Renaissance Technologies LLC Purchases 29197 Shares of Green Plains Partners LP (GPP)

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29 May, 2017

The company is the second largest consolidated owner of ethanol production facilities in the world with 17 dry mill plants, producing almost 1.5 billion gallons of ethanol at full capacity. The agribusiness and energy services segment includes grain procurement.

Green Plains Partners (NASDAQ:GPP) last released its quarterly earnings results on Monday, May 1st. They expect $0.38 earnings per share, up 80.95% or $0.17 from last year's $0.21 per share. SCVL's profit will be $9.43M for 9.95 P/E if the $0.54 EPS becomes a reality. The transaction includes feed yards located in Leoti, Kansas and Yuma, Colorado, adding capacity of 155,000 head to the company operations, and positions Green Plains Cattle Company as the fourth largest cattle feeder in the United States with total capacity of more than 255,000 head. Therefore 80% are positive. The company has a 50 day moving average price of $19.89 and a 200-day moving average price of $19.55. Nelson Van Denburg & Campbell Wealth Management Group LLC bought a new position in shares of Green Plains during the third quarter worth $139,000. As per Tuesday, July 21, the company rating was initiated by Robert W. Baird. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. Royal Bank of Canada reissued a "buy" rating and issued a $22.00 price target on shares of Green Plains Partners in a research report on Friday, March 24th. (NASDAQ:SCVL) on Friday, December 11 to "Buy" rating. BB&T Capital initiated it with "Buy" rating and $27 target in Thursday, November 19 report. The Company's parent company is Green Plains Inc (Green Plains). The company has market cap of $949.25 million. The Company owns, operates, develops and acquires ethanol and fuel storage facilities, terminals, transportation assets, and other related assets and businesses. It operates through four segments: Ethanol Production, Agribusiness and Energy Services, Food and Food Ingredients, and Partnership.

Since December 1, 2016, it had 1 insider buy, and 10 selling transactions for $2.57 million activity. They now have a Dollars 25 price target on the stock. Another trade for 2,000 shares valued at $58,530 was sold by MAPES MICHELLE. They now have a Dollars 28 price target on the stock. Bleyl Carl S sold 3,693 shares worth $92,325. The rating was initiated by Mizuho with "Neutral" on Thursday, December 15.

In related news, CEO Todd A. Becker purchased 5,000 shares of the stock in a transaction that occurred on Thursday, March 9th.

Investors sentiment decreased to 1 in 2016 Q4. Its up 0.12, from 1.43 in 2016Q3.

Green Plains Inc.is an ethanol producer.

A hedge fund recently raised its stake in Green Plains stock. Stockholders of record on Friday, May 26th will be paid a dividend of $0.12 per share. Marshall Wace Llp accumulated 72,807 shares or 0.01% of the stock. (NASDAQ:SCVL) or 1,500 shares. This is an increase from Green Plains Partners's previous quarterly dividend of $0.43. Jpmorgan Chase & accumulated 1,298 shares. California State Teachers Retirement has invested 0% in Shoe Carnival, Inc. Blackrock Mgmt Ltd reported 0% of its portfolio in Shoe Carnival, Inc. Following the sale, the director now owns 100,755 shares in the company, valued at $2,550,109.05.

Green Plains Inc. (Green Plains) is a vertically integrated producer, marketer and distributor of ethanol.

It closed at $24.5 lastly. It has underperformed by 29.42% the S&P500. The stock has a consensus rating of "Buy" and an average price target of $21.30. VIVO was included in 6 notes of analysts from July 28, 2015. Roth Capital set a $33.00 target price on shares of Green Plains and gave the company a buy rating in a report on Wednesday, February 8th. 62,718 shares of the company's stock were exchanged. The New York-based Ack Asset Management Llc has invested 0.73% in the stock. Amer Group Incorporated reported 10,319 shares. They now have a Dollars 14 price target on the stock. About shares traded. Meridian Bioscience, Inc. Shoe Carnival, Inc. (NASDAQ:SCVL) has declined 18.77% since October 6, 2016 and is downtrending.

Analysts await Shoe Carnival, Inc. During the same quarter in the prior year, the firm earned ($0.63) EPS. On average, equities analysts anticipate that Green Plains Inc will post $1.27 earnings per share for the current year.

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