04/19/2016 - BMO Capital Markets began new coverage on Spectra Energy Partners, LP giving the company a "outperform" rating. Finally, Barclays PLC reiterated an overweight rating and issued a $55.00 target price on shares of Valero Energy Partners in a research note on Monday, February 6th. The volume of 1.36 Million shares climbed up over an trading activity of 1.14 Million shares. The stock's 50-day moving average is $48.70 and its 200-day moving average is $44.12.
Several analysts have released their opinion on NGL Energy Partners LP (NYSE:NGL), with 4 analysts believing it is a strong buy. The Company is managed by its general partner, Energy Transfer Partners GP, L.P. (ETP GP). The third largest holder is Alps Advisors Inc, which now holds $150.18 million worth of this stock and that ownership represents almost 5.58% of its market capitalization. Spectra Energy Partners, has a 12-month low of $40.19 and a 12-month high of $50.43.
Energy Transfer Partners (NYSE:ETP) last announced its quarterly earnings data on Wednesday, February 22nd.
For the Current Quarter, 5 analysts are projecting the mean EPS to be $0.27/share. Energy Transfer Partners had a net margin of 3.79% and a return on equity of 5.39%. The company earned $6.53 billion during the quarter, compared to the consensus estimate of $6.48 billion. Valero Energy Partners's quarterly revenue was up 31.1% compared to the same quarter previous year. US Capital Advisors analyst B. Followill now anticipates that the firm will post earnings per share of $0.81 for the quarter, down from their prior estimate of $0.83.
Spectra Energy Partners, L.P. through its subsidiaries and equity affiliates, is engaged in the transmission, storage and gathering of natural gas, the transportation and storage of crude oil, and the transportation of natural gas liquids.
The business also recently declared a quarterly dividend, which was paid on Tuesday, February 14th. This represents a $4.22 dividend on an annualized basis and a dividend yield of 11.69%. Energy Transfer Partners's payout ratio is -345.90%. The shares were acquired at an average cost of $35.65 per share, for a total transaction of $111,548.85. Following the transaction, the director now directly owns 20,255 shares in the company, valued at $722,090.75. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Appaloosa LP increased its stake in Energy Transfer Partners by 3.0% in the fourth quarter.
A number of institutional investors have recently made changes to their positions in the stock. CENTRAL TRUST Co increased its position in shares of Spectra Energy Partners, by 8.8% in the third quarter. Harvest Fund Advisors LLC increased its stake in Energy Transfer Partners by 20.8% in the second quarter. The price-to-book ratio (P/B Ratio) is a ratio used to compare a stock's market value to its book value. Credit Suisse AG now owns 2,660,157 shares of the company's stock valued at $98,427,000 after buying an additional 1,935,207 shares in the last quarter.
08/15/2016 - ENERGY TRANSFER PARTNERS had its "equal-weight" rating reiterated by analysts at Morgan Stanley.
The Company now has Insider ownership of 27.11 Percent and Institutional Ownership of 47 Percent. Harvest Fund Advisors LLC now owns 21,761,655 shares of the company's stock worth $828,466,000 after buying an additional 3,751,357 shares during the last quarter. Advisory Research Inc. now owns 5,868,833 shares of the company's stock valued at $223,426,000 after buying an additional 1,432,530 shares in the last quarter. OZ Management LP now owns 785,816 shares of the company's stock valued at $29,075,000 after buying an additional 1,285,816 shares in the last quarter. Finally, Miracle Mile Advisors LLC bought a new position in shares of Spectra Energy Partners, during the third quarter valued at approximately $210,000.