Oregon Public Employees Retirement Fund bought a new stake in Green Plains Inc (NASDAQ:GPRE) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 14,804 shares of the specialty chemicals company’s stock, valued at approximately $194,000.

Other hedge funds have also recently made changes to their positions in the company. Rubric Capital Management LP bought a new position in Green Plains during the 3rd quarter valued at $38,700,000. BlackRock Inc. boosted its stake in Green Plains by 2.2% during the 3rd quarter. BlackRock Inc. now owns 6,428,399 shares of the specialty chemicals company’s stock valued at $110,568,000 after acquiring an additional 135,423 shares during the last quarter. Systematic Financial Management LP bought a new position in Green Plains during the 3rd quarter valued at $1,354,000. Dimensional Fund Advisors LP boosted its stake in Green Plains by 1.9% during the 3rd quarter. Dimensional Fund Advisors LP now owns 3,501,626 shares of the specialty chemicals company’s stock valued at $60,228,000 after acquiring an additional 65,365 shares during the last quarter. Finally, Assenagon Asset Management S.A. bought a new position in Green Plains during the 4th quarter valued at $824,000.

A number of research analysts have commented on GPRE shares. Roth Capital reduced their price objective on shares of Green Plains from $25.00 to $16.00 and set a “buy” rating on the stock in a research note on Monday, February 11th. Craig Hallum reduced their price objective on shares of Green Plains from $24.00 to $19.00 and set a “buy” rating on the stock in a research note on Tuesday, February 12th. TheStreet upgraded shares of Green Plains from a “d+” rating to a “c” rating in a research note on Monday, February 11th. ValuEngine upgraded shares of Green Plains from a “sell” rating to a “hold” rating in a research note on Thursday, February 14th. Finally, BidaskClub upgraded shares of Green Plains from a “sell” rating to a “hold” rating in a research note on Thursday, February 14th. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Green Plains presently has an average rating of “Hold” and an average price target of $18.33.

In other Green Plains news, insider Jeffrey S. Briggs sold 18,434 shares of the stock in a transaction on Thursday, December 20th. The shares were sold at an average price of $13.00, for a total transaction of $239,642.00. Following the sale, the insider now directly owns 95,786 shares of the company’s stock, valued at $1,245,218. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Jeffrey S. Briggs sold 44,581 shares of the stock in a transaction on Tuesday, December 18th. The stock was sold at an average price of $13.32, for a total transaction of $593,818.92. Following the sale, the insider now directly owns 114,220 shares in the company, valued at $1,521,410.40. The disclosure for this sale can be found here. Insiders have sold 94,745 shares of company stock worth $1,328,239 over the last three months. 5.90% of the stock is owned by corporate insiders.

NASDAQ GPRE opened at $16.44 on Friday. Green Plains Inc has a 12 month low of $12.00 and a 12 month high of $21.90. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.57 and a current ratio of 1.45. The firm has a market cap of $674.70 million, a price-to-earnings ratio of -7.58 and a beta of 1.20.

Green Plains (NASDAQ:GPRE) last issued its earnings results on Monday, February 11th. The specialty chemicals company reported ($0.96) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.07) by ($0.89). The business had revenue of $827.50 million for the quarter, compared to analyst estimates of $894.16 million. Green Plains had a negative return on equity of 8.63% and a net margin of 0.41%. The firm’s revenue for the quarter was down 10.2% on a year-over-year basis. During the same period last year, the company posted ($0.16) earnings per share. On average, research analysts expect that Green Plains Inc will post -0.3 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Friday, February 22nd were issued a dividend of $0.12 per share. The ex-dividend date of this dividend was Thursday, February 21st. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.92%. Green Plains’s dividend payout ratio (DPR) is -22.12%.

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About Green Plains

Green Plains Inc produces, markets, and distributes ethanol in the United States and internationally. The company operates through four segments: Ethanol Production; Agribusiness and Energy Services; Food and Ingredients; and Partnership. The Ethanol Production segment produces and sells ethanol, distiller grains, and corn oil.

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Institutional Ownership by Quarter for Green Plains (NASDAQ:GPRE)

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