Update on Enterprise Products Partners LP (NYSE:EPD) for the day

Johnson & Johnson (NYSE:JNJ) went up +0.00% during trading on 8/19/2016, hitting $119.99. The investment managers in our partner’s database now hold: 710.31 million shares, up from 678.10 million shares in 2015Q4. The company has its Price to Sales (P/S) ratio of 2.45 where Price to Book (P/B) ratio of 2.57, Price to Cash Per share (P/C) of 498.63 and Price to Free Cash Flow (P/FCF) has a value of 0. Current price places the company’s stock -17.27% away from its 200-day simple moving average, 1.85%, away from the 50-day average and also 5.05% away from 20-day average.

The return on assets for Enterprise Products Partners L.P. stands at 5.10%, (ROA – calculated by dividing the total annual earnings by the company’s total assets – illustrates how profitable a company really is in relation to its total assets). For the quarter ending 2016-09-30, analysts are modeling EPS of $0.31. The firm had revenue of $5.62 billion for the quarter, compared to the consensus estimate of $5.62 billion.

Enterprise Products Partners LP has 2,091,583,000 shares now held by shareholders which now trade around the 27.56 mark which totals Enterprise Products Partners LP’s market capitalisation to 57.64B Dollars.

The business also recently announced a quarterly dividend, which was paid on Friday, August 5th.

Several hedge funds and institutional investors have made changes to their positions in the company.

Enterprise Products Partners L.P. has a simple moving average of -3.35% in its last 20 days.

Historically, if we look at price target revisions, three weeks ago Enterprise Products Partners L.P. (NYSE:EPD)’s price target was revised on 07/26/16 by the analysts, however the bullish price estimates of the stock set at $44.00 while the bearish estimates kept at $29.00 over the next one year. The stock’s weekly volatility was 1.95% and the RSI amounts to 39.66. Enterprise Products Partners L.P. P/E (price to earnings) ratio is 21.65 and Forward P/E ratio of 18.58. Alps Advisors Inc. now owns 29,783,755 shares of the company’s stock worth $871,473,000 after buying an additional 1,059,738 shares during the last quarter. Morgan Stanley lowered shares of Enterprise Products Partners L.P. from an “overweight” rating to an “equal weight” rating and reduced their target price for the stock from $33.00 to $30.00 in a research note on Thursday.

02/08/2016 – Enterprise Products Partners L.P. had its “buy” rating reiterated by analysts at Goldman Sachs. Howard Weil began coverage on shares of Enterprise Products Partners L.P.in a report on Wednesday, June 1st. The Connecticut-based Energy Income Partners Llc has invested 9.65% in the stock.

11/03/2015 – Enterprise Products Partners L.P. had its “buy” rating reiterated by analysts at Argus. They now have a Dollars 33 price target on the stock. They issued a “sector outperform” rating and a $31.00 target price for the company. The Company operates in five segments: NGL Pipelines & Services segment includes its natural gas processing plants and related NGL marketing activities; Onshore Natural Gas Pipelines & Services segment includes approximately 19,300 miles of onshore natural gas pipeline systems; Onshore Crude Oil Pipelines & Services segment includes approximately 5,400 miles of onshore crude oil pipelines, crude oil storage terminals; Offshore Pipelines & Services segment serves drilling and development regions, including deepwater production fields and Petrochemical & Refined Products Services segment includes propylene fractionation and related operations, including approximately 680 miles of pipelines.