Investors Peering into the Details on Energy Transfer Equity, LP (NYSE:ETE)


The stock was trading on above-average volume. Denbury Res Inc now has $542.06M valuation. (NYSE ETE) traded up 1.08% during midday trading on Wednesday, reaching $17.75. About 954,178 shares traded or 13.90% up from the average. It has outperformed by 22.34% the S&P500.

A look at some of the inputs to technical analysis model shows how Energy Transfer Partners, L.P. current price compares to its recent moving averages. Energy Transfer Equity, L.P.

11/13/2016 - Energy Transfer Equity, L.P. had its " rating reiterated by analysts at Credit Suisse. The stock now has a Market Cap of $7.77B. Its down 0.66% from 58.52M shares previously. It is down 56.25% since July 6, 2016 and is downtrending. It has outperformed by 19.98% the S&P500.

Analysts reviewing Energy Transfer Equity, L.P. have recently updated their recommended buy/sell ratings and price targets on the stock. Energy Transfer Equity, L.P. has a 52 week low of $13.45 and a 52 week high of $20.05. The company was upgraded on Monday, September 26 by Robert W. Baird. The rating was maintained by Wedbush on Thursday, February 25 with "Outperform". Deutsche Bank AG dropped their price objective on shares of Energy Transfer Equity, L.P. from $23.00 to $22.00 and set a "buy" rating for the company in a research note on Wednesday, June 21st. The rating was maintained by Goldman Sachs with "Neutral" on Monday, May 2. Morgan Stanley downgraded it to "Equal-Weight" rating and $26 target in Wednesday, February 24 report. The company was initiated on Tuesday, October 27 by Evercore.

Cushing Asset Management Lp decreased Occidental Pete Corp Del (NYSE:OXY) stake by 76,000 shares to 46,100 valued at $3.28 million in 2016Q4. It also reduced Wisdomtree Europe Smallcap Div (DFE) stake by 12,114 shares and now owns 63,819 shares.

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Investors sentiment increased to 0.98 in Q4 2016. Market Capitalization if basically the market value of the company's shares outstanding. It worsened, as 64 investors sold ETP shares while 157 reduced holdings. 99 funds opened positions while 175 raised stakes. 454.00 million shares or 2.29% more from 443.85 million shares in 2016Q3 were reported. Invesco Ltd invested in 0% or 120,975 shares.

Energy Transfer Partners, L.P. (NYSE:ETP) has declined -15.36% since January and is up 1.55% for the past week. Peoples Financial Services CORP. raised its position in shares of Energy Transfer Equity, 0.7% in the first quarter. Burt Wealth Advisors holds 0.03% of its portfolio in Energy Transfer Equity LP (NYSE:ETE) for 1,520 shares. Robeco Institutional Asset Mngmt Bv stated it has 172,377 shares. Sfmg Ltd reported 12,884 shares. State Of New Jersey Common Pension Fund D invested in 0.02% or 150,300 shares. Bamco holds 144,000 shares. Finally, Sanders Morris Harris Inc. increased its stake in shares of Energy Transfer Equity, 190.3% in the first quarter. Shares for $1.18M were sold by Conger Harry M. IV. Manufacturers Life Com The reported 0% in Energy Transfer Partners LP (NYSE:ETP). Moreover, Reilly Financial Limited Liability Co has 0% invested in Energy Transfer Partners LP (NYSE:ETP) for 497 shares. It also reduced Verizon Communications Inc (Call) (NYSE:VZ) stake by 2.50M shares and now owns 11.75 million shares. Biogen Inc Com (NASDAQ:BIIB) was reduced too. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating, nine have given a buy rating and one has given a strong buy rating to the company's stock. Therefore 57% are positive. Looking ahead to earnings forecasts, for the running fiscal period, Wall Street analysts have anticipated that the company will report 0.52 earnings per share. The firm earned "Mkt Perform" rating on Monday, January 9 by Bernstein. The stock has "Hold" rating by Argus Research on Friday, May 12. The company was maintained on Tuesday, March 22 by Jefferies. Zacks has "Hold" rating and $81 target. The firm has "Buy" rating given on Thursday, December 1 by UBS. The rating was maintained by Deutsche Bank on Wednesday, November 18 with "Buy". The stock of Energy Transfer Partners LP (NYSE:ETP) has "Market Perform" rating given on Monday, May 15 by Wolfe Research. Barclays Capital has "Overweight" rating and $35 target.

Since January 10, 2017, it had 1 buying transaction, and 0 insider sales for $111,536 activity.

Based on their most recently released notes to investors, 6 analysts have a rating of "buy", 6 analysts "outperform", 7 analysts "hold", 0 analysts "underperform" and 0 analysts "sell".