Green Plains, Inc. (GPRE) Reaches 52-Week Low

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The company is up by 0.30% since yesterday’s close of $16.9. It is currently trading at $16.95 which is quite a bit below the 50 day moving average which is $19.15 and quite a bit lower than the 200 day moving average of $22.12. The 50 day moving average was down $-2.15 and the 200 day average went down by -23.15%.

There has been some selling insider activity on Green Plains, Inc. (NASDAQ:GPRE) recently. Alain Treuer, Director sold $23,052 worth of shares at an average price of $19.21 on July 11th. The Director now owns $6,160,801 of the stock as recorded in a recent Form 4 SEC filing. EVP – Gen Counsel Corp Sec Michelle Mapes sold 7,000 shares at a price of $23.23 on Tue the 6th. That brings Mapes’s holdings to $1,082,425 as reported to the SEC.

Green Plains Inc., launched on June 29, 2004, is an ethanol producer. The Company owns and operates assets throughout the ethanol value chain, including upstream, with grain handling and storage through its ethanol production facilities, and downstream, with marketing and distribution services. It operates through four segments: Ethanol Production, Agribusiness and Energy Services, Food and Food Ingredients, and Partnership..

These funds have also shifted positions in (GPRE). As of the end of the quarter Nomura Holdings Inc had bought 75,471 shares growing its holdings by 50.3%. The value of the investment in (GPRE) went from $3,704,000 to $4,629,000 a change of $925,000 quarter over quarter. As of quarter end Susquehanna International Group, Llp had disposed of a total of 89,611 shares trimming its stake by 75.4%. The value of the company’s investment in Green Plains, Inc. decreased from $2,943,000 to $602,000 decreasing 79.5% for the reporting period.

As of the end of the quarter Manufacturers Life Insurance Company, The had disposed of 11,227 shares trimming its position 80.7%. The value in dollars decreased from $344,000 to $55,000 a change of 84.0% quarter to quarter. As of quarter end Dimensional Fund Advisors Lp had acquired 140,096 shares growing its holdings by 4.3%. The value of the investment in Green Plains, Inc. decreased from $79,775,000 to $69,117,000 decreasing 13.4% since the last quarter.

July 11 investment analysts at Jefferies held the stock rating at “Buy” and raised the price target from $36.00 to $38.00.

Green Plains, Inc. announced a dividend for shareholders which will be paid on Friday the 15th of September 2017. The dividend payment will be $0.120 per share for the quarter or $0.48 on an annualized basis. This dividend amount will represent a yeild of $2.78. The ex-dividend date is set for Wednesday the 24th of May 2017.

The most current P/E ratio is 99.42 and market cap is 705.23M. As of the latest earnings report the EPS was $0.17 and is estimated to be $-0.21 for the current year with 41,484,000 shares outstanding. Next quarter’s EPS is estimated at $0.27 and the next full year EPS is projected to be $1.11.