Green Plains Partners LP (NASDAQ:GPP) shares reached a new 52-week low on Friday . The stock traded as low as $15.40 and last traded at $15.40, with a volume of 600 shares. The stock had previously closed at $15.75.

GPP has been the subject of several recent analyst reports. Zacks Investment Research downgraded Green Plains Partners from a “hold” rating to a “strong sell” rating in a research note on Tuesday, July 10th. BidaskClub downgraded Green Plains Partners from a “hold” rating to a “sell” rating in a research note on Wednesday, July 4th. ValuEngine upgraded Green Plains Partners from a “sell” rating to a “hold” rating in a research note on Thursday, June 21st. TheStreet upgraded Green Plains Partners from a “d+” rating to a “c+” rating in a research note on Monday, June 25th. Finally, Roth Capital downgraded Green Plains Partners from a “buy” rating to a “hold” rating and set a $17.00 price target for the company. in a research note on Tuesday, May 8th. Three analysts have rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $19.00.

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 company has a market capitalization of $506.08 million, a price-to-earnings ratio of 8.66, a P/E/G ratio of 0.60 and a beta of 0.61.

Green Plains Partners (NASDAQ:GPP) last posted its quarterly earnings results on Wednesday, August 1st. The transportation company reported $0.42 earnings per share 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 business had revenue of $25.84 million during the quarter, compared to the consensus estimate of $27.16 million. equities analysts forecast that Green Plains Partners LP will post 1.76 EPS for the current year.

The company also recently disclosed a dividend, which will be paid on Monday, October 8th. Stockholders of record on Friday, August 3rd will be issued a dividend of $0.475 per share. 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 acquired 6,000 shares of the firm’s stock in a transaction dated Friday, August 3rd. The shares were acquired at an average cost of $16.37 per share, with a total value of $98,220.00. Following the acquisition, the director now directly owns 10,590 shares of the company’s stock, valued at $173,358.30. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Institutional investors and hedge funds have recently modified their holdings of the company. GSA Capital Partners LLP purchased a new stake in shares of Green Plains Partners during the 2nd quarter worth approximately $206,000. Cavalier Investments LLC purchased a new stake in shares of Green Plains Partners during the 1st quarter worth approximately $213,000. Western Standard LLC purchased a new stake in shares of Green Plains Partners during the 2nd quarter worth approximately $366,000. Stifel Financial Corp raised its holdings in shares of Green Plains Partners by 16.5% during the 1st quarter. Stifel Financial Corp now owns 24,899 shares of the transportation company’s stock worth $434,000 after acquiring an additional 3,526 shares in the last quarter. Finally, Raymond James & Associates raised its holdings in shares of Green Plains Partners by 48.4% during the 4th quarter. Raymond James & Associates now owns 33,535 shares of the transportation company’s stock worth $627,000 after acquiring an additional 10,937 shares in the last quarter. 19.05% of the stock is currently owned by institutional investors and hedge funds.

About Green Plains Partners (NASDAQ:GPP)

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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