EPS for Spectra Energy Partners, LP (SEP) Expected At $0.88

January 24, 2018 - By Clifton Ray

 EPS for Spectra Energy Partners, LP (SEP) Expected At $0.88
Investors sentiment decreased to 1.13 in 2017 Q3. Its down 0.15, from 1.28 in 2017Q2. It turned negative, as 19 investors sold Spectra Energy Partners, LP shares while 66 reduced holdings. 19 funds opened positions while 77 raised stakes. 62.25 million shares or 3.77% more from 59.98 million shares in 2017Q2 were reported.
Bancorp Of Montreal Can holds 529,700 shares. Hemenway Tru Llc reported 30,000 shares stake. Oakworth Capital Inc, Alabama-based fund reported 722 shares. The New York-based Bankshares Of Mellon Corporation has invested 0% in Spectra Energy Partners, LP (NYSE:SEP). Pennsylvania-based Nationwide Fund Advisors has invested 0.01% in Spectra Energy Partners, LP (NYSE:SEP). Delta Asset Mngmt Lc Tn accumulated 1,000 shares. Qci Asset New York reported 0% in Spectra Energy Partners, LP (NYSE:SEP). Gould Asset Mgmt Ltd Ca owns 11,775 shares or 0.24% of their US portfolio. Citadel Advisors reported 24,665 shares stake. Renaissance Technologies Limited Liability Corporation accumulated 277,300 shares. Advantus Cap Mngmt Incorporated stated it has 0.09% of its portfolio in Spectra Energy Partners, LP (NYSE:SEP). Hartford Mngmt has invested 0.06% in Spectra Energy Partners, LP (NYSE:SEP). Winslow Evans & Crocker Incorporated holds 7,202 shares. Neuberger Berman Grp Inc Lc reported 843,923 shares stake. Aviance Prtn Ltd Com holds 23,346 shares.

Analysts expect Spectra Energy Partners, LP (NYSE:SEP) to report $0.88 EPS on February, 16.They anticipate $0.07 EPS change or 8.64 % from last quarter’s $0.81 EPS. SEP’s profit would be $279.25 million giving it 12.35 P/E if the $0.88 EPS is correct. After having $1.41 EPS previously, Spectra Energy Partners, LP’s analysts see -37.59 % EPS growth. The stock increased 0.14% or $0.06 during the last trading session, reaching $43.46. About 397,224 shares traded. Spectra Energy Partners, LP (NYSE:SEP) has declined 3.32% since January 24, 2017 and is downtrending. It has underperformed by 20.02% the S&P500.

Spectra Energy Partners, LP (NYSE:SEP) Ratings Coverage

Among 19 analysts covering Spectra Energy Partners LP (NYSE:SEP), 9 have Buy rating, 2 Sell and 8 Hold. Therefore 47% are positive. Spectra Energy Partners LP had 49 analyst reports since July 23, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Monday, October 16 by Jefferies. The stock of Spectra Energy Partners, LP (NYSE:SEP) has “Outperform” rating given on Monday, January 18 by Wells Fargo. The firm earned “Overweight” rating on Friday, June 23 by JP Morgan. The stock of Spectra Energy Partners, LP (NYSE:SEP) earned “Equal-Weight” rating by Morgan Stanley on Wednesday, January 20. Bernstein initiated the stock with “Market Perform” rating in Wednesday, May 11 report. The firm has “Buy” rating by Stifel Nicolaus given on Tuesday, May 31. Morgan Stanley initiated the shares of SEP in report on Friday, March 24 with “In-Line” rating. The stock of Spectra Energy Partners, LP (NYSE:SEP) earned “Buy” rating by RBC Capital Markets on Thursday, August 3. The firm earned “Buy” rating on Thursday, September 7 by Jefferies. The rating was maintained by Raymond James on Thursday, December 14 with “Buy”.

Spectra Energy Partners, LP operates as an investment arm of Spectra Energy Corp. The company has market cap of $13.79 billion. Spectra Energy Partners, LP, through its subsidiaries, engages in the transportation of natural gas through interstate pipeline systems, and the storage of natural gas in underground facilities in the United States. It has a 12.97 P/E ratio. As of December 31, 2007, it owned and operated 100% of the approximately 1,400-mile East Tennessee interstate natural gas transportation system that extends from central Tennessee eastward into southwest Virginia and northern North Carolina, and southward into northern Georgia; and a liquefied natural gas storage facility in Kingsport, Tennessee with working gas storage capacity of approximately 1.1 billion cubic feet and re-gasification capability of 150 million cubic feet per day.

More news for Spectra Energy Partners, LP (NYSE:SEP) were recently published by: Reuters.com, which released: “BRIEF-Enbridge Inc And Spectra Energy Partners Announce Definitive Agreement …” on January 22, 2018. Streetinsider.com‘s article titled: “Enbridge (ENB) and Spectra Energy Partners, LP (SEP) Announce Definitive …” and published on January 22, 2018 is yet another important article.

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