Charles Schwab Investment Management Inc. Raises Stock Position in Green Plains Inc. (NASDAQ:GPRE)

Charles Schwab Investment Management Inc. boosted its position in Green Plains Inc. (NASDAQ:GPRE - Free Report) by 21.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,401,476 shares of the specialty chemicals company's stock after acquiring an additional 250,738 shares during the quarter. Charles Schwab Investment Management Inc. owned 2.17% of Green Plains worth $13,286,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in the company. Van ECK Associates Corp raised its holdings in shares of Green Plains by 433.3% in the 4th quarter. Van ECK Associates Corp now owns 3,344 shares of the specialty chemicals company's stock valued at $32,000 after purchasing an additional 2,717 shares in the last quarter. Quest Partners LLC purchased a new stake in Green Plains during the 3rd quarter worth about $52,000. KBC Group NV boosted its position in shares of Green Plains by 120.7% during the 4th 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. increased its holdings in shares of Green Plains by 340.6% in the 4th quarter. Cape Investment Advisory Inc. now owns 7,050 shares of the specialty chemicals company's stock valued at $67,000 after acquiring an additional 5,450 shares during the last quarter. Finally, GAMMA Investing LLC raised its position in shares of Green Plains by 1,207.7% during the 4th quarter. GAMMA Investing LLC now owns 14,032 shares of the specialty chemicals company's stock worth $133,000 after acquiring an additional 12,959 shares in the last quarter.

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Green Plains Stock Performance

Shares of NASDAQ:GPRE traded down $0.01 during trading on Tuesday, reaching $5.05. The company had a trading volume of 1,645,413 shares, compared to its average volume of 1,274,625. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.48 and a quick ratio of 0.89. The stock's fifty day moving average price is $7.05 and its 200 day moving average price is $9.88. Green Plains Inc. has a fifty-two week low of $4.78 and a fifty-two week high of $24.04. The firm has a market capitalization of $326.88 million, a price-to-earnings ratio of -3.71 and a beta of 1.55.

Green Plains (NASDAQ:GPRE - Get Free Report) last announced its quarterly earnings data on Friday, February 7th. The specialty chemicals company reported ($0.86) 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 EPS. As a group, equities research analysts predict that Green Plains Inc. will post -0.5 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on GPRE shares. StockNews.com downgraded Green Plains from a "hold" rating to a "sell" rating in a report on Monday, February 10th. Truist Financial reiterated a "buy" rating and set a $12.00 price target (down from $18.00) on shares of Green Plains in a research note on Thursday, February 13th. Stephens upgraded shares of Green Plains to a "hold" rating in a research note on Monday, December 2nd. UBS Group downgraded Green Plains from a "buy" rating to a "neutral" rating and reduced their target price for the company from $20.50 to $7.00 in a report on Tuesday, March 4th. Finally, Jefferies Financial Group downgraded Green Plains from a "buy" rating to a "hold" rating and dropped their price target for the stock from $14.00 to $6.00 in a research note on Tuesday, March 11th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $18.89.

Green Plains 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.