ENERGY TRANSFER PARTNERS (NYSE:ETP) EPS Analysis

Gladys Abbott
June 12, 2017

Director, 10% Owner at Energy Transfer Equity, L.P., WARREN KELCY L on 2015-12-09 Buy 2485000 shares of the company at a price of $16.62. Chicago Partners Investment Group LLC's holdings in Energy Transfer Partners were worth $7,162,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Hodges Capital Management Inc. increased its stake in shares of Energy Transfer Partners by 3.5% in the first quarter. Highlander Capital Management LLC now owns 15,155 shares of the pipeline company's stock valued at $561,000 after buying an additional 500 shares during the period. Its last month's stock price volatility remained 2.95% which for the week stands at 2.72%. Hsbc Holdings PLC now owns 9,764,692 shares of the pipeline company's stock valued at $163,949,000 after buying an additional 4,191,129 shares in the last quarter. Advisory Research Inc. now owns 8,543,461 shares of the pipeline company's stock valued at $305,942,000 after buying an additional 623,118 shares during the last quarter. Cetera Advisors LLC raised its stake in Energy Transfer Partners by 1.6% in the third quarter. Cetera Advisors LLC now owns 17,054 shares of the pipeline company's stock valued at $631,000 after buying an additional 263 shares during the period. JPMorgan Chase & Co. raised its position in shares of Energy Transfer Partners by 12.2% in the first quarter. Fairfield Bush & CO. now owns 155,595 shares of the pipeline company's stock valued at $5,757,000 after buying an additional 1,904 shares during the period.

Shares of Energy Transfer Partners LP (ETP) traded down 0.62% during trading on Friday, hitting $20.85.

Energy Transfer Equity, L.P. was covered by a number of analysts recently, 6 rated the stock as Buy, 6 rated Outperform, 7 rated Hold, 0 gave an Underperform and 0 rated sell. Year to date is -3.80%, -3.56% over the last quarter, -14.54% for the past six months and -24.22% over the last 12 months. The company has a market cap of $17.83 billion, a P/E ratio of 19.83 and a beta of 1.86. This gives investors an idea of how much the security has moved in the a year ago and whether it is trading near the top, middle or bottom of the range. Stockholders of record on Wednesday, May 10th were paid a dividend of $0.285 per share. The ex-dividend date was Monday, May 8th. It is equal to earnings before interest, tax, depreciation and amortization (EBITDA) divided by overall revenue. If you are accessing this piece on another domain, it was illegally copied and reposted in violation of United States and global copyright law. The legal version of this piece of content can be accessed at https://transcriptdaily.com/2017/06/11/baird-financial-group-inc-has-466000-position-in-energy-transfer-partners-lp-etp-updated.html.

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Several analysts have issued reports on ETE shares. The share price is now up 2.55% for the past three months. Energy Transfer Equity has an average rating of "Buy" and an average price target of $20.38. BMO Capital Markets reaffirmed a "hold" rating and set a $39.00 price target on shares of Energy Transfer Partners in a research report on Monday, April 17th. This technical momentum indicator compares the size of recent gains to recent losses helping to identify possible overbought and oversold conditions.

On a consensus basis, analysts have a Buy/Sell rating of 1.70, which is based on a 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell. Zacks Investment Research upgraded shares of Energy Transfer Equity from a "hold" rating to a "strong-buy" rating and set a $21.00 price target on the stock in a research report on Tuesday, March 14th. The stock was acquired at an average cost of $23.19 per share, for a total transaction of $70,103.37.

The Stock now has a consensus recommendation of 1.70. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Closely-held shares are those owned by insiders, major shareholders and employees, while restricted stock refers to insider shares that can not be traded because of a temporary restriction such as the lock-up period after an initial public offering.

Energy Transfer Partners, L.P. (NYSE:ETP)for the trailing twelve months paying dividend with the payout ratio of 85.05% to its shareholders. The Company is engaged in the transport, terminaling and storage of crude oil, refined products and natural gas liquids (NGLs).

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