Green Square Capital LLC decreased its stake in shares of Enterprise Products Partners L.P. (NYSE:EPD) by 4.1% during the second quarter, Holdings Channel reports. The fund owned 478,695 shares of the company’s stock after selling 20,277 shares during the period. Enterprise Products Partners L.P. makes up approximately 3.5% of Green Square Capital LLC’s holdings, making the stock its 4th largest position. Green Square Capital LLC’s holdings in Enterprise Products Partners L.P. were worth $14,007,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Harvest Fund Advisors LLC raised its stake in shares of Enterprise Products Partners L.P. by 4.8% in the first quarter. Harvest Fund Advisors LLC now owns 37,709,426 shares of the company’s stock valued at $928,406,000 after buying an additional 1,729,386 shares during the last quarter. Energy Income Partners LLC raised its position in shares of Enterprise Products Partners L.P. by 9.9% in the first quarter. Energy Income Partners LLC now owns 15,062,148 shares of the company’s stock valued at $370,830,000 after buying an additional 1,350,926 shares during the last quarter. ING Groep NV raised its position in shares of Enterprise Products Partners L.P. by 186.4% in the first quarter. ING Groep NV now owns 12,023,135 shares of the company’s stock valued at $295,889,000 after buying an additional 7,825,356 shares during the last quarter. Center Coast Capital Advisors LP raised its position in shares of Enterprise Products Partners L.P. by 4.9% in the second quarter. Center Coast Capital Advisors LP now owns 9,887,804 shares of the company’s stock valued at $289,317,000 after buying an additional 461,501 shares during the last quarter. Finally, Bank of Montreal Can purchased a new position in shares of Enterprise Products Partners L.P. during the second quarter valued at about $204,184,000. Institutional investors own 35.67% of the company’s stock.

Enterprise Products Partners L.P. (NYSE:EPD) traded up 1.28% during trading on Thursday, hitting $27.66. The stock had a trading volume of 4,347,954 shares. The company has a market cap of $57.85 billion, a price-to-earnings ratio of 22.09 and a beta of 0.92. The company has a 50-day moving average price of $26.84 and a 200-day moving average price of $26.86. Enterprise Products Partners L.P. has a 52-week low of $19.00 and a 52-week high of $30.11.

Enterprise Products Partners L.P. (NYSE:EPD) last issued its quarterly earnings results on Thursday, July 28th. The company reported $0.27 EPS for the quarter, missing analysts’ consensus estimates of $0.31 by $0.04. Enterprise Products Partners L.P. had a return on equity of 12.45% and a net margin of 11.06%. The company earned $5.62 billion during the quarter, compared to the consensus estimate of $5.62 billion. During the same period in the prior year, the firm earned $0.34 earnings per share. The business’s revenue for the quarter was down 20.8% compared to the same quarter last year. Equities research analysts forecast that Enterprise Products Partners L.P. will post $1.25 EPS for the current year.

Several research analysts have issued reports on the company. Howard Weil assumed coverage on Enterprise Products Partners L.P. in a report on Wednesday, June 1st. They issued a “sector outperform” rating and a $31.00 price target on the stock. Vetr lowered Enterprise Products Partners L.P. from a “strong-buy” rating to a “buy” rating and set a $30.88 price target on the stock. in a report on Wednesday, May 25th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $34.00 price target on shares of Enterprise Products Partners L.P. in a report on Friday, July 29th. Wunderlich cut their price target on Enterprise Products Partners L.P. from $33.00 to $32.00 and set a “buy” rating on the stock in a report on Wednesday, August 31st. Finally, Credit Suisse Group AG reiterated a “hold” rating on shares of Enterprise Products Partners L.P. in a report on Friday, July 29th. Three investment analysts have rated the stock with a hold rating and twenty-two have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $31.89.

About Enterprise Products Partners L.P.

Enterprise Products Partners L.P. (Enterprise) is a provider of midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, petrochemicals and refined products in North America. The Company’s segments include NGL Pipelines & Services; Crude Oil Pipelines & Services; Natural Gas Pipelines & Services, and Petrochemical & Refined Products Services.

5 Day Chart for NYSE:EPD

Want to see what other hedge funds are holding EPD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Enterprise Products Partners L.P. (NYSE:EPD).

Receive News & Ratings for Enterprise Products Partners L.P. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enterprise Products Partners L.P. and related companies with MarketBeat.com's FREE daily email newsletter.