$0.28 EPS Expected for Energy Transfer Equity, L.P. (ETE)

April 17, 2018 - By Vivian Currie

Investors sentiment decreased to 0.76 in Q4 2017. Its down 0.12, from 0.88 in 2017Q3. It fall, as 28 investors sold Energy Transfer Equity, L.P. shares while 111 reduced holdings. 38 funds opened positions while 67 raised stakes. 492.05 million shares or 6.77% less from 527.77 million shares in 2017Q3 were reported.
Highland Capital Mgmt Ltd Company stated it has 64,360 shares. Plante Moran Fincl Advisors Ltd Liability, a Michigan-based fund reported 4,800 shares. Alexandria Ltd Company holds 38,168 shares. First Trust reported 0.12% of its portfolio in Energy Transfer Equity, L.P. (NYSE:ETE). 379 were accumulated by Dreman Value Mngmt L L C. Commercial Bank Of Montreal Can reported 20.27M shares stake. Tnb has 0.03% invested in Energy Transfer Equity, L.P. (NYSE:ETE) for 10,300 shares. Missouri-based Atwood And Palmer Incorporated has invested 0.02% in Energy Transfer Equity, L.P. (NYSE:ETE). Moors Cabot reported 0.04% of its portfolio in Energy Transfer Equity, L.P. (NYSE:ETE). Kayne Anderson Advsrs Limited Partnership invested in 5.03 million shares. Third Security Limited invested in 1.25% or 847,650 shares. Wealthtrust invested 0% of its portfolio in Energy Transfer Equity, L.P. (NYSE:ETE). First Manhattan has invested 0% in Energy Transfer Equity, L.P. (NYSE:ETE). Tph Asset Lc holds 1.17 million shares or 2% of its portfolio. Jefferies Gp Lc invested in 0.03% or 310,500 shares.

Analysts expect Energy Transfer Equity, L.P. (NYSE:ETE) to report $0.28 EPS on May, 2.They anticipate $0.05 EPS change or 21.74 % from last quarter’s $0.23 EPS. ETE’s profit would be $302.77 million giving it 13.95 P/E if the $0.28 EPS is correct. After having $0.41 EPS previously, Energy Transfer Equity, L.P.’s analysts see -31.71 % EPS growth. The stock increased 2.36% or $0.36 during the last trading session, reaching $15.62. About 1.09M shares traded. Energy Transfer Equity, L.P. (NYSE:ETE) has declined 22.45% since April 17, 2017 and is downtrending. It has underperformed by 34.00% the S&P500.

Energy Transfer Equity, L.P. (NYSE:ETE) Ratings Coverage

Among 6 analysts covering Energy Transfer Eq (NYSE:ETE), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. Energy Transfer Eq had 8 analyst reports since October 26, 2017 according to SRatingsIntel. Mizuho maintained the stock with “Buy” rating in Wednesday, April 11 report. The stock has “Neutral” rating by Bank of America on Tuesday, March 27. The company was maintained on Friday, April 6 by Robert W. Baird. The stock of Energy Transfer Equity, L.P. (NYSE:ETE) earned “Buy” rating by Robert W. Baird on Thursday, October 26. The firm has “Buy” rating given on Tuesday, January 16 by RBC Capital Markets. The stock of Energy Transfer Equity, L.P. (NYSE:ETE) has “Hold” rating given on Monday, November 13 by BMO Capital Markets. Robert W. Baird maintained the stock with “Buy” rating in Tuesday, February 27 report.

Energy Transfer Equity, L.P. provides diversified energy-related services in the United States. The company has market cap of $16.89 billion. It owns and operates approximately 7,900 miles of natural gas transportation pipelines and three natural gas storage facilities in Texas; and approximately 11,800 miles of interstate natural gas pipelines. It has a 18.89 P/E ratio. The firm sells natural gas to electric utilities, independent power plants, local distribution companies, industrial end-users, and other marketing companies.

Energy Transfer Equity, L.P. (NYSE:ETE) Institutional Positions Chart

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