Green Plains Inc (GPRE) : Denver Investment Advisors scooped up 263,696 additional shares in Green Plains Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 9, 2016. The investment management firm now holds a total of 1,444,624 shares of Green Plains Inc which is valued at $32,402,916.Green Plains Inc makes up approximately 1.39% of Denver Investment Advisors’s portfolio.
Other Hedge Funds, Including , Los Angeles Capital Management Equity Research Inc sold out all of its stake in GPRE during the most recent quarter. The investment firm sold 29,100 shares of GPRE which is valued $652,713.Swiss National Bank boosted its stake in GPRE in the latest quarter, The investment management firm added 1,900 additional shares and now holds a total of 65,600 shares of Green Plains Inc which is valued at $1,394,656.Cutler Group Lp reduced its stake in GPRE by selling 24,424 shares or 77.36% in the most recent quarter. The Hedge Fund company now holds 7,146 shares of GPRE which is valued at $157,069. Green Plains Inc makes up approx 0.01% of Cutler Group Lp’s portfolio.
Green Plains Inc opened for trading at $22.72 and hit $23.25 on the upside on Wednesday, eventually ending the session at $23.1, with a gain of 1.27% or 0.29 points. The heightened volatility saw the trading volume jump to 4,76,019 shares. Company has a market cap of $883 M.
On the company’s financial health, Green Plains Inc reported $0.21 EPS for the quarter, beating the analyst consensus estimate by $ 0.19 according to the earnings call on Aug 1, 2016. Analyst had a consensus of $0.02. The company had revenue of $887.70 million for the quarter, compared to analysts expectations of $851.09 million. The company’s revenue was up 19.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.19 EPS.
Green Plains Inc. is a producer marketer and distributor of ethanol. The Company operates in four segments: Ethanol Production segment which is engaged in the production of ethanol and related distillers grain; Corn Oil Production segment which is engaged in corn oil extraction systems; Agribusiness segment which is engaged in grain handling and storage and cattle feedlot operations and Marketing and Distribution segment which is engaged in marketing and providing logistical services for ethanol and other commodities for a third-party ethanol producer. It owns an ethanol production facility which includes approximately 100 million gallons per year of production capacity a corn oil extraction system and other related assets. It processes approximately 12 million tons of corn annually producing over 1.2 billion gallons of ethanol approximately 3.4 million tons of livestock feed and approximately 275 million pounds of industrial grade corn oil at full capacity.