Enterprise Merchandise Companions L.P. (NYSE:EPD) Shares Bought by Fractal Investments LLC

Fractal Investments LLC elevated its stake in shares of Enterprise Merchandise Companions L.P. (NYSE:EPD – Get Ranking) by 17.8% within the 4th quarter, in accordance with the corporate in its most up-to-date disclosure with the Securities and Change Fee (SEC). The agency owned 1,748,281 shares of the oil and gasoline producer’s inventory after buying a further 264,100 shares in the course of the quarter. Enterprise Merchandise Companions accounts for about 10.0% of Fractal Investments LLC’s holdings, making the inventory its third largest place. Fractal Investments LLC owned roughly 0.08% of Enterprise Merchandise Companions price $42,169,000 on the finish of the newest reporting interval.

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A number of different hedge funds have additionally not too long ago modified their holdings of the inventory. Capital Advisors Inc. OK grew its holdings in Enterprise Merchandise Companions by 0.7% within the 4th quarter. Capital Advisors Inc. OK now owns 54,986 shares of the oil and gasoline producer’s inventory valued at $1,326,000 after shopping for a further 403 shares in the course of the interval. FSM Wealth Advisors LLC lifted its stake in shares of Enterprise Merchandise Companions by 1.1% within the 4th quarter. FSM Wealth Advisors LLC now owns 37,215 shares of the oil and gasoline producer’s inventory valued at $898,000 after buying a further 419 shares within the final quarter. Meixler Funding Administration Ltd. lifted its stake in shares of Enterprise Merchandise Companions by 0.6% within the third quarter. Meixler Funding Administration Ltd. now owns 66,550 shares of the oil and gasoline producer’s inventory valued at $1,583,000 after buying a further 425 shares within the final quarter. Personal Ocean LLC lifted its stake in shares of Enterprise Merchandise Companions by 7.5% within the third quarter. Personal Ocean LLC now owns 6,337 shares of the oil and gasoline producer’s inventory valued at $150,000 after buying a further 443 shares within the final quarter. Lastly, Advisors Asset Administration Inc. lifted its stake in shares of Enterprise Merchandise Companions by 0.5% within the 1st quarter. Advisors Asset Administration Inc. now owns 102,021 shares of the oil and gasoline producer’s inventory valued at $2,633,000 after buying a further 458 shares within the final quarter. 26.54% of the inventory is owned by institutional traders and hedge funds.

Insider Exercise

In different information, CEO Aj Teague bought 11,950 shares of the inventory in a transaction dated Monday, March twentieth. The inventory was acquired at a median price of $25.15 per share, for a complete transaction of $300,542.50. Following the acquisition, the chief govt officer now owns 2,491,895 shares of the corporate’s inventory, valued at $62,671,159.25. The acquisition was disclosed in a submitting with the SEC, which is obtainable at this hyperlink. Firm insiders personal 32.60% of the corporate’s inventory.

Enterprise Merchandise Companions Inventory Efficiency

Shares of EPD opened at $25.90 on Friday. The enterprise’s 50 day shifting common is $25.82 and its two-hundred day shifting common is $25.11. Enterprise Merchandise Companions L.P. has a 52-week low of $22.90 and a 52-week excessive of $28.65. The agency has a market cap of $56.22 billion, a price-to-earnings ratio of 10.36 and a beta of 1.10. The corporate has a fast ratio of 0.66, a present ratio of 0.86 and a debt-to-equity ratio of 0.96.

Enterprise Merchandise Companions (NYSE:EPD – Get Ranking) final introduced its earnings outcomes on Wednesday, February 1st. The oil and gasoline producer reported $0.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.60 by $0.05. Enterprise Merchandise Companions had a return on fairness of 20.38% and a internet margin of 9.43%. The corporate had income of $13.65 billion for the quarter, in comparison with analyst estimates of $14.74 billion. Throughout the identical interval within the prior yr, the corporate posted $0.52 EPS. Enterprise Merchandise Companions’s quarterly income was up 20.1% on a year-over-year foundation. Analysts forecast that Enterprise Merchandise Companions L.P. will publish 2.5 EPS for the present fiscal yr.

Enterprise Merchandise Companions Will increase Dividend

The agency additionally not too long ago introduced a quarterly dividend, which was paid on Tuesday, February 14th. Shareholders of report on Tuesday, January thirty first got a $0.49 dividend. This represents a $1.96 dividend on an annualized foundation and a dividend yield of seven.57%. This can be a optimistic change from Enterprise Merchandise Companions’s earlier quarterly dividend of $0.48. The ex-dividend date was Monday, January thirtieth. Enterprise Merchandise Companions’s dividend payout ratio is presently 78.40%.

Wall Avenue Analyst Weigh In

A number of analysis corporations have not too long ago weighed in on EPD. StockNews.com started protection on Enterprise Merchandise Companions in a analysis word on Thursday, March sixteenth. They issued a “purchase” score on the inventory. Citigroup assumed protection on Enterprise Merchandise Companions in a analysis word on Thursday, December eighth. They issued a “purchase” score and a $31.00 value goal on the inventory. JPMorgan Chase & Co. boosted their value goal on Enterprise Merchandise Companions from $31.00 to $33.00 and gave the inventory an “chubby” score in a analysis report on Thursday, March ninth. TD Securities boosted their value goal on Enterprise Merchandise Companions from $31.00 to $32.00 and gave the inventory a “purchase” score in a analysis report on Thursday, February 2nd. Lastly, Wolfe Analysis raised Enterprise Merchandise Companions from a “peer carry out” score to an “outperform” score and set a $27.00 value goal on the inventory in a analysis report on Monday, January ninth. Three equities analysis analysts have rated the inventory with a maintain score, ten have issued a purchase score and one has issued a powerful purchase score to the inventory. In line with MarketBeat.com, the inventory presently has a consensus score of “Average Purchase” and a consensus goal value of $30.83.

Enterprise Merchandise Companions Firm Profile

(Get Ranking)

Enterprise Merchandise Companions LP operates as holding firm, which engages within the manufacturing and commerce of pure gasoline and petrochemicals. It operates by means of the next segments: NGL Pipelines & Companies, Crude Oil Pipelines & Companies, Pure Fuel Pipelines & Companies, and Petrochemical & Refined Merchandise Companies.

Additional Studying

Need to see what different hedge funds are holding EPD? Go to HoldingsChannel.com to get the most recent 13F filings and insider trades for Enterprise Merchandise Companions L.P. (NYSE:EPD – Get Ranking).

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