Kailix Advisors LLC Has $10.16 Million Position in Green Plains, Inc. $GPRE

Kailix Advisors LLC lifted its stake in shares of Green Plains, Inc. (NASDAQ:GPRE) by 41.4% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,155,323 shares of the specialty chemicals company’s stock after purchasing an additional 338,000 shares during the quarter. Green Plains accounts for 13.8% of Kailix Advisors LLC’s holdings, making the stock its 4th biggest holding. Kailix Advisors LLC owned approximately 1.76% of Green Plains worth $10,155,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of GPRE. GAMMA Investing LLC grew its stake in Green Plains by 192.2% during the third quarter. GAMMA Investing LLC now owns 4,547 shares of the specialty chemicals company’s stock worth $40,000 after buying an additional 2,991 shares in the last quarter. PNC Financial Services Group Inc. boosted its position in shares of Green Plains by 19.0% during the 2nd quarter. PNC Financial Services Group Inc. now owns 10,122 shares of the specialty chemicals company’s stock worth $61,000 after acquiring an additional 1,619 shares in the last quarter. WINTON GROUP Ltd acquired a new stake in shares of Green Plains during the 2nd quarter worth approximately $61,000. R Squared Ltd bought a new position in Green Plains in the second quarter valued at approximately $66,000. Finally, WealthPlan Investment Management LLC raised its position in Green Plains by 15.0% during the second quarter. WealthPlan Investment Management LLC now owns 11,666 shares of the specialty chemicals company’s stock valued at $70,000 after purchasing an additional 1,519 shares in the last quarter.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Green Plains in a report on Thursday, January 22nd. Roth Mkm lowered Green Plains from a “buy” rating to a “neutral” rating and set a $10.00 price objective on the stock. in a research note on Thursday, November 6th. Zacks Research downgraded Green Plains from a “hold” rating to a “strong sell” rating in a research note on Friday, February 6th. Stephens upgraded shares of Green Plains from an “equal weight” rating to an “overweight” rating and raised their price target for the company from $10.00 to $17.00 in a research note on Monday, February 9th. Finally, Wall Street Zen upgraded shares of Green Plains from a “hold” rating to a “buy” rating in a research report on Saturday. Three equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $12.25.

Green Plains Stock Performance

Green Plains stock opened at $13.70 on Friday. The business has a 50 day moving average of $11.08 and a 200-day moving average of $10.20. The company has a market capitalization of $956.81 million, a P/E ratio of -7.25, a P/E/G ratio of 1.21 and a beta of 1.54. Green Plains, Inc. has a 1 year low of $3.14 and a 1 year high of $15.64. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.79 and a quick ratio of 1.24.

Green Plains (NASDAQ:GPRE) last posted its earnings results on Thursday, February 5th. The specialty chemicals company reported $0.17 EPS for the quarter, topping the consensus estimate of $0.07 by $0.10. Green Plains had a negative net margin of 5.80% and a negative return on equity of 8.70%. The business had revenue of $428.85 million for the quarter, compared to the consensus estimate of $536.56 million. During the same period last year, the company earned ($0.86) EPS. The firm’s revenue was down 26.6% compared to the same quarter last year. On average, equities research analysts predict that Green Plains, Inc. will post -0.5 earnings per share for the current year.

About Green Plains

Green Plains Inc is a leading producer of fuel-grade ethanol and related co-products in the United States. Headquartered in Omaha, Nebraska, the company operates an integrated network of biorefineries that convert corn and other grains into renewable fuels. Through its production facilities, Green Plains supplies ethanol to domestic fuel markets and export channels, supporting efforts to reduce greenhouse gas emissions and promote cleaner-burning transportation options.

Beyond ethanol, Green Plains manufactures a range of co-products that add value throughout the agricultural supply chain.