chemicals company's stock after buying an additional 159,147 shares during the quarter. Charles Schwab Investment Management Inc. owned 1.78% of Green Plains worth $15,581,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of GPRE. Kailix Advisors LLC lifted its stake in Green Plains by 39.8% in the second quarter. Kailix Advisors LLC now owns 1,343,269 shares of the specialty chemicals company's stock valued at $22,406,000 after buying an additional 382,517 shares in the last quarter. Lumbard & Kellner LLC bought a new stake in Green Plains in the 2nd quarter valued at $4,685,000. American Century Companies Inc. lifted its position in Green Plains by 287.6% in the 2nd quarter. American Century Companies Inc. now owns 332,586 shares of the specialty chemicals company's stock valued at $5,275,000 after acquiring an additional 246,773 shares in the last quarter. Wolf Hill Capital Management LP boosted its stake in Green Plains by 13.7% in the 2nd quarter. Wolf Hill Capital Management LP now owns 1,994,539 shares of the specialty chemicals company's stock worth $31,633,000 after purchasing an additional 240,849 shares during the period. Finally, Clifford Capital Partners LLC increased its holdings in Green Plains by 53.7% during the 2nd quarter. Clifford Capital Partners LLC now owns 511,026 shares of the specialty chemicals company's stock worth $8,105,000 after purchasing an additional 178,484 shares in the last quarter.

Analyst Upgrades and Downgrades

GPRE has been the subject of several analyst reports. UBS Group lowered their target price on shares of Green Plains from $26.00 to $23.50 and set a "buy" rating on the stock in a report on Monday, August 19th. StockNews.com upgraded shares of Green Plains from a "sell" rating to a "hold" rating in a research note on Friday. Stephens raised Green Plains to a "hold" rating in a research report on Monday, December 2nd. Finally, Truist Financial cut their price objective on Green Plains from $25.00 to $18.00 and set a "buy" rating for the company in a research report on Wednesday, October 16th. Four analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $25.50.

Green Plains Price Performance

Shares of NASDAQ GPRE traded up $0.19 during mid-day trading on Friday, hitting $10.58. 1,274,828 shares of the stock traded hands, compared to its average volume of 1,043,142. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.78 and a quick ratio of 1.16. The company has a market cap of $684.00 million, a PE ratio of -27.84 and a beta of 1.44. Green Plains Inc. has a twelve month low of $10.18 and a twelve month high of $28.50. The firm has a 50 day simple moving average of $11.72 and a two-hundred day simple moving average of $13.97.

About Green Plains

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.