Energy Transfer Partners L.P. (NYSE:ETP) saw unusually-strong trading volume on Wednesday . Approximately 5,718,360 shares traded hands during trading, an increase of 97% from the previous session’s volume of 2,903,162 shares.The stock last traded at $42.09 and had previously closed at $38.50.

Several research analysts have recently weighed in on ETP shares. Zacks Investment Research raised shares of Energy Transfer Partners L.P. from a “hold” rating to a “buy” rating and set a $40.00 price objective for the company in a report on Tuesday, April 26th. Barclays PLC boosted their price objective on shares of 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. Goldman Sachs Group Inc. boosted their price objective on shares of 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. Vetr cut shares of Energy Transfer Partners L.P. from a “buy” rating to a “hold” rating and set a $38.50 target price for the company. in a report on Tuesday, June 14th. Finally, Deutsche Bank AG upped their target price on shares of Energy Transfer Partners L.P. from $44.00 to $47.00 and gave the company a “buy” rating in a report on Thursday, July 7th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and eight have issued a buy rating to the stock. Energy Transfer Partners L.P. has an average rating of “Hold” and an average price target of $42.03.

The firm has a 50-day moving average price of $38.89 and a 200 day moving average price of $33.27. The company’s market capitalization is $22.06 billion.

Energy Transfer Partners L.P. (NYSE:ETP) last posted its earnings results on Wednesday, August 3rd. The company reported $0.10 earnings per share for the quarter, meeting the consensus estimate of $0.10. The firm had revenue of $5.29 billion for the quarter, compared to analysts’ expectations of $5.71 billion. During the same period last year, the firm earned $0.67 earnings per share. Energy Transfer Partners L.P.’s revenue for the quarter was down 54.2% compared to the same quarter last year. Equities research analysts expect that Energy Transfer Partners L.P. will post $0.58 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Monday, August 15th. Investors of record on Monday, August 8th will be issued a $1.055 dividend. This represents a $4.22 annualized dividend and a yield of 9.92%. The ex-dividend date of this dividend is Thursday, August 4th.

A number of large investors recently modified their holdings of ETP. Homrich & Berg raised its stake 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 valued at $1,176,000 after buying an additional 18,753 shares during the last quarter. Fort Washington Investment Advisors Inc. OH raised its stake 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 valued at $1,575,000 after buying an additional 28,200 shares during the last quarter. BNP Paribas Arbitrage SA raised its stake 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 valued at $9,662,000 after buying an additional 101,212 shares during the last quarter. Airain ltd bought a new stake in shares of Energy Transfer Partners L.P. during the fourth quarter valued at approximately $4,329,000. Finally, Jennison Associates LLC raised its stake in shares of Energy Transfer Partners L.P. by 28.8% in the fourth quarter. Jennison Associates LLC now owns 707,725 shares of the company’s stock valued at $23,872,000 after buying an additional 158,239 shares during the last quarter.

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