Green Plains Partners LP (NASDAQ:GPP) Director Clayton E. Killinger purchased 2,850 shares of Green Plains Partners stock in a transaction that occurred on Monday, December 18th. The shares were purchased at an average cost of $17.48 per share, with a total value of $49,818.00. Following the transaction, the director now directly owns 27,987 shares of the company’s stock, valued at $489,212.76. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Green Plains Partners LP (GPP) traded up $0.30 during trading hours on Thursday, reaching $18.10. 86,700 shares of the company’s stock were exchanged, compared to its average volume of 49,928. The company has a debt-to-equity ratio of -2.13, a quick ratio of 1.30 and a current ratio of 1.30. Green Plains Partners LP has a fifty-two week low of $16.50 and a fifty-two week high of $21.15. The company has a market cap of $283.42, a P/E ratio of 9.83, a PEG ratio of 0.66 and a beta of 0.92.

Green Plains Partners (NASDAQ:GPP) last posted its earnings results on Wednesday, November 1st. The transportation company reported $0.45 EPS for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.04). Green Plains Partners had a negative return on equity of 92.23% and a net margin of 55.10%. The company had revenue of $26.45 million during the quarter, compared to the consensus estimate of $28.36 million. During the same period last year, the firm posted $0.44 EPS. The company’s revenue for the quarter was up .9% on a year-over-year basis. equities analysts predict that Green Plains Partners LP will post 1.8 earnings per share for the current year.

Large investors have recently bought and sold shares of the business. Raymond James Financial Services Advisors Inc. grew its position in Green Plains Partners by 67.0% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 22,776 shares of the transportation company’s stock worth $426,000 after purchasing an additional 9,141 shares during the period. Arrow Investment Advisors LLC bought a new stake in Green Plains Partners in the 2nd quarter worth approximately $638,000. State of New Jersey Common Pension Fund D bought a new stake in Green Plains Partners in the 3rd quarter worth approximately $1,960,000. Wedbush Securities Inc. bought a new stake in Green Plains Partners in the 2nd quarter worth approximately $213,000. Finally, Arrowstreet Capital Limited Partnership bought a new stake in Green Plains Partners in the 2nd quarter worth approximately $327,000. 44.24% of the stock is owned by institutional investors and hedge funds.

Several brokerages recently weighed in on GPP. BidaskClub raised shares of Green Plains Partners from a “strong sell” rating to a “sell” rating in a research report on Thursday. Zacks Investment Research raised shares of Green Plains Partners from a “sell” rating to a “hold” rating in a research report on Wednesday, October 4th. Roth Capital set a $24.00 price target on shares of Green Plains Partners and gave the company a “buy” rating in a research report on Tuesday, October 24th. Robert W. Baird reissued a “buy” rating and set a $24.00 price target on shares of Green Plains Partners in a research report on Thursday, August 24th. Finally, Stifel Nicolaus downgraded shares of Green Plains Partners from a “buy” rating to a “hold” rating and reduced their price target for the company from $21.00 to $20.00 in a research report on Friday, November 3rd. Three analysts have rated the stock with a sell rating, one has issued a hold rating and four have issued a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $21.80.

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Green Plains Partners Company Profile

Green Plains Partners LP provides fuel storage and transportation services. The Company owns, operates, develops and acquires ethanol and fuel storage facilities, terminals, transportation assets, and other related assets and businesses. The Company’s parent company is Green Plains Inc (Green Plains).

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