Enbridge Energy Partners, L.P. (NYSE:EEP) shares saw unusually-high trading volume on Friday . Approximately 1,027,969 shares changed hands during trading, a decline of 18% from the previous session’s volume of 1,260,229 shares.The stock last traded at $24.72 and had previously closed at $24.90.

EEP has been the topic of a number of recent analyst reports. 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 on the stock. Simmons initiated coverage on shares of Enbridge Energy Partners, L.P. in a research note on Friday, April 1st. They issued a “neutral” rating and a $20.00 price objective on the stock. Barclays PLC initiated coverage on shares of Enbridge Energy Partners, L.P. in a research note on Wednesday, April 13th. They issued an “equal weight” rating and a $21.00 price objective on the stock. Credit Suisse Group AG reissued a “neutral” rating and issued a $5.00 price objective (down from $23.00) on shares of Enbridge Energy Partners, L.P. in a research note on Tuesday, May 3rd. Finally, TheStreet raised shares of Enbridge Energy Partners, L.P. from a “sell” rating to a “hold” rating in a research note on Monday, May 2nd. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating and one has issued a buy rating to the company’s stock. Enbridge Energy Partners, L.P. has an average rating of “Hold” and a consensus target price of $21.80.

The company’s market cap is $8.56 billion. The firm has a 50-day moving average of $22.96 and a 200 day moving average of $19.88.

Enbridge Energy Partners, L.P. (NYSE:EEP) last issued its quarterly earnings data 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. The company had revenue of $1.06 billion for the quarter, compared to the consensus estimate of $1.20 billion. During the same quarter in the prior year, the firm earned $0.26 earnings per share. Equities research analysts anticipate that Enbridge Energy Partners, L.P. will post $0.60 earnings per share for the current year.

Several large investors recently modified their holdings of EEP. Morgan Stanley boosted 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. Penserra Capital Management LLC bought a new stake in shares of Enbridge Energy Partners, L.P. during the fourth quarter worth $1,226,000. Bedell Frazier Investment Counseling LLC bought a new stake in shares of Enbridge Energy Partners, L.P. during the fourth quarter worth $2,719,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted 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, Everett Harris & Co. CA boosted 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 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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