BSW Wealth Partners raised its stake in shares of Enterprise Products Partners L.P. (NYSE:EPD) by 0.9% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,763 shares of the oil and gas producer’s stock after acquiring an additional 70 shares during the period. BSW Wealth Partners’ holdings in Enterprise Products Partners L.P. were worth $210,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. First Financial Corp IN lifted its stake in Enterprise Products Partners L.P. by 11.1% during the 2nd quarter. First Financial Corp IN now owns 4,000 shares of the oil and gas producer’s stock valued at $108,000 after acquiring an additional 400 shares in the last quarter. First Eagle Investment Management LLC bought a new position in Enterprise Products Partners L.P. during the 2nd quarter valued at $130,000. Camarda Financial Advisors LLC lifted its stake in Enterprise Products Partners L.P. by 0.6% during the 2nd 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 in the last quarter. Intellectus Partners LLC lifted its stake in Enterprise Products Partners L.P. by 8.0% during the 1st quarter. Intellectus Partners LLC now owns 5,400 shares of the oil and gas producer’s stock valued at $149,000 after acquiring an additional 399 shares in the last quarter. Finally, Archford Capital Strategies LLC lifted its stake in Enterprise Products Partners L.P. by 42.4% during the 1st quarter. Archford Capital Strategies LLC now owns 6,959 shares of the oil and gas producer’s stock valued at $192,000 after acquiring an additional 2,071 shares in the last quarter. Institutional investors and hedge funds own 37.85% of the company’s stock.

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Several equities analysts have weighed in on the company. Jefferies Group LLC dropped 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 upgraded Enterprise Products Partners L.P. from a “sell” rating to a “hold” rating in a research note on Saturday, August 19th. Stifel Nicolaus restated a “buy” rating and set a $30.00 price objective on shares of Enterprise Products Partners L.P. in a research note on Friday, August 11th. Sanford C. Bernstein restated an “outperform” rating on shares of Enterprise Products Partners L.P. in a research note on Thursday, August 10th. Finally, Barclays PLC restated an “overweight” rating and set a $31.00 price objective (down from $33.00) on shares of Enterprise Products Partners L.P. in a research note on Friday, August 4th. One research analyst has rated the stock with a hold rating, fifteen have given a buy rating and one has given a strong buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $31.39.

Shares of Enterprise Products Partners L.P. (EPD) opened at 26.15 on Thursday. Enterprise Products Partners L.P. has a one year low of $24.01 and a one year high of $30.25. The stock has a market cap of $56.17 billion, a price-to-earnings ratio of 20.57 and a beta of 0.90. The company has a 50-day moving average price of $26.16 and a 200 day moving average price of $26.97.

Enterprise Products Partners L.P. (NYSE:EPD) last announced its quarterly earnings results on Thursday, August 3rd. The oil and gas producer reported $0.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.03). The business had revenue of $6.61 billion for the quarter, compared to the consensus estimate of $6.44 billion. Enterprise Products Partners L.P. had a net margin of 10.28% and a return on equity of 12.04%. The company’s revenue for the quarter was up 17.6% compared to the same quarter last year. During the same period in the previous year, the company earned $0.27 earnings per share. Equities research analysts expect that Enterprise Products Partners L.P. will post $1.35 earnings per share for the current year.

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.

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Institutional Ownership by Quarter for Enterprise Products Partners L.P. (NYSE:EPD)

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