Enbridge Energy Partners L.P. (EEP) : Texas Yale Capital Corp. scooped up 12,500 additional shares in Enbridge Energy Partners L.P. during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 12, 2016. The investment management firm now holds a total of 430,808 shares of Enbridge Energy Partners L.P. which is valued at $10,615,109.Enbridge Energy Partners L.P. makes up approximately 1.01% of Texas Yale Capital Corp.’s portfolio.
Other Hedge Funds, Including , Nuveen Asset Management reduced its stake in EEP by selling 15,511 shares or 3.18% in the most recent quarter. The Hedge Fund company now holds 472,651 shares of EEP which is valued at $11,646,121. Enbridge Energy Partners L.P. makes up approx 0.07% of Nuveen Asset Management’s portfolio.Keybank National Associationoh reduced its stake in EEP by selling 380 shares or 2.35% in the most recent quarter. The Hedge Fund company now holds 15,764 shares of EEP which is valued at $388,425.Nelson Van Denburg Campbell Wealth Management Group reduced its stake in EEP by selling 333 shares or 11.57% in the most recent quarter. The Hedge Fund company now holds 2,544 shares of EEP which is valued at $60,013. Enbridge Energy Partners L.P. makes up approx 0.02% of Nelson Van Denburg Campbell Wealth Management Group’s portfolio.
Enbridge Energy Partners L.P. closed down -0.29 points or -1.23% at $23.38 with 6,32,144 shares getting traded on Monday. Post opening the session at $23.65, the shares hit an intraday low of $23.38 and an intraday high of $23.709 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
On the company’s financial health, Enbridge Energy Partners L.P. reported $0.22 EPS for the quarter, beating the analyst consensus estimate by $ 0.10 according to the earnings call on Jul 28, 2016. Analyst had a consensus of $0.12. The company had revenue of $1048.90 million for the quarter, compared to analysts expectations of $1067.17 million. The company’s revenue was down -20.1 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.18 EPS.
Many Wall Street Analysts have commented on Enbridge Energy Partners L.P.. Enbridge Energy Partners L.P. was Upgraded by Credit Suisse to ” Outperform” on Aug 1, 2016. Enbridge Energy Partners L.P. was Downgraded by Goldman to ” Sell” on Jul 20, 2016.
Enbridge Energy Partners L.P. (the Partnership) is a limited partnership that owns and operates crude oil and liquid petroleum transportation and storage assets and natural gas gathering treating processing transportation and marketing assets in the United States of America. The Company’s activities include Interstate pipeline transportation and storage of crude oil and liquid petroleum and gathering treating processing and transportation of natural gas and natural gas liquids (NGLs) through pipelines and related facilities and supply transportation and sales services including purchasing and selling natural gas and NGLs. It operates in two segments: Liquids and Natural Gas. The Liquids segment includes the operations of its Lakehead North Dakota and Mid-Continent crude oil systems. The natural gas business includes natural gas and NGL gathering and transportation pipeline systems natural gas processing and treating facilities and NGL fractionation facilities.