Energy Transfer Partners L.P. (NYSE:ETP) was downgraded by Stifel Nicolaus from a “buy” rating to a “hold” rating in a research report issued on Tuesday. They presently have a $37.00 target price on the stock, down from their previous target price of $48.00. Stifel Nicolaus’ price target indicates a potential upside of 1.31% from the stock’s previous close.

Other equities research analysts have also issued research reports about the company. Credit Suisse Group AG set a $52.00 target price on Energy Transfer Partners L.P. and gave the company a “buy” rating in a research report on Saturday, August 6th. S&P Equity Research set a $43.00 price objective on Energy Transfer Partners L.P. and gave the stock a “hold” rating in a research report on Saturday, August 6th. Vetr upgraded Energy Transfer Partners L.P. from a “buy” rating to a “strong-buy” rating and set a $41.75 price objective on the stock in a research report on Monday. Morgan Stanley started coverage on Energy Transfer Partners L.P. in a research report on Monday, August 15th. They issued an “equal weight” rating and a $48.00 price objective on the stock. Finally, Jefferies Group restated a “buy” rating on shares of Energy Transfer Partners L.P. in a research report on Thursday, August 4th. Eight equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have issued a strong buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $43.23.

Analyst Recommendations for Energy Transfer Partners L.P. (NYSE:ETP)

Shares of Energy Transfer Partners L.P. (NYSE:ETP) opened at 36.52 on Tuesday. The company’s market cap is $19.82 billion. The stock’s 50 day moving average is $36.22 and its 200 day moving average is $37.93. Energy Transfer Partners L.P. has a 52-week low of $18.62 and a 52-week high of $43.50.

Energy Transfer Partners L.P. (NYSE:ETP) last posted its quarterly earnings data on Wednesday, November 9th. The company reported ($0.49) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.28 by $0.77. Energy Transfer Partners L.P. had a net margin of 3.79% and a return on equity of 5.39%. The company had revenue of $5.53 billion for the quarter. During the same quarter in the prior year, the business posted $0.10 EPS. The firm’s quarterly revenue was down 16.2% on a year-over-year basis. Equities analysts forecast that Energy Transfer Partners L.P. will post $0.57 EPS for the current year.

The firm also recently announced a quarterly dividend, which was paid on Monday, November 14th. Stockholders of record on Monday, November 7th were given a dividend of $1.055 per share. This represents a $4.22 annualized dividend and a dividend yield of 11.56%. The ex-dividend date of this dividend was Thursday, November 3rd. Energy Transfer Partners L.P.’s dividend payout ratio (DPR) is presently -345.90%.

Several large investors have recently modified their holdings of ETP. Adirondack Trust Co. raised its position in Energy Transfer Partners L.P. by 3.8% in the second quarter. Adirondack Trust Co. now owns 4,081 shares of the company’s stock valued at $155,000 after buying an additional 150 shares during the period. Pure Financial Advisors Inc. purchased a new position in Energy Transfer Partners L.P. during the second quarter valued at approximately $228,000. First Financial Corp IN raised its position in Energy Transfer Partners L.P. by 1,988.0% in the second quarter. First Financial Corp IN now owns 6,264 shares of the company’s stock valued at $238,000 after buying an additional 5,964 shares during the period. Walnut Private Equity Partners LLC raised its position in Energy Transfer Partners L.P. by 14.1% in the second quarter. Walnut Private Equity Partners LLC now owns 22,815 shares of the company’s stock valued at $869,000 after buying an additional 2,815 shares during the period. Finally, Atria Investments LLC purchased a new position in Energy Transfer Partners L.P. during the second quarter valued at approximately $984,000. 59.94% of the stock is currently owned by institutional investors and hedge funds.

Energy Transfer Partners L.P. Company Profile

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