ENERGY TRANSFER PARTNERS (NYSE:ETP) is expected to pay $1.06 on Nov 14, 2016. The indicated annual dividend is $4.22. Shareholders owning the stock before Nov 3, 2016 will be eligible to receive the payout. Based on ENERGY TRANSFER PARTNERS’s current price of $34.68, the dividend is 3.04%. This dividend’s record date is Nov 7, 2016 and the announcement date is Oct 28, 2016. The stock decreased 0.86% or $0.3 during the last trading session, hitting $34.68. Energy Transfer Partners LP (NYSE:ETP) has risen 7.24% since March 31, 2016 and is uptrending. It has outperformed by 4.71% the S&P500.
Energy Transfer Partners, L.P. is a master limited partnership. The company has a market cap of $18.14 billion. The Firm is engaged in natural gas operations, including natural gas midstream and intrastate transportation and storage. It currently has negative earnings.
Insitutional Activity: The institutional sentiment increased to 1 in 2016 Q2. Its up 0.26, from 0.74 in 2016Q1. The ratio increased, as 48 funds sold all Energy Transfer Partners LP shares owned while 135 reduced positions. 40 funds bought stakes while 143 increased positions. They now own 256.39 million shares or 8.74% less from 280.94 million shares in 2016Q1.
Glob X Management Comm Ltd Liability Corporation, a New York-based fund reported 822,848 shares. Raymond James And Associates, a Florida-based fund reported 341,891 shares. The New Jersey-based Summit Equities has invested 0.33% in Energy Transfer Partners LP (NYSE:ETP). Payden And Rygel, a California-based fund reported 2,473 shares. Tiaa Cref Tru Comm Fsb Mo accumulated 0% or 13,030 shares. Parametric Portfolio Limited Liability Com has invested 0.06% of its portfolio in Energy Transfer Partners LP (NYSE:ETP). Duncker Streett And Company Inc, a Missouri-based fund reported 5,000 shares. Utd Capital Advisers Ltd Liability holds 0% of its portfolio in Energy Transfer Partners LP (NYSE:ETP) for 12,581 shares. First owns 10,864 shares or 0.06% of their US portfolio. National Bank owns 17,179 shares or 0.09% of their US portfolio. Spirit Of America Management Ny holds 413,711 shares or 2.31% of its portfolio. Architects last reported 6,258 shares in the company. Morgan Stanley accumulated 15.92 million shares or 0.22% of the stock. Wfg Advsr L P holds 0.14% of its portfolio in Energy Transfer Partners LP (NYSE:ETP) for 13,699 shares. Nelson Van Denburg & Campbell Wealth Management Gp Limited Liability Com holds 1,682 shares or 0.02% of its portfolio.
Energy Transfer Partners LP (NYSE:ETP) Ratings Coverage
Out of 16 analysts covering Energy Transfer Partners (NYSE:ETP), 12 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 75% are positive. Energy Transfer Partners has been the topic of 30 analyst reports since August 10, 2015 according to StockzIntelligence Inc. The rating was initiated by Stephens with “Overweight” on Thursday, September 29. The firm has “Buy” rating by Stifel Nicolaus given on Tuesday, August 11. Jefferies initiated Energy Transfer Partners LP (NYSE:ETP) rating on Friday, December 18. Jefferies has “Buy” rating and $48 price target. Zacks downgraded the stock to “Buy” rating in Monday, August 10 report. Barclays Capital maintained Energy Transfer Partners LP (NYSE:ETP) on Monday, April 4 with “Overweight” rating. Bernstein initiated it with “Market Perform” rating and $39 target price in Wednesday, May 11 report. Stifel Nicolaus downgraded Energy Transfer Partners LP (NYSE:ETP) on Monday, April 4 to “Hold” rating. Mizuho initiated the stock with “Buy” rating in Friday, September 30 report. Barclays Capital maintained Energy Transfer Partners LP (NYSE:ETP) on Tuesday, May 31 with “Overweight” rating. The rating was downgraded by Bank of America to “Neutral” on Thursday, February 25.
More notable recent Energy Transfer Partners LP (NYSE:ETP) news were published by: Fool.com which released: “Energy Transfer Partners LP Picks Up a New Growth Vehicle” on October 25, 2016, also Finance.Yahoo.com with their article: “Energy Transfer Partners to Acquire Certain Interests in PennTex Midstream …” published on October 25, 2016, Streetinsider.com published: “Energy Transfer Partners (ETP) to Acquire PennTex Development (PTXP)” on October 25, 2016. More interesting news about Energy Transfer Partners LP (NYSE:ETP) were released by: Fool.com and their article: “Better Buy Now: Williams Companies Inc vs. Energy Transfer Equity LP” published on October 27, 2016 as well as Bloomberg.com‘s news article titled: “Energy Transfer Advances on Dakota Pipeline, Protests Grow” with publication date: October 11, 2016.
ETP Company Profile
Energy Transfer Partners, L.P. (ETP), incorporated on April 17, 1996, is a master limited partnership. The Firm is engaged in natural gas operations, including natural gas midstream and intrastate transportation and storage through La Grange Acquisition, L.P. (ETC OLP), and interstate natural gas transportation and storage through Energy Transfer Interstate Holdings, LLC (ET Interstate) and Panhandle Eastern Pipe Line Company, LP (Panhandle); liquids operations, including natural gas liquids (NGL) transportation, storage and fractionation services primarily through Lone Star NGL LLC (Lone Star); product and crude oil operations, including product and crude oil transportation, terminalling services, and acquisition and marketing activities through Sunoco Logistics Partners L.P. (Sunoco Logistics) and retail marketing of gasoline and middle distillates through Sunoco, Inc. The Company’s divisions include Intrastate Transportation and Storage Segment; Interstate Transportation and Storage Segment; Midstream Segment; Liquids Transportation and Services Segment; Investment in Sunoco Logistics segment; Retail Marketing Segment, and All Other Segment.
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