Green Plains, Inc. (NASDAQ:GPRE) is expected to pay $0.12 on Dec 16, 2016. The indicated annual dividend is $0.48. Shareholders owning the stock before Nov 22, 2016 will be eligible to receive the payout. Based on Green Plains, Inc.’s current price of $24.75, the dividend is 0.48%. This dividend’s record date is Nov 25, 2016 and the announcement date is Nov 17, 2016. The stock increased 1.64% or $0.4 on November 18, hitting $24.75. Green Plains Inc (NASDAQ:GPRE) has risen 40.07% since April 19, 2016 and is uptrending. It has outperformed by 36.21% the S&P500.
Green Plains Inc. is a vertically integrated producer, marketer and distributor of ethanol. The company has a market cap of $965.22 million. The Firm operates through four divisions: Ethanol Production, Agribusiness, Marketing and Distribution, and Partnership. It currently has negative earnings. The Company’s ethanol production segment is engaged in the production of ethanol and related distillers grain.
Insitutional Activity: The institutional sentiment increased to 1.43 in 2016 Q2. Its up 0.63, from 0.8 in 2016Q1. The ratio is positive, as 25 funds sold all Green Plains Inc shares owned while 51 reduced positions. 15 funds bought stakes while 46 increased positions. They now own 35.70 million shares or 1.26% more from 35.25 million shares in 2016Q1.
Dimensional Fund Advisors Limited Partnership has 0.04% invested in the company for 3.26 million shares. Wellington Shields Capital Ltd Liability Co accumulated 11,000 shares or 0.04% of the stock. Pdts Prns Limited Liability Company holds 87,400 shares or 0.14% of its portfolio. Shell Asset has invested 0% of its portfolio in Green Plains Inc (NASDAQ:GPRE). The Illinois-based Guggenheim Capital Limited Co has invested 0.01% in Green Plains Inc (NASDAQ:GPRE). Group One Trading L P last reported 23,916 shares in the company. Canada Pension Plan Board holds 0% of its portfolio in Green Plains Inc (NASDAQ:GPRE) for 21,400 shares. D E Shaw & Inc owns 1.35 million shares or 0.05% of their US portfolio. Moreover, Pinebridge Ltd Partnership has 0% invested in Green Plains Inc (NASDAQ:GPRE) for 4,514 shares. Gsa Cap Prtn Ltd Liability Partnership holds 0.02% or 19,372 shares in its portfolio. Bancorporation Of Mellon has 0% invested in the company for 538,979 shares. Plante Moran Fincl Advsrs Ltd Co last reported 239 shares in the company. Moreover, Ladenburg Thalmann Fincl Ser has 0% invested in Green Plains Inc (NASDAQ:GPRE) for 1,288 shares. Voya Inv Limited Liability Co holds 0% of its portfolio in Green Plains Inc (NASDAQ:GPRE) for 17,416 shares. Luminus Mngmt Ltd last reported 0.03% of its portfolio in the stock.
Insider Transactions: Since June 3, 2016, the stock had 1 buy, and 3 selling transactions for $547,826 net activity. $70,023 worth of Green Plains Inc (NASDAQ:GPRE) shares were sold by Cronin Walter S. Anderson James D bought $24,000 worth of Green Plains Inc (NASDAQ:GPRE) on Tuesday, November 15. PETERS JERRY L had sold 10,000 shares worth $251,033. 10,000 shares with value of $250,770 were sold by GLADE GORDON FREDRICK on Tuesday, November 8.
Green Plains Inc (NASDAQ:GPRE) Ratings Coverage
Out of 11 analysts covering Green Plains Renewable Energy (NASDAQ:GPRE), 10 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 91% are positive. Green Plains Renewable Energy has been the topic of 14 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The stock of Green Plains Inc (NASDAQ:GPRE) earned “Outperform” rating by RBC Capital Markets on Tuesday, July 21. As per Tuesday, July 21, the company rating was initiated by Barclays Capital. Bank of America initiated the stock with “Buy” rating in Tuesday, July 21 report. The stock of Green Plains Inc (NASDAQ:GPRE) earned “Buy” rating by TH Capital on Monday, November 2. Stephens initiated Green Plains Inc (NASDAQ:GPRE) rating on Tuesday, July 21. Stephens has “Overweight” rating and $22 price target. The firm earned “Buy” rating on Thursday, November 19 by BB&T Capital. The firm has “Neutral” rating by Macquarie Research given on Tuesday, July 21. Goldman Sachs upgraded Green Plains Inc (NASDAQ:GPRE) on Thursday, August 13 to “Neutral” rating. The rating was initiated by Credit Suisse on Tuesday, July 21 with “Outperform”. Robert W. Baird initiated the stock with “Outperform” rating in Tuesday, July 21 report.
More notable recent Green Plains Inc (NASDAQ:GPRE) news were published by: Bloomberg.com which released: “Green Plains Seeks to Buy Two Ethanol Mills for $200 Million” on June 14, 2016, also Bloomberg.com with their article: “Green Plains May Spend $275 Million to Get Into Food Business” published on August 10, 2016, Seekingalpha.com published: “Green Plains, Inc. Is Becoming One Of My Favorite Growth Stories” on August 30, 2016. More interesting news about Green Plains Inc (NASDAQ:GPRE) were released by: Omaha.com and their article: “Green Plains to buy 3 ethanol plants, increasing its production by 20 percent” published on August 23, 2016 as well as Reuters.com‘s news article titled: “BRIEF-Green plains inc enters into a credit agreement to partially fund th…” with publication date: October 03, 2016.
GPRE Company Profile
Green Plains Inc. (Green Plains), incorporated on June 29, 2004, is a vertically integrated producer, marketer and distributor of ethanol. The Firm operates through four divisions: Ethanol Production, Agribusiness, Marketing and Distribution, and Partnership. The Firm has activities throughout the ethanol value chain, beginning upstream with its grain handling and storage operations, continuing through its ethanol, distiller’s grains and corn oil production operations, and ending downstream with its ethanol marketing, distribution and blending facilities. In addition, the Company owns an ethanol production facility in Hereford, Texas, which includes approximately 100 million gallons yearly of production capacity, a corn oil extraction system and other related assets.
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