Valeo Financial Advisors LLC purchased a new stake in Enterprise Products Partners L.P. (NYSE:EPD) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 107,134 shares of the oil and gas producer’s stock, valued at approximately $2,793,000.

Other institutional investors have also made changes to their positions in the company. Ameritas Investment Partners Inc. raised its holdings in shares of Enterprise Products Partners 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 buying an additional 500 shares during the period. First Financial Corp IN boosted its position in shares of Enterprise Products Partners 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 purchasing an additional 400 shares during the period. Ffcm LLC acquired a new stake in shares of Enterprise Products Partners in the 3rd quarter valued at about $112,000. First Eagle Investment Management LLC acquired a new stake in shares of Enterprise Products Partners in the 2nd quarter valued at about $130,000. Finally, Camarda Financial Advisors LLC lifted its position in Enterprise Products Partners by 0.6% during the 2nd quarter. Camarda Financial Advisors LLC now owns 4,835 shares of the oil and gas producer’s stock worth $131,000 after acquiring an additional 27 shares during the period. 37.65% of the stock is currently owned by institutional investors and hedge funds.

In other Enterprise Products Partners news, CEO Aj Teague acquired 8,250 shares of the firm’s stock in a transaction dated Tuesday, November 28th. The shares were acquired at an average price of $24.26 per share, for a total transaction of $200,145.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Carin Marcy Barth acquired 12,000 shares of the firm’s stock in a transaction dated Monday, November 6th. The shares were acquired at an average price of $25.00 per share, for a total transaction of $300,000.00. The disclosure for this purchase can be found here. Company insiders own 37.50% of the company’s stock.

Enterprise Products Partners L.P. (NYSE:EPD) opened at $24.94 on Monday. The company has a current ratio of 0.71, a quick ratio of 0.48 and a debt-to-equity ratio of 0.96. The firm has a market capitalization of $53,600.00, a price-to-earnings ratio of 19.64, a price-to-earnings-growth ratio of 3.75 and a beta of 0.91. Enterprise Products Partners L.P. has a 1 year low of $23.59 and a 1 year high of $30.25.

A number of brokerages have recently issued reports on EPD. Royal Bank Of Canada cut their target price 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. BMO Capital Markets reaffirmed a “buy” rating and issued a $33.00 price objective on shares of Enterprise Products Partners in a research note on Tuesday, November 14th. Mizuho set a $31.00 price objective on Enterprise Products Partners and gave the company a “buy” rating in a research note on Sunday, October 15th. Seaport Global Securities assumed coverage on Enterprise Products Partners in a research note on Tuesday, October 10th. They issued a “neutral” rating and a $29.00 price objective for the company. Finally, BidaskClub raised Enterprise Products Partners from a “sell” rating to a “hold” rating in a research note on Saturday, August 19th. Three analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $30.92.

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About Enterprise Products Partners

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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