Traders purchased shares of Energy Transfer Partners L.P. (NYSE:ETP) on weakness during trading hours on Wednesday. $80.06 million flowed into the stock on the tick-up and $17.98 million flowed out of the stock on the tick-down, for a money net flow of $62.08 million into the stock. Of all equities tracked, Energy Transfer Partners L.P. had the 6th highest net in-flow for the day. Energy Transfer Partners L.P. traded down ($0.51) for the day and closed at $38.17

ETP has been the subject of a number of research analyst reports. Zacks Investment Research upgraded Energy Transfer Partners L.P. from a “hold” rating to a “buy” rating and set a $40.00 price target for the company in a report on Tuesday, April 26th. Vetr cut Energy Transfer Partners L.P. from a “strong-buy” rating to a “buy” rating and set a $36.15 target price for the company. in a report on Thursday, March 31st. Jefferies Group lowered their target price on Energy Transfer Partners L.P. from $47.00 to $46.00 and set a “buy” rating for the company in a report on Tuesday, March 22nd. Barclays PLC raised their target price on Energy Transfer Partners L.P. from $42.00 to $48.00 and gave the company an “overweight” rating in a report on Tuesday, May 31st. Finally, Goldman Sachs Group Inc. raised their target price on Energy Transfer Partners L.P. from $29.00 to $33.00 and gave the company a “neutral” rating in a report on Thursday, May 12th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and eight have given a buy rating to the stock. Energy Transfer Partners L.P. currently has an average rating of “Hold” and an average target price of $41.97.

The company has a 50-day moving average of $38.06 and a 200-day moving average of $32.32. The stock’s market cap is $19.80 billion.

Energy Transfer Partners L.P. (NYSE:ETP) last posted its earnings results on Wednesday, May 4th. The company reported ($0.15) EPS for the quarter, missing the consensus estimate of $0.26 by $0.41. During the same quarter in the prior year, the company posted ($0.09) EPS. The company earned $4.48 billion during the quarter, compared to analysts’ expectations of $7.58 billion. Energy Transfer Partners L.P.’s revenue for the quarter was down 56.6% compared to the same quarter last year. On average, equities research analysts expect that Energy Transfer Partners L.P. will post $0.65 EPS for the current year.

Other institutional investors have recently modified their holdings of the company. Homrich & Berg raised its position in shares of Energy Transfer Partners L.P. by 116.4% in the fourth quarter. Homrich & Berg now owns 34,867 shares of the company’s stock worth $1,176,000 after buying an additional 18,753 shares during the last quarter. Fort Washington Investment Advisors Inc. OH raised its position in shares of Energy Transfer Partners L.P. by 152.5% in the fourth quarter. Fort Washington Investment Advisors Inc. OH now owns 46,694 shares of the company’s stock worth $1,575,000 after buying an additional 28,200 shares during the last quarter. Azimuth Capital Management LLC raised its position in shares of Energy Transfer Partners L.P. by 78.1% in the fourth quarter. Azimuth Capital Management LLC now owns 83,725 shares of the company’s stock worth $2,824,000 after buying an additional 36,703 shares during the last quarter. First Trust Advisors LP raised its position in shares of Energy Transfer Partners L.P. by 44.1% in the fourth quarter. First Trust Advisors LP now owns 142,797 shares of the company’s stock worth $4,817,000 after buying an additional 43,722 shares during the last quarter. Finally, Liberty Mutual Group Asset Management Inc. raised its position in shares of Energy Transfer Partners L.P. by 107.9% in the fourth quarter. Liberty Mutual Group Asset Management Inc. now owns 116,791 shares of the company’s stock worth $3,939,000 after buying an additional 60,609 shares during the last quarter.

Energy Transfer Partners, L.P. is a master limited partnership. The Company’s operating segments include Intrastate Transportation and Storage segment; Interstate Transportation and Storage segment; Midstream segment; Liquids Transportation and Services segment; Investment in Sunoco Logistics segment; Retail Marketing segment and All Other segment.

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