Enterprise Products Partners L.P. (NYSE:EPD) Director Carin Marcy Barth bought 4,000 shares of Enterprise Products Partners L.P. stock in a transaction dated Wednesday, November 16th. The stock was acquired at an average cost of $25.27 per share, for a total transaction of $101,080.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Shares of Enterprise Products Partners L.P. (NYSE:EPD) traded up 0.48% during mid-day trading on Thursday, reaching $25.31. The company had a trading volume of 1,891,578 shares. The stock’s 50-day moving average price is $26.26 and its 200 day moving average price is $27.25. Enterprise Products Partners L.P. has a 1-year low of $19.00 and a 1-year high of $30.11. The company has a market capitalization of $53.20 billion, a PE ratio of 20.59 and a beta of 0.90.

Enterprise Products Partners L.P. (NYSE:EPD) last posted its earnings results on Thursday, October 27th. The company reported $0.30 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.30. The firm had revenue of $5.92 billion for the quarter, compared to the consensus estimate of $5.87 billion. Enterprise Products Partners L.P. had a net margin of 11.19% and a return on equity of 11.95%. The business’s quarterly revenue was down 6.1% on a year-over-year basis. During the same period in the prior year, the business posted $0.32 earnings per share. Equities analysts expect that Enterprise Products Partners L.P. will post $1.25 EPS for the current year.

Insider Buying and Selling by Quarter for Enterprise Products Partners L.P. (NYSE:EPD)

The firm also recently declared a quarterly dividend, which was paid on Monday, November 7th. Stockholders of record on Monday, October 31st were given a $0.405 dividend. This is an increase from Enterprise Products Partners L.P.’s previous quarterly dividend of $0.40. This represents a $1.62 annualized dividend and a dividend yield of 6.43%. The ex-dividend date of this dividend was Thursday, October 27th. Enterprise Products Partners L.P.’s dividend payout ratio (DPR) is currently 131.71%.

Large investors have recently modified their holdings of the stock. Regal Investment Advisors LLC increased its stake in shares of Enterprise Products Partners L.P. by 0.5% in the third quarter. Regal Investment Advisors LLC now owns 7,362 shares of the company’s stock valued at $203,000 after buying an additional 33 shares in the last quarter. Wealthsource Partners LLC boosted its stake in Enterprise Products Partners L.P. by 0.4% in the second quarter. Wealthsource Partners LLC now owns 10,956 shares of the company’s stock valued at $321,000 after buying an additional 40 shares during the last quarter. Keeley Asset Management Corp boosted its stake in Enterprise Products Partners L.P. by 0.5% in the second quarter. Keeley Asset Management Corp now owns 10,423 shares of the company’s stock valued at $305,000 after buying an additional 47 shares during the last quarter. Deschutes Portfolio Strategy LLC boosted its stake in Enterprise Products Partners L.P. by 0.4% in the third quarter. Deschutes Portfolio Strategy LLC now owns 11,507 shares of the company’s stock valued at $318,000 after buying an additional 48 shares during the last quarter. Finally, BKD Wealth Advisors LLC boosted its stake in Enterprise Products Partners L.P. by 0.6% in the third quarter. BKD Wealth Advisors LLC now owns 8,132 shares of the company’s stock valued at $225,000 after buying an additional 50 shares during the last quarter. 35.76% of the stock is currently owned by institutional investors.

A number of analysts have recently weighed in on EPD shares. Jefferies Group reaffirmed a “buy” rating and issued a $33.00 target price on shares of Enterprise Products Partners L.P. in a research report on Sunday, October 16th. Vetr downgraded shares of Enterprise Products Partners L.P. from a “strong-buy” rating to a “buy” rating and set a $30.56 target price on the stock. in a research report on Wednesday, September 21st. Stifel Nicolaus reaffirmed a “buy” rating and issued a $32.00 target price on shares of Enterprise Products Partners L.P. in a research report on Monday, October 31st. Credit Suisse Group AG raised shares of Enterprise Products Partners L.P. from a “neutral” rating to an “outperform” rating and set a $34.00 target price on the stock in a research report on Monday, September 19th. Finally, Wolfe Research started coverage on shares of Enterprise Products Partners L.P. in a research report on Friday, October 7th. They issued an “outperform” rating on the stock. Two investment analysts have rated the stock with a hold rating and twenty-four have given a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $31.62.

Enterprise Products Partners L.P. 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.

5 Day Chart for NYSE:EPD

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