Enbridge Energy Partners, L.P. (NYSE:EEP)’s share price fell 1% on Wednesday . The stock traded as low as $24.10 and last traded at $24.63, with a volume of 698,949 shares trading hands. The stock had previously closed at $24.89.

Several brokerages have weighed in on EEP. TheStreet upgraded 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 reaffirmed a “neutral” rating and set a $5.00 target price (down from $23.00) on shares of Enbridge Energy Partners, L.P. in a research report on Tuesday, May 3rd. Goldman Sachs Group Inc. lowered Enbridge Energy Partners, L.P. from a “neutral” rating to a “sell” rating and decreased their target price for the company from $21.00 to $20.00 in a research report on Wednesday. Zacks Investment Research raised Enbridge Energy Partners, L.P. from a “sell” rating to a “hold” rating in a research report on Thursday, May 5th. Finally, Piper Jaffray Cos. assumed coverage on Enbridge Energy Partners, L.P. in a research report on Friday, April 1st. They set a “neutral” rating for the company. Two research 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. The company presently has an average rating of “Hold” and a consensus price target of $21.80.

The company’s market capitalization is $8.59 billion. The company has a 50-day moving average of $22.89 and a 200 day moving average of $19.87.

Enbridge Energy Partners, L.P. (NYSE:EEP) last released its earnings results on Monday, May 2nd. The company reported $0.17 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.13 by $0.04. The company earned $1.06 billion during the quarter, compared to the consensus estimate of $1.20 billion. During the same period last year, the firm posted $0.26 earnings per share. Analysts expect that Enbridge Energy Partners, L.P. will post $0.60 earnings per share for the current year.

A number of large investors recently added to or reduced their stakes in EEP. First Trust Advisors LP increased its stake in 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 period. Penserra Capital Management LLC bought a new stake in Enbridge Energy Partners, L.P. during the fourth quarter valued at approximately $1,226,000. Everett Harris & Co. CA increased its stake in 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 period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its stake in 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 period. Finally, Morgan Stanley increased its stake in 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 valued at $105,148,000 after buying an additional 2,631,827 shares during the period.

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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