Traders bought shares of Energy Transfer Partners L.P. (NYSE:ETP) on weakness during trading on Wednesday. $43.46 million flowed into the stock on the tick-up and $25.04 million flowed out of the stock on the tick-down, for a money net flow of $18.42 million into the stock. Of all stocks tracked, Energy Transfer Partners L.P. had the 19th highest net in-flow for the day. Energy Transfer Partners L.P. traded down ($0.33) for the day and closed at $40.88

ETP has been the subject of several recent research reports. Jefferies Group increased their target price on shares of Energy Transfer Partners L.P. from $46.00 to $47.00 and gave the stock a “buy” rating in a research note on Monday, July 25th. Vetr downgraded 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 research note on Tuesday, June 14th. Morgan Stanley initiated coverage on shares of Energy Transfer Partners L.P. in a research note on Monday. They set an “equal weight” rating and a $48.00 target price for the company. Deutsche Bank AG increased their target price on shares of Energy Transfer Partners L.P. from $44.00 to $47.00 and gave the stock a “buy” rating in a research note on Thursday, July 7th. Finally, Barclays PLC increased their target price on shares of Energy Transfer Partners L.P. from $48.00 to $50.00 and gave the stock an “overweight” rating in a research note on Friday, August 5th. Seven equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $44.94.

The firm’s market capitalization is $21.40 billion. The firm has a 50-day moving average price of $39.66 and a 200 day moving average price of $34.33.

Energy Transfer Partners L.P. (NYSE:ETP) last posted its quarterly earnings results on Friday, August 5th. The company reported $0.10 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.10. During the same period last year, the firm posted $0.67 earnings per share. The business earned $5.29 billion during the quarter, compared to analyst estimates of $5.71 billion. The company’s quarterly revenue was down 54.2% on a year-over-year basis. Equities analysts predict that Energy Transfer Partners L.P. will post $0.79 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Monday, August 15th. Stockholders of record on Monday, August 8th were issued a $1.055 dividend. This represents a $4.22 annualized dividend and a dividend yield of 10.32%. The ex-dividend date was Thursday, August 4th.

Several hedge funds and institutional investors have bought and sold shares of ETP. Jennison Associates LLC raised 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 valued at $23,872,000 after buying an additional 158,239 shares during the period. Airain ltd purchased a new position in Energy Transfer Partners L.P. during the fourth quarter worth about $4,329,000. BNP Paribas Arbitrage SA raised its position in 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 last quarter. Finally, Homrich & Berg raised 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.

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