Energy Transfer Equity LP (NYSE:ETE): Negative Stock Sentiment

Elias Hubbard
April 12, 2018

Alliancebernstein Lp accumulated 14,360 shares. Creative Planning holds 0.01% or 123,784 shs. As it's issued in Securities and Exchange form the stake in Enterprise Prods Partners L (NYSE:EPD) is decreased by 1.70 million shares to 12.51 million shares. 10 are the (NYSE:ETE)'s ratings reports on 10 April 2018 according to StockzIntelligence Inc. It has underperformed by 8.49% the S&P500. RR Advisors LLC now owns 2,748,000 shares of the pipeline company's stock worth $47,759,000 after acquiring an additional 566,000 shares in the last quarter. The hedge fund held 22,205 shares of the public utilities company at the end of 2017Q4, valued at $383,000, down from 44,410 at the end of the previous reported quarter. Lvw Advisors Llc who had been investing in Energy Transfer Equity LP (Prn) for a number of months, seems to be less bullish one the $15.96 billion market cap company.

The counter witnessed a trading volume of 1.81 million shares versus an average volume of 1.74 million shares during last trading session. It has underperformed by 34.00% the S&P500.

Energy Transfer Equity (NYSE:ETE) last posted its quarterly earnings data on Wednesday, February 21st. The pipeline company reported $0.41 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.32 by $0.09.

Since December 13, 2017, it had 0 buys, and 10 sales for $57.49 million activity. After $0.41 actual earnings per share reported by Energy Transfer Equity, L.P. for the previous quarter, Wall Street now forecasts -31.71 % negative EPS growth.

Big Money Sentiment decreased to 0.76 in Q4 2017. It has change of 0.12, from 2017Q3's 0.88. 38 funds acquired stakes and 67 increased stakes. The investment professionals in our partner's database reported: 492.05 million shares, down from 527.77 million shares in 2017Q3. Grantham Mayo Van Otterloo & Company Ltd Liability holds 0.09% or 113,700 shares in its portfolio. Miller Investment Management Lp sold 22,205 shares as the company's stock declined 15.73% with the market. Novare Limited Liability Co invested 0.51% of its capital in Energy Transfer Equity, L.P. (NYSE:ETE). Moore Cap Management LP holds 1.27% or 599,000 shares in its portfolio. California Pub Employees Retirement Systems holds 1.70 million shares or 0.04% of its portfolio. It is negative, as 31 investors sold PVH shares while 165 reduced holdings. It's down from 18.78 million at the end of the previous reported quarter. Fiera Corp invested 0.01% in Energy Transfer Equity, L.P. (NYSE:ETE). The stock increased 0.11% or $0.135 during the last trading session, reaching $125.145. Nbw holds 2.12% or 467,322 shares in its portfolio. Evanson Asset Limited Liability accumulated 54,606 shares. Hall Laurie J Trustee has invested 0.1% of its capital in Energy Transfer Equity, L.P. (NYSE:ETE). Hilton Capital Mngmt Ltd holds 0.07% of its portfolio in Energy Transfer Equity, L.P. (NYSE:ETE) for 28,000 shares. Therefore 73% are positive.

Ratings analysis reveals 71% of Energy Transfer Eq's analysts are positive. The firm has "Buy" rating given on Tuesday, January 16 by RBC Capital Markets. The company rating was maintained by Robert W. Baird on Friday, April 6. On Monday, October 16 the firm earned "Buy" rating by Jefferies. The ideal time to sell a stock is usually when it is trading higher than its target price range or during overheated markets. They set an "outperform" rating and a $23.00 target price for the company. The stock of Energy Transfer Equity, L.P. (NYSE:ETE) earned "Buy" rating by Mizuho on Friday, September 30.

Lvw Advisors Llc, which manages about $2.12 billion and $342.37 million US Long portfolio, upped its stake in Blackrock Inc (NYSE:BLK) by 858 shares to 3,315 shares, valued at $1.70M in 2017Q4, according to the filing. It also reduced its holding in Union Pac Corp (NYSE:UNP) by 11.64M shares in the quarter, leaving it with 7.11 million shares, and cut its stake in Praxair Inc (Call) (NYSE:PX).

Investors sentiment decreased to 1.01 in 2017 Q4. Its down 0.03, from 1.04 in 2017Q3. Raising overbought to 80 or lowering oversold to 20 will reduce the number of overbought/oversold readings. 162 funds opened positions while 585 raised stakes. The insider NASELLA HENRY sold 20,000 shares worth $3.10 million. (NYSE:FFG) for 73,779 shares. The Connecticut-based Virtus Investment Advisers has invested 0.01% in Incyte Corporation (NASDAQ:INCY). Sg Americas Limited Liability Com holds 0% or 11,040 shares. (NYSE:PVH) or 2,300 shares. Evergreen Management holds 0.13% or 76,175 shares in its portfolio. (NYSE:LOW). Foster & Motley accumulated 43,708 shares. (NYSE:LOW). Financial Bank Of Montreal Can stated it has 4.76M shares. Its stake in Visa Inc (NYSE:V) was rose by 3.57M shares to 3.77M shares valued at $430.03M in 2017Q4, according to the filing. They expect $1.22 EPS, up 12.96% or $0.14 from last year's $1.08 per share. FBL Financial Group, Inc.

Among 35 analysts covering Lowe's Companies Inc. (NYSE:LOW), 22 have Buy rating, 0 Sell and 13 Hold. Bank of America had 109 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Jefferies on Monday, October 16 with "Buy". Robert W. Baird upgraded the shares of ETE in report on Monday, September 26 to "Outperform" rating. The stock of Lowe's Companies, Inc. Brown Advisory Securities holds 10,502 shs. Credit Suisse maintained Lowe's Companies, Inc. (NYSE:PVH) on Thursday, January 25 with "Overweight" rating. The firm has "Buy" rating by Jefferies given on Wednesday, September 9. The rating was initiated by Bernstein on Wednesday, May 11 with "Market Perform". The rating was downgraded by Gabelli to "Hold" on Monday, April 9.

Other reports by Click Lancashire

Discuss This Article

FOLLOW OUR NEWSPAPER