Can analysts adopt a bullish outlook for Enterprise Products Partners L.P. (NYSE:EPD)?

April 17, 2018 - By reb123z

Enterprise Products Partners L.P. (NYSE:EPD) LogoInvestors sentiment decreased to 0.85 in 2017 Q4. Its down 0.15, from 1 in 2017Q3. It worsened, as 60 investors sold Enterprise Products Partners L.P. shares while 283 reduced holdings. 73 funds opened positions while 219 raised stakes. 750.14 million shares or 4.26% less from 783.53 million shares in 2017Q3 were reported.
Cibc Asset holds 0.01% or 71,466 shares. North Mngmt accumulated 172,150 shares or 0.7% of the stock. Walleye Trading Ltd Liability Com holds 46,352 shares. Federated Pa, Pennsylvania-based fund reported 60,000 shares. First Mercantile, a Tennessee-based fund reported 42,574 shares. Whalerock Point Prns Ltd Liability Company has 101,565 shares. New Vernon Inv Limited Liability Corp invested in 0.52% or 18,871 shares. Timber Hill Ltd holds 0.21% or 125,266 shares in its portfolio. Beacon Finance Grp Inc, Texas-based fund reported 16,040 shares. Miracle Mile Advsrs Ltd Liability holds 0.08% in Enterprise Products Partners L.P. (NYSE:EPD) or 19,108 shares. First Heartland Consultants Incorporated reported 0.08% of its portfolio in Enterprise Products Partners L.P. (NYSE:EPD). Moreover, Fiera Capital Corporation has 0.02% invested in Enterprise Products Partners L.P. (NYSE:EPD) for 121,947 shares. Argent Trust Co owns 32,989 shares. 202,360 are owned by Obermeyer Wood Investment Counsel Lllp. Summit Equities Inc stated it has 0.15% of its portfolio in Enterprise Products Partners L.P. (NYSE:EPD).

Since March 7, 2018, it had 2 insider buys, and 0 insider sales for $1.10 million activity.

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

Among 9 analysts covering Enterprise Products Partners LP (NYSE:EPD), 9 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Enterprise Products Partners LP had 11 analyst reports since October 19, 2017 according to SRatingsIntel. The rating was maintained by Seaport Global on Thursday, March 8 with “Buy”. As per Wednesday, January 31, the company rating was maintained by Stifel Nicolaus. The stock has “Buy” rating by Stifel Nicolaus on Thursday, October 19. Seaport Global maintained Enterprise Products Partners L.P. (NYSE:EPD) rating on Monday, April 9. Seaport Global has “Buy” rating and $2700 target. The stock of Enterprise Products Partners L.P. (NYSE:EPD) has “Buy” rating given on Monday, November 13 by BMO Capital Markets. The stock has “Buy” rating by UBS on Friday, March 2. The firm has “Buy” rating by Jefferies given on Friday, January 12. The stock has “Buy” rating by Bank of America on Tuesday, March 27. The firm has “Buy” rating by RBC Capital Markets given on Tuesday, January 16. Below is a list of Enterprise Products Partners L.P. (NYSE:EPD) latest ratings and price target changes.

09/04/2018 Broker: Seaport Global Rating: Buy New Target: $27.0000 Maintain
27/03/2018 Broker: Bank of America Old Rating: Buy New Rating: Buy Old Target: $30 New Target: $29 Maintain
08/03/2018 Broker: Seaport Global Rating: Buy New Target: $30.0 Maintain
02/03/2018 Broker: UBS Old Rating: Buy New Rating: Buy Old Target: $36 New Target: $34 Maintain
31/01/2018 Broker: Stifel Nicolaus Rating: Buy New Target: $32.0 Maintain
17/01/2018 Broker: Barclays Capital Rating: Buy New Target: $32.0
16/01/2018 Broker: RBC Capital Markets Rating: Buy New Target: $34.0 Maintain
12/01/2018 Broker: Jefferies Rating: Buy New Target: $31.0 Maintain
05/01/2018 Broker: Credit Suisse Rating: Outperform New Target: $31 Initiates Coverage On
13/11/2017 Broker: BMO Capital Markets Rating: Buy New Target: $33.0 Maintain

The stock increased 1.34% or $0.36 during the last trading session, reaching $27.19. About 5.07M shares traded. Enterprise Products Partners L.P. (NYSE:EPD) has declined 10.03% since April 17, 2017 and is downtrending. It has underperformed by 21.58% the S&P500.

Enterprise Products Partners L.P. provides midstream energy services to producers and clients of natural gas, natural gas liquids , crude oil, petrochemicals, and refined products. The company has market cap of $59.04 billion. The firm operates through NGL Pipelines & Services, Crude Oil Pipelines & Services, Natural Gas Pipelines & Services, and Petrochemical & Refined Products Services divisions. It has a 20.95 P/E ratio. The NGL Pipelines & Services segment offers natural gas processing and related NGL marketing services, as well as NGL export docks and related services.

Enterprise Products Partners L.P. (NYSE:EPD) Institutional Positions Chart

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