Stephens Inc. AR grew its holdings in shares of Energy Transfer Partners LP (NYSE:ETP) by 3.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 721,936 shares of the pipeline company’s stock after buying an additional 21,536 shares during the period. Stephens Inc. AR’s holdings in Energy Transfer Partners were worth $13,746,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Eagle Global Advisors LLC raised its holdings in shares of Energy Transfer Partners by 41.2% during the second quarter. Eagle Global Advisors LLC now owns 3,183,027 shares of the pipeline company’s stock valued at $60,605,000 after buying an additional 928,129 shares during the last quarter. Mark Sheptoff Financial Planning LLC raised its holdings in shares of Energy Transfer Partners by 1,155.3% during the second quarter. Mark Sheptoff Financial Planning LLC now owns 10,231 shares of the pipeline company’s stock valued at $195,000 after buying an additional 9,416 shares during the last quarter. Securian Asset Management Inc raised its holdings in shares of Energy Transfer Partners by 2.9% during the second quarter. Securian Asset Management Inc now owns 204,550 shares of the pipeline company’s stock valued at $3,895,000 after buying an additional 5,700 shares during the last quarter. Conning Inc. raised its holdings in shares of Energy Transfer Partners by 17.3% during the second quarter. Conning Inc. now owns 683,783 shares of the pipeline company’s stock valued at $12,876,000 after buying an additional 100,606 shares during the last quarter. Finally, Perella Weinberg Partners Capital Management LP raised its holdings in shares of Energy Transfer Partners by 781.0% during the second quarter. Perella Weinberg Partners Capital Management LP now owns 1,278,544 shares of the pipeline company’s stock valued at $24,343,000 after buying an additional 1,133,412 shares during the last quarter. 61.45% of the stock is currently owned by institutional investors.

Energy Transfer Partners stock traded down $0.20 during mid-day trading on Friday, hitting $22.28. The company’s stock had a trading volume of 4,758 shares, compared to its average volume of 9,338,132. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.80 and a current ratio of 0.99. The firm has a market cap of $26.38 billion, a price-to-earnings ratio of 30.94, a price-to-earnings-growth ratio of 1.67 and a beta of 1.15. Energy Transfer Partners LP has a twelve month low of $15.06 and a twelve month high of $24.38.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, August 14th. Shareholders of record on Monday, August 6th were given a $0.565 dividend. The ex-dividend date of this dividend was Friday, August 3rd. This represents a $2.26 annualized dividend and a yield of 10.14%. Energy Transfer Partners’s dividend payout ratio (DPR) is 313.89%.

A number of research firms have recently weighed in on ETP. ValuEngine raised Energy Transfer Partners from a “sell” rating to a “hold” rating in a report on Friday, August 3rd. Stifel Nicolaus reaffirmed a “buy” rating and set a $27.00 price target (up previously from $24.00) on shares of Energy Transfer Partners in a report on Friday, August 10th. Wolfe Research raised Energy Transfer Partners from a “market perform” rating to an “outperform” rating in a report on Friday, August 3rd. Morgan Stanley reaffirmed an “equal weight” rating and set a $27.00 price target (up previously from $22.00) on shares of Energy Transfer Partners in a report on Friday, August 3rd. Finally, US Capital Advisors upgraded shares of Energy Transfer Partners from a “hold” rating to an “overweight” rating and set a $26.00 price objective on the stock in a research note on Friday, August 24th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and eleven have issued a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $24.31.

Energy Transfer Partners Profile

Energy Transfer Partners, L.P. engages in the natural gas midstream, and intrastate transportation and storage businesses in the United States. The company's Intrastate Transportation and Storage segment transports natural gas from various natural gas producing areas through connections with other pipeline systems, as well as through its ET Fuel System and HPL System.

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Institutional Ownership by Quarter for Energy Transfer Partners (NYSE:ETP)

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