Enbridge Energy Partners, L.P. (NYSE:EEP) shares traded up 2.4% on Tuesday . The company traded as high as $24.65 and last traded at $24.65, with a volume of 438,462 shares. The stock had previously closed at $24.07.

A number of research analysts recently weighed in on the company. Goldman Sachs Group Inc. downgraded Enbridge Energy Partners, L.P. from a “neutral” rating to a “sell” rating and dropped their price target for the stock from $21.00 to $20.00 in a research note on Wednesday. Zacks Investment Research raised 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 note on Tuesday, July 5th. Credit Suisse Group AG reaffirmed a “neutral” rating and set a $5.00 price target (down from $23.00) on shares of Enbridge Energy Partners, L.P. in a research note on Tuesday, May 3rd. TheStreet raised Enbridge Energy Partners, L.P. from a “sell” rating to a “hold” rating in a research note on Monday, May 2nd. Finally, Barclays PLC assumed coverage on Enbridge Energy Partners, L.P. in a research note on Wednesday, April 13th. They set an “equal weight” rating and a $21.00 price target on the stock. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and one has assigned a buy rating to the company’s stock. Enbridge Energy Partners, L.P. has a consensus rating of “Hold” and a consensus price target of $23.64.

The stock’s 50-day moving average is $22.80 and its 200-day moving average is $19.83. The firm’s market capitalization is $8.59 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 analysts’ consensus estimates of $0.13 by $0.04. During the same quarter in the prior year, the firm posted $0.26 earnings per share. The company had revenue of $1.06 billion for the quarter, compared to analysts’ expectations of $1.20 billion. On average, equities research analysts anticipate that Enbridge Energy Partners, L.P. will post $0.60 EPS for the current year.

A number of large investors recently made changes to their positions in the stock. First Trust Advisors LP raised 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 worth $5,962,000 after buying an additional 19,269 shares in the last quarter. Penserra Capital Management LLC acquired a new stake in shares of Enbridge Energy Partners, L.P. during the fourth quarter worth about $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 worth $1,735,000 after buying an additional 12,150 shares during the last quarter. 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 worth $38,385,000 after buying an additional 885,077 shares during the last quarter. Finally, Morgan Stanley increased 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 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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