Enterprise Products Partners (NYSE:EPD – Get Rating) will release quarterly earnings data before market open on Wednesday, February 1. Analysts expect the company to report earnings of $0.60 per share for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

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Enterprise Products Partners (NYSE:EPD – Get Rating) last reported quarterly earnings data on Tuesday, November 1. The oil and gas producer reported EPS of $0.63 for the quarter, beating the consensus estimate of $0.61 by $0.02. Enterprise Products Partners achieved a net margin of 9.12% and a return on equity of 19.59%. The company posted revenue of $15.47 billion for the quarter, versus a consensus estimate of $13.85 billion. On average, analysts expect Enterprise Products Partners to post EPS of $2 for the current fiscal year and EPS of $3 for the next fiscal year.

Company Products Partners Stock Performance

Shares of EPD opened at $26.33 on Wednesday. Enterprise Products Partners has a one-year minimum of $22.75 and a one-year maximum of $28.65. The company’s 50-day moving average is $24.63 and its 200-day moving average is $25.25. The company has a market capitalization of $57.28 billion, a price-earnings ratio of 11.35 and a beta of 1.11. The company has a debt ratio of 0.97, a quick ratio of 0.61 and a current ratio of 0.86.

Enterprise Products Partners increases its dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, February 14. Investors of record on Tuesday, January 31 will receive a dividend of $0.49 per share. This represents an annualized dividend of $1.96 and a yield of 7.44%. This is an increase from Enterprise Products Partners’ previous quarterly dividend of $0.48. The ex-dividend date is Monday, January 30. Enterprise Products Partners’ dividend payout rate is 81.90%.

Insiders place their bets

Separately, CEO Aj Teague purchased 3,650 shares of the company in a trade on Tuesday, December 27. The shares were purchased at an average price of $24.09 per share, for a total transaction of $87,928.50. As a result of the purchase, the CEO now owns 2,337,775 shares of the company, valued at $56,316,999.75. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available via this hyperlink. Separately, CEO Aj Teague purchased 3,650 shares of the company in a trade on Tuesday, December 27. The shares were purchased at an average price of $24.09 per share, for a total transaction of $87,928.50. As a result of the purchase, the CEO now owns 2,337,775 shares of the company, valued at $56,316,999.75. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available via this hyperlink. Additionally, director John R. Rutherford acquired 10,000 shares of Enterprise Products Partners in a transaction dated Wednesday, November 23. The shares were purchased at an average price of $24.88 per share, for a total transaction of $248,800.00. Following the transaction, the administrator now owns 123,941 shares of the company, valued at $3,083,652.08. Disclosure of this purchase can be found here. In the past 90 days, insiders have purchased 39,800 shares of the company worth $955,819. Insiders of the company hold 32.60% of the shares of the company.

Institutional investors weigh in on enterprise product partners

Several institutional investors and hedge funds have recently changed their stock holdings. Advisors Asset Management Inc. increased its position in shares of Enterprise Products Partners by 0.5% during the first quarter. Advisors Asset Management Inc. now owns 102,021 shares of the oil and gas producer valued at $2,633,000 after buying 458 additional shares in the last quarter. Strategic Wealth Partners Ltd. increased its holdings of Enterprise Products Partners shares by 5.4% in the first quarter. Strategic Wealth Partners Ltd. now owns 11,031 shares of the oil and gas producer valued at $285,000 after buying an additional 563 shares last quarter. Hutner Capital Management Inc. increased its holdings of Enterprise Products Partners shares by 0.8% in the first quarter. Hutner Capital Management Inc. now owns 90,445 shares of the oil and gas producer valued at $2,334,000 after buying an additional 725 shares last quarter. Douglass Winthrop Advisors LLC increased its holdings of Enterprise Products Partners shares by 8.0% in the first quarter. Douglass Winthrop Advisors LLC now owns 13,556 shares of the oil and gas producer valued at $350,000 after buying an additional 1,000 shares last quarter. Finally, Continuum Advisory LLC increased its holdings of Enterprise Products Partners shares by 9.8% in the first quarter. Continuum Advisory LLC now owns 12,250 shares of the oil and gas producer valued at $317,000 after buying an additional 1,092 shares last quarter. Institutional investors hold 26.54% of the company’s shares.

Analyst upgrades and downgrades

Several analysts have recently commented on the stock. Tudor, Pickering, Holt & Co. downgraded shares of Enterprise Products Partners from a “buy” rating to a “hold” rating and set a price target of $29.00 for the stock. in a research report on Tuesday, October 18. Citigroup launched a hedge on the shares of Enterprise Products Partners in a report on Thursday, December 8. They set a “buy” rating and a price target of $31.00 on the stock. Tudor Pickering downgraded shares of Enterprise Products Partners from a “buy” rating to a “hold” rating and set a price target of $29.00 for the stock. in a report on Tuesday, October 18. Wolfe Research upgraded Enterprise Products Partners shares from a “peer performance” rating to an “outperform” rating and set a price target of $27.00 on the stock in a report from the Monday, January 9. Finally, StockNews.com launched coverage on the shares of Enterprise Products Partners in a report on Wednesday, October 12. They set a “buy” rating on the stock. Three research analysts gave the stock a hold rating, seven gave the company a buy rating and one gave the company a strong buy rating. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $30.50.

About Partners Enterprise Products

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Enterprise Products Partners LP operates as a holding company, which is engaged in the production and trading of natural gas and petrochemicals. It operates through the following segments: NGL Pipelines and Services, Crude Oil Pipelines and Services, Natural Gas Pipelines and Services, and Petrochemicals and Refined Products Services.

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Revenue History for Enterprise Product Partners (NYSE:EPD)

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