Charles Schwab Investment Management Inc. Boosts Stock Holdings in Green Plains Inc. (NASDAQ:GPRE)

Charles Schwab Investment Management Inc. boosted its stake in shares of Green Plains Inc. (NASDAQ:GPRE) by 21.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,401,476 shares of the specialty chemicals company’s stock after purchasing an additional 250,738 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in Green Plains were worth $13,286,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Van ECK Associates Corp increased its holdings in Green Plains by 433.3% in the fourth quarter. Van ECK Associates Corp now owns 3,344 shares of the specialty chemicals company’s stock valued at $32,000 after buying an additional 2,717 shares during the last quarter. Quest Partners LLC purchased a new position in Green Plains in the third quarter valued at $52,000. KBC Group NV increased its holdings in Green Plains by 120.7% in the fourth quarter. KBC Group NV now owns 6,071 shares of the specialty chemicals company’s stock valued at $58,000 after buying an additional 3,320 shares during the last quarter. Cape Investment Advisory Inc. increased its holdings in shares of Green Plains by 340.6% in the 4th quarter. Cape Investment Advisory Inc. now owns 7,050 shares of the specialty chemicals company’s stock valued at $67,000 after acquiring an additional 5,450 shares during the last quarter. Finally, GAMMA Investing LLC increased its holdings in shares of Green Plains by 1,207.7% in the 4th quarter. GAMMA Investing LLC now owns 14,032 shares of the specialty chemicals company’s stock valued at $133,000 after acquiring an additional 12,959 shares during the last quarter.

Analyst Ratings Changes

A number of research analysts recently commented on GPRE shares. Truist Financial reaffirmed a “buy” rating and issued a $12.00 target price (down from $18.00) on shares of Green Plains in a research report on Thursday, February 13th. UBS Group lowered Green Plains from a “buy” rating to a “neutral” rating and dropped their price objective for the stock from $20.50 to $7.00 in a report on Tuesday, March 4th. Jefferies Financial Group lowered Green Plains from a “buy” rating to a “hold” rating and cut their price target for the stock from $14.00 to $6.00 in a research report on Tuesday, March 11th. Stephens raised Green Plains to a “hold” rating in a report on Monday, December 2nd. Finally, BMO Capital Markets lowered their target price on shares of Green Plains from $13.00 to $8.00 and set a “market perform” rating on the stock in a research report on Monday, February 10th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $18.89.

Green Plains Stock Performance

GPRE stock opened at $5.33 on Friday. The company has a market capitalization of $345.01 million, a price-to-earnings ratio of -3.92 and a beta of 1.55. Green Plains Inc. has a 12 month low of $4.78 and a 12 month high of $24.04. The firm has a 50 day moving average of $7.14 and a two-hundred day moving average of $9.99. The company has a quick ratio of 0.89, a current ratio of 1.48 and a debt-to-equity ratio of 0.49.

Green Plains (NASDAQ:GPRE) last posted its quarterly earnings data on Friday, February 7th. The specialty chemicals company reported ($0.86) earnings per share for the quarter, missing the consensus estimate of ($0.22) by ($0.64). Green Plains had a negative net margin of 3.36% and a negative return on equity of 11.88%. During the same period in the prior year, the firm earned $0.13 earnings per share. As a group, equities analysts anticipate that Green Plains Inc. will post -0.5 EPS for the current fiscal year.

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.