Jane Street Group LLC Has $138,000 Position in Green Plains Inc (GPRE)

Jane Street Group LLC decreased its position in shares of Green Plains Inc (NASDAQ:GPRE) by 43.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,527 shares of the specialty chemicals company’s stock after selling 7,973 shares during the period. Jane Street Group LLC’s holdings in Green Plains were worth $138,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of GPRE. Municipal Employees Retirement System of Michigan purchased a new position in Green Plains during the fourth quarter worth about $403,000. Metropolitan Life Insurance Co. NY boosted its holdings in Green Plains by 426.2% during the fourth quarter. Metropolitan Life Insurance Co. NY now owns 14,217 shares of the specialty chemicals company’s stock worth $186,000 after purchasing an additional 11,515 shares during the last quarter. Highbridge Capital Management LLC purchased a new position in Green Plains during the fourth quarter worth about $8,731,000. Principal Financial Group Inc. boosted its holdings in Green Plains by 0.5% during the fourth quarter. Principal Financial Group Inc. now owns 316,053 shares of the specialty chemicals company’s stock worth $4,143,000 after purchasing an additional 1,604 shares during the last quarter. Finally, Brandywine Global Investment Management LLC boosted its holdings in Green Plains by 5.8% during the fourth quarter. Brandywine Global Investment Management LLC now owns 22,200 shares of the specialty chemicals company’s stock worth $292,000 after purchasing an additional 1,220 shares during the last quarter.

GPRE opened at $16.89 on Friday. The company has a quick ratio of 0.57, a current ratio of 1.45 and a debt-to-equity ratio of 0.28. Green Plains Inc has a twelve month low of $12.00 and a twelve month high of $21.90.

Green Plains (NASDAQ:GPRE) last released 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 company had revenue of $827.50 million during the quarter, compared to analysts’ expectations of $894.16 million. Green Plains had a net margin of 0.41% and a negative return on equity of 8.63%. The firm’s revenue was down 10.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.16) earnings per share. Sell-side analysts anticipate that Green Plains Inc will post -0.3 earnings per share for the current year.

Several research analysts recently weighed in on GPRE shares. BidaskClub cut shares of Green Plains from a “hold” rating to a “sell” rating in a report on Thursday, December 27th. ValuEngine cut shares of Green Plains from a “hold” rating to a “sell” rating in a report on Friday, February 8th. Roth Capital cut their price target on shares of Green Plains from $25.00 to $16.00 and set a “buy” rating on the stock in a report on Monday, February 11th. Craig Hallum cut their price target on shares of Green Plains from $24.00 to $19.00 and set a “buy” rating on the stock in a report on Tuesday, February 12th. Finally, TheStreet upgraded shares of Green Plains from a “d+” rating to a “c” rating in a report on Monday, February 11th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $18.33.

In other Green Plains news, EVP Paul E. Kolomaya sold 3,500 shares of the business’s stock in a transaction dated Thursday, March 21st. The shares were sold at an average price of $17.19, for a total value of $60,165.00. Following the transaction, the executive vice president now directly owns 81,859 shares in the company, valued at $1,407,156.21. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Michelle Mapes sold 5,000 shares of the business’s stock in a transaction dated Wednesday, March 13th. The shares were sold at an average price of $16.16, for a total transaction of $80,800.00. Following the completion of the transaction, the insider now owns 47,740 shares in the company, valued at $771,478.40. The disclosure for this sale can be found here. Over the last quarter, insiders sold 44,759 shares of company stock worth $719,462. Corporate insiders own 5.70% of the company’s stock.

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Green Plains Profile

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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