Bourgeon Capital Management LLC Raises Position in Enterprise Products Partners LP (EPD)

Marco Green
September 1, 2017

The rating was maintained by Argus Research on Tuesday, November 3 with "Buy". Morgan Stanley downgraded the stock to "Equal-Weight" rating in Thursday, August 18 report. The stock has "Neutral" rating by Credit Suisse on Friday, February 19. As per Monday, March 13, the company rating was maintained by Wunderlich. The stock of Hays plc (LON:HAS) earned "Overweight" rating by Barclays Capital on Thursday, January 14.

Among 24 analysts covering Enterprise Products Partners LP (NYSE:EPD), 23 have Buy rating, 0 Sell and 1 Hold. Hamlin Capital Management LLC now owns 2,514,256 shares of the oil and gas producer's stock valued at $69,419,000 after buying an additional 275,025 shares during the last quarter. Enterprise Products Partners Lp now has $55.23B valuation. The stock increased 1.44% or $0.37 on August 31, reaching $26.07.

Enterprise Products Partners L.P. (NYSE:EPD) ended its day at $26.07 with the rising stream of 1.44% and its total traded volume was 3.94 million shares less than the average volume. It has underperformed by 16.88% the S&P500.

Looking forward, the company's quarterly earnings are expected to come at $0.84 in the three months through September 2017 and $1.01 in the quarter ending December 2017, reflecting 1.2% and 10.99% growth, respectively. Its down 0.06, from 1.05 in 2016Q3. Shares have dropped -10.74% over the trailing 6 months.

ILLEGAL ACTIVITY WARNING: "Bourgeon Capital Management LLC Raises Position in Enterprise Products Partners L.P. (EPD)" was posted by StockNewsTimes and is the sole property of of StockNewsTimes. Princeton Strategies Ltd Liability Corp reported 0.22% in Enterprise Products Partners L.P. (NYSE:EPD). King Luther Mngmt Corporation accumulated 203,277 shares.

Spirit Of America Management Corp decreased Mid (NYSE:MAA) stake by 7,250 shares to 31,172 valued at $3.05 million in 2016Q4. Bradley Foster & Sargent Ct owns 350,543 shares.

How Active Are Enterprise Products Partners L.P. (NYSE:EPD) Shares? Mengis Cap Mngmt accumulated 8,030 shares. Seizert Ptnrs Ltd reported 45,806 shares. It also upped Spdr S&P 500 Etf Tr Tr Unit (SPY) stake by 27,229 shares and now owns 53,519 shares. Morgan Stanley has 865,341 shares for 0% of their portfolio. Blackrock Inc stated it has 0% of its portfolio in Guess?, Inc. Jaffetilchin Partners Limited Liability Company holds 0.06% or 7,902 shares in its portfolio. (NYSE:GES). Barclays Pcl invested in 0% or 49,534 shares. Johnson Invest Counsel holds 138,342 shares or 0.12% of its portfolio. Institutional investors and hedge funds own 37.85% of the company's stock. Spdr S&P 500 Etf (SPY) was raised too. Security has invested 0.14% of its portfolio in Enterprise Products Partners L.P. (NYSE:EPD). Busey Trust has invested 0.1% in Enterprise Products Partners L.P. (NYSE:EPD). Therefore 96% are positive. The firm has "Neutral" rating by Seaport Global given on Friday, April 29. Clearbridge has invested 0.51% of its portfolio in Enterprise Products Partners L.P. (NYSE:EPD). Enterprise Products Partners L.P. Enterprise Products Partners L.P.'s revenue was up 17.6% on a year-over-year basis. The stock of Enterprise Products Partners L.P. (NYSE:EPD) has "Buy" rating given on Thursday, July 23 by DA Davidson. As per Friday, September 16, the company rating was initiated by Evercore. Leavell Investment Management Inc. increased its position in Enterprise Products Partners 0.8% in the first quarter. (NYSE:EPD) last announced its quarterly earnings data on Thursday, August 3rd.

Investors sentiment increased to 1.22 in 2016 Q4. Its down 0.40, from 1.48 in 2016Q3. It fall, as 46 investors sold EPD shares while 258 reduced holdings. 38 funds opened positions while 56 raised stakes. Van Berkom & Associate holds 1.28 million shares. Rhumbline Advisers holds 0% in Guess?, Inc. It also reduced Ishares Tr (HEFA) stake by 16,526 shares and now owns 11,534 shares. Cadence Mgmt Lc owns 11,907 shares. Beck Mack & Oliver Ltd Llc invested in 0.01% or 9,300 shares. Fiduciary stated it has 36,617 shares. Capital Advisers Ltd has 0.01% invested in Hays plc (LON:HAS). Smithbridge Asset Mgmt De holds 40,052 shares. The Company's divisions include Asia Pacific; Continental Europe & Rest of World, and United Kingdom & Ireland.

04/19/2016 - BMO Capital Markets began new coverage on Enterprise Products Partners L.P. giving the company a "outperform" rating. The Firm offers temporary and permanent recruitment services to private and public sector markets. It has a 22.61 P/E ratio. It operates in over 30 countries and approximately 20 specialisms.

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