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Enterprise Products approached Williams over acquisition

Out of 13 analysts covering Enterprise Products Partners L.P. (NYSE:EPD), 11 rate it a “Buy”, 0 “Sell”, while 2 “Hold”.

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Several large investors have modified their holdings of EPD. 5143834 shares were traded on Enterprise Products Partners L.P.’s last session. The Hedge Fund company now holds 155,233 shares of EPD which is valued at $4,237,861. The Company holds 1347.71 million shares outstanding. Enterprise Product Partners has not pursued the matter further either, the source said. Now shares have been rated as “Buy” from 13 Analysts.

Enterprise Products Partners L.P. was downgraded to “neutral” by analysts at Seaport Global Securities. Enterprise Products Partners L.P. experienced its Day High at -9.00%, with its Day Low of 3.63%.

Several other analysts also recently commented on EPD. Williams Randa Duncan accumulated 10,000 shares in the company at a per-share price of $24 and ended up spending $240,000 in the investment.

Enterprise Products Partners L.P. (NYSE:EPD)’s earnings per share growth ratio for the past 5 years was noted as 16.9% while revenue increase for the past 5 years was -4.3%.

01/06/2016 – Enterprise Products Partners L.P. had its “sector outperform” rating reiterated by analysts at Scotiabank. They now have a United States dollars 29 price target on the stock. The company stock was initiated at Outperform, wrote analysts at Bernstein, in a research note issued to clients on Wednesday May 11, 2016. The mean price target is calculated keeping in view the consensus of 18 brokerage firms.

01/20/2016 – Enterprise Products Partners L.P. was upgraded to “overweight” by analysts at Morgan Stanley. (NYSE:EPD) opened at 27.56 on Thursday. The 20-Day Simple Moving Average is determined at -3.87% that showed a 200-Day Simple Moving Average of 6.68%.

During the 52-week period, the peak price level of the share was observed at $30.11; this is higher price of share and down price level of the share was seen at $19.00; this is lower price at which share is traded. Company has a market cap of $57,034 M.

Enterprise Products Partners L.P. (EPD): Chicago Partners Investment Group reduced its stake in Enterprise Products Partners L.P.by 3.52% during the most recent quarter end.

Financial Times reported that The 23 analysts offering 12 month price targets for Analog Devices, Inc. have a median target of 73.00, with a high estimate of 90.00 and a low estimate of 53.00. The firm earned $5.62 billion during the quarter, compared to analysts’ expectations of $5.62 billion. This represents a $1.60 dividend on an annualized basis and a dividend yield of 5.81%.

11/16/2015 – Enterprise Products Partners L.P. had its “buy” rating reiterated by analysts at Deutsche Bank.

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

Enterprise Products Partners LP