Dividend Watching: Energy Transfer Equity, L.P. (NYSE:ETE) advises to “Mark your calendars” for Nov 18, 2016; dividends expected to reach $0.29.

Dividend Watching: Energy Transfer Equity, L.P. (NYSE:ETE) advises to

Energy Transfer Equity, L.P. (NYSE:ETE) is expected to pay $0.29 on Nov 18, 2016. The indicated annual dividend is $1.14. Shareholders owning the stock before Nov 3, 2016 will be eligible to receive the payout. Based on Energy Transfer Equity, L.P.’s current price of $14.68, the dividend is 1.94%. This dividend’s record date is Nov 7, 2016 and the announcement date is Oct 28, 2016. The stock decreased 1.67% or $0.25 during the last trading session, hitting $14.68. Energy Transfer Equity LP (NYSE:ETE) has risen 105.89% since March 31, 2016 and is uptrending. It has outperformed by 103.37% the S&P500.

Energy Transfer Equity, L.P. directly and indirectly owns equity interests in Energy Transfer Partners, L.P. (ETP) and SUN LP, which are engaged in diversified energy-related services. The company has a market cap of $15.17 billion. The Company, through its family of companies, owns and operates over 71,000 miles of natural gas, natural gas liquids (NGL), refined products and crude oil pipelines. It has a 13.39 P/E ratio. The Company’s divisions include Investment in ETP, including the consolidated activities of ETP; Investment in Sunoco LP, including the consolidated activities of Sunoco LP; Investment in Lake Charles LNG, including the activities of Lake Charles LNG, and Corporate and Other.

Insitutional Activity: The institutional sentiment increased to 0.67 in Q2 2016. Its up 0.01, from 0.66 in 2016Q1. The ratio increased, as 52 funds sold all Energy Transfer Equity LP shares owned while 111 reduced positions. 38 funds bought stakes while 71 increased positions. They now own 419.54 million shares or 8.98% less from 460.95 million shares in 2016Q1.
Salient Trust Commerce Lta has invested 0.11% of its portfolio in Energy Transfer Equity LP (NYSE:ETE). Veritable Ltd Partnership holds 0.07% or 178,126 shares in its portfolio. Whetstone Advsr Limited Com owns 1.75 million shares or 14.78% of their US portfolio. Wells Fargo & Mn holds 0.01% or 2.34M shares in its portfolio. Bb&T Securities Lc owns 141,437 shares or 0.03% of their US portfolio. Cullen Frost Bankers reported 34,949 shares or 0.02% of all its holdings. Camelot Portfolios Limited Co has 14,186 shares for 0.12% of their US portfolio. The Virginia-based Signature Financial Mgmt has invested 0.29% in Energy Transfer Equity LP (NYSE:ETE). Janney Montgomery Scott Ltd holds 62,665 shares or 0.01% of its portfolio. The Georgia-based Suntrust Banks Inc has invested 0% in Energy Transfer Equity LP (NYSE:ETE). Pinnacle Holdg Limited Liability Com owns 13,142 shares or 0% of their US portfolio. Third Security Limited Liability holds 0.56% or 752,400 shares in its portfolio. E&G Advisors L P, a Texas-based fund reported 54,200 shares. Baldwin Brothers Incorporated Ma accumulated 1,404 shares or 0% of the stock. Gamco Incorporated Et Al, a New York-based fund reported 60,830 shares.

Energy Transfer Equity LP (NYSE:ETE) Ratings Coverage

Out of 10 analysts covering Energy Transfer Equity LP (NYSE:ETE), 7 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 70% are positive. Energy Transfer Equity LP has been the topic of 14 analyst reports since October 27, 2015 according to StockzIntelligence Inc. Bernstein initiated Energy Transfer Equity LP (NYSE:ETE) on Wednesday, May 11 with “Market Perform” rating. The rating was maintained by Goldman Sachs on Wednesday, July 13 with “Neutral”. The firm has “Equal-Weight” rating given on Thursday, September 29 by Stephens. The stock of Energy Transfer Equity LP (NYSE:ETE) earned “Outperform” rating by Robert W. Baird on Monday, September 26. Mizuho initiated the shares of ETE in a report on Friday, September 30 with “Buy” rating. The rating was initiated by Jefferies with “Buy” on Friday, December 18. The stock has “Buy” rating given by Jefferies on Wednesday, June 8. The stock has “Overweight” rating given by Morgan Stanley on Monday, August 15. The firm has “Outperform” rating given on Tuesday, July 26 by Credit Suisse. The firm has “Buy” rating by Evercore given on Tuesday, October 27.

More important recent Energy Transfer Equity LP (NYSE:ETE) news were published by: Fool.com which released: “The Waiting Game: When Will Energy Transfer Equity LP Finally Give Investors a …” on October 03, 2016, also Investorplace.com published article titled: “Best Stocks of 2016: Energy Transfer Equity LP (ETE) Stock Still In the Race”, Forbes.com published: “Ex-Dividend Reminder: Baker Hughes, Energy Transfer Equity and Sunoco” on November 01, 2016. More interesting news about Energy Transfer Equity LP (NYSE:ETE) was released by: Fool.com and their article: “Energy Transfer Partners LP Picks Up a New Growth Vehicle” with publication date: October 25, 2016.

ETE Company Profile

Energy Transfer Equity, L.P. (ETE), incorporated on August 23, 2005, directly and indirectly owns equity interests in Energy Transfer Partners, L.P. (ETP) and SUN LP, which are engaged in diversified energy-related services. The Company, through its family of companies owns and operates approximately 71,000 miles of natural gas, natural gas liquids (NGL), refined products and crude oil pipelines. The Company’s divisions include Investment in ETP, including the consolidated activities of ETP; Investment in Sunoco LP, including the consolidated activities of Sunoco LP; Investment in Lake Charles LNG, including the activities of Lake Charles LNG, and Corporate and Other. The Company’s subsidiaries include ETP, Energy Transfer Partners GP, L.P. (ETP GP), Energy Transfer Partners, L.L.C. (ETP LLC), Panhandle Eastern Pipe Line Company, LP and its subsidiaries (Panhandle), Sunoco Logistics Partners L.P. (Sunoco Logistics), Sunoco LP, Lake Charles LNG Company, LLC (Lake Charles LNG) and ETP Holdco Corporation (ETP Holdco).

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