Out of 14 analysts covering Energy Transfer Partners (NYSE:ETP), 13 rate it “Buy”, 0 “Sell”, while 3 “Hold”. This means 81% are positive. Energy Transfer Partners was the topic in 17 analyst reports since August 10, 2015 according to StockzIntelligence Inc. Below is a list of Energy Transfer Partners LP (NYSE:ETP) latest ratings and price target changes.
26/02/2016 Broker: Stifel Nicolaus Rating: Buy Old Target: $33.00 New Target: $32.00 Maintain
25/02/2016 Broker: Bank of America Old Rating: Buy New Rating: Neutral Downgrade
08/02/2016 Broker: Robert W. Baird Old Rating: Outperform New Rating: Neutral Old Target: $51.00 New Target: $25.00 Downgrade
04/02/2016 Broker: JP Morgan Rating: Overweight New Target: $47.00 Target Down
22/01/2016 Broker: Oppenheimer Old Rating: Outperform New Rating: Perform Downgrade
14/01/2016 Broker: Jefferies Rating: New Target: $47.00 Target Down
18/12/2015 Broker: Jefferies Rating: Buy New Target: $48 Initiate
24/11/2015 Broker: RBC Capital Markets Rating: Outperform Old Target: $67 New Target: $63 Maintain
18/11/2015 Broker: Deutsche Bank Rating: Buy Old Target: $61.00 New Target: $52.00 Maintain
06/11/2015 Broker: Credit Suisse Rating: Outperform New Target: $68.00 Target Up
The stock increased 2.20% or $0.63 during the last trading session, hitting $29.33. About 6.68 million shares traded hands. Energy Transfer Partners LP (NYSE:ETP) has declined 42.96% since July 30, 2015 and is downtrending. It has underperformed by 37.50% the S&P500.
Energy Transfer Partners, L.P. is a master limited partnership. The company has a market cap of $15.62 billion. The Company’s operating divisions include Intrastate Transportation and Storage segment; Interstate Transportation and Storage segment; Midstream segment; Liquids Transportation and Services segment; Investment in Sunoco Logistics segment; Retail Marketing segment and All Other segment. It has 1659.88 P/E ratio. It is engaged in natural gas operations, including natural gas midstream and intrastate transportation and storage, and interstate natural gas transportation and storage; Liquids operations, including NGL transportation, storage and fractionation services; product and crude oil operations, including product and crude oil transportation, terminalling services and acquisition and marketing activities and retail marketing of gasoline and middle distillates.
The institutional sentiment decreased to 0.84 in 2015 Q3. Its down 2.07, from 2.91 in 2015Q2. The ratio is negative, as 76 funds sold all Energy Transfer Partners LP shares owned while 182 reduced positions. 44 funds bought stakes while 172 increased positions. They now own 257.33 million shares or 1.09% more from 254.56 million shares in 2015Q2.
Kayne Anderson Capital Advisors Lp holds 10.21% of its portfolio in Energy Transfer Partners LP for 24.53 million shares. Alps Advisors Inc owns 12.86 million shares or 5.57% of their US portfolio. Moreover, Cushing Asset Management Lp has 4.58% invested in the company for 2.93 million shares. The Illinois-based Magnetar Financial Llc has invested 4.57% in the stock. Heronetta Management L.P., a New York-based fund reported 171,268 shares.
Since March 11, 2015, the stock had 1 insider purchase, and 0 insider sales for $59,765 net activity. Grimm Michael K bought 1,325 shares worth $59,765. Welch Jamie bought 20,000 shares worth $1.10M.
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