Green Plains (GPRE) Stake Held by Private Management Group Inc; Spartan Mtrs (SPAR) Holder Gsa Capital Partners Llp Has Lowered Position as Stock Rose

June 13, 2018 - By Kurt Siggers

Spartan Motors, Inc. (NASDAQ:SPAR) Logo

Gsa Capital Partners Llp decreased its stake in Spartan Mtrs Inc (SPAR) by 39.31% based on its latest 2018Q1 regulatory filing with the SEC. Gsa Capital Partners Llp sold 62,242 shares as the company’s stock rose 6.27% while stock markets declined. The hedge fund held 96,107 shares of the capital goods company at the end of 2018Q1, valued at $1.65M, down from 158,349 at the end of the previous reported quarter. Gsa Capital Partners Llp who had been investing in Spartan Mtrs Inc for a number of months, seems to be less bullish one the $547.05 million market cap company. The stock decreased 3.12% or $0.5 during the last trading session, reaching $15.5. About 111,046 shares traded. Spartan Motors, Inc. (NASDAQ:SPAR) has risen 89.41% since June 13, 2017 and is uptrending. It has outperformed by 76.84% the S&P500. Some Historical SPAR News: 29/03/2018 – Bloomberg Markets: Spartan Race Partners with Craft Sportswear; 16/04/2018 – Spartan Energy Corp. Announces Strategic Business Combination With Vermilion Energy Inc; 03/05/2018 – Spartan Motors Raises 2018 View To Adj EPS 60c-Adj EPS 66c; 08/05/2018 – Quantenna’s Spartan Solutions Gain Momentum With Multiple Design Wins Worldwide; 15/05/2018 – Spartan Motors Says Tom Ninneman Has Been Promoted to Chief Operating Officer; 16/04/2018 – VERMILION ENERGY TO BUY SPARTAN ENERGY,IMPLIED VALUE ~C$1.4B; 16/04/2018 – Vermilion to Buy Spartan Energy for C$1.23 Billion (Correct); 16/04/2018 – SPARTAN ENERGY – PURSUANT TO ARRANGEMENT AGREEMENT, A NON-COMPLETION FEE OF $40 MLN WILL BE PAYABLE BY SPARTAN IN SOME CIRCUMSTANCES; 13/03/2018 – Spartan Motors Highlights Supplier Excellence During Annual Conference; 03/05/2018 – Spartan Motors 1Q Adj EPS 9c

Private Management Group Inc increased its stake in Green Plains Inc (GPRE) by 14.06% based on its latest 2018Q1 regulatory filing with the SEC. Private Management Group Inc bought 160,246 shares as the company’s stock rose 6.68% while stock markets declined. The institutional investor held 1.30M shares of the basic industries company at the end of 2018Q1, valued at $21.84M, up from 1.14M at the end of the previous reported quarter. Private Management Group Inc who had been investing in Green Plains Inc for a number of months, seems to be bullish on the $857.67 million market cap company. The stock increased 4.67% or $0.925 during the last trading session, reaching $20.725. About 832,276 shares traded or 33.26% up from the average. Green Plains Inc. (NASDAQ:GPRE) has declined 5.03% since June 13, 2017 and is downtrending. It has underperformed by 17.60% the S&P500. Some Historical GPRE News: 07/05/2018 – GREEN PLAINS SAYS ETHANOL INDUSTRY LIKELY TO REMAIN FRAGMENTED; 13/03/2018 – Luzich Partners Buys New 1.7% Position in Green Plains; 16/04/2018 – Green Plains Closes Above 200-Day Moving Average: Technicals; 07/05/2018 – GREEN PLAINS SAYS IT’S HOPEFUL ABOUT CHANCES FOR E-15 WAIVER; 07/05/2018 – Green Plains 1Q Rev $1.05B; 16/05/2018 – GREEN PLAINS SAYS IT’S RECEIVING `INBOUND CALLS’ FOR ASSETS; 18/05/2018 – Green Plains Forms Golden Cross: Technicals; 24/04/2018 – Report: Exploring Fundamental Drivers Behind Enzo Biochem, The Hackett Group, Rexford Industrial Realty, Green Plains, United C; 04/04/2018 – U.S. ethanol groups bristle as EPA frees refiners from biofuels law; 09/05/2018 – Green Plains Declares Quarterly Cash Dividend

