Green Plains Inc: Mariko Gordon’s Daruma Capital Management Llc Bought Stake

February 15, 2018 - By Rusty Cady

 Green Plains Inc: Mariko Gordon's Daruma Capital Management Llc Bought Stake

Investors sentiment increased to 1.24 in 2017 Q3. Its up 0.18, from 1.06 in 2017Q2. It is positive, as 26 investors sold Green Plains Inc. shares while 32 reduced holdings. 22 funds opened positions while 50 raised stakes. 44.55 million shares or 6.11% more from 41.99 million shares in 2017Q2 were reported.

Sit Associates Inc holds 14,200 shares or 0.01% of its portfolio. Envestnet Asset Mgmt holds 0% in Green Plains Inc. (NASDAQ:GPRE) or 2,554 shares. Deutsche Savings Bank Ag has invested 0.01% in Green Plains Inc. (NASDAQ:GPRE). State Of Alaska Department Of Revenue invested in 7,729 shares or 0.01% of the stock. Legal & General Grp Inc Plc accumulated 118,852 shares. First Trust Ltd Partnership invested 0.01% of its portfolio in Green Plains Inc. (NASDAQ:GPRE). Swiss Financial Bank invested in 0% or 60,000 shares. Tourbillon Cap Prtn Limited Partnership reported 1.04M shares. Bridgeway Management reported 154,450 shares. Laurion Cap Mngmt Ltd Partnership holds 0.01% in Green Plains Inc. (NASDAQ:GPRE) or 154,552 shares. Cornerstone Cap Holding Ltd Liability Company has invested 0.01% in Green Plains Inc. (NASDAQ:GPRE). Employees Retirement Of Ohio owns 8,675 shares for 0% of their portfolio. Canada Pension Plan Board accumulated 129,200 shares. Great West Life Assurance Can reported 52,352 shares. 1.59 million are owned by Carlson Lp.

Since September 7, 2017, it had 0 insider purchases, and 1 sale for $19,026 activity.

The New Mariko Gordon’s Daruma Capital Management Llc Holding in Green Plains Inc

Daruma Capital Management Llc reported SC 13G form with the SEC for Green Plains Inc. Access it here: 000108514618000821. As reported by Mariko Gordon’s Daruma Capital Management Llc, the filler owns 8.39% or 3,452,925 shares of the Energy–company.

Green Plains Inc stake is new for [reportingPerson]. Date of activity: December 31, 2017. This shows Mariko Gordon’s Daruma Capital Management Llc’s positive view for Green Plains Inc. For a hedge fund managing $2.31 billion in assets and having 20+ experts this is interesting position.

The hedge fund is investor in the Energy sector. In the manager’s last 13-F, we saw 9% of Mariko Gordon’s Daruma Capital Management Llc’s portfolio is in the sector.

Green Plains Inc Institutional Sentiment

Filings show 149 investors own Green Plains Inc. The ownership in Q3 2015 is high, at Infinity of the outstanding shares. This is increased by 7637076. 45872931 were owned by these investors. 18 funds opened new Green Plains Inc stakes, 61 increased positions. There were 53 that closed positions and 51 reduced them.

2 investors had the stock in their top 10. Some are: Bessemer Securities Llc..

Secor Capital Advisors Lp is an investor bullish on Green Plains Inc, owning 73806 shares as of Q3 2015 for 0.45% of its portfolio. Jason Karp Tourbillon Capital Partners Lp owns 3431569 shares or 1.75% of its portfolio. NY Bessemer Securities Llc have 3.10% of its portfolio for 414200 shares. Further, Lorem Ipsum Management Llc reported stake worth 3.56% of its portfolio. The NY Candlewood Investment Group Lp owns 1237804 shares. Green Plains Inc is 20.13% of its portfolio.

Business Profile

Green Plains Inc. 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. The ethanol production segment includes production of ethanol, distillers grains and corn oil. The agribusiness and energy services segment includes grain procurement. The food and food ingredients segment includes a cattle feedlot operation. The Company’s master limited partnership, Green Plains Partners LP (the partnership), provides fuel storage and transportation services by owning, operating, developing and acquiring ethanol and fuel storage tanks, terminals, transportation assets and other related assets and businesses.

SEC Form 13G.

Mariko Gordon’s Daruma Capital Management Llc website.

The stock increased 0.26% or $0.05 during the last trading session, reaching $19.25. About 305,509 shares traded. Green Plains Inc. (NASDAQ:GPRE) has risen 33.17% since February 15, 2017 and is uptrending. It has outperformed by 16.47% the S&P500.

Green Plains Inc. produces, markets, and distributes ethanol in the United States and internationally. The company has market cap of $792.37 million. The firm operates through four divisions: Ethanol Production; Agribusiness and Energy Services; Food and Food Ingredients; and Partnership. It has a 13.13 P/E ratio. The Ethanol Production segment produces and sells ethanol, distiller grains, and corn oil.

Green Plains Inc. (NASDAQ:GPRE) Ratings Coverage

Among 16 analysts covering Green Plains Renewable Energy (NASDAQ:GPRE), 15 have Buy rating, 0 Sell and 1 Hold. Therefore 94% are positive. Green Plains Renewable Energy has $35 highest and $16 lowest target. $24.31’s average target is 26.29% above currents $19.25 stock price. Green Plains Renewable Energy had 29 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Green Plains Inc. (NASDAQ:GPRE) earned “Hold” rating by Piper Jaffray on Monday, July 24. The rating was maintained by Roth Capital on Tuesday, October 24 with “Buy”. As per Thursday, August 13, the company rating was upgraded by Goldman Sachs. The rating was maintained by Jefferies on Friday, September 15 with “Buy”. As per Tuesday, July 21, the company rating was initiated by Stifel Nicolaus. Barclays Capital initiated it with “Overweight” rating and $21 target in Tuesday, July 21 report. RBC Capital Markets initiated it with “Outperform” rating and $18 target in Tuesday, July 21 report. Credit Suisse maintained the shares of GPRE in report on Wednesday, November 18 with “Outperform” rating. Piper Jaffray maintained the stock with “Hold” rating in Friday, July 14 report. The firm has “Buy” rating by Jefferies given on Monday, July 10.

More notable recent Green Plains Inc. (NASDAQ:GPRE) news were published by: Seekingalpha.com which released: “Green Plains’ (GPRE) CEO Todd Becker on Q4 2017 Results – Earnings Call Transcript” on February 09, 2018, also Seekingalpha.com with their article: “Green Plains: A Deep-Value Play?” published on December 12, 2017, Seekingalpha.com published: “Green Plains Inc. Q4 Earnings Forecast” on January 30, 2018. More interesting news about Green Plains Inc. (NASDAQ:GPRE) were released by: Globenewswire.com and their article: “Green Plains Partners Increases Quarterly Distribution” published on January 18, 2018 as well as Seekingalpha.com‘s news article titled: “Green Plains, Inc. Earnings Forecast For Q3 2017” with publication date: October 26, 2017.

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