Green Plains Inc. (NASDAQ:GPRE) Shares Bought by BNP Paribas Financial Markets

BNP Paribas Financial Markets grew its position in Green Plains Inc. (NASDAQ:GPRE) by 44.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 55,267 shares of the specialty chemicals company’s stock after acquiring an additional 16,980 shares during the quarter. BNP Paribas Financial Markets’ holdings in Green Plains were worth $748,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Dynamic Technology Lab Private Ltd grew its holdings in shares of Green Plains by 292.3% during the third quarter. Dynamic Technology Lab Private Ltd now owns 46,858 shares of the specialty chemicals company’s stock worth $634,000 after buying an additional 34,915 shares in the last quarter. Algert Global LLC acquired a new position in shares of Green Plains during the 3rd quarter worth approximately $1,572,000. Charles Schwab Investment Management Inc. boosted its holdings in shares of Green Plains by 16.0% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,150,738 shares of the specialty chemicals company’s stock worth $15,581,000 after purchasing an additional 159,147 shares during the last quarter. Intech Investment Management LLC acquired a new position in shares of Green Plains during the 3rd quarter worth approximately $215,000. Finally, Quest Partners LLC acquired a new position in shares of Green Plains during the 3rd quarter worth approximately $52,000.

Green Plains Stock Up 1.1 %

Shares of NASDAQ:GPRE opened at $10.89 on Thursday. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.78 and a quick ratio of 1.16. The firm has a market capitalization of $704.05 million, a PE ratio of -28.66 and a beta of 1.45. The firm’s 50-day moving average is $11.58 and its two-hundred day moving average is $13.84. Green Plains Inc. has a 1 year low of $10.18 and a 1 year high of $28.50.

Wall Street Analyst Weigh In

Several research firms have recently commented on GPRE. Truist Financial reduced their price target on shares of Green Plains from $25.00 to $18.00 and set a “buy” rating on the stock in a research report on Wednesday, October 16th. StockNews.com raised shares of Green Plains from a “sell” rating to a “hold” rating in a research report on Friday, December 6th. Stephens raised shares of Green Plains to a “hold” rating in a research report on Monday, December 2nd. Finally, UBS Group decreased their target price on shares of Green Plains from $26.00 to $23.50 and set a “buy” rating on the stock in a research report on Monday, August 19th. Four research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $25.50.

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.