Green Square Capital LLC decreased its stake in shares of Enterprise Products Partners L.P. (NYSE:EPD) by 0.9% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 416,623 shares of the oil and gas producer’s stock after selling 3,744 shares during the period. Enterprise Products Partners accounts for about 2.0% of Green Square Capital LLC’s holdings, making the stock its 5th largest position. Green Square Capital LLC’s holdings in Enterprise Products Partners were worth $10,861,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in the stock. Harvest Fund Advisors LLC boosted its stake in Enterprise Products Partners by 5.1% during the 3rd quarter. Harvest Fund Advisors LLC now owns 42,612,584 shares of the oil and gas producer’s stock valued at $1,110,910,000 after purchasing an additional 2,076,377 shares during the period. Tortoise Capital Advisors L.L.C. boosted its stake in Enterprise Products Partners by 3.9% during the 2nd quarter. Tortoise Capital Advisors L.L.C. now owns 41,667,941 shares of the oil and gas producer’s stock valued at $1,128,368,000 after purchasing an additional 1,573,553 shares during the period. Alps Advisors Inc. boosted its stake in Enterprise Products Partners by 0.5% during the 3rd quarter. Alps Advisors Inc. now owns 38,933,881 shares of the oil and gas producer’s stock valued at $1,015,006,000 after purchasing an additional 178,605 shares during the period. Fayez Sarofim & Co. boosted its stake in Enterprise Products Partners by 1.0% during the 3rd quarter. Fayez Sarofim & Co. now owns 19,539,378 shares of the oil and gas producer’s stock valued at $509,391,000 after purchasing an additional 187,395 shares during the period. Finally, Neuberger Berman Group LLC boosted its stake in Enterprise Products Partners by 7.6% during the 2nd quarter. Neuberger Berman Group LLC now owns 19,163,137 shares of the oil and gas producer’s stock valued at $518,938,000 after purchasing an additional 1,357,877 shares during the period. Hedge funds and other institutional investors own 37.65% of the company’s stock.

In related news, Director Carin Marcy Barth bought 12,000 shares of the company’s stock in a transaction dated Monday, November 6th. The stock was acquired at an average cost of $25.00 per share, with a total value of $300,000.00. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CEO Aj Teague bought 8,250 shares of the company’s stock in a transaction dated Tuesday, November 28th. The stock was bought at an average cost of $24.26 per share, with a total value of $200,145.00. The disclosure for this purchase can be found here. Corporate insiders own 37.50% of the company’s stock.

Shares of Enterprise Products Partners L.P. (NYSE EPD) traded up $0.55 on Tuesday, hitting $25.49. The stock had a trading volume of 11,908,800 shares, compared to its average volume of 4,759,727. Enterprise Products Partners L.P. has a fifty-two week low of $23.59 and a fifty-two week high of $30.25. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.48 and a current ratio of 0.71. The firm has a market cap of $53,897.48, a PE ratio of 19.64, a PEG ratio of 3.75 and a beta of 0.89.

Several brokerages recently weighed in on EPD. BMO Capital Markets set a $33.00 target price on Enterprise Products Partners and gave the company a “buy” rating in a research note on Thursday, October 12th. Seaport Global Securities initiated coverage on Enterprise Products Partners in a research report on Tuesday, October 10th. They issued a “neutral” rating and a $29.00 price objective for the company. Scotiabank set a $33.00 price objective on Enterprise Products Partners and gave the stock a “buy” rating in a research report on Sunday, October 15th. Mizuho set a $31.00 price objective on Enterprise Products Partners and gave the stock a “buy” rating in a research report on Sunday, October 15th. Finally, Zacks Investment Research downgraded Enterprise Products Partners from a “hold” rating to a “sell” rating in a research report on Tuesday, October 17th. Three research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $30.92.

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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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