Gabelli Funds LLC acquired a new position in Green Plains Partners LP (NASDAQ:GPP – Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 21,000 shares of the transportation company’s stock, valued at approximately $312,000.
Several other institutional investors have also added to or reduced their stakes in the company. Goldman Sachs Group Inc. raised its stake in shares of Green Plains Partners by 229.4% during the second quarter. Goldman Sachs Group Inc. now owns 548,427 shares of the transportation company’s stock valued at $7,097,000 after acquiring an additional 381,934 shares in the last quarter. Fifth Lane Capital LP purchased a new stake in shares of Green Plains Partners in the second quarter valued at approximately $3,805,000. Cowen AND Company LLC purchased a new stake in shares of Green Plains Partners in the second quarter valued at approximately $2,250,000. Barclays PLC purchased a new stake in shares of Green Plains Partners in the third quarter valued at approximately $2,558,000. Finally, Citigroup Inc. purchased a new stake in shares of Green Plains Partners in the second quarter valued at approximately $927,000. Institutional investors own 16.50% of the company’s stock.
Green Plains Partners Stock Down 0.6 %
Green Plains Partners stock opened at $12.31 on Monday. The business has a fifty day moving average of $12.48 and a two-hundred day moving average of $13.27. The firm has a market cap of $286.33 million, a P/E ratio of 7.60 and a beta of 0.75. Green Plains Partners LP has a twelve month low of $11.72 and a twelve month high of $16.25.
Wall Street Analyst Weigh In
Green Plains Partners Profile
Green Plains Partners LP provides fuel storage and transportation services in the United States. The company acquires, owns, develops, and operates ethanol and fuel storage facilities, terminals, transportation assets, and other related assets and businesses. It also owns and operates a fleet of 19 trucks and tankers for transportation of ethanol and other products.
- Five stocks we like better than Green Plains Partners
- 2 Fintech Stocks to Buy Now and 1 to Avoid
- MarketBeat Week in Review – 2/5 – 2/9
- Airline Stocks – Top Airline Stocks to Buy Now
- Cloudflare results spark analysts reset: 25% upside ahead
- Best ESG Stocks: 11 Best Stocks for ESG Investing
- Beyond Nvidia: The hidden stars with 200% earnings growth
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.