Traders purchased shares of Enterprise Products Partners L.P. (NYSE:EPD) on weakness during trading hours on Friday. $32.31 million flowed into the stock on the tick-up and $10.88 million flowed out of the stock on the tick-down, for a money net flow of $21.43 million into the stock. Of all companies tracked, Enterprise Products Partners L.P. had the 22nd highest net in-flow for the day. Enterprise Products Partners L.P. traded down ($0.03) for the day and closed at $26.25

A number of equities analysts have weighed in on the company. Jefferies Group LLC lowered their price objective on Enterprise Products Partners L.P. from $33.00 to $30.00 and set a “buy” rating on the stock in a research note on Friday, September 1st. BidaskClub raised Enterprise Products Partners L.P. from a “sell” rating to a “hold” rating in a research note on Saturday, August 19th. Stifel Nicolaus reaffirmed a “buy” rating and issued a $30.00 price target on shares of Enterprise Products Partners L.P. in a research note on Friday, August 11th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Enterprise Products Partners L.P. in a research note on Thursday, August 10th. Finally, Barclays PLC reaffirmed an “overweight” rating and issued a $31.00 price target (down previously from $33.00) on shares of Enterprise Products Partners L.P. in a research note on Friday, August 4th. One investment analyst has rated the stock with a hold rating, fifteen have issued a buy rating and one has given a strong buy rating to the company. Enterprise Products Partners L.P. currently has a consensus rating of “Buy” and a consensus price target of $31.39.

The stock has a market cap of $56.39 billion, a PE ratio of 20.65 and a beta of 0.90. The stock has a 50-day moving average of $26.27 and a 200-day moving average of $27.02.

Enterprise Products Partners L.P. (NYSE:EPD) last issued its earnings results on Thursday, August 3rd. The oil and gas producer reported $0.30 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.33 by $0.03. Enterprise Products Partners L.P. had a net margin of 10.08% and a return on equity of 11.52%. The firm had revenue of $6.61 billion during the quarter, compared to analyst estimates of $6.44 billion. During the same quarter in the previous year, the business posted $0.27 EPS. Enterprise Products Partners L.P.’s revenue was up 17.6% compared to the same quarter last year. On average, equities research analysts forecast that Enterprise Products Partners L.P. will post $1.36 earnings per share for the current year.

A number of institutional investors have recently modified their holdings of the stock. Day & Ennis LLC boosted its holdings in Enterprise Products Partners L.P. by 0.3% in the first quarter. Day & Ennis LLC now owns 8,057 shares of the oil and gas producer’s stock valued at $222,000 after acquiring an additional 26 shares during the last quarter. Camarda Financial Advisors LLC boosted its holdings in Enterprise Products Partners L.P. by 0.6% in the second quarter. Camarda Financial Advisors LLC now owns 4,835 shares of the oil and gas producer’s stock valued at $131,000 after acquiring an additional 27 shares during the last quarter. Focused Wealth Management Inc boosted its holdings in Enterprise Products Partners L.P. by 0.3% in the first quarter. Focused Wealth Management Inc now owns 11,788 shares of the oil and gas producer’s stock valued at $325,000 after acquiring an additional 33 shares during the last quarter. Sunbelt Securities Inc. boosted its holdings in Enterprise Products Partners L.P. by 0.5% in the first quarter. Sunbelt Securities Inc. now owns 8,124 shares of the oil and gas producer’s stock valued at $224,000 after acquiring an additional 40 shares during the last quarter. Finally, Patten & Patten Inc. TN boosted its holdings in Enterprise Products Partners L.P. by 0.5% in the second quarter. Patten & Patten Inc. TN now owns 9,487 shares of the oil and gas producer’s stock valued at $257,000 after acquiring an additional 44 shares during the last quarter. Hedge funds and other institutional investors own 37.85% of the company’s stock.

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Enterprise Products Partners L.P. Company Profile

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.

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