16 July, 2017
Also, insider Todd A. Becker sold 5,600 shares of Green Plains stock in a transaction that occurred on Wednesday, June 14th. On Tuesday, July 21 the stock rating was initiated by Stifel Nicolaus with "Buy". The firm has "Overweight" rating given on Tuesday, July 21 by Barclays Capital.
Based on the latest brokerage notes which have been released to investors, 2 brokers have issued a rating of "strong buy", 4 brokers "buy", 1 brokers "neutral", 0 brokers "sell" and 0 brokers "strong sell". The original version of this story can be viewed at https://transcriptdaily.com/2017/07/15/green-plains-partners-lp-gpp-downgraded-by-zacks-investment-research-updated.html.
07/21/2015 - Macquarie began new coverage on Green Plains Partners LP giving the company a " rating. Royal Bank Of Canada reaffirmed a "buy" rating and issued a $22.00 target price on shares of Green Plains Partners in a research report on Friday, March 24th. Credit Suisse initiated the stock with "Outperform" rating in Tuesday, July 21 report. Roth Capital maintained Green Plains Inc (NASDAQ:GPRE) rating on Monday, November 2. "(NASDAQ:GPRE) Receives $30.40 Average Target Price from Analysts" was originally reported by Chaffey Breeze and is the property of of Chaffey Breeze. If you are viewing this article on another website, it was copied illegally and reposted in violation of United States and global copyright laws. Moreover, Panagora Asset Mgmt has 0% invested in Green Plains Inc (NASDAQ:GPRE) for 7,281 shares. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.
On Wednesday, June 21st, Alain Treuer sold 25,900 shares of Green Plains stock. They now have a Dollars 19 price target on the stock. The stock had a trading volume of 565,800 shares. The stock rose 1.35% or $0.56 reaching $41.99 per share. Company insiders own 6.40% of the company's stock.
Several equities analysts have recently commented on GPP shares. Zebra Capital Management LLC bought a new stake in Green Plains during the fourth quarter worth $328,000. State of Alaska Department of Revenue raised its position in Green Plains by 85.9% in the second quarter. GSA Capital Partners LLP now owns 72,402 shares of the transportation company's stock valued at $1,434,000 after buying an additional 31,210 shares during the last quarter. Raymond James Financial Services Advisors Inc. increased its position in Green Plains Partners by 11.6% in the first quarter. Municipal Employees Retirement System of MI now owns 8,150 shares of the specialty chemicals company's stock worth $202,000 after buying an additional 160 shares in the last quarter. HITE Hedge Asset Management LLC purchased a new stake in Green Plains Partners during the first quarter valued at $322,000. Walnut Private Equity Partners LLC purchased a new position in Green Plains Partners during the first quarter valued at approximately $402,000.
Green Plains (NASDAQ:GPRE) traded up 3.02% during mid-day trading on Tuesday, hitting $20.45. About 92,084 shares traded. The company has a market cap of $816.20 million, a P/E ratio of 25.09 and a beta of 1.42.
The stock's 50 day moving average is 19.02 and its 200 day moving average is 19.61.
Investors wait Green Plains Partners LP (NASDAQ:GPP) to report on August, 7. its quarterly earnings Wall Street analysts expect $0.50 earnings per share, up $0.07 or 16.28 % from last year's $0.43 same quarter earnings. The specialty chemicals company reported ($0.09) earnings per share for the quarter, beating the Zacks' consensus estimate of ($0.18) by $0.09. Green Plains Partners had a net margin of 55.59% and a negative return on equity of 129.01%. The company has market cap of $599.40 million. During the same quarter in the previous year, the firm earned ($0.63) EPS. The company's revenue for the quarter was up 14.3% on a year-over-year basis. Equities research analysts forecast that Green Plains, Inc. will post $0.83 earnings per share for the current fiscal year. Stockholders of record on Friday, May 26th were paid a $0.12 dividend. The ex-dividend date was set for Wednesday the 24th of May 2017. This represents a $0.48 annualized dividend and a dividend yield of 2.40%. The value of the total investment in Green Plains, Inc. decreased from $30,000 to $8,000 a change of 73.3% for the reporting period.
Nomura Asset Mgmt stated it has 0% in Green Plains Inc (NASDAQ:GPRE). The Company owns, operates, develops and acquires ethanol and fuel storage facilities, terminals, transportation assets, and other related assets and businesses.