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Brokerage Recom. Worth Watching: Enterprise Products Partners L.P. (NYSE:EPD)

03/31/2016 – Enterprise Products Partners L.P. had its “overweight” rating reiterated by analysts at Mitsubishi UFJ. Sei Investments Co.’s holdings in Enterprise Products Partners L.P. were worth $3,329,000 as of its most recent filing with the SEC.

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Several other hedge funds have also recently made changes to their positions in EPD. (NYSE:EPD) traded up 0.2685% on Thursday, reaching $28.5665. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.48% in the last 1 week, and is up 3.65% in the past 4 weeks.

11/16/2015 – Enterprise Products Partners L.P. had its “buy” rating reiterated by analysts at Deutsche Bank. Year-to-Date the stock performance stands at 15.4%. The company has a market cap of $296.27M and now has 37.08M shares outstanding.

04/01/2016 – Enterprise Products Partners L.P. had its “overweight” rating reiterated by analysts at Simmons. The share price of $7.99 is at a distance of 43.19 percent from its 52-week low and down -61.92 percent versus its peak. Finally, Advantus Capital Management Inc raised its stake in shares of Enterprise Products Partners L.P.by 63.3% in the fourth quarter.

02/08/2016 – Enterprise Products Partners L.P. had its “buy” rating reiterated by analysts at Goldman Sachs. Capital Product Partners L.P. (NASDAQ:CPLP) 52-week high is $8.220 and the 52-week low is $2.410. (NYSE:EPD) traded down 0.38% during midday trading on Tuesday, hitting $28.99. The company recent traded volume was higher than its average volume of 4.05 million shares. Enterprise Products Partners L.P. The firm has a market cap of $58.71 billion and a PE ratio of 22.6359. The stock is now holding above its 50 day moving average of $0.11 and below its 200 day moving average of $28.82.

Enterprise Products Partners L.P. (NYSE:EPD) mean estimate for revenue for the ongoing quarter ending Jun 16 is $5.65B by 9 analysts. During the same quarter previous year, the company posted $0.34 earnings per share. Enterprise’s natural gas processing plants reported fee-based processing volumes of 5.0 Bcf/d in the second quarter of 2016 compared to 4.9 Bcf/d for the second quarter of 2015. The business’s revenue for the quarter was down 20.8% compared to the same quarter past year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 5th. The stock recorded a low of $29.2 and closed the trading day at $29.52, in the green by 0.44%. This represents a $1.60 dividend on an annualized basis and a dividend yield of 5.50%.

01/20/2016 – Enterprise Products Partners L.P. was upgraded to “overweight” by analysts at Morgan Stanley. They now have a Dollars 30 price target on the stock. The 25 equity analysts who rate the stock have an average target price at $32.56, with individual targets ranging between $30 and $35.

04/19/2016 – Enterprise Products Partners L.P. had its “buy” rating reiterated by analysts at Citigroup. They set an “outperform” rating and a $29.00 target price on the stock.

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For the next one year, EPS estimate is set at $1.47 by 26 analysts although a year ago the analysts recommended the company’s EPS at $1.36. The mean price target is calculated keeping in view the consensus of 26 brokerage firms. The Company’s segments include NGL Pipelines & Services; Crude Oil Pipelines & Services; Natural Gas Pipelines & Services, and Petrochemical & Refined Products Services.

Enterprise Products also raised its dividend in the second quarter