Shares of Energy Transfer Partners (NYSE:ETP) have received an average recommendation of “Hold” from the nineteen analysts that are covering the stock, MarketBeat reports. Three equities research analysts have rated the stock with a sell rating, four have given a hold rating and twelve have issued a buy rating on the company. The average 12 month target price among brokerages that have covered the stock in the last year is $24.79.
A number of analysts have commented on the stock. Zacks Investment Research upgraded shares of Energy Transfer Partners from a “sell” rating to a “hold” rating in a research report on Monday, January 29th. Stifel Nicolaus set a $27.00 price target on shares of Energy Transfer Partners and gave the stock a “buy” rating in a research report on Friday, February 23rd. Robert W. Baird set a $22.00 price target on shares of Energy Transfer Partners and gave the stock a “buy” rating in a research report on Tuesday, February 27th. ValuEngine cut shares of Energy Transfer Partners from a “sell” rating to a “strong sell” rating in a research note on Wednesday, May 2nd. Finally, Mizuho set a $25.00 price objective on shares of Energy Transfer Partners and gave the stock a “buy” rating in a research note on Wednesday, April 11th.
Shares of ETP stock traded down $0.04 during midday trading on Monday, reaching $18.98. 3,383,688 shares of the company were exchanged, compared to its average volume of 5,984,163. Energy Transfer Partners has a 12 month low of $15.06 and a 12 month high of $23.72. The company has a market capitalization of $22.16 billion, a price-to-earnings ratio of 26.36, a price-to-earnings-growth ratio of 1.05 and a beta of 0.96. The company has a current ratio of 0.92, a quick ratio of 0.70 and a debt-to-equity ratio of 1.02.
Energy Transfer Partners (NYSE:ETP) last released its quarterly earnings results on Wednesday, May 9th. The pipeline company reported $0.10 EPS for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.11). Energy Transfer Partners had a return on equity of 7.22% and a net margin of 8.24%. The company had revenue of $8.28 billion for the quarter, compared to the consensus estimate of $8.84 billion. During the same quarter last year, the firm posted $0.03 earnings per share. The firm’s quarterly revenue was up 20.1% compared to the same quarter last year. equities research analysts predict that Energy Transfer Partners will post 1.31 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, May 15th. Stockholders of record on Monday, May 7th were paid a $0.565 dividend. The ex-dividend date of this dividend was Friday, May 4th. This represents a $2.26 annualized dividend and a dividend yield of 11.91%. Energy Transfer Partners’s dividend payout ratio is currently 313.89%.
In other Energy Transfer Partners news, Director Michael K. Grimm acquired 4,600 shares of the stock in a transaction dated Friday, March 16th. The shares were bought at an average price of $17.06 per share, with a total value of $78,476.00. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 0.17% of the company’s stock.
Institutional investors have recently added to or reduced their stakes in the company. Ladenburg Thalmann Financial Services Inc. increased its position in shares of Energy Transfer Partners by 21.6% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 288,210 shares of the pipeline company’s stock worth $5,165,000 after acquiring an additional 51,253 shares in the last quarter. Deutsche Bank AG increased its position in shares of Energy Transfer Partners by 8.2% in the fourth quarter. Deutsche Bank AG now owns 11,136,428 shares of the pipeline company’s stock worth $199,562,000 after acquiring an additional 847,407 shares in the last quarter. KHP Capital LLC purchased a new position in shares of Energy Transfer Partners in the fourth quarter worth approximately $620,000. Koch Industries Inc. purchased a new position in shares of Energy Transfer Partners in the fourth quarter worth approximately $488,000. Finally, Starfire Investment Advisers Inc. purchased a new position in shares of Energy Transfer Partners in the fourth quarter worth approximately $2,223,000. 63.92% of the stock is currently owned by institutional investors and hedge funds.
Energy Transfer Partners Company Profile
Energy Transfer Partners, L.P. engages in the natural gas midstream, and intrastate transportation and storage businesses in the United States. The company's Intrastate Transportation and Storage segment transports natural gas from various natural gas producing areas through connections with other pipeline systems, as well as through its ET Fuel System and HPL System.
Receive News & Ratings for Energy Transfer Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Energy Transfer Partners and related companies with MarketBeat.com's FREE daily email newsletter.