Shares of Enbridge Energy, L.P. (NYSE:EEP) opened at 26.00 on Friday.
The stock's price switched up -1.09% 20-Days Simple Moving Average, added 3.95% from 50-Days Simple Moving Average and rose 13.45% from 200 Days Simple Moving Average. Institutional investors and hedge funds own 55.27% of the company's stock. The transaction was disclosed in a filing with the SEC, which is available through this link. The correct version of this article can be accessed at https://baseballnewssource.com/markets/united-capital-financial-advisers-llc-purchases-11327-shares-of-spectra-energy-partners-lp-sep/472893.html. On technical aspect, moving averages may help to distinguish path of dispositions, and they may also be used to set degrees of support and resistance. The price to earnings growth is 0.28 and the price to sales ratio is 17. Spectra Energy Partners, had a net margin of 46.49% and a return on equity of 10.00%. (NYSE:EEP) last released its earnings results on Monday, October 31st. By placing estimates on the earnings of a firm for certain periods (quarterly, annually, etc), analysts can then use cashflow analysis to approximate a fair value for a company, which in turn will give a target share price for publicly traded companies. Currently, the company has a PEG Ratio of 1.83. The company had revenue of $663 million for the quarter, compared to analysts' expectations of $692.08 million.
EPS growth for this year is 30.00% and EPS growth for next year is expected to reach at 11.33%. On average, analysts predict that NextEra Energy Partners, will post $1.42 earnings per share for the current year. Shareholders of record on Tuesday, February 7th were paid a dividend of $0.3525 per share. This represents a $2.43 annualized dividend and a yield of 6.77%. The ex-dividend date of this dividend was Wednesday, February 15th. This is a positive change from Spectra Energy Partners, 's previous quarterly dividend of $0.68.
Enbridge Energy Partners, L.P. (NYSE:EEP) gained 0.55% with the closing price of $18.20.
This news story was originally published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this article on another publication, it was stolen and reposted in violation of USA & global trademark & copyright legislation. The legal version of this news story can be read at https://www.thecerbatgem.com/2017/03/01/michael-jennings-sells-10000-shares-of-holly-energy-partners-l-p-hep-stock.html. The overall volume in the last trading session was 1.22 million shares. Part of the data in this report is derived from Zacks Research and FactSet. Global X Management Co. Finally, Virtus ETF Advisers LLC boosted its position in shares of Spectra Energy Partners, by 50.8% in the third quarter.
03/16/2016 - GasLog Partners LP was upgraded to "neutral" by analysts at JP Morgan. For the quarter, revenue came in at 3.41B versus consensus estimate of 3.09B. The company had a trading volume of 348,820 shares. Raymond James Financial, Inc. upgraded Holly Energy Partners, L.P. from an "underperform" rating to a "market perform" rating in a research note on Thursday, January 12th. Analysts have a mean recommendation of 2.60 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). The firm set an "outperform" rating and a $35.00 price target on the stock.