Energy Transfer Partners L.P. (NYSE:ETP) traded down 2% on Tuesday . The stock traded as low as $39.49 and last traded at $39.72, with a volume of 1,674,610 shares traded. The stock had previously closed at $40.53.

Several equities research analysts have weighed in on the company. Sanford C. Bernstein assumed coverage on Energy Transfer Partners L.P. in a research report on Wednesday, May 11th. They set a “market perform” rating and a $39.00 price target on the stock. Zacks Investment Research lowered shares of Energy Transfer Partners L.P. from a “hold” rating to a “sell” rating in a research note on Monday, July 11th. Goldman Sachs Group Inc. increased their target price on shares of Energy Transfer Partners L.P. from $29.00 to $33.00 and gave the stock a “neutral” rating in a research note on Thursday, May 12th. Vetr lowered shares of Energy Transfer Partners L.P. from a “strong-buy” rating to a “buy” rating and set a $40.68 target price on the stock. in a research note on Monday, May 23rd. Finally, Barclays PLC increased their target price on shares of Energy Transfer Partners L.P. from $42.00 to $48.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 31st. One analyst has rated the stock with a sell rating, seven have given a hold rating and eight have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $42.03.

The firm’s market cap is $20.62 billion. The firm has a 50-day moving average price of $38.68 and a 200-day moving average price of $32.74.

Energy Transfer Partners L.P. (NYSE:ETP) last posted its quarterly earnings data on Wednesday, May 4th. The company reported ($0.15) EPS for the quarter, missing analysts’ consensus estimates of $0.26 by $0.41. The business had revenue of $4.48 billion for the quarter, compared to the consensus estimate of $7.58 billion. The business’s revenue for the quarter was down 56.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.09) EPS. On average, equities research analysts predict that Energy Transfer Partners L.P. will post $0.62 earnings per share for the current fiscal year.

Several hedge funds and institutional investors have recently modified their holdings of ETP. 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 period. 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 period. 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 period. BNP Paribas Arbitrage SA raised its position in shares of Energy Transfer Partners L.P. by 54.6% in the fourth quarter. BNP Paribas Arbitrage SA now owns 286,453 shares of the company’s stock worth $9,662,000 after buying an additional 101,212 shares during the period. Finally, Airain ltd purchased a new position in shares of Energy Transfer Partners L.P. during the fourth quarter worth about $4,329,000.

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