Enterprise Products Partners (EPD) Holder Tiedemann Wealth Management LLC Raised Its Position

September 17, 2017 - By Marry Poplack

Investors sentiment decreased to 1.03 in 2016 Q4. Its down 0.17, from 1.2 in 2016Q3. It fall, as 46 investors sold EPD shares while 258 reduced holdings. 66 funds opened positions while 246 raised stakes. 742.88 million shares or 1.01% more from 735.46 million shares in 2016Q3 were reported. Jacobus Wealth Mgmt Incorporated reported 0.29% in Enterprise Products Partners L.P. (NYSE:EPD). Mufg Americas Hldgs Corporation, New York-based fund reported 59,357 shares. Bridges Inv Counsel Inc owns 28,869 shares. Lincoln Natl reported 16,253 shares stake. First Houston Capital Inc reported 1.58% in Enterprise Products Partners L.P. (NYSE:EPD). Germany-based Allianz Asset Ag has invested 0.02% in Enterprise Products Partners L.P. (NYSE:EPD). Integrated Wealth Counsel Ltd Llc has 0.02% invested in Enterprise Products Partners L.P. (NYSE:EPD). Krasney Ltd Llc holds 0.05% in Enterprise Products Partners L.P. (NYSE:EPD) or 7,599 shares. Shikiar Asset Mgmt Inc holds 0.1% or 8,500 shares in its portfolio. Utd Asset Strategies holds 16,054 shares or 0.14% of its portfolio. Parametric Associate Ltd Company, Washington-based fund reported 1.42 million shares. Employees Retirement System Of Texas reported 0.08% stake. Moreover, Lucas Mgmt has 0.89% invested in Enterprise Products Partners L.P. (NYSE:EPD). Next Fincl owns 0% invested in Enterprise Products Partners L.P. (NYSE:EPD) for 24,706 shares. State Street Corp invested in 168,618 shares or 0% of the stock.

Tiedemann Wealth Management Llc increased its stake in Enterprise Products Partners (EPD) by 751.98% based on its latest 2016Q4 regulatory filing with the SEC. Tiedemann Wealth Management Llc bought 1.47M shares as the company’s stock declined 6.06% while stock markets rallied. The institutional investor held 1.66 million shares of the natural gas distribution company at the end of 2016Q4, valued at $44.95M, up from 195,095 at the end of the previous reported quarter. Tiedemann Wealth Management Llc who had been investing in Enterprise Products Partners for a number of months, seems to be bullish on the $56.11 billion market cap company. The stock decreased 0.27% or $0.07 on September 15, reaching $26.11. About 2.71 million shares traded. Enterprise Products Partners L.P. (NYSE:EPD) has declined 0.18% since September 17, 2016 and is downtrending. It has underperformed by 16.88% the S&P500.

Tiedemann Wealth Management Llc, which manages about $5.35B and $1.00 billion US Long portfolio, decreased its stake in Mimedx Group Inc (NASDAQ:MDXG) by 1.73 million shares to 44,429 shares, valued at $16.08 million in 2016Q4, according to the filing.

More notable recent Enterprise Products Partners L.P. (NYSE:EPD) news were published by: Fool.com which released: “Better Buy: Kinder Morgan, Inc. vs. Enterprise Products Partners LP” on August 21, 2017, also Fool.com with their article: “Better Buy: Enterprise Products Partners LP vs. Magellan Midstream Partners, LP” published on September 12, 2017, Finance.Yahoo.com published: “Enterprise Products (EPD) Down 2.8% Since Earnings Report: Can It Rebound?” on September 04, 2017. More interesting news about Enterprise Products Partners L.P. (NYSE:EPD) were released by: Fool.com and their article: “Better Dividend Buy: Enterprise Products Partners LP vs. Kinder Morgan, Inc.” published on September 11, 2017 as well as Seekingalpha.com‘s news article titled: “Enterprise Products Partners – Why One Of The Top 2 Energy MLPs Is A Better Play” with publication date: August 29, 2017.

Enterprise Products Partners L.P. (NYSE:EPD) Ratings Coverage

Among 24 analysts covering Enterprise Products Partners LP (NYSE:EPD), 23 have Buy rating, 0 Sell and 1 Hold. Therefore 96% are positive. Enterprise Products Partners LP has $38 highest and $29 lowest target. $32.41’s average target is 24.13% above currents $26.11 stock price. Enterprise Products Partners LP had 40 analyst reports since July 23, 2015 according to SRatingsIntel. BMO Capital Markets maintained Enterprise Products Partners L.P. (NYSE:EPD) on Tuesday, July 11 with “Buy” rating. The firm has “Outperform” rating by Macquarie Research given on Monday, April 24. The company was upgraded on Monday, September 19 by Credit Suisse. The company was downgraded on Monday, August 31 by Vetr. Vetr downgraded Enterprise Products Partners L.P. (NYSE:EPD) rating on Tuesday, August 18. Vetr has “Strong-Buy” rating and $31.26 target. On Thursday, August 10 the stock rating was maintained by Stifel Nicolaus with “Buy”. Deutsche Bank maintained the shares of EPD in report on Wednesday, November 18 with “Buy” rating. The firm earned “Buy” rating on Friday, September 16 by Evercore. On Friday, April 29 the stock rating was downgraded by Seaport Global to “Neutral”. Argus Research maintained Enterprise Products Partners L.P. (NYSE:EPD) rating on Tuesday, November 3. Argus Research has “Buy” rating and $38 target.

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