Shares of Green Plains Partners LP (NASDAQ:GPP) have received a consensus recommendation of “Hold” from the eight analysts that are covering the firm, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $18.50.

A number of brokerages recently weighed in on GPP. Robert W. Baird reaffirmed a “buy” rating and set a $18.00 price objective (down previously from $20.00) on shares of Green Plains Partners in a report on Friday. Zacks Investment Research raised Green Plains Partners from a “sell” rating to a “hold” rating in a report on Thursday, September 6th. ValuEngine lowered Green Plains Partners from a “sell” rating to a “strong sell” rating in a report on Friday, August 3rd. Stifel Nicolaus dropped their price objective on Green Plains Partners from $19.00 to $18.00 and set a “buy” rating on the stock in a report on Thursday, August 2nd. Finally, Stephens set a $21.00 price objective on Green Plains Partners and gave the stock a “buy” rating in a report on Wednesday, July 25th.

Shares of Green Plains Partners stock traded up $0.70 during trading hours on Friday, hitting $15.80. 23,998 shares of the company were exchanged, compared to its average volume of 38,859. Green Plains Partners has a 1 year low of $15.04 and a 1 year high of $20.39. The company has a debt-to-equity ratio of -2.06, a current ratio of 1.23 and a quick ratio of 1.23. The stock has a market capitalization of $488.58 million, a PE ratio of 8.73, a price-to-earnings-growth ratio of 0.58 and a beta of 0.57.

Green Plains Partners (NASDAQ:GPP) last released its quarterly earnings results on Wednesday, August 1st. The transportation company reported $0.42 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.45 by ($0.03). Green Plains Partners had a negative return on equity of 89.66% and a net margin of 54.40%. The company had revenue of $25.84 million for the quarter, compared to analysts’ expectations of $27.16 million. equities research analysts anticipate that Green Plains Partners will post 1.76 EPS for the current year.

The company also recently announced a dividend, which will be paid on Monday, October 8th. Shareholders of record on Friday, August 3rd will be issued a $0.475 dividend. The ex-dividend date is Thursday, August 2nd. Green Plains Partners’s dividend payout ratio (DPR) is 104.97%.

In other news, Director Martin Salinas bought 6,000 shares of the stock in a transaction on Friday, August 3rd. The shares were bought at an average price of $16.37 per share, with a total value of $98,220.00. Following the completion of the acquisition, the director now owns 10,590 shares of the company’s stock, valued at $173,358.30. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

A number of institutional investors have recently bought and sold shares of GPP. GSA Capital Partners LLP acquired a new stake in Green Plains Partners in the second quarter valued at $206,000. Cavalier Investments LLC acquired a new stake in Green Plains Partners in the first quarter valued at $213,000. Western Standard LLC acquired a new stake in Green Plains Partners in the second quarter valued at $366,000. Stifel Financial Corp grew its holdings in Green Plains Partners by 16.5% in the first quarter. Stifel Financial Corp now owns 24,899 shares of the transportation company’s stock valued at $434,000 after purchasing an additional 3,526 shares during the last quarter. Finally, Raymond James & Associates grew its holdings in Green Plains Partners by 11.4% in the second quarter. Raymond James & Associates now owns 40,143 shares of the transportation company’s stock valued at $688,000 after purchasing an additional 4,123 shares during the last quarter. 16.55% of the stock is currently owned by institutional investors.

About Green Plains Partners

Green Plains Partners LP provides fuel storage and transportation services. It acquires, owns, develops, and operates ethanol and fuel storage tanks, terminals, transportation assets, and other related assets and businesses. The company owns or leases 39 ethanol storage facilities and approximately 61 acres of land.

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