Paloma Partners Management Co bought a new stake in shares of Green Plains Inc. (NASDAQ:GPRE - Free Report) during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 62,005 shares of the specialty chemicals company's stock, valued at approximately $840,000. Paloma Partners Management Co owned about 0.10% of Green Plains as of its most recent filing with the SEC.
Several other institutional investors have also recently added to or reduced their stakes in the company. Point72 Hong Kong Ltd purchased a new position in Green Plains during the second quarter worth approximately $29,000. Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of Green Plains during the second quarter valued at approximately $41,000. Quest Partners LLC acquired a new position in shares of Green Plains during the third quarter worth $52,000. nVerses Capital LLC purchased a new position in shares of Green Plains in the third quarter valued at $65,000. Finally, DRW Securities LLC purchased a new position in shares of Green Plains in the second quarter valued at $168,000.
Green Plains Price Performance
GPRE traded down $0.72 on Tuesday, reaching $10.64. The company had a trading volume of 816,482 shares, compared to its average volume of 1,110,629. The company has a market capitalization of $687.88 million, a P/E ratio of -28.00 and a beta of 1.44. The company has a current ratio of 1.78, a quick ratio of 1.16 and a debt-to-equity ratio of 0.46. The company has a fifty day moving average of $11.89 and a 200-day moving average of $14.15. Green Plains Inc. has a one year low of $10.36 and a one year high of $28.50.
Wall Street Analysts Forecast Growth
A number of research firms have weighed in on GPRE. StockNews.com raised shares of Green Plains from a "sell" rating to a "hold" rating in a research report on Thursday, November 28th. Truist Financial decreased their price target on shares of Green Plains from $25.00 to $18.00 and set a "buy" rating for the company in a research report on Wednesday, October 16th. Craig Hallum cut their price target on shares of Green Plains from $34.00 to $26.00 and set a "buy" rating on the stock in a report on Wednesday, August 7th. UBS Group cut their target price on shares of Green Plains from $26.00 to $23.50 and set a "buy" rating on the stock in a research note on Monday, August 19th. Finally, BMO Capital Markets decreased their price target on Green Plains from $22.00 to $17.00 and set a "market perform" rating for the company in a research note on Wednesday, August 7th. Four investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $25.50.
View Our Latest Stock Report on Green Plains
Green Plains Company Profile
(
Free Report)
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.
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![Institutional Ownership by Quarter for Green Plains (NASDAQ:GPRE)](https://www.marketbeat.com/scripts/SECFilingChart.ashx?Prefix=NASDAQ&Symbol=GPRE)
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