Inspire Investing LLC Acquires 13,154 Shares of Green Plains Inc. (NASDAQ:GPRE)

Inspire Investing LLC increased its holdings in shares of Green Plains Inc. (NASDAQ:GPRE) by 39.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 46,241 shares of the specialty chemicals company’s stock after purchasing an additional 13,154 shares during the quarter. Inspire Investing LLC owned 0.07% of Green Plains worth $438,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the company. Clearbridge Investments LLC lifted its holdings in Green Plains by 0.7% in the second quarter. Clearbridge Investments LLC now owns 103,690 shares of the specialty chemicals company’s stock valued at $1,645,000 after acquiring an additional 739 shares during the period. New York State Teachers Retirement System lifted its holdings in Green Plains by 2.3% in the third quarter. New York State Teachers Retirement System now owns 62,254 shares of the specialty chemicals company’s stock valued at $843,000 after acquiring an additional 1,400 shares during the period. SG Americas Securities LLC lifted its holdings in Green Plains by 4.1% in the fourth quarter. SG Americas Securities LLC now owns 37,479 shares of the specialty chemicals company’s stock valued at $355,000 after acquiring an additional 1,488 shares during the period. Point72 Hong Kong Ltd bought a new position in Green Plains in the second quarter valued at about $29,000. Finally, Point72 Asia Singapore Pte. Ltd. bought a new position in Green Plains in the second quarter valued at about $41,000.

Green Plains Stock Performance

NASDAQ:GPRE opened at $9.37 on Friday. The company has a current ratio of 1.78, a quick ratio of 1.16 and a debt-to-equity ratio of 0.46. Green Plains Inc. has a 12-month low of $8.81 and a 12-month high of $25.24. The stock has a 50-day moving average price of $10.12 and a 200 day moving average price of $12.45. The stock has a market capitalization of $605.77 million, a P/E ratio of -24.66, a P/E/G ratio of 1.18 and a beta of 1.46.

Wall Street Analyst Weigh In

GPRE has been the topic of a number of recent research reports. Truist Financial lowered their target price on Green Plains from $25.00 to $18.00 and set a “buy” rating on the stock in a report on Wednesday, October 16th. StockNews.com raised Green Plains from a “sell” rating to a “hold” rating in a research note on Friday, December 6th. Finally, Stephens raised Green Plains to a “hold” rating in a research note on Monday, December 2nd. Four research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, the company currently has an average 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.