Todays Report: Today, Obermeyer Wood Investment Counsel Lllp Continues to Hold Stake in Energy Transfer Partners L.P. (ETP)

Today, Obermeyer Wood Investment Counsel Lllp Continues to Hold Stake in Energy Transfer Partners L.P. (ETP)

Obermeyer Wood Investment Counsel Lllp held its position in shares of Energy Transfer Partners L.P. (NYSE:ETP) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 7,103 shares of the company’s stock at the end of the third quarter. Obermeyer Wood Investment Counsel Lllp’s holdings in Energy Transfer Partners L.P. were worth $263,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of ETP. Bank of Montreal Can purchased a new position in shares of Energy Transfer Partners L.P. during the second quarter worth $323,094,000. Harvest Fund Advisors LLC raised its position in shares of Energy Transfer Partners L.P. by 20.8% in the second quarter. Harvest Fund Advisors LLC now owns 21,761,655 shares of the company’s stock worth $828,466,000 after buying an additional 3,751,357 shares during the last quarter. Advisory Research Inc. raised its position in shares of Energy Transfer Partners L.P. by 32.3% in the second quarter. Advisory Research Inc. now owns 5,868,833 shares of the company’s stock worth $223,426,000 after buying an additional 1,432,530 shares during the last quarter. Atlantic Trust Group LLC raised its position in shares of Energy Transfer Partners L.P. by 13.5% in the second quarter. Atlantic Trust Group LLC now owns 11,576,450 shares of the company’s stock worth $440,714,000 after buying an additional 1,374,073 shares during the last quarter. Finally, Kayne Anderson Capital Advisors LP raised its position in shares of Energy Transfer Partners L.P. by 6.0% in the second quarter. Kayne Anderson Capital Advisors LP now owns 20,496,795 shares of the company’s stock worth $780,293,000 after buying an additional 1,154,609 shares during the last quarter. 59.94% of the stock is currently owned by institutional investors.

Energy Transfer Partners L.P. (NYSE:ETP) opened at 35.84 on Friday. Energy Transfer Partners L.P. has a 52 week low of $18.62 and a 52 week high of $43.50. The firm has a 50-day moving average price of $36.17 and a 200 day moving average price of $37.91. The company’s market cap is $19.45 billion.

Energy Transfer Partners L.P. (NYSE:ETP) last posted its quarterly earnings results on Wednesday, November 9th. The company reported ($0.49) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.28 by $0.77. Energy Transfer Partners L.P. had a return on equity of 5.39% and a net margin of 3.79%. The business earned $5.53 billion during the quarter. During the same period in the prior year, the company earned $0.10 EPS. Energy Transfer Partners L.P.’s revenue was down 16.2% on a year-over-year basis. Analysts expect that Energy Transfer Partners L.P. will post $0.76 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Monday, November 14th. Stockholders of record on Monday, November 7th were paid a $1.055 dividend. This represents a $4.22 annualized dividend and a dividend yield of 11.77%. The ex-dividend date of this dividend was Thursday, November 3rd. Energy Transfer Partners L.P.’s dividend payout ratio is currently -345.90%.

A number of equities analysts have recently weighed in on ETP shares. Wolfe Research assumed coverage on Energy Transfer Partners L.P. in a research report on Friday, October 7th. They set a “hold” rating and a $38.00 target price on the stock. Morgan Stanley assumed coverage on Energy Transfer Partners L.P. in a research report on Monday, August 15th. They issued an “equal weight” rating and a $48.00 price target for the company. TheStreet raised Energy Transfer Partners L.P. from a “hold” rating to a “buy” rating in a research report on Thursday, August 4th. Barclays PLC increased their price target on Energy Transfer Partners L.P. from $48.00 to $50.00 and gave the company an “overweight” rating in a research report on Friday, August 5th. Finally, Mizuho assumed coverage on Energy Transfer Partners L.P. in a research report on Thursday, September 29th. They issued a “buy” rating and a $45.00 price target for the company. Nine research analysts have rated the stock with a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the company’s stock. Energy Transfer Partners L.P. has an average rating of “Buy” and a consensus target price of $42.06.

Energy Transfer Partners L.P. Company Profile

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