Green Plains Partners LP (GPP) Director Clayton E. Killinger Purchases 2,850 Shares

Green Plains Partners LP (NASDAQ:GPP) Director Clayton E. Killinger purchased 2,850 shares of the stock in a transaction dated Monday, December 18th. The stock was acquired 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 in the company, valued at approximately $489,212.76. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Green Plains Partners LP (GPP) traded up $0.20 during trading hours on Monday, reaching $17.75. 238,040 shares of the company were exchanged, compared to its average volume of 49,694. Green Plains Partners LP has a 12 month low of $16.50 and a 12 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. The stock has a market capitalization of $564.66 and a PE ratio of 9.70.

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 the Zacks’ consensus estimate of $0.49 by ($0.04). Green Plains Partners had a net margin of 55.10% and a negative return on equity of 92.23%. The firm had revenue of $26.45 million for the quarter, compared to analysts’ expectations of $28.36 million. During the same period in the previous year, the company earned $0.44 EPS. The company’s revenue was up .9% on a year-over-year basis. equities analysts anticipate that Green Plains Partners LP will post 1.8 earnings per share for the current fiscal year.

Several equities research analysts have recently weighed in on the stock. BidaskClub cut shares of Green Plains Partners from a “hold” rating to a “sell” rating in a research report on Wednesday, October 18th. 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 stock a “buy” rating in a research report on Tuesday, October 24th. Robert W. Baird reissued a “buy” rating and set a $24.00 target price on shares of Green Plains Partners in a research report on Thursday, August 24th. Finally, Stifel Nicolaus cut shares of Green Plains Partners from a “buy” rating to a “hold” rating and decreased their target price for the company from $21.00 to $20.00 in a research report on Friday, November 3rd. Three research analysts have rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating to the company. Green Plains Partners presently has an average rating of “Hold” and an average price target of $21.80.

Large investors have recently bought and sold shares of the stock. Acrospire Investment Management LLC lifted its position in Green Plains Partners by 54.7% during the second quarter. Acrospire Investment Management LLC now owns 6,370 shares of the transportation company’s stock valued at $119,000 after acquiring an additional 2,252 shares during the last quarter. WealthPLAN Partners LLC purchased a new stake in Green Plains Partners during the second quarter valued at approximately $210,000. Wedbush Securities Inc. purchased a new position in shares of Green Plains Partners in the second quarter worth $213,000. Stifel Financial Corp purchased a new position in shares of Green Plains Partners in the third quarter worth $250,000. Finally, Arrowstreet Capital Limited Partnership purchased a new position in shares of Green Plains Partners in the second quarter worth $327,000. 44.24% of the stock is owned by institutional investors.

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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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