Aperio Group LLC cut its holdings in shares of Enterprise Products Partners L.P. (NYSE:EPD) by 21.9% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 24,993 shares of the oil and gas producer’s stock after selling 6,990 shares during the period. Aperio Group LLC’s holdings in Enterprise Products Partners L.P. were worth $652,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Ameritas Investment Partners Inc. lifted its stake in shares of Enterprise Products Partners L.P. by 14.3% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 3,988 shares of the oil and gas producer’s stock valued at $107,000 after acquiring an additional 500 shares during the last quarter. First Financial Corp IN lifted its stake in shares of Enterprise Products Partners L.P. by 11.1% in the 2nd quarter. First Financial Corp IN now owns 4,000 shares of the oil and gas producer’s stock valued at $108,000 after acquiring an additional 400 shares during the last quarter. First Eagle Investment Management LLC bought a new position in shares of Enterprise Products Partners L.P. in the 2nd quarter valued at $130,000. Camarda Financial Advisors LLC lifted its stake in shares of Enterprise Products Partners L.P. by 0.6% in the 2nd quarter. Camarda Financial Advisors LLC now owns 4,835 shares of the oil and gas producer’s stock valued at $131,000 after acquiring an additional 27 shares during the last quarter. Finally, Jacobi Capital Management LLC lifted its stake in shares of Enterprise Products Partners L.P. by 690.9% in the 2nd quarter. Jacobi Capital Management LLC now owns 5,449 shares of the oil and gas producer’s stock valued at $148,000 after acquiring an additional 4,760 shares during the last quarter. Hedge funds and other institutional investors own 35.43% of the company’s stock.

In other Enterprise Products Partners L.P. news, Director Carin Marcy Barth purchased 12,000 shares of the firm’s stock in a transaction on Monday, November 6th. The stock was purchased at an average cost of $25.00 per share, for a total transaction of $300,000.00. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 37.50% of the company’s stock.

Shares of Enterprise Products Partners L.P. (EPD) opened at $24.64 on Thursday. The company has a current ratio of 0.71, a quick ratio of 0.48 and a debt-to-equity ratio of 0.96. Enterprise Products Partners L.P. has a 1-year low of $23.59 and a 1-year high of $30.25. The firm has a market capitalization of $52,439.84, a PE ratio of 19.18, a price-to-earnings-growth ratio of 3.65 and a beta of 0.89.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, November 7th. Shareholders of record on Tuesday, October 31st were issued a dividend of $0.4225 per share. This is an increase from Enterprise Products Partners L.P.’s previous quarterly dividend of $0.42. This represents a $1.69 dividend on an annualized basis and a yield of 6.86%. The ex-dividend date of this dividend was Monday, October 30th. Enterprise Products Partners L.P.’s dividend payout ratio (DPR) is presently 135.20%.

A number of brokerages have recently commented on EPD. Stifel Nicolaus reiterated a “buy” rating and issued a $30.00 price target on shares of Enterprise Products Partners L.P. in a research note on Friday, August 11th. Sanford C. Bernstein reiterated an “outperform” rating on shares of Enterprise Products Partners L.P. in a research note on Thursday, August 10th. BidaskClub cut Enterprise Products Partners L.P. from a “hold” rating to a “sell” rating in a research note on Wednesday, August 9th. Royal Bank Of Canada dropped their price target on Enterprise Products Partners L.P. from $34.00 to $31.00 and set an “outperform” rating for the company in a research note on Tuesday, October 31st. Finally, BMO Capital Markets reaffirmed a “buy” rating and set a $33.00 target price on shares of Enterprise Products Partners L.P. in a research report on Tuesday, November 14th. Three equities research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the company. Enterprise Products Partners L.P. currently has an average rating of “Buy” and an average target price of $30.86.

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Enterprise Products Partners L.P. Profile

Enterprise Products Partners L.P. (Enterprise) is a provider of midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, petrochemicals and refined products in North America. The Company’s segments include NGL Pipelines & Services; Crude Oil Pipelines & Services; Natural Gas Pipelines & Services, and Petrochemical & Refined Products Services.

Institutional Ownership by Quarter for Enterprise Products Partners L.P. (NYSE:EPD)

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