Gofen & Glossberg LLC IL lessened its holdings in shares of Enterprise Products Partners L.P. (NYSE:EPD) by 9.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 90,134 shares of the oil and gas producer’s stock after selling 8,917 shares during the quarter. Gofen & Glossberg LLC IL’s holdings in Enterprise Products Partners were worth $2,350,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Day & Ennis LLC boosted its holdings in shares of Enterprise Products Partners by 0.3% during the second quarter. Day & Ennis LLC now owns 8,084 shares of the oil and gas producer’s stock worth $219,000 after acquiring an additional 27 shares during the period. CFO4Life Group LLC boosted its holdings in shares of Enterprise Products Partners by 0.3% during the second quarter. CFO4Life Group LLC now owns 13,894 shares of the oil and gas producer’s stock worth $376,000 after acquiring an additional 47 shares during the period. Klingenstein Fields & Co. LLC boosted its holdings in shares of Enterprise Products Partners by 0.3% during the second quarter. Klingenstein Fields & Co. LLC now owns 17,238 shares of the oil and gas producer’s stock worth $467,000 after acquiring an additional 52 shares during the period. BSW Wealth Partners boosted its holdings in shares of Enterprise Products Partners by 0.9% during the second quarter. BSW Wealth Partners now owns 7,763 shares of the oil and gas producer’s stock worth $210,000 after acquiring an additional 70 shares during the period. Finally, Nelson Van Denburg & Campbell Wealth Management Group LLC boosted its holdings in shares of Enterprise Products Partners by 0.8% during the second quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC now owns 9,163 shares of the oil and gas producer’s stock worth $248,000 after acquiring an additional 70 shares during the period. 37.65% of the stock is currently owned by hedge funds and other institutional investors.

In other news, CEO Aj Teague acquired 8,250 shares of the stock in a transaction on Tuesday, November 28th. The stock was acquired at an average cost of $24.26 per share, for a total transaction of $200,145.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Carin Marcy Barth acquired 12,000 shares of the stock in a transaction on Monday, November 6th. The shares were purchased at an average price of $25.00 per share, with a total value of $300,000.00. The disclosure for this purchase can be found here. 37.50% of the stock is owned by insiders.

Several equities research analysts recently issued reports on the company. Zacks Investment Research upgraded Enterprise Products Partners from a “sell” rating to a “hold” rating in a research note on Tuesday, November 7th. Royal Bank of Canada cut their price target on Enterprise Products Partners from $34.00 to $31.00 and set an “outperform” rating for the company in a research note on Tuesday, October 31st. BidaskClub upgraded Enterprise Products Partners from a “sell” rating to a “hold” rating in a research note on Saturday, August 19th. Tudor Pickering upgraded Enterprise Products Partners from a “hold” rating to a “buy” rating in a research note on Wednesday. Finally, Stifel Nicolaus reiterated a “buy” rating and issued a $30.00 price target on shares of Enterprise Products Partners in a research note on Sunday, October 22nd. Three analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of “Buy” and an average price target of $30.92.

Shares of Enterprise Products Partners L.P. (NYSE EPD) traded up $0.17 on Friday, reaching $26.07. 4,999,300 shares of the company’s stock traded hands, compared to its average volume of 4,778,868. 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 $55,972.13, a P/E ratio of 20.39, a P/E/G ratio of 3.89 and a beta of 0.89. The company has a current ratio of 0.71, a quick ratio of 0.48 and a debt-to-equity ratio of 0.96.

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Enterprise Products Partners Company 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.

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

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