Notable Dividend Flow: Enbridge Energy, L.P. (NYSE:EEP) advises to “Mark your calendars” for Nov 14, 2016; dividends expected to reach $0.58.

Notable Dividend Flow: Enbridge Energy, L.P. (NYSE:EEP) advises to

Enbridge Energy, L.P. (NYSE:EEP) is expected to pay $0.58 on Nov 14, 2016. The indicated annual dividend is $2.33. Shareholders owning the stock before Nov 3, 2016 will be eligible to receive the payout. Based on Enbridge Energy, L.P.’s current price of $24.62, the dividend is 2.37%. This dividend’s record date is Nov 7, 2016 and the announcement date is Nov 1, 2016. The stock decreased 0.12% or $0.03 during the last trading session, hitting $24.62. Enbridge Energy Partners, L.P. (NYSE:EEP) has risen 34.39% since March 31, 2016 and is uptrending. It has outperformed by 31.87% the S&P500.

Enbridge Energy Partners, L.P. is a limited partnership that owns and operates crude oil and liquid petroleum transportation and storage assets, and natural gas gathering, treating, processing, transportation and marketing assets in the United States. The company has a market cap of $8.26 billion. The Company’s activities include interstate pipeline transportation and storage of crude oil and liquid petroleum, and gathering, treating, processing and transportation of natural gas and natural gas liquids , through pipelines and related facilities, and supply, transportation and sales services, including purchasing and selling natural gas and NGLs. It has a 280 P/E ratio. The Firm operates in two business divisions: Liquids and Natural Gas.

Insitutional Activity: The institutional sentiment increased to 0.82 in 2016 Q2. Its up 0.10, from 0.72 in 2016Q1. The ratio improved, as 28 funds sold all Enbridge Energy Partners, L.P. shares owned while 86 reduced positions. 29 funds bought stakes while 64 increased positions. They now own 129.88 million shares or 4.73% less from 136.33 million shares in 2016Q1.
Thompson Siegel And Walmsley Limited Liability Co accumulated 0% or 588 shares. Stephens Incorporated Ar holds 0.01% or 9,704 shares in its portfolio. Cohen Cap Mgmt accumulated 1.07% or 157,976 shares. First Manhattan Company, a New York-based fund reported 600 shares. Bridges Invest Mngmt holds 0.17% of its portfolio in Enbridge Energy Partners, L.P. (NYSE:EEP) for 30,110 shares. Renaissance Tech Ltd has 0.01% invested in the company for 274,300 shares. First Trust Advsrs L P last reported 0.04% of its portfolio in the stock. Sg Americas Securities Limited Liability Com last reported 0.02% of its portfolio in the stock. Spirit Of America Management Ny accumulated 265,410 shares or 0.9% of the stock. Thompson Davis holds 0.02% of its portfolio in Enbridge Energy Partners, L.P. (NYSE:EEP) for 575 shares. Vsr Financial Service last reported 9,979 shares in the company. Burnham Asset Mgmt Corp Ny reported 33,000 shares or 0.21% of all its holdings. American National Registered Invest Advisor Incorporated has invested 0.17% of its portfolio in Enbridge Energy Partners, L.P. (NYSE:EEP). Lpl Fincl Ltd has 76,645 shares for 0.01% of their US portfolio. Metropolitan Life Insur Ny has invested 0.05% of its portfolio in Enbridge Energy Partners, L.P. (NYSE:EEP).

Enbridge Energy Partners, L.P. (NYSE:EEP) Ratings Coverage

Out of 13 analysts covering Enbridge Energy Partners (NYSE:EEP), 8 rate it a “Buy”, 1 “Sell”, while 4 “Hold”. This means 62% are positive. Enbridge Energy Partners has been the topic of 26 analyst reports since July 21, 2015 according to StockzIntelligence Inc. Piper Jaffray reinitiated the stock with “Neutral” rating in Friday, April 1 report. The firm has “Sell” rating by Goldman Sachs given on Wednesday, July 20. UBS maintained the stock with “Buy” rating in Friday, July 29 report. The company was upgraded on Wednesday, September 7 by Simmons & Co. The company was initiated on Friday, September 30 by Mizuho. Barclays Capital maintained the shares of EEP in a report on Monday, October 12 with “Equal-Weight” rating. The company was upgraded on Wednesday, September 7 by iperJaffray. RBC Capital Markets maintained it with “Sector Perform” rating and $31 target price in Tuesday, November 3 report. The rating was maintained by Credit Suisse on Thursday, February 18 with “Outperform”. The firm earned “Overweight” rating on Wednesday, September 7 by Piper Jaffray.

More recent Enbridge Energy Partners, L.P. (NYSE:EEP) news were published by: Forbes.com which released: “Ex-Dividend Reminder: Enbridge Energy Partners, Crestwood Equity Partners and …” on November 01, 2016. Also Bizjournals.com published the news titled: “Enbridge Energy Partners, Marathon Petroleum to buy $2B stake in pipeline system” on August 03, 2016. Marketwired.com‘s news article titled: “Enbridge Energy Partners, L.P. to Webcast Its 2016 Third Quarter Financial Results” with publication date: October 14, 2016 was also an interesting one.

EEP Company Profile

Enbridge Energy Partners, L.P., incorporated on October 16, 1991, is a limited partnership that owns and operates crude oil and liquid petroleum transportation and storage assets, and natural gas gathering, treating, processing, transportation and marketing assets in the United States. The Company’s activities include interstate pipeline transportation and storage of crude oil and liquid petroleum, and gathering, treating, processing and transportation of natural gas and natural gas liquids (NGLs), through pipelines and related facilities, and supply, transportation and sales services, including purchasing and selling natural gas and NGLs. The Firm operates in two business divisions: Liquids and Natural Gas.

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