Published: Wed, October 11, 2017
Business | By Max Garcia

Energy Transfer Equity LP (NYSE:ETE) Quarterly Sentiment Report


It has a 58.53 P/E ratio. The Company's Investment in ETP segment includes the ETP's operations, which include intrastate transportation and storage operations; interstate transportation and storage operations; midstream operations; liquids transportation and services operations; ETP's Investment in Sunoco Logistics; Retail Marketing operations, and ETP's other activities and Investments. The Locust Wood Capital Advisers Llc holds 264,832 shares with $32.53 million value, down from 311,657 last quarter. Check Point Software Tech Lt now has $19.47 billion valuation. The company's stock had a trading volume of 3,573,121 shares. About 2.90 million shares traded. It has outperformed by 18.44% the S&P500.

Locust Wood Capital Advisers Llc increased Berkshire Hathaway Inc Del (BRKB) stake by 65,340 shares to 161,287 valued at $27.32M in 2017Q2. Cliffs Nat Res Inc (NYSE:CLF) was raised too.

Investors sentiment decreased to 0.86 in 2017 Q2. Institutional investors own 88.00% stake in the company while Beta factor, which is used to measure riskiness of the security, was 1.28. It turned negative, as 28 investors sold Energy Transfer Equity LP shares while 97 reduced holdings. Linscomb & Williams accumulated 38,658 shares. CDEV's asset turnover ratio is 0.11 and the company has financial leverage of 0.13. Increasing profits are the best indication that a company can pay dividends and that the share price will trend upward. Ray Gerald L & Assoc Ltd owns 73,148 shares. Shamrock Asset reported 3,500 shares. Zurcher Kantonalbank (Zurich Cantonalbank) owns 1,353 shares. It also upped Rice Energy Inc (NYSE:RICE) stake by 39,607 shares and now owns 379,721 shares. Brown Advisory, Maryland-based fund reported 5,725 shares.

Among 15 analysts covering Energy Transfer Equity LP (NYSE:ETE), 11 have Buy rating, 0 Sell and 4 Hold. Therefore 31% are positive.

Several research analysts have recently weighed in on ETE shares. The stock has "Buy" rating by Jefferies on Monday, September 11. The rating was initiated by CJS Securities with "Market Outperform" on Monday, October 31. The firm earned "Buy" rating on Monday, August 14 by Oppenheimer. The firm earned "Sell" rating on Thursday, September 24 by TheStreet. The rating was maintained by Jefferies on Friday, July 7 with "Buy". The company has a consensus rating of "Buy" and an average price target of $21.15. On Tuesday, March 22 the stock rating was maintained by Jefferies with "Buy". When RSI moves below 30, it is oversold and could lead to an upward move.

Analysts await Vector Group Ltd (NYSE:VGR) to report earnings on November, 2. They expect $0.74 earnings per share, down 32.73% or $0.36 from last year's $1.1 per share. While in the same Quarter Previous year, the Actual EPS was $0.19. The pipeline company reported $0.18 earnings per share for the quarter, missing analysts' consensus estimates of $0.25 by ($0.07). Analyst recommendations as stated on FINVIZ are rated on a 1 to 5 scale. The company rocked its 52-Week High of $20.05 and touched its 52-Week Low of $13.77.

The Average True Range of ATR For Shares of Energy Transfer Equity LP (ETE) have trended downward over the past 10 bars, indicating bearish momentum for the equity near-term. WFG Advisors LP boosted its stake in shares of Energy Transfer Equity by 1,251.4% in the fourth quarter. The rating was upgraded by Bernstein to "Outperform" on Wednesday, May 10.

09/02/2016 - Energy Transfer Equity, L.P. had its "overweight" rating reiterated by analysts at JP Morgan. State Street Corporation owns 102,176 shares or 0% of their U.S. portfolio.

Analysts look for public financial statements, listen in on conference calls and talk to managers and customers of a company in order to reach an opinion and communicate the value of a stock. The Tennessee-based Chickasaw Capital Management Llc has invested 8.4% in the stock. Loeb Partners Corp, a New York-based fund reported 52,127 shares. As a result, shareholders under-react when stock prices approach the 52-week high, and as a result, contrary to most shareholders' expectations, stocks near their 52-week highs tend to be systematically undervalued.

About 690,448 shares traded. BMO Capital Markets maintained Energy Transfer Equity LP (NYSE:ETE) on Tuesday, July 11 with "Hold" rating. It has outperformed by 25.98% the S&P500.

Energy Transfer Equity LP (ETE) now has a 14-day Commodity Channel Index (CCI) of 165.71. Its mean Altman Z-Score: 0.74 during the last 7 years, while average Beneish M-Score: -2.64 during the last 7 years. ETE's profit will be $366.97 million for 13.16 P/E if the $0.34 EPS becomes a reality. During last 3 month period, 0.11% of total institutional ownership has changed in the company shares.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Like this: