Green Plains, Inc. $GPRE Shares Bought by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Green Plains, Inc. (NASDAQ:GPRE) by 8,139.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 94,509 shares of the specialty chemicals company’s stock after purchasing an additional 93,362 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Green Plains were worth $1,454,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in GPRE. WINTON GROUP Ltd acquired a new stake in Green Plains during the 2nd quarter worth about $61,000. Quarry LP acquired a new position in shares of Green Plains in the 3rd quarter valued at about $67,000. Aquatic Capital Management LLC purchased a new stake in shares of Green Plains in the third quarter worth about $95,000. Marex Group plc purchased a new stake in shares of Green Plains in the fourth quarter worth about $98,000. Finally, Virtus Advisers LLC acquired a new stake in Green Plains during the fourth quarter worth about $98,000.

Analysts Set New Price Targets

Several research analysts recently weighed in on the company. Wall Street Zen upgraded Green Plains from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 8th. Zacks Research lowered Green Plains from a “hold” rating to a “strong sell” rating in a research report on Thursday, August 6th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Green Plains in a research note on Friday, July 17th. BMO Capital Markets reaffirmed a “market perform” rating on shares of Green Plains in a report on Friday, August 7th. Finally, UBS Group reiterated a “neutral” rating on shares of Green Plains in a research note on Tuesday, August 25th. Three investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Green Plains has an average rating of “Hold” and an average price target of $15.43.

Green Plains Trading Down 2.9%

GPRE stock opened at $14.90 on Friday. Green Plains, Inc. has a 52-week low of $8.65 and a 52-week high of $19.65. The company has a quick ratio of 1.58, a current ratio of 1.99 and a debt-to-equity ratio of 0.45. The firm has a market cap of $1.04 billion, a P/E ratio of 9.37 and a beta of 1.16. The company’s 50-day simple moving average is $16.04 and its 200-day simple moving average is $15.82.

Green Plains (NASDAQ:GPRE) last announced its quarterly earnings results on Thursday, August 6th. The specialty chemicals company reported $0.83 earnings per share for the quarter, beating the consensus estimate of $0.54 by $0.29. The firm had revenue of $446.22 million during the quarter, compared to analyst estimates of $542.38 million. Green Plains had a return on equity of 14.52% and a net margin of 6.78%.During the same quarter in the previous year, the business earned ($1.09) EPS. As a group, equities analysts forecast that Green Plains, Inc. will post 2.04 EPS for the current fiscal year.

Green Plains Company Profile

Green Plains Inc (NASDAQ: GPRE) is an agtech and biorefining company that converts sustainably sourced agricultural commodities, primarily corn, into value-added products. Its operations produce renewable ethanol, which is used as a transportation fuel and fuel additive, along with distillers grains and other feed ingredients for livestock and poultry markets.

The company also produces renewable corn oil for feed and fuel applications and develops higher-protein ingredients designed for animal nutrition and other specialty markets.