82,783 Shares in Green Plains Inc. (NASDAQ:GPRE) Acquired by ExodusPoint Capital Management LP

ExodusPoint Capital Management LP purchased a new position in shares of Green Plains Inc. (NASDAQ:GPRE - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 82,783 shares of the specialty chemicals company's stock, valued at approximately $785,000. ExodusPoint Capital Management LP owned approximately 0.13% of Green Plains as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of GPRE. Principal Financial Group Inc. grew its holdings in Green Plains by 2.9% during the 4th quarter. Principal Financial Group Inc. now owns 313,446 shares of the specialty chemicals company's stock valued at $2,971,000 after purchasing an additional 8,750 shares in the last quarter. Amundi boosted its stake in Green Plains by 50.5% during the 4th quarter. Amundi now owns 87,231 shares of the specialty chemicals company's stock valued at $872,000 after acquiring an additional 29,262 shares during the last quarter. Barclays PLC grew its holdings in Green Plains by 71.5% during the 3rd quarter. Barclays PLC now owns 142,851 shares of the specialty chemicals company's stock worth $1,935,000 after acquiring an additional 59,564 shares in the last quarter. KLP Kapitalforvaltning AS bought a new stake in shares of Green Plains in the 4th quarter worth about $4,249,000. Finally, Assenagon Asset Management S.A. raised its stake in shares of Green Plains by 1,122.1% in the 4th quarter. Assenagon Asset Management S.A. now owns 704,125 shares of the specialty chemicals company's stock valued at $6,675,000 after purchasing an additional 646,507 shares in the last quarter.

Green Plains Stock Performance

GPRE stock traded down $0.06 during trading on Wednesday, reaching $3.57. 450,450 shares of the company's stock were exchanged, compared to its average volume of 1,360,091. The firm has a market cap of $230.76 million, a PE ratio of -2.62 and a beta of 1.20. The company has a quick ratio of 0.89, a current ratio of 1.48 and a debt-to-equity ratio of 0.49. Green Plains Inc. has a 1-year low of $3.26 and a 1-year high of $22.75. The company's fifty day moving average price is $5.28 and its 200-day moving average price is $8.84.

Green Plains (NASDAQ:GPRE - Get Free Report) last released its 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 firm posted $0.13 EPS. On average, research analysts expect that Green Plains Inc. will post -0.5 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. Jefferies Financial Group lowered Green Plains from a "buy" rating to a "hold" rating and lowered their price objective for the company from $14.00 to $6.00 in a report on Tuesday, March 11th. UBS Group cut Green Plains from a "buy" rating to a "neutral" rating and reduced their price objective for the stock from $20.50 to $7.00 in a research note on Tuesday, March 4th. StockNews.com cut shares of Green Plains from a "hold" rating to a "sell" rating in a report on Monday, February 10th. Bank of America lowered shares of 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 report on Tuesday. Finally, BMO Capital Markets decreased their target price on Green Plains from $13.00 to $8.00 and set a "market perform" rating for the company in a research note on Monday, February 10th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Hold" and an average price target 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.