Sentinel Trust Company Lba Decreased Enterprise Products Part L.P C (NYSE:EPD) Stake By $58.13 Million

October 12, 2017 - By Vivian Currie

Investors sentiment decreased to 0.99 in 2017 Q2. Its down 0.06, from 1.05 in 2017Q1. It worsened, as 54 investors sold EPD shares while 250 reduced holdings. 58 funds opened positions while 244 raised stakes. 780.09 million shares or 1.82% more from 766.14 million shares in 2017Q1 were reported. Bridges Invest Counsel Inc has 27,381 shares for 0.17% of their portfolio. Invest House Ltd has 22,575 shares. Jfs Wealth Advsr Ltd Liability Corp has invested 1.31% in Enterprise Products Partners L.P. (NYSE:EPD). Natixis invested in 1.48M shares or 0.45% of the stock. Kbc Gp Nv holds 0.02% or 89,671 shares in its portfolio. Connecticut-based Essex Financial Svcs has invested 0.17% in Enterprise Products Partners L.P. (NYSE:EPD). Bb&T Ltd Company accumulated 291,078 shares or 0.11% of the stock. Wms Prtnrs Lc reported 1.3% in Enterprise Products Partners L.P. (NYSE:EPD). Blackrock accumulated 3.25 million shares. First Houston Capital reported 1.32% in Enterprise Products Partners L.P. (NYSE:EPD). Moreover, Bradley Foster Sargent Ct has 0.38% invested in Enterprise Products Partners L.P. (NYSE:EPD) for 354,550 shares. Marco Invest Mngmt Limited Liability Co invested 1.4% in Enterprise Products Partners L.P. (NYSE:EPD). Chilton Ltd reported 155,589 shares. New Vernon Inv Management Limited Company invested in 18,871 shares. Independent Portfolio Consultants stated it has 7,325 shares.

Sentinel Trust Company Lba decreased its stake in Enterprise Products Part L.P C (NYSE:EPD) by 24.47% based on its latest 2017Q3 regulatory filing with the SEC. Sentinel Trust Company Lba sold 2.24M shares as the company’s stock declined 6.06% while stock markets rallied. The institutional investor held 6.90M shares of the natural gas distribution company at the end of 2017Q3, valued at $179.94M, down from 9.14 million at the end of the previous reported quarter. Sentinel Trust Company Lba who had been investing in Enterprise Products Part L.P C for a number of months, seems to be less bullish one the $58.04 billion market cap company. The stock declined 0.19% or $0.05 reaching $26.75 per share. About 927,132 shares traded. Enterprise Products Partners L.P. (NYSE:EPD) has declined 0.18% since October 12, 2016 and is downtrending. It has underperformed by 16.88% the S&P500.

Enterprise Products Partners L.P. (NYSE:EPD) Ratings Coverage

Among 24 analysts covering Enterprise Products Partners LP (NYSE:EPD), 23 have Buy rating, 0 Sell and 1 Hold. Therefore 96% are positive. Enterprise Products Partners LP has $38 highest and $29 lowest target. $32.25’s average target is 20.56% above currents $26.75 stock price. Enterprise Products Partners LP had 42 analyst reports since July 23, 2015 according to SRatingsIntel. The rating was initiated by Mizuho on Friday, September 30 with “Buy”. Deutsche Bank maintained Enterprise Products Partners L.P. (NYSE:EPD) rating on Monday, October 10. Deutsche Bank has “Buy” rating and $32 target. The rating was maintained by Barclays Capital with “Overweight” on Friday, August 4. The stock of Enterprise Products Partners L.P. (NYSE:EPD) earned “Neutral” rating by Seaport Global on Friday, April 29. Deutsche Bank maintained Enterprise Products Partners L.P. (NYSE:EPD) rating on Wednesday, November 18. Deutsche Bank has “Buy” rating and $30 target. The firm has “Outperform” rating by Credit Suisse given on Monday, September 19. Bernstein initiated the stock with “Outperform” rating in Wednesday, May 11 report. The company was initiated on Wednesday, January 6 by Howard Weil. The stock of Enterprise Products Partners L.P. (NYSE:EPD) has “Buy” rating given on Wednesday, November 16 by Ladenburg Thalmann. The rating was maintained by Stifel Nicolaus with “Buy” on Thursday, September 14.

Enterprise Products Partners L.P. is a well-known provider of midstream energy services to producers and clients of natural gas, natural gas liquids (NGLs), crude oil, petrochemicals and refined products in North America. The company has market cap of $58.04 billion. The Company’s divisions include NGL Pipelines & Services; Crude Oil Pipelines & Services; Natural Gas Pipelines & Services, and Petrochemical & Refined Products Services. It has a 23.72 P/E ratio.

More notable recent Enterprise Products Partners L.P. (NYSE:EPD) news were published by: Fool.com which released: “Better Buy: Enterprise Products Partners LP vs. Buckeye Partners, LP” on October 04, 2017, also Seekingalpha.com with their article: “Enterprise Products, Colonial Pipeline team up for Beaumont fuel exports” published on October 10, 2017, Fool.com published: “Better Buy: Magellan Midstream Partners, LP vs. Enterprise Products Partners LP” on September 28, 2017. More interesting news about Enterprise Products Partners L.P. (NYSE:EPD) were released by: Fool.com and their article: “The 2 Biggest Reasons Enterprise Products Partners LP Is a Better Dividend …” published on September 21, 2017 as well as Fool.com‘s news article titled: “How Does Holly Energy Partners’ High-Yield Partnership Hold Up to Enterprise …” with publication date: September 20, 2017.

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