Similar statistics are true for the second largest owner, Tortoise Capital Advisors, L.L.C., which owns 41,667,941 shares of the stock are valued at $1.11 billion.
Roosevelt Investment Group Inc decreased Enterprise Prd Prtnrs Lp (EPD) stake by 18.83% reported in 2016Q4 SEC filing.
Investors who are keeping close eye on the stock of AMC Entertainment Holdings, Inc. Ibex Wealth Advisors bought a new stake in shares of Enterprise Products Partners L.P. during the fourth quarter worth $2,076,000. Raymond James Trust N.A. now owns 109,282 shares of the oil and gas producer's stock worth $3,017,000 after buying an additional 4,148 shares in the last quarter. Moreover, Victory Mgmt has 0.09% invested in Enterprise Products Partners L.P. (NYSE:EPD) for 1.25 million shares. Hilton Capital Management, LLC divested its holdings by shedding 19,028 shares a decrease of 2.3% in the quarter. Thompson Siegel & Walmsley Lc holds 0.01% of its portfolio in Enterprise Products Partners L.P. (NYSE:EPD) for 31,900 shares. Inc. raised its stake in shares of Enterprise Products Partners L.P.by 0.7% in the fourth quarter. Intellectus Partners LLC now owns 5,400 shares of the oil and gas producer's stock valued at $149,000 after buying an additional 399 shares during the period. Pekin Singer Strauss Asset Management IL raised its stake in shares of Enterprise Products Partners L.P.by 5.0% in the fourth quarter. The fund owned 16,122 shares of the oil and gas producer's stock after buying an additional 84 shares during the period. Long-term investors should review current trend forecasts and yearly or five-year trend graphs to understand whether the stock is bearish or bullish or to determine whether the company is performing well. Enterprise Products Partners L.P. has a 12-month low of $24.01 and a 12-month high of $30.25.
Company shares last traded at $26.03 which is marginally under $27.02, the stock's 50 day moving average and which is a tad under the 200 day moving average of $27.50. Its share price has decline -1.66% in three months and is down -2.17% for the last five trades.
Beta is also an important valuation ratio for analyzing the stock of the company, EPD has Beta of 0.9 while its industry and Sector's beta remains at 0.96 and 0.82 respectively. Enterprise Products Partners L.P. accounts for about 40.4% of Sentinel Trust Co. The company has a 50 day moving average price of $27.02 and a 200-day moving average price of $27.50. It dropped, as 46 investors sold Enterprise Products Partners L.P. shares while 258 reduced holdings. (NYSE:EPD) last issued its quarterly earnings results on Thursday, August 3rd. Next quarter's EPS is estimated at $0.37 with next year's EPS projected to be $1.55. The firm had revenue of $6.61 billion during the quarter, compared to the consensus estimate of $6.44 billion. The company's quarterly revenue was up 17.6% on a year-over-year basis. During the same period past year, the firm earned $0.27 EPS. On average, analysts predict that Enterprise Products Partners L.P. will post $1.39 EPS for the current year. Additionally Enterprise Products Partners L. announced a dividend which was paid on Monday the 7th of August 2017. The dividend was $0.420 per share for the quarter or $1.68 on an annualized basis. The ex-dividend date was Thursday, July 27th. Enterprise Products Partners L.P.'s payout ratio is presently 132.28%.
WARNING: This piece of content was reported by Week Herald and is owned by of Week Herald. If you are reading this piece of content on another website, it was illegally stolen and reposted in violation of USA and global trademark & copyright legislation. Cushing Asset L P has invested 3.72% of its portfolio in Enterprise Products Partners L.P. (NYSE:EPD).
Several analysts have recently issued reports on the stock.
Enterprise Products Partners L.P. (EPD) has been given an average price target of $32.73 from analysts, according to data collected by Finviz. On October 10 Deutsche Bank made no change to the stock rating of "Buy" and moved up the price target from $30.00 to $32.00. Stifel Nicolaus restated a "buy" rating and set a $33.00 price objective on shares of Enterprise Products Partners L.P.in a research report on Friday, July 14th. Marble Harbor Counsel Limited Liability has invested 0.08% in Enterprise Products Partners L.P. (NYSE:EPD).
06/15/2017 - Enterprise Products Partners L.P. was upgraded to "overweight" by analysts at Morgan Stanley.
Equity analyst Ladenburg Thalmann started covering the stock setting a rating of "Buy". The company now has an average rating of "Buy" and a consensus price target of $31.81. The Company's divisions include NGL Pipelines & Services; Crude Oil Pipelines & Services; Natural Gas Pipelines & Services, and Petrochemical & Refined Products Services.