Green Plains Inc. (NASDAQ:GPRE) is Kailix Advisors LLC’s 6th Largest Position

Kailix Advisors LLC lifted its position in shares of Green Plains Inc. (NASDAQ:GPRE) by 25.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 644,610 shares of the specialty chemicals company’s stock after buying an additional 131,404 shares during the quarter. Green Plains makes up 9.1% of Kailix Advisors LLC’s investment portfolio, making the stock its 6th largest position. Kailix Advisors LLC owned about 1.08% of Green Plains worth $16,257,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Grantham Mayo Van Otterloo & Co. LLC increased its position in shares of Green Plains by 11.9% in the third quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 5,479,901 shares of the specialty chemicals company’s stock worth $164,945,000 after acquiring an additional 584,257 shares in the last quarter. Maven Securities LTD boosted its stake in Green Plains by 100.0% during the 3rd quarter. Maven Securities LTD now owns 600,000 shares of the specialty chemicals company’s stock valued at $18,060,000 after acquiring an additional 300,000 shares during the last quarter. Tudor Investment Corp Et Al bought a new position in Green Plains during the 3rd quarter valued at $4,475,000. William Blair Investment Management LLC boosted its stake in Green Plains by 7.6% during the 3rd quarter. William Blair Investment Management LLC now owns 1,740,748 shares of the specialty chemicals company’s stock valued at $52,397,000 after acquiring an additional 123,244 shares during the last quarter. Finally, Ballast Asset Management LP bought a new position in Green Plains during the 3rd quarter valued at $3,387,000.

Insider Buying and Selling at Green Plains

In other Green Plains news, Director Ejnar A. Knudsen III acquired 4,000 shares of Green Plains stock in a transaction on Monday, February 12th. The shares were purchased at an average cost of $24.73 per share, with a total value of $98,920.00. Following the completion of the purchase, the director now owns 40,913 shares in the company, valued at $1,011,778.49. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 3.20% of the company’s stock.

Green Plains Price Performance

NASDAQ:GPRE traded up $0.24 during mid-day trading on Friday, hitting $21.40. The company’s stock had a trading volume of 851,611 shares, compared to its average volume of 1,169,081. Green Plains Inc. has a fifty-two week low of $19.44 and a fifty-two week high of $36.02. The company has a current ratio of 1.90, a quick ratio of 1.34 and a debt-to-equity ratio of 0.50. The stock has a fifty day moving average of $21.85 and a 200-day moving average of $23.71. The company has a market capitalization of $1.38 billion, a price-to-earnings ratio of -13.21 and a beta of 1.60.

Green Plains (NASDAQ:GPRE) last announced its quarterly earnings data on Wednesday, February 7th. The specialty chemicals company reported $0.12 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.04). Green Plains had a negative net margin of 2.83% and a negative return on equity of 9.67%. The business had revenue of $712.39 million during the quarter, compared to the consensus estimate of $782.01 million. During the same period in the previous year, the business posted ($0.66) earnings per share. Green Plains’s revenue was down 22.1% compared to the same quarter last year. As a group, equities analysts forecast that Green Plains Inc. will post 0.47 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on GPRE shares. UBS Group dropped their target price on shares of Green Plains from $33.50 to $31.00 and set a “buy” rating on the stock in a report on Monday, March 4th. Truist Financial reaffirmed a “buy” rating and issued a $35.00 price objective on shares of Green Plains in a report on Tuesday, March 26th. The Goldman Sachs Group reduced their price objective on shares of Green Plains from $39.00 to $34.00 and set a “buy” rating for the company in a research report on Tuesday, January 30th. TheStreet lowered shares of Green Plains from a “c-” rating to a “d+” rating in a research report on Wednesday, February 7th. Finally, Roth Mkm reiterated a “buy” rating and issued a $55.00 target price on shares of Green Plains in a report on Monday, March 25th. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Green Plains has a consensus rating of “Moderate Buy” and a consensus price target of $37.40.

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.