Crabel Capital Management LLC acquired a new stake in Energy Transfer Partners LP (NYSE:ETP) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 1,330,000 shares of the pipeline company’s stock, valued at approximately $25,323,000. Energy Transfer Partners makes up 13.9% of Crabel Capital Management LLC’s investment portfolio, making the stock its 3rd largest holding. Crabel Capital Management LLC owned approximately 0.11% of Energy Transfer Partners at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in ETP. Cypress Capital Management LLC WY purchased a new position in Energy Transfer Partners in the second quarter worth approximately $279,000. Clal Insurance Enterprises Holdings Ltd purchased a new position in Energy Transfer Partners in the second quarter worth approximately $571,000. Sfmg LLC lifted its stake in Energy Transfer Partners by 19.9% in the second quarter. Sfmg LLC now owns 24,943 shares of the pipeline company’s stock worth $475,000 after acquiring an additional 4,132 shares during the last quarter. SG Americas Securities LLC lifted its stake in Energy Transfer Partners by 601.1% in the second quarter. SG Americas Securities LLC now owns 237,818 shares of the pipeline company’s stock worth $4,528,000 after acquiring an additional 203,897 shares during the last quarter. Finally, Tortoise Index Solutions LLC lifted its stake in Energy Transfer Partners by 15.6% in the second quarter. Tortoise Index Solutions LLC now owns 161,320 shares of the pipeline company’s stock worth $3,072,000 after acquiring an additional 21,742 shares during the last quarter. Hedge funds and other institutional investors own 62.24% of the company’s stock.

A number of research analysts recently issued reports on the stock. ValuEngine upgraded shares of Energy Transfer Partners from a “sell” rating to a “hold” rating in a research note on Friday, August 3rd. UBS Group lifted their price target on shares of Energy Transfer Partners from $29.00 to $31.00 and gave the stock a “buy” rating in a research note on Friday, August 10th. Wolfe Research upgraded shares of Energy Transfer Partners from a “market perform” rating to an “outperform” rating in a research note on Friday, August 3rd. Stifel Nicolaus reiterated a “buy” rating and issued a $27.00 price target (up previously from $24.00) on shares of Energy Transfer Partners in a research note on Friday, August 10th. Finally, Morgan Stanley reiterated an “equal weight” rating and issued a $27.00 price target (up previously from $22.00) on shares of Energy Transfer Partners in a research note on Friday, August 3rd. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and ten have assigned a buy rating to the company’s stock. Energy Transfer Partners presently has an average rating of “Hold” and an average target price of $24.17.

Shares of NYSE:ETP opened at $22.93 on Friday. The company has a market cap of $26.82 billion, a PE ratio of 31.85, a P/E/G ratio of 1.57 and a beta of 1.15. The company has a quick ratio of 0.70, a current ratio of 0.92 and a debt-to-equity ratio of 1.02. Energy Transfer Partners LP has a twelve month low of $15.06 and a twelve month high of $24.38.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, August 14th. Stockholders of record on Monday, August 6th were given a dividend of $0.565 per share. The ex-dividend date was Friday, August 3rd. This represents a $2.26 annualized dividend and a dividend yield of 9.86%. Energy Transfer Partners’s dividend payout ratio is presently 313.89%.

Energy Transfer Partners Company Profile

Energy Transfer Partners, L.P. engages in the natural gas midstream, and intrastate transportation and storage businesses in the United States. The company's Intrastate Transportation and Storage segment transports natural gas from various natural gas producing areas through connections with other pipeline systems, as well as through its ET Fuel System and HPL System.

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Institutional Ownership by Quarter for Energy Transfer Partners (NYSE:ETP)

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