Green Plains Partners (NASDAQ:GPP) Share Price Crosses Below Two Hundred Day Moving Average of $12.76

Shares of Green Plains Partners LP (NASDAQ:GPP – Get Rating) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $12.76 and traded as low as $12.26. Green Plains Partners shares last traded at $12.49, with a volume of 55,185 shares.

Green Plains Partners Price Performance

The company has a debt-to-equity ratio of 78.08, a quick ratio of 1.35 and a current ratio of 1.35. The firm has a market capitalization of $290.39 million, a price-to-earnings ratio of 7.26 and a beta of 0.78. The business has a fifty day moving average of $13.06 and a two-hundred day moving average of $12.76.

Green Plains Partners (NASDAQ:GPP – Get Rating) last issued its quarterly earnings data on Wednesday, February 8th. The transportation company reported $0.41 EPS for the quarter. Green Plains Partners had a return on equity of 2,253.33% and a net margin of 50.96%. The firm had revenue of $20.95 million for the quarter.

Green Plains Partners Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 10th. Shareholders of record on Friday, February 3rd were issued a $0.455 dividend. This represents a $1.82 dividend on an annualized basis and a yield of 14.57%. The ex-dividend date was Thursday, February 2nd. Green Plains Partners’s dividend payout ratio is 105.81%.

Insider Buying and Selling at Green Plains Partners

In other Green Plains Partners news, Director Jerry L. Peters sold 5,000 shares of the company’s stock in a transaction on Monday, March 6th. The stock was sold at an average price of $13.03, for a total value of $65,150.00. Following the transaction, the director now directly owns 46,752 shares of the company’s stock, valued at approximately $609,178.56. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

Institutional Trading of Green Plains Partners

Several large investors have recently modified their holdings of the stock. EVR Research LP grew its holdings in shares of Green Plains Partners by 1.0% during the 1st quarter. EVR Research LP now owns 639,800 shares of the transportation company’s stock worth $9,060,000 after purchasing an additional 6,500 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of Green Plains Partners by 12.4% during the 1st quarter. JPMorgan Chase & Co. now owns 274,674 shares of the transportation company’s stock worth $3,889,000 after buying an additional 30,280 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in shares of Green Plains Partners by 19.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 208,739 shares of the transportation company’s stock worth $2,956,000 after buying an additional 34,656 shares during the last quarter. LPL Financial LLC lifted its position in shares of Green Plains Partners by 5.9% during the 4th quarter. LPL Financial LLC now owns 171,696 shares of the transportation company’s stock worth $2,225,000 after buying an additional 9,544 shares during the last quarter. Finally, Blackstone Inc. lifted its position in shares of Green Plains Partners by 26.6% during the 3rd quarter. Blackstone Inc. now owns 63,087 shares of the transportation company’s stock worth $770,000 after buying an additional 13,250 shares during the last quarter. 16.50% of the stock is owned by institutional investors and hedge funds.

Green Plains Partners Company Profile

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Green Plains Partners LP engages in the provision of ethanol and fuel storage, terminal and transportation services by owning, operating, developing and acquiring ethanol and fuel storage tanks, terminals, transportation assets and other related assets and businesses. The company was founded on March 2, 2015 and is headquartered in Omaha, NE.