Cushing Asset Management LP Has Boosted Energy Transfer Prtnrs LP (ETP) Stake
- Author: Anthony Vega Jun 08, 2017,
Jun 08, 2017, 1:47
Energy Transfer Partners LP (NYSE:ETP) has declined 20.28% since June 7, 2016 and is downtrending. Hodges Cap accumulated 20,239 shares or 0.03% of the stock. Going toward to the 50-day, we can see that shares are now trading -8.22% off of that figure.
Energy Transfer Partners LP (ETP) traded down 2.34% on Wednesday, hitting $21.27. It has underperformed by 36.98% the S&P500.The move comes after 6 months positive chart setup for the $23.98B company.
Bloombergsen Inc increased Pra Group Inc (PRAA) stake by 10.42% reported in 2016Q4 SEC filing. Center Coast Capital Advisors Lp acquired 629,119 shares as Sunoco Logistics Partners Lp (SXL)'s stock 0.00%. While it's Return on Investment (ROI) value is 4.3%. Jefferies Group Inc Ltd Liability Corporation accumulated 520 shares. The stock rose 0.76% or $0.2 reaching $26.5 per share. Moreover, Endurant Capital Management Lp has 2.58% invested in the company for 111,335 shares. It has outperformed by 91.17% the S&P500. Of the analysts surveyed by Reuters that track Energy Transfer Equity, L.P. (ETE), 7 of them rate its stock a hold. Out of 2 Wall Street analysts rating MiMedx Group, 1 give it "Buy", 1 "Sell" rating, while 0 recommend "Hold". The firm has "Buy" rating by Mizuho given on Friday, September 30. The rating was downgraded by BMO Capital Markets on Friday, November 25 to "Market Perform". The stock of Energy Transfer Partners LP (NYSE:ETP) has "Hold" rating given on Monday, April 4 by Stifel Nicolaus. The firm earned "Buy" rating on Tuesday, May 9 by Stifel Nicolaus. They now have a Dollars 25 price target on the stock. Goldman Sachs upgraded the shares of ETP in report on Monday, May 23 to "Buy" rating. Texan Mgmt reported 0.63% in Energy Transfer Partners LP (NYSE:ETP). Kirwan Jeff also sold $124,400 worth of Gap Inc (NYSE:GPS) shares. Granahan Investment Mngmt Inc Ma invested in 0.46% or 94,550 shares.
SUPERVALU Inc. (SVU) observed trading 0.11% away from the 20-day moving average and 1.10% off from its 50-day simple moving average. Skidmore David K bought $111,536 worth of stock or 3,129 shares. Stockholders of record on Wednesday, May 10th were issued a dividend of $0.285 per share. It's up 0.56, from 1 in 2016Q3. Cohen & Steers invested in 0.02% or 381,025 shares. 31 funds opened positions while 76 raised stakes. Summit Creek Advisors Llc, a Minnesota-based fund reported 926,825 shares. 483 are owned by Rockefeller Financial.
Receive News & Ratings for Energy Transfer Equity LP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Energy Transfer Equity LP and related companies with MarketBeat.com's FREE daily email newsletter. Associated Banc has 37,100 shares for 0.08% of their portfolio. Following the completion of the acquisition, the director now owns 67,633 shares in the company, valued at $1,568,409.27. 5705159 shares were traded on Energy Transfer Equity, L.P.'s last session. Ariel Investments Llc owns 9.79 million shares or 2.37% of their United States portfolio.
Goodwin Daniel L decreased its stake in Energy Transfer Prtnrs LP (ETP) by 56.7% based on its latest 2016Q4 regulatory filing with the SEC. Chatham Grp has 0.07% invested in Energy Transfer Partners LP (NYSE:ETP). Invesco Ltd reported 472,596 shares. It was reported on Jun, 7 by Barchart.com. Raymond James Tru Na has 9,978 shares.
Want to see what other hedge funds are holding ETE? Energy Transfer Partners accounts for approximately 7.7% of Kayne Anderson Capital Advisors LP's investment portfolio, making the stock its 2nd largest position. Allstate has 70,786 shares.
Analysts await MiMedx Group Inc (NASDAQ:MDXG) to report earnings on July, 25. The stock has "Buy" rating by Canaccord Genuity on Thursday, October 1. Therefore 50% are positive. Commonwealth Service Ltd Liability Corp reported 0.06% in Energy Transfer Partners LP (NYSE:ETP). Always a financier wondering why his stocks are fluctuating ups and down as compare to overall market does not, beta helps to answer this question. The rating was maintained by Evercore with "Buy" on Monday, September 21. JP Morgan downgraded the stock to "Neutral" rating in Wednesday, November 2 report. The firm has "Overweight" rating by Stephens given on Thursday, September 29. The firm earned "Market Perform" rating on Monday, April 18 by Wood. The company was upgraded on Wednesday, May 10 by Bernstein. The stock of Citigroup Inc (NYSE:C) earned "Buy" rating by Guggenheim on Friday, August 28.
Since February 9, 2017, it had 0 insider purchases, and 4 selling transactions for $13.35 million activity.