Green Plains (NASDAQ:GPRE) Upgraded at StockNews.com

StockNews.com upgraded shares of Green Plains (NASDAQ:GPRE - Free Report) from a sell rating to a hold rating in a report issued on Friday.

Several other research firms have also commented on GPRE. Truist Financial reduced their target price on Green Plains from $25.00 to $18.00 and set a "buy" rating on the stock in a research report on Wednesday, October 16th. Stephens raised shares of Green Plains to a "hold" rating in a research report on Monday. Finally, UBS Group lowered their price objective on Green Plains from $26.00 to $23.50 and set a "buy" rating for the company in a research note on Monday, August 19th. Four analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat.com, Green Plains presently has a consensus rating of "Moderate Buy" and a consensus price target of $25.50.

Green Plains Trading Up 1.8 %

Shares of GPRE traded up $0.19 on Friday, hitting $10.58. 1,274,828 shares of the stock traded hands, compared to its average volume of 1,109,485. The firm has a market capitalization of $684.01 million, a P/E ratio of -27.84 and a beta of 1.44. The company has a quick ratio of 1.16, a current ratio of 1.78 and a debt-to-equity ratio of 0.46. Green Plains has a 1 year low of $10.18 and a 1 year high of $28.50. The stock's 50 day moving average is $11.72 and its two-hundred day moving average is $14.04.

Institutional Investors Weigh In On Green Plains

Hedge funds have recently added to or reduced their stakes in the stock. Kailix Advisors LLC raised its stake in shares of Green Plains by 39.8% during 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 purchasing an additional 382,517 shares in the last quarter. Lumbard & Kellner LLC bought a new stake in shares of Green Plains during the 2nd quarter worth about $4,685,000. American Century Companies Inc. lifted its stake in shares of 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 worth $5,275,000 after acquiring an additional 246,773 shares during the period. Wolf Hill Capital Management LP increased its holdings in shares of Green Plains by 13.7% in the second quarter. Wolf Hill Capital Management LP now owns 1,994,539 shares of the specialty chemicals company's stock valued at $31,633,000 after buying an additional 240,849 shares in the last quarter. Finally, Clifford Capital Partners LLC lifted its position in shares of 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 valued at $8,105,000 after acquiring an additional 178,484 shares during the last quarter.

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.