Advisory Research Inc. Has $197.58 Million Position in Energy Transfer Partners LP (ETP)

Advisory Research Inc. reduced its stake in shares of Energy Transfer Partners LP (NYSE:ETP) by 12.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 11,025,917 shares of the pipeline company’s stock after selling 1,600,274 shares during the period. Energy Transfer Partners accounts for about 3.3% of Advisory Research Inc.’s portfolio, making the stock its 3rd largest holding. Advisory Research Inc. owned approximately 0.95% of Energy Transfer Partners worth $197,584,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of ETP. Alps Advisors Inc. boosted its holdings in shares of Energy Transfer Partners by 12.2% during the 4th quarter. Alps Advisors Inc. now owns 59,550,445 shares of the pipeline company’s stock worth $1,067,144,000 after purchasing an additional 6,485,765 shares during the last quarter. Atlantic Trust Group LLC boosted its holdings in shares of Energy Transfer Partners by 28.3% during the 3rd quarter. Atlantic Trust Group LLC now owns 22,926,399 shares of the pipeline company’s stock worth $419,325,000 after purchasing an additional 5,054,227 shares during the last quarter. Brookfield Asset Management Inc. boosted its holdings in shares of Energy Transfer Partners by 156.1% during the 2nd quarter. Brookfield Asset Management Inc. now owns 5,786,693 shares of the pipeline company’s stock worth $117,991,000 after purchasing an additional 3,527,399 shares during the last quarter. SG Americas Securities LLC boosted its holdings in shares of Energy Transfer Partners by 9,517.3% during the 3rd quarter. SG Americas Securities LLC now owns 2,659,844 shares of the pipeline company’s stock worth $48,649,000 after purchasing an additional 2,632,187 shares during the last quarter. Finally, Magnetar Financial LLC boosted its holdings in shares of Energy Transfer Partners by 8,733.3% during the 3rd quarter. Magnetar Financial LLC now owns 2,650,000 shares of the pipeline company’s stock worth $48,469,000 after purchasing an additional 2,620,000 shares during the last quarter. Institutional investors and hedge funds own 61.56% of the company’s stock.

Energy Transfer Partners LP (NYSE ETP) opened at $18.95 on Wednesday. The company has a debt-to-equity ratio of 1.09, a quick ratio of 0.61 and a current ratio of 0.84. The company has a market cap of $21,900.00, a price-to-earnings ratio of 31.58 and a beta of 0.91. Energy Transfer Partners LP has a 12 month low of $15.25 and a 12 month high of $26.69.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, February 14th. Investors of record on Thursday, February 8th will be paid a dividend of $0.565 per share. The ex-dividend date of this dividend is Wednesday, February 7th. This represents a $2.26 dividend on an annualized basis and a dividend yield of 11.93%. Energy Transfer Partners’s payout ratio is currently 376.67%.

ETP has been the topic of a number of recent analyst reports. Bank of America initiated coverage on Energy Transfer Partners in a report on Tuesday, January 9th. They issued a “buy” rating on the stock. Zacks Investment Research upgraded Energy Transfer Partners from a “hold” rating to a “buy” rating and set a $19.00 price objective on the stock in a report on Tuesday, November 14th. Stifel Nicolaus reiterated a “buy” rating and issued a $21.00 price objective (down from $24.00) on shares of Energy Transfer Partners in a report on Thursday, November 9th. Tudor Pickering upgraded Energy Transfer Partners from a “hold” rating to a “buy” rating in a report on Wednesday, December 13th. Finally, Robert W. Baird set a $28.00 target price on Energy Transfer Partners and gave the company a “buy” rating in a research report on Saturday, November 18th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $25.86.

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Energy Transfer Partners Company Profile

Energy Transfer Partners, L.P., formerly Sunoco Logistics Partners L.P., owns and operates a logistics business. The Company is engaged in the transport, terminaling and storage of crude oil, refined products and natural gas liquids (NGLs). The Company’s segments include Crude Oil, Natural Gas Liquids and Refined Products.

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

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