Monaco Asset Management SAM Takes $970,000 Position in Green Plains Inc. (NASDAQ:GPRE)

Monaco Asset Management SAM purchased a new stake in shares of Green Plains Inc. (NASDAQ:GPRE - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 102,278 shares of the specialty chemicals company's stock, valued at approximately $970,000. Monaco Asset Management SAM owned approximately 0.16% of Green Plains at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of GPRE. SG Americas Securities LLC boosted its holdings in shares of Green Plains by 4.1% in the 4th quarter. SG Americas Securities LLC now owns 37,479 shares of the specialty chemicals company's stock valued at $355,000 after acquiring an additional 1,488 shares during the last quarter. Van ECK Associates Corp boosted its holdings in Green Plains by 433.3% during the fourth quarter. Van ECK Associates Corp now owns 3,344 shares of the specialty chemicals company's stock worth $32,000 after buying an additional 2,717 shares in the last quarter. New York State Teachers Retirement System boosted its holdings in Green Plains by 4.7% during the fourth quarter. New York State Teachers Retirement System now owns 65,154 shares of the specialty chemicals company's stock worth $618,000 after buying an additional 2,900 shares in the last quarter. Inspire Advisors LLC boosted its holdings in Green Plains by 21.7% during the fourth quarter. Inspire Advisors LLC now owns 16,605 shares of the specialty chemicals company's stock worth $157,000 after buying an additional 2,959 shares in the last quarter. Finally, KBC Group NV boosted its holdings in Green Plains by 120.7% during the fourth quarter. KBC Group NV now owns 6,071 shares of the specialty chemicals company's stock worth $58,000 after buying an additional 3,320 shares in the last quarter.

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Wall Street Analyst Weigh In

GPRE has been the topic of a number of recent analyst reports. Jefferies Financial Group downgraded shares of Green Plains from a "buy" rating to a "hold" rating and lowered their price target for the stock from $14.00 to $6.00 in a report on Tuesday, March 11th. Stephens raised shares of Green Plains to a "hold" rating in a report on Monday, December 2nd. BMO Capital Markets decreased their price objective on shares of Green Plains from $13.00 to $8.00 and set a "market perform" rating on the stock in a report on Monday, February 10th. StockNews.com downgraded shares of Green Plains from a "hold" rating to a "sell" rating in a report on Monday, February 10th. Finally, UBS Group downgraded shares of Green Plains from a "buy" rating to a "neutral" rating and decreased their price objective for the company from $20.50 to $7.00 in a report on Tuesday, March 4th. One research analyst has rated the stock with a sell rating, five have given a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $18.89.

Green Plains Price Performance

Shares of NASDAQ GPRE traded down $0.39 during mid-day trading on Tuesday, reaching $5.21. The company's stock had a trading volume of 1,983,749 shares, compared to its average volume of 1,220,253. The stock has a 50-day moving average of $7.51 and a two-hundred day moving average of $10.19. The stock has a market capitalization of $337.24 million, a P/E ratio of -3.83 and a beta of 1.55. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.89 and a current ratio of 1.48. Green Plains Inc. has a 1-year low of $4.78 and a 1-year high of $24.04.

Green Plains (NASDAQ:GPRE - Get Free Report) last released its quarterly earnings data on Friday, February 7th. The specialty chemicals company reported ($0.86) earnings per share (EPS) for the quarter, missing the consensus estimate 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 last year, the firm earned $0.13 EPS. On average, equities research analysts anticipate that Green Plains Inc. will post -0.5 EPS for the current fiscal year.

Green Plains Company 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.