Green Plains Partners LP (NASDAQ:GPP) has earned an average recommendation of “Hold” from the eight research firms that are covering the firm, MarketBeat Ratings reports. Three research analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and one has assigned a buy recommendation to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $17.50.

GPP has been the topic of a number of recent analyst reports. BidaskClub downgraded shares of Green Plains Partners from a “hold” rating to a “sell” rating in a research report on Friday, February 8th. ValuEngine downgraded shares of Green Plains Partners from a “hold” rating to a “sell” rating in a research report on Tuesday, May 7th. Zacks Investment Research downgraded shares of Green Plains Partners from a “hold” rating to a “sell” rating in a research report on Wednesday, March 13th. Finally, Robert W. Baird downgraded shares of Green Plains Partners from an “outperform” rating to a “neutral” rating and dropped their price objective for the company from $18.00 to $17.00 in a research report on Thursday, March 7th.

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. GSA Capital Partners LLP boosted its stake in Green Plains Partners by 13.1% during the 4th quarter. GSA Capital Partners LLP now owns 11,887 shares of the transportation company’s stock worth $161,000 after purchasing an additional 1,377 shares during the period. Nwam LLC lifted its stake in shares of Green Plains Partners by 9.4% in the 1st quarter. Nwam LLC now owns 25,280 shares of the transportation company’s stock worth $400,000 after acquiring an additional 2,180 shares during the period. Citigroup Inc. lifted its stake in shares of Green Plains Partners by 323.3% in the 4th quarter. Citigroup Inc. now owns 5,503 shares of the transportation company’s stock worth $75,000 after acquiring an additional 4,203 shares during the period. Sigma Planning Corp lifted its stake in shares of Green Plains Partners by 12.0% in the 1st quarter. Sigma Planning Corp now owns 41,675 shares of the transportation company’s stock worth $660,000 after acquiring an additional 4,454 shares during the period. Finally, Raymond James Financial Services Advisors Inc. lifted its stake in shares of Green Plains Partners by 9.6% in the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 50,934 shares of the transportation company’s stock worth $807,000 after acquiring an additional 4,479 shares during the period. 21.12% of the stock is currently owned by hedge funds and other institutional investors.

Shares of NASDAQ:GPP traded down $0.36 during trading hours on Thursday, reaching $14.88. The stock had a trading volume of 17 shares, compared to its average volume of 29,076. Green Plains Partners has a 1 year low of $13.30 and a 1 year high of $17.80. The company has a market cap of $349.65 million, a PE ratio of 9.36 and a beta of 0.49.

Green Plains Partners (NASDAQ:GPP) last announced its quarterly earnings data on Wednesday, May 8th. The transportation company reported $0.43 EPS for the quarter, beating the Zacks’ consensus estimate of $0.29 by $0.14. Green Plains Partners had a net margin of 54.78% and a negative return on equity of 71.28%. The company had revenue of $21.09 million for the quarter, compared to the consensus estimate of $22.33 million. As a group, research analysts expect that Green Plains Partners will post 1.47 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Friday, May 10th. Investors of record on Friday, May 3rd were given a $0.475 dividend. This represents a $1.90 dividend on an annualized basis and a dividend yield of 12.77%. The ex-dividend date of this dividend was Thursday, May 2nd. Green Plains Partners’s dividend payout ratio (DPR) is 119.50%.

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 32 ethanol storage facilities and approximately 49 acres of land.

Featured Article: What factors cause inflation to rise?

Receive News & Ratings for Green Plains Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Green Plains Partners and related companies with MarketBeat.com's FREE daily email newsletter.