Thompson Siegel & Walmsley LLC increased its stake in shares of Enterprise Products Partners L.P. (NYSE:EPD) by 18.8% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 54,697 shares of the oil and gas producer’s stock after acquiring an additional 8,650 shares during the period. Thompson Siegel & Walmsley LLC’s holdings in Enterprise Products Partners L.P. were worth $1,481,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of EPD. Usca Ria LLC raised its holdings in shares of Enterprise Products Partners L.P. by 1.0% during the first quarter. Usca Ria LLC now owns 505,890 shares of the oil and gas producer’s stock worth $13,968,000 after acquiring an additional 5,076 shares during the period. Thompson Investment Management Inc. raised its holdings in shares of Enterprise Products Partners L.P. by 3.0% during the first quarter. Thompson Investment Management Inc. now owns 13,406 shares of the oil and gas producer’s stock worth $370,000 after acquiring an additional 389 shares during the period. Vantage Investment Partners LLC raised its holdings in shares of Enterprise Products Partners L.P. by 20.6% during the first quarter. Vantage Investment Partners LLC now owns 358,832 shares of the oil and gas producer’s stock worth $9,907,000 after acquiring an additional 61,416 shares during the period. Adell Harriman & Carpenter Inc. raised its holdings in shares of Enterprise Products Partners L.P. by 2.8% during the first quarter. Adell Harriman & Carpenter Inc. now owns 405,657 shares of the oil and gas producer’s stock worth $11,200,000 after acquiring an additional 11,212 shares during the period. Finally, Nwam LLC raised its holdings in shares of Enterprise Products Partners L.P. by 8.0% during the first quarter. Nwam LLC now owns 17,454 shares of the oil and gas producer’s stock worth $482,000 after acquiring an additional 1,290 shares during the period. Institutional investors and hedge funds own 37.85% of the company’s stock.

A number of equities research analysts recently commented on the stock. BidaskClub lowered shares of Enterprise Products Partners L.P. from a “hold” rating to a “sell” rating in a report on Wednesday, August 9th. Stifel Nicolaus restated a “buy” rating and set a $30.00 price objective on shares of Enterprise Products Partners L.P. in a report on Friday, August 11th. Sanford C. Bernstein restated an “outperform” rating on shares of Enterprise Products Partners L.P. in a report on Thursday, August 10th. Barclays PLC restated an “overweight” rating and set a $31.00 price objective (down from $33.00) on shares of Enterprise Products Partners L.P. in a report on Friday, August 4th. Finally, BMO Capital Markets restated a “buy” rating and set a $33.00 price objective on shares of Enterprise Products Partners L.P. in a report on Wednesday, July 12th. One equities research analyst has rated the stock with a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the company. Enterprise Products Partners L.P. has an average rating of “Buy” and an average price target of $31.49.

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Enterprise Products Partners L.P. (NYSE EPD) opened at 26.11 on Friday. The company has a 50-day moving average of $26.05 and a 200-day moving average of $26.94. The company has a market cap of $56.08 billion, a P/E ratio of 20.54 and a beta of 0.90. Enterprise Products Partners L.P. has a 52-week low of $24.01 and a 52-week high of $30.25.

Enterprise Products Partners L.P. (NYSE:EPD) last posted its earnings results on Thursday, August 3rd. The oil and gas producer reported $0.30 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.33 by ($0.03). Enterprise Products Partners L.P. had a return on equity of 12.04% and a net margin of 10.28%. The firm had revenue of $6.61 billion during the quarter, compared to the consensus estimate of $6.44 billion. During the same quarter in the previous year, the company earned $0.27 EPS. The business’s revenue was up 17.6% compared to the same quarter last year. On average, equities research analysts expect that Enterprise Products Partners L.P. will post $1.35 earnings per share for the current fiscal year.

About Enterprise Products Partners L.P.

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 L.P. (NYSE:EPD)

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