Green Plains Inc. (NASDAQ:GPRE) Shares Bought by MESIROW FINANCIAL INVESTMENT MANAGEMENT Equity & Fixed Income

MESIROW FINANCIAL INVESTMENT MANAGEMENT Equity & Fixed Income grew its holdings in shares of Green Plains Inc. (NASDAQ:GPRE – Get Rating) by 20.8% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 262,470 shares of the specialty chemicals company’s stock after purchasing an additional 45,225 shares during the quarter. MESIROW FINANCIAL INVESTMENT MANAGEMENT Equity & Fixed Income owned approximately 0.49% of Green Plains worth $8,139,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. City State Bank acquired a new position in shares of Green Plains during the 4th quarter valued at about $56,000. Nisa Investment Advisors LLC boosted its position in shares of Green Plains by 50.0% during the 4th quarter. Nisa Investment Advisors LLC now owns 2,100 shares of the specialty chemicals company’s stock valued at $64,000 after acquiring an additional 700 shares during the last quarter. FSB Premier Wealth Management Inc. acquired a new position in shares of Green Plains during the 4th quarter valued at about $69,000. FourThought Financial LLC boosted its position in shares of Green Plains by 25.0% during the 1st quarter. FourThought Financial LLC now owns 3,096 shares of the specialty chemicals company’s stock valued at $96,000 after acquiring an additional 619 shares during the last quarter. Finally, Advisor Group Holdings Inc. boosted its position in shares of Green Plains by 15.7% during the 4th quarter. Advisor Group Holdings Inc. now owns 4,532 shares of the specialty chemicals company’s stock valued at $157,000 after acquiring an additional 616 shares during the last quarter.

Green Plains Trading Up 0.6 %

NASDAQ GPRE traded up $0.23 during trading hours on Friday, reaching $36.91. The company had a trading volume of 984,561 shares, compared to its average volume of 883,467. The stock has a 50-day moving average of $31.95 and a 200 day moving average of $31.05. Green Plains Inc. has a 1-year low of $26.09 and a 1-year high of $44.27. The company has a current ratio of 1.79, a quick ratio of 1.46 and a debt-to-equity ratio of 0.46. The stock has a market capitalization of $2.14 billion, a P/E ratio of -20.62 and a beta of 1.70.

Green Plains (NASDAQ:GPRE – Get Rating) last issued its quarterly earnings results on Tuesday, August 2nd. The specialty chemicals company reported $0.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.11 by $0.62. The company had revenue of $1.01 billion for the quarter, compared to analyst estimates of $929.13 million. Green Plains had a negative net margin of 2.52% and a negative return on equity of 9.05%. The business’s revenue for the quarter was up 39.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.25 earnings per share. As a group, research analysts anticipate that Green Plains Inc. will post -0.09 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, StockNews.com cut shares of Green Plains from a “hold” rating to a “sell” rating in a research report on Thursday, April 14th. One equities research analyst has rated the stock with a sell rating and five have given a buy rating to the company’s stock. According to data from MarketBeat, Green Plains currently has an average rating of “Moderate Buy” and an average price target of $49.60.

Green Plains Profile

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Green Plains Inc produces, markets, and distributes ethanol in the United States and internationally. It operates through three segments: Ethanol Production, Agribusiness and Energy Services, and Partnership. The Ethanol Production segment produces and sells ethanol, including industrial-grade alcohol, distiller grains, and ultra-high protein and corn oil.