Green Plains Inc (NASDAQ:GPRE) has been assigned a consensus recommendation of “Hold” from the six analysts that are currently covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, one has issued a hold recommendation and two have given a buy recommendation to the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $17.50.

GPRE has been the subject of several research analyst reports. TheStreet downgraded Sabra Health Care REIT from a “b-” rating to a “c+” rating in a research note on Monday, July 1st. Zacks Investment Research downgraded Green Plains from a “hold” rating to a “strong sell” rating in a research note on Thursday, June 27th. ValuEngine raised Yirendai from a “strong sell” rating to a “sell” rating in a research note on Friday, May 3rd. Finally, BidaskClub raised Zynerba Pharmaceuticals from a “hold” rating to a “buy” rating in a research note on Thursday, July 4th.

In related news, Director Alain Treuer sold 9,029 shares of Green Plains stock in a transaction on Wednesday, June 5th. The stock was sold at an average price of $13.06, for a total value of $117,918.74. Following the transaction, the director now owns 329,173 shares in the company, valued at $4,298,999.38. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 5.70% of the stock is currently owned by corporate insiders.

Institutional investors have recently modified their holdings of the stock. Nisa Investment Advisors LLC boosted its stake in Green Plains by 909.1% in the second quarter. Nisa Investment Advisors LLC now owns 3,330 shares of the specialty chemicals company’s stock valued at $36,000 after acquiring an additional 3,000 shares during the period. Campbell & CO Investment Adviser LLC acquired a new stake in Green Plains during the 2nd quarter valued at $463,000. WINTON GROUP Ltd acquired a new stake in Green Plains during the 2nd quarter valued at $134,000. Donald Smith & CO. Inc. acquired a new stake in Green Plains during the 1st quarter valued at $4,055,000. Finally, Great West Life Assurance Co. Can raised its stake in Green Plains by 8.0% during the 1st quarter. Great West Life Assurance Co. Can now owns 53,303 shares of the specialty chemicals company’s stock valued at $888,000 after purchasing an additional 3,961 shares during the period. Hedge funds and other institutional investors own 99.25% of the company’s stock.

Shares of GPRE stock traded up $0.01 during trading hours on Friday, reaching $10.73. 372,910 shares of the company’s stock were exchanged, compared to its average volume of 1,091,597. The business’s 50 day simple moving average is $11.88. Green Plains has a 1 year low of $10.17 and a 1 year high of $19.39. The company has a current ratio of 1.41, a quick ratio of 0.49 and a debt-to-equity ratio of 0.34.

Green Plains (NASDAQ:GPRE) last issued its earnings results on Wednesday, May 8th. The specialty chemicals company reported ($1.06) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.38) by ($0.68). The business had revenue of $642.30 million for the quarter, compared to analysts’ expectations of $779.84 million. Green Plains had a negative return on equity of 10.48% and a negative net margin of 0.08%. The business’s quarterly revenue was down 38.6% on a year-over-year basis. During the same period last year, the company posted ($0.60) earnings per share. On average, equities analysts forecast that Green Plains will post -0.95 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 14th. Investors of record on Friday, May 24th were paid a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 4.47%. The ex-dividend date was Thursday, May 23rd. Green Plains’s payout ratio is currently -22.12%.

Green Plains Company Profile

Green Plains Inc produces, markets, and distributes ethanol in the United States and internationally. The company operates in 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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