Enterprise Products Partners LP (NYSE:EPD) Q2 2019 Sentiment Report

Enterprise Products Partners L.P. (NYSE:EPD) Logo

Sentiment for Enterprise Products Partners LP (NYSE:EPD)

Enterprise Products Partners LP (NYSE:EPD) institutional sentiment increased to 0.96 in 2019 Q2. Its up 0.01, from 0.95 in 2019Q1. The ratio increased, as 288 active investment managers increased and opened new equity positions, while 299 trimmed and sold stakes in Enterprise Products Partners LP. The active investment managers in our partner’s database now hold: 754.76 million shares, down from 758.94 million shares in 2019Q1. Also, the number of active investment managers holding Enterprise Products Partners LP in their top 10 equity positions decreased from 60 to 58 for a decrease of 2. Sold All: 50 Reduced: 249 Increased: 215 New Position: 73.

Enterprise Products Partners L.P. provides midstream energy services to producers and clients of natural gas, natural gas liquids , crude oil, petrochemicals, and refined products. The company has market cap of $62.45 billion. The firm operates through NGL Pipelines & Services, Crude Oil Pipelines & Services, Natural Gas Pipelines & Services, and Petrochemical & Refined Products Services divisions. It has a 12.36 P/E ratio. The NGL Pipelines & Services segment offers natural gas processing and related NGL marketing services, as well as NGL export docks and related services.

The stock decreased 0.52% or $0.15 during the last trading session, reaching $28.53. About 5.13 million shares traded or 45.85% up from the average. Enterprise Products Partners L.P. (NYSE:EPD) has risen 3.47% since September 13, 2018 and is uptrending. It has outperformed by 3.47% the S&P500.

Analysts await Enterprise Products Partners L.P. (NYSE:EPD) to report earnings on October, 30. They expect $0.53 earnings per share, up 3.92 % or $0.02 from last year’s $0.51 per share. EPD’s profit will be $1.16B for 13.46 P/E if the $0.53 EPS becomes a reality. After $0.55 actual earnings per share reported by Enterprise Products Partners L.P. for the previous quarter, Wall Street now forecasts -3.64 % negative EPS growth.

Argyll Research Llc holds 83.96% of its portfolio in Enterprise Products Partners L.P. for 10.94 million shares. Samson Capital Management Llc owns 433,674 shares or 23.54% of their US portfolio. Moreover, Sentinel Trust Co Lba has 16.98% invested in the company for 2.14 million shares. The New York-based Heronetta Management L.P. has invested 15.01% in the stock. Harvest Fund Advisors Llc, a Pennsylvania-based fund reported 50.79 million shares.

Since January 1, 0001, it had 1 insider buy, and 0 sales for $150,000 activity.

Enterprise Products Partners L.P. (NYSE:EPD) Ratings Coverage

Ratings analysis reveals 80% of Enterprise Prods Partners’s analysts are positive. Out of 5 Wall Street analysts rating Enterprise Prods Partners, 4 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $32 while the high is $3700. The stock’s average target of $34.80 is 21.98% above today’s ($28.53) share price. EPD was included in 7 notes of analysts from April 3, 2019. Goldman Sachs upgraded Enterprise Products Partners L.P. (NYSE:EPD) rating on Wednesday, April 3. Goldman Sachs has “Buy” rating and $32 target. Stifel Nicolaus maintained the stock with “Buy” rating in Thursday, August 1 report.

More notable recent Enterprise Products Partners L.P. (NYSE:EPD) news were published by: Bizjournals.com which released: “Houston-based midstream giant makes exec promotions, including COO and chief commercial officer – Houston Business Journal” on September 03, 2019, also Finance.Yahoo.com with their article: “3 Dividend Stocks That Pay Better Than Coca-Cola – Yahoo Finance” published on August 22, 2019, Seekingalpha.com published: “5 Years Since Midstream Peak: Universe Update And In Memoriam – Seeking Alpha” on August 25, 2019. More interesting news about Enterprise Products Partners L.P. (NYSE:EPD) were released by: Fool.com and their article: “3 Top Dividend Stocks With Yields Over 5% – The Motley Fool” published on August 25, 2019 as well as 247Wallst.com‘s news article titled: “7 Big Oil & Gas Stocks Analysts Want You to Buy Now – 24/7 Wall St.” with publication date: August 21, 2019.

Enterprise Products Partners L.P. (NYSE:EPD) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.