Insider Activity of Energy Transfer Equity, LP (NYSE)

Lawrence Kim
November 23, 2017

BANK OF AMERICA CORP /DE/ raised its stake in Energy Transfer Equity, L.P. (NYSE:ETE) by 26.76% during the September 2017 quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. While, the analyst predicted that the company could provide an EPS of $0.36/share. Energy Transfer Equity, L.P. comprises about 3.7% of ING Groep NV's portfolio, making the stock its 3rd largest position. Whittier Trust Commerce Of Nevada, Nevada-based fund reported 3,600 shares. Sigma Planning Corp raised its position in shares of Energy Transfer Equity, L.P.by 2.6% in the second quarter. Ffcm LLC grew its holdings in shares of Energy Transfer Equity, L.P.by 226.7% in the second quarter. The stock has performed -3.60% over the last seven days, -5.09% over the last thirty, and -4.63% over the last three months. Raymond James Trust N.A. raised its position in Energy Transfer Equity, L.P.by 0.7% during the second quarter. Sei Investments Co. acquired a new stake in Energy Transfer Equity during the third quarter worth approximately $138,000. ProVise Management Group LLC now owns 30,600 shares of the pipeline company's stock worth $514,000 after buying an additional 1,200 shares during the last quarter. AllSquare Wealth Management LLC bought a new position in Energy Transfer Equity, L.P. during the third quarter worth $139,000. Advisory Services Network LLC now owns 9,331 shares of the pipeline company's stock valued at $168,000 after purchasing an additional 1,047 shares in the last quarter.

Wexford Capital Lp increased Energy Transfer Equity LP (ETE) stake by 54.78% reported in 2017Q2 SEC filing. Robert W. Baird maintained Energy Transfer Equity LP (NYSE:ETE) rating on Thursday, September 14. Zacks Investment Research downgraded shares of Energy Transfer Equity, L.P. from a "hold" rating to a "sell" rating in a research report on Tuesday, October 17th.

Analysts await Commercial Vehicle Group, Inc. The analysts, on average, are forecasting a $20.83 price target, but the stock is already up 6.82% from its recent lows. A 26 analysts rate it as either a buy or a strong buy, while1 believe that investors should either steer clear of ORCL or, if they already own its stock, sell it.

The average 1-year price target for Oracle Corporation (ORCL) - averaging the work of different analysts - reveals a mean PT of $55.85/share.

Energy Transfer Equity, L.P. (NYSE:ETE) has a market cap of $17.67 billion and over the last 12 months, ETE has declined by -10.44%. If you are accessing this news story on another website, it was illegally copied and republished in violation of USA & global copyright & trademark law. The legal version of this story can be read at https://www.dispatchtribunal.com/2017/11/21/edge-advisors-llc-trims-holdings-in-energy-transfer-equity-l-p-ete.html. Energy Transfer Equity, L.P. (NYSE:ETE) opened at $16.05 on Wednesday. The company saw 4.04 million shares trade hands over the course of the day. The company has a market cap of $18.63 billion, a P/E ratio of 19.30 and a beta of 1.86.

Energy Transfer Equity, L.P. (NYSE:ETE) touched its 1-Year High price of $20.05 on 01/06/17 and its 1-Year Low price of $15.03 on 06/22/17. Currently, 1.1 billion total shares are owned by the public and among those 785.83 million shares have been available to trade. Energy Transfer Equity had a net margin of 2.94% and a return on equity of 6.10%. (NYSE:ETE) last announced its quarterly earnings data on Tuesday, November 7th.

EOG Resources, Inc. most recently reported earnings per share (EPS) of $0.19 for the September 2017 versus -$0.4 in the same quarter a year ago, representing -148% growth. 12,000 were accumulated by Davis R M. Synovus Fin Corp has 0% invested in Energy Transfer Equity LP (NYSE:ETE). The company's revenue was up 13.3% compared to the same quarter a year ago. E&G Advisors Limited Partnership reported 0.45% in Energy Transfer Equity LP (NYSE:ETE).

The firm also recently disclosed a quarterly dividend, which was paid on Monday, November 20th. The ex-dividend date was Monday, November 6th. This is a positive change from Energy Transfer Equity, L.P.'s previous quarterly dividend of $0.29. This represents a $1.14 dividend on an annualized basis and a dividend yield of 6.42%. Energy Transfer Equity's payout ratio is 111.77%. Energy Transfer Equity, L.P. (NYSE:ETE) has a 20-Day average volume of 6.16 Million. 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.

Other reports by Click Lancashire

Discuss This Article

FOLLOW OUR NEWSPAPER