Green Plains Partners LP (NASDAQ:GPP) EVP Michelle Mapes sold 2,692 shares of Green Plains Partners stock in a transaction on Monday, December 11th. The shares were sold at an average price of $19.10, for a total value of $51,417.20. Following the completion of the transaction, the executive vice president now owns 33,148 shares in the company, valued at approximately $633,126.80. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Shares of Green Plains Partners LP (GPP) traded down $0.05 during mid-day trading on Thursday, reaching $18.55. The company had a trading volume of 1,287,500 shares, compared to its average volume of 41,377. The company has a market cap of $296.15, a price-to-earnings ratio of 10.28, a P/E/G ratio of 0.69 and a beta of 0.92. Green Plains Partners LP has a twelve month low of $17.65 and a twelve month high of $21.15. 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 issued its quarterly earnings data on Wednesday, November 1st. The transportation company reported $0.45 earnings per share for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.04). The firm had revenue of $26.45 million for the quarter, compared to the consensus estimate of $28.36 million. Green Plains Partners had a negative return on equity of 92.23% and a net margin of 55.10%. The company’s revenue was up .9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.44 EPS. sell-side analysts anticipate that Green Plains Partners LP will post 1.8 earnings per share for the current fiscal year.

Several brokerages have recently issued reports on GPP. BidaskClub lowered Green Plains Partners from a “hold” rating to a “sell” rating in a research note on Wednesday, October 18th. Zacks Investment Research upgraded Green Plains Partners from a “sell” rating to a “hold” rating in a research note on Wednesday, October 4th. Roth Capital set a $24.00 price target on Green Plains Partners and gave the company a “buy” rating in a research note on Tuesday, October 24th. Robert W. Baird reiterated a “buy” rating and issued a $24.00 price target on shares of Green Plains Partners in a research note on Thursday, August 24th. Finally, Stifel Nicolaus lowered Green Plains Partners from a “buy” rating to a “hold” rating and decreased their price target for the company from $21.00 to $20.00 in a research note on Friday, November 3rd. Three analysts have rated the stock with a sell rating, one has assigned a hold rating and four have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $21.80.

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

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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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