Clifford Capital Partners LLC Has $9.27 Million Holdings in Green Plains, Inc. $GPRE

Clifford Capital Partners LLC lessened its holdings in shares of Green Plains, Inc. (NASDAQ:GPRE) by 24.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,054,158 shares of the specialty chemicals company’s stock after selling 332,803 shares during the quarter. Clifford Capital Partners LLC owned approximately 1.51% of Green Plains worth $9,266,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Vanguard Group Inc. grew its position in Green Plains by 2.5% during the third quarter. Vanguard Group Inc. now owns 4,051,231 shares of the specialty chemicals company’s stock valued at $35,610,000 after purchasing an additional 99,242 shares in the last quarter. Wolf Hill Capital Management LP increased its stake in Green Plains by 19.6% in the 3rd quarter. Wolf Hill Capital Management LP now owns 1,291,815 shares of the specialty chemicals company’s stock valued at $11,355,000 after buying an additional 211,303 shares during the period. CenterBook Partners LP lifted its position in Green Plains by 76.3% in the 2nd quarter. CenterBook Partners LP now owns 1,165,273 shares of the specialty chemicals company’s stock worth $7,027,000 after buying an additional 504,433 shares in the last quarter. Kailix Advisors LLC lifted its position in Green Plains by 41.4% in the 3rd quarter. Kailix Advisors LLC now owns 1,155,323 shares of the specialty chemicals company’s stock worth $10,155,000 after buying an additional 338,000 shares in the last quarter. Finally, Bank of America Corp DE boosted its stake in shares of Green Plains by 25.9% during the 2nd quarter. Bank of America Corp DE now owns 950,113 shares of the specialty chemicals company’s stock valued at $5,729,000 after buying an additional 195,556 shares during the period.

Green Plains Trading Down 2.3%

Shares of GPRE stock opened at $15.81 on Friday. Green Plains, Inc. has a 12 month low of $3.14 and a 12 month high of $16.51. The company has a market cap of $1.10 billion, a PE ratio of -8.37, a price-to-earnings-growth ratio of 0.73 and a beta of 1.46. The company has a quick ratio of 1.24, a current ratio of 1.79 and a debt-to-equity ratio of 0.47. The business’s 50 day moving average is $12.98 and its two-hundred day moving average is $11.08.

Green Plains (NASDAQ:GPRE) last issued its quarterly earnings data on Thursday, February 5th. The specialty chemicals company reported $0.17 earnings per share for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $536.56 million. During the same period in the previous year, the company earned ($0.86) earnings per share. Green Plains’s revenue for the quarter was down 26.6% on a year-over-year basis. Equities analysts predict that Green Plains, Inc. will post -0.5 EPS for the current year.

Analysts Set New Price Targets

Several research firms have recently commented on GPRE. Wall Street Zen upgraded shares of Green Plains from a “hold” rating to a “buy” rating in a report on Saturday, February 14th. Stephens raised Green Plains from an “equal weight” rating to an “overweight” rating and lifted their price objective for the company from $10.00 to $17.00 in a research report on Monday, February 9th. Zacks Research upgraded Green Plains from a “strong sell” rating to a “hold” rating in a research note on Monday, March 9th. Oppenheimer upped their target price on Green Plains from $14.00 to $16.00 and gave the stock an “outperform” rating in a research report on Friday, February 6th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Green Plains in a research note on Thursday, January 22nd. Three investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $13.14.

Green Plains Company Profile

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.