Green Plains Inc. (NASDAQ:GPRE) Shares Sold by Cooper Creek Partners Management LLC

Cooper Creek Partners Management LLC decreased its position in Green Plains Inc. (NASDAQ:GPRE - Free Report) by 56.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,794,744 shares of the specialty chemicals company's stock after selling 2,281,441 shares during the quarter. Cooper Creek Partners Management LLC owned 2.78% of Green Plains worth $17,014,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in GPRE. CenterBook Partners LP purchased a new position in Green Plains during the 4th quarter worth $10,940,000. Assenagon Asset Management S.A. boosted its stake in shares of Green Plains by 1,122.1% during the fourth quarter. Assenagon Asset Management S.A. now owns 704,125 shares of the specialty chemicals company's stock worth $6,675,000 after buying an additional 646,507 shares during the period. Invesco Ltd. grew its holdings in shares of Green Plains by 92.0% during the fourth quarter. Invesco Ltd. now owns 1,020,129 shares of the specialty chemicals company's stock worth $9,671,000 after buying an additional 488,870 shares during the last quarter. KLP Kapitalforvaltning AS purchased a new position in shares of Green Plains during the fourth quarter worth about $4,249,000. Finally, Trexquant Investment LP raised its stake in Green Plains by 177.5% during the 4th quarter. Trexquant Investment LP now owns 469,639 shares of the specialty chemicals company's stock valued at $4,452,000 after acquiring an additional 300,413 shares during the last quarter.

Green Plains Price Performance

GPRE traded down $0.08 during trading on Thursday, reaching $3.40. 2,107,535 shares of the stock were exchanged, compared to its average volume of 1,371,706. 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 business's 50 day moving average price is $5.22 and its two-hundred day moving average price is $8.80. Green Plains Inc. has a 1 year low of $3.26 and a 1 year high of $22.75. The company has a market capitalization of $220.08 million, a price-to-earnings ratio of -2.50 and a beta of 1.20.

Green Plains (NASDAQ:GPRE - Get Free Report) last released its quarterly earnings results on Friday, February 7th. The specialty chemicals company reported ($0.86) EPS for the quarter, missing the consensus estimate of ($0.22) by ($0.64). Green Plains had a negative net margin of 3.36% and a negative return on equity of 11.88%. During the same quarter last year, the business earned $0.13 earnings per share. As a group, equities research analysts anticipate that Green Plains Inc. will post -0.5 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research analysts have weighed in on GPRE shares. StockNews.com lowered Green Plains from a "hold" rating to a "sell" rating in a report on Monday, February 10th. Truist Financial restated a "buy" rating and issued a $12.00 target price (down previously from $18.00) on shares of Green Plains in a research note on Thursday, February 13th. BMO Capital Markets dropped their target price on Green Plains from $13.00 to $8.00 and set a "market perform" rating on the stock in a research report on Monday, February 10th. Jefferies Financial Group downgraded Green Plains from a "buy" rating to a "hold" rating and cut their target price for the stock from $14.00 to $6.00 in a research note on Tuesday, March 11th. Finally, Bank of America downgraded Green Plains from a "buy" rating to a "neutral" rating and decreased their price target for the company from $10.00 to $4.50 in a research note on Tuesday. One research analyst has rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $16.50.

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.