Green Plains Renewable Energy Inc (NASDAQ:GPRE): Positive Stock Sentiment

July 17, 2017 - By Louis Casey

 Green Plains Renewable Energy Inc (NASDAQ:GPRE): Positive Stock Sentiment

Sentiment for Green Plains Renewable Energy Inc (NASDAQ:GPRE)

Green Plains Renewable Energy Inc (NASDAQ:GPRE) institutional sentiment increased to 1.55 in Q4 2016. Its up 0.12, from 1.43 in 2016Q3. The ratio has improved, as 96 hedge funds started new and increased positions, while 62 decreased and sold their holdings in Green Plains Renewable Energy Inc. The hedge funds in our partner’s database now hold: 39.78 million shares, up from 38.43 million shares in 2016Q3. Also, the number of hedge funds holding Green Plains Renewable Energy Inc in their top 10 positions decreased from 3 to 2 for a decrease of 1. Sold All: 11 Reduced: 51 Increased: 57 New Position: 39.

Green Plains Inc. is an ethanol producer. The company has market cap of $822.33 million. The Firm 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 has a 25.07 P/E ratio. It operates through four divisions: Ethanol Production, Agribusiness and Energy Services, Food and Food Ingredients, and Partnership.

The stock decreased 2.44% or $0.5 during the last trading session, reaching $19.95. About 532,114 shares traded. Green Plains Inc (NASDAQ:GPRE) has risen 33.17% since July 17, 2016 and is uptrending. It has outperformed by 16.47% the S&P500.

Analysts expect Green Plains Inc (NASDAQ:GPRE) to report $0.38 EPS on August, 7.They anticipate $0.17 EPS change or 80.95 % from last quarter’s $0.21 EPS. GPRE’s profit would be $15.66 million giving it 13.13 P/E if the $0.38 EPS is correct. After having $-0.09 EPS previously, Green Plains Inc’s analysts see -522.22 % EPS growth.

Bessemer Securities Llc holds 66.11% of its portfolio in Green Plains Inc for 414,200 shares. Harvest Capital Strategies Llc owns 970,000 shares or 3.68% of their US portfolio. Moreover, Tourbillon Capital Partners L.P. has 1.96% invested in the company for 3.65 million shares. The New York-based Pyrrho Capital Management Lp has invested 1.67% in the stock. Granite Investment Partners Llc, a California-based fund reported 367,977 shares.#img1#

Since January 1, 0001, it had 1 buying transaction, and 10 selling transactions for $3.76 million activity.

Green Plains Inc (NASDAQ:GPRE) Ratings Coverage

Ratings analysis reveals 85% of Green Plains Renewable Energy’s analysts are positive. Out of 13 Wall Street analysts rating Green Plains Renewable Energy, 11 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $16 while the high is $35. The stock’s average target of $24.93 is 24.96% above today’s ($19.95) share price. GPRE was included in 17 notes of analysts from July 21, 2015. The firm has “Buy” rating given on Thursday, November 19 by BB&T Capital. The company was initiated on Tuesday, July 21 by Bank of America. The company was maintained on Monday, November 2 by TH Capital. The stock of Green Plains Inc (NASDAQ:GPRE) has “Outperform” rating given on Tuesday, July 21 by Credit Suisse. The company was initiated on Tuesday, July 21 by Barclays Capital. The stock of Green Plains Inc (NASDAQ:GPRE) earned “Neutral” rating by Macquarie Research on Tuesday, July 21. The rating was initiated by Stifel Nicolaus with “Buy” on Tuesday, July 21. The firm has “Buy” rating given on Monday, November 2 by Roth Capital. The stock has “Buy” rating by Jefferies on Monday, July 10. The stock of Green Plains Inc (NASDAQ:GPRE) has “Overweight” rating given on Tuesday, July 21 by Stephens.

More recent Green Plains Inc (NASDAQ:GPRE) news were published by: Fool.com which released: “Green Plains: Buy the Dip?” on June 28, 2017. Also Nasdaq.com published the news titled: “What Falling Estimates & Price Mean for Green Plains (GPRE)” on July 14, 2017. Seekingalpha.com‘s news article titled: “The Best Value In Biofuels” with publication date: July 13, 2017 was also an interesting one.

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