Investors sentiment increased to 1.28 in Q1 2018. Its up 0.22, from 1.06 in 2017Q4. It increased, as 11 investors sold GPRE shares while 39 reduced holdings. 18 funds opened positions while 46 raised stakes. 42.68 million shares or 0.10% more from 42.63 million shares in 2017Q4 were reported. Aperio Ltd Liability Corporation reported 10,919 shares or 0% of all its holdings. 22,187 were accumulated by D E Shaw &. The Virginia-based Virginia Retirement Et Al has invested 0% in Green Plains Inc. (NASDAQ:GPRE). Gsa Cap Llp accumulated 0.1% or 108,673 shares. Pnc Grp Inc accumulated 0% or 331 shares. Alliancebernstein Lp reported 0% of its portfolio in Green Plains Inc. (NASDAQ:GPRE). Hightower Llc reported 0.03% stake. Comml Bank Of Montreal Can reported 24,504 shares or 0% of all its holdings. Bnp Paribas Arbitrage Sa holds 32,417 shares. New York-based Quantbot Technology LP has invested 0% in Green Plains Inc. (NASDAQ:GPRE). 5.80 million are held by Blackrock. Daruma Mngmt Ltd Limited Liability Company holds 3.31 million shares. Teachers Retirement Sys Of The State Of Kentucky owns 11,560 shares or 0% of their US portfolio. Parkside State Bank Tru accumulated 50 shares. Geode Management Ltd Co owns 350,660 shares for 0% of their portfolio.

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 had 29 analyst reports since July 21, 2015 according to SRatingsIntel. BB&T Capital initiated Green Plains Inc. (NASDAQ:GPRE) on Thursday, November 19 with “Buy” rating. On Monday, November 2 the stock rating was maintained by Roth Capital with “Buy”. As per Wednesday, February 7, the company rating was maintained by Piper Jaffray. Credit Suisse maintained the shares of GPRE in report on Wednesday, November 18 with “Outperform” rating. As per Thursday, June 15, the company rating was maintained by Jefferies. Macquarie Research initiated Green Plains Inc. (NASDAQ:GPRE) rating on Tuesday, July 21. Macquarie Research has “Neutral” rating and $16 target. Jefferies maintained Green Plains Inc. (NASDAQ:GPRE) rating on Friday, September 15. Jefferies has “Buy” rating and $25.0 target. Stifel Nicolaus initiated the shares of GPRE in report on Tuesday, July 21 with “Buy” rating. The firm has “Outperform” rating given on Tuesday, July 21 by Credit Suisse. The stock of Green Plains Inc. (NASDAQ:GPRE) has “Hold” rating given on Friday, July 14 by Piper Jaffray.

Since February 26, 2018, it had 0 insider buys, and 2 insider sales for $299,333 activity. MAPES MICHELLE sold 7,000 shares worth $134,883.

Private Management Group Inc, which manages about $2.22 billion and $1.87 billion US Long portfolio, decreased its stake in Navistar Intl Corp New by 845,000 shares to 7.82M shares, valued at $8.02M in 2018Q1, according to the filing. It also reduced its holding in Hawaiian Telcom Holdco Inc (NASDAQ:HCOM) by 12,660 shares in the quarter, leaving it with 436,427 shares, and cut its stake in Autonation Inc (NYSE:AN).

Gsa Capital Partners Llp, which manages about $4.63 billion and $1.89B US Long portfolio, upped its stake in Danaher Corp Del (NYSE:DHR) by 9,891 shares to 17,600 shares, valued at $1.72M in 2018Q1, according to the filing. It also increased its holding in Bryn Mawr Bk Corp (NASDAQ:BMTC) by 11,500 shares in the quarter, for a total of 17,900 shares, and has risen its stake in Cvr Partners Lp (NYSE:UAN).

