Westwood Holdings Group INC Holding in Enterprise Prods Partners LP (EPD) Has Lowered by $26.64 Million

April 26, 2018 - By Adrian Erickson

Enterprise Products Partners L.P. (NYSE:EPD) LogoInvestors sentiment decreased to 0.85 in Q4 2017. Its down 0.15, from 1 in 2017Q3. It fall, as 60 investors sold EPD shares while 283 reduced holdings. 73 funds opened positions while 219 raised stakes. 750.14 million shares or 4.26% less from 783.53 million shares in 2017Q3 were reported. Moreover, Orleans Mngmt La has 1.68% invested in Enterprise Products Partners L.P. (NYSE:EPD) for 89,065 shares. 456,996 are owned by First Advsr Ltd Partnership. Cibc Asset Mngmt Inc invested in 71,466 shares or 0.01% of the stock. Asset Mngmt Of Georgia Inc Ga Adv stated it has 9,300 shares. Moreover, Blair William And Il has 0.15% invested in Enterprise Products Partners L.P. (NYSE:EPD) for 847,540 shares. Horizon Kinetics Lc invested 0.02% of its portfolio in Enterprise Products Partners L.P. (NYSE:EPD). Mark Sheptoff Financial Planning Ltd Co owns 1,600 shares for 0.03% of their portfolio. Fifth Third Bankshares holds 0.01% or 56,701 shares. Beck Mack Oliver accumulated 1.41% or 1.63M shares. Aperio Group Limited Co invested in 0% or 25,400 shares. Verity And Verity Ltd Liability Corporation accumulated 140,807 shares. Johnson Financial invested 0.02% in Enterprise Products Partners L.P. (NYSE:EPD). Dumont & Blake Inv Advisors Limited Liability Corp accumulated 9,992 shares or 0.11% of the stock. 148,574 were reported by Leavell Investment. 18,316 are held by Gould Asset Ltd Liability Ca.

Since March 7, 2018, it had 2 insider buys, and 0 insider sales for $1.10 million activity.

Westwood Holdings Group Inc decreased its stake in Enterprise Prods Partners Lp (EPD) by 17.63% based on its latest 2017Q4 regulatory filing with the SEC. Westwood Holdings Group Inc sold 1.02M shares as the company’s stock declined 8.22% with the market. The institutional investor held 4.79M shares of the natural gas distribution company at the end of 2017Q4, valued at $126.86 million, down from 5.81M at the end of the previous reported quarter. Westwood Holdings Group Inc who had been investing in Enterprise Prods Partners Lp for a number of months, seems to be less bullish one the $58.00 billion market cap company. The stock decreased 1.15% or $0.31 during the last trading session, reaching $26.71. About 2.22M shares traded. Enterprise Products Partners L.P. (NYSE:EPD) has declined 10.03% since April 26, 2017 and is downtrending. It has underperformed by 21.58% the S&P500.

Westwood Holdings Group Inc, which manages about $13.29B US Long portfolio, upped its stake in Jpmorgan Chase & Co (NYSE:JPM) by 39,834 shares to 1.73M shares, valued at $184.79 million in 2017Q4, according to the filing. It also increased its holding in Chubb Limited by 95,402 shares in the quarter, for a total of 1.27M shares, and has risen its stake in Us Bancorp Del (NYSE:USB).

Analysts await Enterprise Products Partners L.P. (NYSE:EPD) to report earnings on April, 30 before the open. They expect $0.37 earnings per share, up 2.78 % or $0.01 from last year’s $0.36 per share. EPD’s profit will be $803.42 million for 18.05 P/E if the $0.37 EPS becomes a reality. After $0.37 actual earnings per share reported by Enterprise Products Partners L.P. for the previous quarter, Wall Street now forecasts 0.00 % EPS growth.

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

Among 10 analysts covering Enterprise Products Partners LP (NYSE:EPD), 10 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Enterprise Products Partners LP has $34.0 highest and $2700 lowest target. $31.10’s average target is 16.44% above currents $26.71 stock price. Enterprise Products Partners LP had 12 analyst reports since November 13, 2017 according to SRatingsIntel. The rating was maintained by Bank of America with “Buy” on Tuesday, March 27. Barclays Capital maintained Enterprise Products Partners L.P. (NYSE:EPD) rating on Tuesday, April 17. Barclays Capital has “Overweight” rating and $29 target. The firm has “Buy” rating by RBC Capital Markets given on Tuesday, January 16. The stock of Enterprise Products Partners L.P. (NYSE:EPD) earned “Buy” rating by Stifel Nicolaus on Wednesday, January 31. The stock of Enterprise Products Partners L.P. (NYSE:EPD) has “Buy” rating given on Friday, March 2 by UBS. The rating was maintained by BMO Capital Markets on Monday, November 13 with “Buy”. The stock of Enterprise Products Partners L.P. (NYSE:EPD) earned “Buy” rating by Seaport Global on Thursday, March 8. The stock of Enterprise Products Partners L.P. (NYSE:EPD) has “Buy” rating given on Friday, January 12 by Jefferies. The rating was maintained by Seaport Global with “Buy” on Monday, April 9.

Enterprise Products Partners L.P. (NYSE:EPD) Institutional Positions Chart

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