2 days Ago By ABMN Staff
Green Plains Inc. ( NASDAQ:GPRE – Get Free Report ) shot up 6.8% during trading on Tuesday .
The stock traded as high as $9.53 and last traded at $9.52.
189,430 shares traded hands during mid-day trading, a decline of 83% from the average session volume of 1,108,323 shares. The stock had previously closed at $8.91.
Analyst Upgrades and Downgrades Several brokerages recently weighed in on GPRE. Truist Financial cut their price objective 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 upgraded shares of Green Plains from a “sell” rating to a “hold” rating in a report on Friday, December 6th.
Finally, Stephens raised shares of Green Plains to a “hold” rating in a research note on Monday, December 2nd. Four equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat.
com, Green Plains has an average rating of “Moderate Buy” and a consensus target price of $25.50. Get Our Latest Report on Green Plains Green Plains Stock Performance Institutional Trading of Green Plains Hedge funds have recently added to or reduced their stakes in the business.
Charles Schwab Investment Management Inc. increased its position in Green Plains by 16.0% in 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 buying an additional 159,147 shares during the period. Barclays PLC grew its stake in shares of Green Plains by 71.
5% in the third quarter. Barclays PLC now owns 142,851 shares of the specialty chemicals company’s stock worth $1,935,000 after acquiring an additional 59,564 shares during the last quarter. Paloma Partners Management Co acquired a new stake in shares of Green Plains in the third quarter worth $840,000.
Thomist Capital Management LP bought a new position in Green Plains during the second quarter worth $1,011,000. Finally, Point72 Asset Management L.P.
raised its stake in Green Plains by 29.5% during the 3rd quarter. Point72 Asset Management L.
P. now owns 556,095 shares of the specialty chemicals company’s stock valued at $7,530,000 after purchasing an additional 126,795 shares during the last quarter. About Green Plains ( Get Free Report ) 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. Featured Articles Receive News & Ratings for Green Plains Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Green Plains and related companies with MarketBeat.
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