Analysts await Spartan Motors, Inc. (NASDAQ:SPAR) to report earnings on August, 1. They expect $0.12 earnings per share, up 71.43% or $0.05 from last year’s $0.07 per share. SPAR’s profit will be $4.24 million for 32.29 P/E if the $0.12 EPS becomes a reality. After $0.09 actual earnings per share reported by Spartan Motors, Inc. for the previous quarter, Wall Street now forecasts 33.33% EPS growth.

Among 4 analysts covering Spartan Motors (NASDAQ:SPAR), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Spartan Motors had 9 analyst reports since August 6, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Saturday, August 8 by Zacks. The stock of Spartan Motors, Inc. (NASDAQ:SPAR) earned “Buy” rating by Roth Capital on Tuesday, October 17. The stock of Spartan Motors, Inc. (NASDAQ:SPAR) has “Buy” rating given on Wednesday, January 25 by Roth Capital. The company was initiated on Tuesday, July 26 by Craig Hallum. The stock has “Neutral” rating by Seaport Global Securities on Friday, November 6. The rating was initiated by TH Capital on Wednesday, January 25 with “Buy”. The rating was maintained by Roth Capital with “Buy” on Tuesday, August 1. Zacks upgraded Spartan Motors, Inc. (NASDAQ:SPAR) rating on Thursday, August 6. Zacks has “Hold” rating and $5.25 target.

Since December 15, 2017, it had 0 insider purchases, and 5 selling transactions for $392,583 activity. The insider KIVELL THOMAS sold $120,765. On Friday, December 15 GUILLAUME STEPHEN K sold $41,155 worth of Spartan Motors, Inc. (NASDAQ:SPAR) or 2,650 shares.

Investors sentiment increased to 1.34 in Q1 2018. Its up 0.16, from 1.18 in 2017Q4. It is positive, as 12 investors sold SPAR shares while 41 reduced holdings. 38 funds opened positions while 33 raised stakes. 23.19 million shares or 3.35% more from 22.44 million shares in 2017Q4 were reported. 15,950 are owned by Voya Invest Management Ltd Company. Kbc Gru Nv reported 0.01% in Spartan Motors, Inc. (NASDAQ:SPAR). Fifth Third Bancorporation, Ohio-based fund reported 32 shares. Wesbanco Bancshares accumulated 64,501 shares or 0.06% of the stock. 364,075 are owned by Zuckerman Investment Gp Limited Co. Advisory Services Ltd Liability Corporation reported 68 shares. Victory Cap has invested 0% in Spartan Motors, Inc. (NASDAQ:SPAR). Swiss Retail Bank holds 56,800 shares. Putnam Invests Ltd Liability reported 80,300 shares. 601,188 were accumulated by State Street Corporation. Fuller And Thaler Asset Management Incorporated has 0.08% invested in Spartan Motors, Inc. (NASDAQ:SPAR). Monarch Prtnrs Asset Management Ltd Liability Co invested 0.05% in Spartan Motors, Inc. (NASDAQ:SPAR). Wedge Cap L Limited Partnership Nc owns 47,500 shares for 0.01% of their portfolio. Morgan Stanley accumulated 115,971 shares. Art Advsrs Ltd Liability Corporation has 0.04% invested in Spartan Motors, Inc. (NASDAQ:SPAR).

More recent Spartan Motors, Inc. (NASDAQ:SPAR) news were published by: Prnewswire.com which released: “Spartan Motors’ Utilimaster® Displays Walk-in Van For Urban Utility Service At Electric Utility Fleet Managers Conference” on June 12, 2018. Also Prnewswire.com published the news titled: “Spartan Motors Receives Grant for Job Creation and Long-term Investment in Ephrata, Pennsylvania Truck Body …” on May 17, 2018. Seekingalpha.com‘s news article titled: “Spartan Motors updates on tech and new warranty” with publication date: May 25, 2018 was also an interesting one.

Green Plains Inc. (NASDAQ:GPRE) Institutional Positions Chart

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