Energy Transfer Equity, LP (ETE) Given Daily Coverage Optimism Score of 0.31

Brookfield Asset Management Inc decreased Energy Transfer Equity LP (ETE) stake by 28.63% reported in 2016Q4 SEC filing. OppenheimerFunds Inc. now owns 27,097,302 shares of the pipeline company's stock valued at $534,629,000 after buying an additional 1,112,663 shares in the last quarter. Finally, New England Private Wealth Advisors LLC purchased a new position in Energy Transfer Equity, L.P. during the first quarter worth approximately $312,000.

Energy Transfer Partners, L.P., formerly Sunoco Logistics Partners L.P., launched on October 15, 2001, owns and operates a logistics business. Morgan Stanley now owns 48,923,092 shares of the pipeline company's stock valued at $965,253,000 after buying an additional 529,737 shares in the last quarter. Finally, Wolfe Research restated a "market perform" rating on shares of Energy Transfer Equity, L.P.in a research note on Friday, May 12th. Sanders Morris Harris Inc. now owns 80,550 shares of the pipeline company's stock valued at $1,590,000 after buying an additional 52,800 shares in the last quarter.

Energy Transfer Equity, L.P. (ETE) owns equity interests in Energy Transfer Partners, L.P. (ETP) and Sunoco LP, which are engaged in diversified energy-related services. Bessemer Grp reported 0% of its portfolio in Energy Transfer Equity LP (NYSE:ETE). One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company's stock. Energy Transfer Equity, L.P. has a 12 month low of $13.77 and a 12 month high of $20.05. Royal Bank Of Canada restated a "buy" rating and issued a $22.00 target price on shares of Energy Transfer Equity, L.P.in a research note on Tuesday, May 23rd. (NYSE ETE) traded up 1.06% during trading on Friday, hitting $18.04. The company has a market capitalization of $19.61 billion, a P/E ratio of 21.66 and a beta of 1.91. The company's 50-day moving average is $17.19 and its 200 day moving average is $18.33.

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ETE has been the topic of several analyst reports. Goldman Sachs initiated the shares of ZEN in report on Friday, December 11 with "Buy" rating. Sanford C. Bernstein started coverage on Energy Transfer Equity, L.P.in a research report on Tuesday, May 16th. Jefferies has "Buy" rating and $15 target. Deutsche Bank AG cut their price target on shares of Energy Transfer Equity, L.P. from $23.00 to $22.00 and set a "buy" rating on the stock in a report on Wednesday, June 21st. WFG Advisors LP raised its stake in Energy Transfer Equity, L.P.by 1,251.4% in the fourth quarter. On September 29 analysts at Stephens & Co. added the stock to its research portfolio giving it an initial rating of "Overweight". The stock now has an average rating of "Buy" and a consensus price target of $20.72.

Receive Energy Transfer Equity, L.P. News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Energy Transfer Equity, L.P. with MarketBeat.com's FREE daily email newsletter. The Company's segments include Investment in ETP, including the consolidated operations of ETP; Investment in Sunoco LP, including the consolidated operations of Sunoco LP; Investment in Lake Charles LNG, including the operations of Lake Charles LNG, and Corporate and Other.

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