How Many Energy Transfer Equity, L.P. (NYSE:ETE)’s Analysts Are Bearish?

October 2, 2018 - By olga

Investors sentiment decreased to 0.85 in Q2 2018. Its down 0.07, from 0.92 in 2018Q1. It worsened, as 23 investors sold Energy Transfer Equity, L.P. shares while 100 reduced holdings. 33 funds opened positions while 72 raised stakes. 476.76 million shares or 0.06% less from 477.05 million shares in 2018Q1 were reported.
Hl Financial Ltd Co has 75,000 shares. Tiedemann Advsr Llc owns 0.46% invested in Energy Transfer Equity, L.P. (NYSE:ETE) for 416,170 shares. Energy Income Partners Ltd Limited Liability Company holds 1.4% or 4.44 million shares in its portfolio. Gamco Invsts Et Al invested in 37,800 shares. C V Starr & Incorporated holds 8.09% of its portfolio in Energy Transfer Equity, L.P. (NYSE:ETE) for 110,230 shares. Jefferies Grp Lc has invested 0% in Energy Transfer Equity, L.P. (NYSE:ETE). Kings Point Cap Mgmt holds 1.37% of its portfolio in Energy Transfer Equity, L.P. (NYSE:ETE) for 402,221 shares. Beach Invest Mngmt Limited Liability Corp invested 1.69% in Energy Transfer Equity, L.P. (NYSE:ETE). 1.15M are owned by Brookfield Asset. Eagle Glob Limited Liability Company stated it has 8.59 million shares. Advisory Ser Network holds 5,059 shares or 0.01% of its portfolio. 549,316 were reported by Wexford Cap Limited Partnership. National Bank & Trust Of America De stated it has 0.07% in Energy Transfer Equity, L.P. (NYSE:ETE). 64,000 are owned by Blackhill Cap. Castleark Management Limited Co holds 0.06% or 116,300 shares.

Since September 6, 2018, it had 2 insider purchases, and 0 insider sales for $2.21 million activity.

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

Among 5 analysts covering Energy Transfer Eq (NYSE:ETE), 5 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Energy Transfer Eq had 5 analyst reports since April 6, 2018 according to SRatingsIntel. Morgan Stanley maintained the stock with “Overweight” rating in Friday, August 3 report. On Friday, April 6 the stock rating was maintained by Robert W. Baird with “Buy”. The firm has “Buy” rating given on Thursday, May 17 by Bank of America. The company was upgraded on Thursday, August 2 by Stephens. The firm earned “Buy” rating on Wednesday, April 11 by Mizuho. Below is a list of Energy Transfer Equity, L.P. (NYSE:ETE) latest ratings and price target changes.

03/08/2018 Broker: Morgan Stanley Old Rating: Overweight New Rating: Overweight Old Target: $19 New Target: $21 Maintain
02/08/2018 Broker: Stephens Old Rating: Equal-Weight New Rating: Overweight Old Target: $20 New Target: $23 Upgrade
17/05/2018 Broker: Bank of America Old Rating: Neutral New Rating: Buy Old Target: $17 Upgrade
11/04/2018 Broker: Mizuho Rating: Buy New Target: $20.0000 Maintain
06/04/2018 Broker: Robert W. Baird Rating: Buy New Target: $19.0000 Maintain

The stock increased 3.79% or $0.66 during the last trading session, reaching $18.09. About 14.43M shares traded or 171.73% up from the average. Energy Transfer Equity, L.P. (NYSE:ETE) has declined 0.11% since October 2, 2017 and is downtrending. It has underperformed by 15.73% the S&P500.

Energy Transfer Equity, L.P. provides diversified energy-related services in the United States. The company has market cap of $20.99 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 17.2 P/E ratio. The firm sells natural gas to electric utilities, independent power plants, local distribution companies, industrial end-users, and other marketing companies.

Another recent and important Energy Transfer Equity, L.P. (NYSE:ETE) news was published by Benzinga.com which published an article titled: “Insider Buys Of The Week: Energy Transfer Equity, Energy Transfer Partners, RH” on September 16, 2018.

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

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