Energy Transfer Partners L.P. (NYSE:ETP) shares were down 4% during mid-day trading on Monday . The stock traded as low as $37.91 and last traded at $37.92, with a volume of 1,648,687 shares. The stock had previously closed at $39.50.

Several research analysts have recently issued reports on ETP shares. BMO Capital Markets started coverage on shares of Energy Transfer Partners L.P. in a report on Tuesday, April 19th. They set an “outperform” rating and a $38.00 price target for the company. Zacks Investment Research upgraded shares of Energy Transfer Partners L.P. from a “hold” rating to a “buy” rating and set a $40.00 price target for the company in a report on Tuesday, April 26th. Sanford C. Bernstein started coverage on shares of Energy Transfer Partners L.P. in a report on Wednesday, May 11th. They set a “market perform” rating and a $39.00 price target for the company. Goldman Sachs Group Inc. upped their price target on shares of Energy Transfer Partners L.P. from $29.00 to $33.00 and gave the stock a “neutral” rating in a report on Thursday, May 12th. Finally, Vetr downgraded shares of Energy Transfer Partners L.P. from a “strong-buy” rating to a “buy” rating and set a $40.68 price target for the company. in a report on Monday, May 16th. 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 company. The stock has a consensus rating of “Hold” and a consensus target price of $42.03.

The company’s 50 day moving average price is $38.73 and its 200 day moving average price is $33.20. The stock’s market cap is $21.81 billion.

Energy Transfer Partners L.P. (NYSE:ETP) last posted its earnings results on Wednesday, May 4th. The company reported ($0.15) EPS for the quarter, missing the Zacks’ consensus estimate 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. During the same quarter in the prior year, the firm earned ($0.09) earnings per share. Energy Transfer Partners L.P.’s revenue was down 56.6% compared to the same quarter last year. Equities analysts expect that Energy Transfer Partners L.P. will post $0.58 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Monday, August 15th. Shareholders of record on Monday, August 8th will be given a $1.055 dividend. The ex-dividend date is Thursday, August 4th. This represents a $4.22 dividend on an annualized basis and a yield of 10.96%.

A number of hedge funds and institutional investors recently bought and sold shares of the stock. Atlantic Trust Group LLC boosted its position in Energy Transfer Partners L.P. by 53.7% in the fourth quarter. Atlantic Trust Group LLC now owns 8,230,046 shares of the company’s stock worth $277,600,000 after buying an additional 2,875,378 shares during the last quarter. Fort Washington Investment Advisors Inc. OH boosted its position in 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 last quarter. Agran Libbie boosted its position in Energy Transfer Partners L.P. by 8,885.0% in the fourth quarter. Agran Libbie now owns 6,239,377 shares of the company’s stock worth $2,105,000 after buying an additional 6,169,935 shares during the last quarter. Homrich & Berg boosted its position in 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 last quarter. Finally, Jennison Associates LLC boosted its position in 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 worth $23,872,000 after buying an additional 158,239 shares during the last quarter.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.