Enbridge Energy Partners, L.P. (NYSE:EEP) saw unusually-strong trading volume on Thursday . Approximately 1,769,970 shares changed hands during mid-day 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.

Several research analysts have issued reports on EEP shares. Zacks Investment Research upgraded Enbridge Energy Partners, L.P. from a “hold” rating to a “buy” rating and set a $26.00 price objective for the company in a research report on Tuesday. Barclays PLC started coverage on Enbridge Energy Partners, L.P. in a report on Wednesday, April 13th. They issued an “equal weight” rating and a $21.00 target price on the stock. TheStreet raised Enbridge Energy Partners, L.P. from a “sell” rating to a “hold” rating in a report on Monday, May 2nd. Credit Suisse Group AG reissued a “neutral” rating and issued a $5.00 target price (down previously from $23.00) on shares of Enbridge Energy Partners, L.P. in a report on Tuesday, May 3rd. Finally, Simmons started coverage on Enbridge Energy Partners, L.P. in a report on Friday, April 1st. They issued a “neutral” rating and a $20.00 target price on the stock. One investment analyst has rated the stock with a sell rating, ten have given a hold rating and two have issued a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $24.45.

The stock has a 50 day moving average price of $22.36 and a 200 day moving average price of $19.74. The firm’s market cap is $7.83 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 for the quarter, beating the consensus estimate of $0.13 by $0.04. The business had revenue of $1.06 billion for the quarter, compared to the consensus estimate of $1.20 billion. During the same period in the previous year, the firm earned $0.26 EPS. On average, equities research analysts predict that Enbridge Energy Partners, L.P. will post $0.60 earnings per share for the current year.

Other hedge funds have made changes to their positions in the company. First Trust Advisors LP increased its stake 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 valued at $5,962,000 after buying an additional 19,269 shares during the last quarter. Alps Advisors Inc. increased 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 valued at $339,141,000 after buying an additional 153,771 shares during the last quarter. Penserra Capital Management LLC acquired a new stake in shares of Enbridge Energy Partners, L.P. during the fourth quarter valued at $1,226,000. Everett Harris & Co. CA increased its stake 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 valued at $1,735,000 after buying an additional 12,150 shares during the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased 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 valued at $38,385,000 after buying an additional 885,077 shares during 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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