Enbridge Energy Partners, L.P. (NYSE:EEP) shares saw strong trading volume on Thursday . 1,769,970 shares were traded during trading, an increase of 15% from the previous session’s volume of 1,544,206 shares.The stock last traded at $22.54 and had previously closed at $22.28.

A number of research analysts have recently issued reports on EEP shares. Zacks Investment Research upgraded shares of Enbridge Energy Partners, L.P. from a “hold” rating to a “buy” rating and set a $26.00 price target on the stock in a research report on Tuesday. TheStreet upgraded shares of Enbridge Energy Partners, L.P. from a “sell” rating to a “hold” rating in a research report on Monday, May 2nd. Simmons started coverage on shares of Enbridge Energy Partners, L.P. in a research report on Friday, April 1st. They issued a “neutral” rating and a $20.00 price target on the stock. Credit Suisse Group AG restated a “neutral” rating and issued a $5.00 price target (down from $23.00) on shares of Enbridge Energy Partners, L.P. in a research report on Tuesday, May 3rd. Finally, Piper Jaffray Cos. started coverage on shares of Enbridge Energy Partners, L.P. in a research report on Friday, April 1st. They issued a “neutral” rating on the stock. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and two have assigned a buy rating to the company’s stock. Enbridge Energy Partners, L.P. currently has a consensus rating of “Hold” and a consensus target price of $24.45.

The company has a 50 day moving average price of $22.32 and a 200-day moving average price of $19.73. The company’s market cap is $7.80 billion.

Enbridge Energy Partners, L.P. (NYSE:EEP) last announced its earnings results on Monday, May 2nd. The company reported $0.17 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.13 by $0.04. The company had revenue of $1.06 billion for the quarter, compared to the consensus estimate of $1.20 billion. During the same period last year, the firm posted $0.26 EPS. Analysts anticipate that Enbridge Energy Partners, L.P. will post $0.60 earnings per share for the current fiscal year.

A number of institutional investors recently made changes to their positions in the company. First Trust Advisors LP raised its position in shares of Enbridge Energy Partners, L.P. by 8.1% in the fourth quarter. First Trust Advisors LP now owns 258,424 shares of the company’s stock worth $5,962,000 after buying an additional 19,269 shares during the period. Alps Advisors Inc. raised its position in shares of Enbridge Energy Partners, L.P. by 1.1% in the fourth quarter. Alps Advisors Inc. now owns 14,700,532 shares of the company’s stock worth $339,141,000 after buying an additional 153,771 shares during the period. Penserra Capital Management LLC bought a new position in shares of Enbridge Energy Partners, L.P. during the fourth quarter worth about $1,226,000. Everett Harris & Co. CA raised its position in shares of Enbridge Energy Partners, L.P. by 19.3% in the fourth quarter. Everett Harris & Co. CA now owns 75,215 shares of the company’s stock worth $1,735,000 after buying an additional 12,150 shares during the period. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its position in shares of Enbridge Energy Partners, L.P. by 113.6% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 1,663,864 shares of the company’s stock worth $38,385,000 after buying an additional 885,077 shares during the period.

Enbridge Energy Partners, L.P. is a limited partnership that owns and operates crude oil and liquid petroleum transportation and storage assets, and natural gas gathering, treating, processing, transportation and marketing assets in the United States. The Company’s activities include interstate pipeline transportation and storage of crude oil and liquid petroleum, and gathering, treating, processing and transportation of natural gas and natural gas liquids (NGLs), through pipelines and related facilities, and supply, transportation and sales services, including purchasing and selling natural gas and NGLs.

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