Enbridge Energy Partners, L.P. (NYSE:EEP)’s share price traded down 2.2% during trading on Wednesday . The stock traded as low as $21.97 and last traded at $22.07, with a volume of 831,817 shares traded. The stock had previously closed at $22.57.

EEP has been the subject of a number of analyst reports. TheStreet upgraded shares of Enbridge Energy Partners, L.P. from a “sell” rating to a “hold” rating in a research note on Monday, May 2nd. Credit Suisse Group AG reiterated a “neutral” rating and set a $5.00 target price (down previously from $23.00) on shares of Enbridge Energy Partners, L.P. in a research note on Tuesday, May 3rd. Zacks Investment Research upgraded shares of Enbridge Energy Partners, L.P. from a “sell” rating to a “hold” rating in a research note on Thursday, May 5th. Piper Jaffray Cos. initiated coverage on shares of Enbridge Energy Partners, L.P. in a research note on Friday, April 1st. They set a “neutral” rating for the company. Finally, Barclays PLC initiated coverage on shares of Enbridge Energy Partners, L.P. in a research note on Wednesday, April 13th. They set an “equal weight” rating and a $21.00 target price for the company. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and two have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $24.45.

The company’s 50 day moving average price is $22.32 and its 200 day moving average price is $19.73. The firm’s market capitalization is $7.71 billion.

Enbridge Energy Partners, L.P. (NYSE:EEP) last issued its quarterly earnings data on Monday, May 2nd. The company reported $0.17 EPS for the quarter, topping analysts’ consensus estimates of $0.13 by $0.04. During the same period in the prior year, the company earned $0.26 EPS. The company had revenue of $1.06 billion for the quarter, compared to the consensus estimate of $1.20 billion. Equities analysts anticipate that Enbridge Energy Partners, L.P. will post $0.60 EPS for the current fiscal year.

A number of large investors recently modified their holdings of the company. Alps Advisors Inc. raised its stake 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 in the last quarter. Morgan Stanley raised its stake in shares of Enbridge Energy Partners, L.P. by 136.7% in the fourth quarter. Morgan Stanley now owns 4,557,785 shares of the company’s stock worth $105,148,000 after buying an additional 2,631,827 shares in the last quarter. Atlantic Trust Group LLC raised its stake in shares of Enbridge Energy Partners, L.P. by 71.5% in the fourth quarter. Atlantic Trust Group LLC now owns 4,255,211 shares of the company’s stock worth $98,168,000 after buying an additional 1,774,174 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its stake 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 in the last quarter. Finally, Bank of Montreal Can raised its stake in shares of Enbridge Energy Partners, L.P. by 211.2% in the fourth quarter. Bank of Montreal Can now owns 302,259 shares of the company’s stock worth $6,973,000 after buying an additional 205,123 shares in the last quarter.

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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