Green Plains Partners LP (NASDAQ:GPP) major shareholder Tourbillon Capital Partners, L sold 1,209,043 shares of the business’s stock in a transaction on Wednesday, December 13th. The shares were sold at an average price of $16.02, for a total transaction of $19,368,868.86. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Major shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

Shares of Green Plains Partners LP (NASDAQ:GPP) traded up $0.20 during trading hours on Friday, reaching $17.55. 271,266 shares of the company traded hands, compared to its average volume of 160,433. Green Plains Partners LP has a one year low of $16.50 and a one year high of $21.15. The stock has a market capitalization of $276.25, a price-to-earnings ratio of 9.59, a PEG ratio of 0.64 and a beta of 0.92. The company has a debt-to-equity ratio of -2.13, a current ratio of 1.30 and a quick ratio of 1.30.

Green Plains Partners (NASDAQ:GPP) last announced its earnings results on Wednesday, November 1st. The transportation company reported $0.45 earnings per share (EPS) for the quarter, missing the consensus estimate 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 analysts’ expectations of $28.36 million. During the same quarter last year, the firm posted $0.44 earnings per share. The firm’s revenue 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 fiscal year.

A number of large investors have recently made changes to their positions in GPP. State of New Jersey Common Pension Fund D purchased a new position in Green Plains Partners in the third quarter worth $1,960,000. Arrow Investment Advisors LLC purchased a new position in Green Plains Partners in the second quarter worth $638,000. SNS Financial Group LLC grew its position in Green Plains Partners by 12.9% in the third quarter. SNS Financial Group LLC now owns 270,000 shares of the transportation company’s stock worth $5,427,000 after acquiring an additional 30,875 shares in the last quarter. Arrowstreet Capital Limited Partnership purchased a new position in Green Plains Partners in the second quarter worth $327,000. Finally, Stifel Financial Corp purchased a new position in Green Plains Partners in the third quarter worth $250,000. Institutional investors own 44.24% of the company’s stock.

GPP has been the subject of a number of recent analyst reports. Robert W. Baird restated a “buy” rating and set a $24.00 price target on shares of Green Plains Partners in a research report on Thursday, August 24th. BidaskClub upgraded shares of Green Plains Partners from a “sell” rating to a “hold” rating in a research report on Saturday, August 26th. Zacks Investment Research upgraded shares of Green Plains Partners from a “sell” rating to a “hold” rating in a research report on Wednesday, October 4th. Stifel Nicolaus restated a “buy” rating and set a $21.00 price target on shares of Green Plains Partners in a research report on Thursday, October 12th. Finally, 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. Three analysts have rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the stock. Green Plains Partners presently has a consensus rating of “Hold” and a consensus target price of $21.80.

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About Green Plains Partners

